20 E Union 110 Pasadena, CA ^$ 50,000

20 E Union 110

^$ 50,000

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20 E Union 110

Pasadena, CA, 91103

^$ 50,000

Studio Baths0.0

Monthly Estimate*

^$ 349

Listed by Urban Realty Group

20 E Union 110, Pasadena, CA 91103 - Image 1

20 E Union 110, Pasadena, CA 91103 - Image 2

20 E Union 110, Pasadena, CA 91103 - Image 3

20 E Union 110, Pasadena, CA 91103 - Image 4

20 E Union 110, Pasadena, CA 91103 - Image 5

20 E Union 110, Pasadena, CA 91103 - Image 6

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20 E Union 110, Pasadena, CA 91103 - Image 8

20 E Union 110, Pasadena, CA 91103 - Image 9

Studio

Commercial Property for sale in Pasadena, CA

for $50,000.

Presently an upscale tea beverage shop in PRIME Old Town Pasadena. The new concept tea shop has been known as Cha Redefine and generated significant followers for high quality tea beverage in greater LA area. This is not a franchise opportunity so buyer can use different trade name other than the present trade name. The space was completely renovated in 2020 to bring the highest quality craft and design to a beverage shop, and the complete built out is over 200k plus over 40k equipment included in the asking price. The existing lease has a base rent of $4,799.01 per month + approx. $1100 NNN with 3% increase annually. This is truly a singular exceptional business opportunity for any beverage entrepreneurs/investors looking to expand their business and tap into the old town Pasadena area.

Commercial Active

Price

^$ 50,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

AR24004849

Days on Market

109

Features

Exterior

Inclusions all equipment leasehold improvements

Spa N

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

General

Exclusions Cha Redefine branding related inventories patent trademark etc.

Unit Number 110

Business Type FoodBeverage

Business Name Cha Redefine

County Los Angeles

New Construction N

Property Type BusinessOpportunity

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Status Active

Directions Intersection of Union St and Fair Oaks Ave.

City Pasadena

View Y/N N

Senior Community Y/N N

MLS Area 645 - Pasadena (NW)

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Union

Listing Terms Cash CashtoExistingLoan CashtoNewLoan Conventional

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N Y

Additional Parcels Y/N N

Leasable Area 635.0

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 23

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Owner

Total Actual Rent 57588.0

Ownership Type Corporation

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Electric On Property Y/N N

Internal Only

Street Number 1 20

* Excluded Features

List By

Urban Realty Group

Broker

(408) 505-5828

Phone

Affordability Calculator

$349

Per Month

Monthly Principal & Interest: $349
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Pasadena, CA

Average List Price ^$1,951,489

Percent of Sale Price 3,803%

About Pasadena, CA

141,450 Population

6% Since 2002

^$77,514 Median Income

39.52 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/1/2024	$50,000	-37.50%	Price Down
1/20/2024	$80,000	-33.33%	Price Down
1/10/2024	$120,000		Listed Price

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20 E Union 110, Pasadena, CA, 91103 is a Commercial Property for sale at $50,000. 20 E Union 110 is a studio with 0.0 baths. The property's zip code is 91103 which is in Pasadena, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/27/2024. 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.

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20 E Union 110

Commercial Property for sale in Pasadena, CA

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