150 Whittier BlvdLa Habra, CA 90631

Property Details for 150 Whittier Blvd

Year built

1964

Lot size

0.28 AC

Property size (Sq ft)

1,500 SF

Property type

Turn key restaurants

APN

022-014-08

APU

2201408

Description

This 1,500 square foot restaurant space, located at 150 W Whittier, is available for lease. Currently configured as a single-tenant restaurant, the property presents a unique opportunity for a restaurateur with a vision. The existing structure requires renovation, offering a blank canvas for a complete redesign tailored to a specific culinary concept. The substantial square footage allows for ample seating, a fully equipped kitchen, and potentially additional features such as a bar area or outdoor seating (subject to permitting). The address, 150 W Whittier, offers excellent visibility and accessibility, depending on the surrounding area's foot traffic and parking availability. This is an ideal location for an ambitious entrepreneur seeking to establish a new restaurant or relocate an existing one. The property's current condition necessitates a renovation budget, but the potential return on investment is significant given the size and location. Serious inquiries are encouraged to schedule a viewing and assess the property's full potential. Further details regarding lease terms and conditions are available upon request. The property is being offered as a single-tenant space, providing exclusive control and operational flexibility for the lessee. This presents a chance to create a truly unique and successful dining establishment. The existing layout and equipment are not specified, requiring a thorough assessment during a site visit. Prospective tenants should factor in renovation costs and timelines into their business plan.

• CAP approach

  CAP return

  Valuation

  6%

  $478,206

  6.5%

  $441,421

  7%

  $409,891

• Comparable approach

  Method

  Valuation

  Relative Method

  $707,766

  Geo Method

  $734,038

• Alternative Use

  Use

  Valuation

  Residential

  $372,355

  Hospitality

  $341,075

  Educational

  $283,771

  Medical

  $293,530

  Retail

  $441,421

Location Insight

City

La Habra

County

Orange

State

California

Latitude

33.9388

Longitude

-117.947

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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