Active

570 Penrose

Corona, CA 92878
Mark as Favorite
Bed 10

Bed

Bath 8

Bath

SqFt8,276

Sqft(Lot)

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, in cluding 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!

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,799,900

AD Id : 91013117

MLS Id : OC26194182

Beds : 10

Lot Size : 8,276 Sqft

Year Built : 1964

Garage : 4

County : Riverside

Subdivision: Idlewild Park

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Interior Features

    Roof: Composition, Shingle
    Laundry Features: CommonArea, LaundryRoom
    Window Features: Blinds
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1964
    Building Area Total: 4700
    Construction Materials: Stucco
    Stories: 2
    Pool Features: None
    Private Pool: No
  • Exterior Features

    Exterior Features: Lighting

  • Lot Information

    Main Square Feet: 8276 Lot Size Acres: 0.19 Lot Size Source: Assessor Lot Size Square Feet: 8,276 Lot Description: CornerLot,DripIrrigationBubblers,Landscaped,Level,SprinklerSystem,Yard

    Property Information

    Subdivision: Penrose Drive Source Property Type: ResidentialIncome Property SubType: Quadruplex Levels: Two Property Age: 62

  • Listing Price Information

    Listing Price: $1799900
    CashToNewLoan, FHA, Submit, VaLoan

  • Tax Information

    Parcel Number: 119081025 Tax Lot: 13

  • Parking Information

    Parking Total: 4 DoorMulti, Garage, GarageDoorOpener, OffStreet, GarageFacesRear

    Garage Information

    Has Garage: Yes Garage Space: 4

  • Location Information

    Direction: Please use navigation WaterSource: Public Security Features: CarbonMonoxideDetectors,GatedCommunity,ResidentManager,SmokeDetectors,SecurityLights
Sell a home like this and save $107,495 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/08/2026 @ 11:37

MLS: OC26194182 LISTED BY: Cameron Davis, Selling OC Real Estate 949-350-0808 SOURCE: CRMLS

Homes around $1,799,900

Selling? Save $107,495 when you sell a home like this

Tour with a ByOwner Agent