1130 La Salle Cir, Corona, CA 92879

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