Paul Leon - Coldwell Banker Commercial Real Estate Solutions Logo
$1,655,000
( $1766.28Per Sq Foot )
 $8,884 est/mo Sourced by Back At You

4802 W 1st Street,Santa Ana, CA 92703

Santa Ana, CA 92703

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Description

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 Streetavailable concurrently and priced for a joint closinginvestors 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.

Details

MLS #PW26087885
Listing TypeFor Sale
StyleMixeduse
Sub-TypeResale
StatusActive
Days On Site144
Listing Provided ByCentury Financial Group, Corp. | Karen Ngoc Lang Luu

Features

SQ Feet937
Story(s)1
Acreage0.20

Exterior

Lot FeaturesZero To One Unit Acre

Utilities

UtilitiesElectricity Available, Sewer Available

Area Information

StateCA
CountyOrange
CitySanta Ana
Zip Code92703
Area68 N of Heil | S of Blsa | E of Brookhrst | W of Ha
Listing VS Median (in 92703)
Price:
$1,655,000
low | high
Med:
$1,655,000
50% of Average
sqft:
937
low | high
Med:
1,281
13.287086446105% of Average
$ / sqft:
$1,766
low | high
Med:
$1,392
71.169230769231% of Average
On site:
144
low | high
Med:
144
100% of Average
Sourced by Back At You

Market Activity 92703

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Contact

Learn More About This Property

Paul Leon

Paul Victor Leon

Coldwell Banker Commercial

00915214 (760) 559-6472paul.leon@cbcinland.com
StateCA
CountyOrange
CitySanta Ana
Zip Code92703
Area68 N of Heil | S of Blsa | E of Brookhrst | W of Ha
Listing VS Median (in 92703)
Price:
$1,655,000
low | high
Med:
$1,655,000
50% of Average
sqft:
937
low | high
Med:
1,281
13.287086446105% of Average
$ / sqft:
$1,766
low | high
Med:
$1,392
71.169230769231% of Average
On site:
144
low | high
Med:
144
100% of Average
Sourced by Back At You
Listing Updated: August 21, 2026 at 10:52:48 PM PDT

Paul Leon - Coldwell Banker Commercial Real Estate Solutions