AVAILABLE 5124 SUNSET BOULEVARD
For more information, contact:
GABE KADOSH ERIC CARLTON COLLIERS INTERNATIONAL Lic. 01486779 Lic. 01809955 865 S. Figueroa Street, Suite 3500 +1 213 861 3386 +1 949 724 5561 Los Angeles, CA 90017 [email protected] [email protected] www.colliers.com PROPERTY OVERVIEW
PROPERTY DESCRIPTION
>> PROPERTY ADDRESS 5124 W Sunset Boulevard Los Angeles, CA 90027-5708
>> A PN 5544-037-017
>> M A RKE T East Hollywood/Silver Lake
>> ZO NIN G LAC2
>> LOT SIZE 24,709 SF (0.57 Acres)
>> BUILDING SIZE 14,375 SF
>> YEAR BUILT 1972
PROPERTY HIGHLIGHTS
This freestanding building is located in the heart of rapidly growing East Hollywood, surrounded by up and coming developments, eclectic restaurants and entertainment. The property is well-positioned on throughfare Sunset Boulevard and Normandie Avenue in an enterprise zone. It consists of 14,375 SF of space and sits on a 0.57 acre lot, and features a roll-up door and walk-in refrigerator. There are also approximately 60 surface parking spaces available on the property.
2 | 5124 Sunset Boulevard Colliers International | 3
Date : 06-02-17
Suite 300 - 7,435 SF
Date : 06-02-17 5800 South Eastern Ave.,
Suite 300 - 7,435 SF Commerce Corporate Center
Date : 06-02-17
5800 South Eastern Ave.,
Suite 300 - 7,435 SF
Commerce Corporate Center
PLAN SPECIFIC NOTES 5800 South Eastern Ave., Date : 06-02-17
Not A Part
SUITE 330
Commerce Corporate Center
LEGEND PLAN SPECIFIC NOTES
Suite 300 - 7,435 SF
SITE PLAN Date : 06-02-17 SUITE 300
Not A Part
Not A Part SUITE 330 SUITE 330 SUITE 330
Can be delivered in shell conditionSuite 300 - 7,435 SF 330 SUITE Not A Part Date : 06-02-17 : Date 5800 South Eastern Ave., Eastern South 5800 Part A Not Date : 06-02-17
Not A Part
SUITE 330
LEGEND
Suite 300 - 7,435 SF 7,435 - 300 Suite
PLAN SPECIFIC NOTES Commerce Corporate Center Corporate Commerce
LEGEND
SUITE 300
Date : 06-02-17 : Date 5800 South Eastern Ave., Eastern South 5800 Date : 06-02-17 5800 South Eastern Ave., Date : 06-02-17 : Date Date : 06-02-17 Ave., Eastern South 5800 Date : 06-02-17 Date : 06-02-17 : Date Date : 06-02-17 5800 South Eastern Ave., Eastern South 5800 5800 South Eastern Ave., Date : 06-02-17 Suite 300 - 7,435 SF Not A Part Not A Part SUITE 330 SUITE 330 Not A Part SUITE 330
Date : 06-02-17
Not A Part
Date : 06-02-17 : Date 5800 South Eastern Ave., Eastern South 5800 Date : 06-02-17 SUITE 330
Suite 300 - 7,435 SF 7,435 - 300 Suite Suite 300 - 7,435 SF Suite 300 - 7,435 SF 7,435 - 300 Suite Suite 300 - 7,435 SF 7,435 - 300 Suite Suite 300 - 7,435 SF Commerce Corporate Center Corporate Commerce Commerce Corporate Center Commerce Corporate Center Corporate Commerce Commerce Corporate Center Corporate Commerce Commerce Corporate Center BATH Not A Part SUITE 330 Suite 300 - 7,435 SF Suite 300 - 7,435 SF Not A Part SUITE 310 Suite 300 - 7,435 SF SUITE 300
PLAN SPECIFIC NOTES ROOM
LUNCHROOM Suite 300 - 7,435 SF Suite 300 - 7,435 SF 7,435 - 300 Suite Commerce Corporate Center Corporate Commerce Date : 06-02-17 Suite 300 - 7,435 SF Date : 06-02-17 Date : 06-02-17 Not A Part SUITE 330 Not A Part SUITE 330
Date : 06-02-17 SUITE 320 Not A Part
SHIPPING/RECEIVINGSUITE 330 BATH
Commerce Corporate Center SUITE 300
5800 South Eastern Ave., PLAN SPECIFIC NOTES Not A Part SUITE 300 ROOM LEGEND Suite 300 - 7,435 SF
Suite 300 - 7,435 SF 320 SUITE
Not A Part SUITE 330
Not A Part A Not Suite 300 - 7,435 SF
Not A Part
Suite 300 - 7,435 SF SUITE 320 Not A Part SUITE 320
SUITE 300 PLAN SPECIFIC NOTES
LEGEND
PLAN SPECIFIC NOTES SPECIFIC PLAN
Not A Part SUITE 320 SUITE 300 SUITE 300 SUITE 300 PLAN SPECIFIC NOTES PLAN SPECIFIC NOTES PLAN SPECIFIC NOTES STORAGE
SUITE 300
PLAN SPECIFIC NOTES
Not A Part SUITE 300
Not A Part
LEGEND CONFERENCE PLAN SPECIFIC NOTES PLAN SPECIFIC NOTES SPECIFIC PLAN LEGEND PLAN SPECIFIC NOTES LEGEND PLAN SPECIFIC NOTES SPECIFIC PLAN LEGEND LEGEND PLAN SPECIFIC NOTES SPECIFIC PLAN
STORAGE PLAN SPECIFIC NOTES OFFICE
SUITE 320
Not A Part SUITE 300
SUITE 300 SUITE SUITE 310 LOBBY
Not A Part SUITE 330 Not A Part SUITE 310
SUITE 320
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SUITE 310 Not A Part
LEGEND
LEGEND PLAN SPECIFIC NOTES SPECIFIC PLAN
SUITE 310 SUITE 310 SUITE Not A Part SUITE 300 Not A Part PLAN SPECIFIC NOTES
5800 South Eastern Ave., SUITE 300 Commerce Corporate Center
PLAN SPECIFIC NOTES SUITE 300 Part A Not PLAN SPECIFIC NOTES Not A Part Not A Part SUITE 320
SUITE 320 SUITE 320 Not A Part
SUITE 320 310 SUITE
SUITE 300 SUITE PLAN SPECIFIC NOTES SUITE 300 Commerce Corporate Center 5800 South Eastern Ave., Not A Part SUITE 320 Commerce Corporate Center
Not A Part A Not 5800 South Eastern Ave., LEGEND Not A Part SUITE 320
LEGEND
5800 South Eastern Ave., Commerce Corporate Center LEGEND
Date : 06-02-17 : Date NOTES SPECIFIC PLAN PLAN SPECIFIC NOTES SUITE 300 SUITE 310
Suite 300 - 7,435 SF 7,435 - 300 Suite Not A Part 320 SUITE OFFICE PLAN SPECIFIC NOTES Not A Part
Not A Part Not A Part SUITE 310
SUITE 300 SUITE SUITE 300 SUITE 300 SUITE SUITE 300 SUITE Not A Part A Not SUITE 300 SUITE 330 SUITE 310 Date : 06-02-17 Not A Part SUITE 320 Suite 300 - 7,435 SF Not A Part SUITE 320 320 SUITE Not A Part
SUITE 330 SUITE SUITE 320
LEGEND Not A Part A Not 310 SUITE Not A Part SUITE 300 SUITE Not A Part
Not A Part A Not SUITE 310
5800 South Eastern Ave., Commerce Corporate Center Commerce Corporate Center 5800 South Eastern Ave.,
Not A Part A Not Not A Part SUITE 320 SUITE 320 Not A Part SUITE 310 LEGEND LEGEND LEGEND LEGEND 5800 South Eastern Ave., 5800 South Eastern Ave., Commerce Corporate Center Commerce Corporate Center LEGEND 5800 South Eastern Ave., OFFICECommerce Corporate Center LEGEND SUITE 320 SUITE 310 Not A Part Not A Part 5800 South Eastern Ave., Commerce Corporate Center SUITE 320 Not A Part 5800 South Eastern Ave.,
Commerce Corporate Center
Not A Part A Not SUITE 310 SUITE Commerce Corporate Center 5800 South Eastern Ave., LEGEND LEGEND SUITE 310 SUITE 310 Not A Part Not A Part Suite 300 - 7,435 SF LEGEND SUITE 310 Not A Part LEGEND
LEGEND MERCHANDISE LEGEND SUITE 310 Not A Part 5800 South Eastern Ave.,
Commerce Corporate Center Commerce Corporate Center Corporate Commerce 5800 South Eastern Ave., Eastern South 5800 SALES AREA 5800 South Eastern Ave., Commerce Corporate Center
Not A Part 5800 South Eastern Ave., LEGEND SUITE 310 Commerce Corporate Center SUITE 310 Not A Part SUITE 330
Not A Part
SUITE 310 Not A Part
5800 South Eastern Ave.,
Commerce Corporate Center
LEGEND Not A Part SUITE 310 Date : 06-02-17
Not A Part A Not PLAN SPECIFIC NOTES
PLAN SPECIFIC NOTES SUITE 300
SUITE 300 Not A Part A Not SUITE 320
SUITE 320 SUITE Not A Part
SUITE 310 SUITE SUITE 310 Not A Part SUITE 330 SUITE SUITE 310
Not A Part A Not Not A Part SUITE 320 Commerce Corporate Center SUITE 310 5800 South Eastern Ave., Not A Part
Commerce Corporate Center 5800 South Eastern Ave.,
Not A Part A Not Commerce Corporate Center
SUITE 330 SUITE Not A Part 5800 South Eastern Ave.,
SUITE 330 SUITE LEGEND
Not A Part A Not STORAGE COOLER
Not A Part Not A Part A Not LEGEND Not A Part A Not
SUITE 310 SUITE Not A Part LEGEND SUITE 330 Not A Part A Not Not A Part
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Not A Part A Not LEGEND
SUITE 310 SUITE SUITE 310 SUITE 310 SUITE
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SUITE 330 SUITE SUITE 330 SUITE 330 SUITE 320 SUITE SUITE 330 SUITE SUITE 330
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Not A Part A Not Part A Not PLAN SPECIFIC NOTES
Commerce Corporate Center Corporate Commerce SUITE 300 Commerce Corporate Center Not A Part A Not Not A Part Not A Part A Not
Not A Part A Not SUITE 300 SUITE Not A Part SUITE 310 SUITE Not A Part
SUITE 330 SUITE 300 SUITE DARKROOM SUITE 320 SUITE SUITE 320 SUITE 330 SUITE 320 SUITE SUITE 320 SUITE
5800 South Eastern Ave., Eastern 310 South SUITE 5800 SUITE 320 DARKROOM 5800 South Eastern Ave.,
SUITE 320 SUITE Not A Part A Not
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Not A Part A Not SUITE 320 SUITE Not A Part SUITE 310 Suite 300 - 7,435 SF PLAN SPECIFIC NOTES Suite 300 - 7,435 SF SUITE 300 SUITE 320 Not A Part SUITE 320 Not A Part SUITE 320 Not A Part SUITE 330 Not A Part
SUITE 330 Center Corporate Commerce Not A Part NOTES SPECIFIC PLAN
Date : 06-02-17 PLAN SPECIFIC NOTES SPECIFIC PLAN Date : 06-02-17
Commerce Corporate Center SUITE 300 SUITE PLAN SPECIFIC NOTES SPECIFIC PLAN LEGEND 5800 South Eastern Ave., Ave., Eastern South 5800
LEGEND Floor plan is not to scale and is for reference purposes only. Suite 300 - 7,435 SF PLAN SPECIFIC NOTES SUITE 300 4 | 5124 Sunset Boulevard PLAN SPECIFIC NOTES SUITE 300 PLAN SPECIFIC NOTES SUITE 300 SUITE 330 Not A Part SUITE 300 SUITE Date : 06-02-17
Suite 300 - 7,435 SF SUITE 300 SUITE 330 SUITE 320 Not A Part
Not A Part Suite 300 - 7,435 SF 7,435 - 300 Suite
SUITE 300 SUITE Date : 06-02-17
SUITE 330 SUITE Not A Part A Not Suite 300 - 7,435 SF 7,435 06-02-17 : - Date 300 Suite Center Corporate Commerce Suite 300 - 7,435 SF
PLAN SPECIFIC NOTES SPECIFIC PLAN LEGEND Suite 300 - 7,435 SF Suite 300 - 7,435 SF PLAN SPECIFIC NOTES
SUITE 300 PLAN SPECIFIC NOTES LEGEND SUITE 330
Date : 06-02-17 : Date Ave., Eastern South 5800 Not A Part
Suite 300 - 7,435 SF 7,435 - 300 Suite SUITE 330 Not A Part Date : 06-02-17 SUITE 330 Not A Part Date : 06-02-17 Date : 06-02-17 PLAN SPECIFIC NOTES SPECIFIC PLAN LEGEND Date : 06-02-17 : Date Suite 300 - 7,435 SF Suite 300 - 7,435 SF 7,435 - 300 Suite Center Corporate Commerce SUITE 330 Not A Part Suite 300 - 7,435 SF CommerceDate : 06-02-17 Corporate Center 5800 South Eastern Ave., Eastern South 5800 Date : 06-02-17 : Date Date : 06-02-17 Suite 300 - 7,435 SF 7,435 - 300 Suite Center Corporate Commerce 5800 South Eastern Ave., Date : 06-02-17 : Date Ave., Eastern South 5800 Colliers International | 5 MARKET OVERVIEW
EAST HOLLYWOOD, CALIFORNIA Widely known as the glamorous and historic home of the film industry, Hollywood is perhaps most recognized these days for its world-renown theaters, multilevel shopping centers and a wealth of production studios. Crowds vying for a glimpse of celebrity form daily along the Walk of Fame and at the Hollywood & Highland Center, which sit at the neighborhood’s core. But behind the scenes, Hollywood’s economy runs deeper than the glitz and the glam it portrays to the world. Anchored by a thriving creative community, the 3.5-square-mile community has attracted more than $4.8 billion of investment dollars since 2000 for major retail, commercial, hospitality and business projects. Residents and business interests alike are drawn to the neighborhood by its excellent central location in the region, its superior connectivity via public transit and freeway access, and its booming economy. Hollywood is recognized worldwide as the home of the film and entertainment industry. Titans of the industry, including Capitol Records, Live Nation, Technicolor and the Academy of Motion Picture Arts and Sciences, have headquarters here, and new arrival Netflix is rapidly expanding its footprint in town. Thanks to the presence of Kaiser Permanente and the Children’s Hospital of Los Angeles, Hollywood also has an above-average concentration of jobs associated with the healthcare industry. Hollywood is well connected to the Greater Los Angeles area via various modes of public transportation. The Los Angeles Metro service operates the Red Line light rail, as well as several local and rapid busway routes that run through Hollywood. Meanwhile the Los Angeles Department of Transit also provides several local DASH routes that serve the area.
6 | 5124 Sunset Boulevard DEMOGRAPHICS
POPULATION
2025 2020 2010 Growth Daytime Projection Estimate Census 2020-2025 Population
One Mile 79,483 78,259 76,525 1.6% 75,684
Three Mile 458,541 438,107 415,649 4.7% 420,620
Five Mile 1,125,580 1,080,969 1,010,287 4.1% 1,179,155
HOUSEHOLD INCOME
2020 2020 Est. Average Est. Median
One Mile $63,215 $42,069
Three Mile $82,154 $52,067
Five Mile $85,746 $53,790
Colliers International | 7 SURROUNDING MARKET
Multifamily Office Retail
18 19 3
11 20 20 4 3 1 9 15 13 4 5 3 2 10 14 24 18 6 6 23 8 7 9 22 5 11 15 14 16 16 21 10 8 7 16 15 11 19 4 12 14 17 6 10 1712
13 20 7
13
18
2
1
2 1 12
+4,500 +3,335,000 SF +888,000 SF 8 Multifamily Units Office Retail 5 9
8 | 5124 Sunset Boulevard MULTIFAMILY OFFICE RETAIL Units 1 American Career College 4021 Rosewood Ave 1 4202-4228 Beverly Blvd 2 American Career College 590 N Vermont Ave 2 4317 Beverly Blvd 1 Eastown 535 3 Capitol Records 1750 Vine St 3 2712-2732 Griffith Park Blvd El Centro Apartments & 2 507 Bungalows 4 Godfrey Hotel 1400 N Cahuenga Blvd 4 5417-5455 Hollywood Blvd 3 1600 Vine 375 5 Hollywood Ivar Gardens 6409 W Sunset Blvd 5 6356 Hollywood Blvd 4 Duet on Wilcox 345 6 Hyatt 1525 N Cahuenga Blvd 6 4319-4341 W Sunset Blvd 7 Kaiser Permanente 4700 W Sunset Blvd 5 Violet on Virgil 302 7 Vermont Willowbrook Center 8 KTLA 5800 W Sunset Blvd 6 Sunset and Vine 300 8 126-198 S Vermont Ave 9 Netflix 5800 W Sunset Blvd 7 Lumina Hollywood 299 9 Vermont town Center 10 Netflix 5901 W Sunset Blvd 10 Fountain Vine Plaza 8 The Camden 287 11 Netflix 1375 Vine St 11 9 Sunset + Vine Hollywood Knickerbocker 282 12 Netflix 1355 Vine St 12 240 N Virgil Ave 10 The 5550 280 13 Netflix 827 Vine St 13 Towne Center 11 The Hollywood Ardmore 206 14 Netflix 1350 N Western Ave 14 240 N Virgil Ave Hollywood Off-Vine 15 Netflix, Inc. 5800 W Sunset Blvd 12 203 Apartments 15 The Dome Entertainment Center 16 NeueHouse 6121 W Sunset Blvd 13 The Gershwin 202 16 6400 W Sunset Blvd 17 Nicholl Fellowships 1313 Vine St 14 Columbia Square Living 200 Paramount Pictures 17 SEC Vine St & Fountain Ave 18 5555 Melrose Ave Corporation 18 15 5600 W Hollywood Blvd 200 Trader Joe's 19 Second Home 1370 N St Andrews Pl 16 Wallace on Sunset 200 19 Albertsons 20 Spaces 1800 N Vine St 20 JONS International Marketplace 21 Technicolor 6040 W Sunset Blvd Thompson Hollywood 22 1523-1541 Wilcox Ave Hotel 23 ViacomCBS 1575 N Gower St 24 WeWork 1601 Vine St Colliers International | 9 SURROUNDING MARKET
Development Proposed Under Construction
PROPOSED 1 Hollywood Center
2 5420 W Sunset Blvd
3 Palladium Residences 8 1 4 200 N Vermont Ave 3 9 5 Enlightenment Plaza
6 1360 Vine St 4 5 3 7 2 7 5525 W Sunset Blvd 6 2 8 6220 West Yucca 7 6 1 9 Hollywood & Wilcox
UNDER CONSTRUCTION 1 Rise Hollywood
2 6200 W Sunset Blvd
3 1718 N Las Palmas Ave
4 City Lights
5 1522-1538 N Cassil Pl 5 6 Wallace on Sunset 4 7 Jardine
10 | West Hollywood Gateway Shopping Center Sunset Boulevard 38,000 VPD
Normandie Avenue 19,000 VPD
Colliers International | 11 5124 SUNSET BOULEVARD
For more information, contact:
GABE KADOSH ERIC CARLTON COLLIERS INTERNATIONAL Lic. 01486779 Lic. 01809955 865 S. Figueroa Street, Suite 3500 +1 213 861 3386 +1 949 724 5561 Los Angeles, CA 90017 [email protected] [email protected] www.colliers.com