Listed by: Diana Renee, Keller Williams Realty
$670,000
●
Land -
Off Market
4135 Lester Avenue
Corona, CA 92881
Studio
0 Bath
$3,806
Est. Monthly
About This Property
This stunning 1.15-acre property, located in the prestigious South
Corona community, offers unparalleled views and limitless
possibilities for creating your luxury dream home. Surrounded by
the natural beauty of rolling hills, this expansive and untouched
land promises a backdrop of extraordinary sunsets and a peaceful,
high-end living experience. Discover the perfect balance of growth
and desirability in this serene haven. The property is ideally
situated near the Foothill Expressway and major freeways like the
15 and 91, providing easy access to exquisite shopping and top-tier
schools. Utilities are readily accessible from the street, adding
convenience to this captivating location. Your dream of an elegant
and tranquil lifestyle awaits in this pristine setting. No HOA
Unit Size
-
Days on Market
425 days
Land Size
1.15 acres
Price per sqft
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Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #IG24022639)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Mar 20, 2025 | In contract | - | |
| In contract | |||
| Oct 8, 2024 | Relisted | $775,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Jan 25, 2024 | Listed by Keller Williams Realty | $775,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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Sold On
Sold On
HOA + Taxes
About South Corona
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Listed by: Diana Renee, Keller Williams Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG24022639
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG24022639
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