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 corridornear a 60-unit townhome project and a planned 9-story mixed-use towerthis property offers the chance to model 12-20 units in a market where for-sale product is moving at $850K-$950K per unit.
| MLS # | PW26087884 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 121 |
| Listing Provided By | Century Financial Group, Corp. | Karen Ngoc Lang Luu |
| SQ Feet | 1,625 |
|---|---|
| Story(s) | 1 |
| Acreage | 0.22 |
| Lot Features | Zero To One Unit Acre, Value In Land |
|---|
| State | CA |
|---|---|
| County | Orange |
| City | Santa Ana |
| Zip Code | 92703 |
| Area | 68 N of Heil | S of Blsa | E of Brookhrst | W of Ha |
| Listing VS Median (in 92703) | |
Price: $1,655,000 low | high Med: $1,825,000 sqft: 1,625 low | high Med: 3,797 $ / sqft: $1,018 low | high Med: $481 On site: 121 low | high Med: 61 | |
| State | CA |
|---|---|
| County | Orange |
| City | Santa Ana |
| Zip Code | 92703 |
| Area | 68 N of Heil | S of Blsa | E of Brookhrst | W of Ha |
| Listing VS Median (in 92703) | |
Price: $1,655,000 low | high Med: $1,825,000 sqft: 1,625 low | high Med: 3,797 $ / sqft: $1,018 low | high Med: $481 On site: 121 low | high Med: 61 | |