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$1,649,000
Est. payment /mo
0.37 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26185605
HOA Y/N No
Lot Size 0.375 Acres
Property Description
Rare 16,329-square-foot R-3 multifamily lot in Central Garden Grove offering an excellent development opportunity. Current zoning for R-3 multi family allows for 32 units per acre. At .38 acres, this property can technically hold 12 units. THE ABILITY TO SUBDIVIDE IS ALSO ALLOWED.
A full set of plans for 6 units plus one ADU has already been drafted and submitted to the City for approval. The City has already approved the land use of six plus one. The submitted plans include two separate 4,286-square-foot buildings, each with three 2-bedroom, 2.5-bath units, with each unit offering a two-car garage. The proposed ADU is 446 sqft. Plans are included with the sale and currently under review.
Located approximately 5 miles from Disneyland and 10 miles from the beach, the property offers a central Orange County location with strong development potential.
Very important for Buyer to independently verify zoning, development potential, plan approval status, and feasibility of any proposed building scenario with the City of Garden Grove.
A full set of plans for 6 units plus one ADU has already been drafted and submitted to the City for approval. The City has already approved the land use of six plus one. The submitted plans include two separate 4,286-square-foot buildings, each with three 2-bedroom, 2.5-bath units, with each unit offering a two-car garage. The proposed ADU is 446 sqft. Plans are included with the sale and currently under review.
Located approximately 5 miles from Disneyland and 10 miles from the beach, the property offers a central Orange County location with strong development potential.
Very important for Buyer to independently verify zoning, development potential, plan approval status, and feasibility of any proposed building scenario with the City of Garden Grove.
Location
State CA
County Orange
Area 63 - Garden Grove S Of Chapman, W Of Euclid
Zoning R-3 MULTI
Interior
Fireplace No
Exterior
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
View Y/N No
View None
Present Use Unimproved
Building
Lot Description Rectangular Lot, Street Level
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 13346314
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
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Listed by Terry McCarty Coldwell Banker Realty 714-392-2880, DRE #01239625
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