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Sold on 08/07/2012
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562 Penrose Dr, Corona, CA 92880

$1,445,000

Last sold 08/07/2012 for $392K

  • —

    bed

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    bath

Multi-family not for sale
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About 562 Penrose Dr

Property type Multi-family
Neighborhood
Year built 1966
HOA fee $0/month
Lot size 8,033 Sqft
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
Good Opportunity to get started with a low maintanance Four-Plex - Potential for Owner Occupant Purchaser to use 3.5% Down FHA Financing. DO NOT DISTURB TENANTS- Four Town Home Style Units- all 2 bedroom with 1/1/2 baths each over 1000 square feet. 4 Single Car Spaces. Easy Rental location
Listed by
Listing Agent - Scott Chappell
Listing Agent Contact: 951-313-4350
Listing Office - Liberty Real Estate Services
Source: CRMLS mls logo
MLS#K11147288 • last updated 1 year ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style Two
Type Residential Income
Status Closed
Lot Size (Acres) 0.18
Lot Size (SqFt) 8033
Property Tax 5054
Year Built 1966
Condition Updated/Remodeled
Interior
Laundry Community
Flooring Carpet
Exterior
Construction Frame, Stucco
Roof Composition
Building Area 4120
Parking Assigned
# Parking Spaces 4
# Garage Spaces 4
Amenities / Utilities
Fireplaces None
Spa None
Pool None
Location
County Riverside
Community Features Sidewalks
Directions Cross Streets: River/Cota
APN 119081024
Multifamily Details
Vacancy Allowance Rate 5
Vacancy Allowance 2370
Expense: Trash 1165
Gross Spendable Income 41428
Operating Expense 15010
Expense: Insurance 1400
Total Expenses 15010
Expense: Maintenance 2370
Expense: Water/ Sewer 3000
Gross Income 3950
Gross Operating Income 45030
Expense: Electric 300
Gross Multiplier 8.44
Gross Scheduled Income 47400
Expense: Fuel 1000
Expense: Gardener 1200
$1.44M
Range: $1.27M-$1.61M
Last 30 days 
Rental est.: $1,664/month
Gross rent multiplier: 19.6
  • Sep 2025
    mls logo MLS # K11147288
  • Sep 19, 2025 Sold
    $392,000
  • Nov 8, 2011 Listed
    $392,000 (-7.8%)
  • Oct 2003
    Public Records
  • Oct 16, 2003 Sold
    $425,000
  • Year Property taxes Tax assessment
  • 2024
    $5,333 +1.4%
    $482,703 +4.04%
  • 2023
    $5,260 +1.8%
    $463,961 +2.0%
  • 2022
    $5,165 +2.0%
    $454,864 +2.0%
  • 2021
    $5,063 +1.1%
    $445,946
  • 2020
    $5,008
    $445,946
  • 562 Penrose Dr
    $392K
  • North Corona
    $749K
  • 92880
    $667K 0% y/y
  • Corona
    $749K 0% y/y
No chart available
Statistics calculated by Movoto

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7/10
Norco High School
public Grades 9-12
Corona-Norco Unified School District
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.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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