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.
Discover an AMAZING 1.4-Acre Property on Vista Grande Way with Breathtaking Views. Situated to the East is a Church at 22755 Vista Grande Way in Grand Terrace, and to the West Mt Vernon Another Church Address 1401. Explore the Potential of this Parcel Today and Unlock Endless Possibilities! Don't Miss Out on this Opportunity. Go Direct!!!
Grand Terrace is located in California. Grand Terrace, California has a population of 13,079. Grand Terrace is less family-centric than the surrounding county with 26.68% of the households containing married families with children. The county average for households married with children is 33.94%.
The median household income in Grand Terrace, California is $76,791. The median household income for the surrounding county is $70,287 compared to the national median of $69,021. The median age of people living in Grand Terrace is 36.8 years.
The average high temperature in July is 94.9 degrees, with an average low temperature in January of 42.6 degrees. The average rainfall is approximately 12.2 inches per year, with 0 inches of snow per year.
