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    Property profile & analytics

    224 Fair Oaks Ave Pasadena, CA 91103-3618

    • Office buildings
    • 18,665 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $8,095,000
    Last Sale
    Aug 08, 2024
    $8,175,000
    Location Intelligence
    Property ID
    US10-0318622
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Trussell Technologies, Inc. / Engineering Consultant
    • Joya de Costa Rica / Villa / Golf Course
    • Algos, Inc., A Medical Corporation / Medical Clinic
    • Olios Health / Business Management Consultant
    • LA Financial Credit Union / Atm / Credit Union

    Property Details for 224 Fair Oaks Ave

    Year built
    1985
    Construction
    WOOD
    Lot size
    0.34 lot acres
    Property size
    18,665 SF
    Zone code
    PSC-
    Property type
    Office buildings
    APN
    5723-001-015
    APU
    5723001015

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $8,175,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,615,000
      6.5%
      $8,295,000
      7%
      $8,455,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,580,000
      Geo Method
      $6,940,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,400,000
      Retail
      $8,380,000
      Mixed-Use
      $9,820,000
      Hospitality
      $7,515,000
      Educational
      $7,165,000
      Residential Income
      $9,620,000
      Energy
      $8,940,000
      Income-Based Land
      $7,805,000
      Food Service
      $7,840,000

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Los Angeles
    State
    California
    Longitude
    -118.15
    Latitude
    34.1498
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $87,801
    $3,796,539
    $3,796,539
    $7,593,078
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,810 SF

      55 Walnut St

      OFFICE BUILDING • 4,810 SF
      55 Walnut St, Pasadena, CA 91103-3832
      View Details
    • Value Estimation by Request
      5,613 SF

      193 Orange Grv Blvd

      OFFICE BUILDING • 5,613 SF
      193 Orange Grv Blvd, Pasadena, CA 91103-3487
      View Details
    • Value Estimation
      $435,000
      1,720 SF

      125 Raymond Ave, Unit 411

      OFFICE BUILDING • 1,720 SF
      125 Raymond Ave, Pasadena, CA 91103-4537
      View Details
    • Value Estimation
      $385,000
      2,998 SF

      151 Walnut St

      OFFICE BUILDING • 2,998 SF
      151 Walnut St, Pasadena, CA 91103-3834
      View Details
    • Value Estimation by Request
      23,252 SF

      37 Walnut St

      OFFICE BUILDING • 23,252 SF
      37 Walnut St, Pasadena, CA 91103-3832
      View Details
    • Value Estimation
      $4,125,000
      24,955 SF

      1100 Fair Oaks Ave

      OFFICE BUILDING • 24,955 SF
      1100 Fair Oaks Ave, Pasadena, CA 91103-2512
      View Details

    Similar Nearby for Sale

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      Pasadena Office Building Opportunity

      Two-story office building in Old Pasadena near new development.
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      10,050 SF Medical Office, $3.49M
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      Historic Charm, Prime Location, Owner/User
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      Retail/Office Building For Sale

      Retail/office building in Pasadena with prime street frontage and parking.
      1139 S Fair Oaks Ave, Pasadena, CA 91103
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    • $3,265,000
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      Pasadena Multifamily Investment

      7-Unit Turnkey Apartment Building, Old Town Pasadena
      425 Raymond Ave, Pasadena, CA 91103
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      Pasadena Mixed-Use Development Opportunity

      Ready-to-Issue permits for 8 residences and 3 commercial spaces.
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    Similar Nearby for Lease

    • Contact for pricing
      2,854 SF

      Medical Office Space Available

      Medical office space for rent in Pasadena, CA.
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      View Details
    • $1.95 SF/Yr
      2,860 SF

      Pasadena Office Space For Rent

      Second floor office space available in Pasadena, California.
      72-90 N Fair Oaks Ave, Pasadena, CA 91103
      View Details
    • $2 SF/Yr
      3,756 SF

      Pasadena Office Space For Rent

      Second floor office space available in Pasadena, California.
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    • $2 SF/Yr
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      Pasadena Office Space Sublease

      Second floor office space available for sublease in Pasadena.
      39-45 E Union St, Pasadena, CA 91103
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    • $33 SF/Yr
      62,300 SF

      Historic Pasadena Creative Office Space

      9-Story Creative Office Building, Pasadena
      87 Raymond Ave, Pasadena, CA 91103
      View Details
    • $2 SF/Yr
      915 SF

      Office Space For Rent

      Private office/conference room available for rent in Pasadena, CA.
      119 E Union St, Pasadena, CA 91103
      View Details

    Property Visit Statistics

    • Visits by month
      20.2k
    • Visitors by month
      17.6k
    • Avg Time on site
      9 min
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    224 Fair Oaks Ave
    Pasadena, CA 91103-3618
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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