Avon - 515 Shatto — Sale in Los Angeles, CA
- Price: $675K
- Listing type: For sale
- Asset type: Office
- Location: Los Angeles, CA 90020
- Size: 18,000 SF
- Year built: 1961
Photos
Investment Figures
- Price per square foot
- $38
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
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.
Market Context
This office in Los Angeles, CA is listed for sale at $675,000 across 18,000 SF. The building dates to 1961. Compare it against other office listings for sale in Los Angeles, CA — view the full market.
As of Q2 2026, the Greater Los Angeles office market showed average asking rents near $43.08/SF/yr. Source: multiple brokerage reports, Q2 2026.
Estimated Price per SF
$120.58/SF – $876.96/SF
Mid: $365.40/SF
Estimated price for 18,000 SF: $6,577,200 (range $2,170,440 – $15,785,280)
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Andrew Harper · 3104072139 · andrew.harper@jll.com
- Jeffrey M. Bramson · 3102072122 · jeffrey.bramson@jll.com
- Will Poulsen · 3104072167 · william.poulsen@jll.com
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