$4,500,000
$4,599,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
1.7 Acres Lot
SOLD DATE : 04/23/2024
Key Details
Sold Price $4,500,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID EV23119185
Sold Date 04/23/24
HOA Y/N No
Year Built 1963
Lot Size 1.700 Acres
Property Description
PRICE REDUCED $400,000. Winchell's Donuts on corner is occupied. Other 13 units are vacant. Strong signalized corner. Opportunity to remodel or develop site. CAP and NOI are at projected rents from $18/ sqft to $23 / sqft. Please see OM for table of CAP & NOI at different rent rates. Winchell's has approximately 13 years, including options, left on their lease.
Location
State CA
County Orange
Area 87 - La Habra
Interior
Fireplace No
Laundry None
Building
Lot Description 16-20 Units/Acre
Story 1
Water Public
Others
Tax ID 02232424
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Kevin Lee • Coldwell Banker Alliance
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "