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    48 De Lacey Ave Pasadena, CA 91105

    For Lease
    $24 SF/Yr

    Prime Pasadena location, multiple suites available.

    Lot size:
    24,544 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Pasadena retail property, located at 48-50 S De Lacey Ave, 91105, offers a unique opportunity for businesses seeking a high-visibility location. The 24,544 square foot, two-story building, constructed in 1955 and classified as Class B, boasts 10 suites with sizes ranging from a minimum of 894 square feet to a maximum contiguous space of 8,603 square feet. Currently, 8,603 square feet is vacant, providing ample space for expansion or multiple tenants. The property sits on a 0.29-acre lot and includes 12 surface parking spaces, a significant advantage in a high-traffic area. The building features desirable amenities such as 24-hour access, controlled access, skylights, central heating, air conditioning, and natural light. Its prime corner location provides excellent visibility and foot traffic, situated on two major streets. The property benefits from a Walk Score of 97, Transit Score of 72, and Bike Score of 72, reflecting its convenient location within a vibrant and walkable community. The zoning is PSC-, and the APN is 5713-007-018, 5713-007-019. Promotional pricing is available for the first year of tenancy. This is an ideal opportunity for businesses seeking a well-located, versatile retail space in the heart of Pasadena.

    Property Features for 48 De Lacey Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,544 SF
    Class
    B
    Total Rate
    49088

    Building Details

    Year Built
    1955
    Stories
    2

    Unit(s) available at that property

    Space
    54 S DeLacey Ave
    Size
    1,200 SF
    Rate per SF
    $42
    Space
    1st Fl, Ste 100
    Size
    2,270 SF
    Rate per SF
    $24
    Space
    2nd Fl, Ste 200 & 201
    Size
    4,004 SF
    Rate per SF
    $24

    HighLights

    • High‑visibility 24,544 SF Class B retail building in Pasadena, CA (91105) at 48‑50 S De Lacey Ave.
    • Ten suites ranging from 894 SF to 8,603 SF contiguous, with 8,603 SF currently vacant.
    • 0.29‑acre lot with 12 surface parking spaces.
    • Amenities include 24‑hour access, controlled access, skylights, HVAC, and abundant natural light.
    • Prime corner location with high foot traffic, Walk Score 97, Transit Score 72, Bike Score 72.
    • Promotional pricing available for the first year.
    Property Profile Location Intelligence

    Current Use by Public Records

    De Lacey Beauty ... Beauty Salon N° 147 number ... Hair Salon Royalty Salon Pasadena Beauty Salon Oneleaf Salon Hair ... Hair Salon

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery 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
    -118.1518339
    Latitude
    34.1447718

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    FAQs

    What type of property is this?
    Land - Prime Pasadena location, multiple suites available.
    Where is this land located?
    The property is located at 48 De Lacey Ave Pasadena, CA.
    What is the lease rate?
    The lease rate is $24-$42 SF/Yr.
    What are key features of this property?
    This property features: High-visibility 24,544 SF Class B retail building in Pasadena, CA (91105) at 48-50 S De Lacey Ave.; Ten suites ranging from 894 SF to 8,603 SF contiguous, with 8,603 SF currently vacant.; 0.29-acre lot with 12 surface parking spaces.
    Request Owner's contact information
    48 De Lacey Ave 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
    48 De Lacey Ave Pasadena, CA 91105
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