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Investment Highlights
- Prominent East Pasadena location along the Rosemead Boulevard commercial corridor
- Convenient access to the I-210 Freeway and the Metro A Line’s Sierra Madre Villa Station
- Immediately north of Huntington Drive and minutes from East Colorado Boulevard and Foothill Boulevard
- Rare freestanding retail/restaurant owner-user opportunity
Executive Summary
470 S. Rosemead Boulevard, Pasadena, CA 91107, is a landmark East Pasadena retail property being offered for sale for the first time in more than 20 years. Formerly the home of Nikki C’s, an East Pasadena dining institution for approximately 22 years, the property is offered vacant for immediate owner-user occupancy or repositioning. The asking price is $1,699,999.00, with a price per square foot of $692.46. The property includes approximately 2,455 square feet of building area situated on an approximately 10,624-square-foot lot. Built in 1949, the property features a 4.07/1,000 parking ratio, MXD zoning, and APN 5788-020-057.
This rare freestanding retail and restaurant owner-user opportunity features a brand-new roof installed in 2026, highly visible frontage along Rosemead Boulevard, prominent monument signage, dedicated on-site parking, and convenient ingress and egress. The existing restaurant configuration includes dining, bar, and back-of-house areas. The property also presents an opportunity to separately acquire the adjacent 480 S. Rosemead Boulevard. A combined acquisition could provide additional parking for a larger restaurant or retail user, potential outdoor dining or gathering areas, and an opportunity for a larger mixed-use or residential development. The flexible MXD zoning supports a variety of potential uses.
This rare freestanding retail and restaurant owner-user opportunity features a brand-new roof installed in 2026, highly visible frontage along Rosemead Boulevard, prominent monument signage, dedicated on-site parking, and convenient ingress and egress. The existing restaurant configuration includes dining, bar, and back-of-house areas. The property also presents an opportunity to separately acquire the adjacent 480 S. Rosemead Boulevard. A combined acquisition could provide additional parking for a larger restaurant or retail user, potential outdoor dining or gathering areas, and an opportunity for a larger mixed-use or residential development. The flexible MXD zoning supports a variety of potential uses.
Property Facts
Sale Type
Owner User
Property Type
Retail
Building Size
2,455 SF
Building Class
C
Year Built
1949
Price
$2,352,119 CAD
Price Per SF
$958.09 CAD
Building Height
1 Story
Building FAR
0.22
Lot Size
0.25 AC
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5788-020-057 | Improvements Assessment | $1,138,251 CAD |
| Land Assessment | $2,937,424 CAD | Total Assessment | $4,075,675 CAD |
Property Taxes
Parcel Number
5788-020-057
Land Assessment
$2,937,424 CAD
Improvements Assessment
$1,138,251 CAD
Total Assessment
$4,075,675 CAD
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470 S Rosemead Blvd
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