1717 Via Del Rio

    Corona, CA 92882
    • $6,000,000
    • STATUS: Active
    • ON SITE: 384 days
    • ID#: EV17100317
    UPDATED: 51 min ago
    $6,000,000
    • 0
      BEDS
    • 2.82
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Ratings & Info

    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 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 ****

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-05-27T14:27:27.283. 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.
    www.bestlahomefinder.com/homes/72359456

    1717 Via Del Rio Corona, CA 92882

    • Price: $6,000,000
    • Status: Active
    • Updated: 51 min ago
    • ID#: EV17100317
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.82
    Acres
    Neighborhood:
    248 - Corona
    County:
    Riverside
    Area:
    248 - Corona
    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 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 ****
    Exterior Features

    Lot Features 26-30 Units/AcreLot Shape-RectangularPaved Lot Size Source Assessor Lot Size Units Square Feet Road Frontage Type City Street Road Surface Type Paved Survey Corners Marked View Neighborhood View YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features Suburban Country Us Distance To Bus Comments 0.5M Distance To Electric Comments Adjacent Distance To Freeway Comments 0.5M Distance To Gas Comments Adjacent Distance To Phone Service Comments Adjacent Distance To Place Of Worship Comments Adjacent Distance To Schools Comments Adjacent Distance To Sewer Comments Adjacent Distance To Shopping Comments Lessthan1m Distance To Street Comments Adjacent Distance To Water Comments Adjacent Electric Standard Elevation Units Feet Land Lease YN No Special Listing Conditions Standard Utilities Phone ConnectedSewer ConnectedWater Connected Water Source Public Zoning R-3

    Listing provided courtesy of Jeffrey Nyal of Century 21 Fairway Realty, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-05-27T14:27:27.283. 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.
     
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    Covina CA, 91723