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Property profile & analytics
OFF-MARKET
Estimated value
$8,300,000
Office buildings
690 Grn St Pasadena, CA 91101-2142
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6322293
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1959
Construction
TILT-UP CONCRETE
Total area
13,573 SF
Lot
0.37 ac (16,203 SF)
Zoning code
PSC-
APN
5734-024-021
UPID
US09-6322293
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
-
Apps (Bike/Boat/Book/etc) Store Corporate Office
-
Morita Carole S Law Firm
-
Universal Accounts, Inc. Law Firm
-
Danielle Kumanchik Marriage Or Relationship Counselor Counselor
-
Reyna Mejia Kot Psychotherapist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.50M
Blend (final)
Blend
$8.30M
Owner & transaction history
Uhf 690 Green LLC · 1 yrs held
Uhf 690 Green LLC
since 2024
Last sale
$8.3M
7 recorded transactions
Zoning & alternative use
PSC- · Pasadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.5M
+13.8%
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
$8,300,000
ML approach
$8,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$8,350,000
Current use
RESTAURANT
$9,495,000
Change: +14% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$8,260,000
Change: -1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,795,000
Change: -19% · Conversion: Difficult
RETAIL STORES
$6,750,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$8.30M
Range $7.47M – $9.13M · ±10% · vs last sale $8.30M (Jul 17 2024)
Last sale anchor
$8.30M
Jul 17 2024
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
$612 / 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
$67,926
Tax year 2024
Assessed value
$5,549,704
Assessed 2024
Previous assessed
$5,549,704
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$3,458,108
Assessed improvement
$2,091,596
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
13,573 SF
Lot
0.37 ac (16,203 SF)
Zoning code
PSC-
APN
5734-024-021
UPID
US09-6322293
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$8.4M
RESTAURANT
Est. value
$9.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.3M
AUTO REPAIR, GARAGE
Est. value
$6.8M
RETAIL STORES
Est. value
$6.8M
OFFICE BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Uhf 690 Green LLC
Entity
Mailing address
800 WILSHIRE BLVD STE #1500, LOS ANGELES, CA 90017-2619
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2024
$8,300,000
Uhf 690 Green LLC
690 E Green LLC
Grant Deed
—
Apr 24, 2024
—
690 E Green LLC
—
Deed
related
$200,000 · Ray K Ovaici
Nov 1, 2022
—
690 E Green LLC
—
Deed
related
$2,256,000 · Logix FCU
Jul 6, 2018
—
690 E Green LLC
Modarress Family Trust
Quit Claim Deed
—
Feb 15, 2018
$4,975,000
Darlus Modarres
Lon Yatman
Grant Deed
$2,400,000 · Logix FCU
Aug 30, 1996
—
Yatman,lon & Esther Co-trustees
Franke,j W & J
Grant Deed
related
—
Oct 18, 1993
—
Franke Karl
—
Deed Of Trust
related
—
—
—
Karl Franke
—
Deed Of Trust
related
$700,000 · Bank Of California
—
—
Yatman Trust
—
Deed Of Trust
related
$1,325,000 · American Pacific State Bank
—
—
Yatman Trust
—
Deed Of Trust
related
$300,000 · American Pacific State Bank
—
—
Yatman Trust
—
Deed Of Trust
related
$462,000 · City National Bank
—
—
Yatman Lon & E Family Trust
—
Deed Of Trust
related
$1,500,000 · Kaiser Federal Bank
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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