Financial
Distress signals
Property profile

1185 W Grand Blvd Corona, CA 92882

FOR SALE
Office buildings
Property ID
US09-1017240
5,055 SF 0.11 ac lot Built 1962
Last sale Dec 2021 · $970,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 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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1185 W Grand Blvd, Corona, CA 92882 For Sale
$960,000 5,055 SF
1185 W Grand Blvd, Corona, CA 92882
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Property summary

AI-generated overview

This mixed-use property at 1175 & 1185 W. Grand Blvd. in Corona is composed of a total building area of approximately 4,800 square feet on a lot of approximately 10,018 square feet arranged as a double lot with separate parcels. The first level contains two commercial units in warm shell condition. The second level includes two oversized residential units, each configured with 2 bedrooms and 2 full bathrooms and served by separate electrical meters. One residential unit has been remodeled. The property is situated near Main Street in downtown Corona.

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?
$11k
Tax billed · 2024
Assessed value$1.01M
Assessed land$125k
Assessed improvement$884k
Effective rate1.12%

Value estimate

· Sep 2026
$860k
$774k – $946k
AI approach$860k
CAP approach$1.28M
Sales comparison$670k
NOI build-up
Gross scheduled income$115k
Vacancy & credit loss−$12k
Operating expenses−$39k
NOI · 6.75% cap applied$65k

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

Recently sold

What actually traded nearby?
$303/SF
Submarket average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$173 – $384
Qualifying comparables10

Cap rate analysis

How does the asset earn?
6.75%
$65k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
C2
General categoryCOMMERCIAL
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.6
Carpet & Flooring Store10.0
Tailor Shop9.5

Location

1185 W Grand Blvd Corona, CA 92882
County assessor Recorded deeds · 6 transfers 10 qualifying comp sales Zoning catalog

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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
613 Grand, Corona, CA 92882-3261 $520,000 Feb 2026 4,500 SF
1450 6th, Corona, CA 92882-3060 $4,250,000 Aug 2025 5,100 SF
110 Lincoln, Corona, CA 92882-1853 $4,400,000 Apr 2025 6,150 SF
1492 6th, Corona, CA 92882-3059 $940,000 Jul 2023 3,314 SF
1245 6th, Corona, CA 92882-1870 $1,900,000 Apr 2022 8,640 SF
1705 6th, Corona, CA 92882-2955 $18,100,000 Jan 2022 7,152 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?”
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