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Off Market
1/9

2602 McGaw Ave
Irvine, CA 92614


HIGHLIGHTS

  • Steady population and employment growth in the IBC.
  • Blue Bay is approved for 120 condominium units which can be sold or rented.
  • IBC is nearing its cap for allowable residential units.
  • Blue Bay will be one of the last approved residential projects in the IBC in the coming years.
  • The project is fully entitled and permit-ready, providing an investor/developer with low development risk and immense upside potential.
  • Concrete construction (Type 1A) -offers the lowest carbon footprint for a structure or pavement over its lifecycle; unparalleled strength & durability

FOR SALE DETAILS

PRICE

-

# OF UNITS

-

CAP RATE

-

% LEASED

-

STATUS

Proposed

BUILDING DETAILS

PROPERTY NAME

McGaw Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

363937

STORIES

7

YEAR BUILT

2026

PARKING SPACES

328

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

435-053-18