Pasadena (SW) (647) Homes with Office Subtype

Pasadena (SW) (647) Homes with Office Subtype

Welcome to the enchanting neighborhood of Pasadena, California, nestled in the heart of Los Angeles County. Known for its vibrant culture, stunning architecture, and rich history, Pasadena offers a unique blend of urban sophistication and suburban charm. With its picturesque tree-lined streets, world-class dining, and an array of cultural institutions, this city is a haven for those seeking a balanced lifestyle.

Pasadena is home to a diverse array of properties, including homes with dedicated office spaces that cater to today’s modern lifestyle. Whether you're a remote worker, entrepreneur, or simply need a quiet space to focus, these homes offer the perfect solution. Imagine stepping into your beautifully designed office, just a few steps away from your living area, allowing you to seamlessly blend work and home life.

Many of these homes retain the classic architectural styles that Pasadena is famous for, including Craftsman bungalows and Spanish Revival designs, while also incorporating contemporary amenities. You’ll find spacious layouts, abundant natural light, and serene outdoor spaces that inspire creativity and productivity.

Living in Pasadena means you’re not just buying a home; you’re investing in a community. Enjoy the nearby attractions such as the iconic Rose Bowl, the Norton Simon Museum, and the annual Rose Parade, all while being just a short drive from the bustling heart of Los Angeles.

Experience the best of both worlds in Pasadena – where your dream home with an office awaits, providing the perfect backdrop for both work and play. Explore the possibilities 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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