Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,865,000
Apartment buildings
465 Madison Ave Pasadena, CA 91101-3326
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8280474
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1974
Construction
WOOD
Total area
84,472 SF
Lot
1.14 ac (49,781 SF)
Zoning code
PSR3
APN
5734-009-057
UPID
US09-8280474
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
-
Kevin Anderson General Contractor Construction Company General Contractor
-
Power Window Repair - Los Angeles Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.87M
Owner & transaction history
Aiken Madison Properties LLC · 5 yrs held
Aiken Madison Properties LLC
since 2020
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
$22 / 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
$103,646
Tax year 2024
Assessed value
$8,150,207
Assessed 2024
Previous assessed
$8,150,207
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$1,252,364
Assessed improvement
$6,897,843
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
1974
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
54
Total area
84,472 SF
Lot
1.14 ac (49,781 SF)
Zoning code
PSR3
APN
5734-009-057
UPID
US09-8280474
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
1974
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
54
Lot
1.14 ac
Current owner
From public records · entity-resolved
Aiken Madison Properties LLC
Entity
Mailing address
1250 6TH ST STE #402, SANTA MONICA, CA 90401-1639
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2020
—
Aiken Madison Properties LLC
Aiken Investments LP
Quit Claim Deed
—
Jan 31, 2017
—
Kenter Investments LP
—
Deed
related
$8,600,000 · First Foundation Bank
Dec 31, 1997
—
Kenter,invs
Empire Prop,
Trustees Deed
related
—
Jun 30, 1989
—
Jay Et Al Trs Abarbanel
—
Deed Of Trust
related
—
—
—
Empire Properties
—
Deed Of Trust
related
$1,352,300 · Us Small Business Admn
—
—
Shulman Trust
—
Deed Of Trust
related
$3,200,000 · Sun Life Ins Co
—
—
Aiken Investments LP
—
Deed Of Trust
related
$6,975 · Washington Mutual Fsb
—
—
Empire Properties
—
Deed Of Trust
related
$4,185,000 · Great 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 465 Madison Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
