Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    257 Fair Oaks Ave Pasadena, CA 91105-4130

    • Office buildings
    • 20,936 SF
    • 0.77 lot acres
    OFF-MARKET
    Value Estimations
    $4,450,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-6380473
    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

    • ɑsɑp ɑс rеpɑir pɑsadеnɑ / Hardware & Home Improvement / HVAC Service
    • Akamai Technologies / Business To Business Service
    • Lindora Clinic / Weight Loss Service
    • Beverly Hills Physicians / Physician / Medical Clinic
    • Amazon Career Center Pasadena / Employment Agency

    Property Details for 257 Fair Oaks Ave

    Year built
    1992
    Construction
    WOOD
    Lot size
    0.77 lot acres
    Property size
    20,936 SF
    Zone code
    PSC-
    Property type
    Office buildings
    APN
    5713-023-034
    APU
    5713023034

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Los Angeles
    State
    California
    Longitude
    -118.151
    Latitude
    34.1414
    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
    $65,782
    $3,549,853
    $1,902,714
    $5,452,567
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,425,000
      6,450 SF

      210 Orange Grv Blvd

      OFFICE BUILDING • 6,450 SF
      210 Orange Grv Blvd, Pasadena, CA 91105-1705
      View Details
    • Value Estimation by Request
      416 SF

      1446 Colorado Blvd

      OFFICE BUILDING • 416 SF
      1446 Colorado Blvd, Pasadena, CA 91105-1414
      View Details
    • Value Estimation
      $2,060,000
      9,396 SF

      300 Colorado Blvd

      OFFICE BUILDING • 9,396 SF
      300 Colorado Blvd, Pasadena, CA 91105-1824
      View Details
    • Value Estimation
      $24,955,000
      88,304 SF

      350 Colorado Blvd

      OFFICE BUILDING (MULTI-STORY) • 88,304 SF
      350 Colorado Blvd, Pasadena, CA 91105-1808
      View Details
    • Value Estimation
      $29,085,000
      295,284 SF

      177 Colorado Blvd

      OFFICE BUILDING • 295,284 SF
      177 Colorado Blvd, Pasadena, CA 91105-1986
      View Details
    • Value Estimation
      $10,505,000
      35,167 SF

      39 Congress St

      PROFESSIONAL BUILDING • 35,167 SF
      39 Congress St, Pasadena, CA 91105-3024
      View Details

    Similar Nearby for Sale

    • $3,800,000
      4,480 SF

      Pasadena Freestanding Office Building

      Turn-key, high-image creative space in Pasadena, California.
      60 W Bellevue Dr, Pasadena, CA 91105
      View Details
    • Contact for pricing
      9,711 SF

      Pasadena Office Building For Sale

      Pasadena office building with high visibility and ample parking.
      701-727 Fair Oaks Ave, Pasadena, CA 91105
      View Details
    • $750,000
      733 SF

      Charming Freestanding Office Building

      Freestanding office building available for lease or sale.
      438 S Pasadena Ave, Pasadena, CA 91105
      View Details
    • $11,000,000
      24 SF

      Prime Old Pasadena Corner Property

      Mixed-use retail and office building in the heart of Old Pasadena.
      50 S De Lacey Ave, Pasadena, CA 91105
      View Details
    • Contact for pricing
      6,596 SF

      Freestanding Flex/Industrial/Creative Building

      Renovated flex/industrial/creative building, south of Old Pasadena.
      450 S Raymond Ave, Pasadena, CA 91105
      View Details
    • $1,400,000

      Pasadena Flex/Office Opportunity

      Flex/office space in Pasadena's medical corridor, ideal for owner-users.
      965 S Fair Oaks Ave, Pasadena, CA 91105
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      12,379 SF

      Historic Old Town Pasadena Office

      Six-story, 85,906 SF building in the heart of Old Town.
      117 East Colorado Blvd, Pasadena, CA 91105
      View Details
    • $4 SF/Yr
      1,969 SF

      Class A Office Building

      Five-story office building on Huntington Hospital campus for lease.
      10 Congress St, Pasadena, CA 91105
      View Details
    • $31 SF/Yr
      9,288 SF

      Pasadena Office Space For Lease

      Prime Pasadena Office, 4,064 SF Available
      150 Arroyo Pkwy, Pasadena, CA 91105
      View Details
    • Contact for pricing
      2,650 SF

      Prime Pasadena Executive Suites

      Prestigious Offices, 5 Suites Available
      117 Colorado Blvd, Pasadena, CA 91105
      View Details
    • $84 SF/Yr
      12,908 SF

      Prime Pasadena Office Space

      Modern workspace in Old Town Pasadena.
      117 Colorado Blvd, Pasadena, CA 91105
      View Details
    • Sponsored
      Contact for pricing

      Old Town Pasadena

      All-inclusive access to workspace, virtual office and meeting rooms in 505 Montgomery
      117 Colorado Blvd, Pasadena, CA 91105
      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.
    257 Fair Oaks Ave
    Pasadena, CA 91105-4130
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!