For Sale7d on market
2235 Morning Canyon Rd Lot 1
Diamond Bar, CA, 91765 • 91765 • Los Angeles County
$6,990,000
1.8 acLot
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Market activity
Demand and pricing signals for this listing
110 views
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3 saves
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7 days on market
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About this home
Lot
Fully entitled 57 units multifamily development opportunity in the City of Diamond Bar. Located at the strategic midpoint between Los Angeles, San Bernardino, and Orange County, the site offers exceptional regional connectivity with close proximity to the 57 and 60 freeways and Ontario International Airport (ONT). This prime location provides convenient access to major employment centers across the Inland Empire and Southern California. The project is approved for a residential community featuring a mix of studio, one-, two-, and three-bedroom units, designed to meet strong rental demand in a supply-constrained market. Situated within the highly regarded Walnut Valley Unified School District, the area benefits from strong demographics, high household incomes, and limited new housing inventory. A near shovel-ready opportunity with key approvals in place, allowing developers to move forward efficiently with reduced entitlement risk.
Estimated monthly payment
Based on current rates
$44,894/month
Principal & Interest$35,574
Property Tax$6,990
Insurance$2,330
Down payment20% ($1,398,000)
3%50%
Est. 6.56% rate · 30yr fixed · $5,592,000 loan
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Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Systems
Water / SewerPublic
Parking & Outdoor
Lot1.76 Acres
Location & Tax
Neighborhood91765
ZoningRM
Parcel8292009138
Features & details
3 categories of property features
Exterior Features
Lot Features
Lot Over 40000 Sqft
Community
Suburban
Views
Neighborhood
Listing insights
Market data and value estimates
StatusFor Sale
Days on market7
Tax rate1.18%
On marketMar 20, 2026
PostedMar 20, 2026
MLS updatedMar 20, 2026
Tour days6
Views110
Favorites3
How are the schools in Diamond Bar?
3 schools rated nearby
Location
Diamond Bar, CA, 91765
Price history
1 event
DateEventPrice$/sqftSource
Mar 20, 2026Listed For Sale$6,990,000—CRMLS
Listed For Sale$6,990,000
Mar 20, 2026•CRMLS
Nearby homes
Neighborhood details
Local context around this listing
Diamond Bar, CA • Los Angeles County
Nearby cities
GlendaleLancasterLong BeachLos AngelesPalmdalePasadenaPomonaSanta Clarita
Nearby zip codes
9176591789
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