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Property profile & analytics
OFF-MARKET
Estimated value
$2,540,000
Warehouses
123 Bellevue Dr Pasadena, CA 91105-2549
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7839973
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1988
Construction
TILT-UP CONCRETE
Total area
18,514 SF
Lot
0.92 ac (40,013 SF)
Zoning code
PSC-
APN
5713-034-058
UPID
US09-7839973
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
-
Pasadena Plumbing Experts Plumbing Service General Contractor
-
Measurement Science Enterprise Consultant
-
Los Angeles County Ambulance Association Ambulance Service
-
General Medical Co Medical Clinic
-
Applied Minds IT Consulting Firm (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.54M
Owner & transaction history
May Takata · 4 yrs held
May Takata
since 2022
Last sale
$30,000
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$137 / 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
$37,035
Tax year 2024
Assessed value
$3,016,528
Assessed 2024
Previous assessed
$3,016,528
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,407,618
Assessed improvement
$1,608,910
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
18,514 SF
Lot
0.92 ac (40,013 SF)
Zoning code
PSC-
APN
5713-034-058
UPID
US09-7839973
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
1988
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
May Takata
Individual
Mailing address
3705 RALSTON AVE, HILLSBOROUGH, CA 94010-6735
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2022
—
May Takata
—
Deed
related
$2,373,000 · Jpmorgan Chase Bank NA
Mar 21, 2022
—
May Takata
May Takata
Deed Of Distribution
related
—
Sep 2, 2021
—
Eleen Jew
Eleen Jew
Intrafamily Transfer
related
—
Jun 15, 2016
—
Eugene Takata
—
Deed
related
$2,640,000 · Jpmorgan Chase Bank NA
Oct 20, 2015
—
Takata Family Trust
Takata,eugene & May
Quit Claim Deed
related
—
Apr 30, 1996
$30,000
Michael J Shigezane
Jew,eleen
Grant Deed
—
Jan 30, 1989
$166,500
Michael J Et Al Shigezane
Unknown
Grant Deed
—
Jan 30, 1989
$323,000
Exchange Servs
Lpi/1
Trustees Deed
related
—
Jan 30, 1989
$1,342,000
Shigezane Michae
Exchange Servs
Trustees Deed
related
$1,500,000 · First Savs&ln
—
—
Eugene Takata
—
Deed Of Trust
related
$1,525,000 · California Federal 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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