1535 E 1St St Santa Ana, CA 92701

Property Details for 1535 E 1St St

Year built

1963

Lot size

0.25 lot acres

Property size

3,520 SF

Property type

Commercial land

APN

398-431-20

APU

39843120

Description

This exceptional investment opportunity encompasses three contiguous parcels totaling 29,759 square feet of land in Santa Ana, California. The property, located at 1535 E 1st St, boasts a prime location on a high-traffic thoroughfare with 37,048 vehicles passing daily. The site benefits from excellent freeway access via the I-5, 22, 57, and 55 freeways, placing it within easy reach of major transportation arteries. Its strategic position near key landmarks such as the Holiday Inn and the Santa Ana Zoo further enhances its desirability. Currently featuring three existing buildings totaling 7,100 square feet, the property is zoned C1/C2 with special mixed-use overlay incentives, allowing for high-density development projects. The asking price is $2,995,000, translating to $421.83 per square foot of building area and $117 per square foot of land value. The property includes 25 parking spaces. This value-add opportunity is ideal for owner/users seeking to capitalize on the area's rapid growth and high-traffic volume. The potential for future appreciation is significant, given the property's location and zoning. APN numbers are 398-431-20, 398-431-21, and 398-431-22. This is a rare chance to acquire a substantial land holding in a thriving California market.