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1050 W Olive Street
About This Property
The front residence offers approximately 1,309 square feet with 3 bedrooms, 2 bathrooms, and a private 2-car garage. The ADU is 2026 Newly Built Construction featuring approximately 1,170 square feet, 3 bedrooms, 2 bathrooms, and a private 2-car garage. Thoughtfully designed for modern living, the ADU showcases an open-concept floor plan, brand-new stainless-steel appliances, contemporary finishes, abundant natural light, and a beautiful private yard.
The spacious lot provides valuable outdoor space and privacy between the two residences, creating the feel and functionality of owning two homes on one property. Whether accommodating multiple generations, providing a private space for family and guests, or creating an attractive investment opportunity, this property offers flexibility rarely found in Corona.
Conveniently located near shopping, dining, schools, parks, the 91 Freeway, and major commuter routes, this is a truly unique opportunity combining new construction, two independent homes, multiple garages, and a spacious lot in a desirable Corona location.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2026 | Listed by ASPIRE HOMES | $1,098,000 | |
| Listed by ASPIRE HOMES | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017