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Property profile & analytics
OFF-MARKET
Estimated value
$8,885,000
Auto shops
3456 Colorado Blvd Pasadena, CA 91107-3803
Individually Owned
30-yr Hold
~
Est. High Equity
Property ID
US09-6271545
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1952
Construction
WOOD
Total area
34,406 SF
Lot
4.11 ac (179,065 SF)
Zoning code
PSC-
APN
5754-017-044
UPID
US09-6271545
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
-
EV Connect Charging Station Electric Vehicle Charging Station
-
Thorson Buick GMC Service Auto Repair Shop Vehicle Inspection Center
-
Thorson Buick GMC Auto Parts Auto Parts Store
-
Thorson Isuzu Car Dealership
-
Thorson Buick GMC Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.70M
Blend (final)
Blend
$8.89M
Owner & transaction history
Gmc Truck-buick Motor Thorson · 30 yrs held
Gmc Truck-buick Motor Thorson
since 1996
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$13,880,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$8.89M
Range $8.00M – $9.77M · ±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
$258 / 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
$136,141
Tax year 2024
Assessed value
$10,893,712
Assessed 2024
Previous assessed
$10,893,712
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$8,143,583
Assessed improvement
$2,750,129
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1952
Construction
WOOD
Heating
NONE
Buildings
3
Stories
1
Total area
34,406 SF
Lot
4.11 ac (179,065 SF)
Zoning code
PSC-
APN
5754-017-044
UPID
US09-6271545
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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$13.9M
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1952
Construction
WOOD
Heating
NONE
Stories
1
Buildings
3
Lot
4.11 ac
Current owner
From public records · entity-resolved
Gmc Truck-buick Motor Thorson
Individual
Mailing address
PO BOX 5070, PASADENA, CA 91117-0070
Ownership since
1996
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
Feb 21, 2025
—
Thorson Gmc Truck Buick Motor Co
—
Deed
related
$8,750,000 · Ally Bank
Jan 7, 2020
—
Thorson Gmc Truck-buick Motor
—
Deed
related
$9,125,000 · Ally Bk
Mar 6, 2017
—
Thorson Gmc Truck-buick Motor
—
Deed
related
$8,900,000 · Ally Bk
Aug 19, 2010
—
Gmc Truck-buick Motor Thorson
—
Deed Of Trust
related
$1,462,000 · Gmac Mortgage Corp
May 3, 1996
—
Gmc Truck-buick Motor Thorson
Thorson Trust
Quit Claim Deed
related
$3,150,000 · General Motors Acceptance Corp
Apr 30, 1993
—
Thorson Ralph
—
Deed Of Trust
related
—
Feb 15, 1990
$2,340,000
Thorson Ralph
Unknown
Grant Deed
—
—
—
Thorson Gmc Truck-buick Motor
—
Loan Modification
related
$9,125,000 · Ally Bk
—
—
Gmc Truck-buick Motor Thorson
—
Deed Of Trust
related
$2,000,000 · Gmac LLC
—
—
Thorson Gmc Truck-buick Motor
—
Loan Modification
related
$8,900,000 · Ally Bk
—
—
Gmc Truck-buick Motor Thorson
—
Deed Of Trust
related
$8,000,000 · Citizens Business 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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