LOT SIZE 0.375 acres
MLS#OC26185605
STATUSActive
PROPERTY TYPELand - Residential
Listing Courtesy of:
Coldwell Banker Realty
Agency Phone: 714-374-4459
Associate Name: Terry McCarty
Listing Shown by:
Farrell Smyth, Inc.
Agency Phone: 805-543-2172
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.
Property Features
Property Type: Land - Residential
Lot Size: 0.37 Acres
Feature Descriptions
Community Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Days on Site: 22
Lot: Rectangular Lot, Street Level
Parcel#: 13346314
Sewer: Public Sewer
Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water: Public
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty
Agent Name: Terry McCarty
Agency Phone: 714-374-4459
Shown By
Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172
Estimate Your Payment
Estimated Payment
$ 4,279.30 per month $3,783.46 Principal & Interest $0.00 Property Tax (data not provided by mls) $495.83 Homeowner's Insurance
12771 Lorna Street | MLS# OC26185605
This land located at 12771 Lorna Street, Garden Grove, CA 92841 is currently listed for sale with an asking price of $1,700,000. The property has approximately 0.37 Acres. Search Garden Grove real estate on www.farrellsmyth.com today.