Prime Culver City Signalized Corner Value-Add Street Retail 12118-12130 W

Home , Culver City High School, Kirk Douglas Theatre

SOUTHERN CALIFORNIA'S PREMIER SALES TEAM

12118-12130

PRIME CULVER CITY SIGNALIZED CORNER VALUE-ADD STREET RETAIL 12118-12130 W. Washington Boulevard, Los Angeles, CA 90066 WITH SIGNIFICANT DEVELOPMENT POTENTIAL INVESTMENT ADVISORS BRANDON MICHAELS ANDREW LEFF Senior Managing Director of Investments First Vice President Investments Senior Director, National Retail Group Director, National Retail Group Tel: (818) 212-2794 Tel: (818) 212-2815 Fax: (818) 212-2710 Fax: (818) 212-2710 [email protected] [email protected] License: CA #01434685 License: CA #01865688 www.BrandonMichaelsGroup.com www.BrandonMichaelsGroup.com

TEAM MEMBERS Website Sean Brandt www.brandonmichaelsgroup.com Vaughn Brown Ben Brownstein Instagram Nicole Cottrell @brandonmichaelsgroup Matthew Norona Steven Schechter Austin Sreden

CONFIDENTIALITY AND DISCLAIMER 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 Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. 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 thorough due diligence investigation. Marcus & Millichap has not made any 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, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved.

NON-ENDORSEMENT NOTICE Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers. ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS.

SOUTHERN CALIFORNIA'S PREMIER SALES TEAM TABLE OF CONTENTS

PROPERTY OVERVIEW 01

FINANCIAL ANALYSIS 02

COMPARABLES ANALYSIS 03

AREA OVERVIEW 04 01 PROPERTY OVERVIEW

REDONDO BEACH MANHATTAN

LOS ANGELES BEACH INTERNATIONAL AIRPORT

PLAYA DEL REY

LOYOLA MARYMOUNT UNIVERSITY WESTCHESTER

MARINA DEL REY MIDDLE SCHOOL MARINA FWY DEL REY CULVER BLVD

S CENTINELA AVE 12118-12130

CULVER BLVD 12118-12130 W. Washington Boulevard, Los Angeles, CA 90066

CYPRESS GROVE

CULVER CITY MARKET HALL 30,000 square feet of Class A retail and restaurant space on 1.6 Acres of Land

W WASHINGTON BLVD MARINA DEL REY VENICE

LINCOLN BLVD

VENICE HIGH SCHOOL W WASHINGTON BLVD

WASHINGTON PL CULVER CITY WEST • CA 12118-12130 PRIME CULVER CITY SIGNALIZED CORNER VALUE-ADD STREET RETAIL WITH SIGNIFICANT DEVELOPMENT POTENTIAL

12118-12130 W. Washington Boulevard, Los Angeles, CA 90066

The Brandon Michaels Group of Marcus & Millichap has been selected to exclusively market for sale 12118-12130 Washington Boulevard, a unique opportunity to acquire a prime West Los Angeles signalized corner with significant development potential in Culver City. The subject property is located on the southeast signalized corner of Washington Boulevard and Grandview Boulevard, ideally situated at the gateway to Marina Del Rey and Venice. This centralized Culver City site is one of the best locations in West Los Angeles, just minutes from the 405 Freeway, Mar Vista, Playa Vista, Marina Del Rey, and Santa Monica.

12118-12130 Washington Boulevard currently consists of 7,929 square feet of commercial improvements situated on 14,973 square feet of land. The property is fully occupied, however all of the existing tenants are operating on short-term or month-to-month leases, creating immediate flexibility either for an owner-user to occupy a portion of the space or an investor to stabilize the asset at market rents.

12118-12130 Washington Boulevard benefits from nearly 180 feet of frontage along Washington Boulevard and 150 feet of frontage along Grandview Boulevard. The site is dual zoned, with ~13,461 square feet falling within Culver City subject to CCC3 zoning, and ~1,514 square feet falling with Los Angeles and subject to LAR1 zoning (along the rear of the property adjacent to the alley) totaling 14,975 square-feet. The site is ideal for redevelopment incorporating multi-family, mixed-use, retail, or creative office, which will complement many of new and upcoming projects in the immediate area.

The immediate area is experiencing tremendous growth and ongoing redevelopment, making this one of the strongest rental markets throughout Los Angeles. Some notable developments nearby include Culver Public Market, a ~26,000 square-foot retail/restaurant development with an outdoor plaza and a four-story parking garage (2 blocks west of the Subject Property at Washington and Centinela), and Pennylane, a mixed-use development including 97 apartment units above ~15,000 square-feet of ground floor commercial (2 blocks east of the Subject Property at Washington and Inglewood).

12118-12130 Washington Boulevard is being offered on an unpriced basis.

* PLEASE DO NOT DISTURB TENANTS. SUNKIST PARK

MARINA FWY 12118-12130 CYPRESS GROVE 12118-12130 W. Washington Boulevard, Los Angeles, CA 90066

S CENTINELA AVE

GRAND VIEW AVE

W WASHINGTON BLVD

GRAND VIEW AVE

CULVER CITY MARKET HALL 30,000 square feet of Class A retail and restaurant space on 1.6 Acres of Land

S CENTINELA AVE

9 CULVER CITY, CA IS AN AFFLUENT, HIGH-DEMAND LOS ANGELES 12118-12130 COUNTY SUB-MARKET THAT HAS UNDERGONE TREMENDOUS GROWTH AND HAS BECOME A PRIME DESTINATION TO LIVE, WORK, DINE, AND SHOP 12118-12130 W. Washington Boulevard, Los Angeles, CA 90066

12118-12130 Washington Boulevard is ideally situated on the on the southeast signalized corner of Washington Boulevard and Grandview Boulevard. The subject property is surrounded by a strong mix of regional and national retailers, including In-N-Out Burger, Jack in the Box, Costco, Vons, Rite Aid, Little Caesars Pizza, Wingstop, Yard House, and Dunkin Donuts. There are multiple schools within close proximity, including Wildwood School, Grand View Boulevard Elementary, Beethoven Street Elementary, Mark Twain Middle School, and Venice High School.

12118-12130 Washington Boulevard is well located within a dense demographic location, with an immediate population of over 46,493 people within a one-mile radius, over 289,996 people within three miles, and upwards of 657,876 people within a five-mile radius. This location is a walker’s paradise, with a walk score of 85. This affluent West Los Angeles location boasts an average household income is $85,927 within a three-mile radius.

West Los Angeles is a densely populated, highly desirable location for residents and visitors alike, with its urban and costal lifestyle, outdoor spaces, and unique restaurants and shopping. 12118-12130 Washington Boulevard is ideally located in Culver City at the gateway to Marina Del Rey and Venice, within close proximity to Century City, Westwood, Brentwood, Santa Monica, Bel Air, and Beverly Hills. The site is within close proximity to the 405 San Diego Freeway and the 90 Marina Freeway, with easy access to downtown Los Angeles, the San Fernando Valley, and Los Angeles International Airport.

Since the 1920s, Culver City has been a significant center for motion picture and later television production, best known as the home of Metro-Goldwyn-Mayer studios. It was also the headquarters for the Hughes Aircraft Company from 1932 to 1985. National Public Radio West and Sony Pictures Entertainment now have headquarters in the city. The NFL Network studio is also based in Culver City.

* PLEASE DO NOT DISTURB TENANTS. MAR VISTA HOUSES MARINA DEL REY

W WASHINGTON BLVD

WASHINGTON PL

CULVER GARDEN 12118-12130

12118-12130 W. Washington Boulevard, Los Angeles, CA 90066

GRAND VIEW BLVD W WASHINGTON BLVD

11 LIMDBLADE DR INVESTMENT HIGHLIGHTS

IRREPLACEABLE WEST LOS ANGELES PRIME VALUE-ADD OWNER-USER / LOCATION DEVELOPMENT OPPORTUNITY

• SE signalized corner of Washington Boulevard and • 14,975 square-feet of land Grandview Boulevard • Ideal for mixed-use development • Direct access to the 405 San Diego Freeway and close proximity to Mar Vista, Venice, Marina Del Rey, Playa Del • Rear alley access Rey, and Santa Monica • Nearly 8,000 square feet of existing retail on M2M leases • Significant ongoing redevelopment in the immediate area offering immediate upside or owner-user flexibility • Excellent visibility and frontage • Flexibility in leases creates significant rental upside or a unique owner-user opportunity INVESTMENT HIGHLIGHTS • INVESTMENT OVERVIEW PROPERTY AFFLUENT AND DENSELY POPULATED UNIQUE FUNDAMENTALS CREATE A RARE SHORT CULVER CITY SUBMARKET OR LONG TERM REDEVELOPMENT OPPORTUNITY

• Average household income north of $92,022 within a one- • High daily traffic counts north of 26,796 vehicles per day mile radius • Walker’s paradise with a walk score of 85 out of 100 • Over 677,141 people within 5 miles • Significant growth projections with an average population • More than 18,957 households within 1 mile of the subject age of 39.2 property • Notable nearby developments within blocks of the subject • Home to a mix of local and national retailers, local eateries, property, such as Culver Public Market and Pennylane high-end shopping, nightlife/entertainment options

* PLEASE DO NOT DISTURB TENANTS. 13 PROPERTY HIGHLIGHTS • PROPERTY OVERVIEW PROPERTY

PROPERTY HIGHLIGHTS

12118-12130 W Washington Boulevard ADDRESS: Los Angeles, CA 90066 7,929 PRICE: Request For Offer BUILDING SF

BUILDING SF: 7,929 SF

LAND SF: 14,973 SF (0.34 Acres) 14,973 LAND SF CCC3* (13,461 SF) ZONING: LAR1 (1,514 SF)

4342-015-035, 002, APN NUMBERS: 85 003, 039, 022, 034, 040 WALK SCORE (VERY WALKABLE) * PLEASE DO NOT DISTURB TENANTS. W WASHINGTON BLVD

GRAND VIEW BLVD

* PLEASE DO NOT DISTURB TENANTS. 15 PROPERTY OVERVIEW • PROPERTY DETAILS PROPERTY DETAILS * PLEASE DO NOT DO TENANTS. DISTURB * PLEASE FOOTAGES SQUARE ZONING SITE 1,514 SF of the parcel is zoned LAR1. the iszoned parcel SFof 1,514 CCC3*. the iszoned parcel SFof 13,461 acres). SF(0.34 is14,923 landThe square footage total is7,929 buildingsquare footage The total SF. View Boulevard. WWashington of corner Boulevard andGrand onthe northeast islocated property The subject NUMBERS COUNTS TRAFFIC SCORE WALK WALK APN APN out of 100. of out walk has 85 of score anexcellent The property per day. vehicles Boulevard 26,796 are approximately alongWWashingtonThe traffic counts 040. 034, 039, 022, 003, 002, The APNnumbersare 4342-015-035, SUNKRIST PARK CYPRESS GROVE

LINDBLADE DR

12118-12130

GRAND VIEW BLVD 12118-12130 W. Washington Boulevard, Los Angeles, CA 90066

W WASHINGTON BLVD

17 02 FINANCIAL ANALYSIS

FINANCIAL ANALYSIS RENT ROLL

TENANT* SF SF % LEASE EXPIRATION OPTIONS RENT RENT/SF

Grandview Auto 2,938 37% M2M $6,225.00 $2.12

The Plumbing Co 1,350 17% M2M $2,500.00 $1.85

Pest Control (12120) 2,250 28% M2M $4,850.00 $1.64

J&Grey 700 9% 8/1/2020 None $1,520.00 $2.17

Pest Control (12118) 700 9% M2M - -

TOTAL 7,938 100% - - $15,095.00 $1.90

* PLEASE DO NOT DISTURB TENANTS.

PRICING

PRICE Request For Offers

BUILDING SF 7,929

LAND SF 14,973

ZONING CCC3* (13,461 SF) / LAR1 (1,514 SF)

APN 4342-015-035, 002, 003, 039, 022, 034, 040 FINANCIAL ANALYSIS • RENT ROLL FINANCIAL ANALYSIS W WASHINGTON BLVD

GRAND VIEW BLVD

21 03 COMPARABLES ANALYSIS

COMPARABLES ANALYSIS SALES COMPARABLES - RETAIL

BUILDING PRICE/SF PRICE/SF YEAR ADDRESS PRICE LAND SF SALES DATE SF (BLDG) (LAND) BUILT

12310 Venice Boulevard 1 $1,500,000.00 1,440 $1,041.67 3,920 $382.65 1950 6/20/2019 Los Angeles, CA 90066

12517 Venice Boulevard 2 $2,600,000.00 3,500 $742.86 4,373 $594.56 1965 6/20/2018 Los Angeles, CA 90066

12444 Venice Boulevard 3 $12,480,000.00 16,420 $760.05 20,895 $597.27 1988 2/26/2019 Los Angeles, CA 90066

4364 Sepulveda Boulevard 4 $3,225,000.00 4,435 $727.17 6,970 $462.70 1953 2/7/2019 Culver City, CA 90230

12906 Venice Boulevard 5 $1,300,000.00 1,848 $703.46 2,500 $520.00 1936 10/9/2018 Los Angeles, CA 90066

3007 Washington Boulevard 6 $7,716,000.00 11,312 $682.11 10,019 $770.14 1974 8/14/2018 Marina Del Rey, CA 90292

12790 Washington Boulevard 7 $1,635,000.00 2,409 $678.70 4,792 $341.19 1952 1/23/2019 Los Angeles, CA 90066

COMPARABLES ANALYSIS • SALES COMPARABLES ANALYSIS COMPARABLES AVERAGE $4,350,857.14 5,909 $762.29 7,638 $569.60 - - 12130 W. Washington Boulevard

1 12310 Venice Boulevard 2 1 4 3 2 12517 Venice Boulevard

5 3 12444 Venice Boulevard

7 4 4364 Sepulveda Boulevard

5 12906 Venice Boulevard

6 3007 Washington Boulevard 6 7 12790 Washington Boulevard

SALES COMPARABLES - RETAIL | PRICE/SF (BUILDING)

$762 AVG PRICE/SF (BUILDING)

$570 AVG PRICE/SF(LAND)

25 COMPARABLES ANALYSIS SALES COMPARABLES - LAND

PRICE/SF ADDRESS PRICE LAND SF ZONING SALES DATE (LAND)

12518 Venice Boulevard 1 $5,276,000.00 13,939 $378.51 LAR-3 10/11/2019 Los Angeles, CA 90066

11700 Charnock Road 2 $2,500,000.00 7,405 $337.61 - 8/8/2018 Los Angeles, CA 90066

12727 West Washington 3 Boulevard $17,500,000.00 48,548 $360.47 CG & R3 2/15/2018 Marina Del Rey, CA 90066

3966 Grand View Boulevard 4 $5,600,000.00 17,001 $329.39 - 2/15/2018 Los Angeles, CA 90066

AVERAGE $7,719,000.00 21,723 $351.49 - - COMPARABLES ANALYSIS • SALES COMPARABLES ANALYSIS COMPARABLES 12130 W. Washington Boulevard

2 1 12518 Venice Boulevard

2 11700 Charnock Road 12727 West Washington 3 Boulevard 1 4 4 3966 Grand View Boulevard

SALES COMPARABLES - LAND | PRICE/SF (LAND)

$351 AVG PRICE/SF (LAND)

21,723 AVG LAND SF

27 COMPARABLES ANALYSIS RENT COMPARABLES - RETAIL

SQUARE RENT/SF/ ADDRESS RENT/SF/YEAR YEAR BUILT SALES DATE FOOTAGE MONTH

12474 W Washington Boulevard 1 3,489 $3.75 $45.00 1947 4/5/2018 Los Angeles, CA 90066

11115 W Washington Boulevard 2 1,500 $3.33 $39.96 1969 9/15/2019 Los Angeles, CA 90066

13332 W Washington 3 Boulevard 2,900 $5.00 $60.00 1998 Asking Los Angeles, CA 90066

11955 W Washington Boulevard 4 1,333 $3.02 $36.24 2016 6/5/2018 Los Angeles, CA 90066

12255 Venice Boulevard 5 2,750 $3.60 $43.20 1952 6/24/2019 Los Angeles, CA 90066

11700 Washington Place 6 700 $3.58 $42.96 1952 4/17/2019 Los Angeles, CA 90066

12211 W Washington Boulevard 7 4,238 $3.45 $41.40 1998 2/20/2019 Los Angeles, CA 90066

COMPARABLES ANALYSIS • RENT COMPARABLES ANALYSIS COMPARABLES AVERAGE 2,416 $3.68 $44.11 - - 12130 W. Washington Boulevard

1 12474 W Washington Boulevard

2 11115 W Washington Boulevard 5 6 2 3 13332 W Washington Boulevard

4 11955 W Washington Boulevard 7 4 1 5 12255 Venice Boulevard

3 6 11700 Washington Place

7 12211 W Washington Boulevard

RENT COMPARABLES | RENT/SF/MONTH

$3.68 AVG RENT/SF/MONTH

$44.11 AVG RENT/SF/YEAR

29 04 AREA OVERVIEW

AREA OVERVIEW Culver City, CA RENT COMPARABLES - RETAIL Culver City is a city in Los Angeles County, California. The city was named after its founder, Harry Culver. It is mostly surrounded by the city of Los Angeles, but also shares a border with unincorporated areas of Los Angeles County. Over the years, considering its incorporated status, over forty annexations of adjoining areas have occurred. As a result, the city now comprises approximately five square miles.

In the 1990s, Culver City launched a successful revitalization program in which it renovated its downtown as well as several shopping centers in the Sepulveda Boulevard corridor near Westfield Culver City. Around the same time, the relocation of Sony’s motion picture operations known as Columbia Pictures. Columbia Pictures was the subsidiary of Sony that moved into the old MGM lot. This move to the former MGM studios at Washington Boulevard and Overland Avenue brought much-needed jobs to the city.

The influx of many art galleries and restaurants to the eastern part of the city, formally designated as the Culver City Art District, prompted The New York Times in 2007 to praise the new art scene and call Culver City a “nascent Chelsea.”

Culver City is in high demand as it become a prime destination to live, work, dine, and shop. Neighboring Beverly Hills, Century City, and Marina del Rey, Culver City has become a focal point for culture and nightlife, while also providing clean and efficient transportation to reach them. Culver

CULVER CITY • CULVER AREA OVERVIEW City boasts an affluent and well educated demographic base. CULVER CITY HAS MADE WALKABILITY A KEY OBJECTIVE IN ITS ECONOMIC DEVELOPMENT GOALS. THE CHARMING TREE- LINED STREETS ARE FILLED WITH INVITING CAFES, RESTAURANTS, AND STOREFRONTS

33 AREA OVERVIEW DOWNTOWN CULVER CITY

Downtown Culver City is a charming collection of outdoor restaurants, historic buildings, unique shops, art galleries, and nightlife. Every Tuesday, the Culver City Farmers’ Market is set up to sell fresh produce and locally made items. The tree-lined streets provide a great pedestrian destination and municipal structures provide for convenient parking. The Culver Hotel is a historical flatiron building that was built in 1924. Book-ended by entertainment studios Sony Studios and The Culver Studios, Downtown Culver City is a perfect combination of small-town charm and urban living. CULVER CITY • CULVER AREA OVERVIEW HELMS BAKERY DISTRICT Today a mecca of modern furniture and design, Helms Bakery District boasts a rich and flavorful past. First opening its doors in 1931, family-owned and operated Helms Bakery supplied local residents with its fresh-baked bread delivered “Daily at Your Door” for over four decades. While no longer in the business of baked goods, the Helms Bakery building remains a cherished local landmark, recognized for its architectural significance. Award-winning restaurants include Father’s Office and Lukshon, and a unique collection of design and home furnishings stores such as Room & Board, H.D. Buttercup, and Rejuvenation The landmark building nestled in Culver City is easy to get to and located just one block east of the Metro Expo Line.

A collection of the world’s most innovative merchants, chefs, and creative companies housed in the Hayden Tract... PLATFORM Platform is a new shopping development located next to the Metro Expo Line’s Culver City Station. Platform consists of about 50,000 square feet of retail and restaurant space and 80,000 square feet of creative and office space. The shopping experience will combine high-style, hard-to-find wares, good eats, and art exhibitions. Tenants include SoulCycle, Aesop, Loqui, a taqueria and Cannibal, a meat focused restaurant and butcher shop. WESTFIELD CULVER CITY SHOPPING CENTER Westfield Culver City is anchored by Best Buy, JCPenney, Macy’s, BJ”s Restaurant and Brewhouse, Gold’s Gym, and Target. A Trader Joe’s, Sprouts Farmers Market, Office Depot, BevMo, are adjacent. STUDIO VILLAGE A shopping center located on Jefferson Boulevard and Sawtelle Boulevard. The shopping center includes a Toy’s R Us, Pavillions, TJ Maxx, PetSmart, Bed Bath & Beyond, Target, and Ross. 35 AREA OVERVIEW CULVER CITY ART DISTRICT

The Culver City Arts District encompasses more than 35 contemporary art galleries, 25 boutique and design retailers and 17 specialty restaurants and coffee bars. It is also home to creative enterprises such as architecture, advertising, culinary arts, post production and interior design. Located on Washington Boulevard between Helms and Fairfax Avenues as well as La Cienega Blvd. between Venice and Fairfax Avenue it is easily accessible by both the Culver City and La Cienega Expo Stations.

Notable places of interest include Cognoscenti Coffee, Coolhaus for icecream, Father’s Office, which is home to celebrty chef Sang Yoon’s famous burger, and Industry Cafe and Jazz for Ethiopian fare.

Coolhaus Brunello Trattoria The Mandrake

LUKSHON RESTAURANT Pinches Tacos Industry Coffee & Jazz Cognoscenti Coffee CULVER CITY • CULVER AREA OVERVIEW Culver City Arts District is a unique collection of contemporary art galleries, artist studios, boutique restaurants and retailers hailed by USA Today as one of the 10 “best arts districts” in the nation.

37 AREA OVERVIEW CULVER PUBLIC MARKET

The Culver Public Market Hall Project is a 1.6 acre project located on the two northerly corners of Washington Boulevard at Centinela Avenue. The project is a public market featuring artisanal vendors under one roof to sell their products such specialty cheeses and charcuterie, a bakery, chocolatier and related confections, wine, locally grown produce, specialty coffee, flowers, organic meats, and other high-quality products. The City has selected Regency Centers to develop the project. The Culver Public Market, totaling approximately 26,000 square feet of rentable space, will rise from two long-vacant lots. Completion and opening anticipated early in 2020.

As part of the project, the City will be constructing an adjacent parking structure providing market hall parking as well as extra public parking for the Washington West Business District.

LUKSHON RESTAURANT CULVER CITY • CULVER AREA OVERVIEW The long-awaited project has been built as the Westside’s answer to Grand Central Market

39 AREA OVERVIEW METRO EXPO LINE The Expo Line extension from Culver City to Santa Monica opened on May 20, 2016. With the opening of the Metro Expo Line extension, travelers can ride from Downtown L.A. to Santa Monica in 45 minutes. The Expo Line is part of the greater Metro Rail system, connecting Santa Monica with Hollywood, Pasadena, Long Beach, San Fernando Valley, and the South Bay and dozens of points in between. The Expo Line extension from Culver City to Santa Monica opened on May 20, 2016. The 6.6-mile extension adds seven stations, offering convenient access to Santa Monica, Sawtelle Japantown, Westwood Village and numerous hotels, museums, restaurants and shopping destinations. connects riders to Santa Monica or Downtown Los Angeles. Convenient access to Santa Monica and Downtown Los Angeles...

LUKSHON RESTAURANT CULVER CITY • CULVER AREA OVERVIEW Convenient access to Santa Monica and Downtown Los Angeles...

TOP 10 EMPLOYERS # Employer # of Employees 1 Sony Pictures Entertainment 3,200 Culver City is home to many large corporations. Sony Pictures Entertainment 2 Southern California Hospital at Culver City 1,000 is the largest employer in Culver City, employing approximately 3,200 people. Culver City is also home to the NFL Network, Symantec, and Beats by Dre. 3 Symantec 900 Entertainment and tech companies are flocking to the Culver City market to 4 Culver City Unified School District 771 take advantage of the unique adaptive reuse creative office spaces and its central location. 5 City of Culver City 760

6 Goldrich & Kest Industries, LLC 717 Another prominent area where web content companies are clustering is around the Hayden Tract in Culver City. Mahalo.com is a video and web 7 West Los Angeles College 575 company, Sugar Publishing, the parent company of the popular video site 8 NFL Media 500 Popsugar, and Maker Studios, a YouTube content company all have leased space at the Hayden Tract. Long known for its Hollywood studio connections, 9 Target 475 Culver City has quietly become a haven for tech startups and such big-name 10 Beats by Dre 450 companies as Beats Electronics and multichannel network Fullscreen.

41 AREA OVERVIEW Marina Del Rey, CA

Marina del Rey is an unincorporated seaside community in Los Angeles County, California, with a marina that is a major boating and water recreation destination of the greater Los Angeles area. The marina is North America’s largest man-made small-craft harbor and is home to approximately 5,000 boats. The area is a popular tourism destination for water activities such as paddle board and kayak rentals, dining cruises, and yacht charters. This Westside locale is approximately 4 miles south of Santa Monica, and 4 miles north of Los Angeles International Airport.

POINTS OF INTEREST • Waterside Marina Del Rey • Ritz Carlton - Marina DelRey • Cheesecake Factory • Marla’s • Mendocino Farms • Sugarfish by Sushi Nozawa • The Counter • California Pizza Kitchen • C&O Trattoria • Lemonade

AREA OVERVIEW • MARINA DEL REY AREA OVERVIEW • Joe’s Restaurant Surrounded by award winning restaurants, world famous beaches, and unlimited marina activities, there is something here for everyone.

ENTERTAINMENT 1 Venice Beach 2 Abbott Kinney 7 3 Fisherman’s Village 7 6 4 Main Street Shops & Restaurants 5 5 3rd Street Promenade 6 Santa Monica Pier/Beach 7 Downtown Culver 8 8 8 2 Santa Monica Museum of Art RETAIL 1 Westside Marina Del Rey 2 8 VIlla Marina Marketplace 3 Abbott Kinney Shops 3 4 Westfield Fox Hills 6 5 5 Santa Monica Place 7 5 6 3rd Street Promenade 6 7 Westfield Century City 8 Westside Pavillion 4 4 EMPLOYMENT 3 1 Loyola Marymount University 2 Softscript Inc 2 1 3 Sony Pictures Entertainment 2 4 United States Postal Services 5 1 Professional Security Consultants 3 1 6 Hyatt Regency Plaza Hotel 7 SunAmerica Inc 8 Kaiser Permanente 4 9 Centennial Hospital 9

43 AREA OVERVIEW Venice, CA

Venice embodies the Southern California spirit - attracting visitors and transplants from all over the world. Known as the hub of creativity and artistic expression, the cool, innovative, and successful come to soak up the sun and experience all the unique sights that make Venice special. From luxurious homes along the Venice canals to the bohemian lifestyle found along Venice Beach, Venice is a place for anyone looking to live, work and play in this one-of-a-kind, culturally diverse seaside community. A collection of the world’s most innovative merchants, chefs, and creative companies housed in the Venice, California... Venice Beach is a beach-front neighborhood located in Los Angeles, California. It was founded as a seaside resort town back in 1905 and was independent until it merged with Los Angeles in 1926. The Venice Beach Boardwalk, also known as Ocean Front Walk, is the second most-visited destination in Southern California, with an average of over ten (10) million visitors per year from all over the world. The Venice Beach Boardwalk stretches over two (2) miles and hosts hundreds of street vendors and performers along with numerous privately owned restaurants and food venues.

Venice is adjoined on the northwest by Santa Monica, on the northeast by Mar Vista, on the southeast by Culver City, Del Rey and Marina Del Rey, on the south by Ballona Creek and on the west by the Pacific Ocean.

LUKSHON RESTAURANT AREA OVERVIEW • VENICE AREA OVERVIEW A collection of the world’s most innovative merchants, chefs, and creative companies housed in the Venice, California...

45 AREA OVERVIEW DEMOGRAPHICS 677,141 Total Population within a 5-mile radius of 12130 W Washington Boulevard. Median Age: 37 51% 51% EDUCATION MALE FEMALE

7% 17% 36% 19% High School or Less High School Graduate Bachelor’s or Associate Graduate Graduate Degree

POINTS OF INTEREST SCHOOLS AND COLLEGES PARKS BUSINESSES Culver Hotel Willows Community School Baldwin Hills Scenic Overlook Fullscreen Helms Bakery Turning Point School Blair Hills Park Maker Studios Westfield Culver City Wildwood School Carlson Park Beats by Dre Baldwin Hills Scenic Overlook Echo Horizon School Coombs Park Beats Music Farmer’s Market Culver City High School’s Culver City Park Nuclear Blast Kirk Douglas Theatre Academy of Visual and Syd Kronenthal Park West Los Angeles College Performing Arts

AREA OVERVIEW • DEMOGRAPHCHICS AREA OVERVIEW Ballona Creek Bicycle Path Veterans Park Antioch University Los Angeles West Lost Angeles College 1 MILE 3 MILES 5 MILES

2019 Population 46,054 284,546 67 7,141

2019 Households 18,957 129,989 305,874

2019 Average Household Size 2.40 2.10 2.10 677,141 46,051 Population Businesses 2019 Median Household Income $68,311 $85,927 $81,147 within 5-m radius within 5-m radius

2019 Average Household Income $92,022 $115,177 $110,900

2019 Owner Occupied Housing 6,338 48,183 105,743 Units

2019 Renter Occupied Housing 12,619 81,806 200,131 Units $115,177 $85,927 <$25,000 3,266 19,175 52,714 Average HH income Median HH income $25,000 - $50,000 3,746 19,289 47,755 within 5-m radius within 5-m radius

$50,000 - $75,000 3,369 19,228 43,478

$75,000 - $100,000 2,722 16,705 36,562

$100,000 - $125,000 1,715 13,728 31,582

$125,000 - $150,000 1,106 9,660 21,230

$150,000 - $200,000 1,301 11,360 25,501 105,743 200,131 Owner Occupied Households Renter Occupied Households $200,000+ 1,731 20,843 47,053 within 5-m radius within 5-m radius

47 SOUTHERN CALIFORNIA'S PREMIER SALES TEAM

BRANDON MICHAELS ANDREW LEFF Senior Managing Director of Investments First Vice President Investments Senior Director, National Retail Group Director, National Retail Group 12118-12130 Tel: (818) 212-2794 Tel: (818) 212-2815 Fax: (818) 212-2710 Fax: (818) 212-2710 [email protected] [email protected] License: CA #01434685 License: CA #01865688 12118-12130 W. Washington Boulevard, Los Angeles, CA 90066 www.BrandonMichaelsGroup.com www.BrandonMichaelsGroup.com