46 E Colorado Blvd, Pasadena, CA 91105
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46 E Colorado Blvd Pasadena, CA 91105

$498,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$498,000 Get Pre-Qualified

Map preview of 46 E Colorado Blvd, Pasadena, CA 91105

Property Overview: 46 E Colorado Blvd Pasadena, CA has -- bedrooms, -- bathrooms, -- living square feet and 2,590 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to the rare and prime location: SORRISO-Bar Celona! Located in the heart of the bustling streets of Old Town Pasadena, this exceptional Italian restaurant offers more than a Class 47 liquor license- it presents an array of features and expansion possibilities, making it the epitome of a business opportunity. The restaurant's storefront is adorned with three generously sized glass windows, offering a transparent and inviting view into the vibrant interior. These expansive panels allow passersby to catch glimpses of the warm ambiance and culinary delights within, creating an enticing allure for potential patrons. Sorriso holds a coveted Sidewalk Dining Permit to create an inviting al fresco dining experience with 20+ exterior seating options. Explore the potential for additional outside seating and alley and street dining options (an additional 50+ seats) through an application with the City of Pasadena. The listing price includes bulk assets, including all fixtures, equipment, furnitures, POS (NCR/Aloha), inventories, and A/V electronics. The restaurant has a brand new, state-of-the-art kitchen that includes: an exhaust system, fire suppression system, electrical, plumbing, and sewer lines. This modern kitchen is designed to meet the highest culinary standards. Sorriso Restaurant prioritizes guest comfort with 2 new ADA compliant restrooms and 3 upgraded restrooms to ensure a positive and inclusive dining experience. There are options to change the restaurant name, menu, and dishes. The property owner is motivated for a long term lease - at Market Rate. Don't miss the opportunity to own a restaurant that exceeds your expectations. Sorriso Restaurant is more than just a space; this is a strategic investment with the potential for growth and expanded revenue streams.

Listed by Phyllis Cheng | BRE #01526442 | Titan One Real Estate
Last checked: 4 minutes ago | Last updated: May 8th, 2024 | Source CRMLS | DOM: 7
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Home details

Lot Sq. Ft
2,590
HOA Dues
$0/mo
Year built
1888
Garage
--
Property Type:
Business
Status
Active
MLS#
AR24091549
City
Pasadena
County
Los Angeles
Time on Site
10 days

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Property Details for 46 E Colorado Blvd

Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 5722028015
Location / Neighborhood
Location Information
  • Directions: South of 210 Freeway, East of Far Oaks Ave., West of Arroyo Pkwy, North of 10 Freeway
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Sale History for 46 E Colorado Blvd

View property's historical transactions
  • May, 2024

  • May 8, 2024

    Date

    Active

    CRMLS: AR24091549

    $498,000

    Price

  • May, 2024

  • May 7, 2024

    Date

    Canceled

    CRMLS: AR24076298

    $598,000

    Price

  • Apr 17, 2024

    Date

    Active

    CRMLS: AR24076298

    $598,000

    Price

  • Listing provided courtesy of CRMLS

  • April, 2024

  • Apr 17, 2024

    Date

    Canceled

    CRMLS: AR24022200

    $598,000

    Price

  • Jan 30, 2024

    Date

    Active

    CRMLS: AR24022200

    $1,300,000

    Price

  • Listing provided courtesy of CRMLS

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Tax History for 46 E Colorado Blvd

Assessed Value (2020): $614,362
Year Land Value Improved Value Assessed Value
2020 $241,253 $373,109 $614,362

Home Value Compared to the Market

This property vs the competition

46 E Colorado Blvd is listed 58.5% lower than the median list price for the city of Pasadena which has a median list price of $1,200,000.

About 46 E Colorado Blvd

Detailed summary of property

46 E Colorado Blvd is a business located in Pasadena, CA 91105 and is currently for sale. This business offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 2,590 square foot lot. 46 E Colorado Blvd was first listed on ArdentRealEstateGroup.com on May 8, 2024. The homeowner is currently asking $498,000. The median priced home in Pasadena is $1,200,000 with a median price per square foot of $784. Based on Ardent Real Estate Group's Pasadena Market Data, this home is listed 58.5% lower than the median priced home. Local competing homes currently for sale include 1429 Cherry Avenue, 1429 Long Beach and 405 S Brookhurst St. While the average home in Pasadena, CA is selling in 51 days, 46 E Colorado Blvd has a days on market of 7 days. There are currently 278 homes for sale in the Pasadena real estate market and 169 of them are single family homes while 83 of them are condos and 26 are townhomes. For more information on this home for sale at 46 E Colorado Blvd Pasadena, CA 91105 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 46 E Colorado Blvd

Public county record property details
Beds
--
Baths
--
Year built
1888
Sq. Ft.
3,839
Lot Size
2,597
Stories
1
Type
Store/Office (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,12
APN
5722-028-015

The source for these homes facts are from public records.

91105 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,750,000
Median List Price/Sq.Ft.
$873
Median Sold Price
$1,702,000
Median Sold Price/Sq.Ft.
$879
Total Inventory
49
Median Sale to List Price %
115.39%
Avg Days on Market
18
Loan Type
Conventional (20%), FHA (0%), VA (0%), Cash (46.67%), Other (26.67%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.