702 & 710 E. 4th Street, a ±25,700 SF (0.59 acre) infill redevelopment site in the heart of Santa Ana's Lacy District, one block from Downtown Santa Ana and the OC Streetcar corridor. RARE BY-RIGHT MULTIFAMILY LAND IN AN INFILL LOCATION The site is zoned SD-84/UN-2 with a General Plan designation of Urban Neighborhood (UN-30), supporting multifamily residential development by-right at 30 dwelling units per acre — approximately 17 units by-right, with meaningfully higher unit counts achievable through the State Density Bonus program. A 20–26+ unit, three-story project is a natural fit for the site's dimensions and the surrounding neighborhood fabric. ACCELERATED ENTITLEMENT PATH UNDER AB 130 The property sits within Santa Ana's Adaptive Reuse Project Incentive Area and qualifies under AB 130, providing a statutory CEQA exemption (PRC §21080.66) for qualifying infill housing projects. This compresses the typical post-close entitlement timeline from 9–24 months down to approximately 2–4 months, with a 30-day mandatory agency decision shot clock — dramatically reducing carry cost, entitlement risk, and CEQA litigation exposure.