90% Permit Ready Development Site for 18 Townhome Units

GLENDALE

ATWATER VILLAGE 5

SILVERLAKE

StarbucksReserve

Little Dom’s Lassens Coffee Cafe Los Feliz Blue Bottle Yuca’s

All Time Trattoria Farfalla Farfalla Vinoteca Ice CreamMustard Library Jeni’s Splendid Seed Cafe Hillhurst Ave. Los Feliz Branch Simply Thai Tub Tim Siam Los Feliz Blvd. La Pergoletta Home

Yoga Vibe Desert Rose

Albertsons Alcove

& Tea Leaf Bru Coffeebar The Messhall Kitchen Palermo Italian Home State N. Vermont Ave. Fred’s 62 The Coffee Bean Stamp Proper Foods The Los FelizSkylight Theater Books Sogo Roll Bar Figaro Bistrot Punchbowl

Dresden & Stage Go Get Em Tiger

Rockwell Table Kismet Rotisserie StarbucksU.S. Bank Snatch the Mic Vermont/Sunset Finley Ave. Hollywood Blvd. Metro Station LOS FELIZ Prospect Ave. House of Pies JONS International

Grill Franklin Ave. Sidewalk Marketplace U.S. Postal Service Il Capriccio Bank of America Rite Aid

1739 Public House

N. Edgemont St. SITE

Hollywood Blvd.

Barnsdall Art Park Rendering

90% Permit Ready Development Site for 18 Townhome Units OFFER DUE DATE: Utilizing Small Lot Ordinance Friday, December 11, 2020 by 5:00 PM ±0.65 Acres in Los Feliz www.The4773.com Rendering

2 4773 HOLLYWOOD BLVD | LOS ANGELES, CA 4773 Hollywood Blvd. DOWNTOWN LOS ANGELES

Hollywood Presbyterian Medical Center SILVERLAKE

Vons EAST Vermont/Sunset HOLLYWOOD Metro Station Crossroads Trading

Kaiser Permanente Hollywood Blvd. Home State Sogo Roll Bar Go Get Em Tiger Kismet Rotisserie Umami Burger Starday Vintage JONS International Prospect Ave. Marketplace Starbucks U.S. Bank Rite Aid Rockwell Table & Stage Barnsdall Art Park Snatch the Mic

The Dresden

N. Vermont Ave. Bank of America Sidewalk Grill

1739 Public House Hollywood Blvd. Il Capriccio

N. New Hampshire Ave. SITE

N. Berendo St. WEST SANTA MONICA CENTURY CITY HOLLYWOOD BEVERLY HILLS

The Hollywood Roosevelt Hollywood & Highland W Hotel Hollywood/Vine Capital Records Metro Station Bolt EaHo Torung Petco Marshalls Ralphs Hollywood/Western The Dixie Hollywood HOLLYWOOD Metro Station Thai Barbeque Harvard and Stone El Adobe Market Sanamluang Cafe Sapp Coffee Shop Kruang Tedd Bravo Pizza Tabula Rasa Bar Carousel Restaurant Franklin Ave.

Cruzer Pizza Adele’s of Hollywood Papillon International Bakery Most Unique Flowers Barnsdall Art Park Taron Bakery Out of the Closet

N. Edgemont St.

N. Berendo St.

Hollywood Blvd. SITE

N. New Hampshire Ave.

TRAFFIC COUNTS AT MAJOR CROSS STREETS

Hollywood Blvd & N. New Hampshire Ave. 27,045 ADT 27,840 Hollywood Blvd & N. Edgemont St. Converted Approach Count TABLE OF CONTENTS

I. EXECUTIVE SUMMARY

II. COMPARABLES

III. AREA OVERVIEW SITE

© 2020 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:7585112 Contacts:

LAURIE LUSTIG-BOWER KADIE PRESLEY WILSON Executive Vice President First Vice President OFFER DUE DATE: Friday, December 11, 2020 Lic. 00979360 Lic. 01476551 by 5:00 PM +1 310 550 2556 +1 310 550 2575 [email protected] [email protected] www.The4773.com LOS FELIZ I

N. Vermont Ave. SITE

Hollywood Blvd. Executive Summary Executive Summary

CBRE, Inc. as exclusive agent is pleased to present for sale 4773 Hollywood Boulevard, a fully entitled, nearly ready to issue permits development site to build 18 small lot ordinance townhomes with attached garages in one of Los Angeles’ most desirable residential neighborhoods, Los Feliz.

Located at 4773 Hollywood Boulevard at the intersection of Berendo Street, the townhome community will have two entry points with three rows of homes. All homes will be three stories and comprised of three or four bedrooms, three and one half baths, and tandem two-car garages. Six of the townhomes fronting Hollywood Boulevard will feature flexible space with 14’ ceilings, and two-car garages with subterranean lifts. Fourteen of the homes will have rooftop sundecks with panoramic views of Griffith Park Observatory, the Hollywood Hills, the Hollywood Sign and Downtown Los Angeles. Homes will range in size from ±1,964 square feet to ±2,622 square feet.

The ±28,409 square foot vacant parcel sits directly across the street from Barnsdall Art Park in the highly coveted submarket of Los Feliz. The park is a Los Angeles Historic-Cultural Monument and features Frank Lloyd Wright’s first Los Angeles project, Hollyhock House, a Unesco World Heritage Site.

4773 Hollywood Boulevard boasts an outstanding WalkScore of 93 out of 100. It is a six minute walk to the Vermont/Sunset Metro Station Red Line and is just one block from the popular retail shops and restaurants that line Vermont Avenue.

The property is offered to the market on an unpriced basis.

Offers are due Friday, December 11, 2020 by 5:00pm.

8 4773 HOLLYWOOD BLVD | LOS ANGELES, CA Investment Highlights

Permit Ready for 18 Excellent Los Feliz Townhome Units Location

Griffith Observatory

Outstanding Six Minute Walk to WalkScore® of 93 the Metro Red Line Connecting Hollywood to DTLA

One Block to Retail Across the Street from Shops and Restaurants Barnsdall Art Park and Along Vermont Avenue Frank Lloyd Wright’s Los Feliz Theater Hollyhock House

Excellent Proximity to Walking Distance to: Multiple Employment • Kaiser Permanente Centers • Children’s LA Hospital • Hollywood Presbyterian

9 4773 HOLLYWOOD BLVD | LOS ANGELES, CA Hollyhock House Property Information Unit Mix Balconies Rooftop Private Unit Type Units Avg SF SF Deck SF Yard SF 4773 Hollywood Blvd. ADDRESS 3+2 3 2,475 283 714 0 Los Angeles, CA 90027 3+2 2 2,475 283 714 0 ASSESSOR PARCEL 5589-030-030 3+2 1 2,622 283 714 0 NUMBER 3+3 4 2,078 0 500 0

SITE AREA ±0.65 or ±28,409 SF 3+3 4 1,978 100 0 200

4+3 4 2,078 0 500 193 ±135' along Hollywood Blvd. & SITE DIMENSIONS ±211' along Berendo St. Total 18 39,533 2,098 8,284 1,572 Average 2,196 117 460 87 ZONING C2-1D & RD1.5-1XL

GENERAL PLAN LAND Highway Oriented Commercial USE

Vermont / Western Station SPECIFIC PLAN AREA Neighborhood Area Plan (“SNAP”)

TRANSIT ORIENTATED Tier 3 COMMUNITY

NEIGHBORHOOD Los Feliz Neighborhood Council COUNCIL

COUNCIL DISTRICT CD4 – David Ryu

10 4773 HOLLYWOOD BLVD | LOS ANGELES, CA Rendering

11 4773 HOLLYWOOD BLVD | LOS ANGELES, CA Development Status

4773 N. HOLLYWOOD BOULEVARD – 18DU SMALL LOT ORDINANCE Building Permits Pricing Recommendations & Assumptions Construction Drawings Plan Check / Permit Status ENTITLEMENT September 26, 2018 Final (“CD’s) in Plan Check APPROVALS Unappealable City Council Approval 4773 Hollywood Blvd. @ 1.5/Month (1-year marketing window) Grading & Light Impact RTI subject to posting bonds, Home Configuration Unit Base (Sept 2018) Base+PremiumDevelopment Assumptions/Totalpaying permit Pricefees ARCHITECTURE & Construction drawings need to be Plan ENGINEERING 100% complete for final plan check Bed Bath Flrs Cars Mix Size Price PSF Sale Price PSF Opt/Upgr Pre mium90% RTI Totalsubject Price to receivingPSF C 3 2.5 3 2T 6 1,964 $1,475,000 $751 $1,551,428Onsite $790 Improvements$73,750 $76,428Departmental $1,625,178 Clearances, $827 posting VESTED TENTATIVE bonds, paying permit fees VTT-74730-SL-2A C1 3 2.5 3 2T 2 1,964 $1,327,500 $676 $1,403,928 $715 $66,375 $76,428 $1,470,303 $749 TRACK MAP B 3 2.5 3 2 2 2,350 $1,625,000 $691 $1,701,428 $724 $81,250 $76,42890% RTI subject $1,782,678 to Departmental $759 A.1 & A.3 2+F 3.5 3 1+L 2 2,361 $1,584,375 $671 $1,660,803Offsite $703 Improvements$79,219 $76,428Clearances, $1,740,022 posting bonds, $737 paying ZONING ADMINISTER ZA-2016-4902-ZAA-SPPA-SPP-DI-1A A & A.2 2+F 3.5 3 1+L 3 2,417 $1,675,000 $693 $1,751,428 $725 $83,750 $76,428permit fees $1,835,178 $759 AGENCY 90% RTI subject to Departmental B.1 3 2.5 3 2 2 2,424 $1,507,500 $622 $1,583,928Building $653 Architecture$75,375 & $76,428 $1,659,303 $685 Clearances; paying park fees, A.4 2+F 3.5 3 1+L 1 2,622 $1,775,000 $677 $1,851,428Structural $706 $88,750 $76,428 $1,940,178 $740 CEQA ENV-2016-4903-CE school fees, paying permit fees Total/Average: 18 2,214 $1,541,042 $699 $1,617,470 $734 $77,052 $76,428 $1,694,522 $769

The table above provides BASE pricing along with estimated average option/upgrade revenue and average premium revenue. Given the unique nature of the site, the individual floorplans, and overall premium potential, we conducted a unit-by-unit pricingParkingstrategy to more accurately predict revenues. Each unit will have an See pages 14-15 for detailed unit-by-unit revenues attached two-car garage with car lift, which will have The 6 homes along Hollywood Blvd (Plans A.1-A.4) have Vasari vault garagedirect liftsaccess(shown to the unit; in picture to the Right). It lowers one vehicle to a private underground Fourvault additionalarea, which parking allows another vehicle to be driven onto the lift platform and parked at groundspacesfloor will belevel provided. for guests.

PRODUCT: 18 detached small lot ordinance units The 6 homes along Hollywood Blvd (Plans A.1-A.4) have Vasari vault garage lifts (shown in picture in the upper ABSORPTION: Our prices target an absorption of 1.5 units per month, which is equal to a 1 year marketing windowright).. It lowers one vehicle to a private underground vault area, which allows another vehicle to be driven onto the HOA/ASSESSMENT: Our pricing assumes a $200 monthly HOA fee (HOA range from $175 to $250) with a total lifttax platformrate of 1 and.16 %parked. at ground floor level. Rendering UPGRADES: Estimated at 4% of base prices.

TARGET MARKET: The subject property will attract both first-time (even with this high price tag) and12 move4773-up HOLLYWOODbuyers comprised BLVD | LOS ANGELES,largely of CAcouples and a smaller percentage of singles. Buyers are expected to emanate from the local Los Feliz, Hollywood and Los Angeles area. The contemporary architecture fits within the Los Feliz community and play on the location across from Barnsdall Park. All homes are expected to offer a high specification level, which will appeal to this buyer who appreciates and demands high quality finishes. INCENTIVES: None of the communities in the competitive new home market reported utilizing any incentives. However, we do believe that there is some level of negotiation within their published prices. We don’t believe that significant incentives will be necessary, but recommend budgeting an incentive of $5,000 for non-recurring closing costs or options. Los Feliz │ PH / T&T Master One, LLC │ 13 Site Plan & Perspective

13 4773 HOLLYWOOD BLVD | LOS ANGELES, CA LOS FELIZ II

N. Vermont Ave. SITE

Hollywood Blvd. Comparables

14 4773 HOLLYWOOD BLVD | LOS ANGELES, CA Map of Select Sale Comparables of Small Lot Ordinance & Townhouse Homes

4773 Hollywood Blvd

1 5629 W Cielo Way

2 1927 Griffith Park Blvd. SITE 3 1201 N Garbo Lane

1 4 1929 Griffith Park Lane

2 4 5 1925 Griffith Park Blvd. 5 6

3 6 1923 Griffith Park Blvd.

15 4773 HOLLYWOOD BLVD | LOS ANGELES, CA Layout ID:L04 MapId:7617879 Select Sale Comparables of Small Lot Ordinance & Townhouse Homes Select Sale Comparables of Small Lot Ordinance & Townhouse Homes Address Type Price Bed Bath SF $/SF Yr Blt Sold Date Walkscore 4773 Hollywood Blvd SLO TBD 3-4 2-3 2,196 --- 93 1 5629 W Cielo Townhouse $1,150,000 3 4 1,805 $637 2015 12/6/2019 87 2 1927 Griffith Park SLO $1,219,000 3 4 1,964 $621 2019 1/24/2020 77 3 1201 N Garbo SLO $1,285,000 3 4 1,819 $706 2013 9/5/2019 94 4 1929 Griffith Park SLO $1,289,000 3 4 2,033 $634 2019 1/28/2020 79 5 1925 N Griffith Park SLO $1,289,000 3 4 2,033 $634 2019 2/11/2020 79 6 1923 N Griffith Park SLO $1,357,579 3 4 1,964 $691 2019 1/30/2020 79

SLO = Small Lot Ordinance

You are solely responsible for independently verifying the information in this Memorandum. ANY RELIANCE ON IT IS SOLELY AT YOUR OWN RISK.

16 4773 HOLLYWOOD BLVD | LOS ANGELES, CA SOLD SINGLE FAMILY HOMES 4773 HOLLYWOOD BLVD SOLD SINGLE FAMILY HOMES Select Single Family Home Sales, 1,800 to 2,400 SF, within a 1-Mile Radius of Subject Property SoldCriter iovera: Ho m$800es lo cPSF,ated ifromn a 1 -Augustmile radi u1,s 2018from Stoub jSeptemberect Property, 11,,8 202000 - 2,400 sf, Sold from Aug 2018 - Aug 2020 Source:Source: M TheMLS;LS, sorted bSortedy price pbyer s qPriceuare foPerot SF

Property Address Bed Bath SF Sale Price $/SF Lot Sz Built Pool Sale Date MLS 2300 N Edgemont St 3 2 2,092 $4,100,000 $1,960 12,664 1960 Yes 10/23/19 19-497718 1980 Cummings Dr 3 2 2,106 $3,100,000 $1,472 12,897 1958 No 06/10/19 19-461950 1943 Laughlin Park Dr 4 3 2,329 $2,594,500 $1,114 11,162 1922 No 01/03/20 19-508920 2019 De Mille Dr 3 3 2,007 $2,140,000 $1,066 3,468 1925 No 01/15/20 SR19175571CN 4549 Avocado St 3 2 1,807 $1,884,000 $1,043 5,872 1933 No 08/07/20 20-599540 4250 Los Nietos Dr 3 3 1,970 $2,050,000 $1,041 5,647 1933 Yes 11/15/19 19-517542 2009 N Serrano Ave 3 3 2,228 $2,290,207 $1,028 8,220 1926 Yes 09/10/18 18-358582 5031 Ambrose Ave 3 3 2,373 $2,402,500 $1,012 6,501 1923 Yes 10/24/18 18-385490 4139 Tracy St 4 4 2,255 $2,100,000 $931 7,378 1927 No 01/27/20 19-536684 5007 Ambrose Ave 3 2 1,902 $1,710,000 $899 6,501 1923 No 08/27/18 318002788IT 1909 N Berendo St 4 3 2,091 $1,825,000 $873 6,504 1922 No 02/10/20 SB20002857MR 2111 Hollyvista Ave 2 2 2,029 $1,725,000 $850 12,256 1955 No 03/23/19 19-431542 2126 N Commonwealth Ave 3 3 2,180 $1,850,000 $849 6,714 1979 Yes 12/18/18 318004606IT 2054 N New Hampshire Ave 3 2 1,900 $1,570,000 $826 6,500 1923 No 10/18/19 19-505986 4801 Ambrose Ave 3 2 2,300 $1,877,000 $816 7,832 1923 No 10/24/18 18-400110 1937 Myra Ave 3 2 2,050 $1,653,000 $806 4,190 1925 No 02/13/20 20-541010

You are solely responsible for independently verifying the information in this Memorandum. ANY RELIANCE ON IT IS SOLELY AT YOUR OWN RISK.

17 4773 HOLLYWOOD BLVD | LOS ANGELES, CA Select Multifamily Sold Comparables

Select Los Angeles County Land Sales for Proposed Residential Uses, $340 PSF or Higher Select Los Angeles County Land Sales for Proposed Residential Uses Over $340 PSF 10,000 SF or Greater; Sold November 01, 2018 to October 21, 2020 10,000 SF or Greater; Sold November 01, 2018 to October 21, 2020 Source: CoStar; Sorted by Price Per SF Source: CoStar; Sorted by Price Per SF

Address City Zip Code Sale Price Land SF $/Land SF Sale Date Zoning Proposed Use 888 Devon Ave Los Angeles 90024-2578 $16,236,000 14,375 $1,129 02/06/19 R5 Apartment Units - Condo 8457 Blackburn Ave Los Angeles 90048-4190 $6,550,000 6,978 $939 12/23/19 R3 Apartment Units, Condo, MultiFamily 3240 Wilshire Blvd Los Angeles 90010 $30,000,000 34,650 $866 07/22/20 LAR5 MultiFamily 11600 Santa Monica Blvd Los Angeles 90025 $16,000,000 28,358 $564 06/19/19 LAC2 Mixed Use, MultiFamily, Retail 505-511 W 31st St Los Angeles 90007 $11,500,000 20,607 $558 05/10/19 C2-1L MultiFamily 939 S Flower St Los Angeles 90015-1419 $20,500,000 38,300 $535 03/25/20 (Q) R5-4D-SN MultiFamily Amherst Ave & S Bundy Dr Los Angeles 90064-1104 $16,250,000 30,668 $530 02/14/20 RAS4-1VL Apartment Units 1110-1136 Ingraham St (Multi-Property Sale) Los Angeles 90017 $29,842,617 58,043 $514 06/07/19 CW Mixed Use, MultiFamily 4637-4653 Maubert Ave Los Angeles 90027 $9,000,000 22,392 $402 11/14/18 LAR4 Apartment Units, MultiFamily 845 Venice Blvd Venice 90291-4903 $7,325,000 18,300 $400 11/06/18 LAR3 Apartment Units, MultiFamily 4629 Maubert Ave Los Angeles 90027 $4,333,000 10,906 $397 11/14/18 LAR4 Apartment Units, MultiFamily 5050 W Pico Blvd Los Angeles 90019-4128 $7,500,000 19,071 $393 06/04/19 C4-1-O Mixed Use, MultiFamily, Retail 538 Spoleto Dr Pacific Palisades 90272-4516 $6,500,000 16,557 $393 - LARE11 - 495 Hartford Ave Los Angeles 90017 $18,000,000 46,147 $390 06/14/19 R5(CW)U/6 Apartment Units, MultiFamily 130-140 N Fair Oaks Ave Pasadena 91103-3614 $7,689,000 19,994 $385 06/11/20 PSC- Apartment Units 1224-1228 10th St Santa Monica 90401-1917 $5,750,000 14,993 $383 09/21/20 R3, Santa Monica Apartment Units - Condo 1507 Hi Point St Los Angeles 90035-3907 $6,495,000 17,677 $367 05/18/20 (Q)R3-1-0; TOC Tier 3 MultiFamily 11061 Ohio Ave Los Angeles 90025-3433 $4,350,000 12,009 $362 - - - 3500 W 1st St Los Angeles 90004 $17,385,000 50,005 $348 06/05/19 LAC2 and R3-1 -

You are solely responsible for independently verifying the information in this Memorandum. ANY RELIANCE ON IT IS SOLELY AT YOUR OWN RISK.

18 4773 HOLLYWOOD BLVD | LOS ANGELES, CA LOS FELIZ III

N. Vermont Ave. SITE

Hollywood Blvd. Area Overview

19 4773 HOLLYWOOD BLVD | LOS ANGELES, CA Los Feliz The subject property is located at the intersection of Hollywood Blvd. and Berendo St. in Los Feliz, a desirable neighborhood on the east side of Los Angeles. Los Feliz is located at the foothills of the Santa Monica Mountains and home of highly sought after destination attractions including, Griffith Park, Griffith Observatory, The Greek Theatre, and Barnsdall Art Park. Frank Lloyd Wright’s first commissioned project in Los Angeles, Hollyhock House, is located in Barnsdall Art Park. The area is filled with a mix of hip shops, trendy dining, and panoramic hikes. You’ll find most of the shops, bars and restaurants along Hillhurst Avenue, with another batch of walking-friendly retail on Vermont Avenue, south of Franklin Avenue.

Barnsdall Park

The project site is located directly across Hollywood Boulevard, to the north of the Aline Barnsdall Complex, which was designated a National Historic Landmark in 2007 (National Register No. 71000143). There are six contributing buildings to the Aline Barnsdall Complex designed by Frank Lloyd Wright in 1919: the Aline Barnsdall Residence (Hollyhock House), Garage/Chauffer’s Quarters, Animal Cages, Barnsdall Park Arts Center (Residence A), Spring House and Dry Streambed, and Schindler Terrace. Barnsdall Park and the Hollyhock House are listed in the National and California Registers, and designated as Historic-Cultural Monument (HCM) Nos. 34 and 12, respectively, by the City of Los Angeles Source: https://barnsdall.org Hollyhock House In July 2019, eight buildings by Frank Lloyd Wright, including Hollyhock, were approved for inclusion on the UNESCO World Heritage List. The collection of buildings join the 1,092 designated sites currently on the UNESCO World Heritage List, including some of the most recognizable buildings in the world like the Taj Mahal and Sydney Opera House. These structures are recognized for their extraordinary cultural significance and “outstanding universal values.” The Wright site is one of only 24 World Heritage Sites in the U.S and the only listing of modern architecture. While listing does not impose new regulations and restrictions on the properties, it does identify a buzzer zone surrounding the property, which protects the setting of the formal property. ±11,300 Jobs Source: CBRE Research 2020

Hollywood Presbyterian

Children’s LA Hospital

Kaiser Permanente

Barnsdall Art Park

SITE

“Children’s Hospital has approximately 862 medical staff. The best pediatricians in the country are trained at Children’s Hospital Los Angeles; training programs include 527 medical students, 89 full-time residents, three chief residents and 111 fellows.” - chla.org Walk Score 93 “A Walker’s Paradise”

4773 Hollywood Blvd.

22 4773 HOLLYWOOD BLVD | LOS ANGELES, CA Griffith Park

With over 4,310 acres of land, Griffith Park is one of the largest municipal parks with urban wilderness areas in the United States. Located at the eastern end of the Santa Monica Mountains, in the Los Feliz neighborhood. The park is home to numerous popular attractions such as the Griffith Observatory, Los Angeles Zoo & Botanical Gardens, Hollywood sign, The Greek Theatre, Autry Museum of the American West and many more. Many visitors also come to enjoy the outdoors and explore more than 50 miles of hiking and biking trails, horseback riding trails, campgrounds.

Griffith Observatory has Los Angeles Zoo & Botanical Los Angeles Greek Theatre is Autry Museum of the become an iconic attraction Gardens is home to 7,500 home to 7,500 individual , is an American West exhibitions to locals and visitors alike individual plants and over 1,000 internationally known outdoor and programs include the as the most popular public animals representing more amphitheater nestled by the Southwest Museum of the observatory in the world than 250 animal species, 29 of trees of Griffith Park. Its 5,900 American Indian Collection, and national leader in public which are endangered, on its capacity venue has showcased one of the most important astronomy. It offers various 133 acres grounds. Renowned music legends such as Frank collections of Native American free exhibits and programs. primatologist Jane Goodall has Sinatra, Aretha Franklin, and Sir materials in America. The Griffith Observatory sits acclaimed, one of the zoo’s Elton John. It is also a venue Autry focus is to showcase the atop Griffith Park on Mount exhibit, the “Chimpanzees of used in television shows and many cultures of the American Hollywood overlooking Los the Mahale Mountains” as one movies and for community West past connecting it to the Angeles out to the Pacific of the country’s best habitats events such as graduation present and inspire for the Ocean. for chimpanzees. ceremonies. future.

23 4773 HOLLYWOOD BLVD | LOS ANGELES, CA Metro Rail & Busway metro.net Projects Under Construction

Chatsworth Amtrak & Metrolink

Nordhoff 4773 Hollywood Blvd. SAN FERNANDO VALLEY Lake Allen Sierra MadreArcadia VillaMonroviaDuarte/CityIrwindale of HopeAzusa DowntownAPU/CitrusGlendora CollegeSan DimasLa VernePomona Claremont

Roscoe 6 Minutes to Red Line Metro Station 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

Hollywood/Highland South Pasadena

Hollywood/VineLAX FlyAway Highland Park

Hollywood/Western Southwest Museum 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/CivicCtr/ 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 Rail Station TRANSIT PROJECT Slauson Vernon SITE Hyde Park Transfer SOUTH LA Slauson Station BuswayStation

Fairview Heights Manchester Florence Busway Street PACIFIC OCEAN Service UNDER Downtown Inglewood CONSTRUCTION Firestone

Westchester/Veterans 103rd St/ Watts Towers Aviation/Century Willowbrook/ Metro Rail LAX Shuttle G Rosa Parks Aviation/LAXHawthorne/LennoxCrenshawVermont/Athens Harbor FwyAvalon Long Beach LakewoodBl NorwalkBl LAX A Line (Blue) Downtown LA to Long Beach Mariposa Rosecrans Compton B Line (Red) North Hollywood to Union Station Harbor Artesia El Segundo Gateway C Line (Green) Redondo Beach to Norwalk Transit Ctr GATEWAY CITIES Douglas Del Amo D Line (Purple) Wilshire/Western to Union Station Redondo Beach Carson Wardlow E Line (Expo) Downtown LA to Santa Monica Willow St SOUTH BAY L Line (Gold) East Los Angeles to Azusa Pacific Pacific Coast Hwy Coast Hwy Metro Busway Anaheim St G Line (Orange) Pacific 5th St Chatsworth to North Hollywood Av J Line (Silver) San Pedro Downtown 1st St San Pedro to El Monte Long LAX FlyAway Street Service in Downtown LA Beach and San Pedro

Regional Rail

Amtrak amtrak.com Metrolink metrolinktrains.com

Airport Shuttle

LAX FlyAway lawa.org/flyaway LAX Shuttle (free) lawa.org

The Vermont/Sunset Metro Station (Red Line) is located a short six minute walk from 4773 Hollywood Blvd.

The Red Line runs through Downtown Los Angeles and Hollywood. It provides convenient access to other Metro Lines such as the Expo Line heading to Santa Monica.

24 4773 HOLLYWOOD BLVD | LOS ANGELES, CA Hollywood

A larger-than-life symbol of the entertainment business, Hollywood beckons tourists with landmarks like TCL Chinese Theatre and star- studded Walk of Fame. Highlights include Paramount Pictures, historic music venues like the Hollywood Bowl, and Dolby Theatre, home of the Oscars. Scenesters can choose from improv comedy clubs, retro-cool bars and velvet-roped nightclubs. Locals frequent eateries in nearby Thai Town. Nearby world-class entertainment venues include: The Hollywood Bowl, The Pantages Theater, the Hollywood Palladium, El Capitan Theater, the Fonda Theater, Chinese Theater, and Grauman’s Egyptian Theater.

• Close to an abundance of destination hotels, clubs and nightlife including: W Hotel, Loews Hollywood Hotel, The Hollywood Roosevelt, Good Times at Davey Wayne’s, AVALON Hollywood, Sound Nightclub and Lucky Strike Live. • Proximate to the 101 Freeway and linkage to the Greater Los Angeles freeway system. • Close to Los Angeles International Airport and Bob Hope Airport. • Nearby parks include Runyon Canyon Park, Las Palmas Playground, Yucca Park Whitley Heights Historic District, De Longpre Park, Barnsdall Art Park and Griffith Park.

25 4773 HOLLYWOOD BLVD | LOS ANGELES, CA Silver Lake

A short three-mile drive from Downtown Los Angeles along iconic Sunset Boulevard, Silver Lake is well known as a mecca for hipsters, artists, foodies and boutique shoppers, and is often described as the Brooklyn of Los Angeles. Residents of Silver Lake are diverse, with a unique mix of celebrities, creative types, urban professionals and families.

Over the past 20 years, this central LA neighborhood has transitioned from urban grit to sophisticated chic, while retaining an authentic vibe that is diverse and eclectic. Silver Lake was recently voted the Hippest Neighborhood in Los Angeles by Forbes magazine. Adjacent neighborhoods Echo Park, Atwater Village, East Hollywood and Elysian Heights have experienced signification redevelopment, partly due to spillover from Silver Lake. Echo Park

The neighborhood of Echo Park is centered around the lake of the same name. In 2013, Echo Park Lake re-opened to the public following a $45 million renovation. Local residents can enjoy pedal boating among the lotus flowers that bloom on the lake in addition to 16-acres of recreation. Every Friday the SEE-LA Echo Park Farmer’s Market is held at Logan Street and W. Sunset Blvd., just north of the park.

W. Sunset Blvd. in Echo Park is home to a multitude of trendy bars such as Bar Bandini, bar-arcades such as Button Mash, and well-known indie music venues The Echo and Echoplex, which draw crowds of music throughout the week. Restaurant options range from Mexican vegan eatery Sage Vegan Bistro, to Taix French, a family-owned restaurant opened in 1927. Alongside third-wave coffee shops such as Andante Coffee Roasters, there is the newly opened Starbucks Reserve, a high-end, immersive coffee concept.

26 4773 HOLLYWOOD BLVD | LOS ANGELES, CA Demographics Within 1 Mile of the Subject Property Within 3 Miles of the Subject Property

DAYTIME POPULATION POPULATION

2020 Daytime Population 64,415 2020 Population 402,663

Daytime Workers 33,222 2025 Population 420,749

Daytime Resident 31,193

HOUSEHOLDS EDUCATIONAL ATTAINMENT (Population 25 and Over) 2020 Households 168,712 Associate’s, Bachelor’s, Graduate or 51.1% Professional Degree 2025 Households 176,514

2020 Average Household Income $81,445 HOUSEHOLD VALUE 2025 Average Household Income $92,789 Percent of 2020 Owner Occupied Housing Units Valued Over $1 Million 50.7% 2020 Median Value of Owner Occupied Housing Units $1,015,970 PLACES OF WORK 2020 Average Value of Owner Occupied 2020 Businesses 20,826 Housing Units $1,178,674 2020 Employees 168,809 Source: CBRE Research 2020

27 4773 HOLLYWOOD BLVD | LOS ANGELES, CA Nearby Employment Centers

BURBANK GLENDALE

BEVERLY HILLS / CENTURY CITY SITE

PASADENA

University of California, Los Angeles

University of Southern California

HOLLYWOOD DOWNTOWN LOS ANGELES

PACIFIC OCEAN

28 4773 HOLLYWOOD BLVD | LOS ANGELES, CA Employers within 5 Miles HOLLYWOOD 7 min drive* Home of the motion picture, radio and television industry, Paramount, Viacom, Capitol Records, the Academy of Motion Employer Employees Picture Arts and Sciences, and Technicolor are all located in Hollywood. Netflix relocated to Hollywood in 2017 and 1 Nestle USA Inc. 20,000 continues to expand its footprint, claiming 1.5 million SF of space in existing assets or developments underway.

2 Vxi Global Solutions 10,000 GLENDALE 7 min drive* Downtown Glendale has 6.7 million square feet of office space, with some of the largest employers in the region 3 Warner Brothers Studio 8,000 such as Nestle USA headquarters, Whole Foods Western headquarters, DreamWorks Animation SKG, The Walt Disney 4 Kaiser Permaente LA Medical Center 6,061 Company, Citibank, Avery Dennison, LegalZoom.com, Unum Group, HealthNet, Allstate, and United Healthcare.

5 CBS Television City 3,075 DOWNTOWN LOS ANGELES 12 min drive* Downtown Los Angeles has over 30.0 million square feet of office space and nearly 500,000 employees. Downtown is 6 Paramount Pictures Corporation 3,000 home to some of the largest employers in the Greater Los Angeles region, including multinational corporations such as 7 Metro-Los Angeles County Mta 3,000 AEG, AECOM, Ernst & Young and Warner Music Group and companies such as Wedbush Securities, City National Bank and Oaktree Capital Management. Providence St Joseph Medical 8 2,164 Center BEVERLY HILLS/CENTURY CITY 16 min drive* Beverly Hills is one of the most celebrated and in-demand 9 Los Angeles Recreation & Parks 2,000 destinations in the world. With an economy near $20 billion annually, Beverly Hills ranks first among mid-to-large sized 10 Ernst & Young 2,000 cities in the United States for retail sales per capita. Some of Los Angeles’ largest private equity and venture capital firms are located in Beverly Hills. Neighboring Century City is home * Drive times shown without traffic from 4773 Hollywood Blvd. to 20th Century Fox and the Creative Artists Agency.

29 4773 HOLLYWOOD BLVD | LOS ANGELES, CA AFFILIATED BUSINESS DISCLOSURE DISCLAIMER CBRE, Inc. operates within a global family of companies with many This Memorandum contains select information pertaining to the subsidiaries and related entities (each an “Affiliate”) engaging in a Property and the Owner, and does not purport to be all-inclusive or broad range of commercial real estate businesses including, but not contain all or part of the information which prospective investors limited to, brokerage services, property and facilities management, may require to evaluate a purchase of the Property. The information valuation, investment fund management and development. At times contained in this Memorandum has been obtained from sources different Affiliates, including CBRE Global Investors, Inc. or Trammell believed to be reliable, but has not been verified for accuracy, Crow Company, may have or represent clients who have competing completeness, or fitness for any particular purpose. All information interests in the same transaction. For example, Affiliates or their is presented “as is” without representation or warranty of any kind. clients may have or express an interest in the property described in Such information includes estimates based on forward-looking this Memorandum (the “Property”), and may be the successful bidder assumptions relating to the general economy, market conditions, for the Property. Your receipt of this Memorandum constitutes competition and other factors which are subject to uncertainty and your acknowledgement of that possibility and your agreement that may not represent the current or future performance of the Property. neither CBRE, Inc. nor any Affiliate has an obligation to disclose to All references to acreages, square footages, and other measurements you such Affiliates’ interest or involvement in the sale or purchase of are approximations. This Memorandum describes certain documents, the Property. In all instances, however, CBRE, Inc. and its Affiliates will including leases and other materials, in summary form. These act in the best interest of their respective client(s), at arms’ length, summaries may not be complete nor accurate descriptions of the full not in concert, or in a manner detrimental to any third party. CBRE, agreements referenced. Additional information and an opportunity to Inc. and its Affiliates will conduct their respective businesses in a inspect the Property may be made available to qualified prospective manner consistent with the law and all fiduciary duties owed to their purchasers. You are advised to independently verify the accuracy 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 CONFIDENTIALITY AGREEMENT suitability for your needs. ANY RELIANCE ON THE CONTENT OF THIS Your receipt of this Memorandum constitutes your MEMORANDUM IS SOLELY AT YOUR OWN RISK. acknowledgement that (i) it is a confidential Memorandum solely for your limited use and benefit in determining whether you desire to The Owner expressly reserves the right, at its sole discretion, to express further interest in the acquisition of the Property, (ii) you reject any or all expressions of interest or offers to purchase the will hold it in the strictest confidence, (iii) you will not disclose it or Property, and/or to terminate discussions at any time with or without its contents to any third party without the prior written authorization notice to you. All offers, counteroffers, and negotiations shall be of the owner of the Property (“Owner”) or CBRE, Inc., and (iv) you will non-binding and neither CBRE, Inc. nor the Owner shall have any legal not use any part of this Memorandum in any manner detrimental to commitment or obligation except as set forth in a fully executed, the Owner or CBRE, Inc. definitive purchase and sale agreement delivered by the Owner.

If after reviewing this Memorandum, you have no further interest in Copyright Notice purchasing the Property, kindly return it to CBRE, Inc. © 2020 CBRE, Inc. All Rights Reserved. Contacts: Griffith Observatory LAURIE LUSTIG-BOWER Executive Vice President Lic. 00979360 +1 310 550 2556 [email protected] Griffith Park

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

Hollywood Blvd.

LOS FELIZ Hillhurst Ave.

Franklin Ave.

N. Normandie Ave. SITE

N. Mariposa Ave. N. Alexandria Ave. Rodney Dr. N. Kenmore Ave. N. Edgemont Ave.

Hollywood Blvd. N. Berendo St.

N. New Hampshire Ave.

N. Vermont Ave..

Barnsdall Art Park

Rendering

Permit Ready Development Site for 18 Townhome Units OFFER DUE DATE: Utilizing Small Lot Ordinance Friday, December 11, 2020 by 5:00 PM ±0.65 Acres in Los Feliz www.The4773.com