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    451 Del Monte St Pasadena, CA 91103

    Sponsored
    For Sale
    $5,500,000

    Three buildings, huge potential, Rose Bowl proximity.

    Property size:
    1,980 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment opportunity presents three contiguous properties totaling 5,938 square feet on a combined 0.14-acre lot in desirable Pasadena, California. The offering includes the real estate and the established business currently operating on the site – a tire and mechanic shop. Building #1, at 1,758 square feet on an 8,900-square-foot lot, serves as the primary shop space. Building #2, adding 2,205 square feet on a 9,025-square-foot lot, complements the existing operation. Finally, Building #3, a 1,980-square-foot structure on a 6,100-square-foot lot, further enhances the overall functionality of the business. The combined property offers significant potential for expansion, redevelopment, or continued operation as a thriving automotive repair facility. Its strategic location, approximately a quarter-mile from the iconic Rose Bowl and the vibrant Old Town Pasadena, provides excellent visibility and access to a large customer base. This is a rare chance to acquire a substantial mixed-use property in a highly sought-after area, presenting a compelling investment opportunity with considerable upside potential. The asking price for this unique package is $5,500,000.

    Property Features for 451 Del Monte St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,980 SF
    Lot Size
    6,098 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Los Angeles
    State
    California
    Longitude
    -118.1602
    Latitude
    34.17265

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    FAQs

    What type of property is this?
    Mixed-use property - Three buildings, huge potential, Rose Bowl proximity.
    Where is this mixed-use property located?
    The property is located at 451 Del Monte St Pasadena, CA.
    What is the asking price?
    The asking price for this property is $5,500,000.
    (562) 330-1516
    Request Owner's contact information
    451 Del Monte St Pasadena, CA 91103
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    Pasadena, CA 91103
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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
    451 Del Monte St Pasadena, CA 91103
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