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In-PersonVirtual Tour
$ 3,041,000
Est. payment | /mo
0.78 Acres Lot
$ 3,041,000
Est. payment | /mo
0.78 Acres Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25231234
HOA Y/N No
Year Built 1980
Annual Tax Amount $6,071
Lot Size 0.776 Acres
Property Sub-Type Multi Family
Property Description
Opportunity zoned, corner location, 2 parcels equaling .77 acres/33,798 sq. ft. Offered at land value and is ready for redevelopment. Zoned commercial and is within the Harbor Mixed Use Transit Corridor Specific Plan (SP2). Potential uses include retail, medical, mixed use, residential/multi-family, etc. Get income while going through planning and entitlements. Currently leased to an auto salvage tenant at $9500 per month with lease expiring at the end of 2027. Clean phase 1 & 2 from March 2024 on file. Sale includes parcel 198-261-25 (3230 W. 5th Ave. Santa Ana). Drive by only, please do not disturb the occupant.
Location
State CA
County Orange
Area 70 - Santa Ana North Of First
Interior
Fireplace No
Laundry None
Building
Lot Description Corner Lot, Level
Story 1
Water Public
Others
Tax ID 19826124
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Special Listing Condition Standard
Listed by Tony Morrison Lantern Bay Realty 949-254-4044