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Property profile & analytics
FOR LEASE
Manufacturing properties
675 S Arroyo Pkwy Pasadena, CA 91105
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9092914
For Lease
1 / 30
$42 SF/Yr
675 S Arroyo Pkwy, Pasadena, CA 91105
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Property summary
AI-generated overview
Arroyo Medical Plaza, located at 675 S Arroyo Pkwy in Pasadena, CA 91105, offers exceptional medical office space for lease. This four-story building, constructed in 1986, boasts a total of 31,294 square feet. Currently, there are 4,124 square feet of vacant space available, divisible into units ranging from a minimum of 1,732 square feet to a maximum contiguous space of 2,392 square feet. The building provides ample parking with a ratio of 3 spaces per 1,000 square feet. Its strategic location in Los Angeles County, just one block from Huntington Hospital, offers unparalleled convenience and accessibility. The property benefits from its proximity to the Pasadena Central Business District, Old Town Pasadena, and easy access to the 110 and 210 freeways. This prime location provides tenants with easy access to first-class entertainment, dining, and high-end boutiques that Pasadena offers, making it an ideal location for medical professionals and businesses seeking a prestigious and convenient address. The building's design and amenities cater specifically to the needs of medical practices and office tenants. Inquire today to learn more about leasing opportunities at this exceptional Pasadena medical office building.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1987
Construction
WOOD
Total area
30,403 SF
Lot
0.41 ac (17,846 SF)
Zoning code
PSR-
APN
5720-011-012
UPID
US09-9092914
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
-
La Petite Kids Dentist Dental Office
-
Rigor Dermatology Medical Clinic Skin Care Clinic
-
CMWL - The Center For Medical Weight Loss Pasadena Weight Loss Service Doctor
-
Dr. Rehana M. Hethumuni, DO Pediatrician Physician
-
Chong Ming Ta MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.81M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.80M
Owner & transaction history
Waltco Arroyo LLC · 19 yrs held
Waltco Arroyo LLC
since 2006
4 recorded transactions
Zoning & alternative use
PSR- · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,295,000
6.5%
$5,810,000
7%
$5,395,000
Blend value · Realmo final
$5.80M
Range $5.22M – $6.38M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$191 / 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
$81,012
Tax year 2024
Assessed value
$7,010,039
Assessed 2024
Previous assessed
$7,010,039
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$2,067,059
Assessed improvement
$4,942,980
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1987
Construction
WOOD
Heating
NONE
Stories
1
Total area
30,403 SF
Lot
0.41 ac (17,846 SF)
Zoning code
PSR-
APN
5720-011-012
UPID
US09-9092914
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PSR- · Pasadena, CA
Zoning PSR- · permitted uses
PSR- · 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
1987
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Waltco Arroyo LLC
Entity
Mailing address
800 W 6TH ST6THFLR, LOS ANGELES, CA 90017-2704
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2016
—
Argc Partners LP
—
Deed
related
$2,500,000 · Miscellaneous Ins Co
Nov 7, 2006
—
Waltco Arroyo LLC
Waltco LLC
Quit Claim Deed
related
$2,700,000 · Berkshire Life Ins Co America
Apr 30, 2004
—
Waltco LLC
Pacific Capital Group Vii LLC
Grant Deed
related
—
—
—
Argc Partners LP
—
Deed Of Trust
related
$2,500,000 · Miscellaneous Ins Co
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.
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