Garden Grove, CA 92840,11432 Stanford AVE
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Garden Grove, CA 92840,11432 Stanford AVE
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

$2,200,000

36.4%
Est.Price: ?

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11432 Stanford AVE Garden Grove, CA 92840

3,299 SqFt

SOLD DATE : 09/21/2021

Key Details

Sold Price $3,000,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 3,299 sqft

Price per Sqft $909

MLS Listing ID PW21070118

Sold Date 09/21/21

HOA Y/N No

Year Built 1913

Lot Size 0.900 Acres

Acres 0.8998

Property Description

INCREDIBLE INVESTMENT OPPORTUNITY! A rare find in downtown Garden Grove, this parcel encompasses approximately 39,000 sqft and 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!!

Location

State CA

County Orange

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

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Fireplace No

Laundry None

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Gutter(s), Sidewalks

Total Parking Spaces 2

Private Pool No

Building

Lot Description Over 40 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 09015320

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing 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

Anna Taylor

Agent | License ID: 02115281

+1(562) 275-1710

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