New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,305,000
Office buildings
2595 Washington Blvd Pasadena, CA 91107-1409
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-7839792
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1982
Construction
WOOD
Total area
11,122 SF
Lot
0.68 ac (29,473 SF)
Zoning code
LCC1YY
APN
5751-005-003
UPID
US09-7839792
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
-
Complete Care Community Health Center Medical Clinic
-
Wuxia Acupuncture WellSpot East West Clinic Medical Clinic Alternative Medicine Practice
-
Babatunde Eboreime Inc Physician
-
Wuxia Integrative Medicine WellSpot Medical Clinic Alternative Medicine Practice
-
Kourosh Daneshgar Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.31M
Owner & transaction history
Elmassian,joseph & Lisa F Tr · 7 yrs held
Elmassian,joseph & Lisa F Tr
since 2018
7 recorded transactions
Zoning & alternative use
LCC1YY · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$207 / 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
$24,137
Tax year 2024
Assessed value
$1,726,573
Assessed 2024
Previous assessed
$1,726,573
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$568,745
Assessed improvement
$1,157,828
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1982
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
11,122 SF
Lot
0.68 ac (29,473 SF)
Zoning code
LCC1YY
APN
5751-005-003
UPID
US09-7839792
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC1YY · Pasadena, CA
Zoning LCC1YY · permitted uses
LCC1YY · 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
1982
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Elmassian,joseph & Lisa F Tr
Individual
Mailing address
2595 E WASHINGTON BLVD STE #104, PASADENA, CA 91107-1409
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2025
—
Elmassian Real Estate Investments L
—
Deed
related
$2,000,000 · Royal Business Bank
Sep 12, 2018
—
Elmassian,joseph & Lisa F Tr
Elmassian R/e Invs LLC
Quit Claim Deed
related
—
Nov 1, 2016
—
Elmassian Real Estate Investments L
Joseph A Elmassian
Intrafamily Transfer
related
$1,900,000 · Xceed Financial FCU
Oct 16, 2007
—
Elmassian George & M Fam Trust
Elmassian,george A
Quit Claim Deed
related
—
Dec 11, 2002
—
Elmassian,tr
Elmassian,dikran A
Quit Claim Deed
related
—
Jul 23, 1996
—
Joseph A Elmassian
Elmassian,l J
Quit Claim Deed
related
—
Nov 7, 1995
—
Dikran Elmassian
Elmassian,n
Quit Claim Deed
related
—
—
—
Joseph A Elmassian
—
Deed Of Trust
related
$700,000 · Safeco Life Insurance Co
—
—
Elmas
—
Deed Of Trust
related
$300,000 · Progressive Savings 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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