712 S Howard, Corona, CA 92879

Corona
Local realty services provided by:ERA North Orange County Real Estate
712 S Howard,Corona, CA 92879
$2,000,000
  • 4 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: gisele pinedo, kevin struve
Office: marcus & millichap
MLS#:CV26189840
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,000,000

About this home

We are pleased to present the The Howard Apartments, a 10-unit multifamily investment property located at 712 S Howard Street in Corona, California. The property is currently operating at approximately a 5.04% cap rate with rents approximately 20% below market, providing investors with an attractive value-add opportunity and potential for future income growth. Effective January 2027, scheduled rent increases across all 10 units will generate an additional $950 per month in rental income, or approximately $11,400 annually. Based on current operating performance, these increases are projected to result in an approximate 5.60% cap rate, with additional rental upside providing the potential for a pro forma cap rate approaching 7.00%. Built in 1963, the two-story property consists of approximately 6,000 square feet on an approximately 7,405-square-foot lot. The unit mix consists entirely of 10 one-bedroom / one-bathroom units averaging approximately 600 square feet each. Current ownership...

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Home facts

  • Listing ID #:CV26189840
  • Added:2 day(s) ago
  • Updated:September 01, 2026 at 02:41 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4

Structure and exterior

  • Levels:2 Story

Finances and disclosures

  • Price:$2,000,000
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