18888 Labin Court, Rowland Heights, CA 91748
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18888 Labin Court Rowland Heights, CA 91748

$400,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$400,000 Get Pre-Qualified

Map preview of 18888 Labin Court, Rowland Heights, CA 91748

Property Overview: 18888 Labin Court Rowland Heights, CA has -- bedrooms, -- bathrooms, -- living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Incredible Business Opportunity for an upscale restaurant. One of the most internet-famous restaurants in Rowland Heights is located minutes away from a lucrative urban business center, sits within a high foot traffic plaza. This newly remodeled Chinese restaurant is located in the Pearl Of the East Shopping Center in the heart of Rowland Heights. , and attracts all demographics, locals and visitors alike. It's centrally located in the busy downtown district of Rowland Heights . PROFITABLE RESTAURANT * Fully Equipped, Fully Licensed And Turnkey *has beer and wine license. The interior has been remodeled to fit a light industrial contemporary style, with huge amount dollars spent.Well equipped kitchen. Indoor space measures about 7300 sq ft, Spacious dinning area with 8 private rooms. , plus outdoor sitting area to relax and enjoy the fresh air. Restaurant has plenty of parking space. also has Multi-story parking structure with plenty of parking spaces. • This is a rare opportunity to purchase a profitable restaurant. Keep the current concept or put your own spin on it as the possibilities are endless!! The sales also includes beer and wine license. Surrounded by banks, restaurants, shops and close to Tak Shing Hong, Motel 6 and supermarket. Conveniently located near 60-freeway exit Nogales. Great investment with a lot of potentials.

Listed by Feng Popeney | BRE #01782430 | Pan Feng Realty Inc
Last checked: 6 minutes ago | Last updated: March 24th, 2024 | Source CRMLS | DOM: 45
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Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Business
Status
Active
MLS#
TR24056043
City
Rowland Heights
County
Los Angeles
Time on Site
57 days

Open Houses for 18888 Labin Court

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Property Details for 18888 Labin Court

Lot Details / Garage and Parking
Property Information
  • Parcel Number: 8761011020
Location / Neighborhood
Location Information
  • Directions: Nogales St
View more facts & features

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Sale History for 18888 Labin Court

Last sold for $38,500 on December 10th, 2018
  • March, 2024

  • Mar 20, 2024

    Date

    Active

    CRMLS: TR24056043

    $400,000

    Price

  • February, 2020

  • Feb 19, 2020

    Date

    Canceled

    CRMLS: TR19210885

    $420,000

    Price

  • Sep 4, 2019

    Date

    Active

    CRMLS: TR19210885

    $420,000

    Price

  • Listing provided courtesy of CRMLS

    Great Opportunity to own a Profitable Chinese Restaurant in the sought after Pearl of the East Plaza in Rowland Heights. Fully equipped Asian food restaurant with an interior space about 4800 sq/ft with 80 seating capacity plus 2 private Banquet room. Professional interior design floor plan with custom built wall fixture and large screen television. The business current runs as a Hong Kong Style cuisine but all the tables has built in Hot Pot cookware to fully expand it permitted usage. Kitchen and Dining staff fully trained and will stay over at transfer. There is still a 5+5 lease option offering plus it has one of the lowest rent in Rowland heights for such new building. Ownership is a corporation that has numerous other restaurant running and therefore planning expansion toward the West Los Angeles area instead. If interested we can provide detail financial information after viewing the property first.

  • January, 2020

  • Jan 1, 2020

    Date

    Expired

    CRMLS: WS19234754

    $150,000

    Price

  • Oct 3, 2019

    Date

    Active

    CRMLS: WS19234754

    $150,000

    Price

  • Listing provided courtesy of CRMLS

    Rowland Height Chinese Grill restaurant business, Location is in Rowland Height, close to Freeway #60, Spacious and equipped with KARAOKE.

  • December, 2018

  • Dec 11, 2018

    Date

    Sold

    CRMLS: CV18278539

    $38,500

    Price

  • Dec 6, 2018

    Date

    Pending

    CRMLS: CV18278539

    $50,000

    Price

  • Nov 25, 2018

    Date

    Active

    CRMLS: CV18278539

    $50,000

    Price

  • Listing provided courtesy of CRMLS

    Coffee Shop for sale, located inside Pearl of the East Plaza, Nogales St. & Labin Ct., in Rowland Heights area; Plaza gather lots of different restaurants and provide ample parking space and parking structure.

  • October, 2017

  • Oct 23, 2017

    Date

    Sold

    CRMLS: AR17166576

    $305,000

    Price

  • Jul 20, 2017

    Date

    Active

    CRMLS: AR17166576

    $389,000

    Price

  • Listing provided courtesy of CRMLS

    Incredible Business Opportunity for an upscale Chinese restaurant. This newly remodeled Chinese restaurant is located in the Pearl Of the East Shopping Center in the heart of Rowland Heights. Spacious dinning area with 5 private rooms. Well equipped kitchen. The sales also includes beer and wine license. Surrounded by banks, restaurants, shops and close to Tak Shing Hong, Motel 6 and supermarket. Conveniently located near 60-freeway exit Nogales. Multi-story parking structure with plenty of parking spaces. Great investment with a lot of potentials.

  • June, 2010

  • Jun 24, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 18888 Labin Court

Assessed Value (2020): $31,212,768
Year Land Value Improved Value Assessed Value
2020 $6,392,088 $24,820,680 $31,212,768

Home Value Compared to the Market

This property vs the competition

18888 Labin Court is listed 64.25% lower than the median list price for the city of Rowland Heights which has a median list price of $1,119,000.

About 18888 Labin Court

Detailed summary of property

18888 Labin Court is a business located in Rowland Heights, CA 91748 and is currently for sale. This business offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately -- square foot lot. 18888 Labin Court was first listed on ArdentRealEstateGroup.com on March 20, 2024. The homeowner is currently asking $400,000. The median priced home in Rowland Heights is $1,119,000 with a median price per square foot of $510. Based on Ardent Real Estate Group's Rowland Heights Market Data, this home is listed 64.25% lower than the median priced home. Local competing homes currently for sale include 10585 Slater Ave #4A, 147 W California Blvd #3005 and 5253 Paramount Blvd. While the average home in Rowland Heights, CA is selling in 65 days, 18888 Labin Court has a days on market of 45 days. There are currently 46 homes for sale in the Rowland Heights real estate market and 42 of them are single family homes while 4 of them are condos and 0 are townhomes. For more information on this home for sale at 18888 Labin Court Rowland Heights, CA 91748 contact Ardent Real Estate Group and we will put you in touch with one of our Rowland Heights agents.

Public Facts for 18888 Labin Court

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
118,904
Lot Size
261,752
Stories
2
Type
Store/Office (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
8761-011-020

The source for these homes facts are from public records.

91748 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,119,000
Median List Price/Sq.Ft.
$515
Median Sold Price
$945,000
Median Sold Price/Sq.Ft.
$562
Total Inventory
50
Median Sale to List Price %
102.84%
Avg Days on Market
31
Loan Type
Conventional (53.33%), FHA (0%), VA (0%), Cash (46.67%), Other (0%)

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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.