OWNER-USER OFFERING IN PASADENA, CA

Kidder Mathews is pleased to present 33-55 East Walnut Street, an owner-user or investment offering that delivers an amazing opportunity to acquire a stunning creative office campus in the heart of Pasadena

It is an owner-user’s dream opportunity to enter one of the most vibrant cities in the country. The campus is ideal for a creative office or entertainment user with its remarkable design, considerable technological infrastructure, creative floor plans, and spectacular rooftop patios.

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Property Details

Address 33-55 E Walnut Street
Pasadena, CA
Gross Building Size 44,453 SF
Gross Land Size 29,745 SF
Parking 8,918 SF - 19 single-stall spaces
Parcel Nos. 5723-001-026, 5723-001-016,
5723-001-017, 5723-001-018
Zoning PSC

*Select properties are available separately

FOUR

CONTIGUOUS PROPERTIES

46,899 SF

TOTAL SIZE

INVESTMENT
HIGHLIGHTS

33-55 E Walnut Street is an architectural gem in the heart of Pasadena, offering a stunning creative office campus opportunity

Move-in ready with significant office & technological infrastructure

State-of-the-art production space, edit bays & studio space

Dramatic usable rooftop patios and office space

Mixture of fully renovated and new construction buildings

All buildings are interconnected and efficiently designed

Architecturally significant design

Mixture of private offices, open space, collaborative areas & conference rooms

On-site and neighborhood parking

Site Plan

8,918 SF

PARKING LOT

12,885 SF

Building 1
35-37 E Walnut


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10,367 SF

Building 2
43-45 E Walnut

16,351 SF

Building 3
47-49 E Walnut


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4,850 SF

Building 4
55 E Walnut


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Pasadena Overview

Pasadena is home to some of the most well-respected research, technology, and healthcare institutions in the nation

Located only 11-miles northeast of downtown Los Angeles, its central location makes the region a sought-after destination for companies within those industries. Direct office vacancy throughout the city stood at 12.9% at the end of 2023, which has remained relatively steady since 2020. The Greater Los Angeles office market report a direct vacancy of 15% to close 2023. Pasadena has seen limited office development over the last several years with only 200,000 SF currently under construction, further tightening the market. Additionally, Pasadena has only seen a slight increase in direct vacancy since 2019, illustrating the regions strong market fundamentals.

Located blocks from Old Town Pasadena — one of the West Coast's most vibrant shopping, dining, and entertainment destination districts boasting mountain views and world-class cultural institutions


12.9%

DIRECT OFFICE VACANCY

$141,889

AVG HOUSEHOLD INCOME

137,000

PASADENA RESIDENTS