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Property profile & analytics
OFF-MARKET
Estimated value
$7,995,000
Grocery and convenience stores
1390 Allen Ave Pasadena, CA 91104-1617
Entity Owned
27-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0231152
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1976
Construction
WOOD
Total area
39,378 SF
Lot
1.94 ac (84,643 SF)
Zoning code
PSC-
APN
5852-004-054
UPID
US10-0231152
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
-
Stater Bros #0202 Specialty Food Shop Supermarket
-
Stater Bros. Markets Grocery & Convenience Store Food Market
-
Coinstar Kiosk | Bitcoin ATM Currency Exchange Service Kiosk
-
MoneyGram Bank Credit Union
-
Wells Fargo ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.00M
Owner & transaction history
Alton Plaza Development · 27 yrs held
Alton Plaza Development
since 1998
3 recorded transactions
Zoning & alternative use
PSC- · Pasadena, CA
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
$203 / 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
$50,740
Tax year 2024
Assessed value
$3,271,582
Assessed 2024
Previous assessed
$3,271,582
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$1,874,325
Assessed improvement
$1,397,257
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1976
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
39,378 SF
Lot
1.94 ac (84,643 SF)
Zoning code
PSC-
APN
5852-004-054
UPID
US10-0231152
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PSC- · Pasadena, CAZoning PSC- · permitted uses
PSC- · Pasadena, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1976
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.94 ac
Current owner
From public records · entity-resolved
Alton Plaza Development
Entity
Mailing address
1371 OAKLAND BLVD STE #200, WALNUT CREEK, CA 94596-8408
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 1998
—
Alton Plaza Development
—
Deed Of Trust
related
$1,375,000 · Santa Monica Bank
—
—
Alton Plaza Dev Co
—
Deed Of Trust
related
$2,000,000 · Column Financial INC
—
—
Alton Plaza Dev Co
—
Deed Of Trust
related
$3,300,000 · Miscellaneous Ins Co
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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