Financial
Distress signals
Property profile

355 E Rincon St Corona, CA 92879

FOR LEASE
Office buildings
Property ID
US09-2180191
54,497 SF 2.82 ac lot Built 2003
Last sale Nov 2019 · $11,797,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A three-story professional office building with approximately 58,000 square feet of total building area. The property has a parking ratio of 4 spaces per 1,000 square feet and is accessed via the Main Street off-ramp, providing convenient connectivity to the freeway and toll lanes. The building is located near retail and dining amenities. Internally, suites 306, 307, and 308 are configured to be combined into a contiguous space totaling 5,694 rentable square feet.

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?
$141k
Tax billed · 2024
Assessed value$12.65M
Assessed land$1.98M
Assessed improvement$10.67M
Effective rate1.12%

Value estimate

· Sep 2026
$8.70M
$7.83M – $9.56M
Sales comparison$5.38M
NOI build-up
Gross scheduled income$79k
Vacancy & credit loss−$17k
Operating expenses−$15k
NOI · 1,891,102.04% cap applied$46k

Realmo valuation models over county records and 3 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 comparables3

Cap rate analysis

How does the asset earn?
1,891,102.04%
$46k 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?
BP
General categoryCOMMERCIAL
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center10.2
Parking Facility9.8
Watch Repair Shop8.8

Location

355 E Rincon St Corona, CA 92879
County assessor Recorded deeds · 2 transfers 3 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
127 Radio, Corona, CA 92879-1724 $2,675,000 Dec 2025 6,936 SF
510 Princeland, Corona, CA 92879-1383 $3,350,000 Nov 2024 5,255 SF
232 Grand, Corona, CA 92879-1578 $1,800,000 Aug 2024 7,348 SF
549 Queensland, Corona, CA 92879-1397 $1,700,000 Mar 2023 5,125 SF
400 Ramona, Corona, CA 92879-1440 $897,909 Mar 2021 32,100 SF
1095 Montecito, Corona, CA 92879-1760 $1,425,000 Jan 2020 5,859 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
Try Rey
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
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