7th, Corona, CA 92879

$1,250,000

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List Price
$1,250,000
Price Change
▲ $50,000 1782520141
Status
ACTIVE
MLS#
RS-26132271
Lot Size
7,841
Days on Market
87
Property Type
Land

Property Description

RARE INVESTOR & DEVELOPER OPPORTUNITY! This Vacant Lot is sold with an adjacent Income-producing triplex with a Different parcel number That consists of TRIPLEX offered together as one package. The existing triplex consists of 3 units, each featuring 3 bedrooms and 1 bathroom, providing immediate rental income while offering exciting potential for future growth. The sale is creating a unique opportunity for an investor or developer to own an established income-producing property together with this adjacent land. Explore the potential for additional residential development, subject to City approval and all applicable zoning, density, parking, setback, utility, and building requirements. Excellent opportunity to generate income today while planning for tomorrow. Convenient Corona location near shopping, schools, parks, and major transportation corridors. TWO PARCELS SOLD TOGETHER — TRIPLEX + ADJACENT VACANT LOT. Buyer and buyer’s agent to independently verify all information, including rents, square footage, lot sizes, zoning, allowable number of units, development potential, permits, utilities, and intended use with the City of Corona.

Additional Information

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Fee
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None

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Calculator source: Real Geeks

Listing courtesy of Home Key Realty.