150 Whittier Blvd La Habra, CA 90631
- Turn key restaurants
- 1,500 SF
- 0.28 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 150 Whittier Blvd
- Year built
- 1964
- Lot size
- 0.28 lot acres
- Property size
- 1,500 SF
- Property type
- Turn key restaurants
- APN
- 022-014-08
- APU
- 2201408
Description
This 1,500 square foot restaurant space, located at 150 W Whittier, is available for lease. Currently configured as a single-tenant restaurant, the property presents a unique opportunity for a restaurateur with a vision. The existing structure requires renovation, offering a blank canvas for a complete redesign tailored to a specific culinary concept. The substantial square footage allows for ample seating, a fully equipped kitchen, and potentially additional features such as a bar area or outdoor seating (subject to permitting). The address, 150 W Whittier, offers excellent visibility and accessibility, depending on the surrounding area's foot traffic and parking availability. This is an ideal location for an ambitious entrepreneur seeking to establish a new restaurant or relocate an existing one. The property's current condition necessitates a renovation budget, but the potential return on investment is significant given the size and location. Serious inquiries are encouraged to schedule a viewing and assess the property's full potential. Further details regarding lease terms and conditions are available upon request. The property is being offered as a single-tenant space, providing exclusive control and operational flexibility for the lessee. This presents a chance to create a truly unique and successful dining establishment. The existing layout and equipment are not specified, requiring a thorough assessment during a site visit. Prospective tenants should factor in renovation costs and timelines into their business plan.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,085,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $865,000
- 6.5%
- $760,000
- 7%
- $895,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $935,000
- Geo Method
- $805,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $970,000
- Retail
- $930,000
- Mixed-Use
- $915,000
- Hospitality
- $720,000
- Educational
- $925,000
- Residential Income
- $835,000
- Energy
- $745,000
- Income-Based Land
- $855,000
- Food Service
- $870,000
Location Insight
- Map
- Local Demand
- City
- La Habra
- County
- Orange
- State
- California
- Longitude
- -117.947
- Latitude
- 33.9388
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
