Property profile

599 N Fair Oaks Ave Pasadena, CA 91103

FOR LEASE
Office buildings
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Property ID
US09-7017848
1,944 SF 0.11 ac Built 1903
Last sale Apr 2021·$1,075,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a 2,048-square-foot creative office space located in Pasadena on a signalized corner of Fair Oaks Avenue, directly across from the Vallarta Supermarket Shopping Center, with access to the 210 Freeway. It is housed within a historic building that has been fully restored and includes modern office improvements. The interior layout is open and designed for creative office use, with a conference room, a full bathroom, and a kitchenette or breakroom. Additional features include a…

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?
$14k
Tax billed · 2024
Assessed value$1.17M
Assessed land$531k
Assessed improvement$638k
Effective rate1.19%

Value estimate

· Nov 2026
$1.11M
$995k – $1.22M
AI approach$1.08M
CAP approach$685k
NOI build-up
Gross scheduled income$69k
Vacancy & credit loss−$10k
Operating expenses−$15k
NOI · 2,109,038.46% cap applied$44k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$562/SF
Submarket average, outlier-cleaned · 82 recorded sales of this use type
Observed band · Q1–Q3$376 – $819
Qualifying comparables9

Cap rate analysis

How does the asset earn?
2,109,038.46%
$44k 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: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.0
Dry Cleaner8.8
Butcher8.6

Location

599 N Fair Oaks Ave Pasadena, CA 91103
County assessor Recorded deeds · 8 transfers 9 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
440 Palisade, Pasadena, CA 91103-2054 $873,000 Dec 2025 2,070 SF
125 Raymond, Pasadena, CA 91103-4537 $1,565,000 Aug 2024 2,780 SF
83 Orange Grv, Pasadena, CA 91103-4327 $950,000 Nov 2023 3,186 SF
2 Villa, Pasadena, CA 91103-3343 $2,200,000 Jul 2022 4,320 SF
1222 Lincoln, Pasadena, CA 91103-2438 $1,773,017 Sep 2020 2,940 SF
1401 Fair Oaks, Pasadena, CA 91103 $3,108,531 Jan 2019 5,080 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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