Description de l'actif
JLL is pleased to present this 4.3-acre land development opportunity in Seal Beach, California (the “Property” or “Site”). The Property is a prime opportunity for residential development, located just steps from Seal Beach and overlooking the San Gabriel River. Just across the River lies the Alamitos Bay Marina and the trendy Long Beach community of Belmont Shores featuring a recently renovated small craft harbor, numerous popular restaurants and shops, and Ballast Point Brewing. Strategically located at the border of Los Angeles and Orange Counties, the Site is an attractive offering for workers commuting to the South Bay as well as to Orange County locales.
Caractéristiques de l'actif
Média
Points clés d'investissement
Premier Oceanfront Location
Situated in the heart of one of California’s top leisure
destinations, the Property is just steps from the Seal Beach
Pier and Alamitos Bay Marina. The Property is highly accessible
via highways and five airports in the Greater Los Angeles and
Orange County metropolitan areas, including the John Wayne
Airport with international services.
Large development site with potential for multifamily
residential
The Site is over 187,000 square feet in size (4.3 acres) and the
City of Seal Beach’s General Plan specifically identifies the site
for future residential use. The surrounding neighborhood is
already characterized by existing multi-family detached single
family residential.
Outstanding Orange County Location
Orange County’s 3,200,000+ population makes it the third most
populated county in California, the sixth most populous in the
United States, and more populous than 21 U.S. States. And yet
Orange County remains renowned for its luxurious suburban
lifestyle and spectacular coastline. Ideally situated between
Los Angeles and San Diego, Orange County is home to many
of California’s most highly desirable communities including
Newport Beach, Irvine, Anaheim, Laguna Beach, Laguna
Niguel, San Juan Capistrano, Dana Point, and Mission Viejo.
Supply Constrained Coastal Residential Market
Orange County’s near perfect climate, abundant parks and
beaches, and thriving economy make it one of the most
highly desired residential markets in the United States.
Existing homes and new residential developments are quickly
absorbed and developable land is difficult to obtain. The
Orange County coastal submarket experiences the highest
level of demand and contains the most limited supply.
Vibrant Local Economy
Orange County’s wealthy population, great schools, and
business-friendly environment, coupled with strict barriersto-
entry, offer a rich quality of life for both its residents and
business community. Orange County serves as headquarters
to seven Fortune 500 companies, including many notable high
tech firms such as Broadcom, Western Digital, and Ingram
Micro, as well as numerous corporations that reflect the
vibrant Orange County lifestyle. Action sports industry leaders
such as Billabong, Hurley, Oakley, O’Neill, Quiksilver, and
Volcom all call Orange County home.
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