Property Detail

Description

Welcome to 800 South Joy Street — a rare triplex opportunity in the heart of Corona, perfect for savvy investors or multi-generational living. This unique property features three separately metered units for gas and electric, each with its own address, offering excellent rental income potential in a commuter-friendly location. The main front unit is a traditional 2-bedroom, 1-bath home with a functional layout that includes a spacious living room, separate dining area, kitchen, and dedicated laundry room. The second unit, attached to the main house, is a well-sized studio featuring a kitchen, open living/sleeping area, a walk-in closet, and a 3/4 bath — ideal for a tenant looking for a smaller, private space. The third unit sits at the back of the property and offers privacy with a 1-bedroom, 1-bath floor plan. It includes a walk-in closet, a separate living room, and a kitchen. Also on the property is an additional structure — a small room that could be converted into a storage unit, home office, or creative flex space to add even more value. While the property does require significant repairs and renovations, this property has strong potential to be a cash-flowing asset once stabilized. This property is minutes from major freeways, shopping centers, schools, and dining — a truly centralized location that’s always in demand. Don't miss this opportunity to build sweat equity and turn this triplex into a profitable rental property in the thriving city of Corona!