Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    251 El Molino Ave, Unit 15 Pasadena, CA 91101-1652

    • Apartment buildings
    • 11,758 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    $630,000
    Last Sale
    Dec 15, 2022
    $800,000
    Location Intelligence
    Property ID
    US09-9505999
    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

    • Never Say Never / Video Production Service
    • Green Leaf / Apartment Complex

    Property Details for 251 El Molino Ave

    Year built
    1955
    Construction
    WOOD
    Lot size
    0.36 lot acres
    Property size
    11,758 SF
    Zone code
    PSC-
    Property type
    Apartment buildings
    APN
    5723-007-010
    APU
    5723007010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $550,000

    • CAP approach

      CAP return
      Estimation
      6%
      $745,000
      6.5%
      $725,000
      7%
      $770,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $815,000
      Geo Method
      $800,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $655,000
      Retail
      $715,000
      Mixed-Use
      $815,000
      Hospitality
      $700,000
      Educational
      $645,000
      Residential Income
      $640,000
      Energy
      $705,000
      Income-Based Land
      $755,000
      Food Service
      $865,000

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Los Angeles
    State
    California
    Longitude
    -118.137
    Latitude
    34.1503
    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
    $71,832
    $4,284,000
    $1,952,650
    $6,236,650
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,150 SF

      164 Oak Knl Ave

      APARTMENT HOUSE (5+ UNITS) • 7,150 SF
      164 Oak Knl Ave, Pasadena, CA 91101-1846
      View Details
    • Value Estimation by Request
      27,287 SF

      250 Oak Knl Ave

      APARTMENT HOUSE (5+ UNITS) • 27,287 SF
      250 Oak Knl Ave, Pasadena, CA 91101-2975
      View Details
    • Value Estimation by Request
      13,236 SF

      255 Oakland Ave

      APARTMENT HOUSE (5+ UNITS) • 13,236 SF
      255 Oakland Ave, Pasadena, CA 91101-2885
      View Details
    • Value Estimation by Request
      27,268 SF

      160 El Molino Ave

      APARTMENT HOUSE (5+ UNITS) • 27,268 SF
      160 El Molino Ave, Pasadena, CA 91101-2556
      View Details
    • Value Estimation by Request
      266,947 SF

      375 Grn St

      APARTMENT HOUSE (5+ UNITS) • 266,947 SF
      375 Grn St, Pasadena, CA 91101-2313
      View Details
    • Value Estimation by Request
      8,380 SF

      518 Madison Ave

      APARTMENT HOUSE (5+ UNITS) • 8,380 SF
      518 Madison Ave, Pasadena, CA 91101-3463
      View Details

    Similar Nearby for Sale

    • $1,950,000

      Pasadena Multifamily Property For Sale

      Four-unit property near Metro Gold Line with income potential.
      693 Santa Barbara St, Pasadena, CA 91101
      View Details
    • $1,445,000
      1,534 SF

      Pasadena Townhome with Rooftop Amenities

      Two-level, 2-bedroom townhome with access to resort-style amenities.
      380 Cordova St, Pasadena, CA 91101
      View Details
    • $960,500
      960 SF

      Luxury Condo with Outdoor Space

      Spacious 1 bed, 1 bath condo with resort-style amenities.
      380 Cordova St, Pasadena, CA 91101
      View Details
    • $1,225,000
      1,127 SF

      Luxury Condo with Mountain Views

      Top-floor condo in Pasadena with mountain views and modern design.
      178 S Euclid Ave, Pasadena, CA 91101
      View Details
    • $766,900
      831 SF

      Luxury Condo in Pasadena

      New 1-bedroom condo with balcony and resort-style amenities.
      380 Cordova St, Pasadena, CA 91101
      View Details
    • $1,360,000
      1,343 SF

      Pasadena Condo with Resort Amenities

      New 2-bedroom condo with pool, spa, and community lounge.
      380 Cordova St, Pasadena, CA 91101
      View Details

    Similar Nearby for Lease

    • $4,690 /Mo

      Remodeled Pasadena Home For Rent

      Stunning 3-bedroom, 2-bathroom remodeled home in Pasadena.
      643 E California Blvd, Pasadena, CA 91101
      View Details
    • $3,200 /Mo
      1,046 SF

      Pasadena Condo with Modern Amenities

      Two-bedroom condo in gated community with pool and garage.
      285 E Villa St, Pasadena, CA 91101
      View Details
    • $2,275 /Mo
      450 SF

      Studio with Mountain Views

      Studio in Pasadena with resort-like amenities and mountain views.
      300 N El Molino Ave, Pasadena, CA 91101
      View Details
    • $40 SF/Yr
      150 SF

      Pasadena Office Sublease: 150 sq ft

      Prime Pasadena office, single tenant, 150 sq ft.
      750 Green St, Pasadena, CA 91101
      View Details
    • $3 SF/Yr
      3,840 SF

      Pasadena Office Space For Rent

      Second floor office space available for rent in Pasadena, CA.
      766-774 E Colorado Blvd, Pasadena, CA 91101
      View Details
    • Contact for pricing
      2,023 SF

      Pasadena Office Space For Rent

      Ground floor office space available in Pasadena, California.
      805-825 E Green St, Pasadena, CA 91101
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    251 El Molino Ave, Unit 15
    Pasadena, CA 91101-1652
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.