Land For Sale • 2.81 AC
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.
Dense suburban area |
Convenient Fwy access |
Diverse demographics |
Approx. 8k people per square mile |
Strong Asian-American community |
Frontage facing Interstate 405 Freeway & Brookhurst Street |
Airport | Drive | Walk | Distance |
---|---|---|---|
John Wayne/Orange County | 8 min | - | 5.5 mi |
Long Beach (Daugherty Field) | 21 min | - | 16.8 mi |