1421-1427 W SUNSET BLVD ECHO PARK , CA

ECHO PARK RETAIL INVESTMENT OPPORTUNITY Lorena Tomb Ty Del Re Principal Senior Associate OR POTENTIAL DEVELOPMENT SITE T: 213.277.7247 ext. 1 T: 213.277.7247 ext. 3 1 [email protected] [email protected] License #: 01894475 License #: 01947880 www.urbanlimeRE.com 1421-1427 1421-1427 W SUNSET BLVD W SUNSET BLVD LOS ANGELES, CA LOS ANGELES, CA

OFFERING: Echo Park Retail Investment or Development Opportunity URBANLIME Real Estate is pleased to present the outstanding opportunity to pur-chase the fee simple interest at 1421 – 1427 W . Located within walking distance to Dodgers Stadium the property consists of a vacant 5,055 square foot building on 13,253 square feet of land with approximately 127 feet of prime street frontage on Sunset Blvd in Echo Park. The property was previously used as retail and is zoned LAC2 which allows for a wide array of Table of Contents commercial uses. The zoning also allows for multi-family and mixed-use de- velopment in one of Los Angeles’s most desirable urban neighborhoods. Offering 3 Property Summary 3 Location 4 PROPERTY SUMMARY Area Highlights 4 Retail Opportunity 6 Address: 1421 -1427 West Sunset Boulevard, Financial Analysis 6 Los Angeles, CA 90026 Amenities Map 7 APN: 5406-010-041 Development Potential 8 Occupancy: 100% Vacant Development Map 9 Gross Building Area: 5,055 SF Features 9 Site Area: 13,253 SF Floorplan 9 Year Built: 1927 Frontage: 127FT Zoned: C2-1VL

2 3 1421-1427 W SUNSET BLVD LOS ANGELES, CA

ECHO PARK

LOCATION: • Set on the corner of Sunset & Quintero the property is located in the heart of Echo Park with high visibility, heavy trafic, strong retail and a local community consisting of a dense collection of single & multi-fam- ily homes. With easy access to freeways and surrounded by Silver Lake, Atwater Village, Chinatown & Downtown LA, it’s no wonder why this hip and trendy neighborhood is experiencing an inlow of new retail, mixed-use & multi-family developments.

AREA HIGHLIGHTS • Located in the center of the vibrant Echo Park Neighborhood on Sunset Blvd • Easy access to 101, 110, 5 and 1 freeways • Rapidly growing area with exciting retail, restaurants and developments, including: Ostrich Farm, Guisados, Trencher, Woodcat Coffee, Cosa Buona’s, Mohawk Bend, Mohawk Collective, Brick Works Echo Park, The Elysian Apartments, MWD redevelopment. • Neighborhood attractions include: Recently renovated Echo Park Lake, Grifith Observa tory & Dodgers Stadium

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a 7 Sa C rk o Allesandro Street t A r a cademy Road t lace g n R AMENITIES MAP e P Scott Avenue 6 an loo Street Restaurants/ Coffee lysi Elysian Park Sargent P N E or Academy Water treet Logan Stree Echo Park Avenue 1. Mohawk Bend Montana th Boy RETAIL INVESTMENT OPPORTUNITY Liberty Street d 2. Cosa Buona Street lst ar Lemoyne Street on 3. Eight Fold Coffee

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o • Vacant Retail Opportunity with tremendous street frontage in highly 7 et 5. Guisados 11 McDuff Street R L ec ay ath 5 n 6. Woodcat Coffee Bar desirable retail area in Echo Park 6 Laveta Terrace r io 2 e a t 7. Blue Bottle Coffee eet 8 8 - 5,055 sf of building on large lot Merwin Street 8. Sage Vegan Bistro 1 9 Portia Street Kent Montros 9. Ostrich Farm Bonnie Brae StreStreet 6 - Billboard with existing revenue treet e S W SUNSET BOULEVARD 10. Valerie treet treet Pa 2 Sutherland Street ace rk A 11. Masa enue ve 5 • Convenient on-site parking with ability to add rear parking in back lot. nue ce Santa Yne 1 QUINTERO STREET Coronado Street aterloo Bar / Club z Stree Scot ona venue • Retail repositioning opportunity with well curated tenant mix r emont t Aven 1. Gold Room os t u Co Allison Avenue e R Kent Street Laveta Terra Lilac Terra 2. Little Joy Cocktails •Possibility of demising retail space for multiple smaller tenants Street 1 Laguna Avenue ce 2 3. El Prado Echo Park A 4 • Area rents: $4.50 to $7.00 psf NNN depending on size and use. 4. Button Mash Clinton Echo 5. Short Stop • Phenomenal location near Dodgers Stadium, Silver Lake, Chinatown and W Sunset Blvd Street Park Ridge Way 6. Bar Bandini cout 7. 1642 Lake Vin Scully Avenue Downtown Los Angeles. Belle vue glas Street 3 Venues / Theater / Avenue Stadium Way Dou Events / Landmarks Quintero Street Laveta Terrace West Kensington Road W allace Avenue 3 Innes Avenue 1. Echo Park Lake

geware Road Kellam Avenue Lilac Terrace 2. Dodgers Stadium FINANCIAL ANALYSIS – PRO FORMA d 4 E 6 3. The Echo & Echoplex - 4. Machine Project West 5 Annualized Operating Data Carroll A 5 d 5. Carroll Avenue in Angelino enue a venue Heights (Victorian Homes) INCOME PRO FORMA ($72 PSF NNN) PRO FORMA ($60 PSF NNN) enue enue Calumet Avenue 6. Elysian Park enue are Ro w F osemo Hollywood Freeway igue Potential Rent (NNN basis) $363,960 $303,300 reet treet Bellevue Avenue roa T Shopping errace Marview Avenue Temple Street ast Edge 1. Sunset Beer Less Vacancy (3%) $10,918 $30,330 estlak 7 E ion Avenue Mountain V Mar Everett St 2. Myrtle on Avenue Street Billboard Revenue (actual) $9,600 $9,600 Cortez Street White Knoll Drive 3. Esqueleto ue Bo 4. Ali Golden North Bonnie Brae Street Dawson s Street Belmont Ave to Effective Net Income $362,642 $282,572 n Street 5. Permanent Record

North Burlingt Street nion Aven Welcom 4 North Beaudry Avenue 6. The Ampal Creative Dawson Laveta Terrace 7. Hot Cactus entennial >> With additional rental upside on patio and parking revenue. C North U 8. Echo Park Time Travel Mart

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Street Street on Street Sou Rockwood Street West Court Street Patt t Market / Grocery ay eew Fr 1. Cookbook Los Angeles sit an East Edgeware Road Tr 2. Whole Food Market 365 d an Rockwood Street Colto y 3.Lassens Firmin Street a n Street North Bixel Stree ew re F Dawson Street r veland Street o rb 6 t a Cle 7 7 Beaudry Avenue H

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venue A sian ce cad ce Lemoyne Street Ely COVO McCollum em ore A Lucretia Avenue e y (20 SMALL LOT HOMES)onado Stre 11 UNIT APARTMENT Lucretia Avenue RoRo r laclac Grafton Street Co nt P a DEVELOPMENT MAP d 1433 Waterloo St, onado Terra Lake ShShore Avenue 1601 Park Avenue, arge Los Angeles, CA 90026 ReservoirCor St S

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Laguna Avenue ce • Hip, creative & emerging community Echo Park A

• Highly trafick ed area with dense population and Clinton Glendale B Echo Street Park Ridge Way increasing demand for housing and office Scout

ue VinVin Scully Scully Avenue Avenue Way Lake • 1.5 FAR allows for 19,879 sf and 33 units Belle vue glas Street

Avenue Stadium Way 45 UNITS Dou -Ability to increase by 35% with density Laveta Terrace Ea West Kensington Road W allace Avenue(MIXED USE) st Innes Avenue bonus (2 FAR/45 units). Rosemont Aven K e geware Road Kellam Avenue n Lilac Terrace d s - Ability to increase by 60% with Transit EE 1301 W Sunset Blvd, ing Los Angeles, CA Roa ton Oriented Communities program (3.25 West CarrollCarroll A A ALEXAN SOUTH ECHO dd MWD a FAR/ 50 units). venue (MIXED USE) (200 UNIT MIXED USE) d nt Avenue Calumet Avenue

areare RoRo iew Avenue w F osemo 1900 W Temple St, igue iew Avenue e Avenue Hollywood Freeway 1111reetreet Sunset Blvd, osemo Bellevue Avenue roa T Los Angeles, CA 90026 Los Angeles, CA L Roselake Avenue errace ook Marview Avenue Temple Street ast Edge E Mar ion Avenue Everett St on Avenue StreetStreet North Lake Street Cortez Street White Knoll Drive North Westlak North Mountain V PALO ALTO HOTELue Bo North Bonnie Brae Street Glendale Boulevard (88 ROOMS) DawsonDawson s StreetStreet BelmontBelmont Ave Ave to ECHO PARK VILLAGE n Street e North Burlingt lac nion Aven WelcomWelcom North Beaudry Avenue 1625 W Palo Alto St, DawsonDawson Laveta Terrace (RETAIL) havez Ravine P Street B Los Angeles, CA entennial C everly B C the StreetLake Street North U

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FEATURES: • 127 feet of Frontage on Sunset Blvd • High Trafic Visibility • Open Floor plan • Large Lot • Multi-Tenant Retail Investment • Possible 33-unit Mixed-Use Redevelopment • Zoned C2 • Include Floorplan to be provided. • Floorplan available upon request

10 11 Disclaimer: This information has been secured from sources we believe Lorena Tomb Ty Del Re Principal Senior Associate to reliable, however we make no representation or warranties or implied, 12 T: 213.277.7247 ext. 1 T: 213.277.7247 ext. 3 as to the accuracy of the information. References to square footage or [email protected] [email protected] age are approximate. License #: 01894475 License #: 01947880 www.urbanlimeRE.com