$3,299,000
1555 North Harbor Fullerton, CA 92835
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$3,299,000
Est. payment /mo
0.84 Acres Lot
Active
1555 North Harbor Fullerton, CA 92835
UPDATED:
09/30/2024 06:04 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision ,Other
MLS Listing ID OC24160934
HOA Y/N No
Lot Size 0.842 Acres
Property Description
Development Opportunity in the Heart of Fullerton.
1555 N Harbor Blvd presents an exceptional opportunity to develop a 26-townhome condominium project in a prime location that seamlessly integrates connectivity, education, employment, and a vibrant community. These units can be sold individually as condos or as luxury rentals. This site offers two preliminary plan sets, each with distinct benefits and considerations, designed to meet various development goals and regulatory requirements.
Both plan sets are entitled by ministerial right, ensuring the unit count is approved and providing a streamlined path forward. This by-right approval also grants you the flexibility to customize the project design without the constraints of subjective review standards. Both sets plan for 26 units(23 market & 3 at low affordability) with 3 & 4 bedrooms and 2/2.5 bath ranging from 1500-1800 sq.ft.
This efficient process not only accelerates project timelines but also gives you the freedom to create a development that best aligns with your vision and market needs. Builders have the flexibility to proceed with these existing concepts or utilize the entitled unit count to design a customized project. For instance, you can opt for a traditional tri-level garage carriage unit townhome design instead of the proposed podium parking solution. This flexibility ensures a faster development process while allowing you to tailor the project to best fit your vision and market demands. Pan Sets, topo, soil report, building guidelines available upon request.
1555 N Harbor Blvd presents an exceptional opportunity to develop a 26-townhome condominium project in a prime location that seamlessly integrates connectivity, education, employment, and a vibrant community. These units can be sold individually as condos or as luxury rentals. This site offers two preliminary plan sets, each with distinct benefits and considerations, designed to meet various development goals and regulatory requirements.
Both plan sets are entitled by ministerial right, ensuring the unit count is approved and providing a streamlined path forward. This by-right approval also grants you the flexibility to customize the project design without the constraints of subjective review standards. Both sets plan for 26 units(23 market & 3 at low affordability) with 3 & 4 bedrooms and 2/2.5 bath ranging from 1500-1800 sq.ft.
This efficient process not only accelerates project timelines but also gives you the freedom to create a development that best aligns with your vision and market needs. Builders have the flexibility to proceed with these existing concepts or utilize the entitled unit count to design a customized project. For instance, you can opt for a traditional tri-level garage carriage unit townhome design instead of the proposed podium parking solution. This flexibility ensures a faster development process while allowing you to tailor the project to best fit your vision and market demands. Pan Sets, topo, soil report, building guidelines available upon request.
Location
State CA
County Orange
Area 83 - Fullerton
Zoning Land
Interior
Fireplace No
Exterior
Community Features Biking, Curbs, Golf, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
View Y/N Yes
View City Lights, Park/Greenbelt, Golf Course
Present Use Commercial,Multi-Family
Building
Lot Description 16-20 Units/Acre, 21-25 Units/Acre, 26-30 Units/Acre, 31-35 Units/Acre
Water Public
New Construction Yes
Others
Senior Community No
Tax ID 28101130
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Patrick Parry • Compass • 949-441-8683