1580 Magnolia Ave, Corona, CA 92879 Property Records

Riverside County property record for 1580 Magnolia Ave, Corona, CA 92879

Property Summary

Property Type	Light Industrial
Details	54,321 sqft · built 2002
Lot Size	2.83 acres (123,275 sqft)
Owner	Company Name on File
Last Sale	$9,200,000 (Dec 2018)
Tax Bill	$117,674 (2025)
Deeds & Mortgages	Dec 2021 Mortgage Apr 2021 Line of Credit + 1 more
Flood Zone	Zone X (moderate risk)
APN	`107-060-025`

Property Details

APN / Parcel Number

Primary APN	`107-060-025`

Interior

Stories	1 Story
Building Area	54,321 sqft Gross Area

Exterior

Year Built	Built 2002
Effective Year Built	Effective 2002
Construction Type	Masonry / Concrete Block
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	123,275 sqft

Location & Zoning

Street Address	1580 MAGNOLIA AVE
City	CORONA
State	CA
Zip	92879-2073
Property Category	Industrial
Property Type	Industrial > Light Industrial
Legal Description	2.83 ACRES IN POR PAR 1 RS 053/100
Legal Subdivision	RIVERSIDE LAND & IRRIGATION CO
Legal Lot Number	1
Jurisdiction	RIVERSIDE CA
Township / Civil Division	CORONA
Census Block Group	3
Census Block	3002
Census Tract	41415

Owner

1580 Magnolia Ave, an industrial property, is owned by a company that bought it in December 2018.

Source: Riverside County records, as of August 3, 2026

Owner of Record	Company Name on File
Mailing Address	1580 MAGNOLIA AVE, CORONA, CA 92879-2073
Owner Type	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Dec 9, 2021	Deed of Trust, Mortgage · Commercial Mortgage AMERICAN BUSINESS BANK
Apr 20, 2021	Deed of Trust, Mortgage · Line of Credit AMERICAN BUSINESS BANK
Dec 14, 2018	Grant Deed, Transfer · Commercial Mortgage AMERICAN BUSINESS BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 14, 2018 · Amount on File
Deed Sale	Dec 14, 2018 · Amount on File
Deed Document Number	2018486966
Record Updated	Oct 29, 2026

December 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RIVERSIDE CA
Property Address	1580 MAGNOLIA AVE, CORONA, CA 92879-2073
Transaction Type	Mortgage
Record Updated	Jul 18, 2023
Title Company	ORANGE COAST TITLE COMPANY, ORANGE COAST TITLE CO

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1580 MAGNOLIA AVE, CORONA, CA 92879-2073

Mortgage

Document Number	0000727577
Date	Dec 9, 2021
Instrument	2021-0727577

Lender

Name	AMERICAN BUSINESS BANK
Type	Bank
Address	LOS ANGELES, CA 90071

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

April 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RIVERSIDE CA
Property Address	1580 MAGNOLIA AVE, CORONA, CA 92879-2073
Transaction Type	Mortgage
Record Updated	Jul 18, 2023
Title Company	ORANGE COAST TITLE COMPANY, ORANGE COAST TITLE CO

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1580 MAGNOLIA AVE, CORONA, CA 92879-2073

Mortgage

Document Number	0000245835
Date	Apr 20, 2021
Instrument	2021-0245835

Lender

Name	AMERICAN BUSINESS BANK
Type	Bank
Address	LOS ANGELES, CA 90071

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

December 2018: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	RIVERSIDE CA
Recording Date	Dec 14, 2018
Property Address	1580 MAGNOLIA AVE, CORONA, CA 92879-2073
Document Number	0000486966
Map Reference	MB 1 PG 70
Instrument Date	Aug 3, 2018
Instrument	2018-0486966
Transaction Type	Transfer
Record Updated	Sep 28, 2021
Title Company	FIRST AMERICAN TITLE INSURAN

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1580 MAGNOLIA AVE, CORONA, CA 92879-2073

Mortgage

Document Number	0000486967
Date	Dec 14, 2018
Instrument	2018-0486967

Lender

Name	AMERICAN BUSINESS BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 1580 Magnolia Ave was $117,674.

Source: Riverside County assessment roll, as of July 29, 2026

Property Jurisdictions

Type	Name
State	California
County	Riverside County
Municipality	Corona City
Unified School District	Corona-Norco Unified School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value
2026		$10,468,023 (+2%) Land $2,503,220 Building $7,964,803
2025	$117,674.00	$10,262,769 Land $2,454,138 Building $7,808,631
2023	$112,283.00 (+1.86%)	$9,864,255 (+2%) Land $2,358,842 Building $7,505,413
2022	$110,234.00	$9,670,840 Land $2,312,591 Building $7,358,249

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

FEMA maps place 1580 Magnolia Ave in Zone X, an area of moderate flood risk.

Source: FEMA National Flood Hazard Layer, effective October 14, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 1580 Magnolia Ave is low, with a 0.05% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 67% of the US · lower than 81% of California
Wildfire Likelihood	0.05% annual chance
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF CORONA serves 169,380 people · EPA ID CA3310037
Water Source	Purchased surface water from several systems
Last State Inspection	Oct 2025
Lead	2 ppb (2024–2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	66 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 162 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
Starlink Satellite	280 / 30

May also be available: AT&T, GeoLinks.

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