Garden Grove, CA 92840,11432 Stanford AVE
Garden Grove, CA 92840,11432 Stanford AVE
Garden Grove, CA 92840,11432 Stanford AVE
$3,000,000
Est. payment /mo
Est.Price: ?

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0.9 Acres Lot
SOLD DATE : 09/21/2021

Key Details

Sold Price $3,000,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Other (Othr)

MLS Listing ID PW21062001

Lot Size 0.900 Acres

Property Description

Investor/Developer infill opportunity in downtown Garden Grove, near City Hall. Being presented is a flat, buildable lot of approximately 39,000 sqft recently appraised at $2,240,000. Currently consisting of 3 income producing dwellings, this property located in the Civic Center Core zoning has several development possibilities. Seller prefers to sell with adjoining residential property at 11462 Stanford: APN #090-153-19, MLS #PW21070116. GG CC3-Civic Center Core zoning permits 42 residential units/per acre and has a Commercial Floor Area Ratio of .5 (verify with the City of Garden Grove), and when combined, both lots offer over 48,000 of level building area. Property is in close proximity to schools, City Hall, Fire & Police, Library, Euclid Park, Historical Main Street, Steelcraft, Costco, Home Depot, Little Saigon, KoreaTown, the 22 Frwy and numerous other restaurants and stores. Also only minutes to Disneyland and the entire Anaheim Entertainment District. Across the street from Acacia Adult Day Service Center, the Louis Lake Senior Center and the Jordan Manor Senior Community. Also being offered as Residential Income Property under MLS #PW21070118. DRIVE BY ONLY. DRIVE BY ONLY. Please do not disturb or talk to tenants, or enter or walk on properties under any circumstances. Contact Listing Agent or your Agent for instructions. LIVE, INVEST OR DEVELOP, THE CHOICE IS YOURS!

Location

State CA

County Orange

Area 64 - Garden Grove E Of Euclid, W Of Harbor

Zoning CC-3

Exterior

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks

View Y/N No

View None

Building

Lot Description Corner Lot, Lot Over 40000 Sqft, Level, Over 40 Units/Acre

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Scott Weimer • Weimer & Associates
Bought with Scott Weimer • Weimer & Associates

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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