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Stacey Alysson Melman

570 Penrose
Corona, CA, 92878
$1,799,900
Beds
0 Baths
0 SqFt
0.19 Acres
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MLS #OC26194182 image #0
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!
AGENT: Cameron Davis
LISTING BROKERAGE: Selling OC Real Estate
570 Penrose
Corona, CA

Property Details

Price:
$1,799,900
MLS #:
OC26194182
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
248corona
Listed Date:
Sep 7, 2026
Total Sq Ft:
4,700
Lot Size:
8,276 sqft / 0.19 acres (approx)
Year Built:
1964
ContemporaryCommunity Gated248 – Corona248corona
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Schools

Interior

Cooling
CA
Heating
CF
Laundry Features
AR, IR
Levels
U

Exterior

Architectural Style
CNT
Common Walls
NOA, NOB, _1CW
Community Features
SDW, SL, SUB, CRB, CW
Construction Materials
STC
Exterior Features
LIT
Fencing
ST, WI
Garage Spaces
4
Parking Spots
4
Parking Total
4
Roof
CMP, SHN
Security Features
EXL, SD, COD, GC, MGR
Window Features
BLI

Financial

Net Operating Income
$122,636

Map

Community

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