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Property profile & analytics
OFF-MARKET
Retail space
1640 Washington Blvd Pasadena, CA 91104-2746
Individually Owned
25-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6329047
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1921
Construction
WOOD
Total area
1,380 SF
Lot
0.12 ac (5,297 SF)
Zoning code
PSC-
APN
5742-001-018
UPID
US09-6329047
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
-
Soccer Plus (Bike/Boat/Book/etc) Store
-
DillusionalMinds Production Facility (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Josef Moumjian · 25 yrs held
Josef Moumjian
since 2000
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
—
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
$4,854
Tax year 2024
Assessed value
$361,915
Assessed 2024
Previous assessed
$361,915
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$233,403
Assessed improvement
$128,512
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1921
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
1,380 SF
Lot
0.12 ac (5,297 SF)
Zoning code
PSC-
APN
5742-001-018
UPID
US09-6329047
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
1921
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Josef Moumjian
Individual
Mailing address
1236 WESLEY AVE, PASADENA, CA 91104-3159
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2000
$245,000
Josef Moumjian
Kopoushian,setrak
Grant Deed
$206,000 · Union Fsb Indianapolis
Jul 23, 1997
—
Setrak Kopoushian
Ambartsouhian,g
Quit Claim Deed
related
—
Apr 26, 1994
—
Gagik Ambartsoumian
Avetisian,h
Quit Claim Deed
related
—
Apr 26, 1994
$113,500
Ambartsouhian,gagik
Kopoushian,setra
Trustees Deed
$60,000 · Seller
Sep 17, 1990
—
Setra Kopoushian
Kopoushian Makro
Quit Claim Deed
related
$100,000 · First Federal Savings & Loan
—
—
Oberm
—
Deed Of Trust
related
$8,894 · Mesa Loan Service INC
—
—
Josef Moumjian
—
Deed Of Trust
related
$60,000 · Hedley Mary J Living Trust
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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