319 S Joy, Corona, California 92879, Corona, 92879 - 4 bed, 3 bath

ACTIVE$690,000
319 S Joy, Corona, California 92879
4Beds
3Baths
1,816Sqft
7,405Lot
Year Built
1922
Close
-
List price
$690K
Original List price
$649K
Price/Sqft
$380
HOA
-
Days on market
-
Sold On
-
MLS number
OC25265047
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 11% below the list price. We found 4 Cons,6 Pros. Rank: price - $690.0K(33th), sqft - 1816(53th), beds - 4(50th), baths - 3(50th).
Great Investment Opportunity! Two houses on the lot and a studio on the side of the front house. Excellent price that just less than the price of one house. What are you waiting for! It's a great location surround by many convenient stores, supermarkets, shopping places and easy to exit to freeway 91 and 15. Do not disturb tenants, drive by only! Make an appointment to show the exterior and studio only. The property sells as-is. DO NOT MISS THIS GOLDEN OPPORTUNITY!
Price History
Date
Event
Price
11/29/25
Listing
$649,000
11/29/25
Price Change
$690,000
10/30/14
Sold
$286,000
Condition Rating
Poor
The property, built in 1922, is over a century old and is explicitly being sold 'as-is' with no interior access for assessment of the main houses. The listing's own analysis indicates its 'advanced age' and the likelihood of 'requiring significant updates to plumbing, electrical, and other systems, as well as potential structural repairs.' Without any evidence of recent major renovations, it is highly probable that the kitchens, bathrooms, and all major systems are severely outdated, worn, and require substantial repairs or replacement to meet modern standards and ensure safety and comfort. This aligns with the 'poor' condition criteria, indicating substantial repairs and rehabilitation are needed.
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 = 7405, living area = 1816.
Multiple Dwelling Units: The property features two houses and an additional studio on the lot, offering significant potential for rental income or multi-generational living arrangements.
Investment Potential: Explicitly marketed as a 'Great Investment Opportunity' with a perceived competitive price for the number of units, appealing to investors.
Prime Location & Accessibility: Conveniently located near stores, supermarkets, and shopping places, with easy access to major freeways 91 and 15.
Generous Lot Size: A 7,405 sqft lot provides ample space for the existing multiple structures and potential for outdoor amenities.
Perceived Value Proposition: The listing highlights the price as 'less than the price of one house' for multiple units, suggesting a strong value proposition for potential buyers.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1816, other record living area = 1210. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Restricted Access & Tenant Occupancy: The property is tenant-occupied with strict showing limitations (exterior and studio only), preventing potential buyers from fully assessing the interior condition of the main houses.
Sold 'As-Is' Condition: Being sold 'as-is' implies the seller will not undertake repairs, placing the burden of any necessary renovations or deferred maintenance entirely on the buyer.
Advanced Age of Property: Built in 1922, the property is over a century old, likely requiring significant updates to plumbing, electrical, and other systems, as well as potential structural repairs.


