20154 State Street, Corona, California 92881, Corona, 92881 - 4 bed, 2 bath

20154 State Street, Corona, California 92881 home-pic-0
ACTIVE$650,000
20154 State Street, Corona, California 92881
4Beds
2Baths
2,326Sqft
13,939Lot
Year Built
1980
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$279
HOA
-
Days on market
-
Sold On
-
MLS number
IG25086504
Home ConditionFair
Features
Good View: City Lights, Hills, Mountain(s)
Deck
ViewCity Lights,Hills,Mountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $650.0K(4th), sqft - 2326(48th), beds - 4(50th), baths - 2(24th).

***Investors' Dream Opportunity!*** Welcome to this truly unique home nestled in a secluded area of South Corona, situated in the foothills of El Cerrito. This 4-bedroom, 2-bath, 2,326 sq ft home is waiting for your personal touch. Situated on a spacious 13,939 sq ft lot with ADU potential. This home offers solid bones and a perfect canvas for the DIY enthusiasts to transform. Whether you're a first-time buyer or seasoned investor, this property promises incredible value. The split-level single story design features 3 bedrooms upstairs, including a master bedroom with its own balcony boasting breathtaking views. Upon entering, you'll find a formal living and dining area, ideal for flexible use. The open kitchen faces a family room with vaulted ceilings and a fireplace, leading to a sizable covered balcony overlooking the backyard with a view, perfect for entertaining. The lower level, a versatile room with a sliding patio door that opens to the expansive backyard with lots of fruit trees. The down stairs is suitable as a bedroom, office, or entertainment space or game room. A cellar is located under a significant portion of the house, with ample room for endless storage. The garage offers two-car parking with plenty of storage, featuring a newly installed door and garage motor. RV enthusiasts will appreciate the large RV parking area with one pave side (90'x13' or more), accommodating RVs, commercial trucks, or trailers. This home, on well water and septic since 1980. Ideally located near schools, shopping, restaurants, parks, golf, hiking, biking, and offers easy access to the 15 and 91 freeways. Don't miss out on this opportunity to own a secluded retreat in South Corona!

Price History

Date
Event
Price
04/20/25
$650,000
Condition Rating
Fair

The property was built in 1980, making it over 40 years old. While the description notes 'solid bones' and it appears well-maintained, the interior, especially the kitchen, is significantly outdated. The kitchen features original-era white cabinets, laminate countertops, white appliances, and white tile flooring, all showing signs of age and an outdated style. No bathroom images were provided, but it's reasonable to assume they are similarly dated. The overall aesthetic, including flooring and light fixtures, is consistent with its build year, indicating no major renovations have occurred since construction. The property is functional and livable but requires substantial cosmetic updates to meet current standards, aligning with a 'Fair' condition.
Pros & Cons

Pros

Investment & Renovation Potential: Positioned as an 'Investors' Dream Opportunity' and a 'perfect canvas for DIY enthusiasts,' offering significant value appreciation through personalized updates and modernization.
Expansive Lot with ADU Potential: A spacious 13,939 sq ft lot provides ample outdoor space and the valuable potential for an Accessory Dwelling Unit (ADU), enhancing future income or living options.
Panoramic Views: Features breathtaking views of city lights, hills, and mountains from multiple vantage points, including a master bedroom balcony and covered patio, adding significant aesthetic appeal.
Extensive RV/Commercial Parking: Offers a large, paved RV parking area (90'x13'+) capable of accommodating RVs, commercial trucks, or trailers, a rare and highly sought-after amenity.
Versatile Layout & Ample Storage: The split-level design includes a flexible lower-level room suitable as a bedroom, office, or entertainment space, and a substantial cellar, providing diverse living arrangements and extensive storage solutions.

Cons

Dated Condition & Renovation Required: Built in 1980 and described as needing a 'personal touch,' indicating the property requires significant modernization and renovation to meet contemporary standards.
Private Well & Septic System: Relies on well water and a septic system, which may present ongoing maintenance considerations and potential costs compared to properties connected to municipal utilities.
Split-Level Floor Plan: While offering versatility, the split-level design might not appeal to all buyers, particularly those seeking single-level living or a more traditional multi-story layout.

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