Pasadena (SW) (647) Homes with Office Subtype

Pasadena (SW) (647) Homes with Office Subtype

Welcome to the enchanting region of Pasadena, California, nestled in the heart of Los Angeles County. Renowned for its rich history, vibrant culture, and stunning architecture, Pasadena offers a unique blend of urban sophistication and suburban charm. With its iconic landmarks, such as the Rose Bowl and the stunning Gamble House, this city is a treasure trove of experiences waiting to be explored.

For those seeking a home that caters to both work and leisure, Pasadena's homes with office subtypes are a perfect fit. Imagine stepping into your beautifully designed home office, where creativity flows freely and productivity thrives. These residences are thoughtfully crafted to provide a seamless transition between your personal and professional life, allowing you to enjoy the best of both worlds.

The architectural diversity in Pasadena is truly remarkable. From charming Craftsman bungalows to contemporary masterpieces, there’s something for everyone. Many homes with office spaces are situated in serene neighborhoods, providing a peaceful backdrop for your workday, while still being close to the bustling energy of the city. Enjoy your lunch break in the nearby parks or take a stroll through the historic streets lined with blooming jacaranda trees.

Pasadena boasts excellent schools, a thriving arts scene, and a variety of dining options that cater to every palate. Whether you're hosting clients or enjoying family time, the community spirit here is palpable. Discover the perfect balance of work and play in Pasadena, where your dream home with an office 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

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