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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Apartment buildings
842 Smt Ave Pasadena, CA 91103-3155
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-6781887
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1950
Construction
WOOD
Total area
2,894 SF
Lot
0.23 ac (10,009 SF)
Zoning code
PSR1
APN
5725-012-013
UPID
US09-6781887
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$710k
Owner & transaction history
Kp Ventures LLC
Kp Ventures LLC
since 2025
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
PSR1 · Pasadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+23.3%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$920,000
Current use
COMMERCIAL (GENERAL)
$1,135,000
Change: +23% · Conversion: Moderate
WAREHOUSE, STORAGE
$850,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $850k (Jun 12 2025)
Last sale anchor
$850k
Jun 12 2025
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
$245 / 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
$9,708
Tax year 2024
Assessed value
$766,615
Assessed 2024
Previous assessed
$766,615
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$525,162
Assessed improvement
$241,453
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
CENTRAL
Cooling
YES
Buildings
3
Units
5
Bathrooms
6
Total area
2,894 SF
Lot
0.23 ac (10,009 SF)
Zoning code
PSR1
APN
5725-012-013
UPID
US09-6781887
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PSR1 · Pasadena, CA
Zoning PSR1 · permitted uses
PSR1 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$920,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$850,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1950
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Buildings
3
Units
5
Bathrooms
6
Lot
0.23 ac
Current owner
From public records · entity-resolved
Kp Ventures LLC
Entity
Mailing address
645 CARROLL WAY, PASADENA, CA 91107-5357
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2025
$850,000
Kp Ventures LLC
A&s Riboli LLC
Grant Deed
—
Jan 24, 2013
—
A & S Riboli LLC
Riboli A & S Trust
Quit Claim Deed
related
—
Sep 28, 2012
$635,000
Riboli Anthony & Shannon Trust
Andro Paula Trust
Grant Deed
$444,500 · Pacific Premier Bank
Aug 19, 2011
$500,000
Andro Paula Trust
Mcmullins,tyrone L
Grant Deed
—
Jan 22, 2001
$225,000
Tyrone L Mcmullins
Washington Mutual Fsb
Grant Deed
$180,000 · Washington Mutual Fsb
Jun 20, 2000
$178,894
Washington Mutual Fsb
Vega,francisco & Rosy
Trustees Deed
related
—
Nov 2, 1988
$245,000
Francisco Vega
Pacific Finl Exc
Trustees Deed
$171,500 · Great Western Bank
Nov 2, 1988
$147,500
Finl Exc Pacific
Hernandez Vicent
Trustees Deed
related
—
—
—
Andro Paula Trust
—
Deed Of Trust
related
$100,000 · Dayco Funding Corp
—
—
Andro Paula Trust
—
Deed Of Trust
related
$200,000 · Dayco Funding Corp
—
—
Tyrone L Mcmullins
—
Deed Of Trust
related
$259,000 · U F Service Corp
—
—
Tyrrone L Mcmullins
—
Deed Of Trust
related
$310,000 · Wescom Cu
—
—
Tyrone L Mcmullins
—
Deed Of Trust
related
$65,000 · Mega 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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