$290,000
●
House -
Off Market
1031 Ford Street
Corona, CA 92879
3 Beds
2 Baths
1,536 Ft²
$556,484
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model
About This Property
Corona home, this is a great opportunity for a first time home
buyer or a person that would like to invest in a home here in
Corona. The home has been owned by the same owners for years. This
would make a great rental for those that are interested in an
investment property to buy and hold or repair and sell. The home
features three bedrooms and two bathrooms. The back master bedroom,
bathroom and family room were added on in the mid 1970's and is
reflected in the tax role. A laundry room was added to the back of
the garage as well. The home has copper plumbing and a HUGE back
yard with several fruit trees. There is a section of the yard
fenced off for a garden or a large dog kennel. The home is located
in the Corona Unified School District and the High School that your
kids will attend is Centennial High for those looking for a great
sports program. The home need much TLC...
Unit Size
1,536 Ft²
Days on Market
31 days
Land Size
0.18 acres
Price per sqft
$215
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #IG16714770)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 17, 2025 | Sold | ||
| Sold | |||
| Nov 15, 2025 | In contract | - | |
| In contract | |||
| Oct 20, 2025 | Listed by King Realty Group Inc | $649,000 | |
| Listed by King Realty Group Inc | |||
| | |||
|
Nice Home in Corona with Three Bedrooms, Two Bathrooms and 1536 Square Feet of Living Space. This Home Features an Upgraded Kitchen with Granite Counter Tops, Newer Cabinets, Stainless Steel Appliances Including a Gas Range, Microwave and Dishwasher. The Kitchen Also has a Dining Space, Recessed Lighting and Pendant Lights. Tile Flooring in the Living Room & Kitchen and Carpeting throughout the Remainder of the Home. Central A/C and Forced Air Heating & Dual Paned Windows. Split Floorplan Perfect for Multi-Generational Living with Two Bedrooms and One Bathroom and Then an Additional Bedroom and Bathroom with the Living Area In Between. There is Also a Large Family Room with a Ceiling Fan and a Dual Paned Slider Door to the Rear Yard. One Car Garage with Aluminum Roll Up Door and a Utility Room with Laundry Hookups and Built in Cabinets for Storage. Upgraded Front Door with Glass Accents and a Large Front Porch Area. Situated on a Large Lot with a Brick Paver Patio in Rear Yard, a Fenced Dog Run Area and 3 Fruit Trees. (Lime, Lemon and Pomegranate). Newer Composition Roof and Water Heater.
| |||
| May 19, 2025 | Price Decreased |
$668,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $673,000 | |
| Relisted | |||
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Property Highlights
Garage
Fireplace
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
Beds
Baths
ft²
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HOA + Taxes
About Central Corona
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Listed by: Jesse Ramirez, EGA Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG16714770
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG16714770
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