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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Medical Office Space
1035 Fair Oaks Ave Pasadena, CA 91105-2699
Trust Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7840061
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1924
Construction
WOOD
Total area
6,126 SF
Lot
0.14 ac (6,000 SF)
Zoning code
PSC*
APN
5719-021-002
UPID
US09-7840061
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hanger Clinic: Prosthetics & Orthotics Orthotics & Prosthetics Service Medical Clinic
-
Pierre-William Althea Physician
-
Institute for Regenerative Medicine and Clinical Research Research Institute
-
Pasadena Surgery Center Medical Clinic Hospital
-
Dr Zappaterra Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$544k
Blend (final)
Blend
$880k
Owner & transaction history
Varga Trust · 7 yrs held
Varga Trust
since 2019
7 recorded transactions
Zoning & alternative use
PSC* · Pasadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pasadena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasadena submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$880k
Range $792k – $968k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$144 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$30,846
Tax year 2024
Assessed value
$2,613,810
Assessed 2024
Previous assessed
$2,613,810
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$2,132,608
Assessed improvement
$481,202
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1924
Construction
WOOD
Heating
NONE
Stories
1
Total area
6,126 SF
Lot
0.14 ac (6,000 SF)
Zoning code
PSC*
APN
5719-021-002
UPID
US09-7840061
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PSC* · Pasadena, CA
Zoning PSC* · permitted uses
PSC* · Pasadena, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pasadena. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1924
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Varga Trust
Trust
Mailing address
1 N LA SALLE ST STE #2100, CHICAGO, IL 60602-3918
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2019
—
Varga Trust
Varga Trust
Quit Claim Deed
related
—
May 10, 2019
$11,750,000
Cs1031 So Cal Mob Dst Trust
Varga Trust
Grant Deed
$13,700,000 · Societe Generale Financial Corporation
Jul 27, 2018
—
Clayton A Varga
Alexander Varga Clayton
Intrafamily Transfer
related
—
Oct 24, 2007
—
Alexander Varga
Varga,mihaela
Quit Claim Deed
related
—
Jun 6, 2002
$1,300,000
Clayton A Varga
Environmental Planning Group
Grant Deed
$3,250,000 · Rancho Bank
Mar 9, 1995
—
Environmental,planning Grp Pro
Environmental,planning Grp Pro
Quit Claim Deed
related
—
—
—
Clayton A Varga
—
Deed Of Trust
related
$3,250,000 · Bank Of America
—
—
Environmental Planning Group
—
Deed Of Trust
related
$132,000 · Strand Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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