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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

Located in Fountain Valley, this property boasts a favorable Floor Area Ratio (FAR) of up to 1.5, achievable through adherence to city development standards. With this potential, the site offers an opportunity to develop over 180,000 square feet, making it highly suitable for a hotel project. Positioned near Mile Square Regional Park and coastal attractions, the area draws a steady flow of tourists and business travelers year-round. Its strategic location, combined with robust local amenities and strong demographic appeal, ensures consistent occupancy and robust revenue potential. This investment opportunity not only leverages Fountain Valley's growth trajectory but also positions itself as a lucrative venture for hospitality development.

Attachments

BROOKHURST OM

Property Facts

Sale Type Investment
Sale Conditions Redevelopment Project
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

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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 169-162-10
  • 169-162-06
  • 169-162-02
  • 169-162-01
  • 169-162-09
Land Assessment
$2,486,994 CAD
Improvements Assessment
$2,594,636 CAD
Total Assessment
$5,081,630 CAD

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.)
  • Listing ID: 32477682

  • Date on Market: 2024-07-16

  • Last Updated:

  • Address: Brookhurst St, Fountain Valley, CA 92708

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