Save
Ask
Tour
Hide
Share
$1,625,000
8 Days On Site

929 933 W 7th Street
Corona, CA 92882

For Sale|Apartment|Active Under Contract
0
Beds
0
Total Baths
5,029
SqFt
$323
/SqFt
1953
Built
Subdivision:
Other
County:
Riverside
Listed by Christian Tait of Marcus & Millichap RE Invest [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: (678) 675-6575
Is this the listing for you? We can help make it yours.
(678) 675-6575
929 933 W 7th Street929 933 W 7th Street929 933 W 7th Street929 933 W 7th Street
Save
Ask
Tour
Hide
Share

929 & 933 West 7th Street is a 7-unit multifamily investment opportunity located in the heart of Downtown Corona. Situated on two adjacent parcels, the property features 100% single-story construction and a highly desirable workforce unit mix consisting of (1) studio, (1) 1-bed / 1-bath, and (5) 2-bed / 1-bath units. Residents benefit from a strong amenity package including private patios (select units), on-site laundry, surface, carport, and garage parking, and individual water heaters for each unit, enhancing both resident quality of life and ease of property operations. The property is ideally positioned within walking distance of Corona City Hall and the OBC Theater, placing residents near downtown amenities, civic services, and entertainment options. The surrounding neighborhood is further supported by two nearby retail centers anchored by Superior Grocers and Cardenas Markets, located approximately 0.25 miles from the property, providing convenient access to daily necessities. Additionally, Jefferson Elementary School and Corona High School are located less than 0.5 miles away, supporting consistent long-term renter demand. The asset also benefits from easy access to State Route 91 and Interstate 15, offering direct connectivity to major employment centers throughout the Inland Empire, Orange County, and greater Southern California. Offered at a compelling 6.01% CAP rate on current rents, this is a rare opportunity to acquire a well-located multifamily asset with strong long-term fundamentals in a convenient, commuter-friendly Corona location.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$1,625,000
Days On Site 
8 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,029 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.32 Acres
Year Built 
1953
MLS® Number 
OC26018477
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayStatus changed to Active Under Contract
yesterdayListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.32
Carport 
1
Garage 
Yes
Garage Spaces 
1
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking Spaces 
12
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5029
Water Source 
Public
Interior Features
Heating 
Central
Laundry Features 
Common Area
Save
Ask
Tour
Hide
Share
Exterior Features
Pool Features 
None
Community Features
Building Access 
First level
Community Features 
CurbsStreet LightsSidewalks
Financing Terms Available 
CashConventional1031 Exchange
MLS Area 
248 - Corona


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share