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Property profile & analytics
OFF-MARKET
Estimated value
$3,500,000
Office buildings
135 Grn St Pasadena, CA 91105-4131
Individually Owned
26-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6227459
Property summary
AI-generated overview
This exceptional Pasadena commercial property, located at 135-141 W Green St, 91105, offers a unique investment opportunity. The single-story building, constructed in 1991, boasts a total of 18,344 square feet situated on a 10,510 square foot lot. The property is classified as Class B and zoned PSC, providing flexibility for a variety of uses. Currently configured as both traditional office and medical office space, it features a multi-tenant setup. Two immediately available suites offer significant potential, ranging from approximately 1,500 to 2,631 square feet. The building's prime location in Pasadena, California offers excellent visibility and accessibility. The larger of the available spaces is a third-floor office suite. This property presents a compelling opportunity for businesses seeking a well-maintained, versatile space in a thriving Pasadena location. The property's address is 135-141 W Green St, Pasadena, CA 91105, and its Assessor's Parcel Number (APN) is 5713-008-024. The property type is listed as Retail, Office, with subtypes including Traditional Office, Medical Office, and Street Retail.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1991
Construction
WOOD
Total area
16,713 SF
Lot
0.24 ac (10,510 SF)
Zoning code
PSC-
APN
5713-008-024
UPID
US09-6227459
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
-
Business Legal Partners Law Firm
-
Drake Harry Architect
-
Practice Architecture Firm
-
Trust for Public Land Charitable Organization Social Service Agency
-
Aroyan & Associates Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.50M
Owner & transaction history
Ptnrs Sixty-two · 26 yrs held
Ptnrs Sixty-two
since 1999
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
$209 / 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
$54,059
Tax year 2024
Assessed value
$3,736,981
Assessed 2024
Previous assessed
$3,736,981
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$1,356,158
Assessed improvement
$2,380,823
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1991
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
16,713 SF
Lot
0.24 ac (10,510 SF)
Zoning code
PSC-
APN
5713-008-024
UPID
US09-6227459
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
1991
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Ptnrs Sixty-two
Individual
Free & Clear · 26 yrs held
Mailing address
16508 ARMINTA ST, VAN NUYS, CA 91406-1744
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2017
—
Woodbury Holdings LLC
—
Grant Deed
related
$6,800,000 · First Republic Bk
Nov 5, 1999
—
Ptnrs Sixty-two
Crown,pasadena
Grant Deed
related
—
Nov 19, 1996
$1,700,000
Crown Pasadena INC
Praedium Lake Realty LLC
Grant Deed
$1,020,000 · Wells Fargo Bank
Jul 18, 1996
—
Praedium Lake Realty
West Green Street,
Grant Deed
related
—
Apr 9, 1990
—
West Green Stree
—
Grant Deed
related
$2,500,000 · Security Pacific National Bank
Aug 23, 1989
—
West Green Stree
Old
Grant Deed
related
—
—
—
West Green Stree
—
Deed Of Trust
related
$2,200,000 · Metrobank
—
—
Old
—
Deed Of Trust
related
$75,000 · Western Security 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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