$1,160,200
$1,100,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
1,155 SqFt
SOLD DATE : 07/22/2021
Key Details
Sold Price $1,160,200
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,155 sqft
Price per Sqft $1,004
Subdivision Other (Othr)
MLS Listing ID PW21063908
Sold Date 07/22/21
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1950
Lot Size 0.340 Acres
Property Description
For sale is a rare residential redevelopment opportunity in Garden Grove, CA. The site is located on Safford Street, just off of Garden Grove Blvd. a major thoroughfare and redevelopment corridor. Currently utilized as a income producing single family home rental on a +/- 14,810 sq/ft lot, a savvy investor can begin city entitlements while collecting income. Currently the lot is zoned Garden Grove Boulevard Mixed Use 2 (GGMU-2). This rare zoning will allow mixed use or full residential development. Furthermore, a density bonus is offered by the city due to its proximity to its redevelopment corridor.
Location
State CA
County Orange
Area 64 - Garden Grove E Of Euclid, W Of Harbor
Rooms
Main Level Bedrooms 3
Interior
Cooling None
Fireplaces Type Living Room
Fireplace Yes
Laundry Inside
Exterior
Parking Features Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Suburban
View Y/N No
View None
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Front Yard
Story 1
Entry Level One
Sewer Unknown
Water Public
Level or Stories One
New Construction No
Schools
School District Garden Grove Unified
Others
Senior Community No
Tax ID 10004224
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Aurora Gim • Expert Real Estate
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