Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,930,000
Flex space
12322 Monarch St Garden Grove, CA 92841-2909
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0617671
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1980
Total area
16,920 SF
Lot
0.92 ac (39,920 SF)
APN
131-661-07
UPID
US09-0617671
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
-
Dogtra (Bike/Boat/Book/etc) Store Pet Store & Service
-
National PRONTO Association Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.31M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.93M
Owner & transaction history
Monarch Street Co LLC · 5 yrs held
Monarch Street Co LLC
since 2020
Last sale
$4.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.0M
+55.4%
Neighborhood: shopping center
$7.9M
+54.5%
Office building
$7.3M
+41.3%
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%
$3,580,000
6.5%
$3,305,000
7%
$3,065,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,140,000
Current use
COMMERCIAL (GENERAL)
$7,985,000
Change: +55% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,935,000
Change: +54% · Conversion: Difficult
OFFICE BUILDING
$7,260,000
Change: +41% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,475,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,320,000
Change: +23% · Conversion: Easy
RETAIL STORES
$5,055,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$4.93M
Range $4.44M – $5.42M · ±10% · vs last sale $4.66M (Oct 15 2020)
Last sale anchor
$4.66M
Oct 15 2020
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
$291 / 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
$62,251
Tax year 2024
Assessed value
$4,945,229
Assessed 2024
Previous assessed
$4,945,229
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$4,165,242
Assessed improvement
$779,987
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1980
Heating
NONE
Stories
1
Total area
16,920 SF
Lot
0.92 ac (39,920 SF)
APN
131-661-07
UPID
US09-0617671
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$5.1M
COMMERCIAL (GENERAL)
Est. value
$8.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.9M
OFFICE BUILDING
Est. value
$7.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.5M
AUTO REPAIR, GARAGE
Est. value
$6.3M
RETAIL STORES
Est. value
$5.1M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Monarch Street Co LLC
Entity
Mailing address
56 VIA PORTO GRANDE, RANCHO PALOS VERDES, CA 90275-4878
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2020
$4,660,000
Monarch Street Co LLC
Bailey Financial Group
Grant Deed
—
Jun 4, 2019
—
Bailey Financial Group LP
—
Deed
related
$2,400,000 · Citizens Business Bank
May 15, 2009
$2,100,000
Bailey Financial Group
Koi West LLC
Grant Deed
—
Aug 24, 2005
—
Koi West LLC
12322 Monarch LLC
Grant Deed
$1,575,000 · Zions First National Bank
Sep 15, 1999
$1,050,000
12322 Monarch LLC
Chung,ye H & Connie E
Grant Deed
$787,500 · Bank Of America
May 17, 1989
$1,270,000
Ye H Chung
Mission Land Co
Grant Deed
$952,350 · Mission Land Co
—
—
Ye H Chung
—
Deed Of Trust
related
$200,000 · California Center Bank
—
—
Bailey Financial Group LP
—
Deed Of Trust
related
$2,400,000 · Citizens Busn Bk
—
—
Ye H Chung
—
Deed Of Trust
related
$50,000 · Nara Bank
—
—
Ye H Chung
—
Deed Of Trust
related
$800,000 · Nara Bank
—
—
Bailey Financial Group
—
Deed Of Trust
related
$4,000,000 · Petruzzi Holdings INC
—
—
Koi West LLC
—
Deed Of Trust
related
$233,300 · Temecula Valley Bank NA
—
—
Koi West LLC
—
Deed Of Trust
related
$972,000 · Cdc Small Business Finance Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12322 Monarch St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
