1130 La Salle Cir

Corona, CA 92879

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.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.