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1240 E St
For Sale $1,295,000
$1,295,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 6,970 Sq Ft
Description
Exceptional investment opportunity in the heart of Corona! This fully remodeled 3-unit property offers strong cash flow potential with stable, on-time paying tenants already in place. All units will be delivered tenant-occupied, providing immediate income for the next owner.
Unit mix includes:
• 5 bedrooms / 2 bathrooms
• 4 bedrooms / 2 bathrooms
• 3 bedrooms / 2 bathrooms
Each unit has been recently upgraded, offering modern finishes and desirable layouts—ideal for long-term tenant retention and market-ready rent potential. Tenants are currently month-to-month, giving investors flexibility for future rental adjustments while maintaining steady income from day one.
With its size, location, and updated interiors, this property is perfect for investors seeking a turnkey, cash-flowing multi-family asset in a high-demand rental area.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,295,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 2006 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 118124008 |
| MLS # | DW25263979 |
| Property ID | 294481226 |
| Lot Sqft | 6,970 |
| Zoning | Unknown |
| Total Units | 3 |
| Days on Market | 37 |
| Original List Price | $1,295,000 |
| Date Updated | November 24, 2025 |
| Date Created | November 19, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 4 | 2.00 | $2,500 | $2,500 |
| Unit #2 | 5 | 2.00 | $3,500 | $3,500 |
| Unit #3 | 3 | 2.00 | $2,200 | $2,200 |
| Net Income (Yr) | $ 98,600 |
Listing Provided By
Karen Castillo an agent of . Lic #02039552
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 24, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT