Brea Homes with Retail Subtype

Brea Homes with Retail Subtype

Brea: A Vibrant City in Orange County, CA

Located in the heart of Orange County, California, Brea is a vibrant city that offers a perfect blend of suburban charm and urban amenities. With a population of approximately 43,000 residents, Brea is known for its strong sense of community, excellent schools, and a thriving economy.

Situated in Orange County, Brea benefits from its proximity to major metropolitan areas such as Los Angeles and Anaheim. Residents enjoy easy access to a wide range of cultural, entertainment, and recreational opportunities. Whether it's catching a game at the nearby Angel Stadium or exploring the world-famous Disneyland Resort, there is always something exciting to do in Brea.

One of the unique features of Brea is its Homes with Retail Subtype. This means that some residential properties in the city have retail spaces or storefronts attached to them. This offers residents the convenience of having shops, restaurants, or other businesses right at their doorstep. Imagine living in a beautiful home with the option to walk to your favorite coffee shop or boutique.

Brea is also known for its well-planned neighborhoods, featuring a variety of architectural styles and sizes to suit different preferences and budgets. From charming single-family homes to modern townhouses, there is a wide range of real estate options available in this community.

If you're looking for a city that offers a high quality of life, excellent schools, and a convenient location, Brea in Orange County, CA is definitely worth considering. With its unique Homes with Retail Subtype, you can enjoy the best of both residential and commercial worlds.

Newest Brea Homes with Retail Subtype

$2,995,000
CV23200708 MLS Active Status
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 California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.