449 River Rd
Corona, CA 92880 Corona

449 River Road, Corona, CA 92878 — 9-Unit Residential Condo Development | Shovel-Ready | Plans Approved

FOR SALE: $1.4MM (land only)

Rare opportunity to acquire a fully entitled, shovel-ready infill condominium project in one of Corona’s most convenient, high-demand pockets. All construction, civil, architectural, and related plans are complete and approved, allowing a Buyer/Investor to step in and begin construction immediately—eliminating the time, risk, and carrying costs typically associated with the entitlement and plan-approval process.

Situated on a level, highly visible corner parcel at River Rd & Cota St, this development offers strong address recognition, clean site identity, and practical access/circulation planning. The location is minutes to the 91 & 15 freeways, providing outstanding regional connectivity throughout the Inland Empire, Orange County, and beyond. Residents will enjoy a short walk to major shopping, dining, and daily conveniences, plus proximity to outdoor recreation with Santa Ana River Trail access nearby.

Multiple exit strategies make this project ideal for a wide range of investors and developers:
Build-to-sell (condo retail sellout)
Build-to-generate income (long-term hold)
Partial sellout / partial hold (hybrid strategy)
Seller can help build post-close, offering a smoother path from acquisition to vertical construction

Project Overview
Address: 449 River Road, Corona, CA 92878
APN: 119-081-012
Lot Size: ±0.42 AC (±18,295 SF)
Product Type: Condominium Development
Units: Nine (9) condos
Unit Sizes: ±1,120 – 1,312 SF (per approved plans)
Total Living Space: + 11,154 SF
Total Project Size: +/- 15,628 SF (includes other areas, such as corridors, lobby, parking and off-site improvements, etc.)
Building Height: 3 stories (per approved plans)
Parking: 20 spaces (per approved plans)
Topography: Level

This is a true turnkey, entitled development—a buyer can acquire the land with approvals in hand and immediately execute on a strategy tailored to today’s market: retail sellout, income hold, or a blended approach.