Corona, CA 92881 18590 Ambrosio Circle
$1,400,000
57 more
Presented By: Jon Beck with Authentic Partners; 949-330-3539
Beds • 10
Baths • 7
SQFT • 4,864
Home Details
SUBJECT TO CURRENT ESCROW CANCELLATION. $100,000 PRICE REDUCTION! Now offered at $100,000 BELOW the current appraised value! This exceptional investment property, nestled in the picturesque landscapes of Corona, features a newly built duplex set on a sprawling acre of land. Comprising two buildings with a total of 4 income-producing units, this property boasts a remarkable cash flow potential. The duplex seamlessly combines modern luxury with the beauty of nature, providing residents with a harmonious living experience. Each unit has its own private entrance, ensuring exclusivity and privacy. Thoughtfully designed interiors feature high ceilings, large windows, and an open floor plan that enhances the infusion of natural light. Luxurious touches abound, including hardwood floors, granite countertops, and stainless steel appliances in the gourmet kitchens. Residents can enjoy the vast acre of surrounding land for various activities, from recreation to gardening or simply basking in the peace and tranquility of the outdoors. Modern amenities include energy-efficient appliances, smart home features, and a dedicated parking area for each unit, enhancing the overall convenience and appeal of the property. Don't miss the opportunity to explore the potential of this investment! Hurry, this won't last!
Presented By: Jon Beck with Authentic Partners; 949-330-3539
Interior Features for 18590 Ambrosio Circle
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringConcrete
Heating Y/NYes
Laundry FeaturesCommonArea
Street SuffixCircle
Total Stories1
Other Rooms
Entry Level1
General for 18590 Ambrosio Circle
AccessibilitySafeEmergencyEgressfromHome
Additional Parcels Y/NNo
AppliancesPropaneOven, PropaneRange
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces2.0
Carport Y/NYes
CityCorona
Community FeaturesFoothills, Mountainous, Ravine
ContingencyNow accepting back up offers.
CoolingCentralAir
CountyRiverside
Days on Market67
DirectionsCross Streets: Smerber Rd and Ambrosio Cir
Entry LocationFront Doors
Fuel Expense800.0
Garage Spaces0.0
Garage Y/NNo
Gross Income117600.0
HOA0.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense2500.0
Interior FeaturesAllBedroomsDown
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashtoNewLoan, Conventional, FHA
Lot Size Square Feet45738.0
MLS Area248 - Corona
MobileHomeRemainsYNNo
Net Operating Income62600.0
New ConstructionNo
Number of Units Leased4
Open Parking Spaces12.0
Operating Expense55000.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NYes
Property ConditionUpdatedRemodeled, Turnkey
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofMetal
Senior Community Y/NNo
SewerSepticTank
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories1
Street NameAmbrosio
Subdivision NameN/A
Tax Lot4
Tenant PaysElectricity, TrashCollection
Total Actual Rent9800.0
Total Units4
Trash Expense1500.0
ViewNone
View Y/NNo
Waterfront Y/NNo
Year Built2022
Year Built SourcePublicRecords
ZoningR-A-1
Exterior for 18590 Ambrosio Circle
Building Area Total4864.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres1.05
Lot Size Area45738.0
Lot Size SourcePublicRecords
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters1
Number of Separate Gas Meters0
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesConcrete, Driveway
Road Surface TypePaved
SpaNo
Total Parking14.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480