9938 Bolsa AveWestminster, CA 92683

  • Showrooms
  • 0.53 AC
For Sale
$88,888 View listing

Property Details for 9938 Bolsa Ave

Lot size
0.53 AC
Property type
Showrooms
APN
143-031-32
APU
14303132

Description

This thriving electronics retail store, situated at 9938 Bolsa Ave Unit 112, Westminster, CA, presents a unique investment opportunity. Established in 2005, this business boasts a strong reputation and loyal customer base within a bustling plaza at the high-traffic intersection of Brookhurst and Bolsa Avenues. The store specializes in professional stereo equipment, karaoke systems, and a selection of small kitchen and home appliances. The sale includes all existing inventory, display fixtures, demonstration models, branding (logo and signage), representing a complete turnkey operation. The current monthly rent is approximately $7,000, under a month-to-month lease agreement. The owner's retirement motivates this sale, offering a rare chance to acquire an established business with significant potential. The asking price of $88,888 encompasses all aspects of the business as described. Note that a sister company, located in Rosemead, CA, is also available for purchase (see separate listing). This is an exceptional opportunity for an entrepreneur seeking an established retail presence in a high-demand area. The business benefits from a long-standing presence in the community and a proven track record of success.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,220,440
    6.5%
    $7,588,099
    7%
    $7,046,092
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,165,969
    Geo Method
    $11,165,969
  • Alternative Use

    Use
    Valuation
    Residential
    $6,400,846
    Hospitality
    $5,863,140
    Educational
    $4,878,064
    Medical
    $5,045,828
    Retail
    $7,588,099

Location Insight

City
Westminster
County
Orange
State
California
Latitude
33.7446
Longitude
-117.956
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
$48,979
$1,022,756
$2,468,579
$3,491,335
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