1440 Berkeley Street, Santa Monica, CA

310.774.3765 flashmangroup.com

Confidentiality Agreement

The Information Contained In The Following Marketing Brochure Is Proprietary And Strictly Confidential. It Is Intended To Be Reviewed Only By The Party Receiving It From Flashman Investment Group And Should Not Be Made Available To Any Other Person Or Entity Without The Written Consent Of Flashman Investment Group. This Marketing Brochure Has Been Prepared To Provide Summary, Unverified Information To Prospective Purchasers, And To Establish Only A Preliminary Level Of Interest In The Subject Property. The Information Contained Herein Is Not A Substitute For A Through Due Diligence Investigation, And Makes No Warranty Or Representation, With Respect To The Income Or Expenses For The Subject Property, The Future Projected Financial Performance Of The Property, The Size And Square Footage Of The Property And Improvements, The Presence Or Absence Of Contaminating Substances, PCB's Or Asbestos, The Compliance With State And Federal Regulations, The Physical Condition Of The Improvements Thereon, Or The Financial Condition Or Business Prospects Of Any Tenant, Or Any Tenant's Plans Or Intentions To Continue Its Occupancy Of The Subject Property. The Information Contained In This Marketing Brochure Has Been Obtained From Sources We Believe To Be Reliable; However, Flashman Investment Group Has Not Verified, And Will Not Verify, Any Of The Information Contained Herein, Nor Has Flashman Investment Group Conducted Any Investigation Regarding These Matters And Makes No Warranty Or Representation Whatsoever Regarding The Accuracy Or Completeness Of The Information Provided. All Of The Information Set Forth Herein.

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310.774.3765 flashmangroup.com

Investment Description 1440 Berkeley Street, Santa Monica, CA

Property Highlights

Ability to build 6 units with 1 low income unit. (buyer to verify with city) Completely vacant (No Ellis) Prime location Seller willing to extended escrow to help buyer obtain permits etc.

The information herein is believed to be true, however Flashman Investment Group will not represent any information herein. It is up to Individual investors to VERIFY ALL information prior to making an investment decision. Property Financial 1440 Berkeley Street, Santa Monica, CA

pricing summary

Price: $2,350,000

No. of Units: 6

$391,667 Cost Per Unit

Year Build/Age Approx 1947

Lot Size 7,807

Zoning SMR2

• Abercrombie • Athleta • Nordstrom • Arclight • Adidas • Sugarfish • Boss Store • Bloomingdales • Barneys • The Misfit • Coach • Louis Vuitton • Bloomingdales • Bruxie • Cheesecake Factory • Tesla • Coach • Café Bella • True Food Kitchen • Peloton • Apple • Equinox • All Saints • Rolex

Santa Monica College UCLA Medical Center

Santa Monica Santa Monica Library High School The Huntley

Fairmont Miramar Hotel Santa Monica, California offers more than its beach and year round warm weather. Its proximity to the greater Los Angeles area makes Santa Monica the perfect base for vacationers and business travelers alike.

MAIN STREET: Santa Monica’s Main Street bears the laid back artsy side of Santa Monica, a side of the city that has been characterized by a local, surf vibe for years. Consider the many art galleries and attractions such as the Edgemar Center for the Arts and Mindfulnest, which is one-part art gallery, one-part shop. Main Street is also home to one of the highest concentrations of coffee shops in Santa Monica. A variety of different boutique shops are scattered along Main Street and a weekly farmers market takes place every Sunday.

MID-CITY: The furthest inland neighborhood in Santa Monica is known as Mid-City. This is the arts and entertainment hub of Santa Monica, and is home to a number of the largest entertainment companies. Mid-City also is where you’ll find one of the largest contemporary art collections in Los Angeles, Bergamot, which was formerly a railroad station but now houses a plethora of different art galleries. Some of Santa Monica’s best restaurants are in Mid-City, including Mélisse, which had won two Michelin stars. OCEAN PARK BOULEVARD PICO BOULEVARD SANTA MONICA PIER Running southeast from the Santa Monica Pier is Running parallel to I-10 is perhaps the most The palm tree-lined avenue and views Ocean Park. That local, artsy aesthetic of Main ethnically diverse neighborhood in Santa overlooking the Pacific Ocean make the Santa Street extends here, comprising independent Monica: Pico. The people here can vary, from Monica Pier area and Ocean Avenue one of the coffee shops, boutique stores, and art galleries. college students strolling in and around Santa most iconic locations in Santa Monica. Unique Located just east of Ocean Park is the Santa Monica College to locals popping in and out of hotels, such as The Georgian and The Shore, dot Monica Airport. Not only is this a working airport the clothing boutique shops, record stores, and Ocean Avenue while open-air restaurants and for private jet owners, but it also is the location art galleries. Saturday mornings on Pico feature bars, such as Blue Plate Oysterette and The of the Museum of Flying, which features a smaller, more local farmers market than the Bungalow, line the avenue. Just down from numerous aircraft and artifacts, including a Downtown Santa Monica Farmers Market; the Ocean Avenue is perhaps Santa Monica’s most Wright Flyer replica and World War II planes, and Pico iteration usually comprises no more than famous attraction, the Santa Monica Pier. This adjacent to the Spitfire Grill. 30-40 local farmers. attraction dates back to 1909, and features a solar-paneled Ferris wheel, amusement park, aquarium, and live concerts and movies during the summer months.

Silicon Beach is the Westside region of the Los Angeles metropolitan area Nevertheless, the headquarters of these established corporate tech titans that is home to over 500 tech startup companies, with emphasis on the tends to be elsewhere, though the region has had startups proliferation. coastal strip north of LAX to Santa Monica Mountains, but the term may be Unlike the traditional definition of Silicon Valley (Menlo Park to Santa Clara) applied loosely or colloquially to refer to most anywhere in the LA Basin. where the economy is overwhelmingly technology geared, Silicon Beach, Major technology companies have opened offices in the region including much like San Francisco, tends to have a more diversified economy Google, Yahoo!, YouTube, BuzzFeed, Facebook, Salesforce, AOL, Electronic whereby tourism, finance, and/or other industries also play a major role. Arts, Sony, EdgeCast Networks, and MySpace. Additionally, several mobile ventures seeded here like Snapchat and Tinder. In 2012, the region was considered the second- or third-hottest tech hub in the world, according to some metrics. HULU

Hulu's streaming platform features a wide array of popular television shows just hours after they air live. The company occupies a 90,000-square-foot, fully customized space in the mid-city neighborhood of Santa Monica.

Industry: Media | Funding: $683M

THE HONEST COMPANY

The Honest Company provides a line of safe products, ranging from beauty items to cleaning supplies, for the family and for use in the home. The company is also known for giving back, donating products and volunteering on a regular basis.

Industry: E-Commerce | Funding: $303M

GOOGLE

Currently in Venice, the world's leading search engine is moving into a huge Playa Vista space once occupied by Howard Hughes’ famous aircraft, the Spruce Goose. It comes as no surprise since Playa Vista once operated solely as Hughes’ private airport.

Industry: Software | Funding: $36.1M YOUTUBE

YouTube is also making use of leftover airport structures from the Hughes era, converting the spaces into offices and creative areas for their YouTube Space facility. Free to anyone with a channel boasting more than 10,000 subscribers, the building is over 40,000-square- feet of sets, screening rooms, editing booths, dressing rooms and more.

Industry: News + Entertainment | Funding: $11.5M

CHOWNOW

ChowNow makes software for the restaurant industry. Providing products such as online ordering systems, management tools and customer insights, ChowNow helps businesses get to know their customers and stay on top of the trends.

Industry: Food | Funding: $43M

SNAP INC.

Snap Inc., the company responsible for Snapchat, is straddling multiple California locations at the moment. The social media company once boasted a spread of offices throughout Venice but has since made moves to a space near the Santa Monica airport.

Industry: Software | Funding: $4.6B

Los Angeles has a flourishing hub of innovative companies putting down roots outside of the San Francisco tech epicenter. Known as "Silicon Beach," due to its proximity to surf and sand, the tech community's attraction to the area is partly credited to its proximity to LAX and the diversity of LA’s industries. While Silicon Beach is sometimes used to loosely describe both LA and Orange County, the tech community specifically refers to the stretch of cities west of LA, spanning from Santa Monica to Venice, often including communities as far as Hermosa Beach. As we see it, Silicon Beach encompasses the following tech hubs: Santa Monica, Venice, Marina del Rey, Playa Vista, Playa del Rey, El Segundo, Manhattan Beach and Hermosa Beach, respectively. Minor Tweaks to Infill Project in Downtown Santa Six-Story Development Could Replace Downtown Mixed-Use Development Planned Behind Santa Monica Santa Monica Offices Monica Main Library Developer EDDG, Inc. was scheduled to return this week to the A presentation to the Santa Monica Architectural Review Board A parking lot located just north of the Santa Monica Main Santa Monica Architectural Review Board to prevent revised has unveiled plans to redevelop an office building at 1437 7th Library is the site of the latest apartment building planned by plans for a mixed-use building at 1235 5th Street. The Street. prolific developer WS Communities. proposed five-story building, which would rise from a currently The project site, located at 1325 6th Street, is slated for the vacant lot, will feature 23 studio, one-, two-, and three- Mass Equities, a Santa Monica-based real estate investment construction of a six-story building which would feature 64 bedroom apartments above 1,873 square feet of ground-floor firm, is looking to replace the three-story edifice which residential units atop 4,860 square feet of ground-floor retail retail space and 19 parking spaces in two basement levels. currently houses its corporate headquarters with a mixed-use space and 138 parking spaces on four subterranean levels. The project, which is being designed by Malekian & apartment building. Plans call for a six-story, 52,456-square- Plans call for a mix of studio, one-, two-, and three-bedroom Associates, features a contemporary look which derives its foot structure which would feature 65 studio, one-, two-, and floor plans, as well as shared amenities including a T-shaped massing and design from that of neighboring buildings, setting three-bedroom apartments atop 6,350 square feet of ground- courtyard and a rooftop deck. its fifth floor back from the street. Plans call for a street-facing floor retail space and a two-level, 56-car basement parking Michael W. Folonis Architects is designing the podium-type facade accented by "a randomized arrangement of colored garage. building, which is depicted with a contemporary look and architectural in-fill panels" in yellow, red, grey, terra cotta, and exterior finishes including stucco and concrete. inserts of frosted glass. Michael W. Folonis Architects is designing the low-rise The project has already been the subject of several hearings, Renderings depict minor changes to plans initially presented in structure, which is described as a "tripartite" plan featuring including the Santa Monica Planning Commission and City April 2018, following recommendations from the Architectural solid forms on either side of a linear courtyard at the podium Council, which has already approved a development agreement Review Board to create a stronger identity for the building's level. Plans also call for common open space at the second, for 1325 6th Street. second, third, and fourth floors. fourth, and roof levels.

Agent Information 1440 Berkeley Street, Santa Monica, CA

jason flashman License #01841976 [email protected]

phone: 310.774.3765

broker #01499010 Chase Simonton License #01766871

Jason Flashman License #01841976 [email protected]

phone: 310.774.3765

Flashman Investment Group 2701 Ocean Park Blvd #140, Santa Monica, CA 90405