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29567624
29567625

1191 E Walnut St, Pasadena, CA 91106 For Sale

SS
CA 01089464
Marcus & Millichap - Encino
Marcus & Millichap - Encino
Listed by Marcus & Millichap - Encino
Unpriced
165 days on market
Updated 131 days ago
Under Contract

1191 E. Walnut Street, Pasadena, CA

Details
APN 5738-015-036
Property Type Office
Sub Type Traditional Office
Square Footage 2,160
Net Rentable (SqFt) 2,160
Tenancy Vacant
Year Built 1955
Buildings 3
Stories 2
Lot Size (SqFt) 5,533
Zoning CG
Investment Type Owner/User

Pasadena Lender Owned Office Property-Excellent Owner User Opportunity

Marketing description

The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 1191

E Walnut Street, a 2,160 square foot office asset situated on 0.13 acres (5,533 SF) of land,

ideally located just north of Pasadena’s primary commercial corridor along Colorado Boulevard.

The property is currently vacant, having been formerly occupied by a single psychology

practice, creating an immediate owner-user or value-add opportunity. An owner-user may occupy the

property for their own business operations, while a value-add investor has the ability to

reposition the asset with a market-rate tenant or multiple tenants, depending on the desired use

and configuration.

Zoned CG (Commercial General), the property benefits from a broad commercial zoning designation

that allows for a wide range of professional, medical, creative, and service-oriented uses.

The site is comprised of three structures, including the original two-story office building, a

separate converted office unit, and a detached storage/office structure. The main building includes

four (4) offices on the ground floor with shared restrooms, along with two additional rooms and a

bathroom on the second floor. Two rear patio areas provide access to the detached units, allowing for

flexible separation of uses or ancillary workspace.

The property is served by four (4) easily accessible street-front parking spaces, including one

ADA-designated space, and is equipped with a handicap elevator, providing functional accessibility.

Additionally, due to the property’s proximity to public transit, AB 2097 eliminates municipal

parking requirements, materially enhancing future use flexibility and reducing constraints

for re-tenanting or owner occupancy. The site boasts a Walk Score of 89 (“Very Walkable”) and is

located approximately 0.3 miles north of Colorado Boulevard, offering convenient access to

restaurants, cafés, shops, and daily amenities within a five-minute walk. The property is also

positioned approximately 0.5 miles from Pasadena City College, one of the area’s primary educational and employment anchors.

Investment highlights

VACANT OFFICE ASSET WITH IMMEDIATE OWNER-USER APPEAL

Currently Vacant:

Allows immediate occupancy for an owner-user or near-term lease-up for a value-add investor.

Flexible Occupancy Options

Suitable for single-tenant or multi-tenant use depending on the buyer’s strategy.

Broad Commercial Zoning

CG zoning supports a wide variety of professional, medical, creative, and service-oriented uses.

Small-Scale Pasadena Ownership Opportunity

Rare opportunity to control a standalone office asset in a highly desirable and supply-constrained submarket.

Listing Contacts

SS
CA 01089464
Marcus & Millichap - Encino
Marcus & Millichap - Encino
Listed by Marcus & Millichap - Encino

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