REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by James Wardlaw, DRE #02061381 • Sperry Commercial
$ 2,125,000
Est. payment /mo
New
801 S Merrill Corona, CA 92882
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26208059
Year Built 1964
Lot Size 7,405 Sqft
Source California Regional MLS
Property Description
801 S. Merrill Street is a nine-unit, two-story multifamily building in Downtown / Central Corona. Built in 1964, the property offers seven one-bedroom / one-bath units of approximately 600 SF and two two-bedroom / one-bath units of approximately 675 SF. Many of the units have been renovated, and the remaining interiors still offer clear room for improvement. Market rents run approximately $1,800-$1,950 for the one-bedrooms and $2,100-$2,250 for the two bedrooms. Units feature open living/kitchen layouts and wall A/C, with common-area laundry, eight covered and two uncovered parking spaces, and plenty of street parking nearby. The building sits in a walkable downtown grid (Walk Score 81) south of Sixth Street and inside the historic Grand Boulevard circle. Civic Center, library, local retail, and dining are nearby. I-15 runs just east of downtown and SR-91 is a short drive north via Main Street. North Main Metrolink is about one mile away. This is a value-add opportunity. With in-place rents averaging $1,639 on the one-bedrooms and $1,971 on the twobedrooms, a buyer can complete the interior program on the remaining units and move rents toward market. Downtown Corona remains a city revitalization target, which supports long-term location quality.
Location
State CA
County Riverside
Area 248 - Corona
Interior
Heating No Heating
Laundry Laundry Area
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 117212001
Special Listing Condition Not Applicable
Copyright 2026 MLSListings Inc All rights reserved.