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 • • • • • • • • • • • • • • 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 © 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: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.