Devon Peters, Real Estate Agent

About Devon

Devon Peters is truly dedicated to providing exceptional, professional and comprehensive real estate services to his valued clients. In leading Compass' Commercial Division and a specialist in the Acquisition, Marketing and Leasing of Commercial and Investment Properties, you may trust in Devon's knowledgeable and insightful assessment and careful analysis. Through his valuable expertise and dedication, he is able to provide his clients with excellent opportunities that currently exist within the distinct communities of the Greater LA real estate market. When it comes to real estate, Devon knows the details and the numbers from the ground up and has an excellent ability for creating additional value for his clients. Devon takes great care to educate and provide his clients with an informed and in-depth understanding of the current real estate market. He is meticulous in monitoring the specific trends of the region and provides his clients with crucial, current local market knowledge. He is skillful in identify properties that have unrealized potential and by implementing his effective measures will increase the ROI. He knows the technical and regulatory elements and is highly diligent in protecting his clients by bringing light to the critical issues that may impact their real estate investment. He excels at leveraging each opportunity in order to achieve his clients' goals. Devon readily delivers results that are beyond his clients' expectations and is truly a dedicated to providing his clients with exceptional guidance and expertise. He is extremely attentive, accessible and responds promptly to his clients. His skill in delivering creative solutions to the most challenging negotiations is impressive. His attention to detail, consistent follow through and determination to indulge his clients with first class service sets him apart. Devon is committed to providing an unprecedented depth of real estate expertise that ensures that his clients receive an exceptional real estate experience. In working with Devon, his clients receive a special advantage of two professionals. Devon collaborates with Greg Engel in a team approach to deliver a truly comprehensive real estate experience to their valued clients. Servicing their clients as a team, Devon's and Greg's efforts complement each other to ensure that their client's needs are thoroughly attended to. Contact Devon to serve you and your personal real estate interests.

Spotlight

516 N Fries Ave | 39 Unit Apartment Building

Compass is please to bring to market is listing of 516 N Fries Ave. This incredible property is in the final stages of development and will be sold with a service provider contract direct with the city of Los Angeles. This means this will be a single tenant property where the service provider is responsible for the leasing and running of the property leaving very little landlord responsibilities. Additionally the property will qualify for decreased property taxes due to HUD pass through from having a property leased to a single government agency. The property boasts a long term lease allowing for continued secured investing.

Spotlight

6211 S Vermont Ave | 15 Unit Apartment Building

Compass is pleased to bring to market its listing of 6211 Vermont a beautiful subsidized apartment building. The property is a brand new build with the benefit of maximum allowable rent per HACLA. New owner will also benefit from lower property taxes due welfare exemption keeping the property taxes at $3,500/annually. Current service contracts are with Brilliant corners and HACLA but owner has flexibility to self manage the property and put their own tenants in if so desired. Where else in Los Angeles can you achieve above a 5% cap rate on a new build construction.

Spotlight

437 S Azusa Ave | 3,474 SF of Retail Space Available

Compass Commercial is pleased to bring to market 3474 SF of restaurant space on Azusa Ave. Restaurant space is right next to America's Best Value Inn with 55 rooms and comes with its own parking lot. Traffic count of about 59,000 cars per day. We prefer a major franchise tenant based on the location.This is located on the busiest street in Azusa and located within a few blocks of the 210 freeway, major exit for the city. Approximately 290 SF of additional patio space that can be opened up for outdoor dining. Ownership is willing to allow liquor license for full bar as long as security is provided on Friday and Saturday night to keep the noise down as the restaurant is next to a hotel. Ownership may consider complete teardown with new ground lease for extremely large corporate tenant.

Spotlight

2655-2661 Mountain View Rd | 13 Unit Apartment Building

This multitenant building presents an excellent investment opportunity in the vibrant city of El Monte. Built in 1947, this well-maintained property boasts a total of 13 units, providing a diverse range of rental income streams. With a building square footage of ±6,286 and a spacious lot spanning ±20,391 square feet, this property offers ample space for tenants to enjoy. Nestled in the heart of El Monte, this property benefits from its prime location within a thriving community. Residents will appreciate the convenience of nearby amenities, including shopping centers, dining options, and recreational facilities. Easy access to major transportation routes and public transit further enhances the appeal of this location. With its attractive unit count and generous lot size, this property presents an enticing investment opportunity for those seeking to expand their real estate portfolio. The historical charm of the building, combined with its potential for modernization, offers a compelling proposition for investors looking to maximize rental income and property value.
Don't hesitate to reach out for further details or to schedule a viewing of this promising multitenant building in El Monte.

Spotlight

131 N Larchmont Blvd | Rare Turnkey Restaurant | Larchmont Village

Compass is pleased to represent the rare opportunity to acquire an iconic and irreplaceable dining establishment in the heart of Larchmont Village, available to the market for the first time in over 30 years. The existing and operational full-service restaurant is one that cannot be replicated in light of Larchmont Village’s existing “Q conditions,” limiting the approval of new restaurant spaces on the street. The restaurant, home to a well-known variety of pizza and Italian food, features an exclusive outdoor patio as well as the serving of beer & wine. The turnkey location comes fully-equipped with all fixtures, furniture, and equipment, with a built-in customer base and favorable lease terms in a highly coveted retail corridor, home to iconic celebrities and household names. The restaurant has been a well-known and renowned destination with significant capital improvements and outstanding maintenance, all while professionally operated. The offering represents a one-of-a-kind and exciting opportunity for a qualified restauranteur (owner-operator) to take hold of a prominent restaurant space, in the highly desirable Larchmont Village; prized for outstanding market fundamentals and limited to no supply of 2nd generation restaurant opportunities. This opportunity is an asset-sale with FF&E and key money is required.

Spotlight

4300 Crenshaw Blvd | Prime Corner | Retail, Medical, Cafe Uses

Compass is pleased to offer 4300 Crenshaw Blvd for lease - a freestanding retail building at the signalized intersection of Crenshaw Blvd and 43rd St in the heart of Leimert Park. The property is strategically positioned within close proximity to a multitude of retail businesses, schools, residential areas, and medical facilities, offering a prime location to attract and serve a broad clientele. Exclusive to Unit 4304, a prospective Lessee will enjoy exclusive, double-sided monument signage with significant exposure to both Northbound and Southbound traffic on Crenshaw Blvd. Space renovations are nearing completion, and tenant improvements may be available to qualified parties to customize space and floor plan. Experienced/qualified cannabis operators may inquire directly. The unit is ideally positioned for medical, dental, urgent care, and a multitude of retail uses serving the local community and greater surrounding area.

Spotlight

6423 Wilshire Blvd | Medical/Dental Office, Surgery Center

Compass is proud to exclusively offer the opportunity to lease 6423 Wilshire Blvd, uniquely positioned on the border of Beverly Hills in the highly desirable Miracle Mile area of Los Angeles. The freestanding, 2-story building is elevator serviced, and boasts ±16,724 SF of primely located space, by-right approved per the City of Los Angeles for Medical Office uses (including dental), an outpatient surgery center, and a multitude of creative office uses. The property is inclusive of a private, gated parking lot with 36 surface spaces on-site, ensuring ease of access for guests, patients, and employees. Strategically surrounded by dense residential development in a Transit-Oriented commercial corridor, the Miracle Mile district is known for its bustling commercial activity while home to cultural landmarks, underlining the property’s high-level of exposure, visibility, and drive-by traffic on Wilshire Blvd. Furthermore, the property’s proximity to world-renowned medical facilities, hospitals, and practitioners complement the unparalleled opportunity for a state-of-the-art medical facility in a rare standalone building. The flexibility offered by both medical and creative office uses presents an exceptional opportunity for various professionals seeking to establish, expand, or diversify their operations in a dynamic area with outstanding market fundamentals.

Spotlight

120 W Beverly Blvd | 4,499 SF Health Care Building

Compass Commercial is proud to bring to market 120 W Beverly Blvd. Located directly across from the Adventist Health Systems recent acquisition and soon to be the NEW Hospital ( Coming Soon ) . This building has many patient rooms, private doctor's office, front desk reception, exterior patio, spacious waiting room, and elevator. Great for Medical & Dental. Great Parking
Well known & established Oncology practice may be purchased with building.
Contact listing agent for more info.