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.