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Property profile & analytics
OFF-MARKET
Apartment buildings
35 Craig Ave Pasadena, CA 91107-4069
Individually Owned
5-yr Hold
Free & Clear
Property ID
US09-6948225
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Construction
WOOD
Total area
12,000 SF
Lot
0.34 ac (14,963 SF)
Zoning code
PSR3
APN
5747-010-046
UPID
US09-6948225
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
-
Southland University University
-
Starting Over Sober Living Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Millicent Reynolds · 5 yrs held
Millicent Reynolds
since 2021
7 recorded transactions
Zoning & alternative use
PSR3 · 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
—
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
$18,742
Tax year 2024
Assessed value
$1,460,562
Assessed 2024
Previous assessed
$1,460,562
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$368,405
Assessed improvement
$1,092,157
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
1986
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Buildings
2
Units
10
Bathrooms
20
Total area
12,000 SF
Lot
0.34 ac (14,963 SF)
Zoning code
PSR3
APN
5747-010-046
UPID
US09-6948225
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PSR3 · Pasadena, CA
Zoning PSR3 · permitted uses
PSR3 · 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
1986
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
2
Units
10
Bathrooms
20
Lot
0.34 ac
Current owner
From public records · entity-resolved
Millicent Reynolds
Individual
Free & Clear · 5 yrs held
Mailing address
PO BOX 1414, LA CANADA FLINTRIDGE, CA 91012-5414
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2021
—
Millicent Reynolds
Craig Condos LLC
Correction Deed
related
—
Dec 4, 2020
—
Craig Condos LLC
Millicent Reynolds
Quit Claim Deed
—
Nov 25, 2020
—
Millicent Reynolds
Millicent Reynolds
Quit Claim Deed
—
Feb 28, 2017
—
Craig Condos LLC
Reynolds Living Trust
Quit Claim Deed
—
Aug 12, 2015
—
Reynolds,m Living Trust
Reynolds,millicent
Quit Claim Deed
related
—
Jul 22, 2015
—
Millicent Reynolds
Craig Condominiums LLC
Grant Deed
—
Dec 21, 2009
—
Craig Condominiums LLC
Reynolds Living Trust
Grant Deed
—
Jun 24, 2009
—
Reynolds Living Trust
Reynolds,millicent
Quit Claim Deed
related
—
—
—
Reynolds,trust
—
Deed Of Trust
related
$545,000 · Western 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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