451 Del Monte St Pasadena, CA 91103
- Parking lots & garages
- 1,980 SF
- 0.14 lot acres
Current Use by Public Records
- Parking lots & garages
Property Details for 451 Del Monte St
- Year built
- 1970
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.14 lot acres
- Property size
- 1,980 SF
- Zone code
- PSC-
- Property type
- Parking lots & garages
- APN
- 5727-012-002
- APU
- 5727012002
Description
This exceptional investment opportunity presents three contiguous properties totaling 5,938 square feet on a combined 0.14-acre lot in desirable Pasadena, California. The offering includes the real estate and the established business currently operating on the site – a tire and mechanic shop. Building #1, at 1,758 square feet on an 8,900-square-foot lot, serves as the primary shop space. Building #2, adding 2,205 square feet on a 9,025-square-foot lot, complements the existing operation. Finally, Building #3, a 1,980-square-foot structure on a 6,100-square-foot lot, further enhances the overall functionality of the business. The combined property offers significant potential for expansion, redevelopment, or continued operation as a thriving automotive repair facility. Its strategic location, approximately a quarter-mile from the iconic Rose Bowl and the vibrant Old Town Pasadena, provides excellent visibility and access to a large customer base. This is a rare chance to acquire a substantial mixed-use property in a highly sought-after area, presenting a compelling investment opportunity with considerable upside potential. The asking price for this unique package is $5,500,000.
Value Estimation
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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
- -118.16
- Latitude
- 34.1726
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
