* Irreplaceable Core, Transit-Oriented Location | Premier Lake Avenue address adjacent to the Metro A Line and immediate access to the 210 Freeway, surrounded by Pasadena’s top amenities, executive neighborhoods, and the Lake Avenue Shopping and Playhouse Districts. * Attractive Basis Below Replacement Cost | Rare opportunity to acquire a trophy office asset in a supply-constrained submarket at a meaningful discount to replacement cost. * Durable & Resilient Rent Roll | The Property has maintained a historical occupancy of 87% since 2010. The Property has 33 tenants averaging 5,794 SF each with no tenant occupying more than 10% of the rent roll. * Recent Leasing Momentum & Capital Investment | 18 new leases and renewals totaling 73,502 SF have been executed in the past three years, each supported by meaningful landlord and tenant capital investment. * Diversified, High-Quality Tenant Base | Balanced tenancy across Consumer Products, Legal, Professional Services, and Financial Services. * Clear NOI Growth Upside | Over $8.5 million invested by current ownership since 2019 in base building and key renovations. Future capital is expected to be NOI-accretive, focused on minimal tenant improvement allowances.