4728 W 1st Street, Santa Ana, CA 92703
List Price: $1.66M
Listing Status: Active
0Days on Market: 3
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Lot Size: 9,583 sq ft
MLS Number: PW26087884
About This Property
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.
Listing provided by: Karen Ngoc Lang Luu DRE #01426053 442-386-2495 kluu2495@gmail.com, Century Financial Group, Corp.
Source: CRMLS, MLS #: PW26087884
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.