1500-1510 S. Wooster

Home , California Fish Grill, Century City, Hancock Park, La Cienega Boulevard, Marlton Square, Pico Boulevard

MALIBU PACIFIC OCEAN CENTURY CITY SANTA MONICA

FOX STUDIOS

YEN SUSHI BEVERLY HILLS MR. C BEVERLY HILLS CALIFORNIA FISH GRILL HILLCREST COUNTRY CLUB MURRAY'S MALANEE THAI CUISINE PICO GLATT MART RALPH'S CVS NAGILA FACTOR'S FAMOUS DELI SHANGHI RESTAURANT CHICK N CHOW SUSHIKO PAT'S THE MILKY WAY A1 ASIAN FUSION SHILOH'S KOSHER PIZZA STATION WEST SIDE 58 SCHNITZLY HOLY GRILL S ROBERTSON BLVD WELLS FARGO A FOOD AFFAIR TRATTORIA BELLA ROMA

S ROBERTSON BLVD WALGREENS S WOOSTER ST

ELAT MARKET MINORI

1500-1510 W PICO BLVD S. WOOSTER GLATT MART FOUNDERS ALE HOUSE

CASHIO ST LOS ANGELES, CA

LEIDER'S LE PALIS PASTRY HAIFA SHALOM PIZZA FRENCH FLORIST TRATTORIA

TOC TIER 2 DEVELOPMENT SITE PRICE: $5,300,000 ±31 RESIDENTIAL UNITS www.1500Wooster.com DESIRABLE WEST LOS ANGELES LOCATION HOLLYWOOD WEST HOLLYWOOD MID-WILSHIRE

BEVERLY HILLS LA CIENEGA BLVD

FU’S PALACE

S ROBERTSON BLVD CASHIO ST W PICO BLVD ELAT MARKET

1500-1510 S. WOOSTER

LOS ANGELES, CA

S WOOSTER ST

2 1500-1510 S. WOOSTER PACIFIC OCEAN KENNETH HAHN STATE MARINA DEL REY RECREATION AREA LAX VENICE SILICON BEACH

CULVER CITY

S ROBERTSON

BLVD

BLVD 1500-1510 S. WOOSTER

LOS ANGELES, CA LA CIENEGA

S WOOSTER

ST CASHIO ST

ELAT MARKET

W PICO BLVD

3 1500-1510 S. WOOSTER DOWNTOWN LOS ANGELES KOREATOWN

LA CIENEGA BLVD

W PICO BLVD

1500-1510 CASHIO ST S. WOOSTER

LOS ANGELES, CA

S SHENANDOAH ST

S WOOSTER ST CASHIO ST

4 1500-1510 S. WOOSTER 1500-1510 S. WOOSTER

LOS ANGELES, CA

5 1500-1510 S. WOOSTER TABLE OF CONTENTS

I. Executive Summary Page 8

1500-1510 II. Comparables S. WOOSTER Page 11 LOS ANGELES, CA

III. Area Overview Page 17

Contacts LAURIE LUSTIG-BOWER Executive Vice President Lic. 00979360 +1 310 550 2556 [email protected]

KADIE PRESLEY WILSON First Vice President Lic. 01476551 +1 310 550 2575 [email protected]

www.1500Wooster.com

6 1500-1510 S. WOOSTER

© 2021 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced.

Layout ID:L04 MapId:7795676 I. Ex ecutive Summary

7 1500-1510 S. WOOSTER EXECUTIVE SUMMARY The Offering Investment Highlights CBRE, Inc., as exclusive agent, is pleased to present for sale a TOC Tier 2 residential development • Excellent Pico-Robertson Location opportunity located one block east of Robertson Boulevard and one block south of Pico • TOC Tier 2 – allows for an increased FAR of 4.35:1 Boulevard. 1500-1510 S. Wooster Street is a ±14,733 square foot corner lot suitable for the • Corner Lot development of ±31 residential units. The TOC status allows for an increased FAR of up to 4.35:1. • “Walker’s Paradise” WalkScore® 96 out of 100 Rated a 96 out of 100 on WalkScore®, the West Los Angeles property is walking distance to an • Development supported by strong multifamily demand drivers abundance of shops and restaurants in the Pico-Robertson submarket. Current improvements • Abundance of local restaurant and retail amenities including: include six apartment units in two structures. One unit is currently vacant. The seller will deliver – Elat Market – Joann Fabrics three additional units vacant by the close of escrow for a total of four vacant units by the close – Walgreens – Natalee Thai Restaurant of escrow. The remaining two occupied units pay a combined annual rent of ±$78,927. – Schwartz’s Bakery – Versailles Cuban Restaurant – Factor’s Famous Deli 1500-1510 S. Wooster Street’s outstanding central location in Los Angeles is minutes to key • In proximity to key employment centers: employment centers including Beverly Hills, Culver City, Century City, West Hollywood, Mid- – Beverly Hills Wilshire and West Los Angeles. – Culver City – Mid-Wilshire – Century City – West Hollywood Price: $5,300,000 • Excellent Sale Comparable For more information please visit: www.1500Wooster.com – A ±13,000 sf development site, zoned LA-R3, located at 1442- 1446 Bedford St., Los Angeles, CA 90035 sold for $5,200,000 (±$400 per land sf).

8 1500-1510 S. WOOSTER Existing Buildings PROPERTY FACTS Parcel Map

1500-1510 S. Wooster St PROPERTY ADDRESS Los Angeles, CA 90035

4303-002-024 (1500 Wooster) APN 4303-002-025 (1508 Wooster)

±14,733 SF SITE AREA ±0.34 Acres

FLOOR AREA RATIO 4.35:1

119.8 (Wooster St.) FRONTAGE 130.69 (Cashio St.)

ZONING [Q] R3-1-O

TOC STATUS Tier 2

ENTITLED No

NEIGHBORHOOD COUNCIL South Robertson

CITY COUNCIL DISTRICT CD 5 – Paul Koretz

9 1500-1510 S. WOOSTER Existing Buildings

10 1500-1510 S. WOOSTER

EXISTING BUILDINGS RENT ROLL

1500 S. Wooster St Los Angeles CA 90035

UNIT UNIT TYPE TERM RENT NOTES 1 2 + 1 - - Delivered Vacant at COE 2 2 + 1 - - Delivered Vacant at COE 3 2 + 1 - - Delivered Vacant at COE 4 2 + 1 - - Delivered Vacant at COE Total - -

1508- 1510 S. Wooster St Los Angeles CA 90035

UNIT UNIT TYPE TERM RENT NOTES 1 3+ 2 MTM $3,414 Occupied 2 3+ 3 MTM $3,425 Occupied Total $6,840

11 1500-1510 S. WOOSTER II. C omparables

12 1500-1510 S. WOOSTER Rent Survey Map RENT SURVEY MAP

1500-1510 S. Wooster St.

1 9323 W. Olympic Blvd.

2 131 N. Gale Dr.

3 1333 S. Orange Grove Ave.

4 450 S. Maple Dr. 2

5 1415 Reeves St.

6 1237 S. Holt Ave.

7 909 Le Doux Rd.

8 1016 S. Alfred St.

9 1115 S. Cardiff Ave. 7

1 8

9 1500-1510 S. WOOSTER

LOS ANGELES, CA 5 6

13 1500-1510 S. WOOSTER© 2021 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced.

Layout ID:L04 MapId:7826750 APARTMENT RENT COMPARABLES ADDRESS UNIT ASKING SF AMENITIES CONCESSION - IF SPECIFIED TYPE RENT 1 9323 W. Olympic Boulevard 1 + 1 $3,500 - Remodeled Unit; Hardwood Floors, Marble and Quartz Counters; Washer & Dryer; Chrome Appliances; Private Front Yard; One Parking Space 2 131 N. Gale Drive 1 + 1 $3,200 - Remodeled Condominium; Quartz Countertops; Bertazzoni Stainless Appliances; Washer & Dryer No Security Deposit

3 1333 S. Orange Grove Avenue 2 + 2 $5,995 1,489 SF New Construction; Hardwood Floors; Washer & Dryer; Balcony; Six Weeks Free on 13-Month Lease. No Nest Thermostat; Outdoor Pool; Jacuzzi; Three Rooftop Decks Security Deposit 4 450 S. Maple Drive 2 + 2.5 $4,995 - Condominium Unit; Hardwood Floors; Stainless Steel Appliances; Washer & Dryer; Two Side-by-Side Parking Spaces in Garage; No Security Deposit Outdoor Pool; Sauna; Recreation Room 5 1415 Reeves Street 2 + 2 $4,795 1,293 SF New Construction; Hardwood Floors; Viking Stainless Steel One Month Free on 13-Month Lease. No 3 + 2 $7,195 2,016 SF Appliances; Washer & Dryer; Outdoor Pool; Fire Pit; Fitness Center Security Deposit 6 1237 S. Holt Avenue 2 + 2 PH $4,395 1,299 SF New Construction; Stainless Steel Appliances; Hardwood Floors; 3 + 2 $5,446 1,680 SF Washer & Dryer; Walk-In Closets; Large Balcony; Tandem Parking (two spaces) in Subterranean Garage 7 909 Le Doux Road 3 + 2.5 $5,300 1,450 SF New Construction

1016 S. Alfred Street 3 + 2 $5,100 - Remodeled Duplex Unit; Central Heat & Air; Hardwood Floors; 8 No Security Deposit Washer & Dryer; Backyard Area; Private Two-Car Garage 9 1115 S. Cardiff Avenue 3 + 3 $4,950 - Top Floor Unit No Security Deposit

Source: RadPad

1 2 3 4 5

14 1500-1510 S. WOOSTER 6 7 8 9 LAND SALE COMPARABLES Criteria: Sites located in LA County, $355/SF +, 10K SF +, mixed-use or multifamily intended uses, sold 02.01.2018 to 01.20.2021 Source: CoStar; Sorted by Price Per Square Foot

ADDRESS CITY ZIP PRICE SF ACRES PRICE/SF PRICE/ACRES ZONING SALE DATE 9200 Wilshire Blvd Beverly Hills 90212-3329 $130,000,000 40,737 0.94 $3,191 $139,008,764 C3, Beverly Hills 05/08/19 9900 Wilshire Blvd Beverly Hills 90210-3116 $445,000,000 332,028 7.62 $1,340 $58,381,221 C3 11/19/18 888 Devon Ave Los Angeles 90024-2578 $16,236,000 14,375 0.33 $1,129 $49,199,315 R5 02/06/19 8844 Burton Way Beverly Hills 90211-1724 $27,400,000 26,779 0.61 $1,023 $44,570,148 BHR4YY 06/21/19 3240 Wilshire Blvd Los Angeles 90010 $30,000,000 34,650 0.80 $866 $37,714,286 LAR5 07/22/20 1001 W Olympic Blvd Los Angeles 90015 $121,100,500 141,966 3.26 $853 $3 7,157, 755 C2-4D, Los Angeles 11/27/19 129 S Linden Dr Beverly Hills 90212-2208 $16,000,000 21,780 0.50 $735 $32,000,000 R4P 10/28/19 3812-3818 Dunn Dr Culver City 90230 $7,000,000 10,041 0.23 $697 $30,367,493 LAR5 07/06/18 7979 W Sunset Blvd Los Angeles 90046 $8,000,000 11,761 0.27 $680 $29,630,133 C4-1D 04/30/18 1040-1050 Olive St Los Angeles 90015 $12,000,000 19,977 0.46 $601 $26,166,091 02/08/18 1411 S Flower St Los Angeles 90015 $8,600,000 15,024 0.34 $572 $24,934,505 LAC2 09/10/20 S Western Ave San Pedro 90732 $8,399,000 14,810 0.34 $567 $24,703,608 LAPVSP 09/04/20 11600 Santa Monica Blvd Los Angeles 90025 $16,000,000 28,358 0.65 $564 $24,577,192 LAC2 06/19/19 505-511 W 31st St Los Angeles 90007 $11,500,000 20,607 0.47 $558 $24,309,215 C2-1L 05/10/19 1526 E 7th St (Part of Multi-Property Sale) Los Angeles 90021-1240 $58,913,702 107,875 2.48 $546 $23,789,394 M3, Los Angeles 01/12/21 939 S Flower St Los Angeles 90015-1419 $20,500,000 38,300 0.88 $535 $23,315,405 (Q) R5-4D-SN 03/25/20 Amherst Ave & S Bundy Dr Los Angeles 90064-1104 $16,250,000 30,668 0.70 $530 $23,081,062 RAS4-1VL 02/14/20 1110-1136 Ingraham St (Part of Multi-Property Sale) Los Angeles 90017 $29,842,617 58,043 1.33 $514 $22,396,230 CW 06/07/19 127-139 E Broadway Long Beach 90802 $20,000,000 40,075 0.92 $499 $21,739,239 LBPD30, LBCB* 12/19/19 5750 Hollywood Blvd Los Angeles 90028-6706 $23,350,000 47,916 1.10 $487 $21,227,273 LAR5 06/07/18 1930 W 6th St Los Angeles 90057-3106 $5,900,000 13,068 0.30 $451 $19,666,667 LAC2-2 08/05/19 1522-1538 Cassil Pl Hollywood 90028 $12,500,000 28,686 0.66 $436 $18,981,385 LAC4 05/13/19

Continued on Next Page

15 1500-1510 S. WOOSTER LAND SALE COMPARABLES continued Criteria: Sites located in LA County, $355/SF +, 10K SF +, mixed-use or multifamily intended uses, sold 02.01.2018 to 01.20.2021 Source: CoStar; Sorted by Price Per Square Foot

ADDRESS CITY ZIP PRICE SF ACRES PRICE/SF PRICE/ACRES ZONING SALE DATE 4637-4653 Maubert Ave Los Angeles 90027 $9,000,000 22,392 0.51 $402 $17,508,039 LAR4 11/14/18 845 Venice Blvd Venice 90291-4903 $7,325,000 18,300 0.42 $400 $17,435,902 LAR3 11/06/18 1442-1446 Bedford St Los Angeles 90035 $5,200,000 13,001 0.30 $400 $17,422,660 LAR3 12/18/20 4629 Maubert Ave Los Angeles 90027 $4,333,000 10,906 0.25 $397 $17,306,573 LAR4 11/14/18 5050 W Pico Blvd Los Angeles 90019-4128 $7,500,000 19,071 0.44 $393 $17,130, 7 2 2 C4-1-O 06/04/19 538 Spoleto Dr Pacific Palisades 90272-4516 $6,500,000 16,557 0.38 $393 $17,100,924 LARE11 - 3657 Motor Ave Los Angeles 90034 $5,750,000 14,723 0.34 $391 $17,012,158 LAC2 03/22/19 495 Hartford Ave Los Angeles 90017 $18,000,000 46,147 1.06 $390 $16,990,920 R5(CW)U/6 06/14/19 2231 W Sunset Blvd Los Angeles 90026 $16,400,000 42,479 0.98 $386 $16,817,345 C2 02/18/20 1819 Pico Blvd Santa Monica 90405 $8,300,000 21,506 0.49 $386 $16,811,494 SMC2 03/08/19 130-140 N Fair Oaks Ave Pasadena 91103-3614 $7,689,000 19,994 0.46 $385 $16,751,668 PSC- 06/11/20 1218-1232 Ingraham St Los Angeles 90017 $8,450,000 22,002 0.51 $384 $16,729,479 LACW 04/06/18 2456-2460 Purdue Ave Los Angeles 90064 $5,667,000 15,002 0.34 $378 $16,454,774 LAR3 12/30/19 1503 S Barrington Ave Los Angeles 90025-2812 $5,250,000 14,000 0.32 $375 $16,335,000 R-3-1-Q - 5570 Melrose Ave Los Angeles 90038 $7,000,000 18,722 0.43 $374 $16,286,722 LAR3 & C2 04/12/18 1615 Montana St Los Angeles 90026 $6,200,000 16,588 0.38 $374 $16,281,167 R4-1VL (14,076 SF) 12/09/19 2120 Lincoln Blvd Santa Monica 90405-1319 $5,250,000 14,087 0.32 $373 $16,234,117 General Commercial 02/15/19 1507 Hi Point St Los Angeles 90035-3907 $6,495,000 17,67 7 0.41 $367 $16,005,103 (Q)R3-1-0; TOC Tier 3 05/18/20 5607 Carlton Way Los Angeles 90028 $6,250,000 17,184 0.39 $364 $15,843,226 R4 06/19/18

© 2021 CBRE, Inc. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

16 1500-1510 S. WOOSTER APARTMENTS SOLD COMPARABLES Criteria: Properties located in Los Angeles County, between 15 and 70 units, Sold for over $630 PSF, Sold from January 1, 2019 to January 20, 2021 Sorted by price per square foot

ADDRESS CITY ZIP UNITS SALE PRICE SF $ PSF CAP RATE YEAR BUILT SALE DATE SOURCE 1305 Ocean Front Walk Venice 90291 31 $11,550,000 11,600 $996 5.62 1912 03/22/19 CoStar 60 15th St Hermosa Beach 90254 16 $7,855,000 7,903 $994 - 1959 07/24/19 MLS PW18208847MR 8101 Remmet Ave Canoga Park 91304 16 $11,200,000 12,430 $901 - 1964 01/08/21 CoStar 10448 Santa Monica Blvd (3 Properties) Los Angeles 90025-6916 18 $9,400,500 12,072 $779 - - 06/20/19 CoStar 9500 W Olympic Blvd Beverly Hills 90212 16 $8,500,000 11,270 $754 3.88 1948 10/30/20 MLS 20-617364 639 N Fairfax Ave Los Angeles 90036-1714 63 $36,000,000 49,338 $730 - 2018 12/18/19 CoStar 8491 Fountain Ave West Hollywood 90069 18 $15,750,000 21,882 $720 3.8 1931 08/14/20 CoStar 808-818 E Route 66 (3 Properties) Glendora 91740-3602 64 $9,000,000 12,595 $715 5.5 - 04/30/19 CoStar 2929 Colorado Ave Santa Monica 90404-3668 18 $11,000,000 15,533 $708 - 1963 12/27/19 CoStar 423-429 Ocean Ave Santa Monica 90402-1655 16 $12,610,000 17,900 $704 - 1936 03/06/20 CoStar 265 N Oakland Ave Pasadena 91101 19 $9,950,000 14,192 $701 - 1962 12/03/19 MLS AR19215797MR 6615 Pacific Ave Playa Del Rey 90293 15 $10,950,000 15,683 $698 - 1968 10/08/20 MLS 20-643542 962 N Normandie Ave Hollywood 90029 16 $11,725,000 16,816 $697 - 2020 12/04/20 MLS PW20081927MR 1025 Ocean Ave Santa Monica 90403-3540 20 $25,000,000 35,857 $697 3.21 1961 10/04/19 CoStar 2619 Brighton Ave Los Angeles 90018 18 $6,750,000 9,906 $681 2.92 1957 07/29/19 MLS 19-445476 421 Riverdale Dr Glendale 91204 16 $5,100,000 7,570 $674 - 1926 01/18/19 MLS SR18212380CN 9500 W Olympic Blvd Beverly Hills 90212 16 $7,475,000 11,270 $663 - 1948 03/11/19 MLS 19-421526 1224-1228 10th St Santa Monica 90401-1917 15 $5,750,000 8,700 $661 4.30 1958 09/21/20 CoStar 130 S Sepulveda Blvd Los Angeles 90049-3116 59 $40,250,000 61,295 $657 3.30 2011 12/20/19 CoStar 1425 N Crescent Heights West Hollywood 90046 24 $20,550,000 31,512 $652 3.50 1959 11/04/19 CoStar 147 S Doheny Dr Los Angeles 90048 20 $16,500,000 25,904 $637 3.35 2007 07/10/20 MLS 20-589696 401-403 W Glenoaks Blvd Glendale 91202-2929 40 $10,550,000 16,620 $635 4.88 1956 10/15/19 CoStar 421-425 Riverdale Dr Glendale 91204-4838 16 $4,785,000 7,570 $632 6.00 1926 06/10/19 CoStar 2647 6th St Santa Monica 90405 24 $8,000,000 12,688 $631 5.00 1968 07/31/20 CoStar

17 1500-1510 S. WOOSTER III. AREA OVERVIEW

18 1500-1510 S. WOOSTER 1500-1510 S. WOOSTER

LOS ANGELES, CA

PICO-ROBERTSON

Pico Boulevard offers a growing assortment of restaurants and retail attractions, including the "Kosher Corridor" that spans from Beverly Drive to La Cienega Boulevard, which serve the Beverlywood and Pico-Robertson community. Adjacent to Century City to the West and Little Ethiopia/Mid-Wilshire to the east, this area acts as the gateway into Beverly Hills.

Beverly Hills is home to world-renowned shopping and hotel destinations such as Beverly Wilshire Hotel, Neiman Marcus, Saks Fith Avenue, and Barney's New York. The Golden Triangle of Beverly Hills, with its collection of luxury designers, five-star restaurants and legendary Rodeo Drive, is a mere six minute drive from the Subject Site.

19 1500-1510 S. WOOSTER PICO AMENITIES MAP

1500-1510 S. WOOSTER

LOS ANGELES, CA

53 Burger Bar 69 USPS 84 Vons 1500-1510 S. Wooster 8 Shanghai Diamond 21 Holy Grill 37 Fu's Palace 1 The Balcony on Beverwil Garden 22 Shiloh's Steakhouse 38 Elat Market 54 Taj Mahal of India 70 Pobres Tacos 85 Paper or Plastik Cafe 9 Chick 'N Chow 55 Nick's Coffee Shop 71 Hollywood Pies 86 Charlie's Fish & Chip Yen Sushi & Sake Bar 23 Wells Fargo 39 Glatt Market 10 Pat's 24 Tuk Tuk Thai 40 Lieder's Pico 56 Hasiba 72 The Camp Transformation 87 Powerplant Superfood Fish Grill - Pico 11 Schnitzly 25 Munchies 41 Haifa 57 Daravey's Nail Salon Center Cafe Murray's Cheese 22 Kolah Farangi 26 Carvery Kitchen 42 Shalom Pizza 58 One80 Pizzeria 73 Align Ballet Method 88 My 2 Cents LA OneWest Bank 13 Beverlywood Bakery 27 Pico Kosher Deli 43 Trattoria Natalie 59 Bank of America 74 The Mint 89 Bloom Café Ralph's 14 The Milky Way 28 Si Laa 44 Kabob by Faraj 60 JOANN Fabric and Crafts 75 Green Table Café 90 Stevie's Creole Café CVS 15 Meshuga 4 Sushi 29 Minori 45 Classic Le Palais Pastry 61 Versailles 76 India Sweet House 91 C J's Cafe 2 Mr. C Beverly Hills 30 Supa Coffee 46 French Florist 62 Wok On Fire 77 Awash 92 Chocolate Cafe ll 16 Jeff’s Gourmet Sausage 3 Melanee Thai Factory 31 Milky's Frozen Yogurt 47 Mamilla 63 Yoshinoya 78 CVS 93 Alfredo's Pizza 4 Factor's Famous Deli 17 Bibi’s Bakery & Cafe 32 Bronzed Aussie 48 Schwartz Bakery 64 Subway 79 7-Eleven 5 Sushiko 18 Livonia Glatt Market 33 MagIQ Escape Room 49 The Cask 65 T-Mobile 80 Penguin's Fish & Chips 34 Le Petit Jardin 50 Jack in the Box 66 Chase 81 Golden Indian Grill & Pizza 6 Pico Glatt Mart 19 Harissa (Got Kosher?) 7 Nagila Pizza 20 Kosher Pizza Station 35 Walgreens 51 Twin Dragon 67 David's Bridal 82 McDonald's 36 Founders Ale House 52 Delice Bakery 68 AutoZone 83 New India Sweet & Spicy 20 1500-1510 S. WOOSTER © 2021 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced.

Layout ID:L04 MapId:7830746 DEMOGRAPHIC BRIEF

1500 S WOOSTER ST

DEMOGRAPHIC COMPREHENSIVE 1 MILE 3 MILES 3 MILES POPULATION 2020 Population - Current Year Estimate 338,113 2025 Population - Five Year Projection 345,760 2020 Businesses 36,283

2020 Employees 271,568 1 MILE EDUCATION Percent of 2020 Population, 25 and Over, who have a Bachelor's, Graduate or Professional Degree 58.8% HOUSEHOLD INCOME Percent of Households with Incomes 2 7. 7 % Over $150,000 2020 Average Household Income $128,276 2025 Average Household Income $146,865 HOUSEHOLD VALUE Percent of Homes Valued at $1,500,000 or More 34.4% 2020 Median Value of Owner Occ. Housing Units $1,268,561 2020 Average Value of Owner Occ. Housing Units $1,339,372 DRIVE TIMES YEAR BUILT 5 MIN Beverly Hills 2014-2018 Housing Units 20,934 5 MIN Century City Built Later than 2010 1.0% 5 MIN Culver City 10 MIN Santa Monica 2014-2018 Median Year Built 1954 NAME LATITUDE LONGITUDE

1500 S WOOSTER ST 34.0517740110177 -118.382720024503 10 MIN Westwood

©2021 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for14 MIN Hollywood example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Source: Esri ProjectID:697188 15 MIN DTLA

©2021 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any 19 MIN LAX projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Source: Esri

21 1500-1510 S. WOOSTER Metro Rail & Busway metro.net Projects Under Construction

Chatsworth Amtrak & Metrolink

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Roscoe GOLD LINE FOOTHILL EXTENSION Memorial Park Sherman Way SAN GABRIEL VALLEY Del Mar Canoga De Soto Pierce CollegeTampa Reseda Balboa Woodley SepulvedaVan NuysWoodmanValley CollegeLaurel Canyon North Hollywood Fillmore Universal City/Studio City

South Pasadena 1500-1510 Hollywood/Highland S. WOOSTER Hollywood/VineLAX FlyAway Highland Park

Hollywood/Western Southwest Museum LOS ANGELES, CA CENTRAL LA Vermont/Sunset Heritage Sq

Vermont/Santa Monica Lincoln/Cypress

Vermont/Beverly Chinatown

Westwood/VAWestwood/UCLA Hospital Century City/ConstellationWilshire/RodeoWilshire/La CienegaWilshire/FairfaxWilshire/La BreaWilshire/WesternWilshire/Normandie Union Station Wilshire/Vermont Amtrak & Metrolink Grand Av Arts/CivicGrandGrandGrandGrand Ctr/Civic Ctr/ParkParkParkPark Metrolink LAX FlyAway PURPLE LINE EXTENSION Bunker Hill LAC+USC MedicalCal State Ctr LA El Monte Westlake/MacArthur Park REGIONAL CONNECTOR WESTSIDE TRANSIT PROJECT Historic 7th St/Metro Ctr Broadway Little Tokyo/Arts Dist Pico Pershing Square LATTC/Ortho Soto Institute Indiana Atlantic DOWNTOWN Pico/Aliso Maravilla Little Tokyo/ LA Arts District Mariachi Plaza Grand/LATTC East LA Civic Ctr Downtown17th Santa St/SMC Monica26th St/BergamotExpo/BundyExpo/SepulvedaWestwood/RanchoPalms Culver Park CityLa Cienega/JeffersonExpo/La BreaFarmdaleExpo/CrenshawExpo/WesternExpo/VermontExpoPark/USC EASTSIDE 37th St/ San Pedro St SANTA USC Martin Luther King Jr MONICA Jefferson/USC Washington Leimert Park CRENSHAW/LAX TRANSIT PROJECT Slauson Vernon Rail Station

Hyde Park Transfer SOUTH LA Slauson Station BuswayStation

Fairview Heights Manchester Florence Busway Street PACIFIC OCEAN Service UNDER Downtown Inglewood CONSTRUCTION LA METRO Firestone Westchester/Veterans 103rd St/ Three separate Metro EXPO Line stations are located Watts Towers Aviation/Century Willowbrook/ Metro Rail LAX Shuttle G Rosa Parks Aviation/LAXHawthorne/LennoxCrenshawVermont/Athens Harbor FwyAvalon Long Beach LakewoodBl NorwalkBl less than one-to-two miles from 1500-1510 S. Wooster: LAX A Line (Blue) Downtown LA to Long Beach Mariposa Rosecrans Compton B Line (Red) Century City/Constellation, Wilshire/Rodeo, and North Hollywood to Union Station Harbor Artesia El Segundo Gateway C Line (Green) Redondo Beach to Norwalk Wilshire/La Cienega Stations. Metro Rail is the rapid Transit Ctr GATEWAY CITIES Douglas Del Amo D Line (Purple) Wilshire/Western to Union Station transit rail system consisting of six separate lines Redondo Beach Carson Wardlow E Line (Expo) Downtown LA to Santa Monica Willow St SOUTH BAY L Line (Gold) (the Blue, Red, Purple, Green, Gold and Expo Lines) East Los Angeles to Azusa Pacific Pacific Coast Hwy Coast which cumulatively serve 80 stations throughout Hwy Metro Busway Anaheim St G Line (Orange) Los Angeles County. The Purple Line currently Pacific 5th St Chatsworth to North Hollywood Av J Line (Silver) San Pedro Downtown 1st St San Pedro to El Monte terminates at Wilshire/Western Station in the heart Long LAX FlyAway Street Service in Downtown LA Beach and San Pedro

of Koreatown. The currently under construction Regional Rail

Purple Line Expansion will eventually extend to West Amtrak amtrak.com Metrolink Los Angeles, offering a dependable alternative for metrolinktrains.com commuters traveling between Downtown Los Angeles, Airport Shuttle LAX FlyAway Beverly Hills, Century City and Westwood/UCLA. It lawa.org/flyaway LAX Shuttle (free) is anticipated that the Westwood/VA Hospital Metro lawa.org APR 2020 Subject to Change Station will be operational by 2027. 20-2634MM ©2020 LACMTA

22 1500-1510 S. WOOSTER CENTURY CITY Century City is a prominent business community comprised of major industry sectors: legal, NEW CENTURY PLAZA DEVELOPMENT financial, entertainment, hospitality, medical, professional and retail services. This “city within a Woodridge Capital Partners began construction on this $2.5 Billion project in 2016. The city” is home to a cluster of high-rises that command a visible stretch of L.A.’s skyline. development consists of two 44-story towers, located at 2025 Avenue of the Stars, and will house a combined 268 luxury residences once completed. Architecture firm Pei Cobb Freed & Nearly 50,000 people flock to Century City for the workday, but only approximately 6,000 Partners designed the twin towers, which are fashioned in the shape of Reuleaux triangles - a Angelenos call this sleek, commercially-driven neighborhood home. nod to the design of the iconic Century Plaza office towers across the street.

Though its population density thins at the end of the workday, Century City is rife with Right next to the towers, the historic Century Plaza Hotel is undergoing a full refurbishment neighborhood infrastructure. The upscale 1.3 million-square-foot Westfield Shopping Mall as and will transform into a 400-key Fairmont Hotel. It will include 63 condominiums on the well as a host of chic restaurants contribute to a thriving retail and nightlife scene within this upper floors, as well as 93,000 square feet of commercial space. Gensler and Marmol Radziner commercial center. designed the 16-story adaptive reuse structure, building upon Minoru Yamasaki's original design.

As of October 2019, the Los Angeles Times reports that sales prices at for the new condominiums would range from as low as $2 million to more than $50 million. More than $200 million in pre- sales had been closed at that point in time.

Completion of the hotel is expected this Spring, while the towers are scheduled to open in Spring 2021.

Sources: https://www.discoverlosangeles.com/things-to-do/discover-the-new-westfield-century-city https://www.prnewswire.com/news-releases/the-new-westfield-century-city-to-be-revealed-with-grand-opening-on-october-3rd-300527084.html

23 1500-1510 S. WOOSTER BEVERLY HILLS Beverly Hills is one of the most celebrated and desired destinations in the world. A name long associated with sophistication, glamour and elegance, Beverly Hills is a distinguished city offering the very best in hotels, shopping, dining and service. In the heart of it all sits Rodeo Drive – undeniably one of the most famous streets on the globe. With more than 100 world- renowned stores and hotels comprising its three magnificent blocks within the Golden Triangle, it is easy to become lost in the street’s splendor and charm.

Located in the heart of Los Angeles County, midway between downtown Los Angeles and the Pacific Ocean, the City is located 1 mile north of 1500-1510 S. Wooster Street. The City was incorporated in 1914 and consists of approximately 5.7 square miles of Los Angeles County’s most prominent and expensive real estate. It is carried by the focus of the entertainment industry, retail sales and important business enterprises, as well as high income families and celebrities with high-value housing stock throughout the community.

Beverly Hills contains some of the most exclusive, private luxury residences in the world, with home prices among the highest in greater Los Angeles and the United States.

Beverly Hills’ surrounding communities and major employment centers includes the University of California Los Angeles, Westwood’s Wilshire Boulevard office and condominium corridor, Century City's 20th Century Fox Studios, Cedars-Sinai Medical Center, Wilshire Boulevard’s Miracle Mile, Hollywood and West Hollywood. MID-WILSHIRE The Mid-Wilshire neighborhood is anchored along Wilshire Boulevard, between San Vicente Boulevard (the start of Beverly Hills) and La Brea Avenue (the start of Hancock Park). Also known as the Miracle Mile neighborhood, or Museum Row, this stretch of Wilshire contains the Los Angeles County Museum of Art, the Page Museum, the La Brea Tar Pits, the Peterson Automotive Museum, and the soon-to-open Academy Museum of Motion Pictures.

This densely populated area is known for its walkability. Grocery stores, restaurants and a variety of retail shops complement the art deco office buildings and new apartment construction. The area offers a plethora of leisure and entertainment venues as well. Besides the vast variety of museums and art galleries, the famous El Rey Theatre hosts numerous weekly music events. Locals can also walk to the world-famous lifestyle destination shopping center at The Grove, pick up fresh produce at The Original Farmers Market or stroll through the 28-acre Pan Pacific Park.

Hollywood, the most recognizable film industry headquarters in the world, borders Mid-Wilshire to the north, and Culver City, home to the film industry, creative and tech giants alike, is accessible to the southwest. Mid-Wilshire’s central proximity to almost every major employment center in the City of Los Angeles should drive housing demand for decades to come.

24 1500-1510 S. WOOSTER Westside Pavilion's 1980s exterior have been removed, as the former shopping mall WESTSIDE PAVILION CONVERTING continues its transformation into a Google-anchored office campus. The $475-million project will be approximately 584,000 square feet of office space in addition to on-site parking and open space. Google has leased the entire 584,000-square-foot office TO GOOGLE OFFICE CAMPUS component of the project and is scheduled for completion of construction in 2022. While the bulk will be transformed into offices, approximately 96,000 square feet of space will remain at the southwest corner of Pico and Westwood Boulevards. The three-story structure includes the mall's movie theater.

25 1500-1510 S. WOOSTER CULVER CITY Culver City is in high demand. It has become a prime destination to work, dine, shop and revel in the beauty of this historic movie town and its dynamic art scene. Culver City has become a focal point for culture and nightlife hosting an array of events while providing the clean and efficient transportation to reach them.

Culver City boasts an incredibly desirable demographic base - affluent, young, active and highly educated. With its centrality and a growing amount of retail as well as its housing and transportation options, many are choosing to live, work, and play in Culver City.

Downtown Culver City is a charming collection of outdoor cafes, unique shops, art galleries, creative offices and vibrant nightlife opening onto tree-lined boulevards. It boasts a City Hall of stunning architecture, Center Theatre Group’s nationally renowned Kirk Douglas Theatre. Striking landmark buildings are home to an array of entrepreneurial businesses and creative enterprises, along with a wide selection of retail and restaurant services for local residents to enjoy. Downtown Culver City offers the perfect combination of small-town charm with all the benefits of cosmopolitan big-city living.

CULVER CITY EMPLOYERS Culver City is currently one of the most talked about office areas in Los Angeles. In the past few years, the area has experienced impressive tenant demand as well as outsized rent growth. This has spurred elevated construction levels, and the pipeline is currently among the fullest of any submarket in L.A. today. Culver City has won several of the mega lease deals announced in L.A. and has benefited from the content production arms race underway in the city among the media juggernauts. Amazon, Apple and HBO have all made sizable commitments to projects under construction.

26 1500-1510 S. WOOSTER CULVER CITY & WEST ADAMS AREA DEVELOPMENT Just a six-minute drive from the Property and located East of Culver City, West Adams is undergoing a major transformation. Spurred largely by the development of CIM Group, West Adams has quickly become one of Los Angeles’ fastest growing submarkets and is home to an array of excellent restaurants. Currently, there are over 23 development sites located between S. Redondo Bvld. and S. Fairfax Ave. which will be developed into creative office, retail, residential and hospitality. West Adams will include over 40,000sf of retail, over 50,000sf of creative office, numerous mixed-use developments and hundreds of residential units. Property is a ±5 minute drive to Culver City1500-1510 and West Adams S. WOOSTER LOS ANGELES, CA AREA DEVELOPMENT MAP

INTERSTATE 10 Westwood/ 1411 Rancho Arts District 1210 99 22 Blackwelder 21 Palms Creative 23 1033 55 Campus 4 WEST BLVD 88 Culver 66 7 ADAMS BLVD ADAMS BLVD 1 City 16 Hayden La Cienega/ Expo/ 15 HAUSER BLVD La Brea 17 REDONDO BLVD 22 Tract Jefferson Farmdale 14 18 FAIRFAX AVE LA BREA AVE Expo/ 19 Downtown Crenshaw 20 CRENSHAW BLVD

Culver City BUCKINGHAM RD Expo/ Western

12 13

Hackman Capital - Culver Steps Carmel Partners - Cumulus Capri Capital Partners - Crenshaw Plaza Rios Clementi 5767 West Adams 1 Future Amazon HQ 6 100,000SF Retail 13 Redevelopment 8-story, 400 room hotel, 10,000 SF or 20 Hale HQ 75,000SF Office, 45,000SF Retail and Public Plaza 1,200 Apartment Units high end retail and a 10-story 148,000 SF office tower Nearby Developments Hackman Capital - Culver Studios Hackman Capital - Apple District Square Development 5109 W. Adams CIM Group 2 Future Amazon HQ 7 85,000SF Office 14 6.5-acre site including 573 21 Proposed 69 Resi Units 1 Hackman Capital - Culver720,000SF Steps 6 Samitaur Constructs - (W)Rapper residential units and retail amenities 6,000 SF Retail • Future Amazon HQ • 170,000sf Office Lowe Enterprises - Ivy Station 7 Samitaur Constructs - (w) Rapper Watt Companies Development 5135 W. Adams CIM Group • 75,000sf3 Office, 45,000sf Retail Carmel8 Partners - 115 Unit Mixed-Use Project 15 22 and Public PlazaMixed-Use Project 8 Hackman170,000SF Capital -Office Apple 492 residential units and 47,500 SF of retail Under Construction 2 Hackman Capital - Culver200,000SF Studios Office, 55,000SF Retail, 200 Apartments, • 85,0000sf Office 10 Resi Units • Future Amazon148 HQ Room Hotel, 2 Acres of Outdoor Space 9 CIM - Mixed-UseRedcar Properties Development - Creative Olson Homes Development - 100 residential town 5170 W. Adams CIM Group • 720,000sf OfficeCIM - Mixed-Use Development 10 CIM9 - WarehouseOffice Development Purchase - Plans TBD 16 homes and condos and 13,500 SF of open space 23 Proposed 43 Unit Hotel 3 Lincoln Property - Apple HQ 11 CIM - Apartment Complex Lowe Enterprises4 - Ivy Station • Mixed-Use Project128,000 SF Office 12 4d Development - 115 Unit Mixed-Use Project 4D Development - 115 Expo Place • 200,000sf Office, 55,000 sf Retail, 200 Apartments, 148 Room Hotel, 13 CIM10 - 78-Key Hotel 17 14 Unit Mixed-Use Project 30,000 SF creative office conversion 2 Acres of OutdoorKarney Space Properties CIM - 6-Story, 60-Unit Live/Work Office Building 5 4 Lincoln Property - Apple234 HQ Apartments, 45,000SF Retail, 30,000SF • 128,000sf Office CIM - 6-story, 60-unit Expo Place of Outdoor Space 11 18 5 Karney Properties - The Wesley live/work office building 50,000 SF Sweetgreen HQ • 234 Apartments, 45,000sf Office, 30,000sf of Outdoor Space Marlton Square - New shopping Goat HQ 12 center with a residential component 19 27 1500-1510 S. WOOSTER AREA EMPLOYERS WITHIN 3 MILES OF THE SUBJECT PROPERTY WITH 1,000 EMPLOYEES OR MORE

BUSINESS NAME EMPLOYEES

Cedars-Sinai Medical Ctr 11,246

Twentieth Century Fox 6,000

Sony Pictures Entertainment 6,000

Kaiser Permanente West Los Angeles 3,600

Tri-Star Pictures 3,400

CBS Television City 3,075

Fox Latin America Channel Inc 2,000

R B Industries Inc 1,263

Beverly Hills City Hall 1,100

Aecom 1,001

Rhythm & Hues Studios 1,001

Southern Ca Hosp-Culver City 1,000

Westlake Financial Svc 1,000

28 1500-1510 S. WOOSTER Affiliated Business Disclosure Disclaimer CBRE, Inc. operates within a global family of companies with many subsidiaries and related entities (each This Memorandum contains select information pertaining to the Property and the Owner, and does not an “Affiliate”) engaging in a broad range of commercial real estate businesses including, but not limited purport to be all-inclusive or contain all or part of the information which prospective investors may require to, brokerage services, property and facilities management, valuation, investment fund management and to evaluate a purchase of the Property. The information contained in this Memorandum has been obtained development. At times different Affiliates, including CBRE Global Investors, Inc. or Trammell Crow Company, from sources believed to be reliable, but has not been verified for accuracy, completeness, or fitness for any may have or represent clients who have competing interests in the same transaction. For example, particular purpose. All information is presented “as is” without representation or warranty of any kind. Such Affiliates or their clients may have or express an interest in the property described in this Memorandum information includes estimates based on forward-looking assumptions relating to the general economy, (the “Property”), and may be the successful bidder for the Property. Your receipt of this Memorandum market conditions, competition and other factors which are subject to uncertainty and may not represent constitutes your acknowledgement of that possibility and your agreement that neither CBRE, Inc. nor any the current or future performance of the Property. All references to acreages, square footages, and other Affiliate has an obligation to disclose to you such Affiliates’ interest or involvement in the sale or purchase measurements are approximations. This Memorandum describes certain documents, including leases and of the Property. In all instances, however, CBRE, Inc. and its Affiliates will act in the best interest of their other materials, in summary form. These summaries may not be complete nor accurate descriptions of respective client(s), at arms’ length, not in concert, or in a manner detrimental to any third party. CBRE, the full agreements referenced. Additional information and an opportunity to inspect the Property may be Inc. and its Affiliates will conduct their respective businesses in a manner consistent with the law and all made available to qualified prospective purchasers. You are advised to independently verify the accuracy fiduciary duties owed to their respective client(s). and completeness of all summaries and information contained herein, to consult with independent legal and financial advisors, and carefully investigate the economics of this transaction and Property’s suitability Confidentiality Agreement for your needs. ANY RELIANCE ON THE CONTENT OF THIS MEMORANDUM IS SOLELY AT YOUR OWN RISK. Your receipt of this Memorandum constitutes your acknowledgement that (i) it is a confidential Memorandum solely for your limited use and benefit in determining whether you desire to express further The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or interest in the acquisition of the Property, (ii) you will hold it in the strictest confidence, (iii) you will not offers to purchase the Property, and/or to terminate discussions at any time with or without notice to you. disclose it or its contents to any third party without the prior written authorization of the owner of the All offers, counteroffers, and negotiations shall be non-binding and neither CBRE, Inc. nor the Owner shall Property (“Owner”) or CBRE, Inc., and (iv) you will not use any part of this Memorandum in any manner have any legal commitment or obligation except as set forth in a fully executed, definitive purchase and detrimental to the Owner or CBRE, Inc. sale agreement delivered by the Owner.

29 1500-1510 S. WOOSTER MALIBU PACIFIC OCEAN CENTURY CITY SANTA MONICA

FOX STUDIOS

S ROBERTSON BLVD WALGREENS S WOOSTER ST

ELAT MARKET MINORI

1500-1510 W PICO BLVD S. WOOSTER GLATT MART FOUNDERS ALE HOUSE

CASHIO ST LOS ANGELES, CA

LEIDER'S LE PALIS PASTRY HAIFA SHALOM PIZZA LAURIE LUSTIG-BOWER FRENCH FLORIST KADIE PRESLEYTRATTORIA WILSON Executive Vice President First Vice President TOC TIER 2 DEVELOPMENT SITE Lic. 00979360 Lic. 01476551 +1 310 550 2556 +1 310 550 2575 ±31 RESIDENTIAL UNITS [email protected] [email protected] DESIRABLE WEST LOS ANGELES LOCATION PRICE: $5,300,000 © 2021 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for www.1500Wooster.com accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE.