First Harbor Square 115 N Harbor Blvd Lot | Résidentiel | 0,71 ha | À vendre | 16 391 109 € | Santa Ana, CA 92703

Invest in this fully entitled residential land for sale within a qualified Opportunity Zone and approved development plans at 115 N Harbor Boulevard in Santa Ana, California. This mixed-use project, named First Harbor Square, is fully approved for 130 units of residential condominiums and 14,456 square feet of 10 retail storefronts, ready for construction in just six months. The September 2024 appraisal report valued the land at $22.6 million, representing a 16% discount based on an approved plan for 181 units.

Upon completion, First Harbor Square will become Santa Ana's primary multifamily residence and shopping. This significant new development will span an impressive 237,675 square feet. This innovative mixed-use center boasts a compelling blend of retail, dining, office spaces, and 130 residential condos. Skillfully designed with a focus on pedestrian-friendly experiences, this project hopes to actively engage the urban tapestry along the vibrant corridors of Harbor Boulevard and First Street.

Located at SoCal’s busiest intersection of five major throughfares of the 55,5,22, and 405 freeways, providing access to top Orange County attractions. Daily traffic volume in the properties position exceeds 83,000, ranking 22nd in the county. Santa Ana, situated in the highly desirable Orange County, California, has a population exceeding 350,000, ranking among the top three most populous cities in the county. First Harbor Square is a 10-minute drive from Disneyland, just 15 minutes from Irvine (the preferred residential area for Chinese Americans), and 15 minutes from South Coast Plaza. The surrounding amenities and services are well-developed. In addition, Orange County is the third-largest diversified hub for the high-tech industry in the United States.

Fully approved, this high-density land is a unique find in the City of Santa Ana. Ownership is open to a joint venture with a capital partner who can provide the majority of the required funding.