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Established Chinese Restaurant
For Sale
$395,000

23624 El Toro Rd D, Lake Forest, CA 92630

Operating restaurant with a professional kitchen, included equipment, fixtures, and recipes, plus nine years remaining on the lease.

Property SizeContact for details
Days on Market154

Property Features for 23624 El Toro Rd D

General Information

Standard status Active
Property subtype Commercial/Industrial

Additional Details

Business Included Yes
Equipment Included Yes
Listing Agency: Brighten Real Estate Advisors
Listed By: Solomon Lao · License #00997151
Source: Exitrealty
Added: Mar 31 Changed: Aug 30 Last Checked: Aug 30 at 4:39PM

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 Brighten Real Estate Advisors

Investment Insights

Based on property information with market context.

This operating Chinese restaurant is located at 23624 El Toro Rd D in Lake Forest, California. The business includes a professional kitchen, equipment, fixtures, and recipes, allowing the next operator to continue the existing concept or introduce a different culinary direction. The restaurant specializes in handmade soup dumplings, other dumplings, and traditional Chinese dishes.

The property occupies a corner position at El Toro Road and Rockfield Boulevard within a shopping center. On-site parking is available, with residential and commercial surroundings contributing to the established retail setting. The lease has 9 years remaining, providing a defined operating term for the business.

Key Highlights

  • 9 years remaining on the lease
  • Professional kitchen with equipment and fixtures included
  • Recipes included with the business

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store Storage Facility Law Firm

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,634
Businesses Nearby
652k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 39% Home Improvements & Furnishings 18% Shops & Services 16% Groceries 16%
In-N-Out Burger Dining
61,822 visits/mo 0.5 miles
The Home Depot Home Improvements & Furnishings
55,004 visits/mo 0.3 miles
Raising Cane's Chicken Fingers Dining
54,691 visits/mo 0.4 miles
Ralphs Groceries
45,280 visits/mo 0.0 miles
HomeGoods Home Improvements & Furnishings
40,245 visits/mo 0.1 miles

Demographics for 92630, CA

66,359
Population
24,390
Households
2.7
Avg Household Size
40
Median Age
47%
College-Educated
93%
High-School Grad
10.5 sq mi
ZIP Area
6,320
Density / Sq Mi
$119,984
Median Household Income
$57,277
Median Earnings
$2,614
Median Rent
$858,900
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating restaurant with a professional kitchen, included equipment, fixtures, and recipes, plus nine years remaining on the lease.
Where is this conventional restaurant located?
The property is located at 23624 El Toro Rd D Lake Forest, CA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 9 years remaining on the lease; Professional kitchen with equipment and fixtures included; Recipes included with the business
More about this property
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