REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$6,000,000
Est. payment /mo
2.82 Acres Lot
UPDATED:
11/22/2024 11:24 PM
Key Details
Property Type Vacant Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 485106
HOA Y/N No
Lot Size 2.820 Acres
Property Description
****Land development opportunity located in the booming city of Corona, CA. Currently being conditionally used as a Church, the almost 3 acres is zoned R-3 Multi-Family allowing for up to 82 units. The parcel is located only a few blocks from the 91 FWY, and minutes from Interstate 15. Tentative Tract Map # 37314 underway with city planning department, proposing 48 Townhouses with the potential to generate lucrative cap rates. In addition plans have been proposed to build 82 apartment units, adding even more possibilities for the site. Adjacent to an elementary school, and an already existing apartment complex, it makes sense for this site to live up to its full potential. Several residential projects have been completed in the area. Investors started cash flowing with greater than expected interest from buyers/tenants. A development opportunity like this is definitely worth some consideration. Come VIEW and make an OFFER TODAY ****
Location
State CA
County Riverside
Interior
Fireplace No
Exterior
Community Features Curbs, Gutter(s)
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Water Available
View Y/N Yes
View City Lights
Building
Lot Description Paved, Level
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 103200088
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Special Listing Condition Standard
Read Less Info
Listed by Jeffrey Nyal • Coldwell Banker Home Source • 7608877779
MORTGAGE CALCULATOR
Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!
By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.
Serving Southern California
Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations
- Home For Sale in Los Angeles County HOT
- Home For Sale in San Diego County HOT
- Home For Sale in San Bernardino County HOT
- Home For Sale in Orange County HOT
- Home For Sale in Riverside County HOT
- Homes For Sale in Los Angeles, CA HOT
- Homes For Sale in Beverly Hills, CA
- Homes For Sale in West Hollywood, CA HOT
- Homes For Sale in Culver City, CA
- Homes For Sale in San Fernando, CA
- Homes For Sale in Burbank, CA
- Homes For Sale in Pasadena, CA
- Homes For Sale in San Diego, CA HOT
- Homes For Sale in Oceanside, CA HOT
- Homes For Sale in Newport Beach, CA
- Homes For Sale in Costa Mesa, CA HOT
- Homes For Sale in Huntington Beach, CA
- Homes For Sale in Anaheim, CA
- Homes For Sale in Riverside, CA HOT
- Homes For Sale in Temecula, CA HOT
- Homes For Sale in Murrieta, CA HOT
- Homes For Sale in Menifee, CA
- Homes For Sale in Moreno Valley, CA
- Homes For Sale in Hemet, CA
- Homes For Sale in San Jacinto, CA
- Homes For Sale in San Bernardino, CA HOT
- Homes For Sale in Big Bear City, CA
- Homes For Sale in Orange, CA HOT
- Homes For Sale in Palm Springs, CA HOT
- Homes For Sale in La Quinta, CA