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7979 Minnesota Rd, Corona, CA 92881
About this home
A truly unique offering in the Corona market, this six-unit multifamily property is a rare find for a savvy investor. There are no other properties of this size on the market, making this an unparalleled chance to acquire a significant, income-generating asset. This is a turnkey investment with all six units currently occupied by tenants, providing immediate, stable cash flow from day one. The property consists of six identical units, each featuring a spacious 2-bedroom, 1-bathroom layout. A dedicated single-car garage for each unit adds significant value and tenant appeal. While the location may not be considered prime, this property's high-occupancy history and consistent rental income showcase its proven performance and strong cash flow. This is a perfect opportunity for a strategic buyer to expand their portfolio and benefit from a high-yield asset that is insulated from the volatility of single-family rentals. The unique size of this property means less competition and a higher barrier to entry, protecting your investment for the long term.
Redfin Estimate
Market trends in 92881, CA
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
0 days MoM
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Provided by Redfin
Sale history for 7979 Minnesota Rd
$272/sq ft
$300/sq ft
$356/sq ft
$358/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Property details
Parking
- Parking / Garage Information
- # of Garage Spaces: 6
- Garage - Single Door, Garage - Front Entry, Driveway
- Has Parking
- # of Parking Spaces: 6
Interior
- Laundry Information
- Has Laundry
- In Garage
- Kitchen Information
- Appliances: Electric Water Heater, Refrigerator, Free Standing Range
- Has Appliances
- Cooling Information
- Wall Window
- Has Cooling
- Room Information
- All Bedrooms Down, Family Room, Galley Kitchen
- Fireplace Information
- See Remarks, Family Room
- Has Fireplace
- Flooring Information
- Vinyl
- Heating Information
- Wall Heater
- Has Heating
- Interior Features
- Entry Level: 1
- Entry Location: 6
- Unit Type 1 Information
- Unit Key Numeric: 404575343
- Listing Key Numeric: 375142076
- Actual Rent: $1,431
- Total # of Baths: 1
- # of Baths Full: 1
- Attached Garage: Yes
- Total # of Beds: 2
- # of Garage Spaces: 1
- Furnished: Unfurnished
- Total Rent: $17,172
- Total # of Units: 1
- Unit Type 2 Information
- Unit Key Numeric: 404575344
- Listing Key Numeric: 375142076
- Actual Rent: $1,700
- Total # of Baths: 1
- # of Baths Full: 1
- Furnished: Unfurnished
- Total # of Beds: 2
- Attached Garage: Yes
- # of Garage Spaces: 1
- Total Rent: $20,400
- Total # of Units: 1
- Unit Type 3 Information
- Listing Key Numeric: 375142076
- Unit Key Numeric: 404575345
- Actual Rent: $1,213
- Total # of Baths: 1
- # of Baths Full: 1
- Attached Garage: Yes
- Total # of Beds: 2
- # of Garage Spaces: 1
- Furnished: Unfurnished
- Total Rent: $14,556
- Total # of Units: 1
- Unit Type 4 Information
- Listing Key Numeric: 375142076
- Unit Key Numeric: 404575346
- Actual Rent: $1,693
- Total # of Baths: 1
- # of Baths Full: 1
- Attached Garage: Yes
- Total # of Beds: 2
- # of Garage Spaces: 1
- Furnished: Unfurnished
- Total Rent: $20,326
- Total # of Units: 1
- Unit Type 5 Information
- Unit Key Numeric: 404575347
- Listing Key Numeric: 375142076
- Actual Rent: $1,452
- Total # of Baths: 1
- # of Baths Full: 1
- Attached Garage: Yes
- Total # of Beds: 2
- # of Garage Spaces: 1
- Furnished: Unfurnished
- Total Rent: $17,424
- Total # of Units: 1
- Unit Type 6 Information
- Listing Key Numeric: 375142076
- Unit Key Numeric: 404575348
- Actual Rent: $1,459
- Total # of Baths: 1
- # of Baths Full: 1
- Attached Garage: Yes
- Total # of Beds: 2
- # of Garage Spaces: 1
- Furnished: Unfurnished
- Total Rent: $17,508
- Total # of Units: 1
- Expenses
- Total: $39,813
- Insurance: $12,052
- Water Sewer: $1,596
- Gardener: $1,200
- Multi-Unit Information
- Net Operating Income: $61,503
- Average 3 Bed Area Units: Sq. Ft.
- Average 2 Bed Area Units: Sq. Ft.
- Average 1 Bed Area Units: Sq. Ft.
- Sq. Ft.
- Total Building Area: 4,500
- Gross Scheduled Income: $107,386
- Gross Income: $101,316
- # Of Leased Units: 6
- # Of Separate Water Meters: 1
- # Of Separate Gas Meters: 6
- # Of Separate Electric Meters: 6
- # Of Buildings: 4
Exterior
- Exterior Features
- Pool Features: None
- Lot Information
- Elevation Units: Feet
- Lot Size Source: Seller
- Lot Features: Landscaped
- Property Information
- Total # of Units: 6
- Accessibility Features: None
- Common Walls: 1 common wall
- Parcel Number: 277110062
- Attached Property
- Total # of Stories: 1
- Year Built Source: Appraiser
- Property ADU: No
Financial
- Lease / Rental Details
- Operating Expense: $39,813
- Tenant Pays: Trash, Electricity
Utilities
- Utilities Information
- Sewer: Community Septic
- Natural Gas Connected, Electricity Connected, Water Connected
- Water Source: District/Public
Location
- Neighborhood Information
- Community Features: Street Lighting
- Location Information
- Latitude: 33.83635700
- Longitude: -117.51970000
- Other Subdivision Name: cust
- Directions: Park in drive way
- Subdivision Name: Other (OTHR)
- Zoning: R-A-1
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Multi-Family (5+ Unit)
- Year Built: —
- Year Renovated: —
- County: Riverside County
- APN: 277110062
Other
- Listing Information
- IDX Contact Info: 949-293-7679
- Days Active in MLS: 136
- Continuous Days Active in MLS: 136
- Listing Agent Information
- List Agent First Name: Jake
- List Agent Last Name: Bullock
- Listing Office Information
- List Office Name: Bullock Russell RE Services
- Selling Agent Information
- Buyer Agent First Name: Joshua
- Buyer Agent Last Name: Glaz
- Selling Office Information
- Buyer Office Name: The Ave
Around this home
Schools
Public K-6 • Assigned • 1.8mi
Public 6-8 • Assigned • 0.4mi
Public 9-12 • Assigned • 2.2mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
19% chance of being in a wildfire in next 30 years
7 days above 100° expected this year, 20 days in 30 years
Minimal risk of severe winds over next 30 years
14 unhealthy days expected this year, 18 days in 30 years
Sun exposure
In this area, properties receive around 9.8 hours in June and 6.9 hours in December, placing it above the U.S. average for solar exposure.
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Home values near 7979 Minnesota Rd
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1152 Sq. Ft. | $643,035 |
1 Beds | 1 Baths | 480 Sq. Ft. | $418,689 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 675 Sq. Ft. | $609,415 |
3 Beds | 1 Baths | 1150 Sq. Ft. | $520,765 |
| Address | Redfin Estimate |
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5 Beds | 2 Baths | 2066 Sq. Ft. | $869,577 |
3 Beds | - Baths | 1676 Sq. Ft. | $703,643 |
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