160 Olinda Place, Brea, CA 92823

This retail shopping center totals approximately +/-12,000 square feet on a 3.68-acre site and is improved with a mix of retail, dining, and service businesses. The property includes approximately 150 parking spaces to support customer and tenant access. The offering notes deferred maintenance, creating an opportunity for a buyer to renovate and modernize building and common areas, including items such as the facade, parking lot, landscaping, or other exterior and shared improvements.

The center is described as being located in a high-traffic area with excellent visibility and accessibility. The current zoning is Neighborhood Commercial (C-N), and the remarks indicate that a senior living facility is permitted with approval of a conditional use permit (CUP). The development review process would involve City review for site and compatibility, and buyers are advised to confirm all development possibilities with the City.

For tenants, operators, or investors evaluating positioning and hold-versus-improvement strategies, the property’s existing retail use and parking supply may support continued neighborhood retail needs while renovations address the noted deferred maintenance. For buyers considering a different end use, the remarks discuss potential rezoning toward a Single Family (R-1) designation, which is described as the most intensive residential density the City may support, with a stated maximum of 6 dwelling units per acre in R-1. A rezone would require a general plan amendment and would also require an initial study to determine what environmental review is warranted, subject to City requirements.