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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 Type(s):
Commercial
| Last Updated | 4/23/2026 | Year Built | 0 |
|---|---|---|---|
| Community | 68 - N of Heil, S of Blsa, E of Brookhrst, W of Ha | County | Orange |
Additional Details
| AREA | 68 - N of Heil, S of Blsa, E of Brookhrst, W of Ha |
|---|---|
| LOT | 8712 sq ft |
| LOT DIMENSIONS | 8712 |
| STORIES | 1 |
| UTILITIES | Electricity Available, Sewer Available |
| WATER | Public |
Location
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Listed with Century Financial Group, Corp.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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