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Property profile & analytics
FOR LEASE
Office buildings
750 S Raymond Ave Pasadena, CA 91105
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9143527
For Lease
$11,150,000
750 S Raymond Ave, Pasadena, CA 91105
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2009
Construction
CONCRETE
Total area
31,201 SF
Lot
1.1 ac (47,859 SF)
Zoning code
PSR*
APN
5720-009-011
UPID
US09-9143527
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.97M
Comparable Approach
Comparable
$7.00M
Blend (final)
Blend
$11.15M
Owner & transaction history
Hatteras Congress Medical LLC · 2 yrs held
Hatteras Congress Medical LLC
since 2024
7 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%
$11,880,000
6.5%
$10,965,000
7%
$10,185,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$17,520,000
Current use
AUTO REPAIR, GARAGE
$15,615,000
Change: -11% · Conversion: Difficult
RETAIL STORES
$15,520,000
Change: -11% · Conversion: Moderate
MEDICAL BUILDING
$14,185,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$11.15M
Range $10.04M – $12.27M · ±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
$357 / 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
$370,068
Tax year 2024
Assessed value
$32,827,479
Assessed 2024
Previous assessed
$32,827,479
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$3,713,857
Assessed improvement
$29,113,622
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
PROFESSIONAL BUILDING
Status
For Lease
Year built
2009
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
31,201 SF
Lot
1.1 ac (47,859 SF)
Zoning code
PSR*
APN
5720-009-011
UPID
US09-9143527
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$17.5M
AUTO REPAIR, GARAGE
Est. value
$15.6M
RETAIL STORES
Est. value
$15.5M
MEDICAL BUILDING
Est. value
$14.2M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
2009
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Hatteras Congress Medical LLC
Entity
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2024
—
Hatteras Congress Medical LLC
Hr Of California LLC
Grant Deed
—
May 5, 2022
$35,000,000
Hr Of California INC
Fillmore Raymond Mob LLC
Grant Deed
—
Mar 7, 2022
—
The Walton Associated Companies
Fillmore Raymond Mob LLC
Intrafamily Transfer
related
—
Nov 20, 2009
—
Fillmore-raymond Mob LLC
—
Deed Of Trust
related
$15,000,000 · Nara Bank
Oct 11, 2007
—
Fillmore-raymond Mob LLC
Jbos-bldg LLC
Grant Deed
related
—
Dec 30, 2004
—
Angeles Cnty Metropolitan Los
Los Angeles-pasadena Metro Blu
Quit Claim Deed
related
—
—
—
Jbos-bldg LLC
—
Deed Of Trust
related
$1,200,000 · Rosenthal Family Trust
—
—
Fillmore-raymond Mob LLC
—
Loan Modification
related
$13,930,000 · Bbu 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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