449 River Rd

Corona, CA 92878

$1,400,000
Price
—
Beds
—
Baths
18,731 Sq. Ft.
$75 / Sq. Ft.
18,731
Sq. Ft.
$75
per Sq. Ft.
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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...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.
  1. Listed by MCKENSIE LOWSTETTER • DRE #02074918 • Brokerage DRE #02014618 • SIMPLE REAL ESTATE GROUP • 949-423-9188

Property Details for 449 River Road

Lot Size Source
Assessor
Building Area Total
18731
Building Area Units
Square Feet
Stories Total
0
Entry Level
0
Parcel Number
119081012
Area
Corona (248)
Directions
15 N, Exit hidden valley Left, Left Hamner, Right Parkridge, Left Cota. On corner of Cota and River Rd
LISTING UPDATED: 03/16/2026 01:51 PM

Property Details for 449 River Road

StatusActive
MLS #IV26038747
Days on Market82
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built-
Lot Size0.43 AC / 18,731 SF
CountyRiverside County
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Location

Listing Courtesy of SIMPLE REAL ESTATE GROUP, MCKENSIE LOWSTETTER, DRE #02074918
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Building Information for 449 River Road

Stories-Residences-Year Built-Lot Size0.43 AC / 18,731 SF

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$7,652 per month

30 year fixed, 6.46% Interest

Principal and Interest

$7,050

Property Taxes

$602

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 449 River Road

Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 6-10 Units/Acre
  • Current Use: Unimproved
  • Land Use: Multi-Family, Other
  • Water Source: Public
Property / Structure Info
  • Building Status: Land

Property History for 449 River Road

DateEvent & SourcePriceAppreciation
Mar 16, 2026

Listed (Active)

CRMLS #IV26057661

$1,400,000—
Feb 20, 2026

Listed (Active)

CRMLS #IV26038747

$1,400,000—
Feb 2, 2026

Listed (Active)

CLAW #IV26057661MR

$1,400,000—
DateEvent & SourcePrice
03/16/2026

Listed (Active)

CRMLS #IV26057661

$1,400,000
02/20/2026

Listed (Active)

CRMLS #IV26038747

$1,400,000
02/02/2026

Listed (Active)

CLAW #IV26057661MR

$1,400,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 449 River Road

Taxable ValueLand$635,662Additions-Total$635,662
Tax Record2025$7,227 ($602 / month)
Home Facts
Lot Size18,730 SqFtStyleCommercialZoningR3CountyRIVERSIDEAPN119-081-012

Schools near 449 River Road

This home is within Corona-Norco Unified School District.
Rating
School
Type
Grades
Distance
Parkridge Elementary School
Public - K to 6
Auburndale Intermediate School
Public - 7 to 8
Norco High School
Public - 9 to 12
Victress Bower School For Exceptional Students
Public - K to 12
Rating
School
Distance
Parkridge Elementary School
PublicK to 6

Auburndale Intermediate School
Public7 to 8

Norco High School
Public9 to 12

Victress Bower School For Exceptional Students
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 449 River Road, Corona, CA 92878

449 River Road is a mixed use property for sale in Corona, CA 92878. This property was listed for sale on February 20, 2026 by SIMPLE REAL ESTATE GROUP, it's currently listed at $1,400,000. It has been on the market for a total of 82 days and was last sold on August 24, 2021. This listing's school district is Corona-Norco Unified School District. Nearby schools include Parkridge Elementary School, Auburndale Intermediate School and Norco High School. 449 River Road is a 0-bed, 0-bath, 18,731 sqft mixed use property.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SIMPLE REAL ESTATE GROUP, MCKENSIE LOWSTETTER, DRE #02074918

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.