For sale
Office Units
CA
Pasadena
1245 E Walnut St

Pasadena Office Building For Sale

1245 E Walnut St, Pasadena, CA

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For Sale

Contact for pricing

6,536 SF office building with owner-user potential.

Type:OFFICE

Property size:

6,536 SF

Lot size:

0.39 Acres

Price / SF:

$413/SF

HighLights

8 Vacant Suites (±2,860 SF / ±44%) - Perfect for owner‑user looking to occupy a portion of the building.
Significant rental upside with 8 tenants on month‑to‑month leases below market value.
Total building size of 6,536 SF.
Lot size of ±16,881 SF.
16 individual suites.
Opportunity for immediate rent increases, maximizing your investment.

We can help!

Listing Contact

Han Widjaja Chen

For Sale

Contact for pricing

6,536 SF office building with owner-user potential.

Type:OFFICE

Property size:

6,536 SF

Lot size:

0.39 Acres

Price / SF:

$413/SF

Added:: Oct 2, 2025
Days on Market:: 259
Last Refresh:: May 19 at 10:58 pm

Property Features for 1245 E Walnut St

General Information

Standard status: Active
Size: 6,536 SF
Lot size: 0.39 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Han Widjaja Chen

Listing agent Han Widjaja Chen License #00996775

Listing office Growth Investment Group California

Listing date Oct 2, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Growth Investment Group California

HighLights

8 Vacant Suites (±2,860 SF / ±44%) - Perfect for owner‑user looking to occupy a portion of the building.
Significant rental upside with 8 tenants on month‑to‑month leases below market value.
Total building size of 6,536 SF.
Lot size of ±16,881 SF.
16 individual suites.
Opportunity for immediate rent increases, maximizing your investment.

Overview

The property features a 6,536 square-foot building situated on a ±16,881 square-foot lot. The building is divided into 16 individual suites. Eight of these suites, totaling approximately ±2,860 square feet or ±44% of the building, are currently vacant and will be delivered as such, making the building suitable for an owner-user. The remaining eight tenants are on month-to-month leases with rents significantly below market value, presenting an opportunity for an owner-user or developer to increase rents and boost income.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$219.6k	$33.60
− Vacancy	−$32.9k	−$5.04
EGI	$186.7k	$28.56
− OpEx	−$46.7k	−$7.14
NOI	$140.0k	$21.42

6,536 SF · lease $33.60/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$2.00M

$1.75M – $2.33M (±1% cap)

NOI $140,001 @ 7.0% cap · market cap 5.19%

Second Best

—

no second resolved use

Theoretical Best

Multifamily LT 5

$147.13M

$128.73M – $171.65M (±1% cap)

NOI $10,298,797 @ 7.0% cap · market cap 381.44%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

ALTA Video Productions Film Production Mitch Halpern Realty ... Property Management Company Sound Snob Recording Studio Youth & Family Services Medical Clinic Pasadena Council on Alcoholism ... Social Service Agency

Suggested Use

Location Insight

Map
Local Demand

City: Pasadena
County: Los Angeles
State: California
Longitude: -118.125
Latitude: 34.1499

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For sale
Office Units
CA
Pasadena
1245 E Walnut St

What type of property is this?

Office units - 6,536 SF office building with owner-user potential.

Where is this office units located?

The property is located at 1245 E Walnut St Pasadena, CA.

What is the asking price?

The asking price for this property is $2,700,000.

What are key features of this property?

This property features: 8 Vacant Suites (±2,860 SF / ±44%) - **Perfect for owner‑user looking to occupy a portion of the building.**; Significant rental upside with 8 tenants on month‑to‑month leases below market value.; Total building size of 6,536 SF.

1245 E Walnut St, Pasadena, CA

6,536 SF office building with owner-user potential.

Property Features for 1245 E Walnut St

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Corner-Unit Triplex with Courtyard

Corner Triplex with Courtyard

Pasadena Duplex: Versatile Redevelopment Opportunity

Pasadena Quadruplex with Upside Potential

Pasadena Triplex with Development Potential

Pasadena Hotel on Rose Parade Route

Pasadena Duplex Investment Opportunity

Pasadena Auto Body Facility

Pasadena Duplex: Income Opportunity

Pasadena Freestanding Office Building

Commercial Building in Pasadena, CA

Pasadena Land for Development

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