Buy with Yoreevo
$3,428,925
List Price: $3,490,000
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5626 & 5628 Van Cleef Street
House in Corona •  building info
studio • 2,689ft² $1,298 per ft²
Buy with Yoreevo

$3,428,925

List Price

$3,490,000

Key Details
Listed today
Last price change
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Estimated payment
$19,407/mo
Taxes
$575/mo
Maintenance
N/A
Description
RARE TURNKEY MULTIFAMILY INVESTMENT IN PRIME CORONA! Outstanding 7.2% Cap Rate with a Net Operating Income (NOI) of $251,447. This exceptional property consists of two meticulously maintained, adjacent fireproof buildings built in 2007, offering a total of 14 residential units. One unit is configured as a free-market 3-bedroom, 2.5-bath duplex and may be delivered vacant. Features include private balconies, in-unit washer/dryer, and en-suite bathroom. Remaining units are rent-stabilized and include granite countertops, tiled flooring, and updated bathrooms. Buildings are equipped with sprinkler systems, rubber roofing, finished basement and access to outdoor space. Units are separately metered, with tenants responsible for heat, gas, and electricity. Located within an R6B zoning district with proximity to public transportation, major roadways, and commercial corridors, fully occupied with strong tenant demand.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$3,490,000
Asking Price: $3,490,000
Term
30 Years
Down Payment
$349,000 (10%)
Min: 10% (349,000)
Rate
6.0 %
Mortgage Amount
$3,141,000
Mortgage Payment
$18,832
Taxes
$575
Estimated Yoreevo rebate
$61,075
Estimated closing cost
$134,000
Total monthly cost $19,407
Buy your dream home with us and get an estimated $61,075 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Lin Pan Realty Group

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