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Property profile & analytics
FOR LEASE
Office buildings
2923 Bradley St Pasadena, CA 91107
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6947639
For Lease
$10,920,000
2923 Bradley St, Pasadena, CA 91107
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1984
Construction
TILT-UP CONCRETE
Total area
55,200 SF
Lot
2.89 ac (125,750 SF)
Zoning code
PSC*
APN
5751-020-015
UPID
US09-6947639
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
-
Buena Vista Anesthesia Medical Group Medical Group Anesthesiologist
-
Abeo Management Corporation Accounting Firm Tax Preparation
-
Skillstorm Inc Employment Agency
-
FIS Corporate Office
-
ALL O Matic Gate and Motor Repair Pasadena General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.92M
Owner & transaction history
Eaton Canyon LLC · 6 yrs held
Eaton Canyon LLC
since 2019
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$198 / 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
$104,089
Tax year 2024
Assessed value
$7,961,098
Assessed 2024
Previous assessed
$7,961,098
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$3,002,164
Assessed improvement
$4,958,934
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
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
55,200 SF
Lot
2.89 ac (125,750 SF)
Zoning code
PSC*
APN
5751-020-015
UPID
US09-6947639
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
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
2.89 ac
Current owner
From public records · entity-resolved
Eaton Canyon LLC
Entity
Mailing address
180 SUTTER ST #400, SAN FRANCISCO, CA 94104-4007
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2019
$30,000,000
Eaton Canyon LLC
Lsref4 Dual LLC
Trustees Deed
$37,832,000 · Loancore Cap Credit Reit LLC
Dec 24, 2015
$23,400,000
Lsref4 Dual LLC
2923 & 2947 Bradley Street Hol
Grant Deed
—
Sep 11, 2012
$28,800,000
2923 Hol
Beacon Default Mgmt INC
Trustees Deed
related
—
Dec 28, 2006
$52,150,500
Canyon Venture Eaton
Whmny Real Estate
Grant Deed
$36,875,000 · Pnc Bank
Dec 22, 1999
—
Whmny Real Estate LP
—
Deed Of Trust
related
$113,898,000 · General Electric Capital Corp
May 8, 1997
—
Whmny Real Estate Ltd
—
Deed Of Trust
related
$123,648,856 · Credit Suisse First Boston Mtg
May 7, 1997
—
Whmny Real Estate Limited
—
Deed Of Trust
related
—
Jan 21, 1993
—
Mutual Life Insurance Company Of
—
Deed Of Trust
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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