Property profile

2363 California Ave Corona, CA 92881

OFF-MARKET
Strip malls
Property ID
US09-0963670
15,508 SF 1 ac lot Built 2006
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property is a 2,200-square-foot restaurant space located in a high-traffic shopping center in Corona, California. It is configured for food service with a layout suitable for continued Mexican cuisine or potential conversion to another restaurant concept, and includes a bar area. Interior features include central air conditioning and heating, seating for approximately 100–140 guests, a walk-in cooler plus an additional cooler, grease pans, a dedicated prep area, and specified kitchen equipment such as a soda machine and a fridge. Operational support includes a camera system and two Clover POS systems, along with included TVs, furniture, fixtures, and appliances. The listing also references a beer and wine license. The asset is described as a business-only sale with no real estate.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Construction WOOD
Total area 15,508 SF
Lot 1 ac (43,560 SF)
APN 120-510-013
UPID US09-0963670

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Training Center Sports School
  • Vocational School Training Center
  • Financial Advisor
  • Financial Advisor
  • General Contractor

Location

2363 California Ave Corona, CA 92881-6647
Corona metro Census 41810 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.90M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.90M

Owner & transaction history

since 2024
Last sale
$6.9M
7 recorded transactions
2024
$6.9M
2020
Price N/A
2020
Price N/A
2019
$5.4M
2013
Price N/A
2008
Price N/A
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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