Property profile

1505 Msn St South Pasadena, CA 91030

OFF-MARKET
Turn key restaurants
Property ID
US09-9058050
3,052 SF 0.13 ac lot Built 1923
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1923
Construction TILT-UP CONCRETE
Total area 3,052 SF
Lot 0.13 ac (5,763 SF)
Zoning code SPC1*
APN 5315-003-048
UPID US09-9058050

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
  • Restaurant
  • IT Consulting Firm Tech Support Center

Location

1505 Msn St South Pasadena, CA 91030-3215
South Pasadena metro Census 480500 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
$796k
Blend (final) Blend
$615k

Owner & transaction history

since 2017
4 recorded transactions
2017
$2.1M
1999
Price N/A
1989
$302,500
1969
Price N/A

Zoning & alternative use

SPC1* · South 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
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