Property Detail

516 State College

Anaheim CA 92806

$2,000,000

Status: Active

Property Details

Description

Rare Anaheim residential development opportunity! This approximately 22,800-square-foot site is zoned R2-2 and offers public-street access from both ends of the property. Rare Anaheim residential development opportunity! This approximately 22,800-square-foot site is zoned RS-2 and offers public-street access from both ends of the property. The property currently has a two-bedroom, one-bath home built in 1905 containing approximately 1,008 square feet, offering potential immediate rental income while a buyer evaluates future development opportunities. Preliminary concepts have been prepared for six attached single-family residences or an alternative eight-unit apartment community. The six-home concept features two-story, three-bedroom residences of approximately 1,800 square feet, attached two-car garages, additional onsite parking and a central through-access driveway. The apartment concept includes eight spacious two-bedroom units with private outdoor areas, landscaping, onsite parking and common recreation space. Ideally suited for homebuilders, apartment developers, build-to-rent investors and residential contractors seeking a well-located Anaheim infill project. APN 083-411-03. Conceptual plans and marketing package are available upon request. All plans, unit counts and development assumptions are conceptual only and have not been approved by the City. Buyer must independently verify zoning, density, permitted uses, setbacks, parking, fire access, utilities, fees and entitlement feasibility with the City of Anaheim and appropriate professionals.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
Inquire Now
admin Real estate 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM Closed Closed https://static.royacdn.com/Site-da8039ec-6ba3-4175-a4d4-208d29681a64/team_photo_new.jpg realtor # # # https://static.royacdn.com/Site-da8039ec-6ba3-4175-a4d4-208d29681a64/team_photo_new.jpg 10969556 9492465452 02054356 9497060426 01397481 9499030026 02077688 9495007057 01963052 7143173874 02224448 7146093424