Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    314 Mentor Ave Pasadena, CA 91106-3300
    Back to Search
    Property profile & analytics

    314 Mentor Ave, Pasadena, CA 91106-3300

    View on Map
    • Investment properties
    • 3,085 SF
    • 0.25 lot acres
    Off-Market
    Last Sale Jan 19, 2021
    $438,500
    Property ID
    US09-6494630
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sandosurgical LLC / Biotechnology Engineer / Biotechnology Company

    Property Details for 314 Mentor Ave

    Year built
    1891
    Construction
    WOOD
    Lot size
    0.25 lot acres
    Zone code
    PSC-
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    5735-029-013
    APU
    5735029013

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 19, 2021 — Ogden Mark 2020 Trust Of Mark Ogden Quit Claim Deed · related —
    Apr 3, 2001 $438,500 Mark Ogden Carter,joan Grant Deed —
    Apr 3, 2001 — Joan Carter Pas School Fine Arts&media Grant Deed · related —
    Mar 10, 1970 — — — Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Los Angeles
    State
    California
    Longitude
    -118.13
    Latitude
    34.1404
    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
    $8,319
    $332,382
    $315,394
    $647,776
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,474 SF

      1155 Grn St

      OFFICE/RESIDENTIAL (MIXED USE)
      1155 Grn St, Pasadena, CA 91106-2505
      View Details
    • Value Estimation
      $2,715,000
      8,678 SF

      488 Allen Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      488 Allen Ave, Pasadena, CA 91106-1344
      View Details
    • Value Estimation
      $1,485,000
      8,529 SF

      913 California Blvd

      OFFICE/RESIDENTIAL (MIXED USE)
      913 California Blvd, Pasadena, CA 91106-4007
      View Details
    • Value Estimation
      $2,185,000
      4,668 SF

      612 Lk Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      612 Lk Ave, Pasadena, CA 91106-3918
      View Details
    • Value Estimation
      $525,000
      624 SF

      1644 Walnut St

      OFFICE/RESIDENTIAL (MIXED USE)
      1644 Walnut St, Pasadena, CA 91106-1619
      View Details
    • Value Estimation
      $5,365,000
      25,333 SF

      1299 Grn St

      OFFICE/RESIDENTIAL (MIXED USE)
      1299 Grn St, Pasadena, CA 91106-2600
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,900 SF

      Pasadena Office Building For Sale

      Office building with live-work space available in Pasadena, CA.
      188 N Holliston Ave, Pasadena, CA 91106
      View Details
    • Contact for pricing
      5,199 SF

      Mixed-Use Opportunity on Hill Ave

      Mixed-use property for sale on Hill Ave, Pasadena, CA.
      80-88 N Hill Ave, Pasadena, CA 91106
      View Details
    • Contact for pricing
      6,920 SF

      Pasadena Multifamily Investment Opportunity

      Well-maintained 10-unit apartment near Caltech and PCC.
      112 Mar Vista Ave, Pasadena, CA 91106
      View Details
    • Contact for pricing

      Pasadena Development Opportunity

      Rare 0.28-acre infill site with redevelopment potential.
      153 S Catalina Ave, Pasadena, CA 91106
      View Details
    • $5,700,000

      Pasadena Apartment Building Opportunity

      15-unit apartment building in desirable Pasadena location.
      144 N Michigan Ave, Pasadena, CA 91106
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,290 SF

      Creative Ground Floor Office Space

      Creative office space featuring open layout, offices, and conference room.
      1274-1278 E Colorado Blvd, Pasadena, CA 91106
      View Details
    • Contact for pricing
      8,061 SF

      Retail Space Near Pasadena College

      Retail spaces available across from Pasadena City College.
      1687 East Colorado Blvd, Pasadena, CA 91106
      View Details
    • Contact for pricing

      Pasadena Flex Space For Lease

      1,435 SF flex space in Pasadena for lease.
      990 South Arroyo Pkwy, Pasadena, CA 91106
      View Details
    • Contact for pricing
      1,779 SF

      Pasadena Office Space Available

      Office space available for rent in Pasadena, California.
      1199 E Walnut St, Pasadena, CA 91106
      View Details
    • Contact for pricing
      185,102 SF

      Pasadena Office Space For Rent

      Office building in the heart of Pasadena with freeway access.
      1055 East Colorado Blvd, Pasadena, CA 91106
      View Details
    • Contact for pricing
      2,525 SF

      Pasadena Office Space Available

      Second floor office space with window offices and storage.
      1010 E Union St, Pasadena, CA 91106
      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.
    314 Mentor Ave
    Pasadena, CA 91106-3300
    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

    Thank You for Inquiry
    314 Mentor Ave, Pasadena, CA, 91106
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!