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$4,500,000
IG26153709 MLS Active Status
Rare 4.47-acre, level and flat development site in a supply-constrained submarket with very little remaining undeveloped land in Grand Terrace. The parcel is rectangular in shape, with the exception of a small lot at the southwest corner that is not part of this offering. The site is currently zoned R-1, and the City has already taken the first step toward approving a zoning increase to R3-40. A second reading of the ordinance and a waiting period remain before the change becomes law, but the process is underway, positioning this as one of the few opportunities in Grand Terrace for a future multi-family project of meaningful scale. In addition to the raw land, the offering includes a leasehold interest in an approximately 4,100 SF masonry church building, built in 1967, that runs with the land. Public water and sewer, plus electricity, gas, cable, telephone, and irrigation, are already available at the site. Grand Terrace is a charming, low-rise bedroom community known for low crime and good schools, with easy freeway access and close proximity to Loma Linda, home to a major medical center and university. With upzoning to R3-40 in process, all utilities in place, and a leased improvement already on site, this parcel is a rare find for a developer, investor, or owner/user seeking to build multi-family housing. Buyer and buyer's agent to independently verify zoning, entitlement status, lot size, square footage, and all other facts material to this listing. Information is deemed reliable but not guaranteed.

12667 Michigan Street, Grand Terrace

$294,000
IV26028331 MLS Active Status
Welcome to 0 Vista Grande way! This incredible 30,042 sqft lot is flat buildable and comes ready with plans for a 2497 sqft front home with a 3 car attached garage and a 1800 sqft adu with garage as well. This amazing parcel due to the city of Grand Terraces generous rules on Adu's allow building of adu's slightly smaller than the main home not only 1200 sqft. Both of these units have the ability for granny units to make a possibility of 4 total rental units on the property. Talk about a cash cow. Curb and gutter as well as sidewalk present and utilities are right there! perfect for anyone ready to make money or build a dream home. It cant be guaranteed for long so please do not delay to reach out. Also in need of a fantastic affordable contractor I have Go-Man Construction who often times can build for less than 200.00 a sqft.

Vista grande Way, Grand Terrace

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.