Pasadena (SW) (647) Homes with Office Subtype

Pasadena (SW) (647) Homes with Office Subtype

Welcome to Pasadena, California – a vibrant city located in the heart of Los Angeles County, known for its rich history, stunning architecture, and a thriving cultural scene. Nestled at the foot of the San Gabriel Mountains, Pasadena offers a unique blend of urban convenience and suburban charm, making it one of the most desirable places to live in Southern California.

The region boasts a diverse array of neighborhoods, each with its own character and appeal. From the historic homes of Old Town to the serene streets of the Arroyo Seco, Pasadena offers something for everyone. The city is renowned for its beautiful parks, world-class dining, and cultural institutions such as the Norton Simon Museum and the Pasadena Playhouse. With excellent schools and a strong sense of community, it’s no wonder that families and professionals alike are drawn to this picturesque locale.

For those seeking the perfect home office setup, Pasadena's real estate market features a variety of homes with dedicated office spaces. These thoughtfully designed properties cater to the modern professional, providing a quiet and inspiring environment to work from home. Whether you’re looking for a cozy bungalow or a spacious contemporary home, you’ll find options that seamlessly blend comfort and functionality.

Imagine having the convenience of a home office just steps away from your living space, allowing you to maintain a healthy work-life balance. With Pasadena's stunning surroundings and a welcoming community, you’ll not only find a place to live but a place to thrive. Discover your dream home in this enchanting city today!

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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