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  • 12667 Michigan Street

12667 Michigan Street, Grand Terrace, CA 92313

$4,500,000 Approx. USD 0 beds, 0 baths
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The Keaty Team REALTORĀ® - Sales Associate 714-608-3298 m
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Lic#: 01276603
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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
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Tustin 18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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Listing Agent


Joseph Catanzarite | joseph@aegishomes.com
Lic#: 02062568
Broker: Courtesy of AEGIS PROPERTIES INC
Phone: 714-535-7999

Agent Remarks

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.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# IG26153709
Price: $4,500,000
HOA Fee is $0.00
Beds: 0
Baths: 0
4.47 acres
Lot size: 4.4700
County: San Bernardino
Zoning: R1
Lot description: Rectangular Lot,Value In Land,Level
MLS area: 266 - Grand Terrace

Last Updated: 7/17/2026

 Days On Market (DOM): 77

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This listing belongs to the 266 - Grand Terrace MLS area

Lat/Long: 34.023964, -117.321727.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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