Offering Memorandum

13263 VENTURA BOULEVARD KEVIN FENENBOCK JACOB MUMPER Executive Vice President Vice President Lic. 01165115 Lic. 01908862 818.325.4118 818.325.4119 [email protected] [email protected] TABLE OF CONTENTS

Property Overview ...... 2

Offering Highlights ...... 6

Asset Gallery ...... 10

Market Overview ...... 14 2 PROPERTY OVERVIEW EXECUTIVE SUMMARY Colliers International, as exclusive representatives of the seller, is pleased to present for sale the office property at 13263 Ventura Boulevard in sought-after Studio City. The two-story building, totaling 6,159 square feet, is an exceptionally rare owner-user opportunity in a prime location. The building was extensively renovated in 2015 and 2016 and is located just east of Fulton Avenue with direct access to both the 405 and 101 freeways. It sits upon a 9,487-square-foot lot with secured on-site parking. Furthermore, with multiple restaurants, retail and entertainment destinations within walking distance of the property, 13263 Ventura Boulevard is well positioned to provide an owner-user the ideal live-work-play environment.

The seller currently occupies approximately 3,148 square feet in the building, with the balance occupied by seven tenants with short-term leases in executive suites. These tenants currently generate more than $12,000 per month in rental and parking income, providing flexibility for an owner-user to occupy as much or as little of the building as necessary, while continuing to collect supplemental income.

Indeed, 13263 Ventura Boulevard offers a unique opportunity for an office user of any size to own real estate in a prestigious location.

3 | Property Overview 13263 VENTURA BOULEVARD 5 | Property Overview 6 OFFERING HIGHLIGHTS ASSET OVERVIEW

Address 13263 Ventura Boulevard, Studio City, California 91604

Price $4,620,000

Sale Type Owner / User

RBA 6,159 SF (Per Certificate of Occupancy)

Lot Size 9,487 SF / .2178 AC

Parking 11 Spaces (Gated Surface Lot)

Stories 2

1945 / 2016 Year Built/Renovated Significant Interior and Exterior Renovations Performed in 2016

Zoning C2

8 | Property Overview 7 | Offering Highlights 8 | Offering Highlights 13263 VENTURA BOULEVARD 10 | Asset Gallery 11 | Asset Gallery 12 | Asset Gallery 13 | Asset Gallery 14 MARKET OVERVIEW MARKET OVERVIEW Named for the film studio now known as CBS Studio Center, Studio City is a charming neighborhood in the San Fernando Valley region of the City of Los Angeles. Nestled just southwest of where U.S. Route 101 meets Interstate 405, the 6.31-square-mile area sits just over the hills from the hubbub of Hollywood. With about half of its land area encompassing the northern bounds of the Hollywood hills, the overall population density for the area is among the lowest in the city. Neighboring communities include Hollywood, Universal City, Toluca Lake, Valley Village, Sherman Village and Sherman Oaks.

Serving for many as a welcome respite from the urban grind of Hollywood and other major employment centers nearby, Studio City is home to a high percentage of older and more wealthy residents than is average in Los Angeles. Retail options are many and varied. Ventura Boulevard, the city’s major commercial thoroughfare, features a mix of classic eateries, wine bars and lively gastropubs alongside sushi houses and greasy burger joints.

15 | Market Overview 13263 VENTURA BOULEVARD AMENITIES

RESTAURANTS HOTELS FITNESS / GYMS 1. Casa Vega 1. Sportsmen’s Lodge 1. 24 Hour Fitness 2. The Local Peasant 2. Hilton Los Angeles/Universal City 2. CorePower Yoga 3. Mendocino Farms 3. Sheraton Universal Hotel 3. Krav Maga Worldwide 4. Starbucks 4. Courtyard by Marriott Los Angeles Sherman Oaks 4. Pulse Fitness Studio 5. Islands Restaurant 6. Five Guys 7. In-N-Out Burger 8. The Sherman ENTERTAINMENT BANKS / FINANCIAL INSTITUTES 9. Panera Bread 10. Tender Greens 1. Universal Studios Hollywood 1. Chase Bank 11. Laurel Tavern 2. Universal CityWalk 2. Wells Fargo Bank 12. The Coffee Bean & Tea Leaf 3. Westfield Fashion Square 3. Bank of America 13. Maria’s Italian Kitchen 4. Sherman Oaks Galleria 4. U.S. Bank 14. Fatburger 5. ArcLight Sherman Oaks 15. El Torito 6. Pacific Theatres Sherman Oaks 5 16. Poquito Mas 7. Studio City Recreation Center 17. Sharky’s Woodfired Mexican Grill 18. The Bellwether 19. Wood & Water 20. Nesmon Cafe and Boutique GROCERY STORES 21. Mistral 22. Boneyard Bistro 1. Ralphs 23. Orange Delite & Grill 2. Trader Joe’s 24. Sweet Butter Kitchen 3. Whole Foods Market 25. Cafe Bizou 4. Vons 26. All About Poke 5. Gelson’s Market

17 | Market Overview 13263 VENTURA BOULEVARD CORPORATE NEIGHBORS

1. CBS 2. ITV America 3. Premiere Radio Networks Inc. / Clear Channel Communications 4. Starcom Worldwide 5. Endemol USA 6. Asylum Entertainment 7. Walt Disney Studios 8. Radio Disney 9. 10. 11. ABC Studios 12. Comcast NBC/Universal 13. Universal Studios Hollywood 14. Warner Bros. 15. iHeartRadio 16. SEGA of America, Inc. 17. DreamWorks Animation 18. Animation Studios 19. FuseFX 20. Facebook 21. Oracle 22. IPC 23. World Race Productions 24. WildBrain Entertainment

19 | Market Overview KEVIN FENENBOCK JACOB MUMPER Executive Vice President Vice President Lic. 01165115 Lic. 01908862 818.325.4118 818.325.4119 [email protected] [email protected]

Colliers International 16830 Ventura Blvd., Suite J Encino, CA 91436 www.colliers.com

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