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Property profile & analytics
OFF-MARKET
Estimated value
$2,115,000
Retail space
1034 6th St Corona, CA 92882-3548
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-4402800
Property summary
AI-generated overview
This exceptional 6,283 square foot retail center is situated on a 0.44-acre lot at 1034 6th Street in Corona, California. Boasting a highly desirable location on one of Corona's busiest streets, with convenient proximity to the 91 freeway, this property offers unparalleled visibility and accessibility. A prominent monument sign ensures excellent brand exposure for tenants. Currently 100% occupied with a diverse mix of well-established tenants, this center provides a stable and consistent income stream. Recent capital improvements, including a new roof and ADA-compliant railings, demonstrate the owner's commitment to maintaining the property's high standards and tenant satisfaction. The strong tenant base, coupled with the high demand location, presents a significant opportunity for future rent increases. This is a rare opportunity to acquire a well-maintained, fully occupied retail center in a prime Corona location. The asking price is $2,900,000. Cash or 1031 exchange buyers are welcome.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Construction
TILT-UP CONCRETE
Total area
5,481 SF
Lot
0.44 ac (19,166 SF)
Zoning code
C3
APN
110-081-025
UPID
US09-4402800
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Boba Star Cafe & Coffee Shop
-
Avo Barbershop Barber Shop
-
Arissa Spa Alternative Medicine Practice Spa & Massage Center
-
Lavender Ray Lashes Hair Salon
-
Steadfast Beauty Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.12M
Owner & transaction history
1034 W 6th St LLC
1034 W 6th St LLC
since 2025
Last sale
$2.3M
6 recorded transactions
Zoning & alternative use
C3 · Corona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.4M
+22.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Corona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corona submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,900,000
ML approach
$1,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,785,000
Current use
RESTAURANT
$3,405,000
Change: +22% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,365,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$2.12M
Range $1.90M – $2.33M · ±10% · vs last sale $2.30M (Dec 29 2025)
Last sale anchor
$2.30M
Dec 29 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$386 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$21,053
Tax year 2024
Assessed value
$1,880,000
Assessed 2024
Previous assessed
$1,880,000
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$610,000
Assessed improvement
$1,270,000
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
5,481 SF
Lot
0.44 ac (19,166 SF)
Zoning code
C3
APN
110-081-025
UPID
US09-4402800
Jurisdiction
RIVERSIDE
Zoning & alternative use
C3 · Corona, CA
Zoning C3 · permitted uses
C3 · Corona, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Corona. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.8M
RESTAURANT
Est. value
$3.4M
AUTO REPAIR, GARAGE
Est. value
$2.4M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.44 ac
Current owner
From public records · entity-resolved
1034 W 6th St LLC
Entity
Mailing address
7261 BRANDON CT, RIVERSIDE, CA 92506-7521
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2025
$2,300,000
1034 W 6th St LLC
Petros Kyababchian
Grant Deed
$1,600,000 · Petros Kyabachian
Dec 8, 2023
$1,800,000
Petros Kyababchian
Kim Hang Itc INC
Grant Deed
—
Dec 8, 2023
—
Petros Kyababchian
Marianna Kyababchyan
Intrafamily Transfer
related
—
Sep 24, 2021
$1,780,000
Kim Hang Itc INC
Oc Sunset Shore LP
Grant Deed
—
May 8, 2014
$1,495,000
Oc Sunset Shore LLC
H & V Investments INC
Grant Deed
$700,000 · Bank Of The West
Jul 14, 2006
$1,335,000
H & V Investments INC
A & T Investments
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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