123 California Blvd Pasadena, CA 91105
- Investment properties
- 1,612 SF
- 1.29 lot acres
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
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pasadena
- County
- Los Angeles
- State
- California
- Longitude
- -118.153
- Latitude
- 34.1364