Entity Owned Property summary
AI-generated overview
This 11,020-square-foot industrial property, located at 89 San Gabriel Boulevard in Pasadena, California (zip code 91107), is ideally suited for light manufacturing or research and development. Built in 1947, the single-story building features a 14'-16' ceiling height with exposed bow truss ceilings. The property boasts three ground-level loading docks—two manual and one automated—providing convenient access for loading and unloading. Power is supplied by a dedicated 3-phase 120/208V 400-amp system. The space includes 100% HVAC (fully insulated), compressed air, and fume hoods for effective ventilation. On-site surface parking is available. The property is situated in the Tri Cities submarket cluster of Greater Los Angeles and is currently entirely vacant. This flex space presents a unique opportunity for businesses seeking a well-equipped and conveniently located facility in Pasadena. The property is classified as a single-tenant industrial building.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1947
Construction
TILT-UP CONCRETE
Total area
10,200 SF
Lot
0.32 ac (13,777 SF)
Zoning code
PSM*
APN
5748-005-001
UPID
US09-6504300
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.36M
Owner & transaction history
since 2021
Last sale
$11.7M
7 recorded transactions
Zoning & alternative use
PSM* · Pasadena, CA
Top alternative use upside
Restaurant
$7.1M
+89.1%
Neighborhood: shopping center
$6.2M
+64.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 9 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$11.36M
Value range
$10.22M – $12.50M
±10% around blend
Estimated value / SF
$1,114 / SF
Confidence
High
9 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
90
$10.22M
blend $11.36M
$12.50M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
10,200 SF
Lot area
0.32 ac
Year built
1947
Stories
1
APN
5748-005-001
Zoning
PSM*
Assessed value
$4,057,560
Annual tax
$46,594
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$3.04M
Weighted, 9 comps · high confidence
Evidence
9 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.6 mi away · 12,600 SF
6.3 mi away · 7,152 SF
6.6 mi away · 7,200 SF
7.7 mi away · 8,640 SF
8.1 mi away · 10,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$11.36M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 19 sales
$370
+201%
Submarket 35 sales
$422
+164%
County 3630 sales
$272
+310%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $1,114/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+89%
vs current-use indication
Neighborhood: Shopping Center
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 9 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$11.70M
Move the market yield to see immediate price impact.
Value / SF
$1,147
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$737k
$14.74M
$10.53M
$8.19M
$819k
$16.38M
$11.70M
$9.10M
$901k
$18.02M
$12.87M
$10.01M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
9 found
High confidence · county-verified
Closest comparable
$1.50M
5.4 mi · Oct 2025 · $203/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$46,594
Tax year 2024
Assessed value
$4,057,560
Assessed 2024
Previous assessed
$4,057,560
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$1,560,600
Assessed improvement
$2,496,960
Applied tax rate
7.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
10,200 SF
Lot
0.32 ac (13,777 SF)
Zoning code
PSM*
APN
5748-005-001
UPID
US09-6504300
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PSM* · Pasadena, CAZoning PSM* · permitted uses
PSM* · Pasadena, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.32 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PSM*
Jurisdiction
Pasadena, CA
Recorded code
PSM*
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PSM* in Pasadena, CA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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