Technical
Financial
Distress signals
Property profile

401 Lk Ave Pasadena, CA 91101

OFF-MARKET
Super regional malls
Property ID
US09-9165758
66,515 SF 2.78 ac lot Built 1957
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1957
Construction TILT-UP CONCRETE
Total area 66,515 SF
Lot 2.78 ac (120,966 SF)
Zoning code PSCD24*
APN 5734-031-010
UPID US09-9165758

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electric Vehicle Charging Station
  • Physician
  • Cultural Landmark
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Location

401 Lk Ave Pasadena, CA 91101-3648
Pasadena metro Census 463601 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$27.72M
Comparable Approach Comparable
$58.24M
Blend (final) Blend
$45.40M

Owner & transaction history

since 2022
Last sale
$50.4M
2 recorded transactions
2022
$50.4M
2017
$15.1M

Zoning & alternative use

PSCD24* · Pasadena, CA
Top alternative use upside
Restaurant $46.5M +15.0%
Office building $40.9M +1.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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