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Approved Corona Condo Development Opportunity

449 River Rd, Corona, CA 92878

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For Sale

$1,400,000

Shovel-ready 9-unit condo development with approved plans.

Type:Commercial

Property size:

15,170 SF

Lot size:

0.42 Acres

Price / SF:

$92/SF

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.
Strategically located within walking distance to shopping and dining, and minutes from the 91 and 15 freeways.
Multiple exit strategies: build‑to‑sell, build‑to‑hold, or hybrid model.
Near recreation amenities, including access to the Santa Ana River Trail.

We can help!

Listing Contact

MCKENSIE LOWSTETTER

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For Sale

$1,400,000

Shovel-ready 9-unit condo development with approved plans.

Type:Commercial

Property size:

15,170 SF

Lot size:

0.42 Acres

Price / SF:

$92/SF

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 4:28 pm

Property Features for 449 River Rd

General Information

Standard status: Active
Size: 15,170 SF
Lot size: 0.42 Acres
Property subtype: Commercial

We can help!

Listing Contact

MCKENSIE LOWSTETTER

Listing agent MCKENSIE LOWSTETTER License #02074918

Listing office

Listing date Apr 24, 2026

Source Elliman

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

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.
Strategically located within walking distance to shopping and dining, and minutes from the 91 and 15 freeways.
Multiple exit strategies: build‑to‑sell, build‑to‑hold, or hybrid model.
Near recreation amenities, including access to the Santa Ana River Trail.

Overview

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.

Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Corona
County: Riverside
State: California
Longitude: -117.5687008
Latitude: 33.8931611

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For sale
Commercial land
CA
Corona
92878
449 River Rd

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.**