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Additional details
$ 1,649,000
Est. payment /mo
Price Dropped by $51K
12771 Lorna Garden Grove, CA 92841
0.37 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26185605
Lot Size 0.375 Acres
Property Sub-Type Lots/Land
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.
Location
State CA
County Orange
Direction N/Garden Grove Blvd W/Magnolia
Interior
Fireplace No
Exterior
Utilities Available Electric, Natural Gas, Telephone
View Y/N No
Present Use Unimproved
Others
Senior Community No
Tax ID 13346314
Listed by Terry McCarty, DRE#01239625 Coldwell Banker Realty
NEARBY SCHOOL & BUSINESS
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