1550 Rimpau #114 · Corona, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 8/10 · Major
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 7/10 · Major
- Hot days now (above 101°F)
- 7 days/yr
- Hot days in 30 yrs
- 20 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 9/10 · Severe
- Unhealthy air days now
- 19 days/yr
- Unhealthy air days in 30 yrs
- 23 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +28.2/30.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- 1% rule +6.5/10.0
- Schools +5.1/10.0
- Rent growth +4.1/5.0
- Livability +3.2/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$279,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Rare triple-wide residence in gated Villa Corona, built in 2006. Enjoy close to 2000 square feet of living space comprised of an open kitchen and living room area, four bedrooms, and a bonus room that could serve as a fifth bedroom. Brand new hardwood floors; carpet in bedrooms. Kitchen boasts Corian counter tops and large seamless sink; 4 burner gas cooktop, large pantry. Wood burning fireplace. Main bedroom provides direct access to rear porch; walk in closet; step in bathtub. Trex front and rear porches; alumawood pergola over front porch. Attached two car garage. Stackable laundry in hall along with ample storage. Home lives and feels like a traditional single family residence. Villa Corona is a well kept community with amazing amenities including: heated pool, jacuzzi, weight room, clubhouse with playroom, library, billiards, laundry room, RV lot, shaded parking for guests, EV chargers. Close to freeways, dining, grocery shopping, parks and schools.
Key facts
- 2,809 sq ft lot
- 2 garage spots
- Community pool
Property features AI
Finance
- Other: Located in Villa Corona community with gutters, curbs, and sidewalks
- HOA & community: Land lease of $1,700 monthly (park lease)
Exterior
- Parking: Attached garage with front entry; Direct garage access; Garage door opener; 2 parking spaces (2-car garage)
- Security: Gated community; Smoke detector
- Utilities: Public/district water; Public sewer; Natural gas connected; Electricity connected; Cable available
- Home design: Single-story property; Mobile home model Westwood (40' x 55') — mobile home remains; One entry level (ground with stairs)
- Construction: Pier jacks foundation
- Exterior features: Composition roof; Vinyl fencing in new condition; Awning; Front and rear porches; Has patio; Community heated pool; Synthetic skirt; Lot is level/flat and located close to clubhouse; Paved road access; Has a view
Interior
- Kitchen: Energy Star appliances; Built-in range; Gas range and gas oven; Dishwasher; Garbage disposal
- Bedrooms: All bedrooms on main floor; Main floor primary bedroom; Main floor bedroom; Office (can be used as bedroom or study)
- Flooring: Vinyl flooring; Carpet; Wood flooring
- Bathrooms: Two full bathrooms; Main floor full bath
- Heating & cooling: Central cooling; Central furnace heating
- Interior features: One-level home with ground entry and stairs; Turnkey, updated/remodeled condition; Smoke detector and gated community; Shutters and double-pane windows; Community spa
- Laundry & utility: Laundry inside the home
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $279k.
Deal economics
- At list price, monthly cash flow is $883 ($11k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $279k).
- Recommended offer: $271k (3.0% below list) — sets the bar for market timing.
- Cap rate 10.1% vs local median 2.9% in Corona — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 63/100 on livability (#461 in CA) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A-; Watch: commute C-, health & safety D, amenities F.
- Corona-Norco Unified (suburban): math 46% / reading 61% proficiency, ranked #312 of 1,400 in CA (top 22%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Market conditions: Rents rising fast (+6.2%/yr); 76 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
- Riverside County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 6.2% rent growth), your $78k cash investment doubles in ~7 years — after that, you're playing with house money.
Negotiation context
- It's been on market 37 days — a 3% lower offer ($271k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 8y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $230k; 21% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Climate carrying-cost: severe wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 37 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.15% ✓
- Cap rate
- 10.09%
- Cash-on-cash
- 13.56%
- DSCR
- 1.60
- GRM
- 7.2
CMA / ARV
- ARV (median comp)
- $174,900
- List price
- $279,000
- Delta
- 59.52%
- Verdict
- OVERPRICED
- Comps
- 9 within 1.0 mi
Show comp detail 10 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1550 Rimpau Ave #59 | 0.00mi | 3/2.0 | 1,930 (+2%) | 16mo | $225,000 | $117 | 83 |
| 1550 Rimpau Ave #89 | 0.00mi | 2/2.0 (-1) | 1,830 (-3%) | 14mo | $165,000 | $90 | 78 |
| 1550 Rimpau Ave #179 | 0.00mi | 3/2.0 | 1,848 (-2%) | 22mo | $265,000 | $143 | 78 |
| 1550 Rimpau Ave | 0.00mi | 2/2.0 (-1) | 1,800 (-4%) | 14mo | $160,000 | $89 | 76 |
| 1550 Rimpau Ave #99 | 0.00mi | 2/2.0 (-1) | 1,800 (-4%) | 14mo | $168,000 | $93 | 76 |
| 1550 Rimpau Ave #18 | 0.00mi | 3/2.0 | 1,680 (-11%) | 8mo | $185,000 | $110 | 76 |
| 1550 Rimpau Ave #17 | 0.00mi | 2/2.0 (-1) | 1,814 (-4%) | 19mo | $161,000 | $89 | 73 |
| 1550 Rimpau Ave. Ave #113 | 0.09mi | 2/2.0 (-1) | 1,800 (-4%) | 14mo | $160,000 | $89 | 72 |
| 1550 Rimpau Ave #42 | 0.00mi | 4/2.0 (+1) | 1,620 (-14%) | 4mo | $315,000 | $194 | 68 |
| 1550 Rimpau Ave #53 | 0.00mi | 2/2.0 (-1) | 1,680 (-11%) | 16mo | $217,687 | $130 | 64 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 6.22% rent growth · sell at horizon
- IRR
- 6.9%
- Equity multiple
- 1.28×
- Total profit
- $21,684
- Equity at exit
- $41,600
- IRR
- 18.6%
- Equity multiple
- 2.77×
- Total profit
- $138,044
- Equity at exit
- $24,123
Cash invested: $78,120 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 18 Strongly Tenant-Friendly
- State California
- 18 Strongly Tenant-Friendly · D+13
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 92881
- Rents YoY
- 6.2%
- Active inventory
- 76
- Price-to-rent
- 7.2×
Monthly cashflow live
- Estimated rent
- $3,220 high interval (Pro) →
- Mortgage (P&I)
- −$1,463
- Tax from tax record
- −$81 /mo · $976/yr
- Insurance
- −$116
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$676
- Net cashflow
- $883
Break-even live
Sensitivity live
| Price | -10% $1,041 | -5% $962 | +0% $883 | +5% $804 | +10% $725 |
|---|---|---|---|---|---|
| Rent | -10% $629 | -5% $756 | +0% $883 | +5% $1,010 | +10% $1,137 |
| Rate | -1.0pp $1,024 | -0.5pp $954 | base $883 | +0.5pp $811 | +1.0pp $737 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $69,750
- Closing costs
- $8,370
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 10 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1710 Maxwell Ln Unit A Corona, CA | 3.0 | 2.5 | 1254 | $3,300 | $2.63 | 45d | 1 | 0.29mi |
| 1710 Maxwell Ln Unit A Corona, CA | 3.0 | 2.5 | 1254 | $3,100 | $2.47 | 25d | 1 | 0.29mi |
| 823 Aspen St Corona, CA | 3.0 | 2.0 | 1342 | $3,200 | $2.38 | 45d | 1 | 0.55mi |
| 2050 Napoli Ct #102 Corona, CA | 3.0 | 2.5 | 1385 | $3,200 | $2.31 | 25d | 1 | 0.66mi |
| 2050 Napoli Ct #102 Corona, CA | 3.0 | 2.5 | 1385 | $2,995 | $2.16 | 16d | 1 | 0.66mi |
| 2050 Napoli Ct #102 Corona, CA | 3.0 | 2.5 | 1385 | $2,995 | $2.16 | 18d | 1 | 0.66mi |
| 1925 S Starfire Ave Corona, CA | 3.0 | 2.0 | 1549 | $3,000 | $1.94 | 6d | 1 | 0.84mi |
| 547 Magnolia Ave Corona, CA | 3.0 | 2.5 | 1751 | $4,000 | $2.28 | 45d | 1 | 0.92mi |
| 929 E Grand Blvd Corona, CA | 2.0 | 1.5 | 1425 | $2,800 | $1.96 | 4d | 1 | 1.09mi |
| 364 E Monterey Rd Corona, CA | 4.0 | 2.0 | 2386 | $2,450 | $1.03 | 3d | 1 | 1.13mi |
Listing history 27 events
-
2026-06-21days on market $279,000 Active 37 DOM
-
2026-06-18days on market $279,000 Active 34 DOM
-
2026-06-17days on market $279,000 Active 33 DOM
-
2026-06-16days on market $279,000 Active 32 DOM
-
2026-06-15days on market $279,000 Active 31 DOM
-
2026-06-13days on market $279,000 Active 29 DOM
-
2026-06-13days on market $279,000 Active 28 DOM
-
2026-06-09days on market $279,000 Active 25 DOM
-
2026-06-08days on market $279,000 Active 24 DOM
-
2026-06-07days on market $279,000 Active 23 DOM
-
2026-06-04days on market $279,000 Active 20 DOM
-
2026-06-03days on market $279,000 Active 19 DOM
-
2026-06-02days on market $279,000 Active 18 DOM
-
2026-06-01days on market $279,000 Active 17 DOM
-
2026-05-31days on market $279,000 Active 16 DOM
-
2026-05-16$279,000 Active 766-char remark
-
2026-05-11historical $279,000 766-char remark
-
2021-12-10soldstatus $230,000 Closed Sale 968-char remark
Show marketing remark (968 chars)
Rare triple-wide residence in gated Villa Corona, built in 2006. Enjoy close to 2000 square feet of living space comprised of an open kitchen and living room area, four bedrooms, and a bonus room that could serve as a fifth bedroom. Brand new hardwood floors; carpet in bedrooms. Kitchen boasts Corian counter tops and large seamless sink; 4 burner gas cooktop, large pantry. Wood burning fireplace. Main bedroom provides direct access to rear porch; walk in closet; step in bathtub. Trex front and rear porches; alumawood pergola over front porch. Attached two car garage. Stackable laundry in hall along with ample storage. Home lives and feels like a traditional single family residence. Villa Corona is a well kept community with amazing amenities including: heated pool, jacuzzi, weight room, clubhouse with playroom, library, billiards, laundry room, RV lot, shaded parking for guests, EV chargers. Close to freeways, dining, grocery shopping, parks and schools.
-
2021-12-06status Pending Sale 968-char remark
Show marketing remark (968 chars)
Rare triple-wide residence in gated Villa Corona, built in 2006. Enjoy close to 2000 square feet of living space comprised of an open kitchen and living room area, four bedrooms, and a bonus room that could serve as a fifth bedroom. Brand new hardwood floors; carpet in bedrooms. Kitchen boasts Corian counter tops and large seamless sink; 4 burner gas cooktop, large pantry. Wood burning fireplace. Main bedroom provides direct access to rear porch; walk in closet; step in bathtub. Trex front and rear porches; alumawood pergola over front porch. Attached two car garage. Stackable laundry in hall along with ample storage. Home lives and feels like a traditional single family residence. Villa Corona is a well kept community with amazing amenities including: heated pool, jacuzzi, weight room, clubhouse with playroom, library, billiards, laundry room, RV lot, shaded parking for guests, EV chargers. Close to freeways, dining, grocery shopping, parks and schools.
-
2021-11-15historical Active Under Contract 968-char remark
Show marketing remark (968 chars)
Rare triple-wide residence in gated Villa Corona, built in 2006. Enjoy close to 2000 square feet of living space comprised of an open kitchen and living room area, four bedrooms, and a bonus room that could serve as a fifth bedroom. Brand new hardwood floors; carpet in bedrooms. Kitchen boasts Corian counter tops and large seamless sink; 4 burner gas cooktop, large pantry. Wood burning fireplace. Main bedroom provides direct access to rear porch; walk in closet; step in bathtub. Trex front and rear porches; alumawood pergola over front porch. Attached two car garage. Stackable laundry in hall along with ample storage. Home lives and feels like a traditional single family residence. Villa Corona is a well kept community with amazing amenities including: heated pool, jacuzzi, weight room, clubhouse with playroom, library, billiards, laundry room, RV lot, shaded parking for guests, EV chargers. Close to freeways, dining, grocery shopping, parks and schools.
-
2021-11-02status Active 968-char remark
Show marketing remark (968 chars)
Rare triple-wide residence in gated Villa Corona, built in 2006. Enjoy close to 2000 square feet of living space comprised of an open kitchen and living room area, four bedrooms, and a bonus room that could serve as a fifth bedroom. Brand new hardwood floors; carpet in bedrooms. Kitchen boasts Corian counter tops and large seamless sink; 4 burner gas cooktop, large pantry. Wood burning fireplace. Main bedroom provides direct access to rear porch; walk in closet; step in bathtub. Trex front and rear porches; alumawood pergola over front porch. Attached two car garage. Stackable laundry in hall along with ample storage. Home lives and feels like a traditional single family residence. Villa Corona is a well kept community with amazing amenities including: heated pool, jacuzzi, weight room, clubhouse with playroom, library, billiards, laundry room, RV lot, shaded parking for guests, EV chargers. Close to freeways, dining, grocery shopping, parks and schools.
-
2021-10-10status Active 968-char remark
Show marketing remark (968 chars)
Rare triple-wide residence in gated Villa Corona, built in 2006. Enjoy close to 2000 square feet of living space comprised of an open kitchen and living room area, four bedrooms, and a bonus room that could serve as a fifth bedroom. Brand new hardwood floors; carpet in bedrooms. Kitchen boasts Corian counter tops and large seamless sink; 4 burner gas cooktop, large pantry. Wood burning fireplace. Main bedroom provides direct access to rear porch; walk in closet; step in bathtub. Trex front and rear porches; alumawood pergola over front porch. Attached two car garage. Stackable laundry in hall along with ample storage. Home lives and feels like a traditional single family residence. Villa Corona is a well kept community with amazing amenities including: heated pool, jacuzzi, weight room, clubhouse with playroom, library, billiards, laundry room, RV lot, shaded parking for guests, EV chargers. Close to freeways, dining, grocery shopping, parks and schools.
-
2021-09-11$239,000 Active 968-char remark
Show marketing remark (968 chars)
Rare triple-wide residence in gated Villa Corona, built in 2006. Enjoy close to 2000 square feet of living space comprised of an open kitchen and living room area, four bedrooms, and a bonus room that could serve as a fifth bedroom. Brand new hardwood floors; carpet in bedrooms. Kitchen boasts Corian counter tops and large seamless sink; 4 burner gas cooktop, large pantry. Wood burning fireplace. Main bedroom provides direct access to rear porch; walk in closet; step in bathtub. Trex front and rear porches; alumawood pergola over front porch. Attached two car garage. Stackable laundry in hall along with ample storage. Home lives and feels like a traditional single family residence. Villa Corona is a well kept community with amazing amenities including: heated pool, jacuzzi, weight room, clubhouse with playroom, library, billiards, laundry room, RV lot, shaded parking for guests, EV chargers. Close to freeways, dining, grocery shopping, parks and schools.
-
2021-08-25historical $239,000 968-char remark
Show marketing remark (968 chars)
Rare triple-wide residence in gated Villa Corona, built in 2006. Enjoy close to 2000 square feet of living space comprised of an open kitchen and living room area, four bedrooms, and a bonus room that could serve as a fifth bedroom. Brand new hardwood floors; carpet in bedrooms. Kitchen boasts Corian counter tops and large seamless sink; 4 burner gas cooktop, large pantry. Wood burning fireplace. Main bedroom provides direct access to rear porch; walk in closet; step in bathtub. Trex front and rear porches; alumawood pergola over front porch. Attached two car garage. Stackable laundry in hall along with ample storage. Home lives and feels like a traditional single family residence. Villa Corona is a well kept community with amazing amenities including: heated pool, jacuzzi, weight room, clubhouse with playroom, library, billiards, laundry room, RV lot, shaded parking for guests, EV chargers. Close to freeways, dining, grocery shopping, parks and schools.
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2018-06-11soldstatus $189,000 Closed Sale
Show marketing remark (1486 chars)
GORGEOUS 4 bedroom, 2 bath, plus den, 2 car garage manufactured home built in 2006. Top of the line custom Silvercrest home boasts of 1916 square feet of quality construction and beauty. You will find real wood flooring throughout most of the home. The kitchen has Corian counters with seamless sink, built in microwave, stove, oven and fridge. Large pantry, plenty of cabinets and eating bar. Kitchen opens to spacious great room. This part of the home has beautiful plantation shutters and nice ceiling fan. In the corner you will find a stone-faced wood burning fireplace! The den is just off the living room with access to the back deck. Den could be used as 5th bedroom! The hallway leads to the bedrooms, main hall bath, laundry closet and master bedroom. Main hall bath is large with separated tub area and tile counter top. Master bedroom is large with a walk-in closet and door to access back deck. Master bath has double sink vanity, tile counter tops, separate garden tub, stand-alone shower. Home also features double pane windows, synthetic skirting that will last for decades, home exterior paint in 2017, new alumawood pergola covering front porch, Trex on front porch and back deck, two car garage with automatic garage door opener. Back deck has wonderful view of the mountains. This home is so quality that you just have to see it to believe it! Home is located in Villa Corona, a family park located near freeways, shopping, schools and more! Space rent is $975.
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2018-05-13status Pending Sale
Show marketing remark (1486 chars)
GORGEOUS 4 bedroom, 2 bath, plus den, 2 car garage manufactured home built in 2006. Top of the line custom Silvercrest home boasts of 1916 square feet of quality construction and beauty. You will find real wood flooring throughout most of the home. The kitchen has Corian counters with seamless sink, built in microwave, stove, oven and fridge. Large pantry, plenty of cabinets and eating bar. Kitchen opens to spacious great room. This part of the home has beautiful plantation shutters and nice ceiling fan. In the corner you will find a stone-faced wood burning fireplace! The den is just off the living room with access to the back deck. Den could be used as 5th bedroom! The hallway leads to the bedrooms, main hall bath, laundry closet and master bedroom. Main hall bath is large with separated tub area and tile counter top. Master bedroom is large with a walk-in closet and door to access back deck. Master bath has double sink vanity, tile counter tops, separate garden tub, stand-alone shower. Home also features double pane windows, synthetic skirting that will last for decades, home exterior paint in 2017, new alumawood pergola covering front porch, Trex on front porch and back deck, two car garage with automatic garage door opener. Back deck has wonderful view of the mountains. This home is so quality that you just have to see it to believe it! Home is located in Villa Corona, a family park located near freeways, shopping, schools and more! Space rent is $975.
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2018-03-05$189,000 Active
Show marketing remark (1486 chars)
GORGEOUS 4 bedroom, 2 bath, plus den, 2 car garage manufactured home built in 2006. Top of the line custom Silvercrest home boasts of 1916 square feet of quality construction and beauty. You will find real wood flooring throughout most of the home. The kitchen has Corian counters with seamless sink, built in microwave, stove, oven and fridge. Large pantry, plenty of cabinets and eating bar. Kitchen opens to spacious great room. This part of the home has beautiful plantation shutters and nice ceiling fan. In the corner you will find a stone-faced wood burning fireplace! The den is just off the living room with access to the back deck. Den could be used as 5th bedroom! The hallway leads to the bedrooms, main hall bath, laundry closet and master bedroom. Main hall bath is large with separated tub area and tile counter top. Master bedroom is large with a walk-in closet and door to access back deck. Master bath has double sink vanity, tile counter tops, separate garden tub, stand-alone shower. Home also features double pane windows, synthetic skirting that will last for decades, home exterior paint in 2017, new alumawood pergola covering front porch, Trex on front porch and back deck, two car garage with automatic garage door opener. Back deck has wonderful view of the mountains. This home is so quality that you just have to see it to believe it! Home is located in Villa Corona, a family park located near freeways, shopping, schools and more! Space rent is $975.
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast CA · Resets to sale price
- Current annual tax
- $976 · $81/mo
- Projected year-2 tax
- $2,120 · $177/mo
- Expected delta
- +$1,144/yr (+$95/mo · 117.2%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 8/10 Severe
- Heat 7/10 Severe 7 d/yr ≥101°F today · 20 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 9/10 Extreme 19 unhealthy d/yr today · 23 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $38,639
- − Mortgage interest
- −$15,628
- − Property taxes
- −$976
- − Insurance
- −$1,395
- − Repairs & maintenance
- −$3,091
- − Management
- −$3,091
- − Depreciation
- −$8,116
- Taxable income
- $6,341
- Est. tax owed @ 24.0%
- −$1,522
- After-tax cash flow
- $9,075/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Corona-Norco Unified
- NCES district ID
- 0609850
- Math proficiency
- 46% ▲ 1.00%
- Reading proficiency
- 61% ▬ 0.00%
- Median HH income
- $83,380
- Composite
- 50.72/100
- National rank
- #3920
- State rank
- #312 of 1400 in CA
Livability — Corona
- Score
- 63/100
- State rank
- #461
- US rank
- #15787
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Corona, CA
- County
- Riverside County · 2,287,001 people
- City population
- 188,369
- Metro
- Riverside-San Bernardino-Ontario, CA
- Population (ZIP)
- 30,347
- Household income
- $134,932
- Rent vs Own
- Severe rent burden
- 383.0
Population outlook (Riverside County) Hauer SSP2
- Today (2025)
- 2,664,475 people
- By 2030
- 2,802,692 · +5.2%
- By 2040
- 3,050,904 · +14.5%
- By 2050
- 3,256,783 · +22.2%
- By 2075
- 3,655,058 · +37.2%
- By 2100
- 3,766,594 · +41.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.69)
- Race & ethnicity
- White 41% Hispanic / Latino 34% Two or more races 17% Asian 14% Black 4%
- Hispanic origin (detail)
- Mexican 29% Cuban 1%
- Common ancestry
- Italian 5% Portuguese 1% Lithuanian 1%
- Foreign-born
- 24% · Canada, South Korea, Vietnam
- Languages at home
- 61% English-only · Spanish 22% Other Indo-European 5% Arabic 3%
Political lean MEDSL · Riverside
- 2024 margin
- Toss-up / Even · D 48.0% · R 49.3% · Other 2.6%
- 2008→2024 swing
- -3.6pp toward R · 2008: 2.3pp · 2024: -1.3pp
- All cycles
- 2024: R+1.3 2020: D+8.0 2016: D+4.3 2012: R+0.4 2008: D+2.3
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -239.86%
- Current HPI
- 351.8447
- Rent YoY
- ▲ 6.22%
- Metro
- Riverside-San Bernardino-Ontario, CA
- State GDP YoY
- ▲ 3.21%
- F500 in state
- 116
Industry mix (Fortune 500 HQ in CA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Technology | 27 | $1,492B |
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| Financial Services | 3 | $174B |
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| Retail | 3 | $44B |
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| Insurance | 3 | $26B |
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| Media / Entertainment | 2 | $115B |
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| Pharmaceuticals / Biotech | 2 | $62B |
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Price history
+47.6% since first listed12 events — show timeline
- 2026-05-16 Listed $279,000 CRMLS
- 2026-05-11 Coming Soon $279,000 CRMLS
- 2021-12-10 Sold (MLS) $230,000 CRMLS
- 2021-12-06 Pending — CRMLS
- 2021-11-15 Contingent — CRMLS
- 2021-11-02 Relisted — CRMLS
- 2021-10-10 Relisted — CRMLS
- 2021-09-11 Listed $239,000 CRMLS
- 2021-08-25 Coming Soon $239,000 CRMLS
- 2018-06-11 Sold (MLS) $189,000 CRMLS
- 2018-05-13 Pending — CRMLS
- 2018-03-05 Listed $189,000 CRMLS
Property tax history
-4.9%/yrLatest (2025): $976 · +3.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…