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Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Apartment buildings
297 Sierra Madre Blvd Pasadena, CA 91107-4899
Individually Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6432869
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2013
Construction
WOOD
Total area
18,730 SF
Lot
0.34 ac (14,914 SF)
Zoning code
LCR4YY
APN
5330-006-008
UPID
US09-6432869
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
-
A Refugee Documentary Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.46M
Blend (final)
Blend
$1.08M
Owner & transaction history
Bernard Pang · 12 yrs held
Bernard Pang
since 2013
7 recorded transactions
Zoning & alternative use
LCR4YY · 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
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±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
$58 / 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
$74,661
Tax year 2024
Assessed value
$6,307,748
Assessed 2024
Previous assessed
$6,307,748
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$4,095,822
Assessed improvement
$2,211,926
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2013
Construction
WOOD
Heating
NONE
Cooling
YES
Units
15
Bathrooms
8
Total area
18,730 SF
Lot
0.34 ac (14,914 SF)
Zoning code
LCR4YY
APN
5330-006-008
UPID
US09-6432869
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCR4YY · Pasadena, CA
Zoning LCR4YY · permitted uses
LCR4YY · 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
2013
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
15
Bathrooms
8
Lot
0.34 ac
Current owner
From public records · entity-resolved
Bernard Pang
Individual
Mailing address
559 LADERA ST, MONTEREY PARK, CA 91754-2132
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2021
—
Pang Capital LLC
—
Deed
related
$3,250,000 · Jpmorgan Chase Bank NA
Nov 27, 2013
—
Bernard Pang
Pang,pamela
Quit Claim Deed
related
—
Nov 20, 2013
—
Pang Capital LLC
Pang,bernard
Quit Claim Deed
—
Oct 3, 2013
$100,000
Bernard Pang
Wong,joseph
Grant Deed
—
Apr 3, 1992
$600,000
Bernard Pang
Kuo,chen L
Grant Deed
$325,000 · Far East National Bank
Nov 17, 1989
$400,000
Kuo Chen L&
Corporate Accomm
Trustees Deed
related
$200,000 · Accomodators
Nov 17, 1989
$364,000
Corporate Accomm
Kaner
Trustees Deed
related
—
—
—
Bernard Pang
—
Deed Of Trust
related
$475,000 · Standard Federal Bank
—
—
Beranrd Pang
—
Deed Of Trust
related
—
—
—
Bernard Pang
—
Deed Of Trust
related
$500,000 · Standard Savings Bank
—
—
Bernard Pang
—
Deed Of Trust
related
$150,000 · Individual
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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