4728 W 1st Street
Santa Ana, CA 92703
Listing broker / agent: Century Financial Group, Corp. · Karen Ngoc Lang Luu · CRMLS
MLS # PW26087884 · Last checked Oct 21, 2026 05:10 UTC
About this property
Secure a premier location on one of Orange County’s most trafficked and culturally vibrant commercial corridors. This freestanding retail/office building offers a rare combination of direct W. 1st Street frontage and a dedicated private rear parking lot on a ±9,380 SF C5-zoned lot. While perfect for an owner-user or an investor seeking stable cash flow in a high-demand area, the true value lies in the long-term land play and the exceptional optionality it provides. For the strategic developer, this lot serves as the anchor for a potential ±18,295 SF assemblage when combined with the adjacent parcel at 4802 W. 1st Street. This combined footprint creates a prime site for mixed-use redevelopment under California’s SB 6, allowing for residential projects on commercial land without the typical rezoning hurdles. Positioned in a rapidly transforming corridor—near a 60-unit townhome project and a planned 9-story mixed-use tower—this property offers the chance to model 12–20 units in a market where for-sale product is moving at $850K–$950K per unit.
Property details
- MLS number
- PW26087884
- Status
- Active
- Type
- Commercial Sale
- Subtype
- Mixed Use
- Lot size
- 0.22 acres
More property detailsCollapse
Listing
- Days on market
- 176
Building
- Building stories
- 1
- Entry level
- 1
Rooms & interior
- Laundry
- None
Exterior & parking
- Lot features
- Zero To One Unit Acre, Value In Land
- Lot size source
- Assessor
Utilities & community
- Water
- Public
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Heritage Elementary (school website, opens in a new tab) Garden Grove Unified · Santa Ana | Not reported | 0.3 mi |
| Rosita Elementary (school website, opens in a new tab) Garden Grove Unified · Santa Ana | K–6 | 0.5 mi |
| Stephen R. Fitz Intermediate (school website, opens in a new tab) Garden Grove Unified · Santa Ana | 7–8 | 0.5 mi |
| R. F. Hazard Elementary (school website, opens in a new tab) Garden Grove Unified · Santa Ana | K–6 | 0.6 mi |
| Newhope Elementary (school website, opens in a new tab) Garden Grove Unified · Santa Ana | K–6 | 0.8 mi |
| James Irvine Intermediate (school website, opens in a new tab) Garden Grove Unified · Garden Grove | 7–8 | 0.9 mi |
| Post Elementary (school website, opens in a new tab) Garden Grove Unified · Westminster | K–6 | 0.9 mi |
| Edward Russell Elementary (school website, opens in a new tab) Garden Grove Unified · Santa Ana | K–6 | 1.0 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,655,000
- MLS-reported original asking price
- $1,655,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 08:46 | $1,655,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Santa Ana
Active residential homes for sale in Santa Ana, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
37 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-21 05:35 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗