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$1,599,000

FOR SALE
Active

12771 Lorna Street

Garden Grove, CA

MLS# OC26185605

71 days on marketNalren refreshed

Listing Agent

Terry McCarty

Listing Agent

Coldwell Banker Realty

DRE #: 01239625

(714) 392-2880

Brokerage: Coldwell Banker Realty

Property Details

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Bedrooms

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Bathrooms

N/A

Square Feet

N/A

Year Built

0.37 acres

Lot Size

N/A

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

N/A

Property Type

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.

Facts & Features

Exterior

Lot Features
Rectangular Lot, Street Level

Utilities

Utilities
Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Sewer
Public Sewer
Water Source
Public

Community / HOA

HOA
No
Association Fee
$0

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