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10468547
10468546

55 Waverly Dr, Pasadena, CA 91105

HM
CA 00971669
MacVaugh & Co
Listed by MacVaugh & Co
$6,940,000
2810 days on market
Updated 6 days ago

55 Waverly Dr

Details
APN 5713-028-014
Property Type Office
Sub Type Creative Office
Square Footage 13,880
Net Rentable (SqFt) 13,015
Units 9
Occupancy 100%
Tenancy Multi
Lease Type Gross
Rent Bumps Yes
Broker Co-Op Yes
Class B
Year Built 1925
Year Renovated 1997
Buildings 1
Stories 1
Lot Size (SqFt) 13,287
Zoning PSC
Parking Spaces 2 spaces
Parking Per SqFt 0.14
Investment Type Stabilized
Tenant Credit Credit Rated
Ground Lease Yes

100% Leased Investment Opportunity

Marketing description

Beautifully redone 1925 office building. Last renovation was in 1997 when the current owner purchased. 100% occupied with nine (9) tenants. Unit 101 is built out with live-work capability and has two (2) parking spaces. The interior of each unit is decorated with an industrial feel – exposed brick walls, high ceilings, bow truss ceilings and concrete flooring. The building location gives tenants a quiet feel while only being a few minute drive from old pasadena.

Investment highlights

  • Year built: 1925

  • Lot size: 13,287

  • Units: 9 - fully occupied

  • Year renovated: 1997

  • Zoning: psc

  • Apn: 5713-028-014

  • Beautiful industrial design - exposed brick walls,

  • Concrete flooring and bow truss ceilings

  • Units range from 860 - 4,000 sqft

  • One live-work unit

  • Located on a quiet street about 5 minutes away

  • From old pasadena and south pasadena

  • Access to metro gold line, 210/134 freeways

Listing Contacts

HM
CA 00971669
MacVaugh & Co
Listed by MacVaugh & Co

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