List Price: $3.9M

Listing Status: Active

Original List Price: $6.95M

Days on Market: 500

0 Bedrooms · 0 Bathrooms

Property Type: Land

Lot Size: 40,000 sq ft

Annual Property Tax: $20,000

MLS Number: OC25082773

About This Property

APN #s: 405 - 321 - 08, 405 - 321 - 09, 405 - 321 - 13 Does not include the house and lot at 1501 N Lowell This is your opportunity to own more than an acre (approximately 40,000 sq ft) of residential land in the established Washington Square neighborhood of Santa Ana, near the revitalized downtown area and with close access to the 5, 22, 55 and 57 freeways. The parcels straddle the northern boundaries of both Olive and Lowell streets, providing two access points from existing roads and includes the land on the corner of 15th & Lowell, that allows for greater street access to the overall property. The land to the west is also available. The land is near the prestigious neighborhood of Floral Park and within a mile of the city’s downtown area, which in recent years has undergone a renaissance, with the addition of award-winning restaurants, breweries & nightlife entertainment, and a bustling arts scene. This offer presents a great opportunity for a residential developer as it is within a city - designated transit area (per Santa Ana’s Transit Proximity Map – 2019) and therefore can best incorporate the provisions for density set forth in California Senate Bill 9. Buyers are advised to contact the City of Santa Ana to verify potential for development.

Listing provided by: Clarke Fairbrother DRE #00691601 949-852-5575 clarkef@newportpacific.com, Newport Pacific Capital Co.

Source: CRMLS, MLS #: OC25082773