Listing Courtesy of:
Coldwell Banker Realty
Agency Phone: 714-374-4459
Associate Name: Terry McCarty
Listing Shown by:
Farrell Smyth, Inc.
Associate Name: Jennifer Hamilton, DRE#01800791, Owner/Broker
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.
Listed By
Agency Name: Coldwell Banker Realty
Agent Name: Terry McCarty
Agency Phone: 714-374-4459
Shown By
Agent Name: Jennifer Hamilton, DRE#01800791, Owner/Broker
Agent Phone: (805) 543-2172 ext. 30
Agency Title: Farrell Smyth, Inc.
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 InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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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 jenniferhamilton.farrellsmyth.com today.