Listing banner image
  • Asking Price
    $6,440,000Asking Price
  • In-Place Cap Rate
    8.0%In-Place Cap Rate
  • Square Feet
    35,642 SFSquare Feet
  • Occupancy
    100%Occupancy
  • Parking Ratio
    2.95/1,000 SFParking Ratio
  • Acres
    0.87 acresAcres

Description

Colliers is pleased to present the opportunity to acquire the fee simple interest in 15545 Devonshire (the “Property”), a 35,642-square-foot, multi-tenant office building located in the highly supply-constrained Mission Hills neighborhood of Los Angeles. Situated on a high-profile 0.87-acre corner parcel adjacent to the I-405, the Property offers strong visibility and direct access to the greater San Fernando Valley, Downtown Los Angeles, and the Westside.

The Property is currently 87% leased to a diverse roster of 19 tenants, primarily comprising of professional services,...

Documents

Offering Summary

  • Asking Price
    $6,440,000
  • Price PSF
    $181
  • Property Type
    Office
  • Size
    35,642 SF
  • Available
    12,800 SF
  • Occupancy
    100%
  • Total Acres
    ~0.87 ac

Sale Details

  • In-Place Cap Rate
    8.0%

Documents

Property Address

15545 Devonshire St
Los Angeles, CA 91345

Property Details

  • Property Type
    Office
  • Square Feet
    35,642 SF
  • Available Space (SF)
    12,800 SF
  • Occupancy
    87%
  • Year Built
    1988
  • Stories
    3
  • Parking Ratio
    2.95/1,000 SF
  • Tenancy
    Multi
  • Acres
    0.87
  • Zoning
    (Q)CR-1 (Commercial Residential, City of LA)
  • APN
    2649-015-046
  • Ownership Interest
    Fee Simple

Property Details

Deal Team

Sean Fulp profile image
Sean Fulp
Vice Chair Vice Chair
CA RE Lic. 01389064
Mark Schuessler profile image
Mark Schuessler
Executive Vice President Executive Vice President
CA RE Lic. 02033871
Jordan Garcia profile image
Jordan Garcia
Associate Vice President Associate Vice President
CA RE Lic. 02090086
Eric Longo profile image
Eric Longo
Financial Analyst Financial Analyst
CA RE Lic. 02234481

Description

Colliers is pleased to present the opportunity to acquire the fee simple interest in 15545 Devonshire (the “Property”), a 35,642-square-foot, multi-tenant office building located in the highly supply-constrained Mission Hills neighborhood of Los Angeles. Situated on a high-profile 0.87-acre corner parcel adjacent to the I-405, the Property offers strong visibility and direct access to the greater San Fernando Valley, Downtown Los Angeles, and the Westside.

The Property is currently 87% leased to a diverse roster of 19 tenants, primarily comprising of professional services,...

Documents

Offering Summary

  • Asking Price
    $6,440,000
  • Price PSF
    $181
  • Property Type
    Office
  • Size
    35,642 SF
  • Available
    12,800 SF
  • Occupancy
    100%
  • Total Acres
    ~0.87 ac

Sale Details

  • In-Place Cap Rate
    8.0%

Documents

Property Address

15545 Devonshire St
Los Angeles, CA 91345

Property Details

  • Property Type
    Office
  • Square Feet
    35,642 SF
  • Available Space (SF)
    12,800 SF
  • Occupancy
    87%
  • Year Built
    1988
  • Stories
    3
  • Parking Ratio
    2.95/1,000 SF
  • Tenancy
    Multi
  • Acres
    0.87
  • Zoning
    (Q)CR-1 (Commercial Residential, City of LA)
  • APN
    2649-015-046
  • Ownership Interest
    Fee Simple

Property Details

Deal Team

Sean Fulp profile image
Sean Fulp
Vice Chair Vice Chair
CA RE Lic. 01389064
Mark Schuessler profile image
Mark Schuessler
Executive Vice President Executive Vice President
CA RE Lic. 02033871
Jordan Garcia profile image
Jordan Garcia
Associate Vice President Associate Vice President
CA RE Lic. 02090086
Eric Longo profile image
Eric Longo
Financial Analyst Financial Analyst
CA RE Lic. 02234481
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