Santa Ana CA Real Estate & Land for Sale

Exceptional development opportunity in Santa Ana's famous Floral Park, featuring a rare, flat 18,297 sq ft east-facing lot with city-approved plans to subdivide into three individual parcels - each designed for a custom 3,000 sq ft two-story residence with the potential for three additional ADUs - final mapping underway with the county, architectural plans and elevations included, and surrounded by newly built homes valued over $2 Million each.

APN #s: 405 - 321 - 08, 405 - 321 - 09, 405 - 321 - 12, 405 - 321 - 13 This is your opportunity to own more than an acre (approximately 58,000 sq ft) of residential land in the established Washington Square neighborhood of Santa Ana, near the revitalized downtown area and with close access to the 5, 22, 55 and 57 freeways. The parcels straddle the northern boundaries of both Olive and Lowell streets, providing two access points from existing roads and includes the land on the corner of 15th & Lowell, that allows for greater street access to the overall property. The land to the west is also available. The land is near the prestigious neighborhood of Floral Park and within a mile of the city's downtown area, which in recent years has undergone a renaissance, with the addition of award-winning restaurants, breweries & nightlife entertainment, and a bustling arts scene. This offer presents a great opportunity for a residential developer as it is within a city - designated transit area (per Santa Ana's Transit Proximity Map - 2019) and therefore can best incorporate the provisions for density set forth in California Senate Bill 9. Buyers are advised to contact the City of Santa Ana to verify potential for development.