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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
For more information, call David Houle (213) 913-7153 davidh@kwcommercial.com or Pierce Noonan (818)691-8864 piercenoonan@kw.com
PROPERTY FACTS
| Sale Type | Investment | Proposed Use | Commercial |
| Sale Condition | Redevelopment Project | Total Lot Size | 2.81 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Cross Streets | I-405 |
| Property Subtype | Commercial | ||
| Zoning | 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. | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 2.81 AC |
| No. Stories | 1 |
| Cross Streets | I-405 |
| Zoning | 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. |
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 | $1,926,258 | |
| Land Assessment | $1,846,344 | Total Assessment | $3,772,602 |
PROPERTY TAXES
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Brookhurst St - NEC Brookhurst & Talbert
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