Devin Klein Represents Buyer In Sale Of Class A Office Building For $10M In Century City
10281 W Pico Blvd
Building Size
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Asset Type
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Closing
Oct 29, 2025
AI
Class A boutique office building located at 10281 West Pico Boulevard, in the Prime Century City neighborhood. The asset encompasses a total square footage of 36,252 and is situated on 0.23 acres. The property has been transacted for a price of $10,000,000, with a price per square foot of $276.
Summary of transaction details:
- Property Type: CLASS A Office
- Transaction Amount: $10,000,000
- Square Footage: 36,252 SF
- Address: 10281 West Pico Boulevard
- Market: Century City / Los Angeles
- Acres: 0.23
- Brokers: Devin Klein, Andrew Harper, Jeff Bramson & Will Poulsen - JLL
- Buyer Representative: Devin Klein
The transaction involved brokers Devin Klein, Andrew Harper, Jeff Bramson, and Will Poulsen of JLL, with Devin Klein representing the buyer in the deal. The property is adjacent to notable landmarks such as 20th Century Fox and Hillcrest Country Club, as well as the Century City commercial and retail corridor.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93