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Property profile & analytics
OFF-MARKET
Apartment buildings
1079 Smt Ave Pasadena, CA 91103-2630
Trust Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-7545593
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1960
Construction
WOOD
Total area
4,896 SF
Lot
0.45 ac (19,438 SF)
Zoning code
PSR1
APN
5728-003-027
UPID
US09-7545593
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Molina-kong Living Trust · 10 yrs held
Molina-kong Living Trust
since 2016
7 recorded transactions
Zoning & alternative use
PSR1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$18,073
Tax year 2024
Assessed value
$1,444,857
Assessed 2024
Previous assessed
$1,444,857
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,119,112
Assessed improvement
$325,745
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
NONE
Cooling
YES
Units
8
Bathrooms
8
Total area
4,896 SF
Lot
0.45 ac (19,438 SF)
Zoning code
PSR1
APN
5728-003-027
UPID
US09-7545593
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PSR1 · Pasadena, CA
Zoning PSR1 · permitted uses
PSR1 · 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
1960
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
8
Bathrooms
8
Lot
0.45 ac
Current owner
From public records · entity-resolved
Molina-kong Living Trust
Trust
Mailing address
PO BOX 60762, PASADENA, CA 91116-6762
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2023
—
Raymond Charles Kong
—
Deed
related
$2,000,000 · Jpmorgan Chase Bank NA
Oct 26, 2020
—
Raymond Charles Kong
—
Deed
related
$2,064,000 · Jpmorgan Chase Bank NA
Aug 21, 2018
—
Molina-kong Living Trust
—
Deed
related
$2,015,000 · Jpmorgan Chase Bk NA
Jun 7, 2016
—
Molina-kong Living Trust
Kong,raymond
Quit Claim Deed
related
—
Aug 4, 2006
—
Raymond Kong
Ethel Ezell Simien
Grant Deed
$930,000 · Washington Mutual Bank
Jan 7, 2004
$90,000
William Ezell
Harris,margaret E
Grant Deed
—
Apr 8, 1999
—
Marris,margaret Tr
—
Deed Of Trust
related
—
Aug 2, 1994
—
Harris,margaret Trustee
Ezell,b
Quit Claim Deed
related
—
—
—
Karen L Ezell
—
Deed Of Trust
related
$155,550 · First California Mortgage Co
—
—
De Oca Manuel Montes
—
Deed Of Trust
related
$15,793 · Household Finance Corp Ca
—
—
Molina-kong Living Trust
—
Deed Of Trust
related
$2,015,000 · Jpmorgan Chase Bk NA
Apr 15, 1968
—
—
—
Grant Deed
related
—
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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