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    42 De Lacey Ave Pasadena, CA 91103

    For Lease
    Contact for pricing

    8,013 SF Available in Historic District

    Lot size:
    16,026 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail or restaurant opportunity is located at 42 S De Lacey Ave in the heart of Old Pasadena, California. The property, built in 1927 and renovated in 2003, offers a total of 16,026 square feet across a single suite, with 8,013 square feet currently available for lease. This presents a unique chance to establish a presence in a vibrant and highly sought-after area. The building's rich history blends seamlessly with modern amenities, creating a desirable space for a variety of businesses. The location within Old Pasadena ensures high foot traffic and visibility, benefiting from the area's strong reputation and established clientele. Parking is conveniently provided via city parking options. The property is classified as Commercial, with a Multiple Tenancy designation, indicating potential for future expansion or subleasing. This single-suite building is situated in Los Angeles County, zip code 91103, offering easy access to major transportation routes and a thriving community. The substantial square footage provides ample space for a large-scale operation or the potential to be divided for multiple tenants. This is a rare opportunity to secure a prominent location in one of Southern California's most desirable commercial districts.

    Property Features for 42 De Lacey Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,026 SF

    Building Details

    Year Built/Renovated
    1927/2003

    Unit(s) available at that property

    Space
    Available Spaces
    Size
    8,013 SF

    HighLights

    • Hard corner location.
    • Exposed bow truss flagship space.
    • Abundant public parking directly across the street.
    • Excellent frontage and curb appeal.
    • Prime Old Pasadena location.
    • Open floor plan with high ceilings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Room & Board Design ... Furniture Store

    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
    -118.153228
    Latitude
    34.1672881

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    FAQs

    What type of property is this?
    Restaurant - 8,013 SF Available in Historic District
    Where is this restaurant located?
    The property is located at 42 De Lacey Ave Pasadena, CA.
    What are key features of this property?
    This property features: Hard corner location.; Exposed bow truss flagship space.; Abundant public parking directly across the street.
    Request Owner's contact information
    42 De Lacey Ave 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
    42 De Lacey Ave Pasadena, CA 91103
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