Pasadena (SW) (647) Homes with Office Subtype

Pasadena (SW) (647) Homes with Office Subtype

Welcome to Pasadena (SW) (647), a charming region located in the beautiful state of California. Known for its rich history, stunning architecture, and vibrant community, Pasadena is a highly sought-after city for those looking to settle down in a place that offers both tranquility and excitement.

Homes with the Office Subtype in Pasadena (SW) (647) are a popular choice for those seeking a versatile living space that accommodates both work and leisure. Whether you work from home, run a small business, or simply need a dedicated space for studying, these homes offer the perfect solution. With well-designed office spaces, you can enjoy the convenience of working from the comfort of your own home while still being close to all the amenities that Pasadena has to offer.

Living in Pasadena (SW) (647) means being surrounded by a variety of dining, shopping, and entertainment options. Explore the local boutiques and cafes, take a stroll in one of the many parks, or immerse yourself in the vibrant arts and culture scene that the city is known for. With easy access to major highways and public transportation, getting around Pasadena and beyond is a breeze.

If you're looking for a home that combines functionality with style in the heart of Pasadena, Homes with the Office Subtype in Pasadena (SW) (647) are the perfect choice for you. Don't miss out on the opportunity to make this vibrant community your new home sweet home.

Newest Pasadena (SW) (647) Homes with Office Subtype

$2,500,000
AR26116221 MLS Active Status The Portofino BLDG.
Value-add Opportunity! Prime Location Owner-User or Value-add or Mixed-Use Redevelopment Opportunity, Superb location between Lake Ave & Hill Ave, south of 210 FWY, One of the Best Value-add Deal with ±44% Vacancy, Wide range of Allowed Use including Medical use and Medical R&D, Adjacent to Approved 34-condo project, CG Zone - MULTIPLE USE/REDEVELOPMENT OPTIONS - Owner Since 1973. The PORTOFINO - 1245 E Walnut St, Pasadena, CA. This Value-add commercial property is single story commercial office/retail with superb exposure right on Walnut St, located between Lake Ave and Hill Ave, and south of 210 FWY, it is the first time this property is being offered for sale since 1973! It is on a large ±16,881 SF/0.39ACRE corner lot with high density CG (ECSP-CG-1 Commercial General - HIGH DENSITY) zoning - Allowed Use: This flexible zoning allows Retail, also permits medical offices, professional office suites, medical R&D, multi-family residential projects, and transit-oriented developments (BUYER TO VERIFY!). A savvy developer would be able to maximize this lot with a high-density mixed-use redevelopment project (ground floor retail, and residential on subsequent floors) or a 100% affordable development which will remove any density limit. It has a total of 6,536SF building size on a ±16,881SF lot. It is separated into 16 individual suites. 8 of the suites are vacant and will be delivered vacant (approximately ±2,860 SF / ±44% - buyer to verify) which makes this building suitable for an owner-user. The remaining 8 tenants are all on month-to-month rent and are significantly below market. This clear rental upside provides clear opportunities for an owner-user or developer to immediately increase the rents and boost the current income. The property has a wide ±150ft exposure on Walnut Street and offers a CG (Commercial General) zoning which should allow much higher density redevelopment options (buyer to verify). The zoning allows a wide range of uses including (but not limited to): Medical use, Medical R&D, Retail, Residential, Transit-Oriented Development, Professional Office, and other wide range of uses. It enjoys a high traffic volume of ±16,808 CPD and has superb demographics with ±$125,686 average household income within a mile radius. The building has attractive curb appeal and separately metered for electricity. There are 17 electrical meters – the main panel has been updated. There are 2 shared bathrooms.

1245 E Walnut Street, Pasadena

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.