La Habra Retail Investment
1001 E La Habra Blvd, La Habra, CA 90631
For Sale
$1,250,000
Retail property with updated building and high visibility in La Habra.
Property Size3,500 SF
Lot Size0.14 Acres
Price / SF$357.14
Days on Market853
Property Features for 1001 E La Habra Blvd
General Information
Standard status
Size
Lot size
Taxes and HOA fees
Annual Taxes
Listing Agency:
RE/MAX Galaxy
(909) 860-8668
Listed By:
Cynthia Ruiz · License CA #01752105
(909) 973-9677
Source:
Exprealty
Added: Jul 15, 2024
Changed: Aug 8
Last Checked: Aug 8 at 6:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Galaxy
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Investment Insights
Based on property information with market context.
Located on a busy street in La Habra, this retail property offers over 3,500 square feet of space divided into five units of varying sizes. Four units are currently leased, with one 580-square-foot unit available for lease or owner use. The building has been updated with a newer roof and a new HVAC system. Three of the units have been completely remodeled. One electrical meter has been upgraded to three separate meters with a new panel. The property includes a five-space parking lot, which has also been updated. This property presents an opportunity for both new and seasoned investors to own a piece of La Habra's retail market.
Key Highlights
- High‑visibility location in La Habra's busy retail area.
- Four of five units are currently leased, providing immediate income.
- One 580‑square‑foot unit is available for lease or owner occupancy.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,521
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,590,420
$1.6M
Cap Rate 7%
$1,136,014
$1.1M
Cap Rate 9%
$883,567
$883.6K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$117.6K $33.60/SF
− Vacancy
−$4.0K −$1.14/SF
EGI
$113.6K $32.46/SF
− OpEx
−$34.1K −$9.74/SF
NOI
$79.5K $22.72/SF
Area
Orange County, CA
Vacancy
3.40%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,590,420
Cap Rate 7%
$1,136,014
Cap Rate 9%
$883,567
Alternative Uses
Best Use
Retail
$1.14M
$994.0K – $1.33M
NOI $79,521 @ 7.0% cap · market cap 6.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,291 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,559
Businesses Nearby
115k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 64%
Shops & Services 28%
Home Improvements & Furnishings 8%
McDonald's
Dining
24,040 visits/mo
0.5 miles
Starbucks
Dining
20,540 visits/mo
0.2 miles
Bank of America
Shops & Services
15,888 visits/mo
0.5 miles
Harbor Freight Tools
Home Improvements & Furnishings
9,733 visits/mo
0.2 miles
Wingstop
Dining
7,478 visits/mo
0.2 miles
Demographics for 90631, CA
69,533
Population
23,390
Households
3
Avg Household Size
38
Median Age
32%
College-Educated
86%
High-School Grad
14.0 sq mi
ZIP Area
4,967
Density / Sq Mi
$102,208
Median Household Income
$46,334
Median Earnings
$2,029
Median Rent
$757,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Strip mall - Retail property with updated building and high visibility in La Habra.
Where is this strip mall located?
The property is located at 1001 E La Habra Blvd La Habra, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: High‑visibility location in La Habra's busy retail area.; Four of five units are currently leased, providing immediate income.; One 580‑square‑foot unit is available for lease or owner occupancy.
