The property is located in a redeveloping area of Anaheim, CA near the intersection of South Street and East Street. New residential and commercial developments surround this transitioning neighborhood, including the Anaheim Packing House, a gourmet food hall in Downtown Anaheim, which was formerly used as a packing house by Sunkist in the early 1900s.
The Shopoff team secured entitlements in late 2017 for approximately 232 for-sale homes and a 314-unit apartment community, for a total of 546 residential units. The for-sale home portion of the property was sold in July 2018 to a homebuilder.
The remaining 5.0 acres that is entitled for an apartment development is available for sale to an apartment developer.
This property is one of the number of properties that are managed by Shopoff Realty Investments, and owned by closed investment funds. For the remainder of the properties "click here"
This is neither an offer to sell nor a solicitation of an offer to buy any security. An investment in a Shopoff limited partnership involves a high degree of risk, including the possible loss of your investment, and is illiquid with an uncertain liquidity date. Past performance is not indicative of future results. Securities offered through Shopoff Securities, Inc., member FINRA/SIPC.