1717 Via Del Rio Avenue, Corona, CA 92882
- $4,500,000
- Sold Price
- $4,500,000
- List Price
- $6,000,000
- Closing Date
- Apr 15, 2026
- Status
- CLOSED
- MLS#
- 485106
- Lot Size
- 122,839
- Acres
- 2.82
- Lot Location
- Paved, Level
- Days on Market
- 1905
- Property Type
- Land
Property Description
****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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Additional Information
- View
- City Lights
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Jeffrey Nyal (jeffnyal@gmail.com) from Listing Office: Coldwell Banker Home Source.
Listing sold by Thomas Doyle from Thomas Doyle Real Estate
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.