115 N Harbor Blvd - Residential LAND FOR SALE


Santa Ana, CA 92703- Santa Anita Park76,230 SF
$18,999,999 USD
626-995-2938
115 N Harbor Blvd, Santa Ana, CA for Sale
$18,999,999 USD
Residential LAND - FOR SALE
1/12
76,230 SF

115 N Harbor Blvd
Santa Ana, CA 92703
Santa Anita Park


HIGHLIGHTS

  • 83K Traffic, the land is located at the corner of W 1st St and N Harbor Blvd.
  • FULLY ENTITLED, the site have been fully approved to develop 130-unit condo/apartments, and 14,456 square-feet of retail on Ground Floor
  • 7.15%+ Yield on Cost (Proforma)
  • 30.8% IRR or 3X equity Multiple (Profoma)
  • Located In Opportunity Zone
  • Highest Density Zoning in the City - 5.0 FAR

OVERVIEW

Fully entitled mixed-use development, 130-unit condo/apartments, and 14,456 square feet of retail (10 units) on the ground floor, shovel-ready in 6 months. The September 2024 appraisal report valued the land at 22.6M, which is a 16% DISCOUNT (based on the 181 units approved plans) We are also open to the JV opportunity if you are a capital partner who can bring in the majority of the capital required for the project. Contact us for details, serious inquiries only.

FOR SALE DETAILS

PRICE

$18,999,999 USD

PRICE/ACRE

$10,857,142/AC

PRICE/SF

$249 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

First Harbor Square

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Retail, Mixed Use, Multi-Family, Apartment Units

LAND ACRES

1.75 AC

LAND SF

76,230 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

SP2

APN/PARCEL ID

198-182-19,198-182-20,198-182-21,198-182-22,198-182-23

ASK ABOUT THIS PROPERTY

Johnney ZhangPrimior Asset ManagementMore Info
626-995-2938

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Johnney ZhangPrimior Asset ManagementMore Info
626-995-2938

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.