Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Turn key restaurants
601 Fair Oaks Ave South Pasadena, CA 91030-2601
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8952993
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1964
Construction
TILT-UP CONCRETE
Total area
5,238 SF
Lot
0.85 ac (36,821 SF)
Zoning code
SPP*
APN
5315-001-070
UPID
US09-8952993
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
-
Shakers Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
625 Fair Oaks LLC · 1 yrs held
625 Fair Oaks LLC
since 2025
7 recorded transactions
Zoning & alternative use
SPP* · South 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 South Pasadena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South 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
$153 / 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
$47,335
Tax year 2024
Assessed value
$3,379,946
Assessed 2024
Previous assessed
$3,379,946
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$2,366,493
Assessed improvement
$1,013,453
Applied tax rate
9.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
5,238 SF
Lot
0.85 ac (36,821 SF)
Zoning code
SPP*
APN
5315-001-070
UPID
US09-8952993
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SPP* · South Pasadena, CA
Zoning SPP* · permitted uses
SPP* · South Pasadena, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Pasadena. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.85 ac
Current owner
From public records · entity-resolved
625 Fair Oaks LLC
Entity
Mailing address
9595 WILSHIRE BLVD STE #711, BEVERLY HILLS, CA 90212-2514
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2025
—
625 Fair Oaks LLC
Fair Oaks Annex LLC
Grant Deed
$28,750,000 · 3650 Real Estate Investment Trust 2
Jan 15, 2025
—
625 Fair Oaks LLC
Fair Oaks Annex LLC
Deed
related
—
Apr 4, 2024
$8,000,000
Fair Oaks Annex LLC
David A Yost
Grant Deed
$9,200,000 · Brsp Sl Fair Mound LLC
May 25, 2021
—
David A Yost
Henry A Yost
Intrafamily Transfer
related
—
Jan 13, 2017
—
Yost,henry A & C G Trust 2005
Yost H A & C G Trust 2005
Quit Claim Deed
related
—
Apr 29, 2015
—
Henry A Yost
Yost Cynthia G
Affidavit Of Death
related
—
May 19, 2005
—
Yost Henry A & Cynthia G Trust
Yost,henry A & Cynthia G
Quit Claim Deed
related
—
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 601 Fair Oaks 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.
