Financial
Distress signals
Property profile

31 S Parkwood Ave Pasadena, CA 91107

FOR SALE
Other apartment buildings
Property ID
US09-6825108
5,322 SF 0.23 ac lot Built 1958
Last sale Mar 2022 · $5,898,000
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.
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Property summary

AI-generated overview

The portfolio consists of two multi-family apartment properties in Pasadena, California: (1) an 8-unit garden-style apartment building at 31 N Parkwood, constructed in 1958, with 5,322 square feet of living area on a 10,100 square foot lot zoned R3; the unit mix includes one 3-bedroom/2-bath unit and seven 1-bedroom/1-bath units, and the property has secured gate entrances with security cameras in common areas, upgrades including new flooring, updated kitchens with dishwashers and stainless

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?
$33k
Tax billed · 2024
Assessed value$2.83M
Assessed land$1.13M
Assessed improvement$1.69M
Effective rate1.16%

Value estimate

· Sep 2026
$4.04M
$3.64M – $4.44M
AI approach$4.21M
NOI build-up
Gross scheduled income$2.29M
Vacancy & credit loss−$16k
Operating expenses−$1.02M
NOI · 37,923.27% cap applied$1.25M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$403/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$301 – $489
Qualifying comparables9

Cap rate analysis

How does the asset earn?
37,923.27%
$1.25M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PSR3
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Food Market
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Food Market15.2
Grocery Store14.0
Clothing Store10.5

Location

31 S Parkwood Ave Pasadena, CA 91107
County assessor Recorded deeds · 15 transfers 9 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
171 Sierra Madre, Pasadena, CA 91107-4135 $2,330,000 Jan 2026 6,064 SF
2458 Mohawk, Pasadena, CA 91107-4211 $4,543,000 Nov 2024 5,036 SF
113 Grand Oaks, Pasadena, CA 91107-3603 $2,126,000 Jun 2024 6,448 SF
72 El Nido, Pasadena, CA 91107-4401 $1,550,015 Aug 2023 4,914 SF
1837 Colorado, Pasadena, CA 91107-5801 $5,898,058 Mar 2022 4,608 SF
260 Linda Rosa, Pasadena, CA 91107-3234 $2,350,023 Dec 2021 6,068 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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