11432 STANFORD AVE Garden Grove, CA 92840

$2,100,000

0 of 0

Bedrooms

Total Baths

Full Baths

3,299

Square Feet

0.90

Acres

1913

Year Built

16 days

On Website

Active

Status

INCREDIBLE INVESTMENT OPPORTUNITY! A rare find in downtown Garden Grove, this parcel encompasses over 39,000 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 do not disturb or talk to tenants, or enter or walk on properties under any circumstances! LIVE, INVEST OR DEVELOP, THE CHOICE IS YOURS!!

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Details


Interior
Living Area
3,299 SqFt.

Building And Construction
Number Of Units Total
3
Property Sub Type
Single Family Residence
Property Type
Residential
Year Built
1913

Exterior And Lot
Lot Size Acres
0.8998
Lot Size Square Feet
39195
Lot Size Units
Square Feet
Parking Total
2

Area And Schools
City
Garden Grove
County Or Parish
Orange

Financial Info
Buyer Agency Compensation
2%

Listing By Weimer & Associates – Scott Weimer

MLS# PW21070118

Data Last Updated 7:40pm - 04/20/2021

California Regional MLS

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright© 2021 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright© 2021 California Regional Multiple Listing Service, Inc. All rights reserved.

92840 Statistics and Information

Transportation

Walking

Very Walkable

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