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Listed by Clarke Fairbrother • Newport Pacific Capital Co.
$ 6,950,000
Est. payment /mo
Active
1501 Lowell North Street Santa Ana, CA 92706
1.33 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC-25082773
Lot Size 1.333 Acres
Property Description
APN #s: 405 - 321 - 08, 405 - 321 - 09, 405 - 321 - 12, 405 - 321 - 13 This is your opportunity to own more than an acre (approximately 58,000 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 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.
Location
State CA
County Orange
Area 70 - Santa Ana North Of First
Zoning R - 1
Exterior
Community Features Suburban
Utilities Available Sewer Available, Cable Available, Electricity Available, Natural Gas Available, Phone Available
View Y/N No
View None
Building
Lot Description Rectangular Lot, Value In Land
Sewer Public Sewer