1717 Via Del Rio AVE, Corona, CA 92882 – 485106

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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$6,000,000

Est. payment - /mo

2.82 Acres Lot

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Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 485106

HOA Y/N No

Lot Size 2.820 Acres

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 ****

Location

State CA

County Riverside

Interior

Fireplace No

Exterior

Community Features Curbs, Gutter(s)

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Water Available

View Y/N Yes

View City Lights

Building

Lot Description Paved, Level

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 103200088

Acceptable Financing Cash, Submit

Listing Terms Cash, Submit

Special Listing Condition Standard

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Listed by Jeffrey Nyal • Coldwell Banker Home Source • 7608877779

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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1717 Via Del Rio AVE Corona, CA 92882

Patricia Beattie

Key Details

Location

Interior

Exterior

Building

Others

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