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Property profile & analytics
OFF-MARKET
Estimated value
$5,065,000
Manufacturing properties
995 Fair Oaks Ave Pasadena, CA 91105-2631
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0244747
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1949
Total area
8,415 SF
Lot
0.48 ac (20,834 SF)
Zoning code
PSM*
APN
5719-022-101
UPID
US10-0244747
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
-
Nightsun Performance Lighting (Bike/Boat/Book/etc) Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.11M
Blend (final)
Blend
$5.07M
Owner & transaction history
Pasadena Ca Senior Landco LLC · 2 yrs held
Pasadena Ca Senior Landco LLC
since 2023
Last sale
$5.3M
6 recorded transactions
Zoning & alternative use
PSM* · Pasadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.9M
+65.7%
Neighborhood: shopping center
$5.1M
+44.1%
Office building
$4.7M
+33.0%
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
$4,800,000
ML approach
$4,905,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,555,000
Current use
RESTAURANT
$5,885,000
Change: +66% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,120,000
Change: +44% · Conversion: Difficult
OFFICE BUILDING
$4,725,000
Change: +33% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,210,000
Change: +19% · Conversion: Easy
RETAIL STORES
$4,185,000
Change: +18% · Conversion: Moderate
MEDICAL BUILDING
$3,825,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,300,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$5.07M
Range $4.56M – $5.57M · ±10% · vs last sale $5.25M (Nov 2 2023)
Last sale anchor
$5.25M
Nov 2 2023
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
$602 / 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
$59,855
Tax year 2024
Assessed value
$5,250,000
Assessed 2024
Previous assessed
$5,250,000
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$3,000,000
Assessed improvement
$2,250,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1949
Heating
NONE
Buildings
2
Stories
1
Total area
8,415 SF
Lot
0.48 ac (20,834 SF)
Zoning code
PSM*
APN
5719-022-101
UPID
US10-0244747
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PSM* · Pasadena, CA
Zoning PSM* · permitted uses
PSM* · 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
INDUSTRIAL (GENERAL) Current
Est. value
$3.6M
RESTAURANT
Est. value
$5.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.1M
OFFICE BUILDING
Est. value
$4.7M
AUTO REPAIR, GARAGE
Est. value
$4.2M
RETAIL STORES
Est. value
$4.2M
MEDICAL BUILDING
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$3.3M
INDUSTRIAL (GENERAL) Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1949
Heating
NONE
Stories
1
Buildings
2
Lot
0.48 ac
Current owner
From public records · entity-resolved
Pasadena Ca Senior Landco LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1000 LEGION PL STE #1600, ORLANDO, FL 32801-1060
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2023
$5,250,000
Pasadena Ca Senior Landco LLC
909 Fair Oaks Colonial LLC
Grant Deed
—
May 5, 2021
$3,210,000
909 Fair Oaks Colonial LLC
Arlington Development LLC
Grant Deed
—
Nov 29, 2017
—
George Family Trust
George Family Trust
Quit Claim Deed
related
—
Nov 29, 2017
$3,800,000
Arlington Dev LLC
George Family Trust
Grant Deed
$1,735,000 · Bank Leumi USA
Jul 3, 2002
—
Tobin A George
George,t A & M M
Quit Claim Deed
related
—
Oct 28, 1994
$728,000
Tobin A George
Takei Trust
Grant Deed
$628,000 · Seller
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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