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188 N Holliston Ave 10,900 SF 50% Leased Flex Building Pasadena, CA 91106 $4,500,000 ($412.84/SF)
Investment Highlights
- Entire 2nd floor is a live work unit can be delivered vacant upon Close of Escrow
- Live work unit comes with garage.
- All units separately metered for electricity.
- Live Work space is more than 50% of building area - SBA!
- All (3) ground-floor offices are leased.
Executive Summary
MacVaugh & Co is pleased to present the unique investment opportunity of 188 N Holliston Ave. The 1946 building was reconfigured in the early 2000s as a live-work unit over a leased investment. The ground floor is divided into three leased creative offices, while the upper live-work level features a fully equipped kitchen/bar, two bedrooms, three bathrooms, and a generously sized studio that could be repurposed for additional living quarters. The property also boasts a rooftop lounge and a balcony off the living room.
Property Facts
Amenities
- Courtyard
- Roof Terrace
- Storage Space
- Balcony
Utilities
- Lighting
- Water
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Human Engine
- Arts, Entertainment, and Recreation
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99,999 SF
-
$9.99
-
Lorem Ipsum
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- Karma Train Productions
- Arts, Entertainment, and Recreation
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Your Name Creative
- Arts, Entertainment, and Recreation
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Human Engine | Arts, Entertainment, and Recreation | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| Karma Train Productions | Arts, Entertainment, and Recreation | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Your Name Creative | Arts, Entertainment, and Recreation | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
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Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 5738-009-070 | Improvements Assessment | $568,671 |
| Land Assessment | $227,458 | Total Assessment | $796,129 |
Property Taxes
Parcel Number
5738-009-070
Land Assessment
$227,458
Improvements Assessment
$568,671
Total Assessment
$796,129
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188 N Holliston Ave
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