449 River RdCorona, CA 92878

Description

Shovel-ready 9-unit condominium development opportunity in the River Road corridor of Corona. This ±0.42-acre (±18,295 SF) level, infill corner parcel at River Rd & Cota St offers strong visibility, excellent site identity, and practical circulation planning. All plans are fully approved — including construction, civil, architectural, and required permits — allowing a Buyer/Investor to begin construction immediately. The approved project consists of nine (9) condominium units ranging from approximately 1,120–1,312 SF, totaling ±15,170 SF across three stories, with 20 parking spaces (see approved plans). Strategically located within a short walk to major shopping and numerous dining options, and just 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 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. An exceptional opportunity to step into a fully entitled project in a high-demand Southern California market.

Property Information

Property type

Commercial Sale

Sub-type

Mixed Use

Building area

18,731 Sq Ft

Lot size

0.43 acres

Days on market

219

MLS^® Listing#

IV26038747

Property Features

Laundry

None

Water source

Public

Parcel number

119081012

Directions

15 N, Exit hidden valley Left, Left Hamner, Right Parkridge, Left Cota. On corner of Cota and River Rd