501 S Victoria Avenue, Corona, CA 92879

This unique opportunity offers a rare chance to own a versatile property featuring two separate buildings on one lot, zoned for Commercial use with Multi-Purpose Commercial/Residential flexibility. Situated in the heart of Corona, the property includes a charming single-family residence and a standalone commercial structure, making it ideal for investors, business owners, or those seeking a live/work setup. The residential home spans approximately 1,600 square feet and features three bedrooms, one bathroom, a den, spacious living and dining areas, and a functional kitchen. Recent upgrades include dual-pane windows, central A/C and heating, copper plumbing, and a new roof installed just one year ago, all contributing to the home’s comfort and long-term value.The commercial building, constructed in 1962, offers approximately 1,326 square feet of flexible space that has historically supported both office and retail use. It includes an ADA-compliant half bathroom and is currently occupied by a dependable long-term tenant, providing immediate income potential. Adjacent to the commercial unit is a fenced area that accommodates up to three onsite parking spaces, adding further convenience for business operations or customers. Meticulously maintained over the years, this property reflects pride of ownership and offers significant upside, especially given its prime location near the Corona Mall, which is currently undergoing exciting redevelopment. With strong investment appeal and a variety of possible uses, this property is a rare find in a rapidly evolving area.