1555 North Harbor, Fullerton, CA 92835 (Sold on )

Property Description

Rare 10-Lot Infill Development Opportunity | City of Fullerton ($325,000/Lot). Possible Seller JV or Seller Cary option | Note that this site can be built to scale at an option to build as many as 53 condo units with a streamlined entitlement process | An exceptional infill opportunity to acquire a proposed 10-unit residential development site in the City of Fullerton. This site design prioritizes true fee-simple lot ownership—offering future buyers detached single-family privacy with low projected shared maintenance overhead ($0–$50/mo target vs $500+/mo at nearby new developments). Development Potential & Flexible Layouts | Fee-Simple Ownership Structure: Proposed 10 individual residential lots centered around a shared drive aisle and road maintenance agreement. Designed with intent for a streamlined DRE process. Versatile Build Options: Concept allows up to 1,750 sq. ft. habitable main residences, plus a Junior ADU (JADU) with interior hallway access up to 500 sq. ft. (2,250 total sq. ft.), or attached/detached ADU configurations—including a unique design option for detached ADUs across the drive aisle. Planning Progress: Prior minor site plan review completed with city staff comments on file and available for developer review. Design criteria met under proposed site design and no public hearing required. Builders can proceed toward finalizing and construction docs concurrently. | Location & Strong Surrounding Market | Proven Market Demand: Nearby new-construction detached 3-bedroom homes recently achieved sales in the $1.5M range with heavy HOA monthly structures, demonstrating high buyer appetite for low-HOA fee-simple options. | Infrastructure Upgrades Underway: Situated along Harbor Blvd, where a city-funded streetscape project is currently transforming the corridor from 6 lanes down to 4 with wider, enhanced bike lanes and improved pedestrian access.