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449 River Rd
For Sale $1,400,000
$1,400,000
- Units
- Unknown Sq Ft
- 18,731 Sq Ft
- Unknown Cap Rate
Description
Shovel-ready 9-unit condominium development opportunity in the River Road corridor of Corona. This ±0.42-acre (±18,295 SF) level, infill corner parcel at River Rd & Cota St offers strong visibility, excellent site identity, and practical circulation planning. All plans are fully approved — including construction, civil, architectural, and required permits — allowing a Buyer/Investor to begin construction immediately. The approved project consists of nine (9) condominium units ranging from approximately 1,120–1,312 SF, totaling ±15,170 SF across three stories, with 20 parking spaces (see approved plans). Strategically located within a short walk to major shopping and numerous dining options, and just minutes from the 91 and 15 freeways, providing regional connectivity to Orange County, Riverside, the Inland Empire, and San Diego. The property is also near recreation amenities including access to the Santa Ana River Trail. Multiple exit strategies available: build-to-sell (retail condo sellout), build-to-hold for income generation, or a hybrid partial sellout/partial hold model. Seller is open to assisting with construction following land sale with approved plans in place. An exceptional opportunity to step into a fully entitled project in a high-demand Southern California market.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,400,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 0 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 119081012 |
| MLS # | IV26038747 |
| Property ID | 322614040 |
| Lot Sqft | 18,731 |
| Zoning | Unknown |
| Days on Market | 6 |
| Original List Price | $1,400,000 |
| Date Updated | February 20, 2026 |
| Date Created | February 20, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
MCKENSIE LOWSTETTER an agent of . Lic #02074918
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 20, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT