1010 La Terraza

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1010 La Terraza

Corona, CA 92879
Asking Price
$353K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located in the city of Corona, California
  • Multifamily apartment building available for purchase
  • Total asset configuration consists of one unit
  • Asking price for the property is 352500 dollars
  • Positioned within the established Riverside County market

What's Special

Corona functions as a significant residential and industrial hub within Riverside County, providing strategic access to the broader Inland Empire region via major transit arteries. This multifamily apartment building, situated at 1010 La Terraza, represents an entry-level investment within a growing suburban market. The property consists of a single unit, offering a straightforward addition to an existing portfolio or a managed rental asset for a private investor. The surrounding area features a mix of residential density and local commerce, which supports sustained demand for housing options in this part of Southern California. Investors looking for a focused asset acquisition in the Corona submarket will find this property positioned to serve the needs of local residents. The layout and scale of this apartment building suit a focused management strategy, allowing for stable operations within the regional rental economy.

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NOI
$80,000
Cap Rate
22.70%
DSCR
3.82
Strong
Cash-on-Cash
55.86%
Monthly Payment
$1,743.978
Annual Cash Flow
$59,072.268

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