Financial
Distress signals
Property profile

720 N Lake Ave Pasadena, CA 91104

FOR SALE
Retail space
Property ID
US09-8462346
9,810 SF 0.59 ac lot Built 1998
Last sale Apr 1997 · $390,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 27-yr Hold Held for 27 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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720 N Lake Ave, Pasadena, CA 91104 For Sale
$500,000 9,810 SF
720 N Lake Ave, Pasadena, CA 91104
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Property summary

AI-generated overview

The property is a restaurant space located at 720 N Lake Ave, Unit 8, in Pasadena’s North Lake neighborhood. It is situated in an area with surrounding neighborhood retail and dining uses, with access to Old Pasadena and the Rose Bowl, and regional connectivity via the 210 Freeway. The premises are positioned in a location characterized by both pedestrian and vehicle traffic, suitable for restaurant or related food service operations.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$22k
Tax billed · 2024
Assessed value$1.55M
Assessed land$623k
Assessed improvement$928k
Effective rate1.43%

Value estimate

· Sep 2026
$2.12M
$1.91M – $2.33M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$497/SF
Submarket average, outlier-cleaned · 89 recorded sales of this use type
Observed band · Q1–Q3$339 – $740
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PSC-
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic8.8
Bike Shop8.3
Pet Store8.1

Location

720 N Lake Ave Pasadena, CA 91104
County assessor Recorded deeds · 6 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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