Shovel-Ready Condo Development
For Sale
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449 River Road, Corona, CA 92878
Fully entitled 9-unit condominium project in Corona, CA.
Property Size15,628 SF
Lot Size0.42 Acres
Price / SF$89.58
Days on Market136
Property Features for 449 River Road
General Information
Standard status
Active
Size
15,628 SF
Total Parking Spaces
20
Lot size
0.42 Acres
Property subtype
Land, Mixed Use
Building Details
Buildings
1
Stories
3
Listing Agency:
Ashwill Associates Commercial Real Estate
Listed By:
Kyle Williams · License #CA 02015940
Source:
Crexi
Added: Mar 27
Changed: Aug 8
Last Checked: Jul 16 at 9:13PM
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 Ashwill Associates Commercial Real Estate
Investment Insights
Based on property information with market context.
This is a rare opportunity to acquire a fully entitled, shovel-ready infill condominium project located in Corona, CA. The property is situated on a level corner parcel at River Rd & Cota St, offering strong address recognition and practical access. The project features approved construction, civil, and architectural plans, allowing for immediate construction. The development consists of nine condominium units, with unit sizes ranging from approximately 1,120 to 1,312 square feet, totaling approximately 11,154 square feet of living space. The total project size is approximately 15,628 square feet, including corridors, lobby, parking, and off-site improvements. The building height is planned for three stories, with 20 parking spaces. The location provides convenient access to the 91 and 15 freeways, offering connectivity throughout the Inland Empire and Orange County. Residents will benefit from proximity to shopping, dining, and the Santa Ana River Trail. This project is suitable for various strategies, including build-to-sell, long-term hold, or a hybrid approach. The seller can assist with construction post-close. The property is located at 449 River Road, Corona, CA 92878, with APN 119-081-012, and has a lot size of approximately 0.42 acres (approximately 18,295 square feet).
Key Highlights
- Shovel‑ready 9‑unit condo development with approved plans for immediate construction.
- Prime location on a highly visible corner parcel with easy access to the 91 & 15 freeways.
- Multiple exit strategies: build‑to‑sell, build‑to‑generate income, or a hybrid approach.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
165
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Frequently Asked Questions
What type of property is this?
Commercial land - Fully entitled 9-unit condominium project in Corona, CA.
Where is this commercial land located?
The property is located at 449 River Road Corona, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Shovel‑ready 9‑unit condo development with approved plans for immediate construction.; Prime location on a highly visible corner parcel with easy access to the 91 & 15 freeways.; Multiple exit strategies: build‑to‑sell, build‑to‑generate income, or a hybrid approach.
