BRANDON MICHAELS GROUP SOUTHERN 'S PREMIER SALES TEAM

A FULLY RENOVATED MEDICAL OWNER-USER OPPORTUNITY IN A DENSE LOS ANGELES SUBMARKET INVESTMENT ADVISORS

BRANDON MICHAELS BEN BROWNSTEIN Senior Managing Director of Investments Senior Associate Senior Director, National Retail Group National Retail Group Tel: (818) 212-2794 Tel: (818) 212-2812 Fax: (818) 212-2710 Fax: (818) 212-2710 [email protected] [email protected] License: CA #01434685 License: CA #02012808 www.BrandonMichaelsGroup.com www.BrandonMichaelsGroup.com SAM LIBEROW MAX GERSHT First Vice President Investments Investment Associate Director, National Multi Housing Group National Multi Housing Group Tel: (818) 212-2795 Tel: (818) 212-2664 Fax: (818) 212-2710 Fax: (818) 212-2710 [email protected] [email protected] License: CA #01933858 License: CA #02057610

CONFIDENTIALITY AND DISCLAIMER The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Mar- cus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved.

NONENDORSEMENT NOTICE Marcus & Millichap is not ailiated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply ailiation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its ailiates or subsidiaries, or any agent, prod- uct, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers. ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS.

SPECIAL COVID NOTICE

All potential buyers are strongly advised to take advantage of their opportunities and obligations to conduct thorough due diligence and seek expert opinions as they may deem necessary, especially given the unpredictable changes resulting from the continuing COVID-19 pandemic. Marcus & Millichap has not been retained to perform, and cannot conduct, due diligence on behalf of any prospective purchaser. Marcus & Millichap’s principal expertise is in marketing investment properties and acting as intermediaries between buyers and sellers. Marcus & Millichap and its investment professionals cannot and will not act as lawyers, accountants, contractors, or engineers. All potential buyers are admonished and are not guarantees and, given the potential volatility created by COVID-19, all potential buyers should be comfortable PROPERTY OVERVIEW COMPARABLES ANALYSIS AREA OVERVIEW Property Overview01

A FULLY RENOVATED MEDICAL OWNER USER OPPORTUNITY IN A DENSE LOS ANGELES SUBMARKET

The Brandon Michaels Group of Marcus & Millichap has been selected to exclusively market for sale 3314 Firestone Blvd, a 1,824 square foot, Owner-User Medical building located just west of Long Beach Blvd and just east of Atlantic Blvd in the center of the gentrifying neighborhood of South Gate, CA. The surrounding demographic has a median household income of $49,117. As one of the densest neighborhoods in LA County, South Gate has a population of over 94,000 residences. Ideally located along Firestone Blvd, the property benefits from high daily traic counts of over 20,000 vehicles. The subject property oers excellent frontage and visibility, benefiting from 65 feet of frontage along Firestone.

3314 Firestone Blvd oers the unique opportunity to acquire a well-located medical property with flexibility in usages. The 1,824 square foot site, was formerly utilized as an urgent care and is situated with enough parking (16 spaces) to allow any medical user to occupy. Located directly across the street from South Gate Highschool and one block from South Gate Elementary School #4, this property is an ideal location for any medical related facility. There are over 111,000 people within a 2-mile radius of the property and over 440,000 within a 5-mile radius. The subject property boasts a walk score of 70 making this a very walkable and bikeable location with direct access to transit. As development picks up in the neighborhood, the Metro Light Rail is in the planning process of its West Santa Ana Branch located one mile east on Firestone, which will transform the community into a Transit Oriented District with long term upside. 3314 Firestone Blvd is situated on ~8,961 square feet of land zoned SGCM-R3.

6 DOWNTOWN LA SOUTH LOS ANGELES

ARDMORE AVE

ODYSSEY CONTINUATION HIGH SCHOOL MALONEY MEAT CO SOUTH GATE HIGH SCHOOL

STATE ST

FIRESTONE BLVD INVESTMENT HIGHLIGHTS

VINVALE IDEAL OWNERUSER MEDICAL OPPORTUNITY

• 1,824 square feet of ground floor medical space • 16 parking spaces allow for a multitude of medical uses – 8.8:1 Parking Ratio • Approximately $72,792,000 spent on Medical Services in 2019 in South Gate • Projected $82,052,000 will be spent on medical services in 2025 SOUTH GATE HIGH SCHOOL EXCELLENT SOUTH GATE LOCATION

• 94,000 citizens live in South Gate • Firestone Blvd is the main thoroughfare in the community • 20,000 Daily Traic Counts • Directly across the street from South Gate High School

DENSE LOS ANGELES COUNTY SUBMARKET

• Over 440,000 people within a five-mile radius • Within close proximity to downtown Los Angeles, all

major freeways, and Los Angeles International Airport FIRESTONE BLVD • Significant growth projections and new developments in the immediate and surrounding areas

8 ELIZABETH AVE

VICTORIA AVE

DEARBORN AVE 9 Well-located Medical Office with Flexibility in Usages FIRESTONE BLVD

10 PROPERTY HIGHLIGHTS A 1,824 SF OWNER-USER MEDICAL OFFICE IDEALLY LOCATED ON SOUTH GATE, CA

ADDRESS 3314 Firestone Boulevard South Gate, CA 90280

PRICE $850,000

BUILDING SF 1,824 SF

PRICE/SF (BUILDING) $466

LAND SF 8,961 SF

PRICE/SF LAND $95

YEAR BUILT 1925

PARKING 16 surface parking spaces

ZONING SGCM-R3

APN NUMBERS 6210-024-055, 6210-024-056

PROPERTY TYPE Oice

11 PROPERTY SITE The subject property is located near the intersection of Cole Avenue and Romaine Street. DETAILS SQUARE FOOTAGES The total building square footage is 1,824 SF. The total land square footage is A 1,824 SF OWNER- 8,961 SF. USER MEDICAL OFFICE IDEALLY YEAR BUILT The subject property was built in 1925. LOCATED ON SOUTH GATE, CA PARKING 16 parking spaces are available. The parking ratio is 8.77 per 1,000 SF.

ZONING The zoning of the subject property is SGCM-R3.

APN NUMBERS The APN numbers are 6210-024-055, 6210-024-056. Offers Excellent Frontage & Visibility with Direct Access to Transit 12 Offers Excellent Frontage & Visibility with Direct Access to Transit 13 Comparables Analysis02

SALES COMPARABLES

ADDRESS PRICE BUILDING SF LAND SF PRICE/SFBLDG SALES DATE

9720 Atlantic Ave 1 $1,600,000 4,432 13,939 $361.01 01/29/2020 South Gate, CA 90280

9918 Atlantic Ave 2 $7,400,000 11,734 18,295 $630.65 12/31/2019 South Gate, CA 90280

4816 Firestone Blvd 3 $1,750,000 3,696 18,295 $473.48 12/20/2019 South Gate, CA 90280

5831 Firestone Blvd 4 $9,100,000 24,000 78,844 $379.17 10/02/2019 South Gate, CA 90280

3310 Tweedy Blvd 5 $1,026,000 2,700 11,761 $380.00 12/20/2019 South Gate, CA 90280

AVERAGE $4,175,200 9,312 28,227 $444.86 -

16 3314 Firestone Blvd

1 9720 Atlantic Ave

2 9918 Atlantic Ave

3 4 3 4816 Firestone Blvd

5 1 4 5831 Firestone Blvd 2 5 3310 Tweedy Blvd

SALES COMPARABLES | PRICE/SF

$445 AVG PRICE/SF

9,312 AVG BUILDING SF

17 Area Overview03

SOUTH GATE . CA

There are a number of exciting things to do near South Gate. From historical sites to cultural attractions, explore the exhaustive list of all other local attractions in South Gate.

LOCATION South Gate is the 17th largest city in Los Angeles County, California.. South Gate is located 7 miles southeast of Downtown Los Angeles, and 21 miles southwest of Pasadena. It is part of the Gateway Cities region of southeastern Los Angeles County. In 1990, South Gate was one of ten U.S. communities to receive the All- America City Award from the National Civic League.

ECONOMY South Gate was the location of a General Motors automobile manufacturing facility called South Gate Assembly which was built in 1936. During the 1950s, it was GM's highest producing facility. The plant was closed in 1982 and is now the location of South East High School as of 2005.

The total number of jobs in South Gate as of 2014 was 24,218. Manufacturing, transportation and warehousing and retail trade jobs represent the majority of employment opportunities in South Gate.

DINING The sheer number of eating establishments in South Gate and the surrounding area is astounding. From Argentinean steakhouses to classic cafes, South Gate has an assortment of family-friendly dining locations to more upscale eateries.

SHOPPING In South Gate, you'll find shopping surprises around every corner.

• Azalea Regional Shopping Center • Cudahy Mall • El Paseo South Gate Shopping Center • Plaza Mexico Known For Its Outstanding City Services, Remarkable Recreation Facilities 20 POINTS OF INTERETS

WATTS TOWERS ARTS CENTER The Watts Towers Arts Center is a collection of 17 interconnected sculptural towers, architectural structures, and individual sculptural features and mosaics within the site of the artist's original residential property in Watts, Los Angeles. The Watts Towers were designated a National Historic Landmark and a California Historical Landmark in 1990. HOLLYDALE REGIONAL PARK 56-acre facility located in the heart of South Gate. This centerpiece of a park features wide lawns, athletic fields, basketball & tennis courts & play areas.

CALIFORNIA SCIENCE CENTER The California Science Center is a dynamic destination where families, adults and children can explore the wonders of science through interactive exhibits, live demonstrations, innovative programs and awe-inspiring films.

NATURAL HISTORY MUSEUM OF LOS ANGELES COUNTY

The Natural History Museum of Los Angeles County is the largest natural and historical museum in the western . Its collections include nearly 35 million specimens and artifacts and cover 4.5 billion years of history.

The museum hosts regular special exhibitions which augment its collections and advance its mission. Recent special exhibits have included Mummies and Pterosaurs. The museum also hosts a butterfly pavilion outside every Known For Its Outstanding City spring and summer and a spider pavilion on the same site Services, Remarkable Recreation Facilities in the fall. 21 DEMOGRAPHICS

95,420 Total Population of South Gate, Los Angeles, CA. The Median Age is 31.6. 49% 51% MALE FEMALE EDUCATION

39.1% 25.3% 21.3% 9.3% Less than High High School or Some college or Bachelor's School GED Associates Degree Degree or higher

Schools located in South Gate include: 21 public (13 elementary, 3 high school, 3 charter schools and 2 middle school and 1 span school and 1 continuation high school) and two parochial schools. Adult Education classes are conducted at both the junior and senior high schools. The City is also served by 3 community colleges (Compton, Cerritos and East Los Angeles—main campus and South Gate satellite) and 3 California State Universities (Dominguez Hills, Long Beach and Los Angeles.)

• Bryson Avenue Elementary School • South Gate High School • Tweedy Elementary School • Independence Elementary School • South East High School • Odyssey Continuation High School • Liberty Boulevard Elementary School • Firestone Charter School • Hollydale School (K-8) • Madison Elementary School • Aspire Gateway Charter School • • Montara Avenue Elementary School • Valiente College Preparatory Charter School

22 1 MILE 3 MILES 5 MILES 2020 Population 62,253 440,703 1,006,579

2020 Households 15,052 102,908 241,649

2020 Average Household 4.10 4.20 4.00 Size 1,006,579 $49,117 2020 Median Household $49,117 $43,922 $45,287 Population within Median HH income within Income 5-m radius 1-m radius 2020 Average Household $60,583 $56,579 $58,384 Income

2020 Owner Occupied 5,594 36,666 92,651 Households

2020 Renter Occupied 9,459 66,242 148,998 Households

<$25,000 3,342 27,951 65,105 148,998 5,938,743 Renter Occupied Households Businesses $25,000 - $50,000 4,326 29,549 66,405 within 5-m radius within a 5-m radius

$50,000 - $75,000 3,191 19,440 45,212

$75,000 - $100,000 1,939 11,828 29,231

$100,000 - $125,000 1,102 6,883 17,0 49

$125,000 - $150,000 522 3,269 8,111

$150,000 - $200,000 447 2,763 6,982 $60,583 92,651 Average HH income within Owner Occupied Households $200,000+ 183 1,227 3,553 5-m radius within 5-m radius

23 BRANDON MICHAELS GROUP SOUTHERN CALIFORNIA'S PREMIER SALES TEAM

BRANDON MICHAELS BEN BROWNSTEIN SAM LIBEROW MAX GERSHT Senior Managing Director of Investments Senior Associate First Vice President Investments Investment Associate Senior Director, National Retail Group National Retail Group Director, National Multi Housing Group National Multi Housing Group Tel: (818) 212-2794 Tel: (818) 212-2812 Tel: (818) 212-2795 Tel: (818) 212-2664 Fax: (818) 212-2710 Fax: (818) 212-2710 Fax: (818) 212-2710 Fax: (818) 212-2710 [email protected] [email protected] [email protected] [email protected] License: CA #01434685 License: CA #02012808 License: CA #01933858 License: CA #02057610 www.BrandonMichaelsGroup.com www.BrandonMichaelsGroup.com