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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Medical Office Space
701 Fremont Ave South Pasadena, CA 91030-2529
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8009011
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1912
Construction
WOOD
Total area
3,517 SF
Lot
0.21 ac (9,000 SF)
Zoning code
SPR310000*
APN
5315-010-031
UPID
US09-8009011
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
-
Martello Jeannette Y MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$730k
Owner & transaction history
Kittery LLC · 19 yrs held
Kittery LLC
since 2007
7 recorded transactions
Zoning & alternative use
SPR310000* · 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
$208 / 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
$9,860
Tax year 2024
Assessed value
$732,670
Assessed 2024
Previous assessed
$732,670
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$434,492
Assessed improvement
$298,178
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1912
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
3
Units
3
Bathrooms
2
Total area
3,517 SF
Lot
0.21 ac (9,000 SF)
Zoning code
SPR310000*
APN
5315-010-031
UPID
US09-8009011
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SPR310000* · South Pasadena, CA
Zoning SPR310000* · permitted uses
SPR310000* · 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
1912
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
3
Units
3
Bathrooms
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
Kittery LLC
Entity
Mailing address
712 ORANGE GRV AVE, SOUTH PASADENA, CA 91030-2412
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2007
—
Kittery LLC
Martello,jeannette
Grant Deed
—
Dec 10, 2001
$500,000
Jeannette Martello
Hirayama Trust
Grant Deed
$400,000 · Wescom Cu
May 12, 1999
—
Hirayama,ernest M Trustee
Hirayama,e M
Quit Claim Deed
related
—
Apr 28, 1989
$375,000
Ernest Hirayama
Helgeson Richard
Grant Deed
$300,000 · Great American Fed'l Savings
—
—
Jeannette Martello
—
Deed Of Trust
related
$179,500 · Wescom Cu
—
—
Jeannette Marello
—
Deed Of Trust
related
$250,000 · Wescom Cu
—
—
Jeannette Martello
—
Deed Of Trust
related
$600,000 · Kinecta FCU
—
—
Jeannette Martello
—
Deed Of Trust
related
$250,000 · Kinecta FCU
—
—
Richard Helgeson
—
Deed Of Trust
related
$48,000 · Helgeson Peggy S
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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