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    1240 E St Corona, CA 92882

    For Sale
    $1,295,000

    Triplex - Corona, CA

    Type:Triplex
    Property size:
    3,000 SF
    Lot size:
    6,970.00 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 6 at 5:06 am

    Property Features for 1240 E St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    12
    Bathrooms
    6
    APN
    118124008
    Parking features
    Assigned, Driveway
    Exterior features
    Community Features Included: Sidewalks, 0-1 Unit/Acre
    Size
    3,000 SF
    Lot size
    6,970.00 Acres

    Utilities

    Heating system
    Wall Furnace

    Building Details

    Year built
    2006
    Floors in Building
    1
    Number of units
    3
    Architectural style
    Other

    Century 21 Allstars (562) 205-3504 [email protected]

    Listing agent Karen Castillo (562) 863-2121 License #02039552

    Listing date Nov 23, 2025

    MLS# DW25263979 Listing URL

    Copyright © 2025 California 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.

    Overview

    Remodeled Triplex in Corona, CA

    This fully remodeled 3-unit property presents an investment opportunity in Corona. The property is tenant-occupied, providing immediate income. The unit mix includes a 5-bedroom/2-bathroom unit, a 4-bedroom/2-bathroom unit, and a 3-bedroom/2-bathroom unit. Each unit has been recently upgraded with modern finishes and layouts. Tenants are currently month-to-month, providing flexibility for future rental adjustments while maintaining steady income. The property is suited for investors seeking a turnkey, cash-flowing multi-family asset in a high-demand rental area. The lot size is approximately 0.16 acres. The property size is 3000 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corona
    County
    Riverside
    State
    California
    Longitude
    -117.5872426
    Latitude
    33.8793996

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    FAQs

    What type of property is this?
    Triplex - Fully remodeled triplex with strong cash flow potential in Corona.
    Where is this triplex located?
    The property is located at 1240 E St Corona, CA.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: - Strong cash flow potential with stable, on-time paying tenants; - Delivered tenant-occupied, providing immediate income; - Fully remodeled units with modern finishes and desirable layouts
    (562) 863-2121
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    1240 E St Corona, CA 92882
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    Corona, CA 92882
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1240 E St Corona, CA 92882
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