1087 Circle City Drive 101, Corona

$6,580,000

0 Beds
0 Baths
23,744 Sqft
69,696 Lot Sqft
0 Garages

Welcome to the Circle City Villas, an excellent opportunity to own 28 individually leased condos in a gated 36-unity condo community. Built in 1988, this newer construction community is ideally located near Corona Circle, a hotspot for the Corona community which is scheduled to be transformed into one of the Inland Empire's premier outdoor malls with trendy shops, dining and restaurants all which is walking distance to the Corona Circle Villas. Tenants of the community enjoy gated parking and access, lush tropical landscaping, a sparkling swimming pool, individual water heaters and washer/dryer hookups. Priced at $235,000/unit, a new owner could capitalize on profits by selling off each unit individually with private 2-bedroom condo sales topping $300,000 in the area. The Corona Circle Villas is an exceptional opportunity to own in one of the most ideal rental locations in the city of Corona.
*Seller Financing Available, *28 Individually-leased Condominiums in a 36-Unit Condo Complex, *All 2Bedroom/2 Bathroom Master Suite Units, Well-Maintained 1988 Construction, *Ideal Corona Rental Location Near Corona Circle & 91 and 15 Freeways, *Active HOA in Place Allowing a New Owner to Immediately Sell the Condominiums off Individually if Desired

Essential Information
MLS® #PW19265094
Price$6,580,000
Bathrooms0.00
Square Footage23,744
Lot Sqft69,696
Acres1.60
Year Built1988
TypeResidential Income
StatusActive
No of Units28
Community Information
Address1087 Circle City Drive 101
AreaCorona (248)
CityCorona
CountyRiverside
StateCA
Zip Code92879
Amenities
Parking Spaces78
Has PoolYes
Interior
HeatingCentral Furnace
# of Stories1
StoriesOne Level
Exterior
Lot Description26-30 Units/Acre
Additional Information
Date ListedNovember 14th, 2019
Days on Market134
Listing Details
AgentDoug Rodermund(01314304)
OfficeMorgan Skenderian
Property History
Price Reduced from $6,850,000 to $6,580,000
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Based on information from California Regional Multiple Listing Service, Inc. as of March 28th, 2020 at 12:36am CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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