




Rare Two-Homes-on-One-Lot Opportunity in Corona! Discover exceptional flexibility and versatility at 1050 W Olive St, featuring two completely separate residences on an approximately 10,500-square-foot lot. With separate entrances, private living spaces, and a total of 6 bedrooms, 4 bathrooms, and 3 garage spaces, this property is ideal for multigenerational living, extended family, guests, or generating additional rental income. The front residence offers approximately 1,309 square feet with 3 bedrooms, 2 bathrooms, and a private 1-car garage. Complementing the main home is a brand-new 2026-built detached ADU featuring approximately 1,170 square feet, 3 bedrooms, 2 bathrooms, and a private 2-car garage. Thoughtfully designed for modern living, the ADU showcases an open-concept floor plan, brand-new stainless-steel appliances, contemporary finishes, abundant natural light, and a beautiful private yard. The spacious lot provides valuable outdoor space and privacy between the two residences, creating the feel and functionality of owning two homes on one property. Whether accommodating multiple generations, providing a private space for family and guests, or creating an attractive investment opportunity, this property offers flexibility rarely found in Corona. Conveniently located near shopping, dining, schools, parks, the 91 Freeway, and major commuter routes, this is a truly unique opportunity combining new construction, two independent homes, multiple garages, and a spacious lot in a desirable Corona location.
Bedrooms
6
Bathrooms
4
Square Feet
2,479
Lot Size
10,500 sqft
Year Built
2026
Property Type
Single Family Residence
Days on Market
0
HOA Fee
N/A
Garage Total
3
MLS #
IV26173341
Interior Features
Built In Features, Ceiling Fans, Eat In Kitchen, Open Floorplan, Quartz Counters, Recessed Lighting, Storage, All Bedrooms Down, Bedroom On Main Level, Main Level Primary, Primary Suite
Flooring
Vinyl
Fireplace
Living Room
Appliances
Dishwasher, Gas Range, Range Hood, Water Heater
Laundry
Washer Hookup, Gas Dryer Hookup, Inside, Laundry Closet
Main Level Bedrooms
6
Main Level Bathrooms
4
Cooling
Central Air, Wall Window Units
Heating
Central, Forced Air, Fireplaces
Total Parking Spaces
6
Garage Spaces
3
Carport Spaces
1
Open Parking Spaces
2
Attached Garage
Yes
Parking Features
Concrete, Door Multi, Direct Access, Driveway, Garage Faces Front, Garage, Garage Door Opener, On Site
Patio & Porch
Concrete, Patio
Fencing
Block, Privacy, Wood
Security
Carbon Monoxide Detectors, Smoke Detectors
Construction
Drywall, Frame, Stucco
Foundation
Slab
Roof
Shingle
Lot Features
Back Yard, Front Yard, Lawn, Landscaped, Level, Yard
Sewer
Public Sewer
Water Source
Public
Curbs, Gutters, Street Lights, Suburban, Sidewalks
$0
| Rating | School Name |
|---|---|
7 | Corona High High School |
N/A | Corona Vista High High School |
5 | Letha Raney Intermediate Middle School |
2 | Jefferson Elementary Elementary School |
1 | Orange Grove High High School |
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features