Realmo Analytics

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Financial
Distress signals
Property profile

535 S Lake Ave Pasadena, CA 91101

FOR SALE
Turn key restaurants
Property ID
US09-6948072
1,991 SF 0.1 ac lot
Last sale Apr 2020 · $183,500
Trust Owned Owner of record is a trust. 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$36k
Tax billed · 2024
Assessed value$2.90M
Assessed land$1.33M
Assessed improvement$1.57M
Effective rate1.25%

Value estimate

· Oct 2026
$3.21M
$2.89M – $3.53M
AI approach$3.29M
Submarket $/SF estimate$1.99M
NOI build-up
Gross scheduled income$248k
Vacancy & credit loss−$6k
Operating expenses−$61k
NOI · 8.09% cap applied$182k

Realmo valuation models over county records and 5 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 comparables5

Cap rate analysis

How does the asset earn?
8.09%
$182k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PSC-
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Food Market
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Food Market8.9
Mobile Phone Store8.5
Locksmith8.5

Location

535 S Lake Ave Pasadena, CA 91101
County assessor Recorded deeds · 6 transfers 5 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
750 Walnut, Pasadena, CA 91101-1638 $2,500,000 Oct 2024 2,378 SF
721 Grn, Pasadena, CA 91101 $3,950,000 Jan 2024 4,000 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
60 Lk, Pasadena, CA 91101-1826 $2,750,027 Jun 2022 3,600 SF
531 Walnut, Pasadena, CA 91101-1658 $950,000 Feb 2021 1,984 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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