Property profile

224 Fair Oaks Ave Pasadena, CA 91103

OFF-MARKET
Office buildings
Property ID
US10-0318622
18,665 SF 0.34 ac lot Built 1985
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction WOOD
Total area 18,665 SF
Lot 0.34 ac (14,615 SF)
Zoning code PSC-
APN 5723-001-015
UPID US10-0318622

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Engineering Consultant
  • Hotel & Motel Resort
  • Medical Clinic
  • Business Management Consultant
  • Credit Union

Location

224 Fair Oaks Ave Pasadena, CA 91103-3618
Pasadena metro Census 461902 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.18M
CAP Approach CAP
$6.56M
Comparable Approach Comparable
$10.95M
Blend (final) Blend
$8.18M

Owner & transaction history

since 2024
Last sale
$8.2M
6 recorded transactions
2024
$8.2M
2024
Price N/A
2018
Price N/A
2009
$6.0M
2003
Price N/A
1969
Price N/A

Zoning & alternative use

PSC- · Pasadena, CA
Top alternative use upside
Restaurant $13.1M +24.6%
Neighborhood: shopping center $11.4M +8.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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