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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Apartment buildings
174 Monterey Rd, South Pasadena, CA 91030-3552
Trust Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8423212
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1954
Construction
WOOD
Total area
3,668 SF
Lot
0.19 ac (8,452 SF)
Zoning code
SPR310000*
APN
5311-003-034
UPID
US09-8423212
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
$910k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$765k
Owner & transaction history
Cu Noah L Family Trust · 6 yrs held
Cu Noah L Family Trust
since 2020
7 recorded transactions
Zoning & alternative use
SPR310000* · South Pasadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+0.8%
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 South Pasadena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$985,000
6.5%
$910,000
7%
$845,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,125,000
Current use
COMMERCIAL (GENERAL)
$1,135,000
Change: +1% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,080,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$765k
Range $689k – $842k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$209 / 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
$21,348
Tax year 2024
Assessed value
$1,640,484
Assessed 2024
Previous assessed
$1,640,484
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,067,217
Assessed improvement
$573,267
Applied tax rate
9.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1954
Construction
WOOD
Heating
CENTRAL
Cooling
YES
Buildings
2
Units
5
Bathrooms
5
Total area
3,668 SF
Lot
0.19 ac (8,452 SF)
Zoning code
SPR310000*
APN
5311-003-034
UPID
US09-8423212
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SPR310000* · South Pasadena, CA
Zoning SPR310000* · permitted uses
SPR310000* · South Pasadena, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Pasadena. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1954
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Buildings
2
Units
5
Bathrooms
5
Lot
0.19 ac
Current owner
From public records · entity-resolved
Cu Noah L Family Trust
Trust
Mailing address
1110 W 10TH ST APT #103, SAN PEDRO, CA 90731-3403
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2020
—
Cu Noah L Family Trust
Noah L Cu
Quit Claim Deed
related
—
Apr 15, 2019
—
Cu Noah L
Sopas Shangri La LLC
Quit Claim Deed
related
—
Jul 15, 2014
—
Sopas Shangri La LLC
Cu,noah L & Susana S
Quit Claim Deed
related
—
Apr 25, 2014
$1,365,000
Noah L Cu
Roybal R D & D J Trust
Grant Deed
—
Sep 12, 2008
—
Roybal R D & D J Fam Trust
Roybal,robert & Dianne
Quit Claim Deed
related
—
Jan 12, 2006
$1,200,000
Robert Roybal
Cn Grant LLC
Grant Deed
$600,000 · East West Bank
Jan 12, 2006
—
Cn Grant LLC
Grant,cris A & Nelly F
Quit Claim Deed
—
Dec 6, 2005
—
Cris A Grant
Waris,william J & Maureen A
Quit Claim Deed
related
$35,000 · Robert & Dianne Roybal
Aug 24, 2005
$990,000
Cris A Grant
Lai Michael & Cathy Trust
Grant Deed
$500,000 · Pacific Trust Bank
Sep 23, 1998
—
Lai,michael M & Cathy H Trustees
Lai,m M & C H
Quit Claim Deed
related
—
—
—
William Waris
—
Deed Of Trust
related
$258,000 · Sean M Hubert
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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