USC Fraternity Row Site for Sale

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USC Fraternity Row ±0.29 Acre Development Site Walking Distance to the University of Southern California (USC) Site For Sale Transit Oriented Community (TOC) Tier 3

DOWNTOWN LOS ANGELES

SITE LATTC/Ortho Institute Metro Station

Hoover St. W. 28th St. S. Figueroa St. USC Fraternity Row Jefferson/USC USC Village Metro Station

W. Jefferson Blvd.

University of Southern California

Exposition Blvd.

Offer Due Date: Friday, February 26, 2021 by 5:00PM www.28thUSC.com LA Memorial Coliseum Vermont Natural History Metro Station California Marina Museum of Los Angeles Science Center Pacific Ocean Del Rey

Banc of California Expo Park/USC Stadium Metro Station

Western EXPOSITION Metro Station PARK University of Southern California USC Village

Jefferson Blvd.

Jefferson/USC Shrine Auditorium & Metro Station Expo Hall

University Ave.

W. 30th St. SITE USC Fraternity Row

CONTACTS W. 28th St. LAURIE LUSTIG-BOWER Executive Vice President +1 310 550 2556 [email protected] Lic. 00979360

S. Figueroa St. KAMRAN PAYDAR First Vice President +1 310 550 2529 [email protected] Lic. 01242590 DOWNTOWN LOS ANGELES

S. Figueroa St.

Mt. Saint Mary’s UNIVERSITY University of PARK Los Angeles SITE

W. Adams Blvd. Kappa USC Alpha Phi Alpha Theta Chi Phi USC Delta Gamma Alpha Chi Pi Beta Tau Kappa Omega Alpha Epsilon USC Gamma Phi Beta Phi Kappa Kappa Gamma Rho Chi Delta Tau Delta Phi Delta Theta Sigma Chi

W. 28th St. USC Fraternity Row

Sigma Nu The Row Lambda Chi House Sigma Alpha Mu Alpha Delta Pi Theta Xi Alpha Zeta Beta Tau

USC Kappa Sigma Delta Delta Delta Phi Kappa Tau Pi Kappa Trojan Villas Alpha Epsilon Pi W. 30th St. Alpha Phi Sigma Kappa FINANCIAL Los Angeles DISTRICT DOWNTOWN Convention Center Staples LOS ANGELES Center LA Live

Mt. Saint Mary’s University of Los Angeles

UNIVERSITY PARK

S. Figueroa St.

W. 27th St. SITE

W. 28th St. USC Fraternity Row WEST BEVERLY HILLS HOLLYWOOD HOLLYWOOD CENTURY CITY

KOREATOWN

University of Southern California

USC Village

Mt. Saint Mary’s Hoover St. USC Fraternity Row University of Los Angeles

W. Adams Blvd. UNIVERSITY PARK

Jefferson Blvd. SITE

Shrine Auditorium & Expo Hall

W. 30th St.

W. 28th St.

W. 32th St. S. Figueroa St. SITE 647 28th St. Los Angeles, CA EXPOSITION PARK

647 W. 28th St., Los Angeles 7 TABLE OF CONTENTS

SITE EXECUTIVE SUMMARY 647 28th St. I PAGE 9 Los Angeles, CA

AREA OVERVIEW II PAGE 15

Offer Due Date Friday, February 26, 2021 by 5:00PM www.28thUSC.com

CONTACTS

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

KAMRAN PAYDAR First Vice President +1 310 550 2529 [email protected]

Lic. 01242590

© 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:7657986 SITE

EXECUTIVE SUMMARY 647 W. 28th St., Los Angeles 9 EXECUTIVE SUMMARY

Offers Due: Friday, February 26, 2021 by 5:00pm www.28thUSC.com

647 W. 28th St., Los Angeles 10 LOCATION HIGHLIGHTS

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2020/21 647 W. 28th St., Los Angeles 11 USC VILLAGE IS LOCATED WITHIN WALKING DISTANCE

USC Village covers 15 acres and comprises of eight residential colleges in six buildings with 663 residential units, a 30,000 square feet. fitness center, a grand plaza and 100,000 square feet of retail. Anchor tenants include Target, specialtygrocer Trader Joe’s, and Bank of America. COWLINGS AND ILLIUM RESIDENTIAL COLLEGES FOOD & BEVERAGE 1420 DULCE 1740 FUTURE TENANT HOOVER STREET 1610 KOBUNGA KOREAN GRILL 1810 ROCK & REILLY’S 1620 THE BAKED BEAR 1820 STARBUCKS 1630 RAMEN KENJO 1835 HONEYBIRD 1640 SUNLIFE ORGANICS 1840 CAVA 1650 GREENLEAF 1845 OCEANA SEAFOOD 1710 WAHLBURGERS 1850 IL GIARDINO 1730 FUTURE TENANT 1870 SAOLA BY HANNAH AN NEMIROVSKY AND 1735 FUTURE TENANT BOHNETT RESIDENTIAL COLLEGES 1430 RETAIL SERVICES 1410 FUTURE TENANT 1750 SOLE BICYCLES 1415 AMAZON HUB LOCKER+ 1815 FRUIT + CANDY 1845 1430 USC CREDIT UNION 1824 FACE HAUS 1660 MAC REPAIR CLINIC 1830 NAIL GARDEN 1670 FEDEX 1860 BANK OF AMERICA 1715 KAITLYN 1865 VILLAGE COBBLER 1720 USC ROSKI EYE INSTITUTE 1930 WORKSHOP SALON +

MC CLINTOCK AVENUE 1725 FUTURE TENANT BOUTIQUE 1745 FUTURE TENANT MARKET & GROCERY 1910 TARGET 1920 TRADER JOE’S

FITNESS & RECREATION 1665 FITNESS CENTER 1940 COREPOWER YOGA JEFFERSON BOULEVARD CALE AND IRANI GREAT LAWN PRIAM RESIDENTIAL COLLEGE RESIDENTIAL COLLEGES

647 W. 28th St., Los Angeles 12 PROPERTY DESCRIPTION 647 W. 28th St. ADDRESS Los Angeles, CA 90007 Downtown APN 5123-015-401 Los Angeles

ZONING RD-1.5-1-0 ±12,831 Square Feet LOT SIZE ±0.29 Acres Up to 3:1 (By Right) FLOOR AREA RATIO Up to 4.35:1 (TOC 3) TRANSIT ORIENTED Tier 3 COMMUNITY 45 Feet (By Right) HEIGHT LIMIT 67 Feet (TOC 3)

ENTITLED No

CITY COUNCIL CD 9 DISTRICT Councilmember Curren D. Price Jr. SITE USC Village

27th St.

University of Figueroa St. Figueroa Southern California

28th St.

647 W. 28th St., Los Angeles 13 NEARBY AMENITIES

SITE

Legend on Next Page

647 W. 28th St., Los Angeles 14

Layout ID:L04 MapId:7766012 Subject Site 28 KFC 56 USC Roski Eye Institute

1 Jacks N Joe 29 Ono Hawaiian BBQ 57 Kaitlyn

2 Poke By Hawaii 30 Jack in the Box 58 FedEx

3 California Sushi & Teriayki 31 Domino’s Pizza 59 Mac Repair Clinic

4 Quin West Noodles 32 Carl’s Jr. 60 USC Credit Union

5 Dirt Dog 33 Office Depot 61 Amazon Hub Locker+

6 Chop Chop Chicken 34 Central Kitchen 62 Dulce

7 Polish + Paint Nail Beauty Spa 35 Seree Coffee Shop 63 Kobunga Korean Grill

8 Imperial Bakery 36 Barbacoa Estilo Toluca 64 Ramen Kenjo

9 Popeyes 37 FedEx Office 65 Sunlife Organics

10 Thai by Trio 38 Bank of America 66 Greenleaf

11 Five Guys 39 The Green Olive 67 Wahlburgers

12 Factory Tea Bar 40 CVS Pharmacy 68 Rock & Reilly’s

13 Northern Cafe 41 Blaze Pizza 69 Starbucks

14 Taco Bell 42 Yogurtland 70 Honeybird

71 15 Starbucks 43 Chase Bank Cava

72 16 901 Bar & Grill 44 AAA Oceana Seafood

73 17 Pasta Roma 45 Target Il Giardino

74 18 La Taquiza 46 Trader Joe’s Saola by Hannah Ahn

19 Pot of Cha 47 Core Power Yoga

20 Viztango Cafe 48 Workshop Salon + Boutique

21 El Huero 49 Village Cobbler

22 Cup o’ Joy 50 Bank of America

23 McDonald’s 51 Nail Garden

24 Panda Express 52 Face Haus

25 Subway 53 Fruit + Candy

26 Momota Ramen House1 54 Sole Bicycles

27 Spudnut Donuts 55 The Baked Bear

647 W. 28th St., Los Angeles 15 AREA OVERVIEW SITE 647 28th St. Los Angeles, CA EXPOSITION PARK

647 W. 28th St., Los Angeles 18 UNIVERSITY OF SOUTHERN CALIFORNIA

OVERVIEW Located in Los Angeles, a global center for arts, technology and international trade, the University of Southern California is one of the world’s leading private research universities. USC is a top destination for international students. In the 2020- 2021 academic year, USC had an enrollment of approximately 19,500 undergraduates including 3,460 freshmen, the largest, most diverse incoming class in USC history, and 26,500 graduate/professional students. The university offers extensive opportunities for internships and study abroad. With a strong tradition of integrating liberal and professional education, USC fosters a vibrant culture of public service and encourages students to cross academic as well as geographic boundaries in their pursuit of education.

USC ACADEMIC UNITS

Letters, Arts and Sciences Gerontology Accounting Law Architecture Medicine Business Music Cinematic Arts Occupational Therapy Communication & Journalism Pharmacy Arts, Technology, Business Physical Therapy Dentistry Public Policy Education Social Work Engineering Theatre Art and Design Professional Studies

647 W. 28th St., Los Angeles 19 USC VILLAGE

USC Village, opened in the summer of 2017, is located within convenient walking distance of the subject property, on Jefferson Boulevard between Hoover Street and McClintock Avenue.

The $700 million project represents the biggest expansion ever of the University Park Campus, covering 15 acres and representing 1.2 million square feet of residential, retail, dining, recreation, and public space.

The addition of 663 residential units were proposed by the University in an effort to relieve the shortfall of residential units in the submarket. Notwithstanding this new supply, the shortfall of residential units in the USC submarket will continue to persist. This supply shortfall combined with continued student enrollment growth at the University are expected to present favorable student housing investment dynamics into the foreseeable future.

647 W. 28th St., Los Angeles 20 USC VILLAGE IS LOCATED WITHIN WALKING DISTANCE

MC CLINTOCK AVENUE 1725 FUTURE TENANT BOUTIQUE 1745 FUTURE TENANT MARKET & GROCERY 1910 TARGET 1920 TRADER JOE’S

FITNESS & RECREATION 1665 FITNESS CENTER 1940 COREPOWER YOGA JEFFERSON BOULEVARD CALE AND IRANI GREAT LAWN PRIAM RESIDENTIAL COLLEGE RESIDENTIAL COLLEGES

647 W. 28th St., Los Angeles 21 SITE

W. 28th St. USC Fraternity Row

Hoover St.

USC Village

University W. Jefferson Blvd. of Southern California PROXIMITY TO TRANSIT metro.net Metro Rail & Busway

Chatsworth Amtrak & Metrolink » Convenient access to the 110, 10 and 101 Nordhoff SAN FERNANDO VALLEY Lake Allen Sierra MadreArcadia VillaMonroviaDuarte/CityIrwindale of HopeAzusa DowntownAPU/Citrus College Freeways with linkages to Greater Los Angeles, Roscoe Memorial Park Southern California and beyond. Sherman Way SAN GABRIEL VALLEY

LAX FlyAway Del Mar Canoga De Soto Pierce CollegeTampa Reseda Balboa Woodley SepulvedaVan NuysWoodmanValley CollegeLaurel Canyon North Hollywood Fillmore » Proximate to Expo Line light rail with access Universal City/Studio City Los Angeles River Warner Ctr South Pasadena Hollywood/Highland from USC to Downtown Los Angeles and Hollywood/VineLAX FlyAway Highland Park Santa Monica. Hollywood/Western Southwest Museum CENTRAL LA Vermont/Sunset Heritage Sq » Two metro stations close by (LATC/ORtho Vermont/Santa Monica Lincoln/Cypress Institute and Jefferson/USC stops.

Vermont/Beverly Chinatown

PURPLE LINE EXTENSION Wilshire/WesternWilshire/Normandie Union Station Wilshire/Vermont Amtrak & Metrolink CivicGrandGrandGrandGrand Ctr/Civic Ctr/ParkParkParkPark Metrolink LAX FlyAway LAC+USC MedicalCal State Ctr LA El Monte Westlake/MacArthur Park

WESTSIDE REGIONAL 7th St/Metro Ctr CONNECTOR Pico Pershing Square LATTC/Ortho Soto Institute LittleArts Tokyo/ Dist Indiana Atlantic DOWNTOWN Pico/Aliso Maravilla

LA 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 MONICA Jefferson/USC Washington

Slauson Vernon

SITE River Angeles Los CRENSHAW/ SOUTH LA Slauson Rail Station LAX LINE Manchester Florence Transfer PACIFIC OCEAN Station BuswayStation

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

Regional Rail

Amtrak amtrak.com Metrolink metrolinktrains.com

Airport Shuttle

LAX FlyAway 647 W. 28th St., Los Angeles lawa.org/flyaway 23 LAX Shuttle (free) lawa.org

The Figueroa Corridor Streetscape Project is three-mile bikeway running from Martin Luther King Jr. Boulevard to 7th Street, with a two-mile protected stretch between USC and the Convention Center. The $20 million project was funded by a Proposition 1C grant from the State of California. Completed in 2018, Figueroa Corridor Streetscape Project brings improved transit and pedestrian access, protected bike lanes, a more organized and SITE efficient Figueroa Street and a safer Figueroa for all users.

647 W. 28th St., Los Angeles 24 POINTS OF INTEREST

POINTS OF INTEREST

1 USC Campus 10 LA Convention Center

2 USC Village 11 Staples Center 3 LA Memorial Coliseum 12 LA Live 18 19 4 Shrine Auditorium 13 Theatre at Ace Hotel 17 5 Galen Center 14 Fig@7th

6 LA84 Foundation Swim The Bloc 16 15 14 Stadium 16 Grand Central Market 15 7 Dedeaux Baseball Field 17 The Broad Museum 12 8 LA Natural History 18 Walt Disney Concert Hall 11 13 Museum 19 Grand Park/Civic Center 10 9 California Science Center 20 Doheny Mansion

DRIVING DISTANCE FROM 647 W. 28TH STREET TO: 20

USC VILLAGE 2 MINS SITE USC CAMPUS 3 MINS 2 6 LOS ANGELES MEMORIAL COLISEUM 4 MINS 4 7 1 SHRINE AUDITORIUM 4 MINS 5 STAPLES CENTER/LA LIVE 7 MINS 8 9 FIG@7TH 9 MINS 3 GRAND CENTRAL MARKET 9 MINS

WALT DISNEY CONCERT HALL 9 MINS

Out of a total USC student population of approximately 46,000, 30% live in USC owned, Patrol and Response Area operated or affiliated property. Off-campus units SITE The USC DPS Patrol and Response include two large complexes adjacent to the Area refers to the community surrounding the University Park Campus where DPS campus, Cardinal Gardens and Century, located patrols and responds to calls for service across Jefferson Boulevard from the campus. 24 hours a day, 365 days a year. These two complexes contain approximately 1,200 units. The next closest units to the campus are in Troy Hall and Troy Hall East, located north of 32nd Street, which contain approximately 715 units. The remaining off-campus units owned by USC are generally located farther away from campus, north of 30th Street and south of Adams Boulevard.

The subject property is located within the Public Safety Patrol Area. This is an area to the north and west of the USC campus in which a safety patrol Legend routinely drives the neighborhood. This area µ University Park Campus commands higher rents than properties that are Patrol and Response Area Sources: Esri, DeLorme, NAVTEQ, USGS, Intermap, iPC, NRCAN, Esri Japan, not located in the Public Safety Patrol Area. METI, Esri China (Hong Kong), Esri (Thailand), TomTom, 2012 Prepared by USC DPS Crime Analysis September 5, 2012 Miles 0 0.1 0.2 0.4 0.6 0.8 LEGEND USC Public Safety Patrol Area

USC Campus

647 W. 28th St., Los Angeles 26 SITE 647 28th St. Los Angeles, CA DOWNTOWN LOS ANGELES

Downtown Los Angeles is bounded by the Los Angeles River to the east, 101 Hollywood Freeway to the north, the 10 Santa Monica Freeway on the south and just west of the 110 Harbor Freeway on the west. Downtown Los Angeles features many of the city’s major arts institutions and sports facilities, a variety of skyscrapers and associated large multinational corporations, and an array of public art, unique shopping opportunities and the hub of the city’s freeway and public transportation networks.

Downtown Los Angeles features one of the largest skylines in the United States, and its development has continued in recent years. The skyline will continue to see rapid growth with a number of high profile Asia-based developers building landmark projects.

The renaissance of Downtown Los Angeles that began in the late 1990’s has attracted over $30.5 billion of investment. With many historic buildings having been converted into lofts, the transformation continues today as numerous retail businesses and restaurants are DTLA DISTRICTS opening, and new mid- and high-rise residential buildings are being built and in the development planning pipeline. Downtown Los Angeles consists of many diverse districts with each area having its own distinct characteristics and amenities for residents Downtown LA’s residential growth has been unprecedented. Since the passage of the Adaptive Reuse » Broadway Theater & Commercial » Flower District Ordinance in 1999 more than 3,600 new housing units District » Jewelry District have been constructed in Downtown Los Angeles and » Bunker Hill » Little Tokyo another 7,400 additional residential units are currently » Central City West » South Park under construction. Of the new units 27,909 are market » Civic Center » Toy District rate rental units and 3,919 are affordable units. With a » Chinatown » Arts District current 85% rental occupancy rate, the long term demand » Fashion District » Sports and Entertainment District for housing is expected to be strong. » Financial District

647 W. 28th St., Los Angeles 28 AMENITIES & ATTRACTIONS

EXPOSITION PARK EXPOSITION PARK Exposition Park is a collection of world-class museums, educational and sport facilities and entertainment venues. It is one of the top five tourist and visitor destinations in Southern California with approximately four million visitors each year. Within the 160-acre campus are the California Science Center, Natural History Musuem, and the African American Museum. Exposition Park will also be home to the planned Lucas Museum of Narrative Art which will house the personal art collection of acclaimed director George Lucas along with a Star Wars exhibit. The $1-billion museum broke ground in March 2018 and is scheduled for completion in 2021.

LA MEMORIAL COLISEUM In addition to serving as home field for the USC Trojans since 1923, Los Angeles Memorial Coliseum was the home of the NFL Los Angeles Rams from 1946 – 1979 and 2016 – 2019 until the completion of the SoFi Stadium at Hollywood Park in 2020. Recently, the USC completed its $315 million renovation project in 2019 in time for its centennial in 2023. This National and California Historic Landmark is the only venue to host two Summer Olympics (Xth Olympiad in 1932 and XXIIIrd Olympiad in 1984), and it will host for its third time the XXXIVth Olympiad for the opening and closing ceremonies and track and field events in 2028.

BANC OF CALIFORNIA STADIUM This $350 million soccer specific stadium is the first open-air stadium built in Los Angeles since the Dodger Stadium in 1962. Completed in 2018, it boasts a 86,000 square feet grass field, a seating capacity of 22,000 and 125,000 square feet of public walkways and a swimming pool. LA MEMORIAL COLISEUM It is the home of the expansion Major League Soccer team, Los Angeles FC (LAFC) and will be the home of the National Women’s Soccer League’s Angel City Football Club starting Spring 2022.

647 W. 28th St., Los Angeles 29 LOCAL AMENITIES & ATTRACTIONS

STAPLES CENTER & L.A. LIVE STAPLES CENTER & LA LIVE

Staples Center is home to the Los Angeles Lakers (basketball), Los Angeles Clippers (basketball), Los Angeles Kings (hockey), and the Los Angeles Sparks (women’s basketball). This world-class arena hosts over 270 events a year and over four million visitors annually. The adjacent LA Live campus boasts the JW Marriott and Ritz Carlton hotel, Microsoft Theater, 18 restaurants, 3 night clubs, the Grammy Museum and a 14-screen Regal Cinema.

THE MUSIC CENTER THE MUSIC CENTER

The Music Center is Los Angeles’ performing arts destination. The campus consists of the Dorothy Chandler Pavilion (LA Opera), Ahmanson Theatre, Mark Taper Forum (Center Theatre Group), and the Frank Gehry-designed Walt Disney Concert Hall (Los Angeles Philharmonic and Los Angeles Mater Chorale). The Music Center also programs and manages Grand Park, a 12- acre greenspace located adjacent to the campus. The Music Center brings the world’s greatest artistic programs and events to Los Angeles, in addition to free community events, festivals, outdoor concerts and arts education.

647 W. 28th St., Los Angeles 30 LOCAL AMENITIES & ATTRACTIONS

THE BROAD THE BROAD

Located adjacent to the Walt Disney Concert hall, The Broad is Los Angeles’ newest art museum. The $140-million museum was financed by philanthropist Eli Broad, after who it is named, and houses the Broad art collection. Admission to the museum’s permanent collection is free. The Broad’s permanent exhibits include works by Cindy Sherman, Jeff Koons, Roy Lichtensteinn and Andy Warhol. The museum was opened in September 2015 and attracted over 700,000 visitors in its first year.

GRAND CENTRAL MARKET GRAND CENTRAL MARKET

Grand Central Market has been in continuous operation since it first opened in 1917. Up to the early 2000’s, the market consisted primarily of grocers, butchers and delicatessens serving local residents. The renaissance of Downtown Los Angeles, and the recent food hall trend sweeping the U.S. has transformed the 30,000-square foot arcade in to a culinary destination. Grand Central Market gained national recognition when it was nominated for Best New Restaurant in 2014 by Bon Appetit Magazine. The market’s 35+ food stalls along with three produce markets reflect the vibrant and diverse culture of Los Angeles.

647 W. 28th St., Los Angeles 31 LOCAL AMENITIES & ATTRACTIONS

FIG AT 7TH

FIGAT7TH

Reopened in late 2012 after a $40 million makeover, FIGat7th is an open-air shopping mall located in the Financial District. Notable tenants include City Target, Nordstrom Rack, Zara, Sunglass Hut, H&M, MAC Cosmetics and Gold’s Gym. The center also features numerous restaurant and eatery options including California Pizza Kitchen, Morton’s Steakhouse, Mendocino Farms, Sprinkles Cupcakes, and Starbucks.

THE BLOC

The Bloc plaza has been transformed into a premium shopping, dining, business, and leisure destination in the heart of downtown. Its tenants include the downtown Macy’s Flagship, Lululemon, Nordstrom Local, UNIQLO and the Sheraton Grand Los Angeles hotel. The plaza is directly connected to the heavily-traveled 7th & Metro subway station.

647 W. 28th St., Los Angeles 32 DOWNTOWN LOS ANGELES TRANSPORTATION

Downtown Los Angeles is the transportation hub of Southern California for bus and rail and subway transit. Multiple modes of

transportation provide convenient access for people to get into, EFFECTIVE MARCH, 2020 DOWNTOW N LO S ANGELES A PARTIR DEL MARZO, 2020 and around Downtown Los Angeles.

Chinese Bernard St Cultural Center LEGE ND/ LEYE NDA tS niaM

The Metro Blue, Red, Purple and Gold and Expo Lines deliver T Gin Ling Way Chinatown Route/Ruta A Gold Line A Little Tokyo, City West Centennial St T Station oa Terrace passengers from outlying communities to the majestic Union Figuer Vignes St College St Route/Ruta B CHINATOWN Spring St Cleveland St New High St Alameda St Alpine St Broadway B Chinatown, Financial District Hill St Station as well as Pershing Square, Civic Center and Staples Yale St Route/Ruta D Sunset Blvd Piper Grand Ave MTA Building Technical D Union Station, South Park Center Ord St B Union Station Center and USC. Commuter trains arrive daily from as far away as Route/Ruta E Ramirez St City West, Fashion District Library E Cesar Chavez Ave Red/Purple/ Patsaouras Gold Line/ Hollywood Fwy Transit Plaza at Olvera St Amtrak/ Union Station & Plaza Metrolink Vignes St Center St San Diego and Santa Barbara dropping off passengers at Union Route/Ruta F Pasadena Fwy El Pueblo Arcadia St Garey St F Historic Park Financial District, Exposition Park, USC Santa Ana Fwy LADOT Federal Commercial St Transit Building DASH Pico Union/Echo Park Cathedral of Aliso St Store City our Lady of DWP Personnel Station. Temple St the Angels Criminal LA Geffen T Contemp. Building DASH Lincoln Heights/Chinatown ywF robraHAhmanson Courts Mall at MOCA Theater TempleLittle St Tokyo/ Arts District Judge John Dept. of Mark Taper DAiso St Water & County CIVIC Gold Line DASH Southeast yrduaeB Ave Forum Power Hall of CENTER City City Japanese Station Music Civic Ctr Hall American 2nd St Center Administration Hall Hewitt St Dorothy Red/Purple East National Hundreds of Metro bus lines converge on the Downtown Center DASH King-East 1st St Chandler County /Line Museum Rose St Pavilion Courthouse Station 1st St Alameda St 3rd St Metro Purple Line Walt LITTLE kcir tSMer Disney 2nd St Caltrans Traction 2nd St Concert TOKYO Ave District. Once in town, many workers and visitors catch the DASH Metro Blue Line Hall tS lliH Library Museum of ARTS Contemporary Japan DISTRICT

Art (MOCA) tS niaM

America ttiweH Metro Red Line S Grand Theater t Hewitt St Molino St tS epoHBUNKER A Central 3rd St LAUSD HILL Market James Little Colyton St buses. Surface routes take passengers to USC and Exposition Japanese Irvine Seaton St Metro Gold Line Headquarters Wells Reagan American Tokyo F Watercourt Garden Plaza Fargo Bradbury State Cultural & La Kretz Museum at Calif. Ofﬁce Community Innovation Lucas Ave Bldg Metro Expo Line 4th St Plaza Bldg Center/Plaza Campus/

tS rewolFcrosswalk Angels 4th St LACI dnG Flight A

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and more. Shuttles and other express ground transport options T g reP lpaMAve e Hospital St. Paul Ave B

rauq Multiple Route stop 6th St City Central nihs Bixel St T National Library 6th St St Julian San

(Parada de Rutas Múltiples) Witmer St Plaza VtS aiaV Visitor Info. FINANCIAL provide easy access from hotels within the Downtown Center nel JEWELRY c Center DISTRICT Point of Interest (Punto de Interés) e Blvd DISTRICT Wilshir T Transfer Point (Punto de Transbordo) T 7th St District to Burbank and Los Angeles International Airports. T 7th St T T T Flower E Market Metro Station and Entrances FIGat7th Macy’s Plaza 8th St 7th St/ 8th St (Estación y Entrada de Metro) Garland Metro Bldg (City Center Ralphs Fresh Ofﬁces) Red/Purple/ Fare Market Tunnel (Túnel) Blue/Expo Fashion Institute Lines of Design & Merchandising (FIDM) 9th St Federal California James M. Wood Blvd Reserve Apparel Bank Mart Olympic Blvd

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The Alley Santee St 11th St LA Live 11th St AT&T Figueroa StFigueroa SOUTH Center PARK City Public Sentous Staples 12th St 12th St Works Center Bldg. EXPOSITION PARK, USC INSET/RECUADRO West Hall Pico Blvd

Los Angeles St 14th St Maple Ave Adams Blvd Los Angeles Pico T Convention Blue/ Expo Automobile and Exhibition Lines Station Club of 28th St Center 14th Pl Southern Hoover St 14th St California Grand Ave California

F Cherry Hospital Grand Ave 15th St 16th St South Hall 30th St Shrine Flower St Venice Blvd Auditorium E and Jefferson/ University Exhibition USC Expo San Pedro 32nd St Friedman Blue Line Village Center Line Station Venice/ 18th St 29th St Center Grand Occupational Santa Monica Fwy Station Center/Central Parking Griffith Ave

Olive St Adult School 30th St Jefferson Blvd Mercado Garage Washington Blvd Stanford Ave Trousdale Pkwy La Paloma 35th St Hope St T

McClintock USC DMV Grand Blue Line 20th St USC Ent. 2 T Watt Way Station Vermont Ave F Expo Park/USCOak St Municipal 21st St Expo Line Station T Adair St Court Maple Ave

Los Angeles St Aerospace Los Main St Museum Bonsallo Ave T 22nd St Park Grove Ave Angeles San Pedro St

Norwood St Trade Broadway Rose Museum Afro- Hill St Garden American Tech Trinity St 36th Pl Expo/Vermont Museum College Expo Line Menlo Cal. Science Figueroa St Station Center/Imax Theater LA 37th Pl Natural ColiseumEXPOSITION Sports City of Los Angeles History PARK Arena Museum Hoover St Exposition Blvd Department of Transportation 23rd St LA SEE EXPOSITION PARK, USC INSET/ Memorial MLK Jr. Blvd Orthopaedic 39th St Coliseum T Mount 23rd St Hospital CONSULTE EL RECUADRO EXPOSITION PARK, USC (213, 310, 323 or/o 818) 808-2273 Expo St.Mary’s T College Line www.ladottransit.com Station Adams Blvd

647 W. 28th St., Los Angeles 33 AFFILIATED BUSINESS DISCLOSURE DISCLAIMER CBRE, Inc. operates within a global family of companies with This Memorandum contains select information pertaining many subsidiaries and related entities (each an “Affiliate”) to the Property and the Owner, and does not purport to be engaging in a broad range of commercial real estate all-inclusive or contain all or part of the information which businesses including, but not limited to, brokerage services, prospective investors may require to evaluate a purchase of the property and facilities management, valuation, investment Property. The information contained in this Memorandum has been fund management and development. At times different obtained from sources believed to be reliable, but has not been Affiliates, including CBRE Global Investors, Inc. verified for accuracy, completeness, or fitness for any particular or Trammell Crow Company, may have or represent clients purpose. All information is presented “as is” without representation who have competing interests in the same transaction. For or warranty of any kind. Such information includes estimates example, Affiliates or their clients may have or express an based on forward-looking assumptions relating to the general interest in the property described in this Memorandum economy, market conditions, competition and other factors which (the “Property”), and may be the successful bidder for the are subject to uncertainty and may not represent the current or Property. Your receipt of this Memorandum constitutes your future performance of the Property. All references to acreages, acknowledgement of that possibility and your agreement square footages, and other measurements are approximations. that neither CBRE, Inc. nor any Affiliate has an obligation to This Memorandum describes certain documents, including leases disclose to you such Affiliates’ interest or involvement in the and other materials, in summary form. These summaries may not sale or purchase of the Property. In all instances, however, be complete nor accurate descriptions of the full agreements CBRE, Inc. and its Affiliates will act in the best interest of referenced. Additional information and an opportunity to inspect their respective client(s), at arms’ length, not in concert, or the Property may be made available to qualified prospective in a manner detrimental to any third party. CBRE, Inc. and its purchasers. You are advised to independently verify the accuracy Affiliates will conduct their respective businesses in a manner and completeness of all summaries and information contained consistent with the law and all fiduciary duties owed to their herein, to consult with independent legal and financial advisors, respective client(s). and carefully investigate the economics of this transaction and Property’s suitability for your needs. ANY RELIANCE ON THE CONFIDENTIALITY AGREEMENT CONTENT OF THIS MEMORANDUM IS SOLELY AT YOUR OWN RISK. Your receipt of this Memorandum constitutes your The Owner expressly reserves the right, at its sole discretion, to acknowledgement that (i) it is a confidential Memorandum reject any or all expressions of interest or offers to purchase the solely for your limited use and benefit in determining Property, and/or to terminate discussions at any time whether you desire to express further interest in the with or without notice to you. All offers, counteroffers, and acquisition of the Property, (ii) you will hold it in the strictest negotiations shall be non-binding and neither CBRE, Inc. nor the confidence, (iii) you will not disclose it or its contents to any Owner shall have any legal commitment or obligation except as set third party without the prior written authorization of the forth in a fully executed, definitive purchase and sale agreement owner of the Property (“Owner”) or CBRE, Inc., and (iv) you delivered by the Owner. will not use any part of this Memorandum in any manner detrimental to the Owner or CBRE, Inc. Copyright Notice If after reviewing this Memorandum, you have no further interest in purchasing the Property, kindly return it to CBRE, © 2020 CBRE, Inc. All Rights Reserved. Inc.

647 W. 28th St., Los Angeles 34 USC Fraternity Row ±0.29 Acre Development Site Walking Distance to the University of Southern California (USC) Site For Sale Transit Oriented Community (TOC) Tier 3

DOWNTOWN LOS ANGELES

SITE LATTC/Ortho Institute Metro Station

Hoover St. W. 28th St. USC Fraternity Row S. Figueroa St. Jefferson/USC USC Village Metro Station

W. Jefferson Blvd.

University of Southern CONTACTS California LAURIE LUSTIG-BOWER Executive Vice President +1 310 550 2556 [email protected] Lic. 00979360

KAMRAN PAYDAR Exposition Blvd. First Vice President +1 310 550 2529 [email protected] Offer Due Date: Friday, February 26, 2021 by 5:00PM Lic. 01242590 www.28thUSC.com