13072 Century Blvd Garden Grove, CA 92843-1210
Property profile & analytics
13072 Century Blvd Garden Grove, CA 92843-1210
- Auto shops
- 5,893 SF
- 0.42 lot acres
Property ID
US09-1797137
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- NEW CENTURY SMOG CHECK STATION / Sustainability Organization
Property Details for 13072 Century Blvd
- Year built
- 1955
- Lot size
- 0.42 lot acres
- Property size
- 5,893 SF
- Property type
- Auto shops
- APN
- 099-091-36
- APU
- 9909136
Description
This exceptional Garden Grove investment opportunity presents a 6,325 square foot multi-tenant auto center situated on a spacious 18,235 square foot lot (APN: 099-091-36). The property boasts a strong current NOI of $106,510, yielding a 5.68% cap rate, with significant upside potential. A pro-forma cap rate of 8.61% and pro-forma NOI of $161,465 reflects the value-add potential from current rents being 25-50% below market. All tenants are on month-to-month or short-term gross leases, providing immediate access to increased income. The property features a 100% occupancy rate with multiple tenants exhibiting 15+ years of occupancy. Extensive renovations were completed between 2020 and 2022, including a new roof, roll-up bay doors, exterior paint, asphalt and ADA parking lines, and a new chain link and rolling front gate. Built in 1955, this fee-simple property is ideally located in the heart of Garden Grove, near the Civic Center, Home Depot, Costco, Coastline College, and Cal State Fullerton, benefiting from a dense population and strong average household income exceeding $101,560 within a 5-mile radius. The asking price is $1,875,000 ($296.44/SF). This is a rare opportunity to acquire a well-maintained, high-demand property with substantial upside potential in a prime Garden Grove location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,700,000
- ML approach
- $1,700,000
-
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $2,200,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $2,765,000 Change: +26% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $2,640,000 Change: +20% Conversion: Moderate
- OFFICE BUILDING
- $2,530,000 Change: +15% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $2,025,000 Change: -8% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Garden Grove
- County
- Orange
- State
- California
- Longitude
- -117.943
- Latitude
- 33.7733
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$25,628
$1,938,000
$153,000
$2,091,000
-
$0.00
$0.00
$0.00
