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Property profile

958 Diamond Bar Blvd Diamond Bar, CA 91765

OFF-MARKET
Commercial real estate
View Sample
1,550 SF

Property summary

AI-generated overview

This thriving 1,550 square foot Asian fusion hot pot restaurant, located at 958 N Diamond Bar Blvd, Diamond Bar, CA 91765, presents a unique investment opportunity. Opened in mid-July 2023, this business combines the best of Chinese hot pot and Japanese shabu-shabu, serving high-quality food and beverages in a convenient community shopping center location near a busy bowling alley. Sales are currently increasing, and significant revenue growth potential exists by extending operating hours to seven days a week (currently closed Mondays). The property boasts recently installed, top-of-the-line equipment, including a new 14-foot hood with exhaust fan, a new grease trap, a new make-up cooler, a walk-in refrigerator, a new AC unit, and a new water heater. This turnkey operation is priced at $108,000, representing a price per square foot of $69.68. The property is situated in Los Angeles County and offers a compelling opportunity for a savvy investor seeking a profitable and established restaurant business with significant upside. The 2023 renovation ensures the space is modern and efficient.

Property profile

Verified
Property type Commercial real estate
Total area 1,550 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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