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520 E 8th Street, Corona, California 92879, Corona, 92879 - 4 bed, 1 bath

520 E 8th Street, Corona, California 92879 home-pic-0
ACTIVE$624,900
520 E 8th Street, Corona, California 92879
4Beds
1Bath
1,700Sqft
7,841Lot
Year Built
1909
Close
-
List price
$625K
Original List price
$649K
Price/Sqft
$368
HOA
-
Days on market
-
Sold On
-
MLS number
RS25179125
Home ConditionPoor
Features
Good View: None
Patio
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $624.9K(15th), sqft - 1700(43th), beds - 4(50th), baths - 1(5th).

Attention all investors – bring your vision and transform this property into one of Corona’s finest! Located on E 8th St in a highly sought-after neighborhood known for its custom homes and generous lot sizes, this spacious 4-bedroom residence offers an expansive formal living room, a large family dining area, and a kitchen with ample counter space, ready for your updates. Additional features include a dedicated work/office area and a 7,841 sq. ft. lot within walking distance to local schools and parks. This is an exceptional opportunity to keep your rehab crew busy and create a standout investment. Buyers and agents to verify all information, including square footage, with the City of Corona.

Price History

Date
Event
Price
09/03/25
Price Change
$624,900-3.7%
08/14/25
Listing
$649,000
Condition Rating
Poor
Built in 1909, this property is over 100 years old and clearly marketed as a 'rehab' opportunity for investors. The kitchen features severely outdated wood cabinets, worn countertops, and old tile flooring, requiring a complete overhaul. The single bathroom for four bedrooms is also extremely dated with old tiles, basic fixtures, and visible wear, necessitating a full renovation. While some laminate flooring has been installed, the overall condition, particularly in the critical kitchen and bathroom areas, indicates a need for substantial repairs and rehabilitation to meet modern living standards, aligning with a 'poor' condition score.
Pros & Cons

Pros

Strong Investment Potential: Explicitly marketed as an investor opportunity, this property offers significant value-add potential through comprehensive renovation in a desirable area.
Prime Location: Situated in a highly sought-after Corona neighborhood known for custom homes and generous lot sizes, with convenient walking access to local schools and parks.
Generous Lot Size: The expansive 7,841 sq. ft. lot provides ample outdoor space, offering potential for landscaping, outdoor living enhancements, or future expansion.
Spacious Floor Plan: A spacious 4-bedroom residence featuring an expansive formal living room, large family dining area, and a dedicated work/office space, providing a solid foundation for modernization.
High Bedroom Count: With four bedrooms, the property offers excellent utility and broad appeal to families or those requiring multiple dedicated spaces.

Cons

Extensive Renovation Required: The property is explicitly noted as needing significant updates and a 'rehab crew,' indicating substantial capital investment and time will be necessary to bring it to modern standards.
Limited Bathroom Facilities: Only one bathroom for a four-bedroom residence is a major functional deficiency for modern living and will likely necessitate adding more bathrooms during renovation.
Historic Age (1909): Built in 1909, the property likely has outdated systems (electrical, plumbing, HVAC) and potential for lead paint or asbestos, requiring comprehensive and costly upgrades.

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