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Property profile & analytics
OFF-MARKET
Estimated value
$1,485,000
Showrooms
12071 Gdn Grv Blvd Garden Grove, CA 92843-1602
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2590979
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1953
Total area
8,509 SF
Lot
0.74 ac (32,020 SF)
APN
231-392-26
UPID
US09-2590979
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Congo Audio Car Audio Electronics & Wireless Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.81M
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.49M
Owner & transaction history
Asc Properties INC · 8 yrs held
Asc Properties INC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Garden Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garden Grove submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,955,000
6.5%
$1,805,000
7%
$1,675,000
Blend value · Realmo final
$1.49M
Range $1.34M – $1.63M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$175 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$26,891
Tax year 2024
Assessed value
$2,010,149
Assessed 2024
Previous assessed
$2,010,149
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$1,774,495
Assessed improvement
$235,654
Applied tax rate
18.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1953
Heating
NONE
Stories
2
Units
2
Total area
8,509 SF
Lot
0.74 ac (32,020 SF)
APN
231-392-26
UPID
US09-2590979
Jurisdiction
ORANGE
Metro division
SANTA ANA-ANAHEIM-IRVINE, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1953
Heating
NONE
Stories
2
Units
2
Lot
0.74 ac
Current owner
From public records · entity-resolved
Asc Properties INC
Entity
Mailing address
16035 ROBIN WAY, CITY OF INDUSTRY, CA 91745-1626
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2019
—
Asc Properties INC
—
Deed
related
$2,850,000 · United Pacific Bk
Apr 26, 2018
—
Asc Properties INC
Chiao,andrew
Quit Claim Deed
—
Nov 28, 2017
—
Andrew Chiao
—
Deed
related
$350,000 · Global Inv Group INC
Nov 8, 2017
—
Andrew Chiao
—
Deed
related
$915,000 · Royal Business Bank
Aug 29, 2016
—
Andrew Chiao
—
Deed
related
$350,000 · Global Investment Group INC
Aug 10, 2016
—
Andrew Chiao
—
Trustees Deed
related
$1,800,000 · Kingold Fortune INC
Apr 1, 2015
$3,750,000
Andrew Chiao
Sweet Homes Dev LLC
Grant Deed
$1,800,000 · Tomatobank NA
Jan 16, 2007
—
Sweet Homes Dev LLC
Lam,brian V
Grant Deed
—
Mar 16, 2005
$2,300,000
Brian V Lam
East-west Pacific Investments
Grant Deed
$1,400,000 · Bank Of East Asia
Sep 15, 2004
—
East-west Pacific Investments
Highpointe Investments INC
Quit Claim Deed
related
—
Aug 16, 2004
—
East-west Pacific Investments
East-west Pacific Investments
Quit Claim Deed
related
—
Apr 2, 2004
—
East-west Pacific Investments
Vo,minh A
Grant Deed
related
—
Sep 3, 2003
$1,535,000
Minh A Vo
Skogman,john A Tr
Grant Deed
—
Sep 3, 2003
—
Minh A Vo
Vo,thien A
Quit Claim Deed
related
—
—
—
Andrew Chiao
—
Deed Of Trust
related
$150,000 · Global Investment Group INC Global Investment Group INC
—
—
Asc Properties INC
—
Deed Of Trust
related
$2,850,000 · United Pacific Bk
—
—
Andrew Chiao
—
Deed Of Trust
related
$200,000 · Global Investment Group INC Global Investment Group INC
—
—
Sweet Homes Dev LLC
—
Deed Of Trust
related
$1,000,000 · Preferred Bank
—
—
Andrew Chiao
—
Deed Of Trust
related
$350,000 · Global Investment Group INC
—
—
Andrew Chiao
—
Deed Of Trust
related
$350,000 · Global Inv Group INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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