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Financial
Distress signals
Property profile

60 W Bellevue Dr Pasadena, CA 91105

FOR SALE
Office buildings
Property ID
US09-6299681
4,480 SF 0.16 ac lot Built 1986
Last sale Aug 2024 · $3,500,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 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

Located in Pasadena at 60 W Bellevue Drive, this freestanding two-story office building was constructed in 1986 and contains approximately 4,480 square feet of office/creative workspace. After an extensive remodel in 2019, the interior features a flexible open-concept layout with private offices and conference rooms, with contemporary finishes. The property is positioned just west of Fair Oaks Avenue with convenient access to the 110, 210, and 134 freeways and is near Huntington Medical Center,…

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?
$34k
Tax billed · 2024
Assessed value$2.94M
Assessed land$2.14M
Assessed improvement$803k
Effective rate1.15%

Value estimate

· Oct 2026
$3.50M
$3.15M – $3.85M
AI approach$3.50M
Submarket $/SF estimate$3.67M
NOI build-up
Gross scheduled income$151k
Vacancy & credit loss−$23k
Operating expenses−$32k
NOI · 2.53% cap applied$96k

Realmo valuation models over county records and 4 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 comparables4

Cap rate analysis

How does the asset earn?
2.53%
$96k 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: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service12.6
Food Market12.4
Laundry Service11.3

Location

60 W Bellevue Dr Pasadena, CA 91105
County assessor Recorded deeds · 9 transfers 4 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
57 Palmetto, Pasadena, CA 91105-2509 $3,900,000 Apr 2024 6,145 SF
396 Pasadena, Pasadena, CA 91105-1839 $2,000,000 Dec 2022 3,614 SF
1450 Colorado, Pasadena, CA 91105-1467 $1,200,000 Jan 2022 6,486 SF
500 Pasadena, Pasadena, CA 91105-3002 $5,650,056 Sep 2021 5,592 SF
975 Fair Oaks, Pasadena, CA 91105-2631 $3,350,033 Jul 2021 3,652 SF
125 Grn, Pasadena, CA 91105-2063 $1,250,000 May 2020 4,424 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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