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Property profile & analytics
OFF-MARKET
Investment properties

1251 Lake Ave Pasadena, CA 91104

1,000 SF 1.41 ac lot
Property ID
Property summary
AI-generated overview

This exceptional business opportunity presents a well-established family restaurant in Pasadena, California. Located at 1251 Lake Avenue, this turnkey operation has built a strong reputation within the community over the past four years. The restaurant occupies 1,000 square feet within a modern shopping center situated on a high-traffic street, ensuring excellent visibility and accessibility to a large customer base. Ample parking is readily available for patrons. The sale includes all fixtures and equipment, making this a seamless transition for a new owner. The property sits on a sizable 1.41-acre lot, offering potential for future expansion or development, subject to local zoning regulations. This is an ideal investment for an experienced restaurateur looking to acquire a profitable, established business with significant growth potential. The restaurant's strong community presence and prime location provide a solid foundation for continued success. Financial details are available upon request, along with a comprehensive list of included fixtures and equipment. Serious inquiries only. This is a rare opportunity to own a thriving business in a desirable Pasadena location. Don't miss out on this chance to own a piece of Pasadena's culinary scene.

Property profile
Verified
Property type Investment properties
Total area 1,000 SF
Lot 1.41 ac (61,420 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Salsa Picante Pasadena Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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