SOUTHERN CALIFORNIA'S PREMIER SALES TEAM

A UNIQUE VALUE-ADD STREET RETAIL OPPORTUNITY IDEALLY LOCATED ON A SIGNALIZED CORNER IN THE

Situated in a GENTRIFYING SUB-MARKET OF EAST HOLLYWOOD IN AN QUALIFIED OPPORTUNITY ZONE OPPORTUNITY ZONE AND A TIER 3 TOC 850 N. Vermont Avenue, Los Angeles, CA 90029 INVESTMENT ADVISORS: BRANDON MICHAELS ANDREW LEFF Senior Managing Director of Investments First Vice President Investments Senior Director, National Retail Group Director, National Retail Group Tel: (818) 212-2794 Tel: (818) 212-2815 Fax: (818) 212-2710 Fax: (818) 212-2710 [email protected] [email protected] License: CA #01434685 License: CA #01865688 TABLE OF CONTENTS www.BrandonMichaelsGroup.com TEAM MEMBERS Sean Brandt Vaughn Brown Ben Brownstein PROPERTY OVERVIEW Nicole Cottrell 01 Matthew Norona Steven Schechter Austin Sreden

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 FINANCIAL ANALYSIS only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or 02 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.

NON-ENDORSEMENT NOTICE COMPARABLES ANALYSIS Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The 03 presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corpora- tion of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, 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. BRANDON AREA OVERVIEW 04 MICHAELS 16830 Ventura Blvd. Suite 100, Encino, CA 91436 GROUP www.marcusmillichap.com SOUTHERN CALIFORNIA'S PREMIER SALES TEAM BEVERLY SUNSET STRIP BEVERLY HILLS GROVE WEST CENTRAL LA HOLLYWOOD

OAKWOOD HOLLYWOOD LOS FELIZ MELROSE

LITTLE HOLLYWOOD FWY SANTA MONICA BLVD BANGLADESH N VERMONT AVE

NORMAL AVE CLINGTON ST EAST HOLLYWOOD N VERMONT AVE

N HOOVER ST SUNSET BLVD SILVER LAKE

Situated in a QUALIFIED OPPORTUNITY ZONE 850 N. Vermont Avenue, Los Angeles, CA 90029

SILVER LAKE BLVD EAST HOLLYWOOD • CA HOLLYWOOD FWY 1 PROPERTY OVERVIEW THAI TOWN N VIRGIL AVE

LITTLE AMENIA

EAST HOLLYWOOD A UNIQUE VALUE-ADD STREET RETAIL OPPORTUNITY IDEALLY LOCATED SANTA MONICA BLVD ON A SIGNALIZED CORNER IN THE GENTRIFYING SUB-MARKET OF EAST

Situated in a HOLLYWOOD IN AN OPPORTUNITY ZONE AND A TIER 3 TOC SANTA MONICA BLVD QUALIFIED OPPORTUNITY ZONE 850 N. Vermont Avenue, Los Angeles, CA 90029

The Brandon Michaels Group of Marcus & Millichap as been selected to exclusively market 850 North Vermont Avenue, ideally located on the northeast corner of North Vermont Avenue and Normal Avenue.

850 N Vermont consists of a 8,588 square foot multi-tenant retail building currently ~65% occupied by tenants on short term or month-to-month leases. This creates an opportunity for an investor to realize immediate upside through making improvements and stabilizing the asset at market rents. The property is situated on 12,632 square-feet of land zoned LAC2 and benefits from Tier 3 TOC incentives. The property is also located within a Qualified Opportunity Zone.

N MADISON AVE 850 North Vermont Avenue is an ideal investment opportunity due to it’s central location and close proximity to some of LA’s most sought after neighborhoods, N VERMONT AVE including Koreatown, Hollywood, Silver Lake, and Echo park. The property benefits from good transit and high walk scores. It is neighboring the Metro’s Vermont/ Santa Monica station and 4 blocks north of the 101-Freeway. It is directly across the street from the entrance to Los Angeles City College. The immediate area is Situated in a QUALIFIED OPPORTUNITY ZONE benefiting from rapid growth and gentrification, as evidenced by multiple new and upcoming developments nearby. 850 N. Vermont Avenue, Los Angeles, CA 90029

8 9 DOWNTOWN LOS ANGELES

CHINA TOWN

McDonald's EAST HOLLYWOOD IS A GENTRIFYING LOS ANGELES COUNTY SUB-

Situated in a MARKET BORDERED BY CELEBRITY-EMBEDDED HOLLYWOOD, SUPER- QUALIFIED OPPORTUNITY ZONE 850 N. Vermont Avenue, Los Angeles, CA 90029 Situated in a CREATIVE SILVER LAKE, AND LA’S BIG-BUSINESS DOWNTOWN QUALIFIED OPPORTUNITY ZONE HOLLYWOOD FWY 850 N. Vermont Avenue, Los Angeles, CA 90029 N VERMONT AVE 850 N. Vermont Avenue is located in East Hollywood, on the border of the burgeoning neighborhood of Silver Lake. The neighborhood embodies originality, independence, and creativity. Here, residents will find mellow vibes and discover local cafes and watering holes. Additionally, East Hollywood is ideally situated in the epicenter of some of the most desirable neighborhoods on the east side of Los Angeles – Los Feliz, Hollywood, Korea Town and the revitalized Downtown Los Angeles. 4100 Melrose is just a few blocks away from hip and trendy Sunset Junction, the retail, dining and entertainment hub at the intersection of Sunset and Santa Monica Boulevards. At Sunset Junction, residents have access to a multitude of hip, eclectic selections for dining, shopping and nightlife.

Due to its ideal central location and walkability, residents enjoy unparalleled access to a wide variety of employment, entertainment and cultural experiences that few other neighborhoods in Los Angeles can match. As part of its recent revitalization, East Hollywood continues to set the bar in terms of being a major employment hub and highly sought after location for a younger, trendier clientele looking for the quintessential urban experience. The area is ripe for continued success in attracting a younger, but more affluent demographic.

850 N. Vermont Avenue enjoys easy access to the major employment hubs of Los Angeles. It is close to the 101 freeway which connects to Downtown and Hollywood. Downtown Los Angeles, Hollywood, and Los Feliz are just moments away. N HELIOTROPE DR N EDGEMONT ST

10 11 DENSELY POPULATED EAST HOLLYWOOD UNIQUE FUNDAMENTALS CREATE A STRONG EAST HOLLYWOOD SIGNALIZED VALUE-ADD OR OWNER-USER OPPORTUNITY SUBMARKET UNDERGOING SIGNIFICANT DEVELOPMENT OPPORTUNITY WITHIN AN CORNER LOCATION EXPANSION OPPORTUNITY ZONE AND A TIER 3 TOC

• NE signalized corner of Vermont Avenue and Normal • Nearly 8,600 square feet of existing retail on M2M leases • Average household income north of $60,544 within a one- • High daily traffic counts north of 44,016 vehicles per day Avenue offering immediate upside or owner-user flexibility mile radius • Walker’s paradise with a walk score of 91 out of 100 • Direct access to the 101 Freeway and close proximity to • 12,854 square-feet of land • Over 1,133,727 people within 5 miles Hollywood, K-Town, Silver Lake, DTLA • Significant growth projections with an average population • 15 parking spaces in the rear of the property • More than 26,683 households within 1 mile of the subject age of 37 • Significant redevelopment in the immediate area property • Excellent visibility and frontage along Vermont Avenue • Tier 3 TOC • Excellent visibility and frontage • Home to a mix of local and national retailers, local eateries, • Units average 1,900 SF which are easily leasable with nightlife/entertainment options • Opportunity Zone • Centralized location within close proximity to transit and minimal costs the interstate 101 Ventura Freeway • Situated directly across the street from the entrance to • Walking distance to Vermont/Santa Monica metro station LACC

12 13 PROPERTY HIGHLIGHTS

Situated in a QUALIFIED OPPORTUNITY ZONE 850 N. Vermont Avenue, Los Angeles, CA 90029

850 N. Vermont Avenue ADDRESS: Los Angeles, CA 90029

PRICE: $4,700,000

BUILDING SF: 8,588 SF

LAND SF: 12,854 SF

PRICE/SF (BUILDING): $547

INTEREST OFFERED: PRICE/SF (LAND): $366 100% fee simple interest in 850 N. Vermont Avenue, a 8,588 SF retail building located on CURRENT CAP RATE: 1.28% 4,963 SF of land in Los Angeles, CA 90069.

PRO FORMA CAP RATE: 4.94% TERMS OF THE SALE: Property is being offered on a free and clear TOC: Tier 3 basis. PROPERTY TOURS: ZONING: LAC2 Prospective purchases are encouraged to visit the site and review all due diligence materials OPPORTUNITY ZONE: Yes prior to submitting offers. Access to an outline due diligence is available portal. All property tours must be coordinated through the listing APN NUMBER: 5539-010-021 team.

14 15 PROPERTY DETAILS

44,016 91 15 TRAFFIC COUNTS ALONG WALK SCORE PARKING SPACES N VERMONT AVE

SITE SQUARE FOOTAGES

The subject property is located on the northeast The total building square footage is 8,588 SF. The corner of N. Vermont Avenue and Normal Avenue. total land square footage is 12,854 SF.

PARKING SPACES WALK SCORE

15 free surface spaces are available. The parking The property has a walk score of 91 out of 100. ratio is 1.75/1,000 SF.

APN NUMBER / ZONING TOC / OPPORTUNITY ZONE The property is located within a Tier 3 TOC in an The APN number is 5539-010-021. The zoning is Opportunity Zone LAC2.

16 17 OPPORTUNITY ZONE

The Opportunity Zone program was created to stimulate California’s 2018 Strategy Tax Benefits of Qualified Opportunity Funds private investment in Opportunity Zone communities • Those who invest realized capital gains into in exchange for capital gain tax incentives. Instead of a Qualified Opportunity Fund can defer paying Goal: Build an equitable and sustainable dedicating taxpayer money to developing thousands pipeline of investment projects capital gains tax for those earnings until April of low-income census tracts across the US, this program Sale of Gain from Prior- 10% Basis 5% Basis Step- Basis Step 2027 for investments held through December Property Sale is Deferred Step-Up on Up on De- -Up to FMV aims to stimulate the investment of the estimated $6.1 trillion of unrealized private gains held Deferred-Gain ferred-Gain of QOF by US households. In exchange for investing in communities within Qualified Opportunity Zones, 31, 2026. Gains must be invested in a Qualified State InterAgency Local Project Catalytic Community investors can access capital gains tax incentives both immediately and over the long term. Opportunity Fund within 180 days in order to OZ Work Group Predevelopment Foundation Partnerships and and Web Portal Activity Support Roundtables 180 Days Prior QOF QOF QOF qualify for any tax treatment available under the Prior to QOF Investment Investment Investment Investment Unlike existing programs designed to encourage private investment in low-income areas through Opportunity Fund program. Investment Gain Reinvest- +5 Years +7 Years 10+ Years tax advantages, the Opportunity Zone program is less restrictive, less costly, and less reliant upon ed into QOF government agencies to function. Existing programs, such as the New Markets Tax Credit (NMTC) Program and Low Income Housing Tax Credit (LIHTC) Program, are more limited in supply and subject to annual Congressional approval and/or tax credit allocation authority. Because the tax credit system limits the number of credits issued each year, it inherently limits the number of • Those who hold their Opportunity Fund Project Preparation, Planning, Public Engagement investors who can participate, and therefore the amount of money that can be invested into investments for at least five years prior to the development of a community under the program. December 31, 2026, can reduce their liability No Capital Gains When Opportunity Funds are The designation of Opportunity Zones is designed to help spur the development of identified on the deferred capital gain principal invested in OZ Project Pipeline: Key Anchors Held for at Least 10 Years communities. In exchange for investing in Opportunity Zones, investors can access capital gains the Opportunity Fund by 10%. If the investment tax incentives available exclusively through the Opportunity Zone program. To access these tax is held for a minimum of seven years prior to Community Existing State and benefits, investors must invest in Opportunity Zones specifically through Opportunity Funds. December 31, 2026, the tax liability can be Local Economic Anchors: Ed’s and Local Project and Med’s, Schools, Opportunity Funds can only invest in the construction of new buildings and the substantial Ecosystems and reduced by 15% total. Planning Invest- Utilities, Work- YEAR 5 APRIL 15, Strategies 2024 2027 improvement of existing unused buildings. If an Opportunity Fund invests in the improvement of ments force, Entrepre- an existing building, it must invest more in the improvement of the building than it paid to buy the neurs, etc. Tax on original Pay taxes on capital gain is original deferred building. Whether the building is constructed from the ground up or improved, the development reduced by 10% capital gains of the building must be completed within 30 months of purchase. (minus 15% reduction) • Those who hold their Opportunity Fund In exchange for following the rules of the Opportunity Zone program and investing in Qualified California’s OZ Pipeline State “Dealbook” Opportunity Zones through Qualified Opportunity Funds, investors can receive substantial capital investment for at least 10 years can expect to gain tax incentives immediately and over the long term. pay no capital gains taxes on any appreciation 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 in their Opportunity Fund investment. That’s When an investor divests an appreciated asset, such as stocks or real estate, they realize a because Opportunity Fund gains earned from capital gain, which is a taxable event. Under the Opportunity Zone Program, if an investor Opportunity Zone investments can qualify for reinvests a qualifying capital gain into an Opportunity Fund, they can defer and reduce their YEAR 1 YEAR 7 YEAR 10 permanent exclusion from the capital gains tax if 2019 2026 2029 tax liability on that gain. Beyond that, they can also potentially receive tax-free treatment for all OP Zone OP Zone OP Zone Rollover gain into Tax on original capital All capital gains taxes future appreciation earned through the fund. Together, these tax incentives can boost after-tax the investment if held for at least 10 years. gain is reduced by are now eliminated on Funds Funds Funds Opportunity Fund ( defer tax on gain) anothe 5% potential points from returns for Opportunity Fund investors. (15% total reduction) Opportunity Fund

18 19 2 FINANCIAL ANALYSIS FINANCIAL ANALYSIS

RENT ROLL PRICING

PRO FORMA PRO FORMA ADDRESS TENANT SF SF % LEASE EXPIRATION INCREASES OPTIONS RENT RENT/SF RENT RENT/SF

850 Vacant 2,938 37% $6,637.50 $2.25 850 N. Vermont Avenue ADDRESS: Los Angeles, CA 90029 852 Billiards 1,350 17% 6/30/2020 Next $5,575 1-1 Year $5,450.00 $1.85 $6,637.50 $2.25 PRICE: $4,700,000 854 Hana Kitchen 2,250 28% 11/30/2021 3% 2-5 Year $2,875.00 $2.13 $3,037.50 $2.25

856 Tattoo 700 9% $3,100.00 $2.30 $3,037.50 $2.25 BUILDING SF: 8,588 TOTAL 7,938 100% - - - $11,425.00 $1.33 $19,350.00 $2.25 PRICE/SF: $547

OPERATING DATA LAND SF: 12,854

INCOME AND EXPENSE CURRENT PRO FORMA EXPENSE BREAKDOWN PER YEAR PER SF PRICE/SF (LAND): $366 Scheduled Lease Income $137,100 $232,200 Taxes @1.25% $58,750 $6.84 CURRENT CAP RATE: 1.28% NNN Charges $76,785 Insurance $5,153 $0.60

Effective Gross Income $137,100 $308,985 Utilities $4,723 $0.55 PRO FORMA CAP RATE: 4.94%

Expenses $76,785 $76,785 Repairs & Maintenance $4,294 $0.50

Net Operating Income $60,315 $232,200 Trash $1,718 $0.20

Reserves $2,147 $0.25

Net Operating Income $76,785 $8.94/$0.75

22 23 3 COMPARABLES ANALYSIS SALES COMPARABLES

BUILDING PRICE/SF PRICE/SF ADDRESS PRICE LAND SF ZONING SALES DATE SF (BLDG) (LAND) 850 N. Vermont Ave

4015-4029 Beverly Blvd 1 4015-4029 Beverly Blvd 1 $2,450,000 6,043 $405.43 6,499 $376.98 LAC2 06/24/2019 Los Angeles, CA 90004 2 4906, 4910, 4918-4926 Santa 2 Monica Blvd

4906, 4910, 4918-4926 3 611-615 N Virgil Ave C2, Los 6 2 Santa Monica Blvd $6,400,000 10,872 $588.47 18,722 $341.84 09/27/2019 4 Angeles 7 5 4 700 N Virgil Ave Los Angeles, CA 90029 3 5 632 N Western Ave

6 737-747 N Western Ave 611-615 N Virgil Ave 1 3 $4,125,000 6,505 $634.13 13,835 $298.16 C2* 08/05/2019 Los Angeles, CA 90004 7 641 N Western Ave

C2-2, 700 N Virgil Ave SALES COMPARABLES - RETAIL | PRICE/SF (BUILDING) 4 $5,250,000 5,676 $924.95 16,868 $308.28 Los 06/28/2019 Los Angeles, CA 90029 Angeles

632 N Western Ave 5 $4,200,000 7,926 $529.90 8,712 $482.09 LAC2 06/19/2019 $582 Los Angeles, CA 90004 AVG PRICE/SF (BUILDING)

737-747 N Western Ave 6 $6,000,000 12,910 $464.76 20,804 $288.41 C4 12/17/2019 Los Angeles, CA 90029 $346 641 N Western Ave AVG PRICE/SF(LAND) 7 $4,000,000 7,552 $529.66 12,197 $327.95 C2 11/19/2019 Los Angeles, CA 96064

AVERAGE $4,632,143 8,212 $582.47 13,948 $346.24 - -

26 27 RENT COMPARABLES

ADDRESS RENTABLE SF SF LEASED RENT/SF/YR RENT/SF/MON LEASE START LEASE TYPE

850 N. Vermont Ave 5118-5128 Santa Monica Blvd 1 10,000 1,320 $34.20 $2.85 Jan 2020 MG 7 Los Angeles, CA 90029 1 5118-5128 Santa Monica Blvd

2 1131 N Vermont Ave 1131 N Vermont Ave 2 2 5,882 950 $25.20 $2.10 Dec 2019 MG 1 4 Los Angeles, CA 90029 3 663-677 N Berendo St 9 4 4906 E Santa Monica Blvd 663-677 N Berendo St 3 13,616 2,237 $24.00 $2.00 Dec 2019 NNN 5 4703-4709 Melrose Ave Los Angeles, CA 90004 6 5 3 6 4800-4814 Melrose Ave

4906 E Santa Monica Blvd 7 4531 Fountain Ave 4 3,152 3,152 $33.00 $2.75 Nov 2019 NNN Los Angeles, CA 90029 8 8 4122-4136 Beverly Blvd

9 900-904 N Virgil Ave 4703-4709 Melrose Ave 5 4,018 800 $31.56 $2.63 Oct 2019 NNN Los Angeles, CA 90029 RENT COMPARABLES | RENT/SF/MONTH

4800-4814 Melrose Ave 6 6,577 546 $36.00 $3.00 Oct 2019 NNN Los Angeles, CA 90029 $2.74 AVG RENT/SF/MON 4531 Fountain Ave 7 1,856 1,856 $38.76 $3.23 Jul 2019 NNN Los Angeles, CA 90029

4122-4136 Beverly Blvd 8 4,782 700 $25.68 $2.14 Jul 2019 NNN Los Angeles, CA 90004 $32.87 AVG RENT/SF/YR 900-904 N Virgil Ave 9 5,554 1,895 $47.40 $3.95 May 2019 MG Los Angeles, CA 90029

AVERAGE 6,160 1,495 $32.87 $2.74 - -

28 29 4 AREA OVERVIEW AREA OVERVIEW AREA OVERVIEW METRO RED LINE EAST HOLLYWOOD 850 N. Vermont Avenue is walking distance to the Vermont/Santa Monica station.

East Hollywood is bordered by Celebrity-embedded Hollywood, super- HOLLYWOOD: 2MILES The Red Line is a heavy rail subway line running between Downtown Los Angeles creative Silver Lake, and LA’s big-business Downtown. via the districts of Hollywood and Mid-Wilshire to North Hollywood within Los Angeles where it connects with the Orange Line (bus rapid transit) service for Just east of Hollywood and just west of supremely hip Silver Lake, East stations to the Warner Center in Woodland Hills and Chatsworth. Hollywood hails from somewhere between LA’s bastion of embedded stars and its outpost for artistic savants. Unpretentious and fastidiously unkempt, East Hollywood boasts neighborhood dive bars, streetside SILVER LAKE: 1.9 MILES churro stands, and community fairs where sidewalk musicians make all the noise they want. East Hollywood is defined by its diversity—Thai town, Little Armenia, and a strong Hispanic community compose this neighborhood’s distinctive culture.

East Hollywood contains arguably one of the loveliest outdoor spaces

in Los Angeles, Barnsdall Art Park. Commissioned by the wealthy and KOREATOWN: 2.7MILES eccentric heiress Alice Barnsdall, the hilltop space has a gorgeous view of downtown and has an arts center, gallery and theater, as well as the Hollyhock House, designed by Frank Lloyd Wright.

NOTABLE PLACES • Barnsdall Art Park • Kaiser Permanente Los Angeles

• Hollyhock House Medical Center DTLA: 4MILES • Vista Theatre • Hollywood Presbyterian Medical • The Braille Institute Center • West Coast headquarters • Children’s Hospital Los Angeles. • Los Angeles City College • Self-Realization Fellowship

32 33 Los Angeles City College (LACC) is a public community college in East Hollywood, Los Angeles. A part of the Los Angeles Community College District, it is located on Vermont Avenue south of Santa Monica Boulevard on the former campus of the University of California, Los Angeles (UCLA). From 1947 to 1955, the college shared its campus with California State University, Los Angeles (Cal State LA) then known as Los Angeles State College of Applied Arts and Sciences, (LASCAAS) before the University moved to its present campus of 175 acres in the northeastern section of the City of Los Angeles, 5 miles (8 km) east of the Civic Center. The college facilities include more than a dozen multistory classroom buildings including a library, computer labs, fitness centers, theatre, and TV/film studios. AREA OVERVIEW

1.1 MILES FROM SUBJECT PROPERTY 1.5 MILES FROM SUBJECT PROPERTY 2.4 MILES FROM SUBJECT PROPERTY

SUNSET JUNCTION BARNSDALL ART PARK SILVER LAKE RESERVOIR Most of the best things to do in Silver Lake The park contains a 299-seat proscenium Away from the cafes and boutiques are situated along Sunset Boulevard, with space rented at nominal fees to individuals of Sunset Boulevard, though, the twin Sunset Junction being the closest thing the and organizations for live theatre, dance, reservoirs that give the community its neighborhood has to a walkable center. music, spoken word, lectures, films, and name are a great place to take a stroll, walk the dog, do some bird-watching or have a other events. picnic.

34 35 DEMOGRAPHICS

1 MILE 3 MILES 5 MILES 1,133,727 2019 Population 74,954 548,384 1,133,727 Total Population within a 5-mile radius of 850 N. Vermont Avenue. Median Age: 37 2019 Households 26,683 215,643 443,898 2019 Average Household Size 2.60 2.40 2.40 1,133,727 63,339 51% 49% Population Businesses EDUCATION 2019 Median Household Income $41,178 $42,405 $45,890 MALE FEMALE within 5-m radius within 5-m radius

2019 Average Household Income $60,544 $66,649 $72,583

2019 Owner Occupied Housing 3,046 31,369 81,340 Units

2019 Renter Occupied Housing 23,638 184,274 362,559 Units $72,583 $45,890 52% 23% 19% 6% <$25,000 8,133 67,373 136,233 Average HH income Median HH income High School or Less High School Graduate Bachelor’s or Associate Graduate Graduate Degree $25,000 - $50,000 7,57 7 54,884 99,433 within 5-m radius within 5-m radius

$50,000 - $75,000 4,286 32,837 65,555

$75,000 - $100,000 2,675 20,647 44,241

$100,000 - $125,000 1,541 12,952 29,632

$125,000 - $150,000 646 6,913 17,525

$150,000 - $200,000 815 7,90 4 21,225 81,340 362,559 Owner Occupied Households Renter Occupied Households $200,000+ 1,010 12,132 30,053 within 5-m radius within 5-m radius

36 37 SOUTHERN CALIFORNIA'S PREMIER SALES TEAM

BRANDON MICHAELS ANDREW LEFF Senior Managing Director of Investments First Vice President Investments Senior Director, National Retail Group Director, National Retail Group Tel: (818) 212-2794 Tel: (818) 212-2815 Fax: (818) 212-2710 Fax: (818) 212-2710 850 N. Vermont Avenue [email protected] [email protected] Los Angeles, CA 90029 License: CA #01434685 License: CA #01865688 www.BrandonMichaelsGroup.com www.BrandonMichaelsGroup.com