4728 W 1st Street

About This Property

Secure a premier location on one of Orange County’s most trafficked and culturally vibrant commercial corridors. This freestanding retail/office building offers a rare combination of direct W. 1st Street frontage and a dedicated private rear parking lot on a ±9,380 SF C5-zoned lot. While perfect for an owner-user or an investor seeking stable cash flow in a high-demand area, the true value lies in the long-term land play and the exceptional optionality it provides. For the strategic developer, this lot serves as the anchor for a potential ±18,295 SF assemblage when combined with the adjacent parcel at 4802 W. 1st Street. This combined footprint creates a prime site for mixed-use redevelopment under California’s SB 6, allowing for residential projects on commercial land without the typical rezoning hurdles. Positioned in a rapidly transforming corridor—near a 60-unit townhome project and a planned 9-story mixed-use tower—this property offers the chance to model 12–20 units in a market where for-sale product is moving at $850K–$950K per unit.

Neighborhood

This property is located in Santa Ana. Want to learn more about the area?

Listing courtesy of Century Financial Group, Corp.

Listing data from CRMLS. Deemed reliable but not guaranteed.