This Office Property is Off-Market.

425 Shatto Place
Los Angeles, CA 90020 ·

83,891 SF · Office For Sale

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425 Shatto Place

Price N/A Commission Split 1.5%
Building Size 83,891 SF Cap Rate 5.80%
Property Type Office Occupancy 100%
Property Sub-type Office Building Tenancy Multiple
Property Use Type Investment Lot Size 1.16 AC
Listing ID: 16133257 Date Created: 03/05/2009 Last Updated: 12/02/2009

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.

Research

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

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