20071 SW Birch ST Newport Beach, CA 92660

Name: Open House - 11AM-2PM
Start: 2024-11-08T11:00:00.000Z
End: 2024-11-08T14:00:00.000Z
Location: 5437 Noble AVE, Sherman Oaks, CA 91411

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Michael J. Lofton

Broker | License ID: 01988777

+1(619) 983-8805

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Key Details

Sold Price $4,450,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Santa Ana Heights Commercial (Sahc)

MLS Listing ID OC23012138

Sold Date 04/05/23

HOA Y/N No

Annual Tax Amount $1,950

Tax Year 2022

Lot Size 0.894 Acres

Lot Dimensions Appraiser

Property Description

A perfectly positioned upscaled region of land in the heart of Central Orange County, this 38,280 sq. foot property is an optimal location suited for a wide range of developments. Mere minutes away from John Wayne Airport, the University of California, Irvine and the coastal attractions of Newport Beach, this plot presents new commercial / retail opportunities fit to optimize the established residential area that surrounds it.

The location contains a long-lived residence available for tear-down and is currently zoned Business Park District: SP-7 (BP), making it unrestricted for commercial use. Surrounding residences fill out what is a family-friendly and values-rich neighborhood community. This robust, highly demanded residential area is a delightful mixture of vibrant and relaxed. In clear proximity to State Routes 55 and 73, venturing through Orange County or welcoming visitors will be an effortless duty.

All 0.88 acres of land have been orderly maintained since the property's ongoing ownership, dating back to 1925.