(949) 789-4555
Anaheim
N WEST ST
City of Anaheim
THE OPPORTUNITY
The subject 2.2-acre property is ideally located in the City of Anaheim with easy access to the I-5 and 91 freeways. The neighborhood is characterized with residential housing and is proximate to a host of commercial services in the area. Anaheim is well known for its progressive approach to development and the abundance of resort and entertainment options.
The City has expressed support to entitle the property with a land use designation of RM-4 (up to 36 du/ac) which is consistent with the adjacent neighborhood and the parcel with the existing 5 residential units. A Buyer may also want to consider applying the available State Density Bonus Law in the design of the project. Several possibilities exist for the product to be developed.
PROPERTY HIGHLIGHTS
- 2.2 acres ideally located in the City of Anaheim.
- Level site with utilities available to the site.
- Seller will provide time to obtain approval of a tentative map for the close of escrow.
- City is pro-development and expressed support for development of the property.
- Current zoning on a portion of the site is RM-4 (up to 36 du/ac).
- An application for a site plan for 48 3-story townhome units has been submitted to the city and ownership has received staff comments.
- Several reports and studies have been completed for the site and are available for review in the Due Diligence folder.
