Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1980 Las Colinas Cir, Unit 208 Corona, CA 92879

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Updated 2-bedroom, 2-bath condo with modern amenities and convenient location.

    Property Features for 1980 Las Colinas Cir

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Bride
    Source: Kw

    Listing Agent: Bride

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Updated Condo in Corona Hills

    This updated condominium, located in Corona Hills, features two bedrooms and two bathrooms within 1,063 square feet. It is the largest two-bedroom floor plan available in the community. The open-concept layout includes luxury vinyl plank flooring, upgraded baseboards, crown molding, and granite counters in the kitchen. The bathrooms have been refreshed. Each bedroom has a private balcony. A private garage and an in-unit washer and dryer are included, and ample guest parking is available within the gated community. Residents have access to HOA amenities, including a fitness center, recreation facility/club house, a pool, and two spa areas. The HOA covers water, trash, and natural gas. The property is located near shopping centers, dining options, a city park, the Corona Metro train station, and two major freeways.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center 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
    -117.531925
    Latitude
    33.9005882

    Nearby Similar for Sale

    • New
      $1,200,000
      2,300 SF

      Standalone Retail Building For Sale

      Commercial building with drive-thru service bays and expansion potential.
      620 N Main St, Corona, CA 92878
      View Details
    • $285,000
      2,000 SF

      Profitable Restaurant Business Opportunity

      Established Japanese restaurant with immediate cash flow in Corona, CA.
      2347 California Ave, Corona, CA 92881
      View Details
    • $875,000
      2,926 SF

      Mixed-Use Property in Corona, CA

      Commercial building and residential unit near freeways in Corona.
      501 S Victoria Ave, Corona, CA 92879
      View Details
    • $1,500,000
      3,916 SF

      Corona Mixed-Use Commercial Building

      Mixed-use property with retail, office, and residential units.
      820 W 6Th St, Corona, CA 92882
      View Details
    • $139,999
      2,200 SF

      Turnkey Restaurant Opportunity in Corona

      Fully equipped restaurant with beer and wine license for sale.
      2363 California Ave, Corona, CA 92881
      View Details
    • $250,000
      1,890 SF

      Established Restaurant Business Opportunity

      Profitable, fully-equipped taco restaurant business for sale in Corona, CA.
      3935 Bedford Canyon Rd, Corona, CA 92883
      View Details
    • $298,988

      Established Salon Business Opportunity

      Profitable salon business for sale in Corona, California.
      Mckinley St, Corona, CA 92879
      View Details
    • $1,175,000
      4,800 SF

      Corona Mixed-Use Property For Sale

      Four-unit mixed-use property in the heart of Corona, California.
      1185 W Grand Blvd, Corona, CA 92882
      View Details
    • $1,189,000
      13,068.00 Acres

      Victorian Multifamily Property in Corona

      Unique six-unit Victorian multifamily property in Corona, California.
      1153 E Grand Blvd, Corona, CA 92879
      View Details
    • $550,000
      988 SF

      Corona Single Family Investment Property

      Charming single-family residence in Corona with tenant in place.
      1329 Pleasant View Ave, Corona, CA 92882
      View Details
    • $3,000,000

      Freestanding Retail Strip Center

      Retail strip center with value-add opportunity in high-traffic location.
      1252 W 6Th St, Corona, CA 92882
      View Details
    • $1,900,000
      1,330 SF

      Prime Corner Commercial Building

      High-visibility commercial building in a revitalizing downtown area.
      1066 W 6Th St, Corona, CA 92882
      View Details

    FAQs

    What type of property is this?
    Apartment building - Updated 2-bedroom, 2-bath condo with modern amenities and convenient location.
    Where is this apartment building located?
    The property is located at 1980 Las Colinas Cir, Unit 208 Corona, CA.
    What are key features of this property?
    This property features: - Largest 2-bedroom floor plan (1,063 sq ft) in the community.; - Premium HOA amenities: fitness center, clubhouse, pool, and 2 spas.; - Convenient location: near shopping, dining, city park, train station, and freeways.
    (909) 235-8175
    Request Owner's contact information
    1980 Las Colinas Cir, Unit 208 Corona, CA 92879
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1980 Las Colinas Cir, Unit 208
    Corona, CA 92879
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1980 Las Colinas Cir, Unit 208 Corona, CA 92879
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Bride
    (909) 235-8175
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!