Technical
Financial
Distress signals
Property profile

123 Lk Ave Pasadena, CA 91101

OFF-MARKET
Banks
Property ID
US09-6240961
6,000 SF 0.26 ac lot Built 1960
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is an office building located in Pasadena, California. It is configured as a fully leased commercial office asset, with no currently identified vacant space.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1960
Construction TILT-UP CONCRETE
Total area 6,000 SF
Lot 0.26 ac (11,111 SF)
Zoning code PSC-
APN 5734-035-008
UPID US09-6240961

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Insurance Agency
  • Loan Service Bank
  • Loan Service Bank

Location

123 Lk Ave Pasadena, CA 91101-2604
Pasadena metro Census 463601 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2018
6 recorded transactions
2020
Price N/A
2019
Price N/A
2018
Price N/A
2001
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

PSC- · Pasadena, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 123 Lk Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message