Corona, CA 92882 1717 Via Del Rio Avenue
$6,000,000
Pending
24 more
Presented By: Jeffrey Nyal with Coldwell Banker Home Source; 7608877779
- MLS# 485106
- 10/31/2018
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Home Details
****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 ****
Presented By: Jeffrey Nyal with Coldwell Banker Home Source; 7608877779
Interior Features for 1717 Via Del Rio Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 1717 Via Del Rio Avenue
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityCorona
Community FeaturesCurbs, Gutters
CountyRiverside
DirectionsInterstate 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 PIQ Cross Street: Paseo Grande.
Electric On Property Y/NNo
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Submit
Lot Size Square Feet122839.0
Lot Size UnitsSquareFeet
MobileHomeRemainsYNNo
New ConstructionNo
PossessionNegotiable
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Tax Lot2
TopographyLevel
UtilitiesCableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, SewerConnected, WaterAvailable
ViewCityLights
Virtual TourClick here
Waterfront Y/NNo
Zoning DescriptionResidential 3
Exterior for 1717 Via Del Rio Avenue
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions276' X 437' X 286' X 406
Lot FeaturesPaved, Level
Lot Size Acres2.82
Lot Size Area122839.0
Lot Size SourceAssessor
Open Parking Y/NNo
Private PoolNo
Road Surface TypePaved
SpaNo
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate