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Property profile & analytics
OFF-MARKET
Investment properties
609 Grn St Pasadena, CA 91101-2019
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6292853
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1931
Construction
TILT-UP CONCRETE
Total area
1,656 SF
Lot
0.02 ac (879 SF)
Zoning code
PSC-
APN
5734-037-013
UPID
US09-6292853
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
-
Spencer Mar Guilburt Mural Resort
-
Well Studio Gym & Fitness Center Alternative Medicine Practice
-
Korn Randolph Inc Landscaping (Bike/Boat/Book/etc) Store
-
Rescue Steam Carpet Cleaning Renovation Specialist
-
Jason 5 (Bike/Boat/Book/etc) Store Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Robert N Flanders · 5 yrs held
Robert N Flanders
since 2021
7 recorded transactions
Zoning & alternative use
PSC- · 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 Pasadena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
—
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
$4,832
Tax year 2024
Assessed value
$298,665
Assessed 2024
Previous assessed
$298,665
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$79,630
Assessed improvement
$219,035
Applied tax rate
7.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1931
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
1,656 SF
Lot
0.02 ac (879 SF)
Zoning code
PSC-
APN
5734-037-013
UPID
US09-6292853
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PSC- · Pasadena, CA
Zoning PSC- · permitted uses
PSC- · Pasadena, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pasadena. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1931
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
Robert N Flanders
Individual
Free & Clear · 5 yrs held
Mailing address
1947 CUMBERLAND RD, GLENDORA, CA 91741-3905
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2021
—
Robert N Flanders
Robert N Flanders
Intrafamily Transfer
related
—
Dec 8, 2009
—
Flanders Family Trust
Flanders,doanld D
Quit Claim Deed
related
—
Aug 6, 2009
—
Donald D Flanders
Flanders Robert N
Quit Claim Deed
related
—
Aug 30, 1989
—
Robert Flanders
Flanders Robert
Quit Claim Deed
related
—
Jun 6, 1989
—
Robert Flanders
Romar
Quit Claim Deed
related
—
—
—
Robert Flanders
—
Deed Of Trust
related
$150,000 · First American Bank
—
—
Robert N Flanders Trustee
—
Deed Of Trust
related
$36,511 · Individual
—
—
Robert N Flanders Ttee
—
Deed Of Trust
related
$55,000 · Individual
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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