1530 Whittier BlvdLa Habra, CA 90631

Property Details for 1530 Whittier Blvd

Year built

1976

Lot size

0.72 AC

Property size (Sq ft)

11,848 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

018-031-28

APU

1803128

Description

This exceptional 12,000 square foot retail and mixed-use property, situated on a 31,491 square foot lot in La Habra, California (90631), presents a compelling investment opportunity. Located at 1530 W Whittier Blvd, this free-standing, two-tenant building boasts a desirable 5.00% cap rate and an asking price of $4,175,000. One tenant, a long-established insurance agency operating since 1940, occupies Suite A, providing stable income. Bank of California's vacancy in May 2023 presents a perfect owner-user opportunity or the potential to secure a new high-quality tenant. The property is well-maintained and easy to manage, featuring abundant street frontage on a high-traffic location. Its strategic position benefits from proximity to numerous national and regional tenants, including Northgate Market, CVS Drugs, Chase Bank, AutoZone, Starbucks, In-N-Out Burger, Albertsons, Rite Aid, Big 5 Sporting Goods, Sherwin-Williams, and others. The property includes 24 parking spaces and a large, free-standing pylon sign for excellent visibility. This is a rare chance to acquire a well-positioned retail asset with significant upside potential in a thriving Orange County market.

• CAP approach

  CAP return

  Valuation

  6%

  $3,777,190

  6.5%

  $3,486,637

  7%

  $3,237,592

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,590,407

  Geo Method

  $5,797,923

• Alternative Use

  Use

  Valuation

  Residential

  $2,941,109

  Hospitality

  $2,694,040

  Educational

  $2,241,410

  Medical

  $2,318,495

  Retail

  $3,486,637

Location Insight

City

La Habra

County

Orange

State

California

Latitude

33.9391

Longitude

-117.963

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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