Pasadena (SW) (647) Homes with Office Subtype

Pasadena (SW) (647) Homes with Office Subtype

Welcome to Pasadena, a vibrant gem nestled in the heart of California's San Gabriel Valley. Known for its stunning architecture, rich cultural heritage, and beautiful tree-lined streets, Pasadena offers a delightful blend of urban conveniences and suburban charm. With its picturesque landscapes and proximity to Los Angeles, this city is an ideal location for those seeking a dynamic lifestyle without sacrificing comfort.

In Pasadena, you'll discover a diverse array of homes that cater to various lifestyles, particularly those designed with home offices. The rise of remote work has made dedicated office spaces more desirable than ever, and Pasadena’s homes with office subtypes are perfectly equipped to meet this demand. These thoughtfully designed properties provide a seamless blend of work and home life, allowing you to create a productive environment right within your own walls.

Imagine waking up in a beautifully appointed home, stepping into your serene office space, and enjoying the peace of mind that comes from having a dedicated area for work. Whether you prefer a cozy nook bathed in natural light or a spacious room that inspires creativity, Pasadena’s homes with office subtypes offer the flexibility to tailor your workspace to your unique needs.

Beyond the walls of your home, Pasadena boasts a vibrant community filled with cultural attractions, including the renowned Norton Simon Museum, the historic Rose Bowl, and an array of dining and shopping options. With excellent schools and lush parks, this region is not just a place to live; it’s a place to thrive. Embrace the Pasadena lifestyle and discover the perfect home with an office that meets your professional and personal aspirations!

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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