188 N Daisy Avenue, Pasadena, CA 91107
Commercial property
Sold November 2024
Listing Agent: JUSTIN CHU (DRE #01900624) · Listing Office: KELLER WILLIAMS REALTY · Contact: 626-321-3211 · Bought with: NONE NONE · None MRML · MLS #WS23020896 · Source: CRMLS
How this sale compares
188 N Daisy Avenue sold for $2,450,000 in November 2024, 2.0% under its $2,500,000 list price, after 286 days on the market. It was first listed at $2,600,000.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
Description
We are selling the following body shop. Pete's Collision Center is located at 188 N Daisy Ave, Pasadena, CA 091107. Essentially it is a fully equipped turn-key shop and has a Grandfathered semi-down spray booth and a dedicated paint mixing room. It also has a Chief measuring system, Cellette bench, and ProSpot equipment, along with many other lifts, frame machines, and a total of 9 bays on a 7,700 sq ft lot. The owner appraised the property and the business and has an assumable $2,130,000 loan from the SBA. All the equipment has been paid off and would be included in the sale. Thus you can either buy only the shop and sign a long-term triple net lease, or assume the loan and buy both the land and the shop.
Listing description from the November 2024 sale, as reported to CRMLS.
Sale history