Property profile

123 Marengo Ave Pasadena, CA 91101

OFF-MARKET
Office buildings
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Property ID
US10-0319687
90,236 SF 1.64 ac Built 1986
Last sale Feb 2022·$59,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$693k
Tax billed · 2024
Assessed value$61.38M
Assessed land$15.61M
Assessed improvement$45.78M
Effective rate1.13%

Value estimate

· Nov 2026
$43.40M
$39.06M – $47.74M
CAP approach$31.72M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$615/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$338 – $951

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?
PSC-
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
Laundromat8.6
Mobile Phone Store8.1
Veterinary Clinic6.8

Location

123 Marengo Ave Pasadena, CA 91101-2428
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
253 Los Robles, Pasadena, CA 91101-2830 $11,100,000 Jun 2025 43,544 SF
790 Colorado, Pasadena, CA 91101-2113 $31,500,000 May 2025 139,500 SF
201 Lk, Pasadena, CA 91101-3004 $254,000,000 Dec 2023 121,718 SF
251 Lk, Pasadena, CA 91101-3003 $254,000,000 Dec 2023 203,067 SF
225 Lk, Pasadena, CA 91101-3005 $254,000,000 Dec 2023 255,343 SF
2 Lk, Pasadena, CA 91101-1858 $62,000,620 Aug 2021 193,860 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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