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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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449 River Rd, Corona – $1,400,000

  • $1.4M Price
  • .43 Acres
  • 79 DOM
  • $1.4M Price
  • .43 Acres
  • 79 DOM

449 River Rd

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.

Essential Information

  • MLS® #IV26038747
  • Price$1,400,000
  • Bathrooms0.00
  • Acres0.43
  • TypeCommercial Sale
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address449 River Rd
  • Area248 - Corona
  • CityCorona
  • CountyRiverside
  • Zip Code92878

Exterior

  • Lot DescriptionSixToTenUnitsAcre

Additional Information

  • Date ListedFebruary 20th, 2026
  • Days on Market79

Listing Details

  • AgentMckensie Lowstetter
  • OfficeSIMPLE REAL ESTATE GROUP
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Mckensie Lowstetter, SIMPLE REAL ESTATE GROUP.

Based on information from California Regional Multiple Listing Service, Inc. as of May 10th, 2026 at 12:55pm PDT. 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.