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Property profile & analytics
OFF-MARKET
Estimated value
$1,275,000
Manufacturing properties
250 Vinedo Ave Pasadena, CA 91107-3355
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US09-6187274
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1947
Total area
9,241 SF
Lot
0.42 ac (18,353 SF)
Zoning code
PSC*
APN
5750-031-037
UPID
US09-6187274
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
-
Nortech Industries Inc Electronics & Wireless Store
-
STUDIO 250 PASADENA Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.77M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.28M
Owner & transaction history
Michael A Patris · 14 yrs held
Michael A Patris
since 2011
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%
$1,915,000
6.5%
$1,765,000
7%
$1,640,000
Blend value · Realmo final
$1.28M
Range $1.15M – $1.40M · ±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
$138 / 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
$17,159
Tax year 2024
Assessed value
$1,354,560
Assessed 2024
Previous assessed
$1,354,560
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$985,137
Assessed improvement
$369,423
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1947
Heating
NONE
Stories
1
Total area
9,241 SF
Lot
0.42 ac (18,353 SF)
Zoning code
PSC*
APN
5750-031-037
UPID
US09-6187274
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
1947
Heating
NONE
Stories
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Michael A Patris
Individual
Mailing address
PO BOX 80250, SAN MARINO, CA 91118-8250
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2011
$1,100,000
Michael A Patris
Bank Of America
Grant Deed
$550,000 · Private Mortgage Fund LLC
Dec 3, 2009
$2,558,401
Bank Of America NA
American Trust Deed Svcs
Trustees Deed
related
—
Apr 28, 2006
—
Pedro D Tomaz
Tomaz,pedro T
Quit Claim Deed
related
$2,450,000 · Bank Of America
—
—
Pedro D Tomaz
—
Deed Of Trust
related
—
—
—
Nationwide Litho INC
—
Deed Of Trust
related
$400,000 · Spicers Paper INC
—
—
Pedro D Tomaz
—
Deed Of Trust
related
—
—
—
Pedro D Tomaz
—
Deed Of Trust
related
$3,080,000 · Bank Of America
—
—
Pedro D Tomaz
—
Deed Of Trust
related
$1,073,000 · Spectrum Bank
—
—
Pedro D Tomaz
—
Deed Of Trust
related
$1,570,250 · Spectrum Bank
—
—
Pedro D Tomaz
—
Deed Of Trust
related
$350,000 · Bank Of America
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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