Technical
Financial
Distress signals
Property profile

505 Lk Ave Pasadena, CA 91101

OFF-MARKET
Retail space
Property ID
US09-6459333
22,739 SF 1.11 ac lot Built 1954
Entity Owned 26-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1954
Construction TILT-UP CONCRETE
Total area 22,739 SF
Lot 1.11 ac (48,319 SF)
Zoning code PSC-
APN 5734-030-034
UPID US09-6459333

Cap rate & NOI

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

Location

505 Lk Ave Pasadena, CA 91101-3511
Pasadena metro Census 463601 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$8.85M
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.44M

Owner & transaction history

Zoning & alternative use

PSC- · Pasadena, CA
Top alternative use upside
Auto repair, garage $11.4M +0.6%

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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