92823 Homes with Retail Subtype

Welcome to the charming community of Brea, California, nestled in the heart of Orange County and boasting the zip code 92823. Known for its vibrant atmosphere, Brea offers a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and retirees alike.

The 92823 area is characterized by its picturesque neighborhoods, well-maintained parks, and a strong sense of community. Residents enjoy easy access to a variety of shopping, dining, and entertainment options, with the Brea Mall and Downtown Brea just a stone's throw away. The city's commitment to preserving green spaces is evident in the numerous parks and recreational facilities, providing ample opportunities for outdoor activities and family gatherings.

One of the standout features of this area is the availability of homes with a retail subtype. These properties offer a unique opportunity for those looking to blend residential living with business potential. Imagine living in a beautifully designed home while having the convenience of running a retail business right at your doorstep. This innovative concept not only enhances your lifestyle but also provides a fantastic opportunity for additional income.

With its excellent schools, diverse community, and a plethora of local amenities, Brea's 92823 zip code is an attractive destination for anyone looking to settle in a vibrant and dynamic environment. Whether you're seeking a cozy family home or a property that can accommodate your entrepreneurial spirit, Brea has something to offer everyone. Come explore the possibilities in this delightful corner of Orange County!

Newest 92823 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.