1056 Lullaby Ln Corona, CA 92878

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3 beds · 2 baths · 1,228 sq ft · Lot Size: 8,276 sq ft · Single Family Home
Est. Property Value: $623,400

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1056 Lullaby Ln is in the 92878 neighborhood of Corona, CA. It is located in Riverside County and ZIP code 92878. This Single Family Home was built in 1964 and is approximately 61 years old. The single family home spans 1228 sq ft with 3 bedrooms and 2 bathrooms and sits on a 8276 sq ft lot. According to public records, it was last sold in 2018 for $410,000 and has a tax-assessed value of $538,740, which is $508 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 1056 Lullaby Ln Corona, CA 92878 with Property Intel by Whitepages.

Owners & Occupancy for 1056 Lullaby Ln

This property is owned by Yolanda R Ortiz. Owner contact information includes 9 phone numbers and 4 email addresses.

Property Owners

Cell Phone(562) ***-****View Cell Phone
Residence**********
Landline(714) 564-9283
Distance from Property**********
Email Address*********@att.netView Email

Occupancy

Resident 1************ age 28
Resident 2******************** age 35
Resident 3*************** age 64
Resident 4*************** age 97

Property Financials for 1056 Lullaby Ln

1056 Lullaby Ln, Corona, CA has a mortgage from New American Fndg (orig. April 06, 2018). The Riverside county assessment for 2024 values it at $538,740, with annual taxes of $5,060.

Mortgage & Equity Information

Loan Amount$******
LenderNew American Fndg
Origination DateApril 06, 2018
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date************
Equity View Equity

Property Tax

Purchase DateMarch 26, 2018
Property Tax Amount$5,060 in 2024
Purchase Price$410,000
Assessed Value$538,740 on 2024

Investment Potential for 1056 Lullaby Ln

The property has a current estimated value of $623,400, which is 1% below the zip median, based on public records. It last sold on March 26, 2018 for $410K. Projected long-term
is $62,400 annually ($5,200 per month) with a 95% occupancy rate.

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Long-Term

Gross Rental
$62,400 per year($5,200 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 92878 zip code
 
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Property Details for 1056 Lullaby Ln

Property Details

Property Sq Ft

Living Area

1,228 sq ft

20% below market

Lot Size

8,276 sq ft

46% above market

Price Per Sq Ft

Living Area

$508 / sq ft

26% above market

Lot Size Area

$75 / sq ft

33% below market

Property condition, age, exterior, etc. for 1056 Lulla…
Longitude: -117.574544 Latitude: 33.901556 Parcel Number (APN): 119-042-040…

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Market Benchmarks

Compare data for 1056 Lullaby Ln in Riverside County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$623,400
$639,752
-$16,352 (-3%)
$755,046
$35,730 (5%)
YoY Price Change
Year Built
1964
1971
-7 years
Living Space
1,228 sq ft
1,519 sq ft
-291 (-19%)
$ Per Living Sq Ft
$508
$420
$87 (21%)
Lot Size
8,276 sq ft
7,020 sq ft
1256 (18%)
$ Per Lot Sq Ft
$75
$88
-$13 (-15%)

Net Operating Income
$26,724
$17,716 (66%)
Annual Revenue
$62,400
$44,400
$18,000 (41%)
$14,609
$3,351 (23%)
Net Operating Income
$26,724
$17,716 (66%)
Cap Rate
4.21%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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