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720 S Buena Vista Avenue, Corona, California 92882, Corona, 92882 - bed, bath

720 S Buena Vista Avenue, Corona, California 92882 home-pic-0
ACTIVE$880,000
720 S Buena Vista Avenue, Corona, California 92882
0Bed
0Bath
1,946Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($340,224.495) is $539,775.505 (61%) lower than the list price ($880,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income Potential/Multi-Generational Living: Features two distinct residences on one lot, including a newly built (2024) detached ADU, ideal for rental income or multi-generational families.
Top Cons:
Age of Main Structure: The main house was built in 1912, and while updated, its age may still present potential for unforeseen maintenance or require further modernization of certain systems not explicitly mentioned (e.g., electrical panel, foundation).

Compared to the nearby listings

Price:$880.0K vs avg $819.9K (+$60,100)62%
Size:1,946 sqft vs avg 1,941 sqft51%
Price/sqft:$452 vs avg $43062%

More Insights

Built in 1912 (113 years old).
Condition: This property features a brand-new detached ADU built in 2024 and a new 2-car garage from 2022. The main house, while built in 1912, has undergone extensive and recent renovations, including newer copper plumbing and a sewer drain line installed in 2020, newer double-pane windows, stylish flooring, and elegant crown molding. The kitchen boasts modern white shaker cabinets, granite countertops, and stainless steel appliances, appearing virtually new. The bathroom is also recently updated with a modern glass-enclosed shower and contemporary vanity. These comprehensive updates, particularly within the last 5 years, bring the property's condition to an excellent standard, making it move-in ready with minimal physical depreciation, despite the main house's original build year.
Year Built
1912
Close
-
List price
$880K
Original List price
$880K
Price/Sqft
$452
HOA
-
Days on market
-
Sold On
-
MLS number
PW25047489
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Welcome to a truly unique property offering not just one, but two beautifully upgraded houses on the same lot! The main house features 4 bedrooms and 2 bathrooms and is approximately 1,504 square feet, boasting newer double-pane windows, stylish newer flooring, and elegant crown molding throughout. Major updates have been handled for you, with newer copper plumbing and a newer sewer drain line installed in 2020. But wait, there's more! The detached guest house (ADU), built in 2024, offers a modern 1-bedroom, 1-bathroom layout complete with it's own laundry hookups and offering 442 square feet of comfortable living space. Even better, it comes equipped with its own 1.45kW solar system, which is owned free and clear, helping keep those energy bills in check. Outside, you'll find a brand-new 2-car garage (2022), a newer concrete driveway with ample parking, and a fully fenced yard with a convenient rolling gate for added privacy and security. With thoughtful upgrades and move-in-ready appeal, this property is perfect for multi-generational living, rental income, or just spreading out in style.

Condition Rating
Excellent
This property features a brand-new detached ADU built in 2024 and a new 2-car garage from 2022. The main house, while built in 1912, has undergone extensive and recent renovations, including newer copper plumbing and a sewer drain line installed in 2020, newer double-pane windows, stylish flooring, and elegant crown molding. The kitchen boasts modern white shaker cabinets, granite countertops, and stainless steel appliances, appearing virtually new. The bathroom is also recently updated with a modern glass-enclosed shower and contemporary vanity. These comprehensive updates, particularly within the last 5 years, bring the property's condition to an excellent standard, making it move-in ready with minimal physical depreciation, despite the main house's original build year.
Pros & Cons

Pros

Income Potential/Multi-Generational Living: Features two distinct residences on one lot, including a newly built (2024) detached ADU, ideal for rental income or multi-generational families.
Extensive Recent Renovations: The main house boasts significant updates including newer double-pane windows, flooring, crown molding, copper plumbing (2020), and a new sewer drain line (2020).
New Infrastructure & Parking: Includes a brand-new 2-car garage (2022) and a newer concrete driveway providing ample parking, enhancing functionality and curb appeal.
Energy Efficiency: The detached ADU is equipped with an owned 1.45kW solar system, offering reduced energy costs.
Move-in Ready Condition: The property is described as having 'thoughtful upgrades and move-in-ready appeal,' minimizing immediate buyer expenses.

Cons

Age of Main Structure: The main house was built in 1912, and while updated, its age may still present potential for unforeseen maintenance or require further modernization of certain systems not explicitly mentioned (e.g., electrical panel, foundation).
Lack of Specified HVAC for Main House: The description does not mention a central air conditioning or heating system for the main house, which could be a significant drawback in Corona's climate.
Limited ADU Size: The detached ADU, while new, is relatively compact at 442 square feet, which might be a constraint for some tenants or family members seeking more spacious living.

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