Pasadena (SW) (647) Homes with Office Subtype

Pasadena (SW) (647) Homes with Office Subtype

Welcome to Pasadena, California, a vibrant city nestled in the heart of Los Angeles County, renowned for its rich history, cultural diversity, and stunning architecture. Known for its picturesque neighborhoods, Pasadena boasts a unique blend of classic charm and modern conveniences. As you explore this dynamic region, you’ll discover tree-lined streets, beautiful parks, and an array of dining and shopping options that cater to every taste.

Pasadena is not just a feast for the eyes; it also offers a thriving community atmosphere. With a variety of local events, art galleries, and theaters, the city is a hub for creativity and innovation. The famous Rose Bowl and the annual Rose Parade are just a few highlights that showcase the city’s festive spirit and community pride.

For those seeking a home that accommodates both work and leisure, the homes with office subtypes in Pasadena are an ideal choice. These properties are designed to provide a seamless blend of professional and personal spaces, allowing you to work from the comfort of your own home. Whether you’re a remote worker, entrepreneur, or simply need a quiet space for study, these homes offer dedicated office areas that enhance productivity without sacrificing comfort.

Imagine starting your day with a cup of coffee in your home office, surrounded by the beauty of Pasadena. With a range of styles and sizes available, you can find the perfect sanctuary that meets your needs. Embrace the opportunity to live in a city that harmoniously balances work and life, all while enjoying the unique charm of Pasadena. Your dream home awaits!

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

Start Your Search

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.