14740 Beach Blvd, La Mirada, CA 90638
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14740 Beach Blvd La Mirada, CA 90638

$1,180,000 Sold Price as of 11/03/2020
  • -- Beds
  • -- Baths
  • 4,000 Sq.Ft.
Sold
$1,180,000 Sold Price as of 11/03/2020 Refinance Your Mortgage

Map preview of 14740 Beach Blvd, La Mirada, CA 90638

Property Overview: 14740 Beach Blvd La Mirada, CA has -- bedrooms, -- bathrooms, 4,000 living square feet and 4,017 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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 & Rosecrans We 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.

Listed by Krikor Garabedian | BRE #01216376 | Keller Williams R.E. Services
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 130

Home details

Lot Sq. Ft
4,017
HOA Dues
$0/mo
Year built
1983
Garage
--
Property Type:
Retail
Status
Sold
MLS#
GD20100125
City
La Mirada
County
Los Angeles
Time on Site
1411 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.78%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $78,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 14740 Beach Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • See Remarks
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Zero Lot Line
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 8065035030
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Property is located in a large shopping center at the corner of Rosecrans and Beach Blvd.
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Sale History for 14740 Beach Blvd

Last sold for $1,180,000 on November 3rd, 2020
  • November, 2020

  • Nov 3, 2020

    Date

    Sold

    CRMLS: GD20100125

    $1,180,000

    Price

  • May 26, 2020

    Date

    Active

    CRMLS: GD20100125

    $1,350,000

    Price

  • October, 2020

  • Oct 13, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,180,000

    Price

  • November, 2017

  • Nov 2, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 14740 Beach Blvd

Assessed Value (2020): $799,598
Year Land Value Improved Value Assessed Value
2020 $105,594 $694,004 $799,598

Home Value Compared to the Market

This property vs the competition

14740 Beach Blvd sold on November 3, 2020 for 46.74% higher than the current median sold price for the city of La Mirada which is $920,000. The median sold price per/sqft for La Mirada is $578 and this home is sold at $337.5 per/sqft which puts the price per square foot 41.61% lower than the current median sale per square foot for the city of La Mirada.

About 14740 Beach Blvd

Detailed summary of property

14740 Beach Blvd is a retail that recently sold in La Mirada, CA 90638. This retail property offered -- bedrooms, -- bathrooms, roughly 4,000 living square feet, and sits on an approximately 4,017 square foot lot. 14740 Beach Blvd was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,180,000. Home in La Mirada are selling for a median price of $920,000 and a median price per square foot of $578. Based on Ardent Real Estate Group's La Mirada Market Data, this home is sold 46.74% higher than the current median priced home. Local homes that are currently for sale include 205 W Holt Blvd, 16146 Arrow Blvd and 8871 Sierra Ave #8. While the average home in La Mirada, CA is selling in 29 days, 14740 Beach Blvd has a days on market of 130 days. There are currently 63 homes for sale in the La Mirada real estate market and 50 of them are single family homes while 13 of them are condos and 0 are townhomes. For more information on this home for sale at 14740 Beach Blvd La Mirada, CA 90638 contact Ardent Real Estate Group and we will put you in touch with one of our La Mirada agents.

Public Facts for 14740 Beach Blvd

Public county record property details
Beds
--
Baths
--
Year built
1983
Sq. Ft.
4,000
Lot Size
4,016
Stories
1
Type
Restaurant
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
8065-035-030

The source for these homes facts are from public records.

90638 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$834,888
Median List Price/Sq.Ft.
$575
Median Sold Price
$920,000
Median Sold Price/Sq.Ft.
$579
Total Inventory
62
Median Sale to List Price %
102.34%
Avg Days on Market
19
Loan Type
Conventional (58.06%), FHA (9.68%), VA (3.23%), Cash (19.35%), Other (6.45%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.