$1,649,000
12771 Lorna Street
Garden Grove, CA 92841
Orange
County
Land
Property Type
About this home
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.
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Mortgage Estimate
$8,777/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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