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Avison Young Completes 4-Acre Land Deal for Mission Viejo Condo Development
Avison Young completed the $9.9-million sale of 4.11 acres of land at 28719 Los Alisos Blvd. in Mission Viejo. The buyer, an unnamed national builder, plans to develop City Lane Townhomes, a fully entitled, 60-unit for-sale townhome project on the site.
City Lane Townhomes is planned to include two- and three-bedroom condominiums with a total of nine affordable units and will feature amenities such as a dining court with barbeque area, table and bar seating, and play area.
Avison Young’s Peter Hauser, Alan Pekarcik, Matt Hauser and Chris Smith represented the seller, MF Mission Viejo, LLC, a family partnership on behalf of Ray and Nic DeAngelo.
“The property was marketed exclusively on behalf of the seller,” said Peter Hauser. “As testimony to the strong market demand for entitled residential land sites in south Orange County, Avison Young received more than 20 offers.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Development
- ◦Sale/Acquisition


