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Hollywood Boulevard Retail/Restaurant Space for Lease 4675 - 4685 Los FelizHollywood Boulevard California ForFor More More Information Information Contact: Contact: Andrew Andrew Cohen Cohen | |310.402.0211 310.402.0211 | |[email protected] [email protected] Subject Hollywood Boulevard North Vermont Avenue Leasing Agent Content Andrew Cohen 3 7 Senior Associate - Leasing The Space The Location [email protected] O 310.402.0211 6 LIC # 01996379 (CA) The Market Area The Space Site Plan Space Available for Lease Address SF Type Rate/SF Term 4679 Hollywood Boulevard ± 1,000 SF Restaurant Negotiable Negotiable Los Angeles, CA 90027 4681 Hollywood Boulevard ± 1,000 SF Retail Negotiable Negotiable Los Angeles, CA 90027 For More Information Contact: Andrew Cohen | 310.402.0211 | [email protected] 3 Property Highlights • Can deliver 1,000 - 3,000 SF plus mezzanine space • Zoned for food use • Building features high ceilings, exposed brick and huge character • Join Percolate Tea & Coffee • Rent and lease term are negotiable • Nets are approximately $6.00/foot annually • Freshly renovated to enhance the building’s 1920’s charm • Rare, on-site surface parking Building & Site Profile 4675 - 4685 Hollywood Boulevard Address Year Built / Renovated 1923 / 2018 Los Angeles, CA 90027 Assessor’s Parcel Number (APN) 5542-001-004 Frontage 100’ Zoning C2 Delivery Warm Restaurant/ Retail Shell Gross Leasable Area ± 6,473 SF Availability Immediate Availablity Lot Size ± 13,504 SF 4 Pegasus 2018 Est. Population 61,164 1-Mile 2018 Est. Average Household Income $70,246 Subject 1-Mile 2018 Est. Median Home Sale Price $1,704,250 Location Highlights • Situated on a stretch of Hollywood Boulevard that has become • Los Feliz’s median household income is $63,438 and 66% of the food and drink mecca of Los Feliz, with the likes of Kismet, residents are college educated, representing the highest figures on Kismet Rotisserie, McConnell’s Ice Cream, Go Get Em Tiger Coffee, the east side of LA (source: Trulia) Homestate, Bar Covell and Umami Burger all on the block • Many entertainment executives and celebrities live in Los Feliz due • Walking distance from Children’s Hospital Los Angeles, Kaiser to nearby entertainment/production companies such as Netflix, Permanente Los Angeles Medical Center and CHA Hollywood Sunset Bronson and Sunset Gower studios, less than 2 miles away Presbyterian Medical Center, which are major drivers of traffic • Adjacent to the Griffith Observatory, Griffith Park and the Greek Theater, some of Los Angeles’ major tourist destinations For More Information Contact: Andrew Cohen | 310.402.0211 | [email protected] 5 The Market Area Los Angeles, California As California’s liveliest and largest metropolis and the entertainment capital of America, Los Angeles has long been known as a city of dreams. The City of Angels is the second largest city in the United States and has been designated an Alpha world city. Located on Southern California’s Pacific coast, it is the main hub of the Southern California region with legendary Hollywood northwest of downtown, the San Fernando Valley to the east, and the inviting beaches of Santa Monica and Malibu to the west. The economy of the city of Los Angeles is highly diversified, with strong sectors in services, wholesale and retail trade, manufacturing, government, financial service industries, transportation, utilities, and construction. The entertainment and tourism industries also contribute significantly to the economy. The trade volume of its busy port is the highest in the nation and one of the highest in the world. 6 Pegasus The Location Los Feliz Los Feliz is a hillside neighborhood in the central region of Los Angeles, bordering Hollywood and encompassing part of the Santa Monica Mountains. Located between Interstates US-101 and I-5 at the base of Mount Hollywood, the neighborhood is famous for its proximity to the iconic Griffith Observatory, the Greek Theater and also for being home to many of Hollywood’s elite and movie stars. A pedestrian-friendly neighborhood exuberating a relaxed vibe, Los Feliz houses an eclectic selection of artisanal shops and eateries, a collection resembling the cultural diversity of its residents. On its east side, the neighborhood boasts some of the most splendid and influential residential architecture in Los Angeles, including the Ennis House and the Hollyhock house designed by Frank Lloyd Wright. Apart from its colorful history and local boutiques, Los Feliz is also welcoming new and large scaled developments into town. At the southeast corner of Western and Franklin Avenues, a five-story structure including 96 apartments and 5,500 SF of ground-floor commercial space is underway. Los Feliz is a well-balanced mixture of history and modernity, an urban charm that continuously draws in Los Angeles natives and tourists from all over the world. Los Feliz Village Sitting on the southern end of Los Feliz centered on Vermont and Hillhurst Avenues, Los Feliz Village is deemed as one of Los Angeles’ most walkable commercial districts and as the heart of the neighborhood. This area of Los Feliz is dotted with most of the commercial storefronts in the district, ranging from restaurants, coffee shops, and specialty dive bars to boutiques, a neighborhood movie house and vintage stores. More than 300 independent and creative spirited merchants call Los Feliz Village home, adding to the unique personality of this eclectic neighborhood. 7 The Griffith Observatory A mile walk up Vermont Avenue from the Los Feliz Village, the Griffith Observatory sits on the south-facing slope of Mount Hollywood in Los Angeles’ Griffith Park, one of the largest urban parks in the United States. Since it’s opening in 1935, the facility has been a national leader in public astronomy and has become the most visited public observatory. A unique hybrid of public observatory, planetarium and exhibition space, the Griffith Observatory has welcomed and educated over 81 million visitors as the best vantage point for observing the Hollywood sign and downtown Los Angeles. The Greek Theater Nestled in Griffith Park just east of the Griffith Observatory, the Greek Theater is a 5,780-seat outdoor entertainment venue owned by the city of Los Angeles. One of the nation’s most recognized and adored music venues, the historic Greek Theater has hosted some of the biggest legends and icons in music, including Frank Sinatra and Bruce Springsteen, among many others. The exquisitely designed venue is also a popular site for graduation ceremonies, stage shows and backdrops for films and TV shows. Over the past eight years, the Greek Theater has proudly won the “Best Small Outdoor Venue” award seven times. 8 Pegasus Kaiser Permanente Los Angeles Medical Center Merely half a mile from the available space at Vermont Avenue and Sunset Boulevard, the Kaiser Permanente Los Angeles Medical Center is a general medical and surgical facility operated by Kaiser Permanente, the nation’s leading non-profit health plan provider. One of the two largest medical centers in Los Angeles, the hospital provides personalized and premium healthcare for residents and visitors in the area. To better serve the patients’ needs and increasing demands, the medical center is planning for an expansion to add over 425,000 SF of new medical facilities between the years of 2020 and 2030. The construction will include a 50,000 SF Procedure Center, a 132,000 SF medical office, and an eight-story, 200-stall parking garage. Children’s Hospital Of Los Angeles Just a short walk from the subject property at the southeast corner of Sunset Boulevard and Vermont Avenue, Children’s Hospital of Los Angeles is a respected non-profit institution that provides quality pediatric health care. Contributing more than $232M in community benefits to children and families, the hospital is the first and largest pediatric hospital in Southern California. The facility strives to meet the distinct needs of every child; it offers more than 350 pediatric specialty programs. CHA Hollywood Presbyterian Medical Center CHA Hollywood Presbyterian Medical Center is a private hospital located at Vermont Avenue and Fountain Avenue, just a few minutes walking distance from the available space. With more than 500 experienced physicians representing a full range of specialties, the general medical and surgical facility provides comprehensive and quality care for the Hollywood community and surrounding areas. An exceptional community health care provider, CHA Hollywood Presbyterian Medical Center holds the distinction of being one of the first hospitals in Los Angeles and of being the first hospital in Hollywood. The hospital has been undergoing a $350M campus upgrade over the last few years and commenced the final phase upon the ground breaking of a new $291M patient care tower in mid-2018. Featuring an emergency department double the size of the existing facility, a maternity and neonatal intensive care unit as well as a new medical surgical unit with all private room, this state-of- Architectural Rendering - Kaiser Permanente Los Angeles Medical Center the-art facility will have 175,000 SF of usable space. For More Information Contact: Andrew Cohen | 310.402.0211 | [email protected] 9 “Los Feliz has remained a popular celebrity Los Feliz 3 Cinemas enclave.” The Los Feliz 3 Cinemas sits just below the Historic Griffith Observatory along with an exquisite selection of shops, restaurants and boutiques. Featuring a handpicked collection of
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