Property profile

12235 Beach Blvd Garden Grove, CA 92841

OFF-MARKET
Office Spaces
37,185 SF Built 1981
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 37,185 square foot, two-story Class C office building situated on approximately 1.41 acres in Garden Grove, California. Located at 12235 Beach Blvd, zip code 92841, this multi-tenant property boasts 50 units and is currently approximately 90% occupied. The building, constructed in 1981, features a C2 zoning designation and offers ample parking at a ratio of 3.5 spaces per 1,000 square feet. All leases are three years or less, with no extension options, providing a flexible investment strategy. The asking price is $6,500,000, translating to $174.80 per square foot. This property benefits from its strategic location, a five-minute drive from the 22 Freeway, and is surrounded by new developments including multi-family, townhome, condo, apartment, and retail projects, indicating significant growth potential in the area. The sale is subject to court approval. This is a stabilized investment opportunity in a rapidly developing area.

Property profile

Verified
Property type Office Spaces
Year built 1981
Total area 37,185 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Business Service Center Corporate Office
  • Car Dealership
  • Consultant
  • Shopping Center & Mall

Location

12235 Beach Blvd Garden Grove, CA 92841
Garden Grove metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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