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Key Details
Sold Price $4,450,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Santa Ana Heights Commercial (Sahc)
MLS Listing ID OC23012138
Annual Tax Amount $1,950
Tax Year 2022
Lot Size 0.894 Acres
Property Description
A perfectly positioned upscaled region of land in the heart of Central Orange County, this 38,280 sq. foot property is an optimal location suited for a wide range of developments. Mere minutes away from John Wayne Airport, the University of California, Irvine and the coastal attractions of Newport Beach, this plot presents new commercial / retail opportunities fit to optimize the established residential area that surrounds it.
The location contains a long-lived residence available for tear-down and is currently zoned Business Park District: SP-7 (BP), making it unrestricted for commercial use. Surrounding residences fill out what is a family-friendly and values-rich neighborhood community. This robust, highly demanded residential area is a delightful mixture of vibrant and relaxed. In clear proximity to State Routes 55 and 73, venturing through Orange County or welcoming visitors will be an effortless duty.
All 0.88 acres of land have been orderly maintained since the property's ongoing ownership, dating back to 1925.
Location
State CA
County Orange
Area N7 - West Bay - Santa Ana Heights
Zoning SP-7 BP
Exterior
Fence Chain Link, Wood
Community Features Street Lights, Sidewalks, Urban
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre, Rectangular Lot, Tear Down, Value In Land
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan
Special Listing Condition Trust
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Bought with Edward Pan • Colliers International Greater Los Angel
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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