Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    40 Pasadena Ave Pasadena, CA 91103-3626

    • Turn key restaurants
    • 1,080 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $260,000
    Last Sale
    Nov 20, 2023
    Location Intelligence
    Property ID
    US09-8277204
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Chartwell Escrow - Pasadena Branch / Title Company / Escrow Service
    • 40 N Pasadena Ave Parking / Parking Lot

    Property Details for 40 Pasadena Ave

    Year built
    1968
    Construction
    TILT-UP CONCRETE
    Lot size
    0.16 lot acres
    Property size
    1,080 SF
    Zone code
    PSC-
    Property type
    Turn key restaurants
    APN
    5713-004-024
    APU
    5713004024

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $270,000
      6.5%
      $285,000
      7%
      $275,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $310,000
      Geo Method
      $245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $280,000
      Mixed-Use
      $230,000
      Hospitality
      $250,000
      Educational
      $225,000
      Residential Income
      $275,000
      Energy
      $265,000
      Income-Based Land
      $225,000
      Food Service
      $265,000

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Los Angeles
    State
    California
    Longitude
    -118.154
    Latitude
    34.1465
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $7,693
    $102,727
    $71,381
    $174,108
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,403 SF

      2050 Fair Oaks Ave

      RESTAURANT • 1,403 SF
      2050 Fair Oaks Ave, Pasadena, CA 91103-1714
      View Details
    • Value Estimation by Request
      3,257 SF

      181 Orange Grv Blvd

      RESTAURANT • 3,257 SF
      181 Orange Grv Blvd, Pasadena, CA 91103-3424
      View Details
    • Value Estimation
      $3,995,000
      9,360 SF

      70 Raymond Ave

      RESTAURANT • 9,360 SF
      70 Raymond Ave, Pasadena, CA 91103-3970
      View Details
    • Value Estimation
      $260,000
      1,050 SF

      467 Fair Oaks Ave

      RESTAURANT • 1,050 SF
      467 Fair Oaks Ave, Pasadena, CA 91103-3621
      View Details
    • Value Estimation by Request
      10,350 SF

      114 Un St

      RESTAURANT • 10,350 SF
      114 Un St, Pasadena, CA 91103-3628
      View Details
    • Value Estimation by Request
      2,812 SF

      140 Orange Grv Blvd

      RESTAURANT • 2,812 SF
      140 Orange Grv Blvd, Pasadena, CA 91103-3423
      View Details

    Similar Nearby for Sale

    • $5,199,999

      Three Pasadena Properties For Sale

      Three properties being sold together near the Rose Bowl.
      451 Del Monte St, Pasadena, CA 91103
      View Details
    • $1,595,000
      2,636 SF

      Retail/Office Building For Sale

      Retail/office building in Pasadena with prime street frontage and parking.
      1139 S Fair Oaks Ave, Pasadena, CA 91103
      View Details
    • $850,000
      2,139 SF

      Vacant Retail Space with Parking

      Single-story retail property with parking and beer & wine license.
      1507 Lincoln Ave, Pasadena, CA 91103
      View Details
    • $8,350,000
      10,527 SF

      Pasadena Creative Office Building

      Historic Charm, Prime Location, Owner/User
      118-128 Fair Oaks Ave, Pasadena, CA 91103
      View Details
    • $1,550,000
      Pending

      Pasadena Multifamily Income Property

      Six-unit residential income property in prime Pasadena location.
      965 N Summit Ave, Pasadena, CA 91103
      View Details
    • $2,200,000
      0.45 Acres

      Pasadena Land with Approved Plans

      Half-acre lot with architectural plans for a Sea Ranch property.
      1409 El Mirador Dr, Pasadena, CA 91103
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      16,026 SF

      Prime Pasadena Retail Space

      8,013 SF Available in Historic District
      42 De Lacey Ave, Pasadena, CA 91103
      View Details
    • $3 SF/Yr
      3,188 SF

      Restaurant Space Available For Lease

      Second generation restaurant space available for lease.
      33-37 E Union St, Pasadena, CA 91103
      View Details
    • $36 SF/Yr
      9,711 SF

      Pasadena Retail Space Available

      High-visibility retail spaces, ample parking.
      701-727 Fair Oaks Ave & Orange Grv, Pasadena, CA 91103
      View Details
    • $45 SF/Yr
      14,750 SF

      Pasadena Restaurant - Prime Location

      Historic Charm, Established Restaurant, High-Traffic Area
      33 Union St, Pasadena, CA 91103
      View Details
    • $3 SF/Yr
      3,315 SF

      Restaurant Space Available in Pasadena

      Second generation restaurant space available for rent in Pasadena.
      87-91 N Raymond Ave, Pasadena, CA 91103
      View Details
    • $4 SF/Yr
      1,709 SF

      Retail Space with Mezzanine

      Retail space featuring a mezzanine level in Pasadena, CA.
      1167-1169 S Fair Oaks Ave, Pasadena, CA 91103
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    40 Pasadena Ave
    Pasadena, CA 91103-3626
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.