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$1,655,000
Est. payment /mo
8,712 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26087885
HOA Y/N No
Lot Size 8,712 Sqft
Property Sub-Type Mixed Use
Property Description
Unlock the full potential of 4802 W. 1st Street, an asset whose highest and best use is realized as the vital missing piece of a ±18,092 SF assemblage. By acquiring this property alongside the directly adjacent parcel at 4728 W. 1st Street—available concurrently and priced for a joint closing—investors can shift from a small-scale project into a high-yield residential community.
At a combined 0.415 acres, the site scales into a 14–20 unit for-sale townhome development, mirroring the successful product types currently being approved just blocks away. Leveraging SB 6 guidelines and a 20–50% Density Bonus, the assemblage offers a path to a significant project scale that maximizes financial viability in a high-demand corridor.
With local for-sale units moving between $750K and $950K, this combined site offers a projected gross sellout of $10.5M to $15.2M. Based on a combined land basis of approximately $1.7M, this represents a rare opportunity to capture an estimated developer profit of $2.5M to $5.0M. Secure both parcels to command this premier footprint in the heart of Santa Ana's transformation.
At a combined 0.415 acres, the site scales into a 14–20 unit for-sale townhome development, mirroring the successful product types currently being approved just blocks away. Leveraging SB 6 guidelines and a 20–50% Density Bonus, the assemblage offers a path to a significant project scale that maximizes financial viability in a high-demand corridor.
With local for-sale units moving between $750K and $950K, this combined site offers a projected gross sellout of $10.5M to $15.2M. Based on a combined land basis of approximately $1.7M, this represents a rare opportunity to capture an estimated developer profit of $2.5M to $5.0M. Secure both parcels to command this premier footprint in the heart of Santa Ana's transformation.
Location
State CA
County Orange
Area 68 - N Of Heil, S Of Blsa, E Of Brookhrst, W Of Ha
Interior
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Available, Sewer Available
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 10810149
Special Listing Condition Auction
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Listed by Karen Ngoc Lang Luu Century Financial Group, Corp. #01426053
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