This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/7
$1,400,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/7
Property 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 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.
Full Property Details
Full Property Details for 449 River Rd
General
- Price: $1,400,000
- Status: Active
- Type: Commercial
- Source: MRMLS
- MLS ID: IV26038747
- Updated: 2/21/2026
- Days on Market: 1 days
- Added to Site: 1 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Riverside
- Driving Directions: 15 N, Exit hidden valley Left, Left Hamner, Right Parkridge, Left Cota. On corner of Cota and River Rd
Structural Information
- Stories/Levels: 0
- Building Size: 18731
- Square Feet: 18,731
- Current Bldg. Use: Unimproved
Lot Features
- Lot Size (Acres): 0.43
- Useable Acres: .43
- Lot Size (Sq. Ft.): 18,731
- Lot Size Source: Assessor
- Lot Features: 6-10 Units/Acre
- Lot Description: 6-10 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $74
Disclosures and Reports
- Property ID: 119081012
Listed by Simple Real Estate Group, MCKENSIELOWSTETTER
Get Pre-Approved Today
Schools
Schools serving 449 River Rd
School District:Corona-Norco Unified School District
| Name | Grades | Distance |
|---|---|---|
Parkridge Elementary School 750 Corona Avenue, Corona, CA 92879 | K-6 | 0.5 mi |
Auburndale Intermediate School 1255 River Rd., Corona, CA 92880 | 7-8 | 0.9 mi |
Norco High School 2065 Temescal Avenue, Norco, CA 92860 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 449 River Rd
Date
Details
Price
Change
Source
2/20/2026
Listed
$1,400,000
133.72%
MLS
7/21/2021
Sold
$599,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 449 River Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,227
3%
$635,662
2%
2024
$6,991
1%
$623,199
2%
2023
$6,895
2%
$610,980
2%
2022
$6,771
284%
$599,000
297%
2021
$1,764
1%
$150,921
1%
2020
$1,745
2%
$149,374
2%
2019
$1,706
2%
$146,446
2%
2018
$1,669
2%
$143,575
2%
2017
$1,630
1%
$140,760
2%
2016
$1,614
174%
$138,000
197%
2015
$590
3%
$46,450
2%
2014
$573
—
$45,541
—
2013
$572
—
$45,336
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 449 River Rd
449 River Rd, Corona, CA 92878 (MLS# IV26038747) is a Commercial property. 449 River Rd is currently listed for $1,400,000 and was received on February 20, 2026. Want to learn more about 449 River Rd? Do you have questions about finding other Commercial real estate for sale in Corona? You can browse all Corona real estate or contact a Coldwell Banker agent to request more information.

