This offering includes the two contiguous parcels located at 9891 and 9901 Garden Grove Boulevard, totaling approximately 1.2 acres of land area. The underlying zoning is GGMU3 which allows for a base residential density of up to 48 dwelling units per acre. However, this site has been fully entitled for 98 apartment units, including 10 affordable units, which was processed under California Density Bonus Law. Prospective buyers can either proceed directly into creating construction drawings for building according to the approved plans, or else pursue entitlements for their own desired development program. The site contains an existing auto use building and a residential dwelling unit, which may be utilized to generate income. Residential, commercial, or mixed-use projects are all viable development options. Phase I and Phase II environmental studies have already been completed.
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Listing Snapshot
Price
$7,000,000
Days On Site
25 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.2 Acres
Year Built
N/A
MLS® Number
PW25142141
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
4 weeks ago
Listing first seen on site
4 weeks ago
Listing updated with changes from the MLS®
General Features
Acres
1.2
Special Circumstances
Standard
Water Source
Public
Zoning
GGMU3
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Exterior Features
Lot Features
LevelNear Public TransitRectangular Lot
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City Lights
Waterview
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Community Features
Community Features
CurbsStreet LightsSidewalks
Financing Terms Available
Cash
MLS Area
699 - Not Defined
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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