Trimark Realty
1020 La Terraza primary photo
Active·Multi-Family

$430,000

-$5,000
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1020 La Terraza, Corona CA 92879

2 beds2 baths941 sqft

Multi-Family

Property type

59 days

On market

$457

Price per sqft

1 car

Garage

1991

Year built

N/A

Lot size

Home highlights

Central HeatAssociation PoolGarage

Open Houses

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Overview

Turnkey rental in highly desired Triana at Corona Ranch. This is an upgraded condo that features all new Milgard dual pane windows and sliders, granite counter tops in kitchen and bathroom, upgraded cabinets, stainless steel appliances, wood laminate and tile floors, crown molding, walk in closet in master bedroom, in door laundry, washer, dryer, and fridge is included, gated...

Listing provided by: Trisha Heckendorn DRE #01420507, HOMEQUEST REAL ESTATE

Listing updated: May 11, 2026 at 11:03pm.

Last checked: Jun 5, 2026 at 01:30pm

Source: CRMLS #CV26071489

Multi-family Analysis

Unit Information

UnitsBedsBathsGarageActual RentTotal RentPro FormaFurnished?
1221$2,350$2,350$2,350Unfurnished
  • # of Buildings: 1

  • # of Units Total: 1

  • Separate Electric Meters: 1

  • Separate Gas Meters: 0

  • Separate Water Meters: 0

  • Rent Control: No

  • Units Leased: 1

  • Total Actual Rent: $2,350

  • Tenant Pays: Electricity

Financial Snapshot

Gross Rent Multiplier

15.2x

List Price / Annual Gross Rent

Cap Rate

3.96%

NOI / List Price

  • Gross Scheduled Income: $28,200

  • Operating Expense: $11,183

  • Net Operating Income: $17,017

Annual Operating Expenses

  • Electric: $0

  • Fuel: $0

  • Insurance: $650

  • New Taxes: $4,535

  • Trash: $0

  • Water / Sewer: $0

  • Other Expense: $5,988

Interior

  • Heating: Central

  • Laundry: Laundry Closet

  • Entry Location: 1

Exterior

  • Property Attached: Yes

  • Stories Total: 1

  • Levels: One

  • Common Walls: Two Common Walls Or More

  • Pool: Association

  • Water Source: Public

  • Sewer: Public Sewer

Garage and Parking

  • Parking: Door Single, Garage

  • Garage Spaces: 1

  • Parking Total: 1

Lot Information

  • Land Lease: No

  • Common Interest: Condominium

  • Parcel #: 122412068

  • Additional Parcels: No

  • Tax Lot: 1

  • Tax Block: 19

  • Subdivision: Triana

Community

  • HOA: Yes

  • HOA Fee: $499 / Month

  • HOA Name: Triana

  • HOA Amenities: Clubhouse, Fitness Center, Barbecue, Pool, Spa / Hot Tub

  • Senior Community: No

  • Community Features: Golf, Hiking, Park

Nearby Schools

Nearby schools around the 1020 La Terraza, Corona, CA 92879. Contact the school or district directly to verify enrollment eligibility.

Payment Calculator

Total Principal

$344,000

Total Interest

$438,753

Total Payment

$782,753

Payoff Date

Jun 2056

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PMI is disabled automatically when your down payment is 20% or more.

Est. Payment

$3,271

per month

Principal
$311
Interest
$1,863
Property Tax
$448
Home Insurance
$150
PMI
$0
HOA
$499

Property History for 1020 La Terraza

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Corona Market Snapshot

Market stats compare this property with recent MLS activity for similar property types in 92879.

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