1717 Via Del Rio Avenue, Corona, CA 92882

Corona
Local realty services provided by:ERA Excel Realty
1717 Via Del Rio Avenue,Corona, CA 92882
$6,000,000
  • 2.82 Acres
  • Lots / Land
  • Pending
Listed by: jeffrey nyal
Office: coldwell banker home source
MLS#:485106
Source:CRMLS

Price summary

  • Price:$6,000,000

About this home

****Land development opportunity located in the booming city of Corona, CA. Currently being conditionally used as a Church, the almost 3 acres is zoned R-3 Multi-Family allowing for up to 82 units. The parcel is located only a few blocks from the 91 FWY, and minutes from Interstate 15. Tentative Tract Map # 37314 underway with city planning department, proposing 48 Townhouses with the potential to generate lucrative cap rates. In addition plans have been proposed to build 82 apartment units, adding even more possibilities for the site. Adjacent to an elementary school, and an already existing apartment complex, it makes sense for this site to live up to its full potential. Several residential projects have been completed in the area. Investors started cash flowing with greater than expected interest from buyers/tenants. A development opportunity like this is definitely worth some consideration. Come VIEW and make an OFFER TODAY ****

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Home facts

  • Listing ID #:485106
  • Added:1152 day(s) ago
  • Updated:March 29, 2026 at 07:29 AM

Structure and exterior

  • Lot area:2.82 Acres
  • Lot Features:Level with Street, Paved

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available, Sewer Connected

Finances and disclosures

  • Price:$6,000,000
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