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Property profile & analytics
OFF-MARKET
Estimated value
$15,920,000
Community centers
3 Colorado Blvd Pasadena, CA 91105-1922
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0079530
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1991
Construction
TILT-UP CONCRETE
Total area
100,653 SF
Lot
1.41 ac (61,482 SF)
Zoning code
PSC-
APN
5713-006-031
UPID
US10-0079530
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
-
Alo Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.92M
Owner & transaction history
Bpp East Union LLC · 10 yrs held
Bpp East Union LLC
since 2016
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
$158 / 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
$1,108,256
Tax year 2024
Assessed value
$93,567,601
Assessed 2024
Previous assessed
$93,567,601
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$20,890,545
Assessed improvement
$72,677,056
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
100,653 SF
Lot
1.41 ac (61,482 SF)
Zoning code
PSC-
APN
5713-006-031
UPID
US10-0079530
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
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
1.41 ac
Current owner
From public records · entity-resolved
Bpp East Union LLC
Entity
Free & Clear · 10 yrs held
Mailing address
10920 VIA FRONTERA STE #220, SAN DIEGO, CA 92127-1734
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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 13, 2018
—
Ipic-gold Class Entertainment
—
Loan Modification
related
$4,541,596 · Employees' Retirement System O
Jan 14, 2016
$128,000,000
Bpp East Union LLC
One Colorado Investments LLC
Grant Deed
—
Jun 30, 2009
—
Village Roadshow Gold Class Ci
—
Deed Of Trust
related
$4,741,018 · Employees' Retirement System/a
Dec 20, 1999
—
Gb Acquisition INC
—
Deed Of Trust
related
$45,500,000 · Bank Of America NA Trustee
Jun 18, 1999
—
One Colorado Investments LLC
—
Deed Of Trust
related
$42,670,000 · Gmac Commercial Mortgage Corp
May 11, 1995
—
One Colorado Assoc
—
Deed Of Trust
related
—
Apr 28, 1995
—
One Colorado Associates
—
Grant Deed
related
$5,000,000 · Trela Pasadena INC
—
—
One Colorado Investments LLC
—
Deed Of Trust
related
$73,000,000 · Ing Life Ins & Annunity Co
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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