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570 PenroseCorona, CA 92878

Penrose Drive · Riverside County

$1,799,900List price
4,700Sq Ft
1964Year built
0.19Acre lot
4Garage
2Stories
3 weeks agoOn market

Description

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!

Property Information

Property type
Residential Income
Sub-type
Quadruplex
Style
Contemporary
Year built
1964
Stories
2
Building area
4,700 Sq Ft
Lot size
0.19 acres
Garage spaces
4
Parking spaces
4
Days on market
22
MLS® Listing#
OC26194182

Property Features

Exterior
Lighting
Cooling
Central Air
Heating
Central
Fireplace
None
Pool
None
Parking
Garage · Garage Door Opener · Off Street · Garage Faces Rear
Laundry
Common Area · Laundry Room
Fencing
Wrought Iron
Lot features
Corner Lot · Landscaped · Level
Construction
Stucco
Roof
Composition · Shingle
Windows
Blinds
Security
Carbon Monoxide Detector(s) · Gated Community · Smoke Detector(s) · Security Lights
Community
Curbs · Street Lights · Suburban · Sidewalks · Gated
Sewer
Public Sewer
Water source
Public

Financial Details

HOA
None
Parcel number
119081025

Directions

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Listing Courtesy: Selling OC Real Estate - 949-350-0808

Presented by: Cameron Davis

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-03 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Licensed in the state of California.

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  • Krissy Allen

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