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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.
Property Type(s):
Single Family
| Last Updated | 8/12/2026 | Tract | N/A |
|---|---|---|---|
| Year Built | 2026 | Community | 248 - Corona |
| Garage Spaces | 3.0 | County | Riverside |
Additional Details
| AIR | Central Air, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Gas Range, Range Hood, Water Heater |
| AREA | 248 - Corona |
| CONSTRUCTION | Frame, Stucco |
| EXTERIOR | Lighting, Rain Gutters |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Central, Fireplace(s), Forced Air |
| INTERIOR | Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Master Downstairs, Open Floorplan, Recessed Lighting, Storage |
| LOT | 10498 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard, Landscaped, Level |
| LOT DIMENSIONS | 10500 |
| PARKING | Attached, Concrete, Direct Access, Driveway, Garage Faces Front, Garage, Garage Door Opener, On Site |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Traditional |
| SUBDIVISION | N/A |
| UTILITIES | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood, Trees/Woods |
| WATER | Public |
Location
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Listed with ASPIRE HOMES
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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