12771 Lorna Street
Garden Grove, CA, United States
  • 0.3749 acres Lot Area
$1,700,000
Active

12771 Lorna Street Garden Grove, CA 92841

  • MLS # OC26185605

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 Highlights

  • Region: Orange County / Riverside

Location

The listing broker’s offer of compensation is made only to participants of the multiple listing service where the listing is filed.

Request Information

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking CONTACT, I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Policy.