For Sale 1494 S

OFFERING MEMORANDUM FOR SALE 1494 S. ROBERTSON BLVD | LOS ANGELES, CA 90035

PROPERTY DESCRIPTION An exclusive office building located in Los Angeles CA. This property is currently owned and managed by the owner. Lot Size is 4,207 sq. ft. and Building Size is 4,960 sq. ft. Convenient common area for upstairs and downstairs tenants. Elevator plus two restrooms on each floor. Property located on a corner with signal light with additional alley access parking. PROPERTY DESCRIPTION 7 Units Price $3,050,000 $614.92 PSF 11 Parking Spaces Zoning C2

Preferred Content Breland Casting

The Licensing Group LTD Acting Studios of Beverly Hills Entertainment Fusion Group Inc

UniversalTalent International

Entertainment Lab True Artist - Talent Management Company Voltage Pictures Culver City Studio Robertson Blvd 1494 S Robertson Blvd Culver City Studio

Imagine Entertainment The Beverly Agency

Wilshire Blvd Fireproof TV

Schachter Entertainment

The GrapeVine Agency

A List Entertainment

Image Locations GRID Agency 20th Century Fox Home Entertainment

Pico Blvd

IMC Partners

PROPERTY DETAILS Pico-Robertson is convenient to Century City, Beverly Hills, Culver City, West Los Angeles, the Fairfax District and many more fine business hubs, making it a great place to work, create, and have meetings.

Constructed in 1964 with wood frame and stucco. Second floor is accessible via elevator and stairs. Utilities include Electric, Gas, and Water. Partial Copper Plumbing with a common water heater. 4 Air Conditioners (package units) on the roof.

Interior décor included with efficiently sized office spaces. Common interior area provides general public space and good balance for pedestrian traffic.

Smma Annalied Oeating Data

ice 3050000 Cent ents Down ament 100 3050000 Schedled Base ental 111290 Cent CA 1.38 CA eimbsement Cost e S t 614.92 ecate Annal ent e S 32.18 Schedled oss Oeating Income 111290 27.40 Less acanc ate esee 3339 3 Ao. Net S 4960 Eectie oss Income 107952 Ao. Lot Sie 4207 Less Eenses 65816 Land Cost e S 724.98 Net Oeating Income 42136 ea Bilt 1964 Less Loan aments Total No. o aking Saces 11 eTa Cash low 42136 1.4

Annalied Eenses

Taes CENT eoma ents @ 3.10S Ta ate 38125 nit 1 1432 4439.20 Insance 2340 nit 2 303 939.30 Landscaing 480 nit 3 513 1590.30 ainteai 2981 nit 4 308 954.80 tilities 6800 nit 5 264 818 Tash 2574 nit 6 638 1978 anitoial 7200 BA 3458 iscellaneos 516 Sign ental 1000 Hac eai 2400 Eneg 955 Eleato eai 2400 oss Oeating Income 12674.80 152098 Total Eenses 65816 Eenses 65816 e S. t. 4.18 Net Oeating Income 85657 aket Ca 2.81 aket 20.38 Some otential Incease o entable Sace.

% of LEASE LEASE MONTHLY ANNUAL MO. ANNUAL NEXT RENT INCREASE UNIT TENANT GLA NNN CENTER START END RENT RENT RENT/ SQ FT RENT/ SQ FT ADJUSTMENT AMOUNT

101-102-103-104,200 The Archimandrite Coptic Society 1,432 41.41% 2/01/18 6/30/19 $3,217.00 $38,604 $2.25 $26.96 EVERY Year 3.0% 201-A vacant/Market Rent 303 8.76% $1,000.00 $12,000 $3.30 $39.60 EVERY Year 201-B Punithacumar and Adore Travel 513 14.84% 2/01/18 6/30/19 $1,461.00 $17,532 $2.85 $34.18 EVERY Year 3.0% 202 Wilma Rivera 308 8.91% 2/01/18 6/30/19 $611.10 $7,333 $1.98 $23.81 EVERY Year 3.0%

203 Linda Levinson 264 1.68% 2/01/18 6/30/19 $611.10 $7,333 $2.31 $27.78 EVERY Year 3.0% 204 vacant/Market Rent 638 18.45% $1,914.00 $22,968 $3.00 $36.00 Sign Rental $400.00 $4,800 Paciﬁc Energy Co.oil income $60.00 $720 TOTALS 3,458 94.04% $9,274 $111,290 $2.68 $32.18 $0.00

1 MILE

3 MILES

5 MILES

2018 Summary 1 Mile 3 Mile 5 Mile 2023 Summary 1 Mile 3 Mile 5 Mile Population 46,867 339,201 900,318 Population 48,012 349,090 932,958 Households 19,240 154,125 389,530 Households 19,587 157,779 402,257 Families 10,416 70,526 184,664 Families 10,660 72,603 191,225 Average Household Size 2.41 2.18 2.26 Average Household Size 2.43 2.19 2.27 Owner Occupied Housing Units 5,908 47,526 111,918 Owner Occupied Housing Units 6,527 52,361 123,194 Renter Occupied Housing Units 13,332 106,599 277,611 Renter Occupied Housing Units 13,060 105,418 279,062 Median Age 37.8 38.3 37.3 Median Age 38.1 38.9 37.8 Median Household Income $77,000 $76,567 $63,207 Median Household Income $94,644 $93,366 $77,792 Average Household Income $119,412 $119,672 $104,143 Average Household Income $143,443 $144,574 $125,302

©2017 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS.

Interior décor included with efficiently sized office spaces. Common interior area provides general public space and good balance for pedestrian traffic.

BOB HANASAB | 310.990.0019 | [email protected] LIC # | 0170795 KEITH ENDOW | 310.722.2562 | [email protected] LIC # | 00481697