540 W La Habra Blvd, La Habra, CA 90631
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540 W La Habra Blvd La Habra, CA 90631

$1,850,000 Sold Price as of 03/29/2023
  • -- Beds
  • -- Baths
  • 8,672 Sq.Ft.
Sold
$1,850,000 Sold Price as of 03/29/2023 Refinance Your Mortgage

Map preview of 540 W La Habra Blvd, La Habra, CA 90631

Property Overview: 540 W La Habra Blvd La Habra, CA has -- bedrooms, -- bathrooms, 8,672 living square feet and 27,166 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The subject property is located at main street (La Habra Boulevard) of the City of La Habra, near the only California CVS Pharmacy Distribution center, one of the area’s largest employers. The subject property is in close proximity to major Imperial Highway, Harbor Boulevard and 57 Freeway. The subject property, built in 1954, consists of (6) six suites totaling about 8,672 sqft of building and sits at 27,166 sqft Lot size. And it is part of a larger, 51,241 sqft retail strip center known as La Habra Plaza. Due to the current below market rents, the subject property provides an investor a tremendous value add opportunity that can be realized in a short period of time. In short, an astute investor can increase the properties cash flow and value by converting the existing tenants to NNN Lease.

Listed by Soo Yeol Oh | BRE #01879346 | New Star Realty & Investment
Co-listed by Hyun Soo Oh | BRE #02100135 | New Star Realty & Investment
Last checked: 16 minutes ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 34

Home details

Lot Sq. Ft
27,166
HOA Dues
$0/mo
Year built
1954
Garage
--
Property Type:
Retail
Status
Sold
MLS#
PW23007180
City
La Habra
County
Orange
Time on Site
479 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
  • # of Leased Units: 6
Unit Breakdown 1
  • # of Units: 548
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,858
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 552
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,753
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 554
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $693
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 556
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,500
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 540
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $2,500
  • Total Rent: --
Unit Breakdown 6
  • # of Units: 544
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,916
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.9%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $122,652
  • Net Operating Income: $90,521
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $32,131
  • Trash: $2,113
  • Insurance: $1,857
  • Maintenance: $2,400

Property Details for 540 W La Habra Blvd

Interior Features
Laundry Information
  • Common Area, Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 30
Lot Information
  • Lot Features: 2-5 Units/Acre, Paved, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 29803104
  • Year Built Source: Public Records
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: La Habra Blvd. between Euclid St. and Idaho St.
View more facts & features

Local La Habra Agent

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Sale History for 540 W La Habra Blvd

Last sold for $1,850,000 on March 29th, 2023
  • May, 2024

  • May 1, 2024

    Date

    Expired

    CRMLS: IV23053395

    $60,000

    Price

  • Apr 5, 2023

    Date

    Active

    CRMLS: IV23053395

    $130,000

    Price

  • Listing provided courtesy of CRMLS

    A nice, spacious discount market of 3,000 sqft selling water, and a variety of merchandise located in a busy plaza center with lots of parking, many customers frequent the plaza year round

  • March, 2023

  • Mar 29, 2023

    Date

    Sold

    CRMLS: PW23007180

    $1,850,000

    Price

  • Jan 13, 2023

    Date

    Active

    CRMLS: PW23007180

    $1,850,000

    Price

  • May, 2019

  • May 12, 2019

    Date

    Expired

    CRMLS: PW18274221

    $85,000

    Price

  • Jan 5, 2019

    Date

    Price Change

    CRMLS: PW18274221

    $85,000

    Price

  • Nov 15, 2018

    Date

    Active

    CRMLS: PW18274221

    $98,000

    Price

  • Listing provided courtesy of CRMLS

    This is good store in the La Habra City. It has water system with 10 lines of water. Owner installed the water system about $40000 for having drinking water. This water store and mini market sale a lots of things for family such as soft drinks, snacks and merchandise. Super Loto is also your income in this store. The freezer, Ice cream. Beside the water and mini market , store has a small room for nails. You can use it for nail- room or you can use for your purpose. The hot summer, you can have money for only drinking water enough for the rent of the store. Seller will stay 2 weeks for training after sold to the new owners. The price is include all the inventory.

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Tax History for 540 W La Habra Blvd

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

540 W La Habra Blvd sold on March 29, 2023 for 110.11% higher than the current median sold price for the city of La Habra which is $880,000. The median sold price per/sqft for La Habra is $563 and this home is sold at $213.21 per/sqft which puts the price per square foot 62.13% lower than the current median sale per square foot for the city of La Habra.

About 540 W La Habra Blvd

Detailed summary of property

540 W La Habra Blvd is a retail that recently sold in La Habra, CA 90631. This retail property offered -- bedrooms, -- bathrooms, roughly 8,672 living square feet, and sits on an approximately 27,166 square foot lot. 540 W La Habra Blvd was first listed on ArdentRealEstateGroup.com on January 14, 2023. The homeowner sold the property for $1,850,000. Home in La Habra are selling for a median price of $880,000 and a median price per square foot of $563. Based on Ardent Real Estate Group's La Habra Market Data, this home is sold 110.11% higher than the current median priced home. Local homes that are currently for sale include 9030 Sierra Ave and 1232 W Base Line St. While the average home in La Habra, CA is selling in 61 days, 540 W La Habra Blvd has a days on market of 34 days. There are currently 86 homes for sale in the La Habra real estate market and 52 of them are single family homes while 25 of them are condos and 9 are townhomes. For more information on this home for sale at 540 W La Habra Blvd La Habra, CA 90631 contact Ardent Real Estate Group and we will put you in touch with one of our La Habra agents.

Public Facts for 540 W La Habra Blvd

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90631 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$895,000
Median List Price/Sq.Ft.
$525
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$551
Total Inventory
109
Median Sale to List Price %
105.56%
Avg Days on Market
14
Loan Type
Conventional (71.43%), FHA (0%), VA (0%), Cash (8.57%), Other (14.29%)

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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.