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29930142
29930143

449 River Road, Corona, CA 92878 For Sale

KW
CA 02015940
Ashwill Associates Commercial Real Estate
Listed by Ashwill Associates Commercial Real Estate
$1,400,000
Updated 36 days ago

449 River Rd, Corona -- 9 unit Condo Development

Details
APN 119-081-012
Property Type Land, Mixed Use
Sub Type Residential
Square Footage 15,628
Net Rentable (SqFt) 11,154
Tenancy Vacant
Price per SqFt $90
Buildings 1
Stories 3
Acreage 0.420
Parking Spaces 20 spaces
Parking per 1,000 SqFt 1.28
Ownership Private

9-Unit Residential Condo Development | Shovel-Ready | Plans Approved

Marketing description

449 River Road, Corona, CA 92878 — 9-Unit 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.

Investment highlights

449 River Road, Corona, CA 92878 — 9-Unit 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.

Listing Contacts

KW
CA 02015940
Ashwill Associates Commercial Real Estate
Listed by Ashwill Associates Commercial Real Estate

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