Property profile

47 Walnut St Pasadena, CA 91103

OFF-MARKET
Investment properties
Property ID
US09-6967743
12,037 SF 0.11 ac lot Built 1926
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A office building, located at 47-49 E Walnut Street in Pasadena, CA 91103, offers 16,351 square feet of versatile space. The three-story building features a mix of private offices, open work areas, collaborative spaces, and conference rooms, ideal for a variety of office uses, including creative, executive, and traditional office settings. The property boasts state-of-the-art production space, edit bays, and studio space, complemented by dramatic rooftop patios. Significant technological infrastructure is already in place, making this a truly move-in ready opportunity. The interconnected buildings are efficiently designed and benefit from on-site and ample neighborhood parking. The property is zoned PSC and is being offered for sale by owner. This architecturally significant building presents a unique chance to own a stunning office campus in the vibrant city of Pasadena, within Los Angeles County. The property is an owner-user dream, offering a blend of fully renovated and new construction.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1926
Construction TILT-UP CONCRETE
Total area 12,037 SF
Lot 0.11 ac (4,886 SF)
Zoning code PSC-
APN 5723-001-017
UPID US09-6967743

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

47 Walnut St Pasadena, CA 91103-3832
Pasadena metro Census 461902 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.33M
Blend (final) Blend
$1.70M

Owner & transaction history

since 2023
7 recorded transactions
2026
Price N/A
2023
Price N/A
2013
Price N/A
2010
Price N/A
1999
$1.1M
1998
$1.6M
1988
$333,500

Zoning & alternative use

PSC- · Pasadena, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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