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Property Name Commercial Land <br />Address 2202 East 1st Street <br />Santa Ana, CA 92705 <br />County <br />Orange <br />Govt./Tax ID <br />402-181-04 <br />Area Measurement(NRA) <br />Land Area Net <br />1.300 ac/ 56,628 sf <br />Land Area Gross <br />1.300 ac/ 56,628 sf <br />Site Development Status <br />Finished <br />Utilities <br />At site <br />Maximum FAR <br />N/A <br />Max Allow Bldg Units/Density <br />188 / 144.62 <br />Min Land Bldg Ratio <br />N/A <br />Shape <br />Irregular <br />Primary Frontage <br />140 ft on First <br />Secondary Frontage <br />N/A <br />Topography <br />Level, At Street Grade <br />Flood Zone Class <br />Zone X (Unshaded) <br />Flood Panel No./ Date <br />06059CO277J/ Dec 2009 <br />Zoning <br />Commercial (C-2) <br />Entitlement Status <br />EIR Complete <br />Proposed Use or Development <br />Senior Housing & Care <br />Type <br />Sale <br />Interest Transferred <br />Fee Simple <br />Condition of Sale <br />None <br />Recorded Buyer <br />AMG & Associates, LLC <br />Buyer Type <br />Developer <br />Recorded Seller <br />Executive Car <br />Leasing Company <br />Marketing Time <br />N/A <br />Listing Broker <br />N.A. <br />Doc # <br />24-21264 <br />Primary Verification <br />Deed/Costar <br />Transaction Date <br />01 /30/2024 <br />Recording Date <br />01 /24/2024 <br />Sale Price <br />$3,345,500 <br />Financing <br />Cash to Seller <br />Cash Equivalent <br />$3,345,500 <br />Capital Adjustment <br />$0 <br />% Interest Purchased <br />100% <br />Adjusted Price <br />$3,345,500 <br />Adjusted Price / ac and <br />$2,573,462 / $59.08 <br />/ sf <br />Adjusted Price/ FAR <br />N/A <br />Adjusted Price/ Unit <br />$17,795 <br />This is a 1.3-acre commercial site located along 1 st Street in Santa Ana. The site is a deep and narrow lot, formerly used as a a car leasing lot, <br />adjacent to a recently constructed senior housing development. The site is zoned C2 - Commercial and has direct access from East 1 st Street. On <br />January 22, 2024, the property sold for $3,345,500 or $59/site sf to a developer. Per public records, the planned development of the site is a <br />senior living facility. No special conditions were noted. <br />