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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Retail space
246 De Lacey Ave 104C Pasadena, CA 91105-2006
Entity Owned
1-yr Hold
Free & Clear
Property ID
US10-0095751
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
WOOD
Total area
700 SF
Lot
0.57 ac (24,904 SF)
Zoning code
PSC
APN
5713-023-041
UPID
US10-0095751
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
-
China Fisheries North Amer Inc Take-out & Catering Fish Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$518k
Blend (final)
Blend
$580k
Owner & transaction history
Socal Thoracic Surgical Associates · 1 yrs held
Socal Thoracic Surgical Associates
since 2024
Last sale
$580,000
4 recorded transactions
Zoning & alternative use
PSC · Pasadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$425,000
+22.4%
Office building
$395,000
+12.9%
Auto repair, garage
$350,000
+0.6%
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
$580,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$350,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$425,000
Change: +22% · Conversion: Moderate
OFFICE BUILDING
$395,000
Change: +13% · Conversion: Easy
AUTO REPAIR, GARAGE
$350,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $580k (Jul 25 2024)
Last sale anchor
$580k
Jul 25 2024
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
$829 / 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
$6,850
Tax year 2024
Assessed value
$569,160
Assessed 2024
Previous assessed
$569,160
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$285,600
Assessed improvement
$283,560
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
NONE
Cooling
YES
Total area
700 SF
Lot
0.57 ac (24,904 SF)
Zoning code
PSC
APN
5713-023-041
UPID
US10-0095751
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
RETAIL STORES Current
Est. value
$350,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$425,000
OFFICE BUILDING
Est. value
$395,000
AUTO REPAIR, GARAGE
Est. value
$350,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2007
Construction
WOOD
Heating
NONE
Cooling
Yes
Lot
0.57 ac
Current owner
From public records · entity-resolved
Socal Thoracic Surgical Associates
Entity
Free & Clear · 1 yrs held
Mailing address
246 S DE LACEY AVE104C, PASADENA, CA 91105-2006
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2024
$580,000
Socal Thoracic Surgical Associates
Pasa Bright Holding LLC
Grant Deed
—
Mar 28, 2023
$558,000
Pasa Bright Holding LLC
China Fisheries North America INC
Grant Deed
—
Jan 28, 2011
$345,000
China Fisheries North America
Delacey Place LLC
Grant Deed
—
Mar 29, 2006
—
Delacey Place LLC
Owner Name Unavailable
Grant Deed
related
$22,700,000 · East West 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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