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    13490 Magnolia St Corona, CA 92879

    For Sale
    $150,000

    Event location business with two ballrooms and kitchens for sale.

    Lot size:
    0.52 Acres

    Property Features for 13490 Magnolia St

    General Information

    Lot size
    0.52 Acres

    Building Details

    Year built
    1955

    Source: New Century Realtors Agent Adela Olivares

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

    Overview

    Event Location Business For Sale

    This is an event location business for weddings, quinceaneras, birthday parties, corporate events, graduations, anniversaries and the like. This full service event center is located in a church building with 2 ballrooms and 2 kitchens. In addition to the event business, the business earns extra revenue through the leasing out of the ballrooms to church and music groups. The business has tons of opportunity for growth. The seller currently owns both the building and the business. The building is also offered for sale along with the business for an additional price. The seller is accepting offers for the building and business individually or together.
    Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Corona
    County
    Riverside
    State
    California
    Longitude
    -117.4594418
    Latitude
    33.7532126

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    FAQs

    What type of property is this?
    Wedding venue - Event location business with two ballrooms and kitchens for sale.
    Where is this wedding venue located?
    The property is located at 13490 Magnolia St Corona, CA.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Established event location business with existing revenue stream.; - Two ballrooms and two kitchens provide ample event space.; - Opportunity to acquire both the business and the building.
    (714) 619-8811
    Request Owner's contact information
    13490 Magnolia St Corona, CA 92879
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    Corona, CA 92879
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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
    13490 Magnolia St Corona, CA 92879
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