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1717 Via Del Rio Avenue, Corona, CA 92882

Commercial property

1717 Via Del Rio Avenue, Corona, CA 92882 Sold April 2026 CRMLS
$4,500,000Sold April 2026

Listing Agent: Jeffrey Nyal (DRE #01373556) · Listing Office: Coldwell Banker Home Source · Contact: 7608877779 · Bought with: Thomas Doyle · Thomas Doyle Real Estate · MLS #485106 · Source: CRMLS

122,839 sqft
Lot Size
Commercial property
Type

About this commercial property

****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 ****

Listing description from the April 2026 sale, as reported to CRMLS.

Sale history

$4,500,000
Sold April 2026 · listed $6,000,000, on market May 2017 · MLS #485106 · Source: CRMLS
Listing Agent: Jeffrey Nyal · Listing Office: Coldwell Banker Home Source · Contact: 7608877779 · Bought with: Thomas Doyle · Thomas Doyle Real Estate
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