Historical Office Sale Listing - 425 Shatto Place

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425 Shatto Place

425 Shatto Place, Los Angeles, CA 90020

N/A

83,891 SF | Office

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Office Property - Off Market

Price:
N/A
Building Size:
83,891 SF
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Investment
Commission Split:
1.5%
Cap Rate:
5.80%
Occupancy:
100%
Tenancy:
Multiple
Lot Size:
1.16 AC
Listing ID
16133257
Last Updated
over 1 year ago

Description

This offering represents an opportunity to acquire an approximate 83,000 rentable square foot, six story office building. The county of Los Angeles, Department of Children and Family Services became the major tenant in the property since 1989, housing its headquarters for office and administrative functions. The property is 100% leased and located two and a half blocks south of the Wilshire/Vermont station that is a major nexus between to separate arteries of the red line.

425 Shatto Place is ideally located for tenants who require a centralized location and convenience to amenities, transportation and entertainment. Strategically located in the Wilshire District, the property is minutes from downtown Los Angeles, Hollywood, Miracle Mile, and Century City. The property is located on the west side of Shatto Place between 4th and 6th
Street in Los Angeles, California.

Map of 425 Shatto Place, Los Angeles, CA 90020 (Los Angeles County)

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