Excellent Hollywood Location 8,478 SF of Land Zoned LAR3

SOUTHERN CALIFORNIA'S PREMIER SALES TEAM Situated in a QUALIFIED OPPORTUNITY ZONE 8,478 SF of Land Located in a Tier 2 TOC Excellent Hollywood Zoned LAR3 within an Opportunity Zone Location INVESTMENT ADVISORS BRANDON MICHAELS Senior Managing Director of Investments Senior Director, National Retail Group Tel: (818) 212-2794 Fax: (818) 212-2710 [email protected] License: CA #01434685 www.BrandonMichaelsGroup.com TEAM MEMBERS Sean Brandt Ben Brownstein Nicole Cottrell Andrew Leff Matthew Norona Lauren Sackler 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 re- ceiving 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 only a preliminary level of interest in the subject property. The information contained herein is not a substitute for aw thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or 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 contaminat- ing 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 be- lieve 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 Mar- cus & Millichap. All rights reserved. NON-ENDORSEMENT NOTICE TABLE OF CONTENTS Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the pur- pose 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 DE- TAILS. SPECIAL COVID-19 NOTICE All potential buyers are strongly advised to take advantage of their opportunities and obligations to conduct thorough due diligence and seek expert opinions as they may deem necessary, especially given the unpredictable changes resulting from the continuing COVID-19 pandemic. Marcus & Millichap has not been retained to perform, and cannot conduct, 1 2 3 due diligence on behalf of any prospective purchaser. Marcus & Millichap’s principal expertise is in marketing investment properties and acting as intermediaries between buyers and sellers. Marcus & Millichap and its PROPERTY OVERVIEW FINANCIAL ANALYSIS AREA OVERVIEW investment professionals cannot and will not act as lawyers, accountants, contractors, or engineers. All potential buyers are admonished and advised to engage other professionals on legal issues, tax, regulatory, financial, and accounting matters, and for questions involving the property’s physical condition or financial outlook. Projections and pro forma financial statements are not guarantees and, given the potential volatility created by COVID-19, all potential buyers should be comfortable with and rely solely on their own projections, analyses, and decision-making.) 2 3 PROPERTY OVERVIEW HOLLYWOOD WESTERN AVE Excellent Hollywood location consisting of 4 multi-family units and a single family residence situated on 8,478 square feet BERNSTEIN HIGH SCHOOL of land ideally located within an Opportunity Zone and a Tier 2 TOC creating a unique opportunity for a developer looking to building in a prime Hollywood location, a value-add investor, or an Owner-User Buyer The Brandon Michaels Group of Marcus & Millichap has been selected to exclusively represent for sale 1315-1317 N Kingsley Avenue, one 1,410 SUNSET BLVD square foot single family residence and one 1,820 square foot property comprised of 4 single rental units located on 8,478 square feet of land. The property is located on Kingsley Drive between Fountain Avenue and De Longpre Avenue, less than two miles from the famous Hollywood Walk of Fame. Situated in a QUALIFIED OPPORTUNITY ZONE The single family residence at 1317 N Kingsley Drive is comprised of 3 bedrooms and 2 bathrooms. Behind the house is storage space, as well as two garage spaces. There are four rental units at 1315 N Kingsley Drive, all units are studio layouts. The property is within walking distance to several national retailers including 99 Cents Only Stores, El Pollo Loco, Burger King, Panda Express, AutoZone, and GameStop. The property is also a short distance from the Dolby Theatre, El Capitan Theatre, Hollywood Walk of Fame, and Capitol Records Building. The property offers benefits to owner-users, developers, and investors. The single family residence at the front of the property is currently occupied by the owner, but will be vacated upon sale, allowing a potential owner-user to occupy the house, and lease out the rental units. From a development perspective, the property is located within a designated opportunity zone, and future developments may be eligible for applicable tax incentives. The property is also zoned Tier 2 TOC, and may be eligible for density bonuses. For an investor, the property is approximately 57% vacant (including the single family residence, which will be vacated upon sale), allowing the opportunity for an investor to stabilize the property for immediate upside. 1315-1317 N Kingsley Avenue is well located within the bounds of one of the most attractive tourist-destination cities in the state. The subject property is ideally located less than 2 miles from the Hollywood Walk of Fame, which attracts an estimated ten million visitors each year. The property is also located only a few miles from the Hollywood Sign, which also attracts an estimated ten million visitors each year. FOUNTAIN AVE 8,478 SF 3,320 SF 57% LAR3 YES LAND SF BUILDING SF CURRENT VACANCY ZONING OPPORTUNITY ZONE N KINGSLEY DR 6 7 INVESTMENT HIGHLIGHTS KOREATOWN DOWNTOWN Fantastic Hollywood Location LOS ANGELES • Ideally located within 2 miles of some of the most popular tourist destinations in the state • Located proximate to a number of significant developments, including Amoeba Tower EAST and Crossroads of the World LOS ANGELES CITY COLLEGE HOLLYWOOD Excellent Opportunity for a Developer, Investor, or Owner-User • The property is located within an Opportunity Zone and is classified as TOC Tier 2, both of which may offer benefits for future development • Immediate upside available through stabilization • The single family residence will be vacant, allowing an owner-user to occupy the Situated in a QUALIFIED OPPORTUNITY ZONE property and earn additional income from the studio units N NORMANDIE AVE Strong Demographics and Population Density N KINGSLEY DR • Over 81,000 people within one mile and over 1,095,000 people within 5 miles of the subject property • Over 443,000 households located within 5 miles of the property • Median household income of $41,133 within one mile and over $52,668 within 3 miles FOUNTAIN AVE of the subject property N HARVARD BLVD Sub-Market Saturated with Developments, Retail Amenities & Tourist Attractions • Close proximity to Crossroads of the World, the Amoeba Tower, and Academy on Vine N KINGSLEY DR • Located near Tender Greens, Chipotle Mexican Grill, Sweetgreen, Trader Joe’s, and Starbucks • Proximate to the Griffith Observatory and Hollywood Sign, El Capitan Theater, Hollywood Walk of Fame, Universal Studios, and Capitol Records Building 8 9 BARNSDALL ART PARK SUNSET BLVD Best known for it’s association with the U.S. Film Industry, Hollywood is positioned as a premier tourist destination, bringing in an estimated ten million tourists each year 1315-1317 N Kingsley Avenue is located within Hollywood, a premier tourist destination best known for it’s association with the U.S. Film Industry. Paramount Pictures, DE LONGPRE AVE Warner Brothers, and Universal Pictures were all founded in Hollywood, and today, Hollywood remains home to Paramount Pictures Studios. Situated in a QUALIFIED OPPORTUNITY ZONE Hollywood is home to several world renowned-tourist attractions, such as the Hollywood Walk of Fame, Universal Studios Hollywood, Hollywood Boulevard, the FOUNTAIN AVE FOUNTAIN Griffith Observatory and the Hollywood Sign. These attractions bring an estimated ten million tourists to the city each year. According to the Mapping L.A. project of

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