Movoto Real Estate
Sold on 05/31/2022
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405 E 8th St, Corona, CA 92879

$1,249,000

Last sold 05/31/2022 for $910K

  • —

    bed

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    bath

Multi-family not for sale

About 405 E 8th St

Property type Multi-family
Neighborhood
Year built 1955
HOA fee $0/month
Lot size 0.33 Acre
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
This Corona Investment property is one of a kind. There are 5 separate units currently being rented out. Four 1 bedroom studios with their own laundry at 637 square feet each. One 1 bedroom studio with its own laundry at 563 square feet. The property has a lot of parking with carports and a two-car garage. Come see this Great Opportunity.
Listed by
Listing Agent - Jesse Ramirez
Listing Office - Re/Max Partners
Source: CRMLS mls logo
MLS#IG22058327 • last updated 4 years ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Levels/Style One
Type Residential Income
Status Closed
Lot Size (Acres) 0.33
Lot Size (SqFt) 14375
Year Built 1955
Interior
Laundry Individual Room
Exterior
Building Area Square Feet, 3111
# Carport Spaces 3
# Parking Spaces 5
# Garage Spaces 2
Lot Description Front Yard, Lot 10000-19999 Sqft
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Riverside
Community Features Sidewalks, Storm Drains
Subdivision Other, Other (OTHR)
Zoning R3
Directions Howard / 8th
APN 117206012
Multifamily Details
Expense: Trash 600
Operating Expense 500
Expense: Insurance 1200
Total Expenses 6000
Expense: Maintenance 800
Expense: Water/ Sewer 2400
Gross Income 49500
Gross Scheduled Income 4537
Lot/ Land Details
Average Studio Area 637
$1.24M
Range: $1.12M-$1.37M
Last 30 days 
Rental est.: $1,884/month
Gross rent multiplier: 40.3
  • May 2022
    Public Records
  • May 31, 2022 Sold
    $910,000
  • May 2022
    mls logo MLS # IG22058327
  • May 31, 2022 Sold
    $910,000 (-9.0%)
  • Apr 11, 2022 Pending
    —
  • Mar 31, 2022 Listed
    —
  • Mar 25, 2022 Pending
    —
  • Mar 22, 2022 Listed
    $999,990
  • Year Property taxes Tax assessment
  • 2024
    $10,660 +1.4%
    $965,699 +4.04%
  • 2023
    $10,515 +1075.4%
    $928,200
  • 2022
    $895 +1.9%
    $928,200 +1317.68%
  • 2021
    $878 +0.9%
    $65,473
  • 2020
    $870
    $65,473
  • 405 E 8th St
    $910K
  • Downtown Corona
    $504K -14% y/y
  • 92879
    $587K -14% y/y
  • Corona
    $749K 0% y/y
No chart available
Statistics calculated by Movoto

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8/10
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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