Contact Kim Barron
Contacting Kim Barron
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Request more information
  • MLS#: IV26038529 ( )
  • Street Address: 1130 La Salle Cir
  • Viewed: 1
  • Price: $1,095,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 29
  • Acreage: 3.10 acres
  • Additional Information
  • County: RIVERSIDE
  • City: Corona
  • Zipcode: 92879
  • Subdivision: Other (othr)
  • Provided by: SOCAL Brokers
  • Contact: LYNN LYNN
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Call eric see remarks: 3. 1 acre residential development opportunity land size: 3. 10 acres (135,036 sf) zoning: r1 20 (city of corona) apn: 123 330 006 discount for all cash offers!!! Recent homes in the area have sold for over a million $$$ rare opportunity to acquire a 3. 1 acre residential infill parcel in the city of corona, located in an established neighborhood near la salle circle. The site offers by right single family development with meaningful density upside for builders or developers pursuing a subdivision or rezoning strategy. This is a clean, flat to gently sloping land play with surrounding residential development, utilities nearby, and strong long term fundamentals driven by limited land supply in the corona submarket. Development potential / yield by right zoning (r1 20): approx. 6 single family homes (20,000 sf minimum lot size; subject to city approval) implied land basis: ~$8. 10 per sf recent closed land sales in the area reflect higher $/sf pricing for smaller, entitled parcels, while larger bulk residential land trades at a discount. This pricing captures future upside while remaining financeable and underwritable for real developers. Key highlights suitable for builders, developers, or long term investors close proximity to schools, retail, and major arterials this site presents a classic entitlement driven value add opportunity: build 6 estate style homes by right, or pursue approvals to unlock higher density and increased land value to develop 9 10 homes with city approval disclaimer: all information is deemed reliable but not guaranteed and has been obtained from third party sources. Buyer is advised to independently verify zoning, development standards, utility availability, and the permitted number of homes that may be constructed with the appropriate governmental agencies and professionals. All agents/brokers make no warranties as to accuracy and assumes no liability for reliance on this information.
Request More Information
  • All fields are required.
Features
Association Fee
  1. 0.00
Commoninterest
  1. None
Country
  1. US
Days On Market
  1. 16
Distancetowatercomments
  1. yes
Lot Features
  1. 2-5 Units/Acre
Parcel Number
  1. 123330006
Subdivision Name Other
  1. CORONA HILLS
View
  1. Canyon
Water Source
  1. Public
Zoning
  1. R1-20