Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    10622 Tibbs Cir Garden Grove, CA 92840

    For Sale
    $5,250,000

    Apartment - Garden Grove, CA

    Type:Apartment
    Property size:
    4 SF
    Lot size:
    19,602.00 Acres
    Days on Market:
    209
    Last Refresh:
    Dec 14 at 6:06 am

    Property Features for 10622 Tibbs Cir

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
    Bedrooms
    18
    Bathrooms
    12
    APN
    08961318
    Parking
    16
    Parking features
    Assigned, Garage
    Interior features
    Quartz Counters, Parking
    Exterior features
    Community Features Included: Urban, Sprinkler System, Sprinklers In Front
    Appliances
    Range, Range - Gas
    Size
    4 SF
    Lot size
    19,602.00 Acres

    Utilities

    Heating system
    Ductless (Heating)
    Cooling system
    Ductless

    Building Details

    Year built
    1960
    Floors in Building
    2
    Number of units
    17
    Flooring type
    Laminate, Tile, Vinyl
    Roof type
    Rolled/Hot Mop
    Architectural style
    Other

    Advance Estate Realty (714) 894-4306 [email protected]

    Listing agent Long Nguyen (714) 894-4306 License #01391629

    Listing date May 20, 2025

    MLS# OC25112645 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Garden Grove Apartment Investment

    Located in Garden Grove, CA, the property at 10622 Tibbs Circle features a 17-unit apartment complex situated in a quiet cul-de-sac. The property consists of 16 units plus 1 additional unit. The complex has been under long-term ownership and has received an average of over $30,000 annually in capital improvements over the past 5+ years. Noteworthy upgrades include a full copper repipe of the entire building and a complete roof replacement completed in 2012. The apartment complex offers a mix of one-bedroom and two-bedroom units, many of which have been updated. On-site parking is available, along with shared laundry facilities, and a spacious central courtyard. The property is near Little Saigon, schools, shopping centers, and major freeways including the 22, 5, and 405. The 0.45-acre lot contains a building with 4 square feet of living area. The property is an ideal fit for investors seeking a stabilized asset with upside in one of Orange County’s rental markets.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Garden Grove
    County
    Orange
    State
    California
    Longitude
    -117.947911
    Latitude
    33.80187

    Nearby Similar for Sale

    • $1,995,000
      4,000 SF

      Garden Grove Retail Investment Opportunity

      Fully occupied retail property on high-traffic Brookhurst Street.
      12092 Brookhurst St, Garden Grove, CA 92840
      View Details
    • New
      $4,000,000
      10,000 SF

      Versatile Industrial Space in Garden Grove

      10,000 sq ft warehouse/office space on 34,101 sq ft lot.
      13101 Brookhurst St, Garden Grove, CA 92843
      View Details
    • $1,700,000
      3,169 SF

      Garden Grove Multi-Family Property

      Multi-family property with long-term tenants in Garden Grove, CA.
      13141 Monroe St, Garden Grove, CA 92844
      View Details
    • $1,800,000
      Pending

      Spacious Garden Grove Fourplex

      Four-unit property in Garden Grove with income potential.
      13022 Casa Linda Ln, Garden Grove, CA 92844
      View Details
    • $70,000

      Garden Grove Beauty Salon Opportunity

      Established beauty salon with prime location in Garden Grove.
      10212 Westminster Ave, Garden Grove, CA 92843
      View Details
    • $999,000
      2,500 SF

      Garden Grove Commercial Building For Sale

      Well-maintained commercial building with four units in Garden Grove, CA.
      10622 Katella Ave, Garden Grove, CA 92840
      View Details

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 17-unit apartment complex in a prime location.
    Where is this apartment building located?
    The property is located at 10622 Tibbs Cir Garden Grove, CA.
    What is the asking price?
    The asking price for this property is $5,250,000.
    What are key features of this property?
    This property features: - Turnkey 17-unit apartment complex in a prime Garden Grove location.; - Significant capital improvements made, including full copper repipe and roof replacement (2012).; - Value-add opportunity through rent increases due to below-market rents.
    (714) 894-4306
    Request Owner's contact information
    10622 Tibbs Cir Garden Grove, CA 92840
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10622 Tibbs Cir
    Garden Grove, CA 92840
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10622 Tibbs Cir Garden Grove, CA 92840
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.