For Sale Lot / Land MLS# OC26185605

12771 Lorna Street

Garden Grove, CA 92841

$1,599,000

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About 12771 Lorna Street

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 details

Property

Type
land
MLS type
Land/Property
Status
Active
Lot
0.3749
Original price
$1,700,000
MLS #
OC26185605

Exterior & lot

Lot
R-3 MULTI, Unimproved

Schools

District
Garden Grove Unified School District

Utilities

Utilities
Public Sewer, Public, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Electricity - On Property
Water
Public
Sewer
Public Sewer

Financial

Parcel
13346314
Special conditions
Standard

Location

Subdivision
other
Area
63 - Garden Grove S of Chapman, W of Euclid
County
Orange
Neighborhood
Garden Grove Corridor District
Community
City Street, 0.0
Directions
N/Garden Grove Blvd W/Magnolia

Ask about this property

Questions on 12771 Lorna Street, Garden Grove, CA 92841, or want to see it in person?

Listed by Terry McCarty, Coldwell Banker Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.