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Flat Lot with Alley Access
For Sale
$450,000

507 E 5th St, Corona, CA 92879

Flat, buildable lot in the Corona Historic District with rear alley access and utilities available at street level.

Property SizeContact for details
Lot Size7,500.00 Acres
Days on Market148

Property Features for 507 E 5th St

General Information

Standard status Active
Lot size 7,500.00 Acres
Property subtype Lots/Land

Additional Details

Utilities to Site Yes
Listing Agency: Four Brothers Real Estate, Inc.
Listed By: Rana Mohiuddin · License #01824130
Source: Exitrealty
Added: Mar 27 Changed: Aug 8 Last Checked: Jul 16 at 4:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Four Brothers Real Estate, Inc.

Investment Insights

Based on property information with market context.

This offering is for a flat residential lot located in the Corona Historic District, with rear alley access. The parcel is described as approximately 7,500 square feet and includes sewer and utilities at street level, supporting straightforward planning for new construction. The seller notes the lot could accommodate a main house with an ADU, or a two-story home, with building options subject to City verification.

The property is positioned for convenience to major destinations, with access described as near freeways, downtown, shopping, a hospital, and schools. A rear alley provides an additional access point, which can be useful for driveway and site planning depending on the final design.

For buyers and builders, this lot presents a practical foundation for a single-family residence and potential secondary unit, subject to approval and building requirements. Because the City regulates what can be built in the historic district, prospective purchasers should confirm all development options, including any ADU-related feasibility, before moving forward. The seller indicates motivation to sell, and buyers are encouraged to conduct their own due diligence regarding permitting and design constraints.

Key Highlights

  • 7,500 sq ft flat, buildable lot located in the Corona Historic District
  • Rear alley access
  • Sewer and utilities available at street level

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,610
Businesses Nearby

Demographics for 92879, CA

47,243
Population
14,919
Households
3.2
Avg Household Size
35
Median Age
23%
College-Educated
80%
High-School Grad
9.8 sq mi
ZIP Area
4,821
Density / Sq Mi
$91,862
Median Household Income
$42,496
Median Earnings
$1,968
Median Rent
$592,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Flat, buildable lot in the Corona Historic District with rear alley access and utilities available at street level.
Where is this residential land & home lot located?
The property is located at 507 E 5th St Corona, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 7,500 sq ft flat, buildable lot located in the Corona Historic District; Rear alley access; Sewer and utilities available at street level
More about this property
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