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Property profile & analytics
OFF-MARKET
Estimated value
$2,315,000
Retail space
1060 Colorado Blvd Pasadena, CA 91106-2323
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0318648
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1952
Construction
TILT-UP CONCRETE
Total area
6,300 SF
Lot
0.21 ac (8,965 SF)
Zoning code
PSC*
APN
5735-025-007
UPID
US10-0318648
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
-
Banana Blossom Bistro (Pasadena) Take-out & Catering Catering Service
-
Boba Zzing(Allied Food Togo) Cafe & Coffee Shop
-
Allied Food To Go Restaurant
-
GrilLine Restaurant
-
ORGANICO Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.37M
CAP Approach
CAP
$2.45M
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$2.32M
Owner & transaction history
1060 E Colorado Blvd Pas LLC · 4 yrs held
1060 E Colorado Blvd Pas LLC
since 2021
Last sale
$2.3M
4 recorded transactions
Zoning & alternative use
PSC* · Pasadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.8M
+22.4%
Office building
$3.5M
+12.9%
Auto repair, garage
$3.2M
+0.6%
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
$2,295,000
ML approach
$2,365,000
CAP Approach
CAP Return
Estimation
6%
$2,655,000
6.5%
$2,450,000
7%
$2,275,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,135,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,835,000
Change: +22% · Conversion: Moderate
OFFICE BUILDING
$3,540,000
Change: +13% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,155,000
Change: +1% · Conversion: Difficult
MEDICAL BUILDING
$2,865,000
Change: -9% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,660,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$2.32M
Range $2.08M – $2.55M · ±10% · vs last sale $2.30M (Oct 28 2021)
Last sale anchor
$2.30M
Oct 28 2021
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
$367 / 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
$30,895
Tax year 2024
Assessed value
$2,670,972
Assessed 2024
Previous assessed
$2,670,972
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$1,560,600
Assessed improvement
$1,110,372
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1952
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
6,300 SF
Lot
0.21 ac (8,965 SF)
Zoning code
PSC*
APN
5735-025-007
UPID
US10-0318648
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.8M
OFFICE BUILDING
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$2.9M
INDUSTRIAL (GENERAL)
Est. value
$2.7M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1952
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
1060 E Colorado Blvd Pas LLC
Entity
Mailing address
1290 AVE OF THE AMERICAS, NEW YORK, NY 10104-0101
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2021
—
1060 E Colorado Blvd Pas LLC
—
Deed
related
$450,000,000 · Goldman Sachs Bank USA
Oct 28, 2021
$2,300,000
1060 E Colorado Blvd Pas LLC
Victor Yeh Berng
Grant Deed
—
Feb 10, 1995
$620,000
Yu-chang Yeh
Pomona College Ttee
Grant Deed
$520,000 · Seller
—
—
Yeh,tr
—
Deed Of Trust
related
$95,000 · Wells Fargo Bank
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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