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    396 Lake Ave Pasadena, CA 91101
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    Property profile & analytics

    396 Lake Ave Pasadena, CA 91101


    • Retail properties & Spaces
    • 8,250 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Draper’s, 1952 - Architect: H. Roy Kelley / Tour Operator

    Property Details for 396 Lake Ave

    Year built
    1952
    Property size
    8,250 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional 8,250-square-foot retail space is located at 396 S Lake Ave in Pasadena, California, 91101, within Los Angeles County. Built in 1952, the single-tenant property offers a significant branding opportunity with a massive storefront along a high-traffic thoroughfare, benefiting from both office worker and local consumer traffic. The building boasts dual entrances for convenient access and ample parking. A unique feature is the approximately 16-foot high exposed bow truss ceiling. The property includes 10 parking spaces per 1,000 square feet of building space, with 500 free parking spaces located at the rear of the building. The entire 8,250 square feet is currently vacant, presenting a blank canvas for a new tenant to establish a prominent presence on this prestigious Pasadena retail strip, alongside a mix of national brands and local businesses. This location offers a compelling opportunity for a retailer seeking high visibility and convenient access in a thriving commercial area.


    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
    -118.132
    Latitude
    34.139
    More about this property
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