Retail Cash Flowing

TWO SFR on 1 lot zoned duplex cap rate 5.85%

711 S Vicentia Ave, Corona, CA 92882

$711,000 After Repair Value -
$711,000 Asking Price -
$0 Cost of Repairs =
$0 Potential Profit

Property Details

Asking Price $711,000

After Repair Value $711,000

Costs of Repairs $0

Potential Profit $0

Living Area 2176 ft2

Property Type Duplex

Bedrooms 5

Bathrooms 3

Half Bathrooms N/A

Parking 3

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $49,200

Yearly Expenses $1,400

Property Taxes $5,000

Net Operating Income $41,600

Cap Rate 5.85

Property Description

TWO SFR on one lot zoned duplex. Corona CA is the \'HUB\' of So Cal. Centrally located between LAX, Ontario & John Wayne airports. Corona has it\'s own airport and Fishing Lakes! These 2 SFR are 1. 711 S. Vicentia Ave, 3BR 2.5BA w/2 car detached garage est. 1276SF. and 2. 728 W. 7th St. 2BR 1BA w/1 car attached garage est. 850SF. Vicentia remodeled 2017 upgraded ans updated new PEX repipe, New IKEA kitchen & master bath w/Travertine. Hardwood laminated floors, dual glazed vinyl windows, stainless steel appliances, fridge/freezer, washer/dryer included, ceiling fans, mirrored wardrobe doors and more. 5.85% cap rate!

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Jeffrey Hill

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