536 Arrow Hwy Covina, CA 91722-1401
- Investment properties
- 6,000 SF
- 0.49 lot acres
Current Use by Public Records
- Mustapha & Associates / Structural Engineer
- Cuevas Health Food / Health Food Store
- T.B.Y LUGGAGE / Luggage Store
- Vicky’s Hair Design Salon & Barber Shop / Barber Shop
- Zapopana's café Tortas Y Raspados / Juice Shop / Ice Cream Shop
Property Details for 536 Arrow Hwy
- Year built
- 1967
- Construction
- WOOD
- Lot size
- 0.49 lot acres
- Property size
- 6,000 SF
- Zone code
- CVC2YY
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 8408-020-023
- APU
- 8408020023
Description
This exceptional turnkey restaurant opportunity is located at 536 E Arrow Hwy, Covina, CA 91722, in Los Angeles County. Built in 2007, this retail space presents a thriving business with a loyal customer base. Zapopana's Cafe offers a diverse menu featuring Bionicos, Tortas, Raspados, juices, smoothies, shakes, and coffee. The cafe is known for its high-quality ingredients, fresh juices, and efficient service, consistently receiving positive customer feedback. The menu caters to a wide range of tastes, including hearty and spicy options, and also provides party platters for special events. This established business offers a unique opportunity for an owner-operator to step into a ready-made operation with an existing customer base and proven success. The asking price for this well-regarded Covina eatery is $60,000. The property's prime location ensures high visibility and accessibility, contributing to the cafe's consistent success. This is a rare chance to acquire a profitable and well-established restaurant in a desirable area. The sale includes all necessary equipment and fixtures for immediate operation. This is an excellent investment opportunity for a savvy entrepreneur seeking a proven business model in a thriving community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $335,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $370,000
- 6.5%
- $355,000
- 7%
- $365,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $340,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $330,000
- Retail
- $360,000
- Mixed-Use
- $330,000
- Hospitality
- $320,000
- Educational
- $400,000
- Residential Income
- $325,000
- Energy
- $390,000
- Income-Based Land
- $315,000
- Food Service
- $370,000
Location Insight
- Map
- Local Demand
- City
- Covina
- County
- Los Angeles
- State
- California
- Longitude
- -117.9
- Latitude
- 34.1063
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
