590 Lk Ave Pasadena, CA 91101-1218

Exceptional investment opportunity: a 1,750 square foot, single-story auto repair shop in Pasadena, CA. This turnkey business, established in 1967, is offered as a sale-leaseback, providing immediate income generation. Located at 590 N Lake Ave, Pasadena, CA 91101, the property boasts a prime location near the 210 and 134 freeways, ensuring high visibility and accessibility. The 7,024 square foot lot provides ample space, including 7 parking spaces. The building is zoned PSC- and features a strong, established tenant with a loyal customer base, offering a stable and consistent revenue stream. The asking price is $1,550,000, translating to $885.71 per square foot. This represents a rare chance to acquire a recession-resistant asset in a high-demand market with potential for future rent increases. The property's strong demographics and convenient freeway access contribute to its exceptional investment potential. This sale-leaseback opportunity is ideal for owner-users and investors seeking a stable, high-return investment. The Los Angeles County location, combined with the existing successful business, presents a compelling opportunity for immediate income and long-term growth. The property's APN is 5732-015-024.