1535 E Ontario Ave

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1535 E Ontario Ave

Corona, CA 92881
Asking Price
$3.75M
Asset Type
Office
Class
Class B

What's Special

1535 E Ontario Ave is situated in the South Corona business corridor, characterized by a mix of professional offices and retail centers. The property is located near the intersection of Ontario Avenue and Main Street, providing immediate proximity to the Ontario Avenue freeway interchange. This location offers direct access to the Interstate 15 and State Route 91 transit corridors. Nearby amenities include the Corona Hills Plaza and various dining, banking, and medical services within a two-mile radius. The building is suited for professional services, including legal, insurance, and administrative firms seeking a central Inland Empire location. Its layout and accessibility also support outpatient healthcare services and specialized medical clinics. Typical tenants include local small-to-midsize businesses and satellite corporate offices requiring convenient commutes for staff residing in the surrounding residential neighborhoods.

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NOI
$80,000
Cap Rate
2.13%
DSCR
0.36
Underwater
Cash-on-Cash
-12.68%
Monthly Payment
$18,552.954
Annual Cash Flow
$-142,635.447

Location & Travel Times