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,...
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 TypeOffice
- Size35,642 SF
- Available12,800 SF
- Occupancy100%
- Total Acres~0.87 ac
Sale Details
- In-Place Cap Rate8.0%
Documents
Property Address
15545 Devonshire St
Los Angeles, CA 91345
Property Details
- Property TypeOffice
- Square Feet35,642 SF
- Available Space (SF)12,800 SF
- Occupancy87%
- Year Built1988
- Stories3
- Parking Ratio2.95/1,000 SF
- TenancyMulti
- Acres0.87
- Zoning(Q)CR-1 (Commercial Residential, City of LA)
- APN2649-015-046
- Ownership InterestFee Simple
Property Details







Deal Team


Mark Schuessler
Executive Vice President Executive Vice President
CA RE Lic. 02033871

Jordan Garcia
Associate Vice President Associate Vice President
CA RE Lic. 02090086

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,...
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 TypeOffice
- Size35,642 SF
- Available12,800 SF
- Occupancy100%
- Total Acres~0.87 ac
Sale Details
- In-Place Cap Rate8.0%
Documents
Property Address
15545 Devonshire St
Los Angeles, CA 91345
Property Details
- Property TypeOffice
- Square Feet35,642 SF
- Available Space (SF)12,800 SF
- Occupancy87%
- Year Built1988
- Stories3
- Parking Ratio2.95/1,000 SF
- TenancyMulti
- Acres0.87
- Zoning(Q)CR-1 (Commercial Residential, City of LA)
- APN2649-015-046
- Ownership InterestFee Simple
Property Details
Deal Team


Mark Schuessler
Executive Vice President Executive Vice President
CA RE Lic. 02033871

Jordan Garcia
Associate Vice President Associate Vice President
CA RE Lic. 02090086

