570 Penrose DR, Corona, CA 92878 (MLS # OC26194182)
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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!
| DAYS ON MARKET | 0 | LAST UPDATED | 9/7/2026 |
|---|---|---|---|
| TRACT | Penrose Drive | YEAR BUILT | 1964 |
| COMMUNITY | 248 - Corona | GARAGE SPACES | 4.0 |
| COUNTY | Riverside | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 248 - Corona |
| CONSTRUCTION | Stucco |
| EXTERIOR | Lighting |
| GARAGE | Yes |
| HEAT | Central |
| LOT | 8276 sq ft |
| LOT DESCRIPTION | Corner Lot, Landscaped, Level |
| LOT DIMENSIONS | 8276 |
| PARKING | Garage, Garage Door Opener, Off Street, Garage Faces Rear |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Contemporary |
| SUBDIVISION | Penrose Drive |
| WATER | Public |
TOTAL MONTHLY PAYMENT
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