1021 South Sheridan Street

Corona, CA 92882

$660,000
Last Sold Price
6
Beds
4
Baths
2,454 Sq. Ft.
$269 / Sq. Ft.
2,454
Sq. Ft.
$269
per Sq. Ft.

Description

Here we have a fantastic opportunity to uncover a brilliant residential rental income property that features 2 houses on one single lot. The main house is a single story residence featuring 3 beds, 2 baths, a spacious living room with an open window and a nice fireplace to compliment it. The kitchen decor is decorated with redwood cabinets, marble countertops and a french style window. The front house also has a 2 car attached garage. The 2nd unit in the back is a beautiful 2 story house that features...Here we have a fantastic opportunity to uncover a brilliant residential rental income property that features 2 houses on one single lot. The main house is a single story residence featuring 3 beds, 2 baths, a spacious living room with an open window and a nice fireplace to compliment it. The kitchen decor is decorated with redwood cabinets, marble countertops and a french style window. The front house also has a 2 car attached garage. The 2nd unit in the back is a beautiful 2 story house that features 3 beds, 2 baths, open kitchen and a loft space that is present upstairs. There is an iron wood sliding gate that is used by the second unit to park 2 cars privately if needed. This location is conveniently located near schools, shopping, restaurants, public transportation and freeways as well. Please ensure to drive-by only and do not disturb the tenants at hand. All offers are to be made subject to inspection.
  1. Listed by Roger Kwon • DRE #02002355 • Brokerage DRE #01983717 • IRN Realty

Property Details for 1021 South Sheridan Street

Parking Spaces Total
2
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2454
Assessor Parcel Number
117-252-019
Property Attached YN
false

Location

Listing Courtesy of IRN Realty, Roger Kwon, DRE #02002355

Sold By Power Brokers International, Ibrahim Shakir, DRE #02045246

Add your commute
LISTING UPDATED: 04/05/2021 05:00 AM

Property Details for 1021 South Sheridan Street

StatusClosed
MLS #TR21039970
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.17 AC / 7,405 SF
CountyRiverside County

Location

Listing Courtesy of IRN Realty, Roger Kwon, DRE #02002355

Sold By Power Brokers International, Ibrahim Shakir, DRE #02045246

Add your commute

Building Information for 1021 South Sheridan Street

Stories-Residences-Year Built1964Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$4,246 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,602

Property Taxes

$644

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1021 South Sheridan Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $43,620
  • Gross Scheduled Income: $43,620
  • Net Operating Income: $35,220
  • Financing: Cash
Expense Details
  • Operating Expense: $8,400
  • New Taxes Expense: $6,480
  • Gardener Expense: $720
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,200
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $8,400
Tax / Assessment Info
  • Tax Tract Number: 009
  • Tax Lot: 16
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Front Yard, Near Public Transit, Patio Home, Sprinklers In Front
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,785
  • Unit Type Total Rent: $1,785
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 1021 South Sheridan Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1021 South Sheridan Street

Taxable ValueLand$78,026Additions$608,636Total$686,662
Tax Record2023$7,727 ($644 / month)
Home Facts
Baths1.8Total Finished SqFt1,326 SqFtAbove Grade Finished SqFt1,326 SqFtStories1Lot Size7,405 SqFtStyleMulti-Family Dwelling (2-4)Year Built1964ZoningR3CountyRIVERSIDEAPN117-252-019Fireplace TypeHas Fireplace

Schools near 1021 South Sheridan Street

This home is within Corona-Norco Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Jefferson Elementary School
PublicK to 6

Letha Raney Intermediate School
Public6 to 8

Corona High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of IRN Realty, Roger Kwon, DRE #02002355

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.