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Property profile & analytics
OFF-MARKET
Estimated value
$5,840,000
Motels
2131 Colorado Blvd Pasadena, CA 91107-3559
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US10-0242503
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1960
Total area
30,088 SF
Lot
1.06 ac (46,041 SF)
Zoning code
PSC*
APN
5746-009-027
UPID
US10-0242503
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
-
Travelodge by Wyndham Pasadena Central Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.81M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.84M
Owner & transaction history
Chaoyang Tianma Ent Group Corp · 12 yrs held
Chaoyang Tianma Ent Group Corp
since 2013
7 recorded transactions
Zoning & alternative use
PSC* · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$6,290,000
6.5%
$5,805,000
7%
$5,390,000
Blend value · Realmo final
$5.84M
Range $5.26M – $6.42M · ±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
$194 / 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
$128,286
Tax year 2024
Assessed value
$10,953,924
Assessed 2024
Previous assessed
$10,953,924
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$4,091,016
Assessed improvement
$6,862,908
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1960
Heating
NONE
Buildings
2
Stories
1
Units
80
Total area
30,088 SF
Lot
1.06 ac (46,041 SF)
Zoning code
PSC*
APN
5746-009-027
UPID
US10-0242503
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.
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Stories
1
Buildings
2
Units
80
Lot
1.06 ac
Current owner
From public records · entity-resolved
Chaoyang Tianma Ent Group Corp
Entity
Mailing address
2131 E COLORADO BLVD, PASADENA, CA 91107-3559
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2024
—
Richardson Griswold
—
Deed
related
$487,000 · Profit Sharing Trust
Apr 29, 2024
—
Eric P Beatty
—
Deed
related
$107,000 · Receivership Lending LLC
Jul 18, 2023
—
Eric P Beatty
—
Deed
related
$140,000 · Receivership Lending LLC
Feb 21, 2023
—
Chaoyang Tianma Enterprise Group Co
—
Deed
related
$100,000 · Receivership Lending LLC
Dec 12, 2013
—
Chaoyang Tianma Ent Group Corp
Chaoyang Tianma Ent Group LLC
Quit Claim Deed
—
Nov 18, 2013
$9,200,000
Chaoyang Tianma Ent LLC
Chang 2002 Family Trust
Grant Deed
—
May 1, 2007
$5,000,000
Chang Family 2002 Trust
Gh & Cj LLC
Grant Deed
$5,880,000 · Gh & Cj LLC
Sep 24, 2004
—
Gh & Cj LLC
Tung,fu-ha N
Quit Claim Deed
related
—
Dec 21, 2001
$3,450,000
Fu-han Tung
Mou,yenshu & Moulan
Grant Deed
$767,000 · Cathay Bank
Aug 26, 1988
—
Mou
—
Deed Of Trust
related
$800,000 · Mitsubishi Bank
—
—
Yen-hsu Mou
—
Deed Of Trust
related
$750,000 · First Continental Bank
—
—
Chang Family 2002 Trust
—
Deed Of Trust
related
$5,000,000 · United Pacific Bank
—
—
Yen-hsu Mou
—
Deed Of Trust
related
$750,000 · First Continental 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.
Try Rey
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