Remodeled School
For Sale
$898,000
501 N Harbor, La Habra, CA 90631
A children’s music education center occupies the site, with seven on-site parking spaces, including one ADA-accessible space.
Property Size2,004 SF
Price / SF$448.10
Days on Market11
Property Features for 501 N Harbor
General Information
Standard status
Active
Size
2,004 SF
Total Parking Spaces
7
Property subtype
Office
Additional Details
Condition
Newly Renovated
Road Access
Yes
Currently Operating
Yes
Property Use
Office
Building Details
Building Size
2,004 SF
Year Renovated
2022
Listing Agency:
Reddoor International Realty
(626) 665-5896
Listed By:
Andy Huang · License #01448587
(626) 820-1085
Source:
Arborrealestate
Added: Oct 18
Changed: Oct 26
Last Checked: Oct 26 at 2:28PM
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 Reddoor International Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This school property at 501 N Harbor in La Habra is currently used as a children’s music education center. A 2022 remodel adapted the interior for that operation, and the existing layout may suit other commercial uses, subject to city approval and zoning requirements.
On-site parking accommodates seven vehicles, including one designated ADA-accessible space. The property is located on Harbor Boulevard.
On-site parking accommodates seven vehicles, including one designated ADA-accessible space. The property is located on Harbor Boulevard.
Key Highlights
- Remodeled in 2022 for its current operation
- Seven on‑site parking spaces, including one ADA‑accessible space
- Currently operating as a children’s music education center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,408
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$788,160
$788.2K
Cap Rate 7%
$562,971
$563.0K
Cap Rate 9%
$437,867
$437.9K
Market Conditions
NOI Build-Up for 2,004 SF
Gross rent
$59.9K $29.88/SF
− Vacancy
−$7.3K −$3.66/SF
EGI
$52.5K $26.22/SF
− OpEx
−$13.1K −$6.55/SF
NOI
$39.4K $19.66/SF
Area
Orange County, CA
Vacancy
12.25%
Lease Rate
$29.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$788,160
Cap Rate 7%
$562,971
Cap Rate 9%
$437,867
Alternative Uses
Best Use
Office B
$563.0K
$492.6K – $656.8K
NOI $39,408 @ 7.0% cap · market cap 4.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$673.1K
$589.0K – $785.3K
NOI $47,117 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,018
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
School - A children’s music education center occupies the site, with seven on-site parking spaces, including one ADA-accessible space.
Where is this school located?
The property is located at 501 N Harbor La Habra, CA.
What is the asking price?
The asking price for this property is $898,000.
What are key features of this property?
This property features: Remodeled in 2022 for its current operation; Seven on‑site parking spaces, including one ADA‑accessible space; Currently operating as a children’s music education center
