$8,500,000
2.82 acres
33.872298 -117.601436
FOR SALE

1717 Via Del Rio Avenue Corona, CA 92882

$8,500,000
Est. Monthly $43,221 recalculate
2.82 acres
 

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Jeff Nyal
Jeff Nyal CENTURY 21 Fairway Realty
18484 Hwy 18, Ste 150
Apple Valley, CA 92307
760.­242.6000
760.­242.6000
CENTURY 21 Fairway Realty
18484 Hwy 18, Ste 150 Apple Valley, CA 92307
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1717 Via Del Rio Avenue
Corona, CA 92882

Explore This Property

Vacant Land - ****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 nearly 50 units. The parcel is strategically 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. 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. Please contact your real estate agent today for a copy of a complete Offering Memorandum. A development opportunity like this is definitely worth some consideration. ****

Showing Instructions Go Direct. Public Access. Appt Only To See Buildings.

Agent Remarks Email offers to jeffnyal2gmail.com with copy of proof of funds to close. Offering Memorandum is attached to listing under the supplements. Or can email listing agent for a copy
MLS # 485106
Listed By CENTURY 21 Fairway Realty

Property Features

  • Heating - Fuel Type: Other
  • Lot Size: 2.82 Acres
  • Style: Other Style
  • Views: City / Strip

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $43,221Your estimated monthly payment
    $1,700,00020% Down Payment
    $8,500,000 $7,650,000
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    CORONITA ELEMENTARY SCHOOL
    Grades K-6 | Public School

    CORONA, CA 92882
    1757 VIA DEL RIO
    951-736-3389
    0.2
    miles

    Total Students 600
    Student Teacher Ratio 22:1

    School Rating

    2 stars View School Details
    Middle School
    LETHA RANEY INTERMEDIATE SCHOOL
    Grades 6-8 | Public School

    CORONA, CA 92882
    1010 W CITRON ST
    951-736-3221
    1.2
    miles

    Total Students 810
    Student Teacher Ratio 23:1

    School Rating

    4 stars View School Details
    CORONA FUNDAMENTAL INTERMEDIATE SCHOOL
    Grades 7-8 | Public School

    CORONA, CA 92882
    1230 S MAIN ST
    951-736-3321
    2.0
    miles

    Total Students 850
    Student Teacher Ratio 23:1

    School Rating

    3 stars View School Details
    High School
    CORONA HIGH SCHOOL
    Grades 9-12 | Public School

    CORONA, CA 92882
    1150 W 10TH ST
    951-736-3211
    0.9
    miles

    Total Students 2617
    Student Teacher Ratio 15:1

    School Rating

    4 stars View School Details
    ORANGE GROVE HIGH SCHOOL
    Grades 9-12 | Public School

    CORONA, CA 92882
    300 S BUENA VISTA AVE
    951-736-3339
    1.5
    miles

    Total Students 142
    Student Teacher Ratio 11:1
    View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Cesar Chavez Academy 0.4 mi Public PRESCHOOL-8
    Christian Heritage School 0.6 mi Private K-12
    Corona Vista High School 0.9 mi Public 9-12
    John Adams Elementary School 0.9 mi Public K-6
    Grace Lutheran School 1.3 mi Private PRESCHOOL-K
    Prado View Elementary School 1.3 mi Public PRESCHOOL-6
    Childrens Montessori Center 1.3 mi Private PRESCHOOL-1
    Jefferson Elementary School 1.4 mi Public K-6
    Corona-norco Adult 1.5 mi Public UNGRADE-UNGRADE
    Benjamin Franklin Elementary School 1.5 mi Public PRESCHOOL-6
    Vicentia Elementary School 1.6 mi Public K-6
    St. Edward School 1.8 mi Catholic PRESCHOOL-8
    Foothill Elementary School 1.8 mi Public PRESCHOOL-6
    Grace Christian Academy 1.8 mi Private PRESCHOOL-12
    Montessori School Of Corona 2.0 mi Private K-8

    Local Area Information for Corona, CA 92882

    Median Age: 33.6
    Married: 40.0%
    Number of Households: 20,406
    Households with Children: 9,022
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.