Turnkey Restaurant Property in
16503 Whittier Blvd, Whittier, CA 90603
For Sale
Contact for pricing
Fully equipped restaurant with high visibility and ample parking.
Property Size4,316 SF
Lot Size0.40 Acres
Price / SF$590.59
Days on Market600
Property Features for 16503 Whittier Blvd
General Information
Standard status
Size
Lot size
Property subtype
Investment Type
Building Details
Year Built
Year Renovated
Stories
Units
Tenancy
Listing Agency:
Hopkins Investment Group
Listed By:
Corey Hopkins · License CA #02027530
Source:
Crexi
Added: Mar 25, 2025
Changed: Nov 2
Last Checked: Nov 12 at 7:44AM
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 Hopkins Investment Group
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Investment Insights
Based on property information with market context.
This is a fully equipped, turnkey restaurant property in Whittier, California. The freestanding building has 4,316 square feet and sits on a 0.40-acre parcel. It is located along Whittier Boulevard, which has a traffic volume of approximately 29,000 vehicles per day, and offers 27 dedicated parking spaces. The property has been fully rebuilt to be ADA-compliant and designed for high-volume service and private events. The layout includes a banquet room for up to 50 guests and a main dining area seating up to 100, allowing total capacity for approximately 150 guests, making it suitable for large parties, group dining, or event-driven concepts. The turnkey kitchen buildout is equipped with premium commercial-grade appliances, including a Bakers Pride pizza oven, Imperial stoves (4-, 6-, and 2-burner configurations), Volcan fryer, flat iron grill, Anets pasta cooker, walk-in cooler/freezer, Hoshizaki ice machine, Hobart mixer, CMA Mizer dishwasher, and True and Beverage-Air refrigeration units. Additional features include a freestanding pylon sign, ample prep and storage areas in the rear, a private office, and an upgraded security system. A Type 47 Liquor License is available for full alcohol service. The restaurant is surrounded by residential communities, including Friendly Hills, Mar Vista Heights, Hadley Hills, Spy Glass Hill, Michigan Park, and Uptown Whittier. It is available for immediate occupancy and is intended for use as a restaurant.
Key Highlights
- Turnkey Restaurant: Fully equipped with premium commercial‑grade appliances, ready for immediate operation.
- High‑Traffic Location: Situated on Whittier Boulevard (±29,000 VPD) with excellent visibility and accessibility.
- Ample Parking: Features 27 dedicated parking spaces.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,310
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,046,200
$2.0M
Cap Rate 7%
$1,461,571
$1.5M
Cap Rate 9%
$1,136,778
$1.1M
Market Conditions
NOI Build-Up for 4,316 SF
Gross rent
$146.1K $33.84/SF
− Vacancy
−$9.6K −$2.23/SF
EGI
$136.4K $31.61/SF
− OpEx
−$34.1K −$7.90/SF
NOI
$102.3K $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%
$2,046,200
Cap Rate 7%
$1,461,571
Cap Rate 9%
$1,136,778
Alternative Uses
Best Use
Specialty Retail
$1.46M
$1.28M – $1.71M
NOI $102,310 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.31M
$2.02M – $2.70M
NOI $161,754 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,051
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 89%
Shops & Services 10%
Home Improvements & Furnishings 2%
The Original Pancake House
Dining
11,755 visits/mo
0.2 miles
Burger King
Dining
6,890 visits/mo
0.5 miles
LensCrafters
Shops & Services
1,382 visits/mo
0.4 miles
American Tire Depot
Shops & Services
641 visits/mo
0.1 miles
Leslie's Pool Supplies
Home Improvements & Furnishings
324 visits/mo
0.4 miles
Demographics for 90603, CA
21,174
Population
6,659
Households
3.2
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
3.2 sq mi
ZIP Area
6,617
Density / Sq Mi
$121,222
Median Household Income
$54,954
Median Earnings
$2,324
Median Rent
$781,000
Median Home Value
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Market
Average Price Trend$/SF for Conventional restaurants in Los Angeles County, CA
Properties on Market for Conventional restaurants in Los Angeles County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped restaurant with high visibility and ample parking.
Where is this conventional restaurant located?
The property is located at 16503 Whittier Blvd Whittier, CA.
What is the asking price?
The asking price for this property is $2,549,000.
What are key features of this property?
This property features: Turnkey Restaurant: Fully equipped with premium commercial‑grade appliances, ready for immediate operation.; High‑Traffic Location: Situated on Whittier Boulevard (±29,000 VPD) with excellent visibility and accessibility.; Ample Parking: Features 27 dedicated parking spaces.
