Restaurant Bar and Lounge with
For Sale
$3,499,999
11464 Whittier Boulevard, Whittier, CA 90601
Restaurant, lounge, and bar for sale with included liquor, dance, and entertainment licenses and a license to charge at the door.
Property Size7,000 SF
Price / SF$499
Days on Market813
Property Features for 11464 Whittier Boulevard
General Information
Standard status
Active
Size
7,000 SF
Property subtype
Commercial Sale / Mixed Use
Additional Details
Business Included
Yes
Liquor License
Yes
Building Details
Year Built
1934
Listing Agency:
Century 21 Allstars
(562) 225-4802
Listed By:
Paola Melendez · License #01779654
(562) 225-4802
Source:
Compass
Added: Jun 7, 2024
Changed: Aug 23
Last Checked: Aug 26 at 1:38PM
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 Century 21 Allstars
Investment Insights
Based on property information with market context.
This property is a one-of-a-kind restaurant, lounge, and bar offering for sale. The sale includes liquor, food, entertainment, and dance licenses, along with a license allowing you to charge at the door. License details referenced include Liquor License #47, an annual dance license, an entertainment (general) license with dance, and a management license.
The listing also notes an alternative use for the facility. Please contact the listing broker for additional information on the included licenses and the alternative use.
The seller is motivated and encourages offers.
The listing also notes an alternative use for the facility. Please contact the listing broker for additional information on the included licenses and the alternative use.
The seller is motivated and encourages offers.
Key Highlights
- Restaurant, lounge, and bar for sale with liquor, dance, and entertainment licenses included
- Includes Liquor License #47 and an annual dance license
- Entertainment‑General w/ Dance license included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$165,934
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,318,680
$3.3M
Cap Rate 7%
$2,370,486
$2.4M
Cap Rate 9%
$1,843,711
$1.8M
Market Conditions
NOI Build-Up for 7,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$236.9K $33.84/SF
− Vacancy
−$15.6K −$2.23/SF
EGI
$221.2K $31.61/SF
− OpEx
−$55.3K −$7.90/SF
NOI
$165.9K $23.70/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,318,680
Cap Rate 7%
$2,370,486
Cap Rate 9%
$1,843,711
Alternative Uses
Best Use
Specialty Retail
$2.37M
$2.07M – $2.77M
NOI $165,934 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.75M
$3.28M – $4.37M
NOI $262,344 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
738
Businesses Nearby
331k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Groceries 30%
Shops & Services 11%
Hotels & Casinos 1%
Stater Bros. Markets
Groceries
52,102 visits/mo
0.4 miles
Ralphs
Groceries
48,082 visits/mo
0.4 miles
Raising Cane's Chicken Fingers
Dining
47,565 visits/mo
0.5 miles
In-N-Out Burger
Dining
44,588 visits/mo
0.4 miles
McDonald's
Dining
40,507 visits/mo
0.4 miles
Demographics for 90601, CA
32,625
Population
11,161
Households
2.9
Avg Household Size
40
Median Age
31%
College-Educated
88%
High-School Grad
10.6 sq mi
ZIP Area
3,078
Density / Sq Mi
$102,267
Median Household Income
$53,031
Median Earnings
$1,862
Median Rent
$729,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- WHITTIER BANQUET HALL / SALON DE FIESTAS / CATERING — 10550 Whittier Blvd, Whittier, CA 90606
Frequently Asked Questions
What type of property is this?
Bar & Pub - Restaurant, lounge, and bar for sale with included liquor, dance, and entertainment licenses and a license to charge at the door.
Where is this bar & pub located?
The property is located at 11464 Whittier Boulevard Whittier, CA.
What is the asking price?
The asking price for this property is $3,499,999.
What are key features of this property?
This property features: Restaurant, lounge, and bar for sale with liquor, dance, and entertainment licenses included; Includes Liquor License #47 and an annual dance license; Entertainment‑General w/ Dance license included
