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Property profile & analytics
OFF-MARKET
Estimated value
$1,535,000
Car washes
3698 Colorado Blvd Pasadena, CA 91107-3870
Trust Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9067655
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1995
Construction
WOOD
Total area
3,524 SF
Lot
0.4 ac (17,243 SF)
Zoning code
LCC3*
APN
5755-006-024
UPID
US09-9067655
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
-
Lucky Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.54M
Owner & transaction history
M & L Family Living Trust · 18 yrs held
M & L Family Living Trust
since 2008
7 recorded transactions
Zoning & alternative use
LCC3* · Pasadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.1M
+21.6%
Office building
$2.0M
+12.2%
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
AUTO REPAIR, GARAGE
$1,765,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,145,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$1,980,000
Change: +12% · Conversion: Difficult
MEDICAL BUILDING
$1,600,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.54M
Range $1.38M – $1.69M · ±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
$436 / 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
$32,833
Tax year 2024
Assessed value
$2,502,949
Assessed 2024
Previous assessed
$2,502,949
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$1,892,979
Assessed improvement
$609,970
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1995
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
3,524 SF
Lot
0.4 ac (17,243 SF)
Zoning code
LCC3*
APN
5755-006-024
UPID
US09-9067655
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC3* · Pasadena, CA
Zoning LCC3* · permitted uses
LCC3* · 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
AUTO REPAIR, GARAGE Current
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
OFFICE BUILDING
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.6M
AUTO REPAIR, GARAGE Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
MEDICAL BUILDING
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
1995
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
M & L Family Living Trust
Trust
Mailing address
708 JOAQUIN RD, ARCADIA, CA 91007-6436
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2021
—
Moses Lee
—
Deed
related
$1,500,000 · Pacific Premier Bank
Oct 2, 2017
—
Lynn W Lee
—
Deed
related
—
Sep 15, 2016
—
Lynn Wong Lee
—
Deed
related
$800,000 · American Plus Bank NA
May 12, 2008
—
M & L Family Living Trust
Lee,lynn W
Quit Claim Deed
related
—
Jul 26, 1999
—
Lynn W Lee
Lee,m
Quit Claim Deed
related
—
Apr 2, 1998
$1,388,000
Moses Lee
Chen,cheung W & Yu H
Grant Deed
$761,000 · Cathay Bank
May 5, 1994
—
Cola
Chen,c W&y H
Grant Deed
related
—
Nov 30, 1993
$820,000
Cheng W Chen
Chevron USA INC
Grant Deed
—
Mar 31, 1989
$845,000
USA Chevron
Black Joseph D C
Grant Deed
$400,000 · Black Intervivos
—
—
Cheng W Chen
—
Deed Of Trust
related
$400,000 · Cathay Bank
—
—
Lynn W Lee
—
Deed Of Trust
related
$888,000 · Los Angeles National Bank
—
—
Lynn W Lee
—
Loan Modification
related
—
—
—
Lynn W Lee
—
Deed Of Trust
related
$500,000 · Los Angeles National Bank
—
—
Moses Lee
—
Deed Of Trust
related
$10,000 · 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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