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Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Office buildings
905 Msn St South Pasadena, CA 91030-3143
Trust Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8950123
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1941
Construction
CONCRETE
Total area
5,976 SF
Lot
0.3 ac (12,972 SF)
Zoning code
SPM*
APN
5315-020-004
UPID
US09-8950123
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
-
Mission West Kitchen and Bath Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.08M
Owner & transaction history
Adamson Thano J & K L Trust · 18 yrs held
Adamson Thano J & K L Trust
since 2008
7 recorded transactions
Zoning & alternative use
SPM* · 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
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
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±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
$181 / 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
$12,371
Tax year 2024
Assessed value
$901,135
Assessed 2024
Previous assessed
$901,135
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$481,593
Assessed improvement
$419,542
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1941
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
5
Total area
5,976 SF
Lot
0.3 ac (12,972 SF)
Zoning code
SPM*
APN
5315-020-004
UPID
US09-8950123
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SPM* · South Pasadena, CA
Zoning SPM* · permitted uses
SPM* · 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
1941
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
5
Lot
0.3 ac
Current owner
From public records · entity-resolved
Adamson Thano J & K L Trust
Trust
Free & Clear · 18 yrs held
Mailing address
853 MSN ST, SOUTH PASADENA, CA 91030-3141
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
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
Jun 18, 2024
—
Thano J Adamson
—
Deed
related
$1,000,000 · Citizens Business Bank
May 28, 2008
—
Adamson Thano J & K L Trust
Adamson,thano J & Katherine L
Quit Claim Deed
related
—
Apr 17, 2001
$610,000
Thano J Adamson
Walker Trust
Grant Deed
$432,000 · Granite State Bank
Oct 13, 2000
—
Walker Hubert M
Walker,h M & D B
Quit Claim Deed
related
—
Mar 15, 1996
$725,000
Hubert M Walker
Dots,richard E & Lynn S
Grant Deed
—
Oct 11, 1989
$35,500
Armando F Decastro
Unknown
Grant Deed
—
Dec 23, 1988
—
William Mitchell
Rober
Quit Claim Deed
related
—
—
—
Ana T Decastro
—
Deed Of Trust
related
$90,000 · First Franklin Financial Corp
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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