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    2817-2827 E Foothill Blvd Pasadena, CA 91107

    For Sale
    $4,500,000

    Three contiguous buildings with sale-leaseback from seasoned restaurateur.

    Property size:
    6,957 SF

    Property Features for 2817-2827 E Foothill Blvd

    General Information

    Size
    6,957 SF

    Building Details

    Year built
    1960

    Source: John S. Archibald Agent John S. Archibald

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Pasadena Restaurant Investment Opportunity

    This investment opportunity features three contiguous buildings located on the main east-west thoroughfare in East Pasadena. The property has been freshly repositioned and completely remodeled. It is suitable for passive income investors and/or 1031 exchange buyers, featuring a sale-leaseback from a highly seasoned restaurateur.
    Location Intelligence

    Current Use by Public Records

    1031 exchange properties

    Suggested Use

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

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

    Similar Places Nearby

    Billotti's Catering, Yellow Tomato Catering, Cambria Catering, Camille's Kitchen, Cynthia Brooks Catering

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Los Angeles
    State
    California
    Longitude
    -118.0922065
    Latitude
    34.1501945

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    FAQs

    What type of property is this?
    Restaurant - Three contiguous buildings with sale-leaseback from seasoned restaurateur.
    Where is this restaurant located?
    The property is located at 2817-2827 E Foothill Blvd Pasadena, CA.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - Prime opportunity to acquire three contiguous buildings.; - Robust sale-leaseback from a seasoned restaurateur.; - Ideal for passive income investors.
    (626) 660-8228
    Request Owner's contact information
    2817-2827 E Foothill Blvd Pasadena, CA 91107
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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
    2817-2827 E Foothill Blvd Pasadena, CA 91107
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