Approved Corona Condo Development
449 River Rd Corona, CA 92878
For Sale
$1,400,000
Shovel-ready 9-unit condo development with approved plans.
Property Size15,170 SF
Lot Size0.42 Acres
Price / SF$92.29
Days on Market98
Property Features for 449 River Rd
General Information
Standard status
Active
Size
15,170 SF
Lot size
0.42 Acres
Property subtype
Commercial
Listing Agency:
(949) 423-9188
Listed By:
MCKENSIE LOWSTETTER · License #02074918
(949) 423-9188
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 12:40PM
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 MCKENSIE LOWSTETTER
Investment Insights
Based on property information with market context.
This shovel-ready development opportunity is located in the River Road corridor of Corona. The approximately 0.42-acre (approximately 18,295 SF) level, infill corner parcel at River Rd & Cota St offers visibility, site identity, and circulation planning. All plans are fully approved, including construction, civil, architectural, and required permits, allowing construction to begin immediately. The approved project consists of nine condominium units ranging from approximately 1,120 to 1,312 SF, totaling approximately 15,170 SF across three stories, with 20 parking spaces. It is located within a short walk to major shopping and numerous dining options, and minutes from the 91 and 15 freeways, providing regional connectivity to Orange County, Riverside, the Inland Empire, and San Diego. The property is also near recreation amenities including access to the Santa Ana River Trail. Multiple exit strategies are available: build-to-sell (retail condo sellout), build-to-hold for income generation, or a hybrid partial sellout/partial hold model. Seller is open to assisting with construction following land sale with approved plans in place.
Key Highlights
- Shovel‑ready: All plans fully approved for immediate construction start.
- Approved for 9 condominium units, ranging from 1,120–1,312 SF, totaling ±15,170 SF across three stories, with 20 parking spaces.
- ±0.42‑acre (±18,295 SF) level, infill corner parcel at River Rd & Cota St with strong visibility and excellent site identity.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Shovel-ready 9-unit condo development with approved plans.
Where is this commercial land located?
The property is located at 449 River Rd 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: All plans fully approved for immediate construction start.; Approved for 9 condominium units, ranging from 1,120–1,312 SF, totaling ±15,170 SF across three stories, with 20 parking spaces.; **±0.42‑acre (±18,295 SF) level, infill corner parcel at River Rd & Cota St with strong visibility and excellent site identity.**
