Financial
Distress signals
Property profile

281 Madison Ave Pasadena, CA 91101

OFF-MARKET
Apartment buildings
Property ID
US09-8279756
23,768 SF 0.32 ac lot Built 1962
Last sale Apr 2023 · $7,900,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 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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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?
$93k
Tax billed · 2024
Assessed value$8.06M
Assessed land$5.61M
Assessed improvement$2.45M
Effective rate1.16%

Value estimate

· Sep 2026
$7.55M
$6.79M – $8.30M
AI approach$7.20M

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$322/SF
ZIP average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$110 – $473
Qualifying comparables12

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?
PSR4
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat10.0
Mobile Phone Store8.6
Food Market7.1

Location

281 Madison Ave Pasadena, CA 91101-2880
County assessor Recorded deeds · 3 transfers 12 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 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
275 Marengo, Pasadena, CA 91101-2774 $8,750,000 Jul 2025 29,930 SF
700 Locust, Pasadena, CA 91101-7500 $21,818,181 May 2025 52,934 SF
369 Waldo, Pasadena, CA 91101-3942 $1,156,000 Dec 2024 11,544 SF
200 Madison, Pasadena, CA 91101-2827 $1,374,500 Jun 2024 11,212 SF
270 Los Robles, Pasadena, CA 91101-1513 $5,100,000 Mar 2024 24,750 SF
335 Los Robles, Pasadena, CA 91101-3267 $128,000 Feb 2024 11,294 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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