55 Waverly Dr

The offering

Property offering

Asking price

$6,940,000

Building area

13,880 SF

Offering

Creative Office Investment Building for Sale

Land area

13,287 SF

Year built

1925

Renovated

1997

The property

Creative Office Investment Building for Sale

55 Waverly Drive in Pasadena, California, is a distinctive property that seamlessly blends historical architecture with modern functionality. Originally constructed in 1925, the building underwent a comprehensive renovation in 1997, preserving its industrial charm while updating its facilities.

Lot: 13,287 SQFT

Occupancy: Multi-tenant, housing tenants across various industries, ensuring a steady income stream for potential investors.

Design: The interior boasts an industrial aesthetic, featuring exposed brick walls, high ceilings with bow truss designs, and concrete flooring. Notably, Unit 101 is configured as a live-work space, complete with a full kitchen, bathroom, laundry hookups, and two dedicated parking spaces

Proximity to Amenities: Nestled on a tranquil street, 55 Waverly Drive offers tenants a serene environment while being just a short drive from Old Pasadena and South Pasadena. This prime location provides easy access to a variety of shopping, dining, and entertainment options.

Transportation: The property is conveniently located near the Metro Gold Line and offers easy access to the 210 and 134 freeways, facilitating straightforward commutes to and from the area.

Parking: Unit 101 has two dedicated parking spaces.

Terms: Fully leased, nine tenants.

• 13,287 SF lot
• Exposed brick, bow-truss ceilings, and concrete floors
• Access to the 210 and 134 freeways and nearby rail transit
• Ask the agent for the current rent roll and occupancy; a separate Suite 101 lease offering is also published

Property brochure

View the published brochure, including additional photographs and plans where provided.

Location

55 Waverly Dr, Pasadena, CA 91105