712 S Howard
Corona, CA 92879
10
Bed
10
Bath
7,405Sqft(Lot)
We are pleased to present the The Howard Apartments, a 10-unit multifamily investment property located at 712 S Howard Street in Corona, California. The property is currently operating at approximately a 5.04% cap rate with rents approximately 20% below market, providing investors with an attractive value-add opportunity and potential for future income growth. Effective January 2027, scheduled rent increases across all 10 units will generate an additional $950 per month in rental income, or approximately $11,400 annually. Based on current operating performance, these increases are projected to result in an approximate 5.60% cap rate, with additional rental upside providing the potential for a pro forma cap rate approaching 7.00%. Built in 1963, the two-story property consists of approxim
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Heating & Cooling
Heating: None
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Building Information
Year Built: 1963Building Area Total: 6000Stories: 2Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 7405 Lot Size Acres: 0.17 Lot Size Source: Assessor Lot Size Square Feet: 7,405 Lot Description: ElevenToFifteenUnitsAcreProperty Information
Subdivision: N/A Source Property Type: ResidentialIncome Property SubType: Apartment Levels: Two Property Age: 63
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Listing Price Information
Listing Price: $2000000Cash, CashToNewLoan
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Tax Information
Parcel Number: 117194011 Tax Lot: 4 Tax Block: 117 Annual Tax: $22493
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Virtual Tour
Parking Information
Assigned, Asphalt, OffSite, OnSite
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Location Information
Direction: Located on South Howard Street and 7th st WaterSource: Public
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ByOwner last updated this listing 09/02/2026 @ 12:20
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