22871 Elk Grass St Corona, CA 92883

3 beds · 2 baths · 2,359 sq ft · Lot Size: 8,276 sq ft · Single Family Home · Wildrose
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22871 Elk Grass St is in the Wildrose neighborhood of Corona, CA. It is located in Riverside County and ZIP code 92883. This Single Family Home was built in 1993 and is approximately 32 years old. The single family home spans 2359 sq ft with 3 bedrooms and 2 bathrooms and sits on a 8276 sq ft lot. According to public records, it was sold for $179,000. The Wildrose area of Corona has 572 residential homes. Analyze and compare real estate investment strategies for properties like this home at 22871 Elk Grass St Corona, CA 92883 with Property Intel by Whitepages.

Investment Potential for 22871 Elk Grass St

The property has a current estimated value of $631,785, which is 14% above the neighborhood median, based on public records. It last sold for $179,000. Projected long-term
is $44,400 annually ($3,700 per month) with a 95% occupancy rate.

Long-Term

Gross Rental
$44,400 per year($3,700 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 92883 zip code
 
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Owners & Occupancy for 22871 Elk Grass St

No contact information is available.

Occupancy

Resident 1******************
Resident 2*********************** age 33
Resident 3**************
Resident 4***************** age 56
Resident 5********************** age 59
Resident 6**************** age 28

Property Details for 22871 Elk Grass St

Property Details

Property Sq Ft

Living Area

2,359 sq ft

Compare to Wildrose

Lot Size

8,276 sq ft

Compare to Wildrose

Price Per Sq Ft

Living Area

$268 / sq ft

Compare to Wildrose

Lot Size Area

$76 / sq ft

Compare to Wildrose
Property condition, age, exterior, etc. for 22871 Elk …
Longitude: -117.500404 Latitude: 33.787067 Parcel Number (APN): 283-343-010…
Mortgage originated on through lender: Udc Mtg for$******View Mortgage Details
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Market Benchmarks

Compare data for 22871 Elk Grass St in Riverside County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$631,785
$643,512
-$11,728 (-2%)
$806,439
-$48,063 (-6%)
YoY Price Change
1.38%
-252%
Year Built
1993
1971
22 years
Living Space
2,359 sq ft
1,518 sq ft
841 (55%)
$ Per Living Sq Ft
$268
$429
-$161 (-38%)
Lot Size
8,276 sq ft
7,020 sq ft
1256 (18%)
$ Per Lot Sq Ft
$76
$93
-$16 (-18%)

Net Operating Income
$29,327
$1,173 (4%)
Annual Revenue
$44,400
$45,600
-$1,200 (-3%)
$13,826
$74 (1%)
Net Operating Income
$29,327
$1,173 (4%)
Cap Rate
4.12%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians