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Property profile

1293 Garfield Ave Pasadena, CA 91104

OFF-MARKET
Other apartment buildings
Property ID
US09-7330164
25,596 SF 1.01 ac lot Built 1962
Last sale Jul 2023 · $9,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Garfield Palms is a two-story apartment complex containing 40 units, configured as 38 one-bedroom/one-bath units, 1 two-bedroom/one-bath unit, and 1 studio/zero-bedroom/one-bath unit. The property includes on-site laundry facilities and a large private courtyard with a swimming pool, and each unit has a private covered deck of approximately 200 to 350+ square feet. Parking is provided via private covered spaces plus street parking. Several units have interior updates that may include refreshed…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$116k
Tax billed · 2024
Assessed value$9.81M
Assessed land$5.88M
Assessed improvement$3.93M
Effective rate1.19%

Value estimate

· Oct 2026
$9.36M
$8.42M – $10.30M
AI approach$9.38M
Submarket $/SF estimate$9.36M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$273/SF
ZIP average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$120 – $366
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PSR3
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm24.5
Parking Facility20.2
Skin Care Clinic17.0

Location

1293 Garfield Ave Pasadena, CA 91104-2867
County assessor Recorded deeds · 10 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
719 Garfield, Pasadena, CA 91104 $3,400,000 Jun 2025 10,571 SF
1101 Los Robles, Pasadena, CA 91104-3596 $1,667,016 May 2025 9,095 SF
1975 Washington, Pasadena, CA 91104-1745 $2,100,000 Jul 2024 7,508 SF
1559 Hl, Pasadena, CA 91104-2676 $5,500,000 Oct 2023 14,640 SF
1242 Mentor, Pasadena, CA 91104 $4,500,045 Sep 2023 10,840 SF
266 Washington, Pasadena, CA 91104 $2,460,000 Mar 2023 19,542 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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