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123 California Blvd Pasadena, CA 91105

  • Investment properties
  • 1,612 SF
  • 1.29 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Suriya Thai / Restaurant
  • EAT AM ARE Thai Eatery / Restaurant

Property Details for 123 California Blvd

Year built
1978
Lot size
1.29 lot acres
Property size
1,612 SF
Property type
Investment properties

Description

This exceptional business opportunity presents the chance to acquire a thriving Thai restaurant located at 123 California Boulevard, Pasadena, CA. The sale includes all furniture, fixtures, and equipment (FF&E), representing a turnkey operation ready for immediate revenue generation. The comprehensive inventory of equipment encompasses a True beverage fridge, Ice-O-matic ice maker, two two-door freezers, a two-door refrigerator, a custom-built walk-in cooler, an electric rice cooker, two eight-compartment prep fridges, a six-compartment prep fridge, two Sharp commercial microwaves, a Hoshizaki rice warmer, a deep fryer, a grill, fourteen tables, forty chairs, a point-of-sale (POS) system, and a credit card terminal. The restaurant occupies a 1,612 square foot space situated on a 1.29-acre lot, offering ample parking for patrons. The current lease agreement provides a one-year term with a five-year option, ensuring operational stability. The property's convenient location, minutes from the 210 freeway, provides excellent accessibility and high visibility for attracting customers. This is a rare opportunity to acquire an established, well-equipped restaurant in a desirable Pasadena location. The existing infrastructure and equipment significantly reduce the start-up costs and time associated with launching a new restaurant. This presents a compelling investment opportunity for experienced restaurateurs or aspiring entrepreneurs seeking a profitable venture. The sale price is $65,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Pasadena
County
Los Angeles
State
California
Longitude
-118.153
Latitude
34.1364
More about this property
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