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Listed by Chris Lee • Berkshire Hathaway HomeService
$1,750,000
Est. payment /mo
19,827 SqFt
UPDATED:
02/11/2025 01:37 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 19,827 sqft
Price per Sqft $88
MLS Listing ID CROC24246831
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 0.455 Acres
Property Sub-Type Unimproved Land
Property Description
Wonderful opportunity to develop or hold a rare piece of land in Eastside Costa Mesa with simple month-to-month tenancy in place. Lot is zoned C-1, but Residential or Mixed Use zoning is viable if one is to propose a General Plans Amendment, Rezone, and Specific Plans. In 2020, a 9-unit condo passed the General Plan Screening* at the city council - does not equal to entitlement or being shovel ready. All plans have since expired and one would need to bring plans and proposals up to current requirements and code. Please note, it would take 6 months to 3 years to get the entitlements and be shovel ready as each proposal is different. Tenants are on month to month terms. Expired plans can be included in the sale of the property. This is an AS-IS purchase. *General Plan Screening is a precondition to the entitlement process; the City Council determined the proposal may proceed through the entitlement process. Staff believed the proposed development would provide an opportunity to improve the condition of the site and would provide additional housing in the City. The proposed condominiums were designed to complement the street frontage; however, the site plans would need refinement in terms of parking, design, and open space. The Council voted to move forward, submittal of application
Location
State CA
County Orange
Interior
Fireplace No
Exterior
View None
Building
Lot Description Level
Water Public
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