1087 Circle City Drive, Corona, CA 92879

$6,580,000
23,744
SqFt
List Price
$6,580,000
Price Change
▼ $270,000 1573880659
Status
ACTIVE
MLS#
PW19265094
Year Built
1988
Living Sq. Ft
23,744
Lot Size
69,696
Acres
1.6
Lot Location
26-30 Units/Acre
Days on Market
31
Property Type
Multifamily
Stories
One Level

Property Description

Welcome to the Circle City Villas, an excellent opportunity to own 28 individually leased condos in a gated 36-unity condo community. Built in 1988, this newer construction community is ideally located near Corona Circle, a hotspot for the Corona community which is scheduled to be transformed into one of the Inland Empire's premier outdoor malls with trendy shops, dining and restaurants all which is walking distance to the Corona Circle Villas. Tenants of the community enjoy gated parking and access, lush tropical landscaping, a sparkling swimming pool, individual water heaters and washer/dryer hookups. Priced at $235,000/unit, a new owner could capitalize on profits by selling off each unit individually with private 2-bedroom condo sales topping $300,000 in the area. The Corona Circle Villas is an exceptional opportunity to own in one of the most ideal rental locations in the city of Corona. *Seller Financing Available, *28 Individually-leased Condominiums in a 36-Unit Condo Complex, *All 2Bedroom/2 Bathroom Master Suite Units, Well-Maintained 1988 Construction, *Ideal Corona Rental Location Near Corona Circle & 91 and 15 Freeways, *Active HOA in Place Allowing a New Owner to Immediately Sell the Condominiums off Individually if Desired

Additional Information

Tract Number
21045
Lot Description
Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
Pool Description
Community
Heat
Central
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Total Number of Units
28

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Doug Rodermund from Morgan Skenderian

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.