Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    171 Los Robles Ave Pasadena, CA 91101-2417

    • Office buildings
    • 5,945 SF
    • 0.35 lot acres
    OFF-MARKET
    Value Estimations
    $1,905,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-0311422
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tao of Wellness Pasadena / Medical Clinic / Alternative Medicine Practice
    • MÜV / Gym & Fitness Center
    • Harry Kamp Clothiers / Clothing & Fashion Store

    Property Details for 171 Los Robles Ave

    Year built
    1926
    Construction
    TILT-UP CONCRETE
    Lot size
    0.35 lot acres
    Property size
    5,945 SF
    Zone code
    PSC-
    Property type
    Office buildings
    APN
    5722-030-014
    APU
    5722030014

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,265,000
      6.5%
      $2,090,000
      7%
      $1,940,000

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $2,975,000
      RETAIL STORES
      $2,955,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Los Angeles
    State
    California
    Longitude
    -118.142
    Latitude
    34.1428
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $29,176
    $1,104,660
    $1,400,444
    $2,505,104
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,790,000
      9,000 SF

      388 Lk Ave

      OFFICE BUILDING • 9,000 SF
      388 Lk Ave, Pasadena, CA 91101-3508
      View Details
    • Value Estimation
      $5,185,000
      24,283 SF

      141 Madison Ave

      PROFESSIONAL BUILDING • 24,283 SF
      141 Madison Ave, Pasadena, CA 91101
      View Details
    • Value Estimation
      $5,495,000
      23,584 SF

      297 Marengo Ave

      OFFICE BUILDING • 23,584 SF
      297 Marengo Ave, Pasadena, CA 91101-1567
      View Details
    • Value Estimation
      $3,015,000
      15,922 SF

      95 Marengo Ave

      OFFICE BUILDING • 15,922 SF
      95 Marengo Ave, Pasadena, CA 91101-1764
      View Details
    • Value Estimation
      $890,000
      3,772 SF

      540 El Dorado St

      OFFICE BUILDING • 3,772 SF
      540 El Dorado St, Pasadena, CA 91101-2558
      View Details
    • Value Estimation
      $17,245,000
      79,194 SF

      299 Euclid Ave

      OFFICE BUILDING (MULTI-STORY) • 79,194 SF
      299 Euclid Ave, Pasadena, CA 91101-1582
      View Details

    Similar Nearby for Sale

    • $2,598,000

      Creative Office Building in Pasadena

      Two-story creative office building in Pasadenas Playhouse District.
      234 N El Molino Ave, Pasadena, CA 91101
      View Details
    • $9,532,530
      18,894 SF

      Pasadena Office Building Portfolio

      Four contiguous office buildings in Pasadena's Civic Center Financial District.
      28-44 E Union St, Pasadena, CA 91101
      View Details
    • $3,995,000

      Repurposed Creative Office Building

      Unique Pasadena office building, fully renovated in 2020.
      390 E Walnut St, Pasadena, CA 91101
      View Details
    • $20,000,000
      25,040 SF

      Historic Pasadena Office Building

      Prime location, Craftsman-style, 25,040 SF
      95 Marengo Ave, Pasadena, CA 91101
      View Details
    • $2,800,000
      5,012 SF

      Pasadena Creative Office Building

      Playhouse District gem, 5,012 sq ft.
      234 El Molino Ave, Pasadena, CA 91101
      View Details
    • Contact for pricing
      116,458 SF

      Pasadena Office Sublease Opportunity

      1980 SF Office, Parking, Great Location
      70 Ave, Pasadena, CA 91101
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Building Fully Leased

      Office building in Pasadena, CA, currently 100% leased.
      89 S Lake Ave, Pasadena, CA 91101
      View Details
    • $4 SF/Yr
      73,003 SF

      Pasadena Towers Office Space

      Prestigious corner location at South Lake and East Colorado.
      800 East Colorado Blvd, Pasadena, CA 91101
      View Details
    • Contact for pricing

      Fully Leased Pasadena Office Building

      Office building in Pasadena, currently 100% leased.
      770-784 E Green St, Pasadena, CA 91101
      View Details
    • Contact for pricing

      Office Building 100% Leased

      Office building in Pasadena, CA, currently 100% leased.
      123 N Lake Ave, Pasadena, CA 91101
      View Details
    • Contact for pricing
      894 SF

      Pasadena Office Space Available

      Office space for rent in Pasadena, approximately 894 square feet.
      325 Cordova St, Pasadena, CA 91101
      View Details
    • $39 SF/Yr
      2,401 SF

      Lake Cordova Executive Suites

      Pasadena Office Space For Lease
      0 200 - 202 Lk, Pasadena, CA 91101
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    171 Los Robles Ave
    Pasadena, CA 91101-2417
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!