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Discover a premier Class A office asset situated at 1515 East Orangewood Avenue in Los Angeles, CA 92805. This 345,345-square-foot, seven-story property—fully renovated in 2026—rests on a 5.9-acre campus and is offered for sale at $234,234, equating to $23,424 per square foot. Occupancy currently stands at 85%, with 84,980 square feet available for sublease or direct lease. The building benefits from an Absolute Net lease structure and single-tenant configuration, presenting a turn-key investment opportunity with immediate income and future upside.

The property’s extensive amenity package rivals that of top-tier campus environments. Tenants and visitors enjoy secure, 24/7 access and key-card‐controlled elevators, comprehensive CCTV coverage, covered parking with a 3.53-stall‐per-1,000-square-foot ratio (300 total stalls), EV charging stations, on-site bike storage, and a dedicated shuttle service. A vibrant on-site café, bar, restaurant, barbershop and general store create a live-work ecosystem that enhances tenant retention, while flexible floor plans on generous floor plates accommodate coworking, medical office, R&D/life-science, creative and executive office users.

From an investment standpoint, projected first-year net operating income is $1,250,000, yielding a 5.25% cap rate and a 7.38% return on cost. Under stabilized assumptions, the cap rate tightens to 6.82% on a $310,208 NOI, while in-place metrics show a 6.23% cap on $283,636 of NOI. Disciplined underwriting produces a 12.0% T12 cap rate, a 1.5× equity multiple and a projected 12.0% unlevered IRR (11.0% levered) over a five-year hold period. With a 12.0× gross rent multiplier—and a potential GRM of 10.7× as rents adjust toward the market—the asset offers both near-term cash flow and long-term appreciation.

Strategically zoned Low Intensity Office (O-L) and positioned within one of Southern California’s most dynamic submarkets, 1515 East Orangewood Avenue delivers institutional quality, stable income and significant redevelopment optionality. Investors seeking a high-barrier-to-entry asset with best-in-class amenities, robust parking infrastructure and clear value drivers will find this offering an exceptional addition to their portfolio.