Active
1131 Olympic Drive
Corona CA, 92881
$7,772,138
$298.00 per sqft
Active
26,081 sqft
Commercial
Built in 1990
Listed by YONG GAO with HEBRON EQUITIES INC. 626-864-1598
*This industrial property presents a prime investment opportunity.
*A 5.5% Cap Rate is based on the lease rent and reimbursement
*5.5% Cap Rate (Pro Forma)
*It's fully leased to two tenants, with the current lease expiring on 1/31/2026. Total two units: unit #1 includes both a warehouse and offices, while Unit #2 is solely an office space
*Free Standing Building ( There is a gap between the two building walls. no shared wall).
*Private Fenced Yard with 6-8 trailer-parking spaces. Total 3 restrooms including 2 restrooms in the warehouse area and 1 restroom in the office area. *Total Office size: 3393 sqft.
WS23154409
MLSⓇ ID
August 17, 2023
Listed
March 28, 2024
Updated
Map
1131 Olympic Drive
Corona CA, 92881
Interior Features
Total Stories
1
Laundry Description
None
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
1.29 Acres
Lot Features
0-1 Unit/Acre
Other Property Details
Area Name
248 - Corona
Days on Market
143
Garage
No
Parking Total
38
View
No
County
Riverside
Water Source
Public
Pool
No
Zoning
M-4
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
|---|---|---|
1/8/2024 | Price Change | $7,772,138 -12% |
Listing Contact: 626-864-1598
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/28/2024 at 1:56 PM UTC