ActiveResidential · sale

998 La Costa Drive M204

Corona, CA 92879

$359,790

  • 2 beds
  • 2 baths
  • 888 sq ft
  • Built 1985

Listed by Real Broker · MLS #OC26156852

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PROPERTY QUESTIONS & SHOWINGS

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998 La Costa Drive M204, Corona, CA 92879 · MLS #OC26156852

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1985.

Garage parking

1 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to the gated Contadora community! This desirable upper-level corner condominium offers enhanced privacy, a dedicated staircase, two bedrooms, two full bathrooms, and a bright, inviting interior with high ceilings. *** "Big Savings - HOA pays Water, Sewer and Trash" *** Owner only pay electricity and Gas.



Recent improvements include a new air-conditioning system, heat pump, air scrubber, ductwork, vents, smart thermostat, and water heater. Many of these upgrades include parts-and-labor warranties, providing added value and peace of mind. The home also features attractive wood-look laminate flooring throughout the main living areas, comfortable carpeting in the bedrooms, forced-air heating, and a convenient in-unit laundry area.



The well-appointed kitchen features granite countertops and newer appliances, including a refrigerator, oven/range, dishwasher, and microwave—making this home truly move-in ready. Parking includes a private one-car garage with generous storage space, plus one designated parking space.



Enjoy resort-style community amenities, including a gated swimming pool and spa, barbecue area, and picnic spaces—ideal for relaxing, gathering, and outdoor entertaining. The community is adjacent to Corona City Park, offering convenient access to recreation and open green space.



Centrally located in Corona, the property is close to shopping centers, restaurants, schools, Corona Regional Medical Center, and everyday services. Commuters will appreciate easy access to the 91 and 15 freeways, providing connections to Orange County, Riverside, and surrounding employment centers.



With its private corner location, extensive recent upgrades, gated setting, desirable amenities, and outstanding access to shopping, recreation, and transportation, this welcoming condominium is ready to be called home. Schedule your private showing before it’s gone!

THE NEIGHBORHOOD

Explore the location.

998 La Costa Drive M204, Corona, CA 92879

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Map position comes from the listing source. Open directions in Google Maps

LOCAL MARKET CONTEXT

Riverside County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$609,275Down 0.3% vs. the previous 12 months
Months of supply4.112-month average
Days on market5312-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1985
Full baths
2
Garage spaces
1
Cooling
CentralAir
Heating
Central
Appliances
Dishwasher,FreeStandingRange,GasCooktop,Disposal,GasOven,GasRange,Refrigerator,RangeHood,WaterHeater
Flooring
Carpet,Laminate
Utilities
CableAvailable,ElectricityConnected,NaturalGasAvailable,PhoneAvailable,SewerConnected
Accessibility
NoStairs,AccessibleDoors
Pool
No
Pool features
Community,Fenced,Association
Spa
Yes
Subdivision
Contradora
Parcel
117321096
HOA
Contradora
HOA amenities
OutdoorCookingArea,Barbecue,PicnicArea,Pool,SpaHotTub
HOA fee frequency
Monthly
HOA fee
$481.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$1,499.13
Cap rate

Annual operating income:

HOA: Includes $481.00 per month in HOA dues, converted from the $481.00 monthly fee reported by the listing source.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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Listing information

MLS #OC26156852 · California Regional MLS

Listing brokerage: Real Broker
Listing agent: Mike Trelles

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.