Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,865,000
Office buildings
1949 Huntington Dr South Pasadena, CA 91030-4989
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8464647
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1905
Construction
WOOD
Total area
5,356 SF
Lot
0.33 ac (14,327 SF)
Zoning code
SPC1*
APN
5321-038-017
UPID
US09-8464647
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
-
Fast Electrical Pros of South Pasadena Electrical Service General Contractor
-
Pacific Trauma Treatment Center Crisis Center Medical Clinic
-
Huntington Nannies Employment Agency
-
Jacqueline Woods, LMFT Counselor
-
Pei Li Zhong-Fong, Lac Alternative Medicine Practice Acupuncture
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.96M
CAP Approach
CAP
$1.92M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.87M
Owner & transaction history
1949 Huntington LLC · 5 yrs held
1949 Huntington LLC
since 2020
Last sale
$1.8M
4 recorded transactions
Zoning & alternative use
SPC1* · South Pasadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.5M
+3.1%
Medical building
$2.4M
+1.4%
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
$1,935,000
ML approach
$1,955,000
CAP Approach
CAP Return
Estimation
6%
$2,080,000
6.5%
$1,920,000
7%
$1,785,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,400,000
Current use
AUTO REPAIR, GARAGE
$2,475,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$2,435,000
Change: +1% · Conversion: Easy
RETAIL STORES
$2,055,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$1.87M
Range $1.68M – $2.05M · ±10% · vs last sale $1.76M (Sep 25 2020)
Last sale anchor
$1.76M
Sep 25 2020
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
$348 / 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
$23,752
Tax year 2024
Assessed value
$1,867,724
Assessed 2024
Previous assessed
$1,867,724
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$1,307,407
Assessed improvement
$560,317
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1905
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Units
1
Bathrooms
4
Total area
5,356 SF
Lot
0.33 ac (14,327 SF)
Zoning code
SPC1*
APN
5321-038-017
UPID
US09-8464647
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SPC1* · South Pasadena, CA
Zoning SPC1* · permitted uses
SPC1* · 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
OFFICE BUILDING Current
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.4M
RETAIL STORES
Est. value
$2.1M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1905
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Units
1
Bathrooms
4
Lot
0.33 ac
Current owner
From public records · entity-resolved
1949 Huntington LLC
Entity
Mailing address
129 W NEWMARK AVE, MONTEREY PARK, CA 91754-2813
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2020
$1,760,000
1949 Huntington LLC
William E Freije
Grant Deed
$1,400,000 · Golden Bank NA
Jul 16, 2009
—
Freije Trust
Freije Trust
Quit Claim Deed
related
—
Feb 18, 2009
—
Freije Trust
Freije W E & T D Trust
Quit Claim Deed
related
—
—
—
Freije,tr
—
Deed Of Trust
related
$200,000 · Bank Of America
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1949 Huntington Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
