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Property profile

950 S Arroyo Pkwy Pasadena, CA 91105

FOR LEASE
Medical Office Space
Property ID
US09-7330341
18,200 SF 0.48 ac lot Built 1981
Last sale Jul 2010 · $7,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 950 S Arroyo Parkway in Pasadena is a medical office building offering multiple individual suites ranging from approximately 1,300 to 2,600 square feet. The building is configured for medical office use and includes interior finishes intended for office occupancy; many suites include private balconies, and many units have views toward the San Gabriel Mountains. The building is located about 1.3 miles from Huntington Memorial Hospital and provides access to both the 110 and 210…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$101k
Tax billed · 2024
Assessed value$8.79M
Assessed land$4.52M
Assessed improvement$4.27M
Effective rate1.15%

Value estimate

· Oct 2026
$2.42M
$2.17M – $2.66M
Submarket $/SF estimate$1.83M
NOI build-up
Gross scheduled income$88k
Vacancy & credit loss−$9k
Operating expenses−$32k
NOI · 1,353,628.57% cap applied$47k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$455/SF
County average, outlier-cleaned · 373 recorded sales of this use type
Observed band · Q1–Q3$230 – $742
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1,353,628.57%
$47k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PSC-
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service12.7
Barber Shop12.2
Carpet & Flooring Store10.5

Location

950 S Arroyo Pkwy Pasadena, CA 91105
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
630 Raymond, Pasadena, CA 91105-3278 $35,000,000 May 2024 58,559 SF
536 Fair Oaks, Pasadena, CA 91105-2606 $3,850,038 Nov 2022 2,988 SF
1035 Fair Oaks, Pasadena, CA 91105-2699 $11,750,117 May 2019 6,126 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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