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Brookhurst St - NEC Brookhurst & Talbert
2.81 Acres of Commercial Land in Fountain Valley, CA 92708
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
Property Facts
Sale Type | Investment | Property Subtype | Commercial |
Sale Conditions | Development Sale | Proposed Use | Commercial |
No. Lots | 1 | Total Lot Size | 2.81 AC |
Property Type | Land | Cross Streets | I-405 |
Sale Type | Investment |
Sale Conditions | Development Sale |
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.
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £1,462,672 | |
Land Assessment | £1,401,991 | Total Assessment | £2,864,663 |
PROPERTY TAXES
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.) |
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Brookhurst St - NEC Brookhurst & Talbert
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