4728 W 1st Street, Santa Ana, CA, 92703
Starting Bid $1,655,000
About Property
4728 W 1st Street,, Santa Ana, California, 92703
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.
- Property Type: Mixed Use
- Property Subtype(s): Commercial Sale
- Square Footage: 1625.0
- Year Built: 1949
- Lot Size: 9,583 SQ FT.
- Asset Type: Commercial
- Terms Accepted: No direct contact with the seller without explicit consent., Buyer to pay all standard closing costs., No contingencies; property sold AS-IS, Sold “As Is”, Close within 30-45 Days, Earnest Money Deposit
- Occupied By: Vacant
- County: Orange
- Zoning: C5
- Unpaid Principal Balance: $0.00
- Original Balance: $0.00
- Total Payoff: $0.00
- Payments Remaining: 0.00
- Interest Rate: 0.00
- Interest Only Loan: No
- Principal and Interest Payment: $0.00
- Escrow/Impounds: $0.00
- Total Monthly Loan Payment: $0.00
- Accrued Late Charges: $0.00
- Hardest Hit Fund State: No
- Judicial State: No
- Non Judicial State: No
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Seller Notes
Below are few helpful seller bullet points regarding this sale. Make sure to review everything in the Terms of Sale section towards the bottom of this page and also in the Due Diligence Vault located below along the right side for all the details regarding the sale of this property.
- Deposit Amount: $500
- Buyers Premium 5%
