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Brookhurst St - NEC Brookhurst & Talbert

2.81 Acres of Commercial Land in Fountain Valley, CA 92708

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Investment Highlights

Dense suburban area
Diverse demographics
Strong Asian-American community

Convenient Fwy access
Approx. 8k people per square mile
Frontage facing Interstate 405 Freeway & Brookhurst Street

Executive Summary

Located in Fountain Valley, this property boasts a favorable Floor Area Ratio (FAR) of up to 1.5, achievable through adherence to city development standards. With this potential, the site offers an opportunity to develop over 180,000 square feet, making it highly suitable for a hotel project. Positioned near Mile Square Regional Park and coastal attractions, the area draws a steady flow of tourists and business travelers year-round. Its strategic location, combined with robust local amenities and strong demographic appeal, ensures consistent occupancy and robust revenue potential. This investment opportunity not only leverages Fountain Valley's growth trajectory but also positions itself as a lucrative venture for hospitality development.

BROOKHURST OM

Property Facts

Sale Type	Investment	Property Subtype	Commercial
Sale Conditions	Redevelopment Project	Proposed Use	Commercial
No. Lots	1	Total Lot Size	2.81 AC
Property Type	Land	Cross Streets	I-405

Sale Type	Investment
Sale Conditions	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial
Total Lot Size	2.81 AC
Cross Streets	I-405

1 Lot Available

Lot

Lot Size	2.81 AC

Lot Size	2.81 AC

Parcel Assemblage: 169-162-01; 169-162-02; 169-162-06; 169-162-09; & 169-162-10

Description

TRAFFIC COUNTS: Brookhurst: ±48k VPD; Talbert: ±42k VPD; I-405 Fwy: ±290k VPD • FREEWAY ACCESS: North & South Ramps on Brookhurst & Talbert • The Halby Family bought this land as farmland and ground leased it in 1965. Lessees built a restaurant and medical-dental offices, generating steady cash flow. The ground lease expires in 2027, and the City supports a hotel development, potentially increasing FAR to 1.5 and height to 6 stories (70 feet). There is an abandoned 609 sqft water well in the middle of the land.

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PROPERTY TAXES

Parcel Numbers	Multiple 169-162-06 169-162-10 169-162-02 169-162-09 169-162-01	Improvements Assessment	$1,851,460
Land Assessment	$1,774,650	Total Assessment	$3,626,110

PROPERTY TAXES

Parcel Numbers

Multiple

169-162-06
169-162-10
169-162-02
169-162-09
169-162-01

Land Assessment

$1,774,650

Improvements Assessment

$1,851,460

Total Assessment

$3,626,110

zoning

Zoning Code	C-1 (C1 - Local Business (0.5 FAR); However, w/certain Ftn Valley dev. standards, assemblage could be permitted up to 1.5 FAR and 6 stories / 70 feet tall.)
C-1 (C1 - Local Business (0.5 FAR); However, w/certain Ftn Valley dev. standards, assemblage could be permitted up to 1.5 FAR and 6 stories / 70 feet tall.)

Listing ID: 32477682
Date on Market: 7/16/2024
Last Updated:
Address: Brookhurst St, Fountain Valley, CA 92708

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Brookhurst St, Fountain Valley, CA for sale Building Photo- Image 1 of 13 — NEC Brookhurst & Talbert 2.81ac cover page

Brookhurst St, Fountain Valley, CA for sale Building Photo- Image 2 of 13 — NEC Brookhurst & Talbert 2.81ac site of interest

Brookhurst St, Fountain Valley, CA for sale Building Photo- Image 3 of 13 — NEC Brookhurst & Talbert 2.81ac location maps

Brookhurst St, Fountain Valley, CA for sale Building Photo- Image 4 of 13 — NEC Brookhurst & Talbert 2.81ac zoning map

Brookhurst St, Fountain Valley, CA for sale Building Photo- Image 5 of 13 — NEC Brookhurst & Talbert 2.81ac exec summary

Brookhurst St, Fountain Valley, CA for sale Building Photo- Image 6 of 13 — NEC Brookhurst & Talbert 2.81ac intersection

Brookhurst St, Fountain Valley, CA for sale Building Photo- Image 7 of 13 — NEC Brookhurst & Talbert 2.81ac parcel map

Brookhurst St, Fountain Valley, CA for sale Building Photo- Image 8 of 13 — NEC Brookhurst & Talbert 2.81ac parcel 1,9,10

Brookhurst St, Fountain Valley, CA for sale Building Photo- Image 9 of 13 — NEC Brookhurst & Talbert 2.81ac parcel 2,6

Brookhurst St, Fountain Valley, CA for sale Building Photo- Image 10 of 13 — NEC Brookhurst & Talbert 2.81ac bldg characteristics

Brookhurst St, Fountain Valley, CA for sale Building Photo- Image 12 of 13 — NEC Brookhurst & Talbert 2.81ac City of FV

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