Detached Duplex with Private
For Sale
$615,000
1106 S Belle, Corona, CA 92882
Two separate residences provide independent outdoor areas and flexible occupancy options.
Property Size2,200 SF
Lot Size0.18 Acres
Price / SF$279.55
Days on Market75
Property Features for 1106 S Belle
General Information
Standard status
Active
Size
2,200 SF
Lot size
0.18 Acres
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
1925
Buildings
2
Listing Agency:
Berkshire Hathaway HomeService
Listed By:
Jennifer Toyama · License #01927057
(714) 501-7132
Source:
Robertandchristy
Added: Aug 14
Changed: Oct 25
Last Checked: Oct 7 at 5:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeService
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Investment Insights
Based on property information with market context.
This duplex includes two detached residences on an approximately 7,841-square-foot lot. The front home offers 2 bedrooms and 1 bath, wood flooring, a living room with fireplace, recessed lighting, an updated bathroom, and a generously sized kitchen. The rear residence provides 1 bedroom and 1 bath, creating a distinct second living space. Each unit has its own private yard, while updated air-conditioning systems serve both homes.
Off-street parking includes a carport and additional spaces. The property is located near Downtown Corona, shopping, restaurants, schools, and parks, with access to the 91 Freeway. Separate living areas support owner occupancy in one residence with the other available for rental use, extended family, or guests.
Off-street parking includes a carport and additional spaces. The property is located near Downtown Corona, shopping, restaurants, schools, and parks, with access to the 91 Freeway. Separate living areas support owner occupancy in one residence with the other available for rental use, extended family, or guests.
Key Highlights
- Two detached residences on an approximately 7,841‑square‑foot lot
- Front unit includes 2 bedrooms and 1 bath; rear unit includes 1 bedroom and 1 bath
- Private yard provided for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,674
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,480
$733.5K
Cap Rate 7%
$523,914
$523.9K
Cap Rate 9%
$407,489
$407.5K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$55.4K $25.20/SF
− Vacancy
−$3.0K −$1.39/SF
EGI
$52.4K $23.81/SF
− OpEx
−$15.7K −$7.14/SF
NOI
$36.7K $16.67/SF
Area
Corona, CA
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,480
Cap Rate 7%
$523,914
Cap Rate 9%
$407,489
Alternative Uses
Best Use
Multifamily LT 5
$523.9K
$458.4K – $611.2K
NOI $36,674 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$471.9K
$413.0K – $550.6K
NOI $33,036 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$684.3K
$598.8K – $798.3K
NOI $47,900 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,488
Businesses Nearby
Explore this area
Business Placement
Demographics for 92882, CA
67,894
Population
20,757
Households
3.3
Avg Household Size
36
Median Age
29%
College-Educated
85%
High-School Grad
11.8 sq mi
ZIP Area
5,754
Density / Sq Mi
$100,668
Median Household Income
$46,092
Median Earnings
$2,093
Median Rent
$653,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences provide independent outdoor areas and flexible occupancy options.
Where is this duplex located?
The property is located at 1106 S Belle Corona, CA.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Two detached residences on an approximately 7,841‑square‑foot lot; Front unit includes 2 bedrooms and 1 bath; rear unit includes 1 bedroom and 1 bath; Private yard provided for each residence
