ActiveCommercial · sale

4802 W 1st Street

Santa Ana, CA 92703

$1,655,000

  • 0.2 acres

Listed by Century Financial Group, Corp. · MLS #PW26087885

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4802 W 1st Street, Santa Ana, CA 92703 · MLS #PW26087885

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A FEW THINGS TO NOTICE

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Property size

0.2 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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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.

THE NEIGHBORHOOD

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4802 W 1st Street, Santa Ana, CA 92703

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LOCAL MARKET CONTEXT

Orange County housing market

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12-month price trend$1,230,134Up 2.6% vs. the previous 12 months
Months of supply2.912-month average
Days on market3712-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

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Property type
CommercialSale
Category
Commercial
Utilities
ElectricityAvailable,SewerAvailable
Parcel
10810149

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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Listing information

MLS #PW26087885 · California Regional MLS

Listing brokerage: Century Financial Group, Corp.
Listing agent: Karen Ngoc Lang Luu

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.