Conventional Restaurant
For Sale
$2,750,000
1361 N Fair Oaks Avenue, Pasadena, CA 91103
For sale conventional restaurant property located on N Fair Oaks Avenue in Pasadena, CA.
Property Size4,712 SF
Days on Market354
Property Features for 1361 N Fair Oaks Avenue
General Information
Standard status
Active
Size
4,712 SF
Property subtype
Retail
Building Details
Building Size
4,712 SF
Listing Agency:
KC Broker Inc. 626-429-9977 Overview Additional information MLS R ID AR25242569 Interior features Exterior features Lot Size 22,650 Acres Other property details Hopeway Realty Group | CA DRE# 02065724 Request a tour Contact agent Request a tour Contact agent Listed by Kuo Chang CA DRE# 01258032 with KC Broker Inc. 626-429-9977
Listed By:
Kuo Chang CA DRE# 01258032
Source:
Hopewayrealtygroup
Added: Oct 18, 2025
Changed: Sep 24
Last Checked: Oct 5 at 9:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KC Broker Inc. 626-429-9977 Overview Additional information MLS R ID AR25242569 Interior features Exterior features Lot Size 22,650 Acres Other property details Hopeway Realty Group | CA DRE# 02065724 Request a tour Contact agent Request a tour Contact agent Listed by Kuo Chang CA DRE# 01258032 with KC Broker Inc. 626-429-9977
Investment Insights
Based on property information with market context.
This conventional restaurant building is offered for sale as a commercial real estate asset. The property is listed at 1361 N Fair Oaks Avenue in Pasadena, California.
As provided, the listing is categorized for restaurant use, making it a straightforward fit for operators seeking an existing restaurant-style property. Additional building details, layout, condition, and tenant-ready improvements were not included in the information provided.
As provided, the listing is categorized for restaurant use, making it a straightforward fit for operators seeking an existing restaurant-style property. Additional building details, layout, condition, and tenant-ready improvements were not included in the information provided.
Key Highlights
- Conventional restaurant property for sale on N Fair Oaks Avenue in Pasadena, CA
- Single‑story building (1 total story)
- Total building area: 4,712 sq ft
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$127,612
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,552,240
$2.6M
Cap Rate 7%
$1,823,029
$1.8M
Cap Rate 9%
$1,417,911
$1.4M
Market Conditions
NOI Build-Up for 4,712 SF
Gross rent
$174.2K $36.96/SF
− Vacancy
−$4.0K −$0.85/SF
EGI
$170.1K $36.11/SF
− OpEx
−$42.5K −$9.03/SF
NOI
$127.6K $27.08/SF
Area
Pasadena, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,552,240
Cap Rate 7%
$1,823,029
Cap Rate 9%
$1,417,911
Alternative Uses
Best Use
Specialty Retail
$1.82M
$1.60M – $2.13M
NOI $127,612 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$106.07M
$92.81M – $123.75M
NOI $7,424,714 @ 7.0% cap · market cap 269.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
736
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 61%
Dining 39%
Public Storage
Shops & Services
1,410 visits/mo
0.5 miles
Louisiana Fried Chicken
Dining
907 visits/mo
0.0 miles
Demographics for 91103, CA
26,887
Population
9,392
Households
2.9
Avg Household Size
39
Median Age
38%
College-Educated
80%
High-School Grad
4.6 sq mi
ZIP Area
5,845
Density / Sq Mi
$84,683
Median Household Income
$43,591
Median Earnings
$1,925
Median Rent
$960,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - For sale conventional restaurant property located on N Fair Oaks Avenue in Pasadena, CA.
Where is this conventional restaurant located?
The property is located at 1361 N Fair Oaks Avenue Pasadena, CA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Conventional restaurant property for sale on N Fair Oaks Avenue in Pasadena, CA; Single‑story building (1 total story); Total building area: 4,712 sq ft
