Millman Team Real Estate

$1,295,000
0.16 Acre Lot

1240 E Street, Corona, California 92882

  • Residential Income Property Type
  • Electric Gate Cars Garage
  • 2006 Year Built
Property Description

Exceptional investment opportunity in the heart of Corona! This fully remodeled 3-unit property offers strong cash flow potential with stable, on-time paying tenants already in place. All units will be delivered tenant-occupied, providing immediate income for the next owner.

Unit mix includes:

• 5 bedrooms / 2 bathrooms

• 4 bedrooms / 2 bathrooms

• 3 bedrooms / 2 bathrooms

Each unit has been recently upgraded, offering modern finishes and desirable layouts—ideal for long-term tenant retention and market-ready rent potential. Tenants are currently month-to-month, giving investors flexibility for future rental adjustments while maintaining steady income from day one.

With its size, location, and updated interiors, this property is perfect for investors seeking a turnkey, cash-flowing multi-family asset in a high-demand rental area.

Basic Details
Residential Income
For Sale
DW25263979
$1,295,000
2006
0.16 Acre
Active
1
Triplex
Features
: None
: Wall Furnace
: Electric Gate, Assigned
: All Bedrooms Down
: Common Area
: Private Sewer
$0
Address Map
CA
Riverside
Corona
West Corona Orange Tr.
92882
E
1240
Street
6th & Lincoln
248 - Corona
Additional Information
$0
$0
$0
$0
$0
3000
: Sidewalks
1
: One
: 0-1 Unit/Acre
3
2025-11-23
1
1
: Public
Broker/Agent Information
Century 21 Allstars
Karen Castillo
Listing Information
DWCASKAR
YCYA
Cash, Conventional
Active
2025-11-24T14:10:56Z
CRMLS
: Standard
2025-11-23T08:31:18Z
Agent info
Ray Millman
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