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Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Apartment buildings
195 Wilson Ave Pasadena, CA 91106-3237
Individually Owned
36-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8267104
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1961
Construction
WOOD
Total area
36,983 SF
Lot
0.49 ac (21,457 SF)
Zoning code
PSR4
APN
5735-023-032
UPID
US09-8267104
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
$865k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.14M
Owner & transaction history
Spazier Invs · 36 yrs held
Spazier Invs
since 1989
7 recorded transactions
Zoning & alternative use
PSR4 · 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
Method
Estimation
Statistic approach
by Request
ML approach
$865,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.14M
Range $1.02M – $1.25M · ±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
$31 / 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
$75,197
Tax year 2024
Assessed value
$6,103,185
Assessed 2024
Previous assessed
$6,103,185
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,001,061
Assessed improvement
$5,102,124
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1961
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
38
Bathrooms
58
Total area
36,983 SF
Lot
0.49 ac (21,457 SF)
Zoning code
PSR4
APN
5735-023-032
UPID
US09-8267104
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PSR4 · Pasadena, CA
Zoning PSR4 · permitted uses
PSR4 · 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
WOOD
Heating
NONE
Cooling
Yes
Units
38
Bathrooms
58
Lot
0.49 ac
Current owner
From public records · entity-resolved
Spazier Invs
Individual
Mailing address
715 N CENTRAL AVE STE #300, GLENDALE, CA 91203-1225
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1989
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2019
—
Spaizer Investments Limited
—
Deed
related
$3,650,000 · Jpmorgan Chase Bank NA
Oct 2, 1989
$2,772,000
Spazier Invs
Schu
Trustees Deed
—
Oct 2, 1989
—
Schu
Web
Quit Claim Deed
related
—
Oct 2, 1989
$63,000
Schultz David N&
Reed
Trustees Deed
related
—
Oct 2, 1989
$1,044,000
Chan Chris K&fat
Schul
Trustees Deed
related
—
Oct 2, 1989
$608,000
Schultz Wilson18
Schul
Trustees Deed
related
$2,200,000 · Fidelity Federal Bank
Oct 2, 1989
$854,000
Brown Troy&joann
Schul
Trustees Deed
related
—
Oct 2, 1989
$101,000
Schultz David N&
Brown Troy&joann
Trustees Deed
related
—
—
—
Spazier Investments Ltd
—
Deed Of Trust
related
$3,000,000 · Quaker City Bank
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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