$670,000
●
House -
Off Market
649 W Monterey Road
Corona, CA 92882
4 Beds
2 Baths
1,707 Ft²
$3,192
Est. Monthly
About This Property
***CASH OFFER ONLY *** Seller is selling as is - no warranties will
be provided. No repairs will be done. Buyer to investigate. This
property offers 4 bedrooms, 2 bathrooms, and a finished area of
1,707 sqft. Situated on a generous lot size of 8,712 sqft, this
home provides ample outdoor space for entertaining and relaxation.
This property is being sold as-is and will require some TLC to
bring it to its full potential. The single-story layout includes an
attached garage. The exterior is stucco and the roof is made of
shake/shingle. Outside, the backyard features a pool, perfect for
enjoying the warm California weather.
As a great investment opportunity, this home allows you to add value and personalize it to your liking. Located in a desirable neighborhood in Corona, this home is within the Corona-Norco Unified School District and offers easy access to schools, shopping, and freeways.
As a great investment opportunity, this home allows you to add value and personalize it to your liking. Located in a desirable neighborhood in Corona, this home is within the Corona-Norco Unified School District and offers easy access to schools, shopping, and freeways.
Unit Size
1,707 Ft²
Days on Market
50 days
Land Size
0.20 acres
Price per sqft
$381
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962
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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 #OC25181129)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2025 | Sold | ||
| Sold | |||
| Sep 4, 2025 | In contract | - | |
| In contract | |||
| Aug 12, 2025 | Listed by Real Broker | $649,900 | |
| Listed by Real Broker | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Central Corona
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Listed by: Justin Tye, Real Broker
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25181129
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25181129
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