Building Details

Year Built 1949

Listing Agency: Roberson Realty, Inc. Show Phone

Listed By: Lynette A Liberda-Wright · License #01906258 Show Phone

Source: Exitrealty

Added: Jul 22, 2025 Changed: Sep 30 Last Checked: Sep 30 at 10:00AM

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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 Roberson Realty, Inc.

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Investment Insights

Based on property information with market context.

This existing restaurant property in Pearblossom is currently functioning as a dining establishment and has also been used for restaurant operations in the past. The building dates to 1949 and includes evaporative cooling, shingle roofing, and no listed interior or exterior amenities beyond those features.

The property is situated at 12822 Pearblossom Hwy. in Pearblossom, California. The parcel is described as level and rectangular, with C-RU zoning. Its established restaurant use provides a foundation for continued food-service operations, while the existing improvements may also accommodate another business concept.

Key Highlights

• Currently functioning as a restaurant
• 1949 construction year
• C‑RU zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$21,974

Cap Rate

6.02%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$439,480 $439.5K

Cap Rate 7%

$313,914 $313.9K

Cap Rate 9%

$244,156 $244.2K

Is this asking price fair?

Market Conditions

NOI Build-Up for 927 SF

Gross rent

$31.4K $33.84/SF

− Vacancy

−$2.1K −$2.23/SF

EGI

$29.3K $31.61/SF

− OpEx

−$7.3K −$7.90/SF

NOI

$22.0K $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 Rate 5%

$439,480

Cap Rate 7%

$313,914

Cap Rate 9%

$244,156

Alternative Uses

Best Use

Specialty Retail

$313.9K

$274.7K – $366.2K (±1% cap)

NOI $21,974 @ 7.0% cap · market cap 6.02%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$496.3K

$434.3K – $579.0K (±1% cap)

NOI $34,742 @ 7.0% cap · market cap 9.52%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

GourmeTacos Restaurant

Suggested Use

Top Pick Building Supply Electrical Service Auto Parts Store Grocery & Convenience Store Bakery Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

79

Businesses Nearby

30k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Fastrip Shops & Services

12,933 visits/mo 0.1 miles

Chevron Shops & Services

7,255 visits/mo 0.2 miles

Shell Shops & Services

6,250 visits/mo 0.2 miles

Dollar General Shops & Services

4,036 visits/mo 0.4 miles

Demographics for 93553, CA

1,921

Population

729

Households

2.6

Avg Household Size

46

Median Age

25%

College-Educated

91%

High-School Grad

57.2 sq mi

ZIP Area

34

Density / Sq Mi

$73,029

Median Household Income

$51,528

Median Earnings

$368,600

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Existing restaurant improvements support continued dining use or conversion to another business venture.

Where is this conventional restaurant located?

The property is located at 12822 Pearblossom Highway Pearblossom, CA.

What is the asking price?

The asking price for this property is $365,000.

What are key features of this property?

This property features: Currently functioning as a restaurant; 1949 construction year; C‑RU zoning