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Financial
Distress signals
Property profile

44 Lk Ave Pasadena, CA 91101

OFF-MARKET
Turn key restaurants
Property ID
US09-7301172
1,200 SF 0.15 ac lot Built 1930
Last sale May 2025 · $3,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Pasadena, CA property, located at 44 N Lake Ave, 91101, presents a unique investment opportunity. The 2,691-2,962 square foot building sits on a 6,339-7,870 square foot lot (APN 5738-008-047&053) and currently operates as a restaurant under a triple net (NNN) lease expiring July 1, 2025, with 2-3 year renewal options at market rate. The property boasts a strong net operating income (NOI) of $138,216. The current tenant, operating for decades, is willing to negotiate their departure. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$459k
Assessed land$414k
Assessed improvement$45k
Effective rate1.90%

Value estimate

· Oct 2026
$310k
$279k – $341k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$700/SF
Submarket average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$425 – $1,000
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PSC-
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic8.8
Butcher8.7
Kid Store7.7

Location

44 Lk Ave Pasadena, CA 91101
County assessor Recorded deeds · 12 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
178 Euclid, Pasadena, CA 91101-2477 $850,000 Dec 2024 860 SF
750 Walnut, Pasadena, CA 91101-1638 $2,500,000 Oct 2024 2,378 SF
445 Lk, Pasadena, CA 91101-1215 $230,000 Feb 2023 952 SF
597 Walnut, Pasadena, CA 91101-1633 $1,350,013 Jan 2023 3,063 SF
531 Walnut, Pasadena, CA 91101-1658 $950,000 Feb 2021 1,984 SF
535 Lk, Pasadena, CA 91101-3511 $3,045,530 Apr 2020 1,991 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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