Financial
Distress signals
Property profile

1141 California Ave Corona, CA 92881

FOR SALE
Manufacturing properties
Property ID
US09-3108151
48,844 SF 2.52 ac lot Built 1989
Last sale Mar 2024 · $15,956,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a freestanding industrial building totaling approximately 49,861 square feet on a 2.52-acre lot. It includes about 2,169 square feet of two-story office space. Warehouse features include a 24-foot clearance height, six exterior high dock positions, and four drive-in ground-level doors. The site provides 360-degree drive-around capability and includes an approximately 7,000 square foot paved, fenced yard. The property is located in Corona within the Inland Empire’s industrial corridor, with access to I-15 and SR-91.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$134k
Tax billed · 2024
Assessed value$12.04M
Assessed land$3.13M
Assessed improvement$8.90M
Effective rate1.12%

Value estimate

· Sep 2026
$15.96M
$14.36M – $17.55M
AI approach$15.96M
Sales comparison$16.69M
NOI build-up
Gross scheduled income$658k
Vacancy & credit loss−$51k
Operating expenses−$91k
NOI · 3.04% cap applied$516k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$254/SF
Submarket average, outlier-cleaned · 129 recorded sales of this use type
Observed band · Q1–Q3$194 – $342
Qualifying comparables10

Cap rate analysis

How does the asset earn?
3.04%
$516k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon17.5
Auto Parts Store16.6
Parking Facility14.7

Location

1141 California Ave Corona, CA 92881
County assessor Recorded deeds · 6 transfers 10 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1681 California, Corona, CA 92881-3375 $4,150,000 Jul 2024 80,298 SF
1160 Olympic, Corona, CA 92881-3390 $3,034,500 Jul 2024 81,572 SF
19930 Rosita, Corona, CA 92881 $14,000,000 Jan 2024 33,360 SF
1121 California, Corona, CA 92881-7233 $9,050,000 Oct 2023 38,613 SF
1161 California, Corona, CA 92881-7233 $5,500,000 Jun 2021 29,742 SF
1121 Olympic, Corona, CA 92881-3391 $821,000 Oct 2019 29,175 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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