About 2513 -2521 W 1st Street
This strategically located industrial-commercial development property in the heart of Santa Ana is now available. The expansive 30,055 square foot lot currently boasts two single-story buildings totalling 5,414 square feet. It is currently configured with 9-units that are approved as transitional housing, ensuring immediate income while a new buyer goes through the entitlement process. However, the true value of the property lies in its future potential under the City of Santa Anaʼs “West Santa Ana Blvd Specific Plan,” which has this property zoned as FLEX-1.5 (Low-Industrial/Flex). This zoning opens doors to many potential uses, including, light industrial, office-industrial flex spaces, small scale clean manufacturing, R&D, commercial retail, live-work units and more.
The FLEX-1.5 zoning permits a maximum height of 3-stories and a generous 1.5 FAR (Floor Area Ratio). This should allow for approximately 45,000 buildable square feet and/or up to 30 dwelling units per acre, unlocking incredible value and flexibility for future development. Donʼt miss this opportunity to acquire a central Orange County industrial-commercial development property before itʼs too late!
