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Location, Location, Location! 2025 Brand-New Legal 3-Family located in the heart of Corona — a rare find on the market. This newly constructed property features solid brick construction with steel beam framing, situated on a quiet residential block with convenient access to shopping, schools, parks, and public transportation. Property Layout: First Floor: • 2 bedrooms, 1. 5 bathrooms • Direct backyard access • Finished basement with utility room and recreation/entertainment area or additional room Second Floor: • 3 bedrooms, 1. 5 bathrooms • Front and back balconies providing excellent outdoor space Third Floor: • 3 bedrooms, 1. 5 bathrooms • Skylights in the living room and bathroom • Front and back private balconies Additional Features: • Paved driveway • Covered parking • High-end imported materials • Tasteful modern design • Turnkey condition Perfect for owner-occupants or investors seeking strong rental income and ideal for a 1031 exchange. Conveniently located just a 12-minute walk to the 7 train station, close to all amenities. A must-see to truly appreciate—call today to schedule your private showing.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,090,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,672,000 | $1,672,000 | $1,672,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.973% | 5.858% | 5.681% |
| Monthly Tax Payment | $653 | $653 | $653 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,976 | $9,757 | $13,662 |
| Total Monthly Payment | $9,753 | $10,534 | $14,439 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.