1211 La Habra Blvd La Habra, CA 90631-5675

Property Details for 1211 La Habra Blvd

Year built

1965

Lot size

0.60 lot acres

Property size

3,686 SF

Property type

Turn key restaurants

APN

303-011-03

APU

30301103

Description

This exceptional investment opportunity presents a fully occupied, 5,430 square foot retail building situated on a 25,955 square foot lot in the thriving city of La Habra, California. The property, located at 1211 E La Habra Blvd, 90631, consists of five individual units, currently operating as a multi-tenant restaurant and retail strip center. Built in 1989 and renovated in 2007, the building features several new HVAC units, ensuring optimal climate control for tenants. The property boasts a strong Net Operating Income (NOI) of $178,012, resulting in a compelling 5.48% capitalization rate. The asking price is $3,250,000, translating to $598.53 per square foot. Zoned C-2, this property offers flexibility for a variety of retail uses. Ample parking is available with 38 spaces. The property's prime location in La Habra, near the La Habra Marketplace and Westridge Plaza, ensures high visibility and accessibility, benefiting from significant foot traffic and convenient access to major roadways. This well-maintained property offers a reliable income stream and presents a smart addition to any investor's portfolio. The property's 100% occupancy further solidifies its value as a stable and lucrative investment. The location's proximity to a large multi-family housing tract adds to its appeal and potential for long-term growth.