1191 E Walnut St - Office/Residential FOR SALE


Pasadena, CA 91106- Catalina Villas
$1,100,000 USD
818-292-3175
1191 E Walnut St, Pasadena, CA for Sale
$1,100,000 USD
Office/Residential - FOR SALE
1/37
null | Request Cap Rate

1191 E Walnut St
Pasadena, CA 91106
Catalina Villas


HIGHLIGHTS

  • Vacant Office Asset with Immediate Owner-User Appeal

OVERVIEW

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 will be delivered 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.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$431 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

PSC-

APN/PARCEL ID

5738-015-036

ASK ABOUT THIS PROPERTY

Brandon MichaelsThe Brandon Michaels GroupMore Info
818-292-3175

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Brandon MichaelsThe Brandon Michaels GroupMore Info
818-292-3175

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.