4901 Green River Rd #104 · Corona, CA 92878

$140,000

2 bd · 2.0 ba · 1,278 sqft · Land public records · 55 Days on market

Built 1972 $110/sqft · 8% below area Est $161k · 13% under

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Why this score? — see what drove the A 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 +30.0/30.0
• ARV discount +13.3/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• Schools +5.1/10.0
• Livability +3.2/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Updated throughout with newer kitchen cabinets, tile flooring, appliances. .. .new forced air heating. .. ceiling fans. .. gas range and oven. .. .breakfast bar. .. .dining area. .. .large living room. .. .corner lot. .. .two full baths tub and showers. .. all this nestled between the Cleveland National Forest and Chino State Park along the Santa Ana River, the bridge between Orange County and the Inland Empire. .. Stretched across 40 acres of trees. .. Green River Village. This family-friendly, gated community is perfect for people on the go who love the outdoors, but want to remain close to all the shopping conveniences. Minutes from Orange County with Riverside County and all points east an easy drive. Multiple swimming pools and saunas, an exercise facility, a spa, billiards room, car wash, playground -- the list goes on. Green River Golf Club right next door for golf afficionados. Santa Ana River Bike/Walking Trail to the sea minutes away. .. .Green River Village.

Key facts

• Natural light
• Walk-in closets
• Corner lot

Tags

• CORNER LOT
• NATURAL LIGHT
• WALK-IN CLOSETS
• NEW LAMINATE FLOORING
• NEW DOUBLE-PANE VINYL WINDOWS
• NEW HVAC SYSTEM

Property features AI

Finance

• Other: Located in Green River Village park
• HOA & community: Community amenities include pool, spa, playground, barbecue/outdoor cooking area; Land lease (current amount listed separately)

Exterior

• Parking: 2 covered carport spaces (attached); 2 garage spaces; Total of 4 parking spaces; Paved parking; Tandem covered parking available; Guest and private parking
• Security: Gated community; Automatic gate
• Utilities: Public/district water; Public sewer; Natural gas connected; Electricity connected; Telephone available in street; Sewer connected; Water connected
• Home design: Single-story home; Entry from living room; Faces southwest; Turnkey condition; Mobile home remains (24' x 56'); Double body type
• Construction: Year built per builder; Mobile construction details indicated
• Exterior features: Stucco wall fencing; Fenced community pool; Community pool and spa; Playground; Outdoor barbecue / cooking area; Yard; Close to clubhouse; Street lighting; Urban setting; Storm drains

Interior

• Kitchen: Open kitchen layout to family room; Gas range; Gas oven; Dishwasher; Gas water heater
• Bedrooms: All bedrooms on main level; Walk-in closet
• Flooring: Laminate flooring
• Bathrooms: 2 full bathrooms; Bathtub; Shower; Shower-in-tub; Exhaust fan(s); Remodeled bathrooms
• Heating & cooling: Central cooling; Central furnace heating
• Interior features: Wood product walls; Tile counters; Double pane windows; Window screens; Gated community with automatic gate
• Laundry & utility: Indoor laundry room; Washer hookup; Stackable washer/dryer possible

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath land listed at $140k.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $140k).
• Recommended offer: $136k (3.0% below list) — sets the bar for market timing.

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.
• Zoned schools: Cesar Chavez Academy (938 students, 78% FRL); Corona High (2,251 students, 86% FRL) — zoned schools average 82% FRL vs 35% district-wide (47 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.6%/yr); 23 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).

Forward outlook

• In year one you build about $15k of equity ($968 loan paydown + $14k appreciation (10.0% local appreciation)).
• Riverside County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 1.6% rent growth), your $39k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 55 days — a 3% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 15y 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 $32k; list at $140k implies a 331% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $125/mo.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); severe wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $135,800 (3.0% below list)

Questions for the listing agent

1. It's been on market 55 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 2.03% ✓
• Cap rate: 17.21%
• Cash-on-cash: 38.97%
• DSCR: 2.73
• GRM: 4.1

CMA / ARV

• ARV (median comp): $160,780
• List price: $140,000
• Delta: -12.92%
• Verdict: UNDERPRICED
• Comps: 16 within 1.0 mi

Projected returns pro-forma

10.0% appreciation · 1.64% rent growth · sell at horizon

5-year hold

• IRR: 50.3%
• Equity multiple: 4.72×
• Total profit: $145,652
• Equity at exit: $126,123

10-year hold

• IRR: 43.4%
• Equity multiple: 10.29×
• Total profit: $364,316
• Equity at exit: $271,989

Cash invested: $39,200 (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

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 92878

• Home prices YoY: 2.2%
• Rents YoY: 1.6%
• Active inventory: 23
• Price-to-rent: 4.1×

Monthly cashflow live

• Estimated rent: $2,836 medium
• Mortgage (P&I): −$734
• Tax est. 1.5%: −$175 /mo · $2,100/yr
• Insurance: −$58
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$596
• Net cashflow: $1,148

Break-even live

Break-even rent $1,383

Max offer price $140,000

Occupancy floor 55%

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11533 Chadwick Rd Corona, CA	3.0	2.5	1599	$3,675	$2.30	17d	1	0.52mi

Listing history 33 events

1. 2026-06-18
   days on market $140,000 Active 55 DOM
2. 2026-06-17
   days on market $140,000 Active 54 DOM
3. 2026-06-16
   days on market $140,000 Active 53 DOM
4. 2026-06-15
   days on market $140,000 Active 52 DOM
5. 2026-06-13
   days on market $140,000 Active 50 DOM
6. 2026-06-13
   days on market $140,000 Active 49 DOM
7. 2026-06-09
   statusdays on market $140,000 Active 46 DOM
8. 2026-06-08
   status $140,000 Pending Sale 45 DOM
9. 2026-06-07
   days on market $140,000 Active 45 DOM
10. 2026-06-04
    days on market $140,000 Active 42 DOM
11. 2026-06-03
    days on market $140,000 Active 41 DOM
12. 2026-06-02
    days on market $140,000 Active 40 DOM
13. 2026-06-01
    days on market $140,000 Active 39 DOM
14. 2026-05-31
    days on market $140,000 Active 38 DOM
15. 2026-04-23
    listed $140,000 Active 804-char remark
16. 2021-02-17
    historical
17. 2020-12-21
    status Active
18. 2020-11-21
    status Pending Sale
19. 2020-11-13
    price $79,900
20. 2020-10-15
    status Active
21. 2020-10-01
    historical Active Under Contract
22. 2020-08-18
    listed $74,900 Active
23. 2017-01-06
    soldstatus $32,500 Closed Sale

    Show marketing remark (983 chars)

    Updated throughout with newer kitchen cabinets, tile flooring, appliances. .. .new forced air heating. .. ceiling fans. .. gas range and oven. .. .breakfast bar. .. .dining area. .. .large living room. .. .corner lot. .. .two full baths tub and showers. .. all this nestled between the Cleveland National Forest and Chino State Park along the Santa Ana River, the bridge between Orange County and the Inland Empire. .. Stretched across 40 acres of trees. .. Green River Village. This family-friendly, gated community is perfect for people on the go who love the outdoors, but want to remain close to all the shopping conveniences. Minutes from Orange County with Riverside County and all points east an easy drive. Multiple swimming pools and saunas, an exercise facility, a spa, billiards room, car wash, playground -- the list goes on. Green River Golf Club right next door for golf afficionados. Santa Ana River Bike/Walking Trail to the sea minutes away. .. .Green River Village.

24. 2016-12-30
    status Pending Sale

    Show marketing remark (983 chars)

    Updated throughout with newer kitchen cabinets, tile flooring, appliances. .. .new forced air heating. .. ceiling fans. .. gas range and oven. .. .breakfast bar. .. .dining area. .. .large living room. .. .corner lot. .. .two full baths tub and showers. .. all this nestled between the Cleveland National Forest and Chino State Park along the Santa Ana River, the bridge between Orange County and the Inland Empire. .. Stretched across 40 acres of trees. .. Green River Village. This family-friendly, gated community is perfect for people on the go who love the outdoors, but want to remain close to all the shopping conveniences. Minutes from Orange County with Riverside County and all points east an easy drive. Multiple swimming pools and saunas, an exercise facility, a spa, billiards room, car wash, playground -- the list goes on. Green River Golf Club right next door for golf afficionados. Santa Ana River Bike/Walking Trail to the sea minutes away. .. .Green River Village.

25. 2016-11-22
    historical Active Under Contract

    Show marketing remark (983 chars)

    Updated throughout with newer kitchen cabinets, tile flooring, appliances. .. .new forced air heating. .. ceiling fans. .. gas range and oven. .. .breakfast bar. .. .dining area. .. .large living room. .. .corner lot. .. .two full baths tub and showers. .. all this nestled between the Cleveland National Forest and Chino State Park along the Santa Ana River, the bridge between Orange County and the Inland Empire. .. Stretched across 40 acres of trees. .. Green River Village. This family-friendly, gated community is perfect for people on the go who love the outdoors, but want to remain close to all the shopping conveniences. Minutes from Orange County with Riverside County and all points east an easy drive. Multiple swimming pools and saunas, an exercise facility, a spa, billiards room, car wash, playground -- the list goes on. Green River Golf Club right next door for golf afficionados. Santa Ana River Bike/Walking Trail to the sea minutes away. .. .Green River Village.

26. 2016-10-05
    status Active

    Show marketing remark (983 chars)

    Updated throughout with newer kitchen cabinets, tile flooring, appliances. .. .new forced air heating. .. ceiling fans. .. gas range and oven. .. .breakfast bar. .. .dining area. .. .large living room. .. .corner lot. .. .two full baths tub and showers. .. all this nestled between the Cleveland National Forest and Chino State Park along the Santa Ana River, the bridge between Orange County and the Inland Empire. .. Stretched across 40 acres of trees. .. Green River Village. This family-friendly, gated community is perfect for people on the go who love the outdoors, but want to remain close to all the shopping conveniences. Minutes from Orange County with Riverside County and all points east an easy drive. Multiple swimming pools and saunas, an exercise facility, a spa, billiards room, car wash, playground -- the list goes on. Green River Golf Club right next door for golf afficionados. Santa Ana River Bike/Walking Trail to the sea minutes away. .. .Green River Village.

27. 2016-10-03
    status Pending Sale

    Show marketing remark (983 chars)

    Updated throughout with newer kitchen cabinets, tile flooring, appliances. .. .new forced air heating. .. ceiling fans. .. gas range and oven. .. .breakfast bar. .. .dining area. .. .large living room. .. .corner lot. .. .two full baths tub and showers. .. all this nestled between the Cleveland National Forest and Chino State Park along the Santa Ana River, the bridge between Orange County and the Inland Empire. .. Stretched across 40 acres of trees. .. Green River Village. This family-friendly, gated community is perfect for people on the go who love the outdoors, but want to remain close to all the shopping conveniences. Minutes from Orange County with Riverside County and all points east an easy drive. Multiple swimming pools and saunas, an exercise facility, a spa, billiards room, car wash, playground -- the list goes on. Green River Golf Club right next door for golf afficionados. Santa Ana River Bike/Walking Trail to the sea minutes away. .. .Green River Village.

28. 2016-09-29
    historical Active Under Contract

    Show marketing remark (983 chars)

    Updated throughout with newer kitchen cabinets, tile flooring, appliances. .. .new forced air heating. .. ceiling fans. .. gas range and oven. .. .breakfast bar. .. .dining area. .. .large living room. .. .corner lot. .. .two full baths tub and showers. .. all this nestled between the Cleveland National Forest and Chino State Park along the Santa Ana River, the bridge between Orange County and the Inland Empire. .. Stretched across 40 acres of trees. .. Green River Village. This family-friendly, gated community is perfect for people on the go who love the outdoors, but want to remain close to all the shopping conveniences. Minutes from Orange County with Riverside County and all points east an easy drive. Multiple swimming pools and saunas, an exercise facility, a spa, billiards room, car wash, playground -- the list goes on. Green River Golf Club right next door for golf afficionados. Santa Ana River Bike/Walking Trail to the sea minutes away. .. .Green River Village.

29. 2016-09-25
    status Pending Sale

    Show marketing remark (983 chars)

    Updated throughout with newer kitchen cabinets, tile flooring, appliances. .. .new forced air heating. .. ceiling fans. .. gas range and oven. .. .breakfast bar. .. .dining area. .. .large living room. .. .corner lot. .. .two full baths tub and showers. .. all this nestled between the Cleveland National Forest and Chino State Park along the Santa Ana River, the bridge between Orange County and the Inland Empire. .. Stretched across 40 acres of trees. .. Green River Village. This family-friendly, gated community is perfect for people on the go who love the outdoors, but want to remain close to all the shopping conveniences. Minutes from Orange County with Riverside County and all points east an easy drive. Multiple swimming pools and saunas, an exercise facility, a spa, billiards room, car wash, playground -- the list goes on. Green River Golf Club right next door for golf afficionados. Santa Ana River Bike/Walking Trail to the sea minutes away. .. .Green River Village.

30. 2016-09-16
    price $34,900

    Show marketing remark (983 chars)

    Updated throughout with newer kitchen cabinets, tile flooring, appliances. .. .new forced air heating. .. ceiling fans. .. gas range and oven. .. .breakfast bar. .. .dining area. .. .large living room. .. .corner lot. .. .two full baths tub and showers. .. all this nestled between the Cleveland National Forest and Chino State Park along the Santa Ana River, the bridge between Orange County and the Inland Empire. .. Stretched across 40 acres of trees. .. Green River Village. This family-friendly, gated community is perfect for people on the go who love the outdoors, but want to remain close to all the shopping conveniences. Minutes from Orange County with Riverside County and all points east an easy drive. Multiple swimming pools and saunas, an exercise facility, a spa, billiards room, car wash, playground -- the list goes on. Green River Golf Club right next door for golf afficionados. Santa Ana River Bike/Walking Trail to the sea minutes away. .. .Green River Village.

31. 2016-08-03
    listed $38,500 Active

    Show marketing remark (983 chars)

    Updated throughout with newer kitchen cabinets, tile flooring, appliances. .. .new forced air heating. .. ceiling fans. .. gas range and oven. .. .breakfast bar. .. .dining area. .. .large living room. .. .corner lot. .. .two full baths tub and showers. .. all this nestled between the Cleveland National Forest and Chino State Park along the Santa Ana River, the bridge between Orange County and the Inland Empire. .. Stretched across 40 acres of trees. .. Green River Village. This family-friendly, gated community is perfect for people on the go who love the outdoors, but want to remain close to all the shopping conveniences. Minutes from Orange County with Riverside County and all points east an easy drive. Multiple swimming pools and saunas, an exercise facility, a spa, billiards room, car wash, playground -- the list goes on. Green River Golf Club right next door for golf afficionados. Santa Ana River Bike/Walking Trail to the sea minutes away. .. .Green River Village.

32. 2011-11-28
    historical
33. 2011-11-16
    listed $28,500 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone A · 22% chance over 30 yrs
• 🔥 Wildfire 8/10 Severe
• 🌡 Heat 6/10 Major 7 d/yr ≥98°F today · 21 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 7/10 Severe 13 unhealthy d/yr today · 16 by 30 yrs out

Taxation est. · year 1

• Rental income: $34,036
• − Mortgage interest: −$7,842
• − Property taxes: −$2,100
• − Insurance: −$2,202
• − Repairs & maintenance: −$2,723
• − Management: −$2,723
• − Depreciation: −$4,073
• Taxable income: $12,373
• Est. tax owed @ 24.0%: −$2,969
• After-tax cash flow: $10,806/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

Amenities F Commute C- Cost of living F Crime B- Employment A+ Housing A- Health & safety D User ratings F

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 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%

Not yet ingested

• Political lean: —
• Race & ethnicity: —
• Common origin: —
• Civics: —

Market trends

• HPI YoY: ▲ 12.32%
• Current HPI: 574.78
• Rent YoY: ▲ 1.64%
• 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
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+391.2% since first listed

21 events — show timeline

• 2026-06-09 Relisted — CRMLS
• 2026-06-08 Pending — CRMLS
• 2026-04-23 Listed $140,000 CRMLS
• 2021-02-17 Listing Removed — CRMLS
• 2020-12-21 Relisted — CRMLS
• 2020-11-21 Pending — CRMLS
• 2020-11-13 Price Changed $79,900 CRMLS
• 2020-10-15 Relisted — CRMLS
• 2020-10-01 Contingent — CRMLS
• 2020-08-18 Listed $74,900 CRMLS
• 2017-01-06 Sold (MLS) $32,500 CRMLS
• 2016-12-30 Pending — CRMLS
• 2016-11-22 Contingent — CRMLS
• 2016-10-05 Relisted — CRMLS
• 2016-10-03 Pending — CRMLS
• 2016-09-29 Contingent — CRMLS
• 2016-09-25 Pending — CRMLS
• 2016-09-16 Price Changed $34,900 CRMLS
• 2016-08-03 Listed $38,500 CRMLS
• 2011-11-28 Listing Removed — CRMLS
• 2011-11-16 Listed $28,500 CRMLS

Property tax history

+2.2%/yr

Latest (2025): $317,002 · +3.4% YoY. Source: county tax records.