Property Listing No Longer Available for Sale

1191 East Walnut Street, Pasadena, CA

Office for Sale - $825,000 - 2,160 Sq. Ft.


Property Info

CIMLS#914154
Location
  1191 East Walnut Street
  Pasadena CA 91106
UpdatedNovember 4th, 2016
TypeOffice
Price$825,000
Building2,160 Sq. Ft.

Property Description

One-of-a-kind professional office building comprised of two structures with lots of character and green space. A must see. Ideal for an insurance, accounting, legal, or real estate practice and currently rented to individual therapists.

Location Description:

Located in the central Pasadena a few blocks east of Lake Avenue and minutes from the I-210 freeway.

Highlights:

>> REDUCED $825,000

>> Two buildings measuring a total of 2,160 SF on a 5,532 SF lot per Los Angeles County Assessor

>> Year Built: 1955 and completely renovated in 2004 to commercial office standards

>> Parking: 4 parking stalls with access to rented spaces at an adjacent lot

>> Zoning: CG

>> $56,000 in annual gross income from short term leases

>> Ideal for an owner-user requiring 100% of the property or a portion while retaining the ability to capture a measure of recurring rental income

>> Perfect for a private practice CPA, attorney, insurance agent, therapist, mortgage broker to name a few

* Email for additional photos


Financials


Similar Listings