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716 N Bristol Street - Prime Residential Land 0.4 Acres of Residential Land Offered at $1,960,852 CAD in Santa Ana, CA 92703
Investment Highlights
- Great Corner Location!
Executive Summary
This vacant lot is located within the Bristol Street Corridor Specific Plan(SP1) in Santa Ana which is undergoing a massive transformation, primarily governed by theBristol Street Corridor Specific Plan (SP1) and the new Related Bristol Specific Plan, featuring high-density mixed-use, commercial, and residential developments!!
Major opportunities & possiblities to build multiple homes, or up to 16 units residential projects under the new California housing laws. Each bill has different rules: SB 1123 allows development of small affordable/starter homes for up to 10 units, SB 9 allows lot splits and multi-unit housing, and SB 79 boosts density near public transit. Buyer/Buyer's agent to verify all development possibilities/potentials.
The subject lot size is approx. 17,379 SF / $79 per SF. ZONING: Specific Plans(SP1): High-density mixed-use residential zoning is heavily encouraged along designated paths like the Bristol Street Corridor Specific Plan/SP1..
Buyer to verify square footage, zoning, and development potential with the City of Santa Ana.
Major opportunities & possiblities to build multiple homes, or up to 16 units residential projects under the new California housing laws. Each bill has different rules: SB 1123 allows development of small affordable/starter homes for up to 10 units, SB 9 allows lot splits and multi-unit housing, and SB 79 boosts density near public transit. Buyer/Buyer's agent to verify all development possibilities/potentials.
The subject lot size is approx. 17,379 SF / $79 per SF. ZONING: Specific Plans(SP1): High-density mixed-use residential zoning is heavily encouraged along designated paths like the Bristol Street Corridor Specific Plan/SP1..
Buyer to verify square footage, zoning, and development potential with the City of Santa Ana.
Property Facts
| Price | $1,960,852 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Residence |
| No. Lots | 1 | Total Lot Size | 0.40 AC |
| Property Type | Land | ||
| Zoning | R1 - SP1, R1 | ||
| Price | $1,960,852 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Residence |
| Total Lot Size | 0.40 AC |
| Zoning | R1 - SP1, R1 |
1 Lot Available
Lot
| Price | $1,960,852 CAD | Lot Size | 0.40 AC |
| Price Per AC | $4,914,823.57 CAD |
| Price | $1,960,852 CAD |
| Price Per AC | $4,914,823.57 CAD |
| Lot Size | 0.40 AC |
Raw land ready for development.
Description
Prime residential land in dense infill area of Santa Ana on Bristol St. Conveniently located one block South of Santa Ana College with over 28,500 students enrolled. Also One block North of the OC Street Car - a newly developed 500 million dollar commuter project that will provide convenient transportation to different parts of Orange County.
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 405-074-38 | Improvements Assessment | $0 CAD |
| Land Assessment | $874,085 CAD | Total Assessment | $874,085 CAD |
Property Taxes
Parcel Number
405-074-38
Land Assessment
$874,085 CAD
Improvements Assessment
$0 CAD
Total Assessment
$874,085 CAD
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716 N Bristol Street - Prime Residential Land
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