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1717 Via Del Rio Avenue, Corona, CA

$6,000,000 - $6M Price - 2.82 Acres - 921 DOM

****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 additions 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 **** Access Type: Public Access # of RV Spaces: 0 Zoning Description: Residential 3 Lot Location Type: Standard Location Development Status: Other Easements: See Map of Record Miscellaneous: Curb,Gutter,Existing Structure Utility Adjc to Site: Gas,Electric,Water,Telephone,Sewer,Cable # of Attached Spaces: 0 # of Detached Spaces: 0 # of RV Spaces: 0

Essential Information

For 1717 Via Del Rio Avenue, Corona, CA
  • MLS® # 485106
  • Price $6,000,000
  • Acres 2.82
  • Type Lot-Land
  • Sub-Type Lots and Land
  • Status Active

Community Information

For 1717 Via Del Rio Avenue, Corona, CA
  • Address 1717 Via Del Rio Avenue
  • City Corona
  • County Riverside
  • State CA
  • Zip Code 92882

Amenities

For 1717 Via Del Rio Avenue, Corona, CA
  • View City Lights View

Utilities

For 1717 Via Del Rio Avenue, Corona, CA

Sewer Available, Sewer Connected

Exterior

For 1717 Via Del Rio Avenue, Corona, CA
  • Lot Description Paved

Additional Information

For 1717 Via Del Rio Avenue, Corona, CA
  • Date Listed May 6th, 2017
  • Days on Market 921

Listing Details

For 1717 Via Del Rio Avenue, Corona, CA
  • Agent Jeffrey Nyal(01373556)
  • Office Coldwell Banker Home Source

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Based on information from California Regional Multiple Listing Service, Inc. as of November 14th, 2019 at 6:53pm PST. 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.