Brea Homes with Value In Land Lot Location

Brea Homes with Value In Land Lot Location

Welcome to Brea, California – a vibrant city nestled in the heart of Orange County that seamlessly blends suburban charm with urban convenience. Known for its rich history, Brea has evolved from a small oil town into a thriving community filled with culture, art, and outdoor recreation. With its picturesque streets, family-friendly neighborhoods, and a plethora of shopping and dining options, Brea is an ideal place to call home.

One of the standout features of Brea is its commitment to preserving green spaces and parks. Residents can enjoy the scenic beauty of the Brea Mall, one of the premier shopping destinations in Southern California, or take a leisurely stroll through the city's many parks, including the expansive Carbon Canyon Regional Park, which offers hiking trails and picnic areas surrounded by nature.

For those considering investing in real estate, Brea offers a variety of homes with exceptional value, particularly those with spacious land lots. These properties not only provide ample outdoor space for gardening, recreation, or future expansion but also present an excellent opportunity for long-term investment. With the demand for homes in this desirable area continuing to rise, owning a home in Brea means securing a piece of a flourishing community.

Whether you’re a first-time homebuyer or looking to upgrade, Brea’s diverse housing options cater to every lifestyle. Embrace the charm of Brea and discover the perfect home that suits your needs while enjoying all the benefits this enchanting city has to offer!

Newest Brea Homes with Value In Land Lot Location

$2,995,000
CV23200708 MLS
Presenting a remarkable investment opportunity, this prime retail shopping center is now available for acquisition. Situated in a highly sought-after location, this property offers investors a strategic asset with a strong track record of performance and promising growth prospects. Strategically located in a high-traffic area with excellent visibility and accessibility, this shopping center is a cornerstone of the community and enjoys a consistent influx of potential customers. This shopping center boasts a total of +/-12,000 square feet on a spacious 3.68 acre lot. The center's diverse tenant mix includes a wide range of retail, dining, and service businesses. The shopping center offers ample parking with approximately 150 parking spaces, ensuring convenience for customers and tenants. The deferred maintenance presents an opportunity for the buyer to renovate and modernize the property, potentially increasing its leasing appeal and rental income. This could involve upgrading the façade, parking lot, enhancing landscaping, or improving common areas. Opportunities for expansion or redevelopment are available, allowing for additional revenue streams. Within the existing Neighborhood Commercial (C-N) zone, a senior living facility is permitted with the approval of a conditional use permit (CUP). Upon full or preliminary application submittal, the City’s development review team would consider this potential project’s compatibility with the site and surrounding neighborhood. A consideration for a facility provider may be proximity to a hospital or medical facility from the property. With regard to the potential of rezoning to a residential zone. A rezone to Single Family (R-1) is the most intensive residential density the City may be supportive of. Currently, the maximum density in the R-1 zone is 6 dwelling units per acre. A zone change would also require a general plan amendment, which is a legislative request that requires city council approval. At a minimum, this type of project application would require the preparation of an initial study by one of our environmental consultants to assess what type of environmental review is warranted. Buyers are advised to check with the City for all development possibilities!

160 Olinda Place, Brea
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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.