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    14740 Beach Boulevard

    La Mirada, CA 90638
    • $1,350,000
    • STATUS: Active
    • ON SITE: 119 days
    • ID#: GD20100125
    UPDATED: 48 min ago
    $1,350,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,000
      SQFT
    • $338
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1983
    County:

    School Ratings & Info

    Description

    HIGHLIGHTS* A 4,000+- SF Full Service Restaurant Property* Well Positioned For Covid-19 Modifications * Includes an Open Air Patio & High Power Ventilation Fans* Plus a Separate Take-Out Coffee Shop Unit* Full-Service Liquor License Can Be Purchased* Existing Tenant Will Consider Selling & Vacating * Property is Part of a Larger Well-Manicured Center* Over 44,000 Vehicle Per Day Near Beach Blvd & RosecransWe are pleased to present 14740 Beach Boulevard in La Mirada, California. A 4,000+- square foot full-service restaurant property plus a take-out coffee bar space that is well positioned to adapt to coronavirus modifications. The restaurant has several private dining rooms as well as an open-air patio section creating plenty of separation and opportunity to social distance dinner parties. Additionally, the restaurant is equipped with high capacity ventilation fans, and has well defined areas with plenty of distance between them. The restaurant has a full-service bar and liquor license and recently opened a separate coffee shop unit that can service take out or curb-side orders. In May of 2018, a restaurant tenant signed a 7-year Triple Net lease, along with two 5-year options starting at $6,000 per month and increasing to a maximum of $7,000 per month. The tenant would consider selling the liquor license plus the business to the Buyer of the real estate if the price and conditions are acceptable. The listing agents can provide additional details.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-23T10:27:58.223. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Camargo & Wilson Realty Team | Realty ONE Group Southwest. Licensed in the State of California, USA.

    www.tophomefinders.com/homes/106219292
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    14740 Beach Boulevard La Mirada, CA 90638

    • Price: $1,350,000
    • Status: Active
    • Updated: 48 min ago
    • ID#: GD20100125
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    4,000
    SQFT
    $338
    $/SQFT
    1983
    Built
    Neighborhood:
    M3 - La Mirada
    County:
    Los Angeles
    Area:
    M3 - La Mirada
    Property Description
    HIGHLIGHTS* A 4,000+- SF Full Service Restaurant Property* Well Positioned For Covid-19 Modifications * Includes an Open Air Patio & High Power Ventilation Fans* Plus a Separate Take-Out Coffee Shop Unit* Full-Service Liquor License Can Be Purchased* Existing Tenant Will Consider Selling & Vacating * Property is Part of a Larger Well-Manicured Center* Over 44,000 Vehicle Per Day Near Beach Blvd & RosecransWe are pleased to present 14740 Beach Boulevard in La Mirada, California. A 4,000+- square foot full-service restaurant property plus a take-out coffee bar space that is well positioned to adapt to coronavirus modifications. The restaurant has several private dining rooms as well as an open-air patio section creating plenty of separation and opportunity to social distance dinner parties. Additionally, the restaurant is equipped with high capacity ventilation fans, and has well defined areas with plenty of distance between them. The restaurant has a full-service bar and liquor license and recently opened a separate coffee shop unit that can service take out or curb-side orders. In May of 2018, a restaurant tenant signed a 7-year Triple Net lease, along with two 5-year options starting at $6,000 per month and increasing to a maximum of $7,000 per month. The tenant would consider selling the liquor license plus the business to the Buyer of the real estate if the price and conditions are acceptable. The listing agents can provide additional details.
    Exterior Features

    Lot Features Zero Lot Line Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes Laundry Features See Remarks

    Property Features

    Accounting Type Actual Additional Parcels YN No Building Area Units Square Feet Building Status Existing Cap Rate 5.78 Country Us Current Use Comments Current Business is Also For Sale. Investment Property YN Yes Land Lease YN No Laundry YN Yes Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 78000.00 Occupancy Available Property Sub Type Retail Retail Center Type Community/Specialty Special Listing Conditions Standard Water Source Public Year Built Source Assessor

    Listing provided courtesy of Krikor Garabedian of Keller Williams R. E. Services


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-23T10:27:58.223. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Camargo & Wilson Realty Team | Realty ONE Group Southwest. Licensed in the State of California, USA.

     
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    Camargo & Wilson Realty Team | Realty ONE Group Southwest
    41463 Margarita Road, Suite 100
    Temecula CA, 92591