1717 Via Del Rio Corona, CA 92882
Central Corona NeighborhoodEstimated payment $33,974/month
Highlights
- City Lights View
- 2.82 Acre Lot
- Paved or Partially Paved Lot
About This Lot
****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 addition 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 ****
Listing Agent
Coldwell Banker Home Source Brokerage Phone: 7608877779 License #01373556 Listed on: 05/06/2017
Property Details
Property Type
- Land
Est. Annual Taxes
- $13,473
Lot Details
- 2.82 Acre Lot
- Lot Dimensions are 276' x 437' x 286' x 406
- Paved or Partially Paved Lot
- The property's topography is level
- Zoning described as Residential 3
Utilities
- Phone Available
- Cable TV Available
Additional Features
- City Lights Views
- Rain Gutters
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 103200088
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,473 | $2,092,057 | $316,225 | $1,775,832 |
| 2023 | $13,473 | $1,157,385 | $303,947 | $853,438 |
| 2022 | $376 | $1,134,692 | $297,988 | $836,704 |
| 2021 | $375 | $1,112,445 | $292,146 | $820,299 |
| 2020 | $375 | $1,101,039 | $289,151 | $811,888 |
| 2019 | $375 | $1,079,451 | $283,482 | $795,969 |
| 2018 | $375 | $1,058,286 | $277,924 | $780,362 |
| 2017 | $375 | $1,037,536 | $272,475 | $765,061 |
| 2016 | $375 | $1,017,193 | $267,133 | $750,060 |
| 2015 | $375 | $1,001,916 | $263,121 | $738,795 |
| 2014 | $375 | $982,292 | $257,968 | $724,324 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2023 08/30/23 | Pending | -- | -- | -- |
| 06/27/2023 06/27/23 | For Sale | $6,000,000 | 0.0% | -- |
| 05/01/2023 05/01/23 | Pending | -- | -- | -- |
| 11/10/2022 11/10/22 | For Sale | $6,000,000 | 0.0% | -- |
| 12/02/2021 12/02/21 | Pending | -- | -- | -- |
| 05/06/2017 05/06/17 | For Sale | $6,000,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Accommodation |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000,000 | New Conventional | |
| Previous Owner | $32,900,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: 485106
APN: 103-200-088
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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