N/A Homes with Apartment Subtype

N/A Homes with Apartment Subtype

Welcome to the vibrant world of California living, where sun-kissed beaches meet bustling city life! Nestled in the heart of this golden state, our featured homes with apartment subtypes offer a unique blend of comfort and convenience, perfect for those seeking a dynamic lifestyle.

Imagine waking up in a stylish apartment that boasts modern amenities and spacious layouts, designed to cater to your every need. These homes often feature open-concept living spaces, gourmet kitchens, and private balconies that allow you to soak in the California sunshine. Whether you’re an urban dweller or someone who loves the tranquility of suburban life, these properties provide a perfect retreat.

What truly sets these homes apart is their location. Many are situated within lively neighborhoods that offer a plethora of dining, shopping, and recreational opportunities. Enjoy weekend strolls through charming local parks, or explore trendy cafes and boutiques just steps from your front door. For those who thrive on an active lifestyle, nearby gyms, hiking trails, and coastal paths are just waiting to be discovered.

California’s diverse culture adds to the allure of these homes, with a rich tapestry of art, music, and culinary experiences to explore. From farmer's markets to cultural festivals, there's always something happening in the community.

Whether you're looking for a cozy studio or a spacious multi-bedroom apartment, our selection of homes in California promises a lifestyle filled with excitement, comfort, and endless possibilities. Embrace the California dream and find your perfect home today!

Newest N/A Homes with Apartment Subtype

712 S Howard, Corona
$2,000,000
CV26189840 MLS ⋅ Active Under Contract Status
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 has completed several capital improvements, including the refurbishment of six units, installation of tile showers in seven units, copper water line repiping approximately 10 years ago, and roof replacement approximately six to seven years ago. Most water heaters have also been replaced, and electric heaters were installed approximately five to seven years ago. Additional features include ample tenant parking and an on-site laundry room. The property is all-electric with no gas service. The property benefits from a central Corona location with convenient access to employment, shopping, dining, transportation, and everyday amenities. Nearby State Route 91 and Interstate 15 provide connectivity throughout the Inland Empire, Orange County, and the greater Southern California region. Please do not disturb tenants, walk the property, or contact anyone at the property. Interior inspections will be conducted only upon an accepted offer.

712 S Howard, Corona

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