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$ 1,400,000
Est. payment | /mo
0.43 Acres Lot
$ 1,400,000
Est. payment | /mo
0.43 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Corona
MLS Listing ID IV26057661
HOA Y/N No
Lot Size 0.430 Acres
Property Description
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. 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.
Location
State CA
County Riverside
Area 248 - Corona
Zoning R3
Interior
Fireplace No
Exterior
Community Features Street Lights, Sidewalks
View Y/N Yes
View City Lights, Hills
Building
Lot Description 6-10 Units/Acre
Water Public
New Construction No
Others
Senior Community No
Tax ID 119081012
Acceptable Financing Cash, Cash to Existing Loan, Conventional
Listing Terms Cash, Cash to Existing Loan, Conventional
Special Listing Condition Standard
Listed by MCKENSIE LOWSTETTER SIMPLE REAL ESTATE GROUP 949-423-9188, DRE #02074918
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