570 Penrose
Property Overview
Over $11,100 in monthly rental income! Here's your chance to own a beautifully renovated 4-plex, now available in the heart of Corona. This upscale property is in a very quiet and peaceful neighborhood of Corona, conveniently located just minutes from the 91 Freeway, Corona's Metrolink Station, and also the "Metro at Main" commercial center - a brand-new mixed-use project consisting of more than 60,000 square feet of ground-floor retail. Perfectly situated on a corner lot within a gated courtyard, each unit of the building is two levels, townhome style, with nobody above or below, offering much more privacy for each tenant. The property consists of two spacious 3-bed/1.5 bath units, and two 2-bed/1.5 bath units. The building has just been repainted and upgraded with all-new landscaping, including a drip system which requires minimal water use. Each unit has been upgraded with central A/C, which is very rare for this area, and an added value for tenants. There are two detached 2-car garages, which offer one assigned space for each unit. All tenants keep to themselves and pay rent on time. Two of the units receive Section 8 assistance, with direct deposits sent to your bank account for rent every month. This beautiful property can be sold by itself, or together with it's neighboring 4-plex at 586 Penrose Drive. Don't miss out on this unique opportunity!
Home Details
- Property type
- Residential Income - Quadruplex
- Year built
- 1964
- Lot size
- 8,276 sq ft
- Parking
- 4 spaces
- Garage
- 4 spaces
- Stories
- 2
- Days on market
- 4
- MLS status
- Active
- Architectural style
- Contemporary
Features & Amenities
Parking
- Door Multi
- Garage
- Garage Door Opener
- Off Street
- Garage Faces Rear
Pool
- None
Lot
- Corner Lot
- Drip Irrigation Bubblers
- Landscaped
- Level
- Sprinkler System
- Yard
Exterior
- Lighting
Security
- Carbon Monoxide Detectors
- Gated Community
- Resident Manager
- Smoke Detectors
- Security Lights
Community, Schools & Utilities
Community
- Subdivision
- Penrose Drive
Utilities
- Heating
- Central
- Cooling
- CentralAir
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 570 Penrose
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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