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    123 California Blvd Pasadena, CA 91105

    Sponsored
    For Sale
    $65,000

    Established Thai Restaurant - Asset Sale

    Property size:
    1,612 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional business opportunity presents the chance to acquire a thriving Thai restaurant located at 123 California Boulevard, Pasadena, CA. The sale includes all furniture, fixtures, and equipment (FF&E), representing a turnkey operation ready for immediate revenue generation. The comprehensive inventory of equipment encompasses a True beverage fridge, Ice-O-matic ice maker, two two-door freezers, a two-door refrigerator, a custom-built walk-in cooler, an electric rice cooker, two eight-compartment prep fridges, a six-compartment prep fridge, two Sharp commercial microwaves, a Hoshizaki rice warmer, a deep fryer, a grill, fourteen tables, forty chairs, a point-of-sale (POS) system, and a credit card terminal. The restaurant occupies a 1,612 square foot space situated on a 1.29-acre lot, offering ample parking for patrons. The current lease agreement provides a one-year term with a five-year option, ensuring operational stability. The property's convenient location, minutes from the 210 freeway, provides excellent accessibility and high visibility for attracting customers. This is a rare opportunity to acquire an established, well-equipped restaurant in a desirable Pasadena location. The existing infrastructure and equipment significantly reduce the start-up costs and time associated with launching a new restaurant. This presents a compelling investment opportunity for experienced restaurateurs or aspiring entrepreneurs seeking a profitable venture. The sale price is $65,000.

    Property Features for 123 California Blvd

    General Information

    Property type
    Investment properties
    Square Feet
    1,612 SF
    Lot Size
    56,192 SF

    Building Details

    Year Built
    1978
    Property Profile Location Intelligence

    Current Use by Public Records

    Suriya Thai Thai Restaurant EAT AM ARE ... Thai Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Los Angeles
    State
    California
    Longitude
    -118.1527
    Latitude
    34.13639

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    FAQs

    What type of property is this?
    Investment property - Established Thai Restaurant - Asset Sale
    Where is this investment property located?
    The property is located at 123 California Blvd Pasadena, CA.
    What is the asking price?
    The asking price for this property is $65,000.
    (626) 964-5500
    Request Owner's contact information
    123 California Blvd Pasadena, CA 91105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    123 California Blvd Pasadena, CA 91105
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