21779 Temescal Canyon, Corona, CA 92883
Owner-occupied sports bar plus a fourplex with mostly month-to-month tenants and a transferable liquor license.
- Added:
- Jun 5, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 14 at 1:57 am
Property Features for 21779 Temescal Canyon
General Information
- Standard status
- Active
- Size
- 5,854 SF
- Lot size
- 1.12 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1945
Listing agent Robert Mendez License #01971883
Listing office Re/Max Time Realty (909) 373-0880
Listing date Jun 5, 2026
Source Xome
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 Re/Max Time Realty
HighLights
- Owner‑occupied sports bar and a fourplex on an I‑15 Freeway property in Corona, CA
- Four units are 1 bed / 1 bath, approx. 1,700 SF each; 1 unit vacant and 3/4 occupied month‑to‑month (MTM)
- California type 48 liquor license included and transferable upon ABC approval
- Sits on a 1.12‑acre lot with C‑P‑S zoning
- Freeway signage on I‑15 with over 200,000 cars per day
Overview
The site is located on a 1.12-acre lot with C-P-S zoning and benefits from freeway signage on I-15. The provided remarks state over 200,000 cars per day. The property is also described as being less than 1 mile from The Shops at Dos Lagos, along with nearby new homes and apartments.
For operators or investors seeking a mixed-use income stream, the structure provides potential for restaurant or bar concepts while also deriving residential rental income from the fourplex. The presence of a vacant unit and mostly month-to-month occupancy can simplify near-term leasing flexibility, subject to buyer verification and standard requirements. Buyer to verify all information to their satisfaction, including liquor license transfer steps through ABC approval.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $140.5k | $24.00 |
| − Vacancy | −$9.8k | −$1.68 |
| EGI | $130.7k | $22.32 |
| − OpEx | −$32.7k | −$5.58 |
| NOI | $98.0k | $16.74 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- All Star Drafts Sports Bar & Grill — 2785 Cabot Dr #110, Temescal Valley, CA 92883
- Reunion Kitchen + Drink — 2765 Lakeshore Dr, Corona, CA 92883
- Rockefellas Bar — 21700 Temescal Canyon Rd, Corona, CA 92883
- TGI Fridays — 2795 Cabot Dr, Corona, CA 92883
- Romano's Macaroni Grill — 3591 Grand Oaks, Corona, CA 92881
Location Insight
- Map
- Local Demand
- City
- Corona
- County
- Riverside
- State
- California
- Longitude
- -117.5047913
- Latitude
- 33.8039803
