Available For Sale - Multifamily

3,299 SF | Show Pricing $

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AVAILABILITY DETAILS

Size
3,299 SF
Price/SF
Show Pricing $
Listing ID
SA459971
Notes
DESCRIPTION

INCREDIBLE INVESTMENT OPPORTUNITY! A rare find in downtown Garden Grove, this parcel encompasses over 38,000 sqft has 3 existing homes

and lots of open space for an additional unit or ADU. Reminiscent of days gone by, this is your opportunity to own one of the last generously sized

land parcels remaining in central OC. The restoration, development and/or renewal prospects of this property are endless and with 40+ residential

units allowed per acre, this unique parcel can afford the new owners many options, as well as many opportunities. Endless possibilities include

creating a family compound, expansion of the existing homes, additional new homes and/or ADU's, a hobby farm/gardens, swimming pools and

tennis courts - all for your own personal use and enjoyment, all while enjoying country life in the city! Close to City Hall, Public Safety, schools

parks, library and restaurants. Great development opportunity as well, and is being offered as land under MLS #PW21062001. Seller would also like

to sell adjoining home and contiguous parcel located next door at 11462 Stanford Ave; APN #090-153-19, MLS #21070116. Current ownership has maintained the rental rates below the market level and with the right strategy and approach, a new investor can take advantage of a significant

repositioning opportunity. DRIVE BY ONLY. DRIVE BY ONLY. Please d
Uses
Multifamily

Other Availability in this Property

Space/Suite Square Feet Type Uses Asking Rent/Price
39,195 SF Sale Land Show Pricing $ chevron_right
Space/Suite
 
Square Feet
39,195 for sale
Uses
Land
Asking Rent/Price
Show Pricing $

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Scott Weimer, Weimer & Associates