927 Alta Loma Drive, Corona, California 92882, Corona, 92882 - 4 bed, 2 bath

927 Alta Loma Drive, Corona, California 92882 home-pic-0
ACTIVE$799,900
927 Alta Loma Drive, Corona, California 92882
4Beds
2Baths
1,846Sqft
6,970Lot

Price Vs. Estimate

The estimated value ($759,795.95) is $40,104.05 (5%) lower than the list price ($799,900). This property may be overpriced.

Key pros and cons

Top Pros:
Multi-Generational Living/Income Potential: Designed as a 'Next Gen Home' with a separate section including a living/family room, bedroom, and office, ideal for in-laws, guests, or potential rental income.
Top Cons:
Age of Property: Built in 1955, the property, despite updates, may have underlying older infrastructure (e.g., plumbing, electrical, roof) that could require future maintenance or upgrades not explicitly mentioned.

Compared to the nearby listings

Price:$799.9K vs avg $815.0K ($-15,100)47%
Size:1,846 sqft vs avg 1,920 sqft46%
Price/sqft:$433 vs avg $43052%

More Insights

Built in 1955 (70 years old).
Condition: Despite being built in 1955, this property has undergone significant and tasteful renovations, particularly in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, white quartz countertops, subway tile backsplash, and stainless steel appliances including a double oven. The bathrooms are also updated with modern vanities, fixtures, and tiled showers. Flooring is a mix of well-maintained hardwood and clean carpet. Light fixtures are updated throughout. The property is move-in ready with no immediate renovations required, aligning with the 'good' condition criteria for a home extensively renovated within the last 5-15 years, even if the original structure is older.
Year Built
1955
Close
-
List price
$800K
Original List price
$829K
Price/Sqft
$433
HOA
-
Days on market
-
Sold On
-
MLS number
PW25091992
Home ConditionGood
Features
Patio
View-

About this home

Price Improvement!!!.Welcome to this Next Gen Home, offering both a blend of timeless charm and modern upgrades. Residence boasts an updated kitchen and bath, seamlessly blending contemporary convenience with classic appeal. This home welcomes you with open arms, featuring an open floor plan that provides flexible space for work or leisure. The bedrooms are generously sized, creating comfortable retreats for every member of the household with ample closet and storage spaces. Hallway with a private door leads to separate section of the house featuring its own Living/family room, private bed room and an office. This section could be used as a guest/in-laws space. Multiple sliding doors allows several access to a private and tranquil backyard, where serenity meets outdoor living creating an oasis for both solitude and gatherings with friends and family. A detached oversize garage opens up possibilities, presenting the potential for conversion into an Accessory Dwelling Unit (ADU), providing additional living space or income potential. Nestled in a welcoming family neighborhood, 927 Alta Loma is in close proximity to Corona High School and Jefferson elementary school and Middle School making it an ideal location for families with students. This property represents the perfect opportunity for a first-time buyer looking to establish roots, an investor, or those ready to move up from a condo into a Single Family Residence. The possibilities are endless, and the potential for personalization and growth is there. Don't miss your chance to own this special home!

Condition Rating
Good

Despite being built in 1955, this property has undergone significant and tasteful renovations, particularly in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, white quartz countertops, subway tile backsplash, and stainless steel appliances including a double oven. The bathrooms are also updated with modern vanities, fixtures, and tiled showers. Flooring is a mix of well-maintained hardwood and clean carpet. Light fixtures are updated throughout. The property is move-in ready with no immediate renovations required, aligning with the 'good' condition criteria for a home extensively renovated within the last 5-15 years, even if the original structure is older.
Pros & Cons

Pros

Multi-Generational Living/Income Potential: Designed as a 'Next Gen Home' with a separate section including a living/family room, bedroom, and office, ideal for in-laws, guests, or potential rental income.
ADU Conversion Potential: The detached oversized garage offers significant potential for conversion into an Accessory Dwelling Unit (ADU), enhancing living space or generating additional income.
Modernized Interiors: The residence features an updated kitchen and bath, providing contemporary convenience and reducing immediate renovation needs for buyers.
Desirable Family Location: Situated in a welcoming family neighborhood with close proximity to Corona High School and Jefferson Elementary/Middle School, making it attractive for families with students.
Flexible Layout & Outdoor Oasis: An open floor plan offers flexible space for various uses, complemented by a private and tranquil backyard designed for relaxation and entertaining.

Cons

Age of Property: Built in 1955, the property, despite updates, may have underlying older infrastructure (e.g., plumbing, electrical, roof) that could require future maintenance or upgrades not explicitly mentioned.
Lack of Explicit Cooling System: The description does not mention a central air conditioning system, which could be a significant drawback for comfort during hot Corona summers.
Price Reduction History: A recent 'Price Improvement' (reduction from $829,000 to $799,900) suggests the property may have been initially overpriced or has experienced longer market time, potentially indicating market resistance.

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