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Property profile & analytics
OFF-MARKET
Estimated value
$3,155,000
Auto shops
2014 Colorado Blvd Pasadena, CA 91107-3567
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6900434
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1910
Construction
WOOD
Total area
6,191 SF
Lot
0.23 ac (10,004 SF)
Zoning code
PSC*
APN
5747-014-037
UPID
US09-6900434
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
$3.21M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.81M
Blend (final)
Blend
$3.16M
Owner & transaction history
Valod Keshishian · 2 yrs held
Valod Keshishian
since 2023
Last sale
$3.1M
7 recorded transactions
Zoning & alternative use
PSC* · Pasadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.3M
+39.8%
Neighborhood: shopping center
$3.8M
+21.6%
Office building
$3.5M
+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
$3,190,000
ML approach
$3,205,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,100,000
Current use
RESTAURANT
$4,330,000
Change: +40% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,770,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$3,475,000
Change: +12% · Conversion: Difficult
MEDICAL BUILDING
$2,815,000
Change: -9% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,500,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$3.16M
Range $2.84M – $3.47M · ±10% · vs last sale $3.11M (Aug 25 2023)
Last sale anchor
$3.11M
Aug 25 2023
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
$510 / 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
$20,101
Tax year 2024
Assessed value
$1,692,000
Assessed 2024
Previous assessed
$1,692,000
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$1,070,000
Assessed improvement
$622,000
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
1910
Construction
WOOD
Heating
NONE
Buildings
3
Stories
1
Units
1
Total area
6,191 SF
Lot
0.23 ac (10,004 SF)
Zoning code
PSC*
APN
5747-014-037
UPID
US09-6900434
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
AUTO REPAIR, GARAGE Current
Est. value
$3.1M
RESTAURANT
Est. value
$4.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.8M
OFFICE BUILDING
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.5M
AUTO REPAIR, GARAGE Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1910
Construction
WOOD
Heating
NONE
Stories
1
Buildings
3
Units
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Valod Keshishian
Individual
Mailing address
1967 GLENCOE WAY, GLENDALE, CA 91208-1659
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Nov 1, 2023
—
Acdd INC
—
Deed
related
$1,560,000 · Wells Fargo Bank NA
Aug 25, 2023
$3,110,500
Valod Keshishian
Sgl Management LLC
Grant Deed
$2,830,000 · Nvsi INC
May 9, 2019
—
Sgl Management Llg
—
Grant Deed
related
$4,000,000 · Wendy Doo
Mar 3, 2016
—
Katherine L Armenta
Armenta,richard G JR
Quit Claim Deed
related
—
Mar 3, 2016
$2,068,500
Sgl Management LLC
Armenta,katherine L
Grant Deed
—
Jun 25, 2013
—
Lopez,rafael Trust
Sanders,sumiko
Affidavit Of Death
—
Oct 8, 2009
—
Lopez Rafael Trust
Lopez,rafael
Quit Claim Deed
related
—
Aug 10, 2009
—
Rafael Lopez
Milne John W Trust
Grant Deed
related
—
Dec 16, 1992
—
Milne,john W Tr
—
Deed Of Trust
related
—
Nov 24, 1992
—
Jack W Milne
—
Deed Of Trust
related
—
Oct 30, 1964
—
—
—
Grant Deed
related
—
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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