1214 E Street, Corona, California 92882, Corona, 92882 - 3 bed, 2 bath
ACTIVE$650,000
1214 E Street, Corona, California 92882
3Beds
2Baths
1,196Sqft
7,841Lot
Price Vs. Estimate
The estimated value ($530,900.73) is $119,099.27 (18%) lower than the list price ($650,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1196.
Top Cons:
Contingent Sale: The sale is contingent upon the seller finding a suitable replacement property, which could introduce delays and uncertainty for the buyer.
Compared to the nearby listings
Price:$650.0K vs avg $815.0K ($-165,000)12%
Size:1,196 sqft vs avg 1,920 sqft8%
Price/sqft:$543 vs avg $43091%
More Insights
Built in 1947 (78 years old).
Condition: Built in 1947, this property is significantly aged. While one bathroom appears recently updated with modern tiling and vanity, the kitchen is very dated with old dark wood cabinets, laminate countertops, and a basic backsplash, requiring substantial rehabilitation. The flooring is a mix of dated tile and newer laminate, indicating piecemeal updates rather than a comprehensive renovation. Given the age, major systems (plumbing, electrical, HVAC) are likely original or very old, necessitating significant future investment, aligning with the 'poor' condition criteria for substantial repairs and rehabilitation.
Year Built
1947
Close
-
List price
$650K
Original List price
$680K
Price/Sqft
$543
HOA
-
Days on market
-
Sold On
-
MLS number
OC25065837
Home ConditionPoor
Features
Patio
View-
About this home
A charming 3-bedroom, 2-bathroom home that perfectly blends comfort, character, and convenience. Step inside to a bright, open floor plan with a spacious living area, a private primary suite, and warm, thoughtful touches throughout that add personality and style. This home has so much potential! Outside, the low-maintenance yard is ideal for both relaxed evenings and lively gatherings. The backyard serves as a private retreat—perfect for soaking up the sun or unwinding under the stars or the addition of an ADU! This property has solar! Motivated Seller! BONUS !!!!!!!!!! CONCESSIONS FOR BUYERS CLOSING COSTS Sale is contingent on seller finding suitable property to purchase.
Condition Rating
Poor
Built in 1947, this property is significantly aged. While one bathroom appears recently updated with modern tiling and vanity, the kitchen is very dated with old dark wood cabinets, laminate countertops, and a basic backsplash, requiring substantial rehabilitation. The flooring is a mix of dated tile and newer laminate, indicating piecemeal updates rather than a comprehensive renovation. Given the age, major systems (plumbing, electrical, HVAC) are likely original or very old, necessitating significant future investment, aligning with the 'poor' condition criteria for substantial repairs and rehabilitation.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1196.
Solar Power System: The property is equipped with solar panels, offering reduced energy costs and environmental benefits for the homeowner.
Buyer Incentives: The motivated seller is offering concessions for buyer closing costs, providing a direct financial advantage and making the purchase more attractive.
ADU Potential: The spacious backyard offers significant potential for the addition of an Accessory Dwelling Unit (ADU), enhancing property value and income opportunities.
Low-Maintenance Outdoor Space: The yard is designed for low maintenance, appealing to buyers seeking convenience and more leisure time.
Charming & Functional Interior: The home features a bright, open floor plan with a private primary suite and thoughtful touches, blending character with modern living comfort.
Cons
Contingent Sale: The sale is contingent upon the seller finding a suitable replacement property, which could introduce delays and uncertainty for the buyer.
Property Age: Built in 1947, the home's age may imply potential for aging major systems (e.g., plumbing, electrical, HVAC) that are not explicitly mentioned as having been updated, potentially leading to future expenses.
Lack of Desirable Views: The property description explicitly states 'view: None,' which may be a drawback for buyers prioritizing scenic outlooks.