515 S Los Angeles

515 SOUTH LOS ANGELES STREET DTLA Retail Building for Sale Potential Owner-User Opportunity JUSTIN WEISS DAVID PRESSBERG JORDAN RUBINSTEIN Vice President Vice President Vice President 213-538-8631 310-887-6281 310-887-3489 [email protected] [email protected] [email protected] DRE #01920886 DRE #01985788 DRE #01736033 Highlights • Unique, single-identity building with three floors over full basement • Current building lease is modified gross and ends 10/31/22 • Along one of the most active corridors at the intersection of Downtown’s Toy/Wholesale District, Historic Core and Fashion District • Stable demand for space in the Toy/Wholesale District • Within two blocks of 3,000 market-rate residential lofts and apartments, and adjacent to the new luxury apartment building, Topaz • Ample surface parking lots and garages within ½ to two blocks of the property • A block away from the amenity-rich Old Bank ADDRESS E 5th St District, which boasts trendy restaurants, bars and 515 S. Los Angeles St., Los Angeles, CA 90013 hotels PRICING LAND AREA • Walk Score of 98, Transit Score of 100 and within $2,850,000 ±4,110 SF / 0.09 AC S Main St minutes of the 101, 5 and 110 Freeways PARCEL NUMBER STORIES • Adjacent building at 517-521 S. Los Angeles St. is 5148-019-002 3 + Full Basement available for sale. Click here for more info. GROSS BUILDING AREA YEAR BUILT S Los Angeles St ±16,000 SF* 1906 Annual Gross Income Pro Forma Income *Total GBA includes basement; floors 1-3 total 12,090 SF $113,400 $181,350 515 S. Los Angeles St., DTLA | 2 PACIFIC ELECTRIC LOFTS SANTEE COURT 515 S. Los Angeles St., DTLA | 3 515 LOS ANGELES STREET ALSO AVAILABLE CLICK FOR INFO Fifth Street Los Angeles Street 515 S. Los Angeles St., DTLA | 4 19 The Market DTLA 6 The property is situated at the intersection of Downtown Los Angeles’ Historic Core and Toy/Wholesale District, and just a stone’s throw from the Fashion District and Little Tokyo. This section continues to thrive with a high daytime density of wholesale goods shoppers and co-tenants while boasting 8 7 20 mainstream restaurant tenants like KazuNori, Bar Amá and Cole’s French 25 23 4 3 Dip. Nearby area developments include the under-construction Citizen M 2 10 3 1 2 and Cambria hotels, both two blocks away, as well as the Topaz, Santa Fe 24 4 6 26 9 16 Lofts and Pacific Electric Lofts apartment projects next door. There are more 5 12 12 2 than 3,000 apartment/condo units within three blocks of the properties. 11 22 11 15 Residential 20. Ava Little Tokyo Retail/Restaurant 1. Topaz 21. Garfield Building 1. Santee Passage 13 16 2. The Jeffries Lofts 22. Spring Arcade Lofts 2. Bar Amá 14 15 3. Pacific Electric Lofts 23. The Metropolitan 3. Orsa and Winston 13 17 5 18 7 4. Santee Court 24. Jewelry Trades 4. KazuNori 3 8 1 Santa Fe Lofts The Judson The Lash 8 21 17 9 5. 25. 5. 18 10 6. San Fernando Lofts 26. The Medallion 6. Red Bird 7. Helman Building 27. National City Lofts 7. Cole’s French Dip 5 8. HWH Building 28. Great Republic Lofts 8. Varnish 9. The Rowan 9. Mignon 14 10. The El Dorado Hotels 10. Black Sheep 26 11. Security Building 1. Citizen M 11. Yoko’s Kitchen 12. The Rosslyn Lofts 2. Cambria 12. Blossom 19 27 1 13. Premier Tower Lofts 3. Dream Hotel 13. Joe’s Pizza 7 14. SB Main 4. Continental Building 14. Silver Lake Ramen 4 15. SB Manhattan 5. Cecil Hotel 15. Beelman’s 6 16. SB Tower 6. Ace Hotel 16. Tulsi Indian Eatery 9 17. SB Spring 7. Hotel Tuck 17. The Falls Bar 18. Mercantile Lofts 8. Freehand 18. Spring Street 19. Higgins Lofts 9. The Hoxton 19. Wild Living Foods 515 S. Los Angeles St., DTLA | 5 Sale Comparables 1 2 4 515 S. Los Angeles St. 729-737 S. Los Angeles St. 401-415 E. 11th St. Sale Price: $2,850,000 Price/SF: $178 Sale Price: $4,487,000 Price/SF: $434 Sale Price: $11,000,000 Price/SF: $356 RBA: 16,000 SF* Land: 0.09 AC RBA: 10,350 SF Land: 0.28 AC RBA: 30,868 SF Land: 0.32 AC 1 Sale Date: -- Year Built: 1906 Sale Date: 1/27/2020 Year Built: 1916 Sale Date: 11/13/2019 Year Built: 1995 *Public record shows 12,090 SF 3 4 2 828 S. Main St. 501 S. Los Angeles St. Sale Price: $5,000,000 Price/SF: $532 Sale Price: $21,265,000 Price/SF: $322 3 RBA: 9,402 SF Land: 0.22 AC RBA: 66,030 SF Land: 0.27 AC Sale Date: 12/18/2018 Year Built: 1994 Sale Date: 8/9/2018 Year Built: 1911 515 S. Los Angeles St., DTLA | 6 JUSTIN WEISS DAVID PRESSBERG JORDAN RUBINSTEIN Vice President Vice President Vice President 213-538-8631 310-887-6281 310-887-3489 [email protected] [email protected] [email protected] DRE #01920886 DRE #01985788 DRE #01736033 151 S. El Camino Drive Beverly Hills, CA 90212 310-887-6400 Kennedy-Wilson Properties, Ltd. (Responsible Broker Identity, DRE #00659610) makes no warranty or representation as to the accuracy of the information contained herein. Terms of sale or lease and availability of the property are subject to change or withdrawal without notice.. 515 S. Los Angeles St., DTLA | 7.

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