Neighborhood: 64 - Garden Grove E Of Euclid, W Of Harbor, Other (othr)
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.