Penrose Drive Homes with Quadruplex Subtype

Welcome to Penrose Drive, a hidden gem nestled in the heart of Corona, California, within Riverside County. This charming neighborhood offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and investors alike.

One of the standout features of Penrose Drive is its diverse housing options, particularly the quadruplex homes that provide a unique opportunity for both homeownership and investment. These quadruplex properties are designed to maximize space and functionality, offering four separate living units under one roof. This setup is perfect for multi-generational families seeking proximity while maintaining individual privacy or for savvy investors looking to capitalize on rental income in a thriving market.

The surrounding area boasts an array of amenities, including parks, shopping centers, and top-rated schools, making it a family-friendly environment. Residents enjoy easy access to major highways, allowing for a seamless commute to nearby cities and attractions. The vibrant community spirit is evident in the local events and gatherings that foster connections among neighbors.

Nature enthusiasts will appreciate the proximity to scenic trails and outdoor recreational areas, perfect for hiking, biking, and enjoying the beautiful California sunshine. With its welcoming atmosphere and rich sense of community, Penrose Drive is more than just a place to live; it’s a lifestyle choice.

Whether you're looking to invest in a quadruplex or find your forever home, Penrose Drive offers an unparalleled opportunity to be part of a thriving neighborhood in Corona. Discover the charm and convenience of this wonderful community today!

Newest Penrose Drive Homes with Quadruplex Subtype

$1,799,900

OC26194182 MLS ⋅ Active Status

Over $11,100 in monthly rental income! Here's your chance to own a beautifully renovated 4-plex, now available in the heart of Corona. This upscale property is in a very quiet and peaceful neighborhood of Corona, conveniently located just minutes from the 91 Freeway, Corona's Metrolink Station, and also the "Metro at Main" commercial center - a brand-new mixed-use project consisting of more than 60,000 square feet of ground-floor retail. Perfectly situated on a corner lot within a gated courtyard, each unit of the building is two levels, townhome style, with nobody above or below, offering much more privacy for each tenant. The property consists of two spacious 3-bed/1.5 bath units, and two 2-bed/1.5 bath units. The building has just been repainted and upgraded with all-new landscaping, including a drip system which requires minimal water use. Each unit has been upgraded with central A/C, which is very rare for this area, and an added value for tenants. There are two detached 2-car garages, which offer one assigned space for each unit. All tenants keep to themselves and pay rent on time. Two of the units receive Section 8 assistance, with direct deposits sent to your bank account for rent every month. This beautiful property can be sold by itself, or together with it's neighboring 4-plex at 586 Penrose Drive. Don't miss out on this unique opportunity!

570 Penrose, Corona

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.