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Listed by Steven Jones • Olympia Capital Corporation
$7,000,000
Est. payment /mo
52,272 SqFt
New
9891 Garden Grove Boulevard Garden Grove, CA 92844
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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 52,272 sqft
Price per Sqft $133
MLS Listing ID CRPW25142141
HOA Y/N No
Lot Size 1.200 Acres
Property Sub-Type Unimproved Land
Source Datashare California Regional
Property Description
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.
Location
State CA
County Orange
Interior
Fireplace No
Exterior
View City Lights
Building
Lot Description Level

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