13240 Magnolia Avenue - Corona, CA 92879
$590,000
Description
REDUCED BY $70,000!!
GREAT CORNER LOT with many possibilities for redevelopment, including a place of worship.
Huge almost 30,000 sq ft flat level site on highly visible corner of Magnolia Avenue and Windsong Street, in Corona.
Existing SFR with 4 bedrooms, 3 bathrooms, large kitchen and dining area. Formal dining room.
Bonus room also. Needs updating. Has all utilities.
3 double gated entrances ready for subdivision if required.
Alternatively, could be a great house to modernise and live in on this massive property.
County shows it can legally have 2-5 units per lot, or can possibly be split into 3 separate lots (leaving existing house and building 2 new/manufactured detached ones on other 2 lots.
Possibility to amend general plan and rezoned to R6 (multi-family - 6 units on each of the 3 lots).
Buyer to verify with County. Ideal for re-development to add substantial value.
Features
Fireplace,
- Recommended Services
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