La Habra, CA 90631,121 S Beach BLVD
La Habra, CA 90631,121 S Beach BLVD
La Habra, CA 90631,121 S Beach BLVD
12
$15,699,000
$16,900,000
7.1%
Est.Price: ?

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3.93 Acres Lot

121 S Beach BLVD La Habra, CA 90631

Est. payment /mo
SOLD DATE : 04/08/2022

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Key Details

Sold Price $15,699,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW22000987

Sold Date 04/08/22

HOA Y/N No

Lot Size 3.930 Acres

Property Sub-Type Retail

Property Description

The subject property is situated on the South West corner of Beach Boulevard & La Habra Boulevard in the City of La Habra. The property is surrounded by other Commercial/Retail, Apartments and residential properties. Property includes ample parking and had a façade enhancement in 2007. Located across from Costco, near La Habra City Hall, Community Center, U.S. Post Office, La Habra Police Department and other Retail Shopping Centers.
2 legal parcels - potential to divide and resell, Potential for mixed use redevelopment
34% of income from credit tenants, 79% of income is internet resistant, 58% of tenants in place over 15 years
Scheduled rent increases provide income growth
Inflation Hedge- Below market Rents are easily replaceable – with increased income likely
No deferred maintenance, Well maintained and easy to manage
Tenants include: 7-Eleven, Dollar Tree, Bank of America, Subway, Kumon Learning Center, Best Deal Appliances, Taco Nazo, Dance Studio, Cleaners, Dentist, Women's Center, Sushi, Acupuncture, Dog Groomer, Barber, Donuts, Farmers Insurance and More
Stable Tenant Mix of National, Regional and Local Companies
Substantial Parking & Abundant Street Frontage
Located on High Traffic Point Corner with 57,985 Cars Per Day

Sale is Combined With Additional Parcel 018-201-20

Location

State CA

County Orange

Area 87 - La Habra

Interior

Fireplace No

Laundry None

Exterior

Community Features Park

Building

Lot Description 2-5 Units/Acre, Landscaped, Near Park, Near Public Transit, Paved, Rectangular Lot

Water Public

Others

Tax ID 01820121

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Gregory Jones • Jones Real Estate
Bought with General NONMEMBER • NONMEMBER MRML

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agent

Frank Agahi

Broker | License ID: 00846805

+1(949) 552-7653

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