MIXED-USE COMMERCIAL FOR SALE Prime Downtown Location 828 S MAIN STREET, LOS ANGELES, CA 90014 Offering Memorandum • Creative Office

• Multiple Uses

• Centrally Located

• New Upgrades Exclusively offered by Anthony S Behar Executive Vice President/Partner 213.747.8426 [email protected] • Freestanding Building The information contained in this offering material is confidential and furnished solely for the purpose of a review by prospective Buyers of the subject property and is not to be used for any other purpose or made available to any other person without the express written consent of Major Properties. This Brochure was prepared by Major Properties. It contains summary information pertaining to the Property and does not purport to be all-inclusive or to contain all of the information that a prospective Buyer may desire. All information is provided for general reference purposes only and is subject to change. The summaries do not purport to be complete or accurate descriptions of the full documents involved, nor do they constitute a legal • Owner/User or Investor analysis of such documents. This information has been secured from sources we believe to be reliable. We make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Recipient of this report must verify the information and bears all risk for any inaccuracies.

majorproperties.com 828 S MAIN STREET LOS ANGELES, CA 90014

Property Highlights

Building Area 9,402 Sq.Ft. 5,402 sq.ft. per Title 4,000 sq.ft. Unpermitted Mezzanine/Office

Land Area 5,960 Sq.Ft. Year Built 1994 Parking 2-3 Surface Spaces Zoning LA C5[Q]-4D Ceiling Height 30'

Power 600A/120-240V/1-Ph/3-Wire WALK SCORE TRANSIT SCORE BIKE SCORE APN 5145-015-014 Council District 14 | Jose Huizar Location Greater Downtown Housing Incentive Area; Transit Priority Area; Los Angeles State Enterprise Zone Property Video Presentation 95 98 72

majorproperties.com Investment Summary 828 S Main Street is located in the heart of the Historic Core. Situated two blocks north of Olympic Blvd, it is also just two blocks from Broadway, which is undergoing a transformation into a vibrant retail corridor. The subject property is within walking distance of many new and established restaurants, retailers and coffee shops, in addition to and LA Live. It is also adjacent to the Downtown Fashion, Jewelry and Financial Districts. Public transportation is readily available, as the 7th Street transit center (Blue, Expo and Red lines), Pershing Square (Red and Purple lines) and Pico Station (Blue and Expo lines) are all within walking distance. 828 S Main Street consists of a two-story mixed-use building with recent upgrades throughout. The ground floor is ideal for retail, art gallery, nightclub and special events applications, and the upper floor has large open rooms with amazing Downtown views facing west and northwest. The rear half of the building consists of warehouse and open space with a 30 foot ceiling. 828 S MAIN STREET LOS ANGELES, CA 90014

Investment Highlights

• 2-Story Multi-Purpose Flex Space • Ideal for Owner/User or Investor • Recent Upgrades Include New HVAC, New Roof, New Restrooms (3), JBL Sound System • New Lighting in Front Retail and Lounge Areas • Large Conference Rooms • Open Floor Space • Front Unit is Ideal for Retail, Bar/Lounge, Art Gallery, Special Events, Filming • Rear Unit is Clear Span Warehouse • 2nd Floor Has Large Windows With Sweeping Views of DTLA • Walk to Restaurants, Broadway, Ace Hotel, LA Live and Numerous New Retailers, Apartments and Condos

majorproperties.com Property Aerial Nearby Retailers & Restaurants

majorproperties.com Downtown Los Angeles Assessor’s Parcel Map

majorproperties.com Downtown Los Angeles Transit Map

majorproperties.com Proposed Broadway Streetcar Map

The Downtown LA Streetcar will be a modern, fixed-rail streetcar that offers new choices for how you connect to downtown’s neighborhoods, restaurants and bars, cultural and entertainment landmarks, and regional transportation resources—including Metro’s growing rail network. The four-mile route will run approximately 18 hours a day to connect riders with places like South Park, the Financial District and Historic Broadway, Grand Park and the Civic Center, the Fashion District, and the Convention Center, Staples Center, and LA Live.

The streetcar will be the most frequent streetcar ser- vice in the entire country, with 7-minute headways during peak hours and frequencies of 10 to 15 minutes during off-hours. With frequent service and door-to- door service throughout the community, the Downtown LA Streetcar will offer an attractive alternative to driving between neighborhood destinations for residents and visitors alike, and it will catalyze additional commercial and residential development in the city’s most urban, transit-accessible core.

Timeline: November 2016: LA Streetcar secures $200 million in funding from Measure M, approved with 71% of the vote

Winter 2016 / 2017: Preliminary engineering (30% de- sign) completed, finalizing updated cost estimate

Mid-2017: Finalize streetcar financial plan; begin pro- curement process for streetcar vehicles

Mid-2018: Begin streetcar construction

Mid-2020: Complete streetcar construction; begin vehi- cle and systems testing Property Photos Downtown Los Angeles Demographics

majorproperties.com Downtown Los Angeles Property Values 2006-2016

Downtown Los Angeles Investment 1999-2016

majorproperties.com 761 S Broadway Comparable Property Values Los Angeles, CA 90014 Office 55,948 SF Building 700 S Main St 6,970 SF Land Los Angeles, CA 90014 Built 1915 Retail Sold 10/31/2016 48,096 SF Building $428.97 per SF 13,068 SF Land Built 1904 404 W 7th St Sold 12/22/2017 Los Angeles, CA 90014 $864.42 per SF Office 147,346 SF Building 12,197 SF Land Built 1929/2018 734 S Main St Los Angeles, CA 90014 Sold 3/23/2016 $356.30 per SF Retail/Office 18,706 SF Building 1033-1035 S Olive St 4,792 SF Land Los Angeles, CA 90015 Built 1915 Retail Sold 3/22/2017 6,530 SF Building $288.68 per SF 7,841 SF Land Built 1911 Sold 3/2/2016 464 S Main St $765.70 per SF Los Angeles, CA 90013 447 S Los Angeles St Los Angeles, CA 90013 Retail Retail 5,600 SF Building 9,800 SF Building 5,663 SF Land 4,792 SF Land Built 1901 Built 1917 Sold 11/17/2016 Sold 2/24/2016 $745.54 per SF $306.12 per SF majorproperties.com 828 S Main Street Los Angeles, CA 90014

9,402 Sq.Ft. Building 5,960 Sq.Ft. of Land

Exclusively offered by Anthony S Behar Executive Vice President/Partner 213.747.8426 office 310.880.2329 mobile [email protected] CA BRE LIC. # 01368565

MAJOR PROPERTIES 1200 W Olympic Blvd Los Angeles, CA 90015

majorproperties.com