310-407-2139
515 Shatto Pl, Los Angeles, CA for Sale
Loft/Creative Space - FOR SALE
1/17
null | Request Cap Rate

515 Shatto Pl
Los Angeles, CA 90020
Koreatown


HIGHLIGHTS

  • Investment Grade Tenancy
  • Predictable Cash Flor
  • Favorable Market Dynamics

OVERVIEW

JLL, as exclusive advisor, is pleased to offer to qualified investors an opportunity to acquire the 100% fee simple interest in 515 Shatto Place (the “Property”), a strategic ±18,100 square foot office building in the heart of Los Angeles’ Koreatown. The Property is 100% leased to LG Beauty and their subsidiary AVON, with 5.2 years of remaining lease term, offering investors $675,000 annual in secure, credit backed income. 515 Shatto Place is located in Los Angeles’ Koreatown, serving as a mission-critical facility for LG Beauty’s North American operations for the following reasons: • Strategically houses the CEO’s office and core corporate divisions, including marketing, sales, and finance • Geographical and demographic link to the Korean parent organization • Experiential retail on ground floor catering to both third party and wholesale product buyers This exceptional investment opportunity combines investment grade tenancy, operational significance, and strategic location with high quality cash flow backed by one of the world’s leading beauty conglomerates.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

CR-2

APN/PARCEL ID

5077-003-010

ASK ABOUT THIS PROPERTY

310-407-2139

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310-407-2139

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