Demand for Quality Housing in Corona Brings New Luxury Apartments

The area of Corona, Calif., has a high demand for quality rental housing and for the first time in a while, ground has broken for new luxury apartments.

By Andie Lowenstein, Associate Editor

Corona, Calif.—The area of Corona, Calif., has a high demand for quality rental housing and for the first time in a while, ground has broken for new luxury apartments.

MBK Rental Living announced Tuesday the grand opening of Palisades at Sierra Del Oro, a collection of 288 for-lease lavish 54ac314bd52c0904apartments. Centrally located at Riverside County at 2300 Palisades Drive, this gated community appeals to a demographic looking for a sophisticated lifestyle away from the typical urban centers with resort-inspired amenities. Leasing is currently in progress, with a model residence available for touring daily.

“It has been a long time since Corona has seen new construction for apartments and there is pent up demand for this type of high-quality community in the area,” said Rick Fletcher, vice president, Sales and Marketing for MBK. “Given our experience in the new, for-sale home market, we are in a unique position to create a high-end product tailored to fit its surroundings and its renters. This community raises the housing bar in Corona and is appealing to a strong demographic of young professionals and families who are drawn to the convenience of rental living in Southern California.”

Revamping the idea of rental housing in Corona, residences at Palisades at Sierra Del Oro are complete with for-sale quality finishes and amenities such as extensive 9-foot ceilings and open concept living areas. The community highlights six floor plan choices including one-, two-, and three-bedroom options with one- and two-bathrooms, varying in size from 842 to 1,410 square feet. Homes contain personal balconies or patios, air conditioning, accent color walls, paneled doors, full-size washers and dryers, refurbished wood-style flooring and flat panel TV connects in living rooms. Kitchens include stainless steel appliance packages, granite countertops, modern shaker-style cabinetry and USB charging ports.

54ac3163c5863336Palisades at Sierra Del Oro showcases its Spanish Revival style architecture by Orange-based Architects Orange, with opulent landscaped grounds by Costa Mesa-based Sitescapes, Inc. Community amenities include a resort-inspired pool and spa, community gathering areas and barbecues, an outdoor lounge with a fireplace, a state-of-the-art fitness center and a tot lot and playground for children and families. Indoor amenities include a conference room, clubhouse with television and full kitchen, Wi-Fi access in common areas, and a convenient package delivery system. Private garage spaces or assigned covered parking are available per unit. Palisades at Sierra del Oro is pet friendly, controlled access community with professional on-site management by Alliance Property Management.

Residents are just minutes from award-winning schools in the Corona-Norco Unified School District, including the high-ranking Prado View Elementary School. Other top employers close in proximity are Corona Regional Medical Center, Kaiser Permanente, Fender, and Watson Pharmaceuticals. Palisades at Sierra del Oro has easy access to California State Route 91 and Interstate 15 by which a variety of Southern California destinations throughout Orange County and Los Angeles can be reached. The community is also located only one freeway exit from Orange County.

Palisades at Sierra Del Oro is the second project for MBK Rental Living, a division of veteran builder MBK Homes, which debuted in 2014 with Ocean Air, a high-end, for-lease townhome community in Torrey Hills, Calif. Rentals range from approximately $1,525 – $2,375 per month and occupancy started in March 2015.

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