42 S De Lacey Ave Pasadena, CA 91103
For Lease
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This exceptional retail or restaurant opportunity is located at 42 S De Lacey Ave in the heart of Old Pasadena, California. The property, built in 1927 and renovated in 2003, offers a total of 16,026 square feet across a single suite, with 8,013 square feet currently available for lease. This presents a unique chance to establish a presence in a vibrant and highly sought-after area. The building's rich history blends seamlessly with modern amenities, creating a desirable space for a variety of businesses. The location within Old Pasadena ensures high foot traffic and visibility, benefiting from the area's strong reputation and established clientele. Parking is conveniently provided via city parking options. The property is classified as Commercial, with a Multiple Tenancy designation, indicating potential for future expansion or subleasing. This single-suite building is situated in Los Angeles County, zip code 91103, offering easy access to major transportation routes and a thriving community. The substantial square footage provides ample space for a large-scale operation or the potential to be divided for multiple tenants. This is a rare opportunity to secure a prominent location in one of Southern California's most desirable commercial districts.
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Room & Board Design Studio Furniture & Home Goods Home Decor Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PSC- · Pasadena, CAPasadena. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.