Property Detail

Description

A prime investment opportunity in North Anaheim. This vacant residential parcel is strategically located within a General Plan Overlay Zone, a designation intended to promote and expedite housing development, offering a substantial increase in potential density and allowable uses. Zoning Overlays: The property benefits from the General Plan Overlay Zone, which should be the focus of any developer's initial due diligence. This overlay is designed to unlock greater development capacity. Allowable Density: Base zoning technically permits 18 units per acre (Density per base zone, subject to overlay standards). Development Potential Highlight: Based on the parcel size and the favorable zoning, a preliminary estimate suggests the potential to develop four (4) stand-alone residential units on this lot. Location: Situated in a desirable Anaheim location, close to major transit, employment centers, and local amenities, ensuring strong future rental demand or resale value. NOTE TO BUYERS: All proposed development plans, unit counts, and required permits are subject to final approval by the City of Anaheim. Buyer is responsible for verifying all zoning, density, lot coverage, and utility information.