1555 North Harbor, Fullerton, CA 92835

$3,299,000
List Price
$3,299,000
Price Change
▼ $651,000 1726808235
MLS#
OC24160934
Status
ACTIVE
Type
Land

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.

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Courtesy of Compass, Patrick Parry.