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For SaleLuxury

$3,900,000

40,001 sqft$97/sqft571 days on market

1501 Lowell Street

Santa Ana, CA 92706

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

40,001

Square feet

—

Built

Listing narrative

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.

Listing agent (MLS): Clarke Fairbrother · Listing brokerage (MLS): Newport Pacific Capital Co.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$3,900,000

Beds

Beds n/a

Type

Land

Home Size

40,001 sqft

Baths

Baths n/a

Lot Size

0.92 acres

Year

Year n/a

Neighborhood

Washington Square

Status

For Sale

Days on Market

571

$ / Sqft

$97

· 8% down, 7% APR, 30yr fixed
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Courtesy of Newport Pacific Capital Co.