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    150 Whittier Blvd La Habra, CA 90631
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    Property profile & analytics

    150 Whittier Blvd, La Habra, CA 90631

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    • Turn key restaurants
    • 1,500 SF
    • 0.28 lot acres
    For Lease
    $185,000 SF/Yr
    View Listing →
    Prime Corner Lot on Whittier Boulevard For Lease
    $185,000 SF/Yr
    1,500 SF

    Prime Corner Lot on Whittier Boulevard

    Redevelopment opportunity with high visibility and traffic flow.

    150 West Whittier Boulevard, La Habra, CA 90631
    View Listing
    Property ID
    US09-2935209
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,020,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 150 Whittier Blvd

    Year built
    1964
    Lot size
    0.28 lot acres
    Property type
    Turn key restaurants
    APN
    022-014-08
    APU
    2201408

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 6, 2020 $858,000 Peter A Christopoulos Mar Tom & Kuo F Trust Grant Deed $608k · Mar Suey T & Kuo F Trust (rt)
    Nov 16, 2015 — Susan M Peecher Mar,kuo Affidavit Of Death · related —
    Jan 7, 2011 — Mar Suey T & Kuo F Trust Mar Suey T & Kuo F Trust Quit Claim Deed · related —
    Dec 26, 1996 — Suey Mar Mar, Quit Claim Deed · related —

    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 Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,085,000
      ML approach
      $1,050,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,249,000
      Market price range: $464k - $1.61M

    Get a detailed, property-specific estimation — fast and free

    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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $8,238
    $521,111
    $81,256
    $602,367
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      $530,000
      8,733 SF

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    • Value Estimation by Request
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      580 Bch Blvd

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    • Value Estimation by Request
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      430 Whittier Blvd

      RESTAURANT
      430 Whittier Blvd, La Habra, CA 90631-3736
      View Details
    • Value Estimation
      $1,005,000
      1,720 SF

      421 La Habra Blvd

      RESTAURANT
      421 La Habra Blvd, La Habra, CA 90631-5524
      View Details
    • Value Estimation by Request
      1,952 SF

      531 Imperial Hwy

      RESTAURANT
      531 Imperial Hwy, La Habra, CA 90631-7265
      View Details

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    Similar Nearby for Lease

    • $185,000

      Prime Corner Lot on Whittier Boulevard

      Redevelopment opportunity with high visibility and traffic flow.
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      View Details
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    La Habra, CA 90631
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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