1501 Lowell Street N, Santa Ana, CA 92706

$3,900,000

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List Price
$3,900,000
Price Change
▼ $3,050,000 1776589590
Status
ACTIVE
MLS#
OC25082773
Lot Size
40,000
Acres
0.92
Lot Location
0-1 Unit/Acre, Rectangular Lot, Value In Land
Days on Market
468
Property Type
Land
Neighborhood
Washington Square

Property Description

APN #s: 405 - 321 - 08, 405 - 321 - 09, 405 - 321 - 13 Does not include the house and lot at 1501 N Lowell This is your opportunity to own more than an acre (approximately 40,000 sq ft) of residential land in the established Washington Square neighborhood of Santa Ana, near the revitalized downtown area and with close access to the 5, 22, 55 and 57 freeways. The parcels straddle the northern boundaries of both Olive and Lowell streets, providing two access points from existing roads and includes the land on the corner of 15th & Lowell, that allows for greater street access to the overall property. The land to the west is also available. The land is near the prestigious neighborhood of Floral Park and within a mile of the city’s downtown area, which in recent years has undergone a renaissance, with the addition of award-winning restaurants, breweries & nightlife entertainment, and a bustling arts scene. This offer presents a great opportunity for a residential developer as it is within a city - designated transit area (per Santa Ana’s Transit Proximity Map – 2019) and therefore can best incorporate the provisions for density set forth in California Senate Bill 9. Buyers are advised to contact the City of Santa Ana to verify potential for development.

Additional Information

Taxes
$20,000
View
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Clarke Fairbrother (clarkef@newportpacific.com) from Listing Office: Newport Pacific Capital Co..

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.