4728 W 1st Street, Santa Ana, CA 92703
Property Details
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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.
PROPERTY DETAILS: Square Feet: 1625
LISTING AGENT: Agent: Karen Ngoc Lang Luu | Office: Century Financial Group, Corp. | Phone: 442-386-2495 | Email: [email protected]
LISTING INFORMATION: MLS#: PW26087884 | Status: FOR SALE
Location
Address
4728 W 1st Street
City
Santa Ana
Features and Finishes
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