4802 W 1st Street, Santa Ana, CA 92703

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.

PROPERTY DETAILS: Square Feet: 937

LISTING AGENT: Agent: Karen Ngoc Lang Luu | Office: Century Financial Group, Corp. | Phone: 442-386-2495 | Email: [email protected]

LISTING INFORMATION: MLS#: PW26087885 | Status: FOR SALE