12235 Beach BlvdGarden Grove, CA 92841

  • Office properties
  • 37,185 SF
For Sale
$6,500,000 View listing

Property Details for 12235 Beach Blvd

Year built
1981
Property size (Sq ft)
37,185 SF
Property type
Office properties
Property subtype
Other office properties

Description

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.

12235 Beach Blvd, Garden Grove, California

Location Insight

City
Garden Grove
County
Orange
State
California
Latitude
33.7845
Longitude
-117.993

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