1717 Via Del Rio, Corona, CA 92882

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Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

kobezimmerman@bhhscal.com +1(858) 753-3353

$6,000,000

Est. payment - /mo

2.82 Acres Lot

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 485106

Lot Size 2.820 Acres

Lot Dimensions 276' X 437' X 2

Property Sub-Type Lots/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 ****

Location

State CA

County Riverside

Direction Interstate 15 N to 91 Fwy. W on 91 Fwy to Exit 6th St. 6th St E to Paseo Grande. Paseo Grande S to Via Del Rio. Via Del Rio E to

Interior

Fireplace No

Exterior

Utilities Available Cable TV, Electric, Natural Gas, Telephone

View Y/N No

Others

Tax ID 103200088

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Listed by Jeffrey Nyal Coldwell Banker Home Source

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1717 Via Del Rio Corona, CA 92882