1240 E Walnut Street Pasadena, CA ^$ 2,600,000

1240 E Walnut Street

^$ 2,600,000

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1240 E Walnut Street

Pasadena, CA, 91106

^$ 2,600,000

Studio Baths0.0 Sq 5,586

Monthly Estimate*

^$ 18,162

Listed by Imperial Real Estate

1240 E Walnut Street, Pasadena, CA 91106 - Image 1

1240 E Walnut Street, Pasadena, CA 91106 - Image 2

1240 E Walnut Street, Pasadena, CA 91106 - Image 3

1240 E Walnut Street, Pasadena, CA 91106 - Image 4

1240 E Walnut Street, Pasadena, CA 91106 - Image 5

1240 E Walnut Street, Pasadena, CA 91106 - Image 6

Studio

Commercial Property for sale in Pasadena, CA

for $2,600,000. This 5,586 square foot building was built in 1925 on a lot size of 0.1716.

Rare opportunity for an owner-user in the auto repair business to acquire an existing auto repair mixed-use building with an apartment above the shop. Advance Muffler and Auto Repair business equipment and license also available for sale. SBA or conventional financing available.

Commercial Active

Price

^$ 2,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

MixedUse

Lot Size

0.1716

Year Built

1925

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

SB22156858

Days on Market

666

Features

General

Heating Central

Year Built 1925

Property SubType MixedUse

Business Type AutoRepairSpecialty AutoService

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Walnut & Michigan Ave

City Pasadena

View Y/N N

Senior Community Y/N N

MLS Area 648 - Pasadena (SE)

Lot Size Square Feet 7476.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Walnut

Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 356

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Owner

Property Sub Type Additional MixedUse

Exterior

Lot Features Item01UnitAcre RectangularLot

Water Source Public

Lot Size Area 7476.0

Spa N

Building Area Total 5586.0

Lot Size Acres 0.1716

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Laundry Features None

Electric On Property Y/N N

Internal Only

Street Number 1 1240

* Excluded Features

List By

Imperial Real Estate

Broker

(310) 667-1469

Phone

Affordability Calculator

$18,162

Per Month

Monthly Principal & Interest: $18,162
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Pasadena, CA

Average List Price ^$1,943,684

Percent of Sale Price 25%

About Pasadena, CA

141,450 Population

6% Since 2002

^$77,514 Median Income

39.52 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/16/2023	$2,600,000	-17.46%	Price Down
11/15/2022	$3,150,000	-10.00%	Price Down
7/17/2022	$3,500,000		Listed Price

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1240 E Walnut Street, Pasadena, CA, 91106 is a Commercial Property for sale at $2,600,000 with 5,586 sqft and a lot size of 0.1716. 1240 E Walnut Street is a studio with 0.0 baths and was built in 1925. The property's zip code is 91106 which is in Pasadena, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/12/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1240 E Walnut Street

Commercial Property for sale in Pasadena, CA

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