$500,000
●
Land -
Off Market
19675 Temescal Canyon Road
Corona, CA 92881
Studio
0 Bath
$782,268
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model
About This Property
1.45 ACRES VALUE IN THE LAND Commercial Zoned Property
FRONTAGE MEASURES 305 FEET Typical Uses Include:
General business uses. Certain uses permitted with approved
Conditional Use Permit. All other uses require Plot Plan approval.
Off-site advertising permitted at 500-ft. intervals. On-site
operators residence allowed with plot plan approval. minimum Lot
Requirements: Minimum Setbacks: No setbacks required for permitted
commercial uses under 35 feet in height.
EXISTING RESIDENTIAL HOUSE IS DILAPIDATED. 4 LOTS
EXISTING RESIDENTIAL HOUSE IS DILAPIDATED. 4 LOTS
Unit Size
-
Days on Market
177 days
Land Size
1.45 acres
Price per sqft
-
Property Type
Land
Property Taxes
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HOA Dues
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Year Built
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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: 2 years ago (CRMLS #IG17195361)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2020 | No longer available | - | |
| No longer available | |||
| Feb 18, 2020 | Listed | $1,000,000 | |
| Listed | |||
| | |||
|
This is a GREAT !!!! Opportunity in the heart of Corona!! This property is zoned C1/CP retail, office , church, restaurant, services ,etc. The lot is a bit over 1 acre it does have several buildings on it that can be used as housing or business. High Traffic area. This property is also available for a business lease.They are widening the road there for easier access and to handle the traffic.
| |||
| Mar 29, 2019 | No longer available | - | |
| No longer available | |||
| Feb 28, 2019 | Relisted | $1,299,000 | |
| Relisted | |||
| Nov 9, 2018 | No longer available | - | |
| No longer available | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About El Cerrito
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Listed by: Scott Chappell, Liberty Real Estate Services
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG17195361
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG17195361
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