Unlock the full potential of 4802 W. 1st Street, an asset whose highest and best use is realized as the vital missing piece of a ±18,092 SF assemblage. By acquiring this property alongside the directly adjacent parcel at 4728 W. 1st Street-available concurrently and priced for a joint closing-investors can shift from a small-scale project into a high-yield residential community. At a combined 0.415 acres, the site scales into a 14-20 unit for-sale townhome development, mirroring the successful product types currently being approved just blocks away. Leveraging SB 6 guidelines and a 20-50% Density Bonus, the assemblage offers a path to a significant project scale that maximizes financial viability in a high-demand corridor. With local for-sale units moving between $750K and $950K, this combined site offers a projected gross sellout of $10.5M to $15.2M. Based on a combined land basis of approximately $1.7M, this represents a rare opportunity to capture an estimated developer profit of $2.5M to $5.0M. Secure both parcels to command this premier footprint in the heart of Santa Ana's transformation.

Based on information submitted to CRMLS as of May 21, 2026 4:50 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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