401 Magnolia Ave Anaheim, CA 92804-2117
Property profile & analytics
401 Magnolia Ave Anaheim, CA 92804-2117
- Community centers
- 4,467 SF
- 0.24 lot acres
Property ID
US10-3270975
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.
Location Intelligence
Current Use by Public Records
- Mayflower Dumpling Express / Restaurant
Property Details for 401 Magnolia Ave
- Lot size
- 0.24 lot acres
- Property size
- 4,467 SF
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 126-041-15
- APU
- 12604115
Description
This thriving Asian fusion restaurant, Mayflower Dumpling Express & Tea Bar, presents a fantastic turnkey business opportunity in the heart of Anaheim. Located on a highly visible freestanding corner lot, this establishment boasts a 4.8-star average rating and a loyal customer base. The restaurant's menu features delicious dumplings, soups, noodles, and teas, appealing to a broad range of diners. The current operational hours are Wednesday through Sunday, 11:00 am to 9:00 pm, a change from previous evening-only hours. Approximately 80% of sales are currently to-go orders, indicating strong potential for further growth and expansion. The sale includes all essential equipment for immediate operation, including a fully equipped kitchen with a hood system, grease trap, and a large commercial refrigerator. This is an asset sale, offering a seamless transition for the new owner. The business is well-established and benefits from a prime location with high car traffic, ensuring continued success. The strong reputation and loyal customer base provide a solid foundation for future growth and profitability. This is an exceptional opportunity for an investor seeking a profitable and established business in a desirable Anaheim location. The property is offered at $99,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,275,000
- ML approach
- $1,255,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,330,000
- 6.5%
- $1,225,000
- 7%
- $1,140,000
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $2,095,000 Current use
- AUTO REPAIR, GARAGE
- $1,995,000 Change: -5% Conversion: Difficult
- OFFICE BUILDING
- $1,915,000 Change: -9% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $1,820,000 Change: -13% Conversion: Easy
- RETAIL STORES
- $1,695,000 Change: -19% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Anaheim
- County
- Orange
- State
- California
- Longitude
- -117.976
- Latitude
- 33.8269
- 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
$18,393
$1,295,298
$161,262
$1,456,560
-
$0.00
$0.00
$0.00
