1717 Via Del Rio Avenue

Estimated Monthly Payment: $27,361/mo 1717 Via Del Rio Avenue, Corona, CA 92882 MLS# 485106 Land Listing Status: Active
1,794
720
14
0
0

REMARKS:

****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 additions 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 **** Access Type: Public Access # of RV Spaces: 0 Zoning Description: Residential 3 Lot Location Type: Standard Location Development Status: Other Easements: See Map of Record Miscellaneous: Curb,Gutter,Existing Structure Utility Adjc to Site: Gas,Electric,Water,Telephone,Sewer,Cable # of Attached Spaces: 0 # of Detached Spaces: 0 # of RV Spaces: 0

OVERVIEW:

Land
Active
122839
2.82
Public
Sewer Paid
Sewer Connected,Sewer Available
Level
276' X 437' X 286' X 406
Paved

FEATURES:

City Lights

FINANCIAL:

6000000

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Coldwell Banker Home Source, Jeffrey Nyal

 

Data last updated 12:40:47 AM, 10/21/2020

 

Based on information from California Regional Multiple Listing Service, Inc. as of 10/21/2020. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

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