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10 bd4 baTownhouse![1. 570 Penrose Drive](https://img-v2.gtsstatic.net/reno/imagereader.aspx?url=http%3A%2F%2Flh.rdcpix.com%2Fa921369bbe9141b1aa1919674b94ae25l-f291624994r.jpg&w=3840&q=75&option=N&permitphotoenlargement=false&fallbackimageurl=https%3A%2F%2Fwww.cityhomes.com%2Fassets%2Fimages%2Fcommon%2Fnophoto%2Flisting.jpg)
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![3. 570 Penrose Drive](https://img-v2.gtsstatic.net/reno/imagereader.aspx?url=http%3A%2F%2Flh.rdcpix.com%2Fa921369bbe9141b1aa1919674b94ae25l-f661578493r.jpg&w=3840&q=75&option=N&permitphotoenlargement=false&fallbackimageurl=https%3A%2F%2Fwww.cityhomes.com%2Fassets%2Fimages%2Fcommon%2Fnophoto%2Flisting.jpg)
![4. 570 Penrose Drive](https://img-v2.gtsstatic.net/reno/imagereader.aspx?url=http%3A%2F%2Flh.rdcpix.com%2Fa921369bbe9141b1aa1919674b94ae25l-f2755816225r.jpg&w=3840&q=75&option=N&permitphotoenlargement=false&fallbackimageurl=https%3A%2F%2Fwww.cityhomes.com%2Fassets%2Fimages%2Fcommon%2Fnophoto%2Flisting.jpg)
![5. 570 Penrose Drive](https://img-v2.gtsstatic.net/reno/imagereader.aspx?url=http%3A%2F%2Flh.rdcpix.com%2Fa921369bbe9141b1aa1919674b94ae25l-f3027193393r.jpg&w=3840&q=75&option=N&permitphotoenlargement=false&fallbackimageurl=https%3A%2F%2Fwww.cityhomes.com%2Fassets%2Fimages%2Fcommon%2Fnophoto%2Flisting.jpg)
Tools
Size
10
Bedrooms
4
Full Baths
4
Partial Baths
4,700 Sq Ft.
interior
0.19 Acres
Exterior
Financial
$1,525,000
Change Currency
$324
Price Per Sqft
Listing Details
Townhouse
Property type
1964
Year Built
12156010
Web Id
PW24129998
MLS ID
15
Days Posted
Description
570 Penrose Drive,
Corona,
CA
92878
Corona, CA 92878
We are delighted to present this improved 4-unit fourplex a rare blend of 3-bedroom and 2-bedroom townhouse units. This is an income producer. The larger units bring more income and long-term stable tenants. The well-maintained and gated complex includes additional income opportunities through rented garage space. Located near downtown Corona, this community benefits from surrounding growth and city enhancements. The community is comprised of four townhome units with communal spaces downstairs and bedrooms upstairs. The end units offer a third bedroom, contributing significantly to the income. The current owners have made extensive improvements, such as installing centralized HVAC, block-walled patios, and a private central courtyard. Each unit comes with over two years of years of prepaid insurance through Choice Home Warranty, covering most repair services for both owners and tenants. Additional amenities include ceiling fans, private patios, and entries opening to an attractive central greenbelt. The units are individually metered for electricity and gas, with the owner covering water and trash expenses. The property also generates extra income through garage rentals that are sold with the units. For potential investors, this property provides an opportunity to acquire a substantial income-producing asset in one of Riverside County's most desirable cities. The actual rental income is far higher than comparable units with additional room for upside. Drive by only, do not disturb the tenants. Call Dan at 714-420-6772 to discuss the investment.
This is an Active listing.
Broker Office Phone Number: 714-420-6772
Copyright © 2024California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 714-420-6772
Copyright © 2024California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Fenced
- Garbage Disposal
- Tile Flooring
- Vinyl Flooring
Price History
date | price | variance | type |
---|---|---|---|
6/26/2024 | $1,525,000 | - | Listed |
Listing By: Dan Adelseck Realty via Data Source: California Regional Multiple Listing Service, Inc
listing agent: Daniel Adelseck