Property profile

82 Las Tunas Dr Arcadia, CA 91007

OFF-MARKET
Turn key restaurants
Property ID
US09-9500332
3,000 SF 0.7 ac lot Built 1985
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,000-square-foot former drive-thru restaurant presents a remarkable opportunity in the thriving Arcadia, California market. Located at 82 Las Tunas Dr, 91007, this single-tenant property boasts a substantial 1,300+ square-foot outdoor patio, exclusively for the premises' use. The property benefits from premier pylon signage on both Live Oak Ave and Las Tunas Drive, ensuring high visibility and attracting significant attention from the densely populated area. With over 93,000 people residing within a two-mile radius, this location offers unparalleled access to a large customer base. Convenient access is provided via multiple ingress and egress points from both Live Oak Ave and Las Tunas Drive, including convenient left-turn access. This centrally located property enjoys proximity to key landmarks such as Westfield Santa Anita Mall and Santa Anita Racetrack, further enhancing its appeal and potential. The property is situated in Los Angeles County, within a growing and affluent submarket, making it an ideal investment for a variety of businesses seeking a high-traffic, easily accessible location. This is a rare opportunity to acquire a well-positioned commercial property in a prime Arcadia location.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1985
Construction WOOD
Total area 3,000 SF
Lot 0.7 ac (30,314 SF)
Zoning code ARCM*
APN 5788-021-017
UPID US09-9500332

Cap rate & NOI

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

Location

82 Las Tunas Dr Arcadia, CA 91007-8566
Arcadia metro Census 431600 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.53M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.37M
Blend (final) Blend
$2.64M

Owner & transaction history

since 2023
Last sale
$2.7M
7 recorded transactions
2023
Price N/A
2019
$2.7M
2019
$1.9M
1999
Price N/A
1994
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

ARCM* · Arcadia, CA

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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