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115 N Harbor Blvd - First Harbor Square

1.75 Acres of Residential Land Offered at $19,999,999 in Santa Ana, CA 92703

Investment Highlights

  • 11% Discount to appraised value
  • Opportunity Zone
  • 15 mins to Disneyland
  • Fully Entitled
  • High Traffic Corner Lot - Flat

Executive Summary

Fully entitled mixed-use development, 189 units condo and 15,000 square feet retail (10 units) on the ground floor, shovel ready in 6 months.
Located in the Opportunity zone, comes with tax free benefits.
September appraisal report valued the land at 22.6M, so you are buying with an 11.5% discount.
You will need 30M to completely build the project, financing is already lined up, and construction can be handled by Primior's team, as well as sales and lease up.
Contact us for details, serious inquiry only.

Financial Summary (Pro forma - 2025) Click Here to Access

Annual Annual Per AC
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per AC $9.99
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual $99,999
Annual Per AC $9.99
Taxes
Annual -
Annual Per AC -
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99
Net Operating Income
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $19,999,999
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 1.75 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $19,999,999
Price Per AC $11,428,571
Lot Size 1.75 AC

Fully entitled mixed-use development, 189 units condo and 15,000 square feet retail( 10 units) on the ground floor, shovel ready in 6 months. Located in the Opportunity zone, come with tax free benefits.

Description

Fully entitled mixed-use development, 189 units condo and 15,000 square feet retail on the ground floor, shovel ready in 6 months. Located in the Opportunity zone, come with tax free benefits. The listed price is all you need to completely build the project, financing is already lined up, and construction can be handled by Primior's team, as well as sales. Contact us for details, serious inquiry only.

Walk Score ®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code SP2 (Harobr Transite Specific)
SP2 (Harobr Transite Specific)
  • Listing ID: 33370355

  • Date on Market: 10/1/2024

  • Last Updated:

  • Address: 115 N Harbor Blvd, Santa Ana, CA 92703

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