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$1,655,000
Est. payment /mo
9,583 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26087884
HOA Y/N No
Lot Size 9,583 Sqft
Property Sub-Type Mixed Use
Property Description
Secure a premier location on one of Orange County's most trafficked and culturally vibrant commercial corridors. This freestanding retail/office building offers a rare combination of direct W. 1st Street frontage and a dedicated private rear parking lot on a ±9,380 SF C5-zoned lot. While perfect for an owner-user or an investor seeking stable cash flow in a high-demand area, the true value lies in the long-term land play and the exceptional optionality it provides.
For the strategic developer, this lot serves as the anchor for a potential ±18,295 SF assemblage when combined with the adjacent parcel at 4802 W. 1st Street. This combined footprint creates a prime site for mixed-use redevelopment under California's SB 6, allowing for residential projects on commercial land without the typical rezoning hurdles. Positioned in a rapidly transforming corridor—near a 60-unit townhome project and a planned 9-story mixed-use tower—this property offers the chance to model 12–20 units in a market where for-sale product is moving at $850K–$950K per unit.
For the strategic developer, this lot serves as the anchor for a potential ±18,295 SF assemblage when combined with the adjacent parcel at 4802 W. 1st Street. This combined footprint creates a prime site for mixed-use redevelopment under California's SB 6, allowing for residential projects on commercial land without the typical rezoning hurdles. Positioned in a rapidly transforming corridor—near a 60-unit townhome project and a planned 9-story mixed-use tower—this property offers the chance to model 12–20 units in a market where for-sale product is moving at $850K–$950K per unit.
Location
State CA
County Orange
Area 68 - N Of Heil, S Of Blsa, E Of Brookhrst, W Of Ha
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre, Value In Land
Story 1
Water Public
Others
Tax ID 10810147
Special Listing Condition Auction
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Listed by Karen Ngoc Lang Luu Century Financial Group, Corp. #01426053
Nearby Locations
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