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Property profile & analytics
OFF-MARKET
Estimated value
$1,970,000
Office buildings
171 El Molino Ave, Pasadena, CA 91101
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8279875
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1961
Construction
TILT-UP CONCRETE
Total area
8,096 SF
Lot
0.52 ac (22,600 SF)
Zoning code
PSC-
APN
5734-014-024
UPID
US09-8279875
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.97M
Owner & transaction history
J2k Property Management LLC · 14 yrs held
J2k Property Management LLC
since 2011
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
$243 / 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
$27,453
Tax year 2024
Assessed value
$2,191,931
Assessed 2024
Previous assessed
$2,191,931
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,534,355
Assessed improvement
$657,576
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
OTHER
Stories
1
Total area
8,096 SF
Lot
0.52 ac (22,600 SF)
Zoning code
PSC-
APN
5734-014-024
UPID
US09-8279875
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
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
J2k Property Management LLC
Entity
Mailing address
175 S EL MOLINO AVE, PASADENA, CA 91101-2564
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2016
—
J2k Property Management LLC
—
Deed
related
$1,200,000 · Mufg Union Bank NA
Jul 21, 2011
—
J2k Property Management LLC
Peter G Cooper
Grant Deed
$200,000 · Premier Commercial Bank N A
Sep 10, 1998
—
Peter G Cooper
Cooper,p G
Quit Claim Deed
related
—
Feb 21, 1990
$1,225,000
Cooper Fmly Tr
Reba Bldg
Grant Deed
$700,000 · Tokai Bank California
May 5, 1989
—
Alder Horace B
Evans
Quit Claim Deed
related
$110,000 · Far East National Bank
Dec 23, 1988
$1,500,000
James C Marsters
Reba Bldg Corp
Quit Claim Deed
related
—
—
—
Kenneth W Garrett
—
Deed Of Trust
related
$25,000 · Household Finance Corp
—
—
J2k Property Management LLC
—
Deed Of Trust
related
$1,194,100 · Zions First National Bank
—
—
Reba
—
Deed Of Trust
related
$50,000 · Far East National Bank
—
—
Peter G Cooper
—
Deed Of Trust
related
$980,000 · First Federal Bank Ca
—
—
Peter G Cooper
—
Deed Of Trust
related
$130,000 · Football Promotions Of Nev Psp
—
—
Reba Bldg
—
Deed Of Trust
related
$15,000 · Far East National Bank
—
—
Peter G Cooper
—
Deed Of Trust
related
$300,000 · Football Promotions/nevada Psp
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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