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Property profile & analytics
OFF-MARKET
Estimated value
$2,450,000
Auto shops
188 Daisy Ave Pasadena, CA 91107-3465
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-6762831
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1985
Construction
TILT-UP CONCRETE
Total area
2,895 SF
Lot
0.18 ac (7,698 SF)
Zoning code
PSC*
APN
5748-001-004
UPID
US09-6762831
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
-
Red Star Complete Car Care Auto Repair Shop
-
Pete's Collision Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.45M
Blend (final)
Blend
$2.45M
Owner & transaction history
Sh Family Properties LLC · 1 yrs held
Sh Family Properties LLC
since 2024
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
PSC* · Pasadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.8M
+21.6%
Office building
$1.6M
+12.2%
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
Method
Estimation
Statistic approach
$2,450,000
ML approach
$2,450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,760,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$1,625,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$2.45M
Range $2.21M – $2.70M · ±10% · vs last sale $2.45M (Nov 15 2024)
Last sale anchor
$2.45M
Nov 15 2024
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
$846 / 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
$25,131
Tax year 2024
Assessed value
$2,184,840
Assessed 2024
Previous assessed
$2,184,840
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$832,320
Assessed improvement
$1,352,520
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
2,895 SF
Lot
0.18 ac (7,698 SF)
Zoning code
PSC*
APN
5748-001-004
UPID
US09-6762831
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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
0.18 ac
Current owner
From public records · entity-resolved
Sh Family Properties LLC
Entity
Mailing address
188 N DAISY AVE, PASADENA, CA 91107-3465
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2024
$2,450,000
Sh Family Properties LLC
188 Daisy LLC
Grant Deed
$1,244,600 · Harvest Small Business Finance LLC
Nov 15, 2024
—
Red Star Complete Car Care INC
Sh Family Properties LLC
Deed
$895,000 · Busincss Finance Capital
Oct 15, 2021
$2,100,000
188 Daisy LLC
Peters Collision Center INC
Grant Deed
$2,140,000 · First Bank
Oct 15, 2021
—
Pete S Collision Center INC
Pkg INC
Grant Deed
—
Dec 22, 2020
—
Pkg INC
—
Deed
related
$2,100,000 · Aminam LLC
Feb 1, 2019
—
Pkg INC
Pkg INC
Grant Deed
related
$470,000 · Silver Hill Financial LLC
Mar 14, 2011
—
Pkg INC
Semerdzhyan,petros
Grant Deed
—
Oct 31, 2000
—
Derderian
Derderian,v & J
Quit Claim Deed
related
—
Oct 31, 2000
$425,000
Semerdzhyan,petros
Derderian Bros
Trustees Deed
$318,000 · Wilshire State Bank
Aug 2, 1996
—
Varoujan Derderian
Derderian,j & V
Quit Claim Deed
related
—
—
—
Petros Semerdzhyan
—
Deed Of Trust
related
$401,000 · Union Bank Of California
—
—
Petros Semerdzhyan
—
Deed Of Trust
related
—
—
—
Pkg INC
—
Deed Of Trust
related
—
—
—
Pkg INC
—
Deed Of Trust
related
$2,100,000 · Aminam LLC
—
—
Varoujan Derderian
—
Deed Of Trust
related
$195,000 · Golden Security Thrift & Loan
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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