Description
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.
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School Ratings & Info
Description
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.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-17T00:29:34.7. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.