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Nicole Van Parys & Gary Nesen
Engel & Völkers Americas
nicole.vanparys@engelvoelkers.com +1(805) 795-1880Listed by Steven Jones • Olympia Capital Corporation
$ 7,000,000
Est. payment /mo
New
9891 Garden Grove Boulevard Garden Grove, CA 92844
1.2 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW-25142141
Lot Size 1.200 Acres
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
Zoning GGMU3
Exterior
Community Features Curbs, Gutters, Sidewalks, Street Lights
View Y/N Yes
View City Lights
Building
Lot Description Level, Lot Over 40000 Sqft, Near Public Transit, Rectangular Lot
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944