449 River Rd - Residential LAND FOR SALE


Corona, CA 92880 18,295 SF
$1,400,000 USD
714-919-3540
449 River Rd, Corona, CA for Sale
$1,400,000 USD
Residential LAND - FOR SALE
1/11
18,295 SF

449 River Rd
Corona, CA 92880


HIGHLIGHTS

  • Shovel-Ready | Plans Approved
  • Units: Nine (9) condos

OVERVIEW

449 River Road, Corona, CA 92878 — 9-Unit Residential Condo Development | Shovel-Ready | Plans Approved FOR SALE: $1.4MM (land only) Rare opportunity to acquire a fully entitled, shovel-ready infill condominium project in one of Corona’s most convenient, high-demand pockets. All construction, civil, architectural, and related plans are complete and approved, allowing a Buyer/Investor to step in and begin construction immediately—eliminating the time, risk, and carrying costs typically associated with the entitlement and plan-approval process. Situated on a level, highly visible corner parcel at River Rd & Cota St, this development offers strong address recognition, clean site identity, and practical access/circulation planning. The location is minutes to the 91 & 15 freeways, providing outstanding regional connectivity throughout the Inland Empire, Orange County, and beyond. Residents will enjoy a short walk to major shopping, dining, and daily conveniences, plus proximity to outdoor recreation with Santa Ana River Trail access nearby. Multiple exit strategies make this project ideal for a wide range of investors and developers: Build-to-sell (condo retail sellout) Build-to-generate income (long-term hold) Partial sellout / partial hold (hybrid strategy) Seller can help build post-close, offering a smoother path from acquisition to vertical construction Project Overview Address: 449 River Road, Corona, CA 92878 APN: 119-081-012 Lot Size: ±0.42 AC (±18,295 SF) Product Type: Condominium Development Units: Nine (9) condos Unit Sizes: ±1,120 – 1,312 SF (per approved plans) Total Living Space: + 11,154 SF Total Project Size: +/- 15,628 SF (includes other areas, such as corridors, lobby, parking and off-site improvements, etc.) Building Height: 3 stories (per approved plans) Parking: 20 spaces (per approved plans) Topography: Level This is a true turnkey, entitled development—a buyer can acquire the land with approvals in hand and immediately execute on a strategy tailored to today’s market: retail sellout, income hold, or a blended approach. Attention all builders, developers, investors, contractors, 1031 buyers, etc.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/ACRE

$3,333,333/AC

PRICE/SF

$77 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

River Road Condominiums

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units - Condo

LAND ACRES

0.42 AC

LAND SF

18,295 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Curb/Gutter/Sidewalk

ZONING

R3

APN/PARCEL ID

119-081-012

ASK ABOUT THIS PROPERTY

Kyle WilliamsAshwill Associates Commercial Real EstateMore Info
714-919-3540

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Kyle WilliamsAshwill Associates Commercial Real EstateMore Info
714-919-3540

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.