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Property profile & analytics
FOR SALE
Office buildings
959 E Walnut St Pasadena, CA 91106
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6358029
For Sale
1 / 23
$8,975,000
959 E Walnut St, Pasadena, CA 91106
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1979
Construction
WOOD
Total area
34,205 SF
Lot
0.93 ac (40,438 SF)
Zoning code
PSC-
APN
5738-006-026
UPID
US09-6358029
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
-
ACS Material, LLC Chemical Plant
-
Lindamood-Bell Pasadena Learning Center Training Center Tutoring Service
-
Armond Ohan Loan Officer Loan Service Bank
-
Bennett Medical Services Production Facility
-
Melien Institute of Regenerative Medicine Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.03M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.98M
Owner & transaction history
Twd Properties LLC · 9 yrs held
Twd Properties LLC
since 2017
7 recorded transactions
Zoning & alternative use
PSC- · 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%
$13,025,000
6.5%
$12,025,000
7%
$11,165,000
Blend value · Realmo final
$8.98M
Range $8.08M – $9.87M · ±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
$262 / 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
$125,922
Tax year 2024
Assessed value
$10,695,592
Assessed 2024
Previous assessed
$10,695,592
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$3,754,835
Assessed improvement
$6,940,757
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
OFFICE BUILDING (MULTI-STORY)
Status
For Sale
Year built
1979
Construction
WOOD
Heating
NONE
Stories
2
Total area
34,205 SF
Lot
0.93 ac (40,438 SF)
Zoning code
PSC-
APN
5738-006-026
UPID
US09-6358029
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PSC- · Pasadena, CA
Zoning PSC- · permitted uses
PSC- · 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.
Building & site characteristics
From public records
Year built
1979
Construction
WOOD
Heating
NONE
Stories
2
Lot
0.93 ac
Current owner
From public records · entity-resolved
Twd Properties LLC
Entity
Mailing address
280 S BEVERLY DR STE #312, BEVERLY HILLS, CA 90212-3903
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Mar 26, 2020
—
Twd Properties LLC
—
Deed
related
$7,700,000 · Phl Variable Ins Co
Jun 30, 2017
—
Twd Properties LLC
—
Deed
related
$6,260,000 · Boston Private Bank & Trust Company
Apr 10, 2017
$11,125,000
Twd Properties LLC
Walnut Pasadena Properties LLC
Grant Deed
$3,060,000 · Aeme Investments LLC
Nov 8, 2016
—
Walnut Pasadena Properties LLC
—
Deed
related
$5,000,000 · California Cu
Feb 1, 2007
—
Walnut Pasadena Properties LLC
Melrose Land Co
Grant Deed
$6,600,000 · Greenwich Capital Financial Product
Oct 4, 2005
—
Melrose Land Co INC
Walmen Properties
Grant Deed
$4,712,500 · Cedars Bank
—
—
Twd Properties LLC
—
Deed Of Trust
related
$7,700,000 · Phl Variable Ins Co
—
—
Walnut Pasadena Properties LLC
—
Deed Of Trust
related
$5,000,000 · California Cu
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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