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Listed by LYNN LEON, DRE #01800155 • SOCAL Brokers
$ 850,000
Est. payment | /mo
3.1 Acres Lot
$ 850,000
Est. payment | /mo
3.1 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIV26038529
Lot Size 3.100 Acres
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
PANORAMIC GORGEOUS VIEWS!! _ CALL ERIC -SEE REMARKS: 3.1-Acre Residential Development Opportunity LIST PRICE: 1,095,000 REDUCED PRICE: 850,000 Land Size: ±3.10 Acres (±135,036 SF) Zoning: R1-20 (City of Corona) APN: 123-330-006 Highlights: . By-right yield: Per current zoning. 6 single-family homes (R1-20) . Higher-Density Development Opportunity: Seller is willing to accommodate an extended escrow period to allow a buyer sufficient time to pursue rezoning and entitlements for a residential development exceeding 6 homes, subject to city approval . Flat to gently sloping site in an established residential neighborhood . Immediate freeway access via I-15 and CA-91 . Adjacent to Norco Hills, supporting higher-end residential product . Surrounding homes have recently sold for $1M+, supporting strong exit pricing . Utilities available in the surrounding developed neighborhood and can be extended to the site DEVELOPMENT POTENTIAL / YIELD By-Right Zoning (R1-20): . (20,000 SF minimum lot size; Subject to City Approval) KEY HIGHLIGHTS Suitable for builders, developers, or long-term investors Close proximity to schools, retail, and major arterials Prime Hillside Estate Lot with Panoramic Views Nestled in the scenic hills of Corona, this exceptional lot at 1130 La
Location
State CA
County Riverside
Area 248 - Corona
Zoning D1
Exterior
View Canyon
Building
Water District - Public
Others
Tax ID 123330006
Special Listing Condition Not Applicable
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