www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28690001
28690000

1427 E 1st St, Santa Ana, CA 92701

OL
CA 01919930
Universal Elite Realty
Listed by Universal Elite Realty
Unpriced
221 days on market
Updated 54 days ago
Opportunity zone

82,764 SF Prime Redevelopment Opportunity

Details
APN 398-441-07
Property Type Hospitality, Land (+3)
Sub Type Commercial, Hotel (+1)
Keys 26
Broker Co-Op Yes
Lot Size (SqFt) 82,764
Zoning C2/OZ1
Investment Type Redevelopment

Rare 82,764 SF Santa Ana Land - Redevelopment Opportunity

Marketing description

Universal Elite Inc. as the exclusive listing broker, is proud to introduce an exceptional large-parcel redevelopment opportunity in the City of Santa Ana. Consisting of 82,764 square feet of land, 1427 E 1st Street offers one of the few remaining sizable infill development sites in this highly sought-after corridor. The property was formerly improved as a motel but is no longer in operation, providing developers with a rare blank slate in a location primed for transformation.

Strategically positioned along the active East 1st Street corridor, surrounded by residential neighborhoods, schools, commercial services, and public transit, the site offers outstanding visibility, accessibility, and long-term demand drivers. The generous lot size and flexible commercial zoning make it an ideal candidate for a wide range of redevelopment concepts. Potential uses may include multi-family housing, mixed-use residential with ground-floor retail, affordable or workforce housing, senior housing, student housing, or specialized residential communities such as co-living or micro-unit developments. Its proximity to transit and employment centers also makes it well-suited for transit-oriented development (TOD), allowing developers to maximize density and capitalize on the city’s push for sustainable infill growth.

Developers may also consider creating a live/work community, boutique urban townhome project, neighborhood-serving commercial center, or a hybrid residential-commercial concept tailored to Santa Ana’s evolving demographic needs. With its size, location, and redevelopment flexibility, the property presents a unique opportunity to deliver high-impact new construction in a city that continues to experience strong housing demand and sustained economic activity.

For builders and investors seeking scale, visibility, and architectural freedom, 1427 E 1st Street stands out as one of the most compelling redevelopment sites currently available in Santa Ana.

Investment highlights

A sizable 82,764 SF site in the heart of Santa Ana. Formerly a motel but no longer in operation, the property offers a clean slate for builders and investors seeking a large infill parcel in a rapidly evolving urban corridor. With generous lot dimensions and flexible commercial zoning, the site is well-positioned for a range of redevelopment concepts, including multi-family housing, mixed-use, or other high-density residential projects aligned with the city’s growth initiatives. Situated along a major thoroughfare with excellent visibility and access, this property provides exceptional scale and strategic positioning for visionary developers looking to create impactful new housing or commercial product in one of Orange County’s most active redevelopment markets.

Listing Contacts

OL
CA 01919930
Universal Elite Realty
Listed by Universal Elite Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Oliver Liu
License
01919930
Brokerage
Universal Elite Commercial
Title
Managing Principal
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591