$ 1,900,000
1540 E Edinger AVE Santa Ana, CA 92705
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$ 1,900,000
Est. payment /mo
Active
1540 E Edinger AVE Santa Ana, CA 92705
0.55 Acres Lot
UPDATED:
09/30/2024 05:39 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW23050744
HOA Y/N Yes
Lot Size 0.555 Acres
Property Description
The subject property is a ±25,165 SF (Gross) parcel of industrial land located at 1540 E. Edinger Avenue in the city of Santa Ana. Part of a
larger office/industrial development, the property is located on the south side of Edinger Avenue just east of Grand Avenue and is situated less than a mile to the west of the 55 freeway.
Previously, there had been an office building located on this property although several years ago the building burned down. There is currently a recorded office condominium map in place along with a full set of CCRs that would allow for the construction of a two-story 16-unit office condominium project of approximately 7,840 SF.
Zoning on this site is M-1 Light Industrial and the General Plan Land Use Designation is Industrial. The purpose of the Industrial designation is to provide space for activities such as light/heavy manufacturing, warehousing, processing and distribution as well as commercial uses ancillary to industrial activities. Industrial designations typically allow for buildings with a Floor Area Ratio of up to 0.45 with typical height limits of 35’.
This property is flat and rectangular in shape with gross dimensions of 105.1’ of frontage along Edinger Avenue and a depth of 230’. The northerly 30’ of the parcel and the easterly 13’ of the parcel are covered by ingress/egress easements to the benefit of the other buildings in this complex and these two shared drive aisles compose approximately 5,733 square feet of the site. The site also includes 47 open parking spaces situated around the perimeter of the parcel.
The industrial land market in Santa Ana is extremely supply-restricted. This site benefits from great frontage along Edinger Avenue and a location that is less than a mile to the 55 freeway.
larger office/industrial development, the property is located on the south side of Edinger Avenue just east of Grand Avenue and is situated less than a mile to the west of the 55 freeway.
Previously, there had been an office building located on this property although several years ago the building burned down. There is currently a recorded office condominium map in place along with a full set of CCRs that would allow for the construction of a two-story 16-unit office condominium project of approximately 7,840 SF.
Zoning on this site is M-1 Light Industrial and the General Plan Land Use Designation is Industrial. The purpose of the Industrial designation is to provide space for activities such as light/heavy manufacturing, warehousing, processing and distribution as well as commercial uses ancillary to industrial activities. Industrial designations typically allow for buildings with a Floor Area Ratio of up to 0.45 with typical height limits of 35’.
This property is flat and rectangular in shape with gross dimensions of 105.1’ of frontage along Edinger Avenue and a depth of 230’. The northerly 30’ of the parcel and the easterly 13’ of the parcel are covered by ingress/egress easements to the benefit of the other buildings in this complex and these two shared drive aisles compose approximately 5,733 square feet of the site. The site also includes 47 open parking spaces situated around the perimeter of the parcel.
The industrial land market in Santa Ana is extremely supply-restricted. This site benefits from great frontage along Edinger Avenue and a location that is less than a mile to the 55 freeway.
Location
State CA
County Orange
Area 699 - Not Defined
Zoning M-1 Light Industrial
Interior
Fireplace No
Exterior
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
View Y/N No
View None
Building
Lot Description Level, Rectangular Lot, Value In Land
Water Public
New Construction No
Others
Senior Community No
Tax ID 40309114
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Matthew Wenzel • Marcus & Millichap • mwenzel@marcusmillichap.com