10742 Beach BlvdStanton, CA 90680

Property Details for 10742 Beach Blvd

Year built

1956

Lot size

0.27 AC

Property size (Sq ft)

1,680 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

126-563-07

APU

12656307

Description

This exceptional 2,000 sq ft commercial property, situated on a 0.27-acre lot at 10742 Beach Boulevard in Stanton, CA, presents a unique investment opportunity. Located in a rapidly revitalizing area, this site is poised to benefit significantly from the City of Stanton's ambitious redevelopment plan. This plan encompasses 157 acres of mixed-use development, transforming the area west of Beach Boulevard, south of Cerritos Avenue, west of Dal Street, and north of Katella Avenue into a vibrant hub for retail and residential spaces. The project includes the creation of new apartments within walking distance, enhancing the neighborhood's appeal for shopping, dining, and entertainment. The City's focus on the Town Center Industrial District, blending existing industrial businesses with new artisanal ventures, further adds to the area's dynamic potential. This property offers the chance to create a dynamic space integrating residential housing with storefront businesses, capitalizing on the high demand in this rapidly evolving location. The property's 2,000 square feet provides ample space for various commercial ventures, while its 0.27-acre lot allows for significant development potential. This is an exceptional opportunity to be part of Stanton's exciting transformation and create a thriving business or residential community. The asking price is $1,500,000.

• CAP approach

  CAP return

  Valuation

  6%

  $533,605

  6.5%

  $492,558

  7%

  $457,375

• Comparable approach

  Method

  Valuation

  Relative Method

  $822,123

  Geo Method

  $822,123

• Alternative Use

  Use

  Valuation

  Residential

  $415,491

  Hospitality

  $380,588

  Educational

  $316,645

  Medical

  $327,534

  Retail

  $492,558

Location Insight

City

Stanton

County

Orange

State

California

Latitude

33.8062

Longitude

-117.993

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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