Property summary
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
VerifiedCap rate & NOI
Current use
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Business Service Center Corporate Office
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Car Dealership
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Consultant
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Shopping Center & Mall
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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