FOR SALE ±16219 SF Redevelopment Site Zoned For

Home , Century City, Marlton Square, West Los Angeles

2600-2610 S. ROBERTSON BLVD. FOR SALE ±16,219 SF Redevelopment Site LOS ANGELES, CA Zoned for: Commercial and Residential Los Angeles International Airport PACIFIC OCEAN EL SEGUNDO MARINA DEL REY Downtown Culver City Culver Steps Amazon CULVER CITY Culver Hotel Apple Trader Joe's Ivy Station One Culver Father's Office Culver City Sony Pictures Expo Line WeWork PALMS Nike HD Buttercup Equinox HAYDEN TRACT Beats by Dre Helms Bakery HBO

NATIONAL BLVD. Palms 10 Expo Line Helms Bakery District

Hamilton High School VENICE BLVD. CATTARAUGUS AVE. SANTA MONICA FWY HARGIS ST. 2600-2610 S. ROBERTSON BLVD. 10 LOS ANGELES, CA OLIN ST.

S. ROBERTSON BLVD. GIBSON ST.

BEVERLYWOOD ST.

W 25TH ST.

Retail Specialists Multifamily Specialists OFFERS DUE: Friday, September 25, 2020 TIMOTHY L. BOWER JENSEN TONER KAMRAN PAYDAR LAURIE LUSTIG-BOWER Senior Vice President Client Services Specialist Vice President Executive Vice President by 5:00PM +1 310 550 2521 +1 310 550 2605 +1 310 550 2529 +1 310 550 2556 [email protected] [email protected] [email protected] [email protected] www.2600Robertson.com Lic 08864693 Lic. 02059080 Lic. 01242590 Lic. 00979360 PACIFIC OCEAN SANTA MONICA MAR VISTA WEST LOS ANGELES

10 PALMS

SANTA MONICA FWY 10

2600-2610 S. ROBERTSON BLVD. LOS ANGELES, CA

S. ROBERTSON BLVD. OLIN ST.

GIBSON ST.

BEVERLYWOOD ST.

2600-2610 S. Robertson Blvd., Los Angeles, CA 2 CENTURY CITY BEVERLY HILLS WESTWOOD

RANCHO PARK

BEVERLYWOOD

2600-2610 S. ROBERTSON BLVD. LOS ANGELES, CA

DAVID AVE. W 24TH ST.

HARGIS ST. W 25TH ST.

BEVERLYWOOD ST.

S. ROBERTSON BLVD. GIBSON ST.

OLIN ST.

2600-2610 S. Robertson Blvd., Los Angeles, CA 3 DOWNTOWN LOS ANGELES

Jefferson/ La Cienega Kaiser Permanente WEST ADAMS

10 Cumulus District

SANTA MONICA FWY Shenandoah Street Elementary School 10

2600-2610 S. ROBERTSON BLVD. LOS ANGELES, CA OLIN ST.

W. 25TH ST.

BEVERLYWOOD ST.

GIBSON ST.

S. ROBERTSON BLVD.

2600-2610 S. Robertson Blvd., Los Angeles, CA 4 .

2600-2610 S. Robertson Blvd., Los Angeles, CA 5 1 2 3

EXECUTIVE AREA RENT AND SUMMARY OVERVIEW SALES COMPARABLES

S. ROBERTSON BLVD.

Retail Specialists Multifamily Specialists OFFERS DUE: Friday, September 25, 2020 TIMOTHY L. BOWER JENSEN TONER KAMRAN PAYDAR LAURIE LUSTIG-BOWER by 5:00PM Senior Vice President Client Services Specialist Vice President Executive Vice President +1 310 550 2521 +1 310 550 2605 +1 310 550 2529 +1 310 550 2556 [email protected] [email protected] [email protected] [email protected] www.2600Robertson.com Lic 08864693 Lic. 02059080 Lic. 01242590 Lic. 00979360 CENTURY CITY BEVERLY HILLS WESTWOOD

RANCHO PARK

BEVERLYWOOD

2600-2610 S. ROBERTSON BLVD. LOS ANGELES, CA

DAVID AVE. W 24TH ST.

HARGIS ST. W 25TH ST.

BEVERLYWOOD ST.

S. ROBERTSON BLVD. GIBSON ST.

OLIN ST.

EXECUTIVE SUMMARY 2600-2610 S. ROBERTSON BLVD. THE OPPORTUNITY CBRE, Inc., as exclusive agent is pleased to present for sale a ±0.37-acre infill Local shopping and dining options include bustling Downtown Culver City, redevelopment site with the potential to build ±24,329 square feet by right local Robertson Boulevard and Venice Boulevard eateries, the Pico Boulevard and ±32,843 with State Density Bonus in the highly desirable Beverlywood commercial district, Westwood, Beverly Hills and Century City. neighborhood of West Los Angeles, California. Key employment centers are located in the immediate neighborhood or within Located north of Interstate 10 at 2600-2610 South Robertson Boulevard, short commuting distance including: the Property is zoned for C4-1VL-CPIO which allows for commercial and residential uses. Beverly Hills Westwood/UCLA Culver City Brentwood The Property has great visibility with ±200 feet of frontage along highly Century City Silicon Beach trafficked Robertson Boulevard and ±80 feet of frontage along Beverlywood Santa Monica South Bay Street, and boasts a “Very Walkable” WalkScore of 85 out of 100. Playa Del Rey

2600-2610 S. Robertson is proximate to: The immediate neighborhood contains a wide array of daily needs shopping and • An abundance of retail, shopping and entertainment amenities service businesses, including restaurants, a Sprouts Market on Venice Boulevard, • Numerous key employment centers a Target on La Cienega Boulevard, and a planned Whole Foods Market. • Average value of owner-occupied housing units within 1-mile: $1,316,076 • Three Metro Expo Line stations Current improvements on the Property consist of ±6,565 SF of building area • Easy access to ocean front and hiking trail recreation located on ±16,219 SF of land with leases that are all month to month.

West Los Angeles is an ideal location to live, work, and play. 2600-2610 S. Robertson Boulevard is being marketed on an unpriced basis. Education and income demographics in the immediate area are exceptional: 62.1% of the population has a Bachelor’s or Master’s/Professional/Doctorate Offer Due Date: Friday, September 25, 2020 by 5:00PM Degree and 2025 projected household income is $149,518. www.2600Robertson.com

S. ROBERTSON BLVD.

BEVERLYWOOD ST.

2600-2610 S. Robertson Blvd., Los Angeles, CA 8 OPPORTUNITY HIGHLIGHTS

• Excellent West Los Angeles Location • “Very Walkable” WalkScore of 85 out of 100 • Development supported by strong multifamily demand drivers • Great Visibility with ±200 Feet Along S. Robertson Blvd. & ±80 Feet Along Beverlywood St. • Exposure of up to ±48,000 Vehicles Per Day

• Abundance of Local Restaurant and Retail Amenities:

Local shopping and dining options include bustling Downtown Culver City, local Robertson Boulevard and Venice Boulevard eateries, the Pico Boulevard commercial district, Westwood

Minutes to Century City, Beverly Hills, and Santa Monica

• Key Employment Centers are Adjacent or Nearby:

Beverly Hills Westwood/UCLA Culver City Brentwood Century City Silicon Beach Santa Monica South Bay Playa Del Rey

2600-2610 S. Robertson Blvd., Los Angeles, CA 9 OPPORTUNITY HIGHLIGHTS

• Exceptional Demographics 2025 projected household income of $149,518 • Close to Three Metro Expo Line Stations: Robertson/Venice, Palms, La Cienega/Jefferson

Access to Santa Monica Pier, Downtown Los Angeles and points in between

• Enjoyment of Local Cultural Amenities Getty Center Hammer Museum, Westwood The Broad Stage, Santa Monica (Performing Arts) Wallis Annenberg Center for Performing Arts, Beverly Hills Geffen Playhouse, Westwood The Actors’ Gang, Culver City Century City Mall Downtown Culver City

• Abundant and Beautiful Recreation Minutes to ocean and beachfront Hiking trails Neighborhood parks and recreation centers

2600-2610 S. Robertson Blvd., Los Angeles, CA 10 PROPERTY INFORMATION

2600-2610 S. Robertson Blvd. Property Address Los Angeles, CA 90034 4301-007-001 (2600 S. Robertson Blvd.) APN 4301-007-002 (2610 S. Robertson Blvd.) ±16,219 SF Lot Size ± 0.37 Acres

Zoning C4-1VL-CPIO

Transit Oriented Community No

1.5:1 (By Right) Permitted FAR 2.025:1(Max) 45 Feet (By Right) Height Limit 56 Feet (Using the Statewide Density Bonus) Approximately 6,565 SF of building area Current Improvements located on ±16,219 SF of land with leases that are month to month ±200 Feet Along S. Robertson Blvd. & Frontage ±80 Feet Along Beverlywood

Entitled No

City Council District 10 - Herb J. Wesson, Jr.

2600-2610 S. Robertson Blvd., Los Angeles, CA 11 RENT ROLL (August 2020)

Monthly Lease Lease Unit Tenant Name Comments Rent Terms Expiration 8972 VACANT $0 - -

Has not paid rent since April 1, 2020 due to 2600 Art & Soul Tattoo $2,300 MG* MTM COVID-19 closure.

Monthly rent was $1,900. Negotiated a discount 2602 Mostly Angels $1,400 MG* MTM and pre-paid to Dec 31, 2020 at $1,400 monthly rent. 2604 Eli’s Upholstery $1,900 MG* MTM 2606 VACANT $0 - - 2608 VACANT $0 - - Owner is currently negotiating a short term VACANT - Former Beverlywood Swim School 2610/2612 $0 - - lease of approximately 9 months at a rate of (Under Negotiation) approximately $10,000 per month. TOTAL $5,600 * Owner pays for water usage and trash removal.

BEVERLYWOOD ST.

S. ROBERTSON BLVD.

2600-2610 S. Robertson Blvd., Los Angeles, CA 12 CENTURY CITY BEVERLY HILLS WESTWOOD

RANCHO PARK

BEVERLYWOOD

2600-2610 S. ROBERTSON BLVD. LOS ANGELES, CA

DAVID AVE. W 24TH ST.

HARGIS ST. W 25TH ST.

BEVERLYWOOD ST.

S. ROBERTSON BLVD. GIBSON ST.

OLIN ST.

AREA OVERVIEW 2600-2610 S. ROBERTSON BLVD. WEST LOS ANGELES

West Los Angeles is one of the most desirable residential and business locations in Los Angeles County. The submarket of West Los Angeles is generally defined as the area north of the 10 freeway, west of Century City/ Rancho Park, south of Wilshire Boulevard and east of Centinela Avenue. With its proximity to the Pacific Ocean, this location provides superior weather conditions compared to other (inland) areas of the county. Freeway access to the area is considered good with several points of ingress/egress to the 405 freeway as well as the 10 freeway. Housing prices along with apartment, retail, and office rents in the area are generally higher than most other regions in the county. Over the long term, the area is expected to retain its highly desirable reputation, establishing the benchmark for the remainder of the region. The long-term outlook for the West Los Angeles region is positive.

2600-2610 S. Robertson Blvd., Los Angeles, CA 14 .

2600-2610 S. Robertson Blvd., Los Angeles, CA 15 DEMOGRAPHICS DENSE URBAN Stats shown based on 3 mile radius. Source: CBRE Analytics 2020. INFILL LOCATION

POPULATION MEDIAN AGE 2020 Estimated Population 327,456 2020 Median Age 38 2025 Estimated Population 335,630

2020 Employees 246,578 TRAFFIC COUNTS

HOUSEHOLDS S. Robertson @ 24th 57,665 S. Robertson @ Hargis 57,197 2020 Households 140,861 S. Robertson @ Venice 90,522 2025 Households 143,485 National @ I-10 39,005

10 Freeway 267,355 AVERAGE HOUSEHOLD INCOME Source: CBRE Analytics 2020. 2025 Household Income (1 mile) $149,518

2025 Household Income (3 miles) $137,648

EDUCATION

Associate's/Bachelor’s Graduate or Professional Degree 62.1%

2600-2610 S. Robertson Blvd., Los Angeles, CA 16 rail destinationsacross County. LA system will expandRail 80stationsover 87 milesof and DowntownCalifornia) Los Angeles, the Metro City, USC (University Monica, ofSouthern Santa Fernando Valley. With 10 new stations serving Culver the SouthBay, andtheSan Pasadena LongBeach, by rail with Downtown Los Angeles, Hollywood, Los Angeles’ WestsideThe Metro connects Expo Line in less than40minutes. less than20minutes,andtoDowntown LosAngeles passengers theabilitytotravel in Ocean tothePacific Cienega/JeffersonLine allows Stations.TheExpo Robertson Culver City, Boulevard: andLa Palms less thanone-to-twomilesfrom 2600-2610S. Three separate Metro EXPOstations are Line located METRO LA Sherman Way Sherman Amtrak & Metrolink & Amtrak Metro Rail &Busway Chatsworth Warner Ctr Warner Warner Ctr Warner PACIFIC OCEAN PACIFIC Nordhoff Roscoe Roscoe

Downtown Santa Monica

Canoga 17th St/SMC MONICA SANTA De Soto WESTSIDE

26th St/Bergamot 2600-2610 S.ROBERTSON BLVD.

Pierce College Expo/Bundy

Tampa

Expo/Sepulveda FERNANDOSAN VALLEY LOS ANGELES, CA

Reseda Westwood/Rancho Park

Balboa Palms

Woodley Culver City LAX FlyAway

Sepulveda La Cienega/Jefferson Redondo Beach Redondo PURPLE LINE EXTENSION

Los Angeles River Van Nuys Expo/La Brea El Segundo Mariposa Douglas Woodman LAX Farmdale

Valley College Expo/Crenshaw LAX LINE LAX CRENSHAW/ CENTRAL LA CENTRAL Aviation/LAX LA CENTRAL SOUTH BAY SOUTH BAY Laurel Canyon Expo/Western

LAX Shuttle G 2600-2610 S. Robertson Blvd., LosAngeles, CA Hawthorne/Lennox Expo/Vermont Wilshire/Western North Hollywood SOUTH LA SOUTH LA

Crenshaw Expo Universal City/Studio City Jefferson/USC

Park/USC LATTC/Ortho San Pedro Wilshire/ Vermont/ Hollywood/Highland 7th St/Metro Ctr Institute Normandie Athens Hollywood/Vine

LAX FlyAway Long Beach Long Beach Hollywood/Western Manchester Slauson Hwy Coast Pacific Carson TransitCtr Gateway Harbor Rosecrans USC 37thSt/ Downtown Downtown Harbor Fwy Pico Vermont/BeverlyVermont/SantaVermont/Sunset Monica Wilshire/Vermont Pacific Pacific LA DOWNTOWN Avalon LA DOWNTOWN Westlake/MacArthur Park Av Av Grand / San Pedro St LATTC Pershing Square Washington Artesia Del Amo Rosa Parks Willowbrook/ 1st St 5th St Rosa Parks Willowbrook/ TowersWatts 103rd St/ Anaheim St Anaheim Pacific Hwy Coast Willow St Wardlow Del Amo Artesia Compton 103rd St/ Firestone Florence Slauson Vernon Watts TowersWatts LAX FlyAway LAX CONNECTOR REGIONAL Civic Ctr/CivicCtr/ Ctr/Civic Ctr/ Little Tokyo/ GATEWAYCITIES Arts Dist Grand Grand Grand

Long Beach Bl ParkParkParkPark

Pico/Aliso Chinatown Union Station Union Chinatown Lincoln/Cypress Heritage Sq Museum Southwest Park Highland Pasadena South Fillmore Del Mar Park Memorial Union Station Union Amtrak & Metrolink & Amtrak Los Angeles River Mariachi Plaza FlyAway LAX Lakewood Bl Lake

Allen Norwalk

Soto Sierra Madre Villa EASTSIDE EASTSIDE LAC+USC Medical Ctr Indiana SAN GABRIELSAN VALLEY SAN GABRIELSAN VALLEY Arcadia Maravilla East LA Civic Ctr Cal State LA Monrovia

Metrolink

Duarte/City of Hope El Monte Atlantic Irwindale APR 2017 Rail Station Rail East Los Angeles to Azusa Angeles Los East MAY 2016 lawa.org Pedroand San in LA Downtown Street Service Gold Line Green Line LAX Shuttle (free)LAX lawa.org/flyaway FlyAway LAX metrolinktrains.com Metrolink amtrak.com Amtrak PedroSan to El Monte Silver Line Hollywood toNorth Chatsworth Orange Line Redondo Beach to Norwalk Monica to Santa LA Downtown Line Expo to Beach Long LA Downtown Blue Line to Union StationWilshire/Western Purple Line to Union Hollywood StationNorth Red Line Service Street Busway Azusa Downtown Transfer Station Airport Shuttle Airport Rail Metro Regional Rail Regional MetroBusway

APU/Citrus College 17 Subject to Change metro.net Subject to Change CONSTRUCTION UNDER

Busway

Station

From 2600 -2610 S. Robertson Blvd. (without traffic)

Culver City 5 minutes Westwood 10 minutes

Santa Monica 8 minutes LAX Airport 14 minutes

Century City 8 minutes Hollywood 16 minutes

Beverly Hills 8 minutes Downtown Los Angeles 12 minutes

2600-2610 S. ROBERTSON BLVD. LOS ANGELES, CA

2600-2610 S. Robertson Blvd., Los Angeles, CA 18 CULVER CITY

Culver City is in high demand. It has become a prime destination to work, dine, shop and revel in the beauty of this historic movie town and its dynamic art scene. Culver City has become a focal point for culture and nightlife hosting an array of events while providing the clean and efficient transportation to reach them.

Culver City boasts an incredibly desirable demographic base - affluent, young, active and highly educated. With its centrality and a growing amount of retail as well as its housing and transportation options, many are choosing to live, work, and play in Culver City.

Downtown Culver City is a charming collection of outdoor cafes, unique shops, art galleries, creative offices and vibrant nightlife opening onto tree-lined boulevards. It boasts a City Hall of stunning architecture, Center Theatre Group’s nationally renowned Kirk Douglas. Striking landmark buildings are home to an array of entrepreneurial businesses and creative enterprises, along with a wide selection of retail and restaurant services for local residents to enjoy. Downtown Culver City offers the perfect combination of small-town charm, with all the benefits of cosmopolitan big- city living.

Culver City Employers Culver City is currently one of the most talked about office areas in Los Angeles. In the past few years, the area has experienced impressive tenant demand as well as outsized rent growth. This has spurred elevated construction levels and the pipeline is currently among the fullest of any submarket in L.A. today. Culver City has won several of the mega lease deals announced in L.A. and has benefited from the content production arms race underway in the city among the media juggernauts. Amazon, Apple, and HBO have all made sizable commitments to projects under construction.

The Platform 2600-2610 S. Robertson Blvd., Los Angeles, CA 19 Culver City & West Adams Area Development

Just a six minute drive from the Property, West Adams is located just East of Culver City is undergoing a major transformation. Spurred largely by the development of CIM Group, West Adams has quickly become one of Los Angeles’ fastest growing submarkets and is home to an array of excellent restaurants. Currently there are over 23 development sites located between S. Redondo Bvld. and S. Fairfax Ave. which will be developed into creative office, retail, residential and hospitality. West Adams will include over 40,000sf of retail, over 50,000sf of creative office, numerous mixed- use developments and hundreds of residential units.

2600-2610 S. ROBERTSON BLVD. LOS ANGELES, CA AREA DEVELOPMENT MAP

INTERSTATE 10 Westwood/ 14 Rancho 11 Arts District 1210 9 22 21 Blackwelder 9 Palms Creative 23 1033 55 Campus 44 WEST BLVD 88 Culver 66 7 ADAMS BLVD ADAMS BLVD 1 City 16 Hayden La Cienega/ Expo/ 15 HAUSER BLVD Jefferson La Brea 17 REDONDO BLVD 22 Tract Farmdale 14 18 FAIRFAX AVE LA BREA AVE Expo/ 19 Downtown Crenshaw 20 CRENSHAW BLVD

Culver City BUCKINGHAM RD Expo/ Western

12 13

Capri Capital Partners - Crenshaw Plaza 57671 WestHackman Adams Capital - Culver Steps 6 Carmel Partners - Cumulus 13 19 Goat HQ • Future Amazon HQ • 100,000SF Retail Redevelopment 8-story, 400 room hotel, 10,000 • 75,000SF Office, 45,000SF Retail • 1,200 Apartment Units SF or high end retail and a 10-story 148,000 SF Nearby Developments office tower and Public Plaza 20 Rios Clementi Hale HQ 7 Hackman Capital - Apple 2 Hackman Capital - Culver Studios • 85,000SF Office District Square Development 1 Hackman• CapitalFuture - Culver Amazon Steps HQ 6 Samitaur Constructs - (W)Rapper 14 6.5-acre site including 573 residential units 5109 W. Adams • Future• Amazon720,000SF HQ • 170,000sf Office and retail amenities 21 • CIM Group • 75,000sf Office, 45,000sf Retail 7 Carmel PartnersSamitaur - 115 Constructs Unit Mixed-Use - (w) Project Rapper 8 • Proposed and Public Plaza 8 Hackman• Capital170,000SF - Apple Office Lowe Enterprises - Ivy Station Watt Companies Development • 69 Resi Units 2 3 Hackman• CapitalMixed-Use - Culver Studios Project • 85,0000sf Office 15 9 492 residential units and 47,500 SF of retail • 6,000 SF Retail • Future• Amazon200,000SF HQ Office, 55,000SF Retail, 200 CIM - Mixed-UseRedcar DevelopmentProperties - Creative Office 10 9 CIM - Warehouse Purchase - Plans TBD • 720,000sfApartments, OfficeCIM - Mixed-Use 148 Room Development Hotel, 2 Acres of Development 11 3 Lowe EnterprisesOutdoor - Ivy Station Space CIM - Apartment Complex • Mixed-Use Project 12 4d Development - 115 Unit Mixed-Use Project Olson Homes Development - 100 residential 5135 W. Adams 4D Development - 115 Unit Mixed- 16 22 • 200,000sf Office, 55,000 sf Retail, 200 Apartments, 148 Room Hotel, 13 CIM - 78-Key Hotel town homes and condos and 13,500 SF of • CIM Group 10 Use Project 2 AcresLincoln of Outdoor Property Space - Apple HQ 14 CIM - 6-Story, 60-Unit Live/Work Office Building open space • Under Construction 4 4 Lincoln Property• 128,000 - Apple HQ SF Office • 10 Resi Units Expo Place • 128,000sf Office CIM - 6-story, 60-unit live/work office 17 5 Karney Properties - The Wesley 11 building 30,000 SF creative office conversion • 234 Apartments, 45,000sf Office, 30,000sf of Outdoor Space Karney Properties 5170 W. Adams 5 Marlton Square - New shopping center Expo Place • CIM Group • 234 Apartments, 45,000SF Retail, 12 18 • 50,000 SF Sweetgreen HQ 23 30,000SF of Outdoor Space with a residential component • Proposed • 43 Unit Hotel

2600-2610 S. Robertson Blvd., Los Angeles, CA 20 SANTA MONICA

Less than five miles from the subject site, the City of Santa Monica offers a plethora of retail and cultural amenities, and is an employment hub for nearly 290,000 daytime employees. Santa Monica attracts a large daytime workforce due to a large concentration of media and entertainment companies, such as Yahoo!, HBO, Hulu, Universal Music, Amazon, CBS, Riot Games, Red Bull, Google, Sony and Lionsgate Entertainment, inhabiting more than five million square feet of Class A and creative office space.

Santa Monica is centered on three miles of wide, sandy white beaches making it the ultimate beach destination in Southern California for residents and visitors alike. The city is the perfect beach town with a plethora of attractions. With its excellent economic and demographic fundamentals, Santa Monica is one of the nation’s most desirable locations for residents, companies, and retailers.

THE RELOCATION OF TECH COMPANIES TO SOUTHERN CALIFORNIA IS PART OF A GROWING MOVEMENT OF U.S. CITIES SEEKING TO DUPLICATE THE FORMULA THAT TURNED NORTHERN CALIFORNIA’S SILICON VALLEY INTO A MECCA OF SOCIETY-SHIFTING INNOVATION AND IMMENSE WEALTH.

– THE MERCURY NEWS 2600-2610 S. Robertson Blvd., Los Angeles, CA 21 WESTWOOD

Westwood is approximately 10 minutes by car from the Property. It is home to UCLA and the popular shopping area of Westwood Village. Westwood Village tenants include Whole Foods Market, Trader Joe’s, Target, Ralph’s, Urban Outfitters, Victoria’s Secret, Chipotle, Starbucks, Peet’s, The Coffee Bean & Tea Leaf, and CVS. Along Wilshire Boulevard, the Westwood office market is comprised of 12 office buildings comprising 3.6 million square feet of gross leasable area, housing nearly 10,000 jobs.

UCLA Statistics

• 45,921 UCLA total enrollment (2018-2019) • 14th in Global Ranking 2020 (U.S. News & World Report ranked) • First among public universities (2020 Wallstreet Journal/Times Higher Education) • First among public universities (2020) and 20th overall among national universities (U.S. News & World Report)

2600-2610 S. Robertson Blvd., Los Angeles, CA 22 CENTURY CITY

Century City is a prominent business community comprised of major industry sectors: legal, financial, entertainment, hospitality, medical, professional and retail services. This “city within a city” is home to a cluster of high-rises that command a visible stretch of L.A.’s skyline.

Nearly 50,000 people flock to Century City for the workday, but only approximately 6,000 Angelenos call this sleek, commercially-driven neighborhood home.

Though its population density thins at the end of the workday, Century City is rife with neighborhood infrastructure. Several shopping malls and a host of upscale restaurants contribute to a thriving retail and nightlife scene within this commercial center, including the 422,000-square-foot Westfield Mall development.

Westfield Mall New Century Plaza Development

Woodridge Capital Partners began construction on this $2.5 Billion project in 2016. The development consists of two 44-story towers, located at 2025 Avenue of the Stars, and will house a combined 268 luxury residences once completed. Architecture firm Pei Cobb Freed & Partners designed the twin towers, which are fashioned in the shape of Reuleaux triangles - a nod to the design of the iconic Century Plaza office towers across the street.

Right next to the towers, the historic Century Plaza Hotel is undergoing a full refurbishment and will transform into a 400-key Fairmont Hotel. It will include 63 condominiums on the upper floors, as well as 93,000 square feet of commercial space. Gensler and Marmol Radziner designed the 16-story adaptive reuse structure, building upon Minoru Yamasaki's original design.

As of October 2019, the Los Angeles Times reports that sales prices at for the new condominiums would range from as low as $2 million to more than $50 million. More than $200 million in pre-sales had been closed at that point in time.

Completion of the hotel is expected this Spring, while the toweres are scheduled to open in Spring 2021.

New Century Plaza Development 2600-2610 S. Robertson Blvd., Los Angeles, CA 23 BEVERLY HILLS

Beverly Hills is one of the most celebrated and desired destinations in the world. A name long associated with sophistication, glamour and elegance, Beverly Hills is a distinguished city offering the very best in hotels, shopping, dining and service. In the heart of it all sits Rodeo Drive – undeniably one of the most famous streets on the globe. With more than 100 world-renowned stores and hotels comprising its three magnificent blocks within the Golden Triangle, it is easy to become lost in the street’s splendor and charm.

Located in the heart of Los Angeles County, midway between downtown Los Angeles and the Pacific Ocean, the City is located approximately 3 miles north of 2600-2610 S. Robertson Blvd. The City was incorporated Rodeo Drive in 1914 and consists of approximately 5.7 square miles of Los Angeles County’s most prominent and expensive real estate. It is carried by the focus of the entertainment industry, retail sales and important business enterprises, as well as high income families and celebrities with high- value housing stock throughout the community.

Beverly Hills contains some of the most exclusive, private luxury residences in the world, with home prices among the highest in greater Los Angeles and the United States.

Beverly Hills’ surrounding communities and major employment centers includes the University of California Los Angeles, Westwood’s Wilshire Boulevard office and condominium corridor, Century City 20th Century Fox Studios, Cedars-Sinai Medical Center, Wilshire Boulevard’s Miracle Mile, Hollywood and West Hollywood.

The Four Seasons 2600-2610 S. Robertson Blvd., Los Angeles, CA 24 CENTURY CITY BEVERLY HILLS WESTWOOD

RANCHO PARK

BEVERLYWOOD

2600-2610 S. ROBERTSON BLVD. LOS ANGELES, CA

DAVID AVE. W 24TH ST.

HARGIS ST. W 25TH ST.

BEVERLYWOOD ST.

S. ROBERTSON BLVD. GIBSON ST.

OLIN ST.

RENT AND SALES COMPARABLES 2600-2610 S. ROBERTSON BLVD. RETAIL COMPARABLES RETAIL COMPS

Land Sale Comps Property address City Zip Sale Price Land Size $/SF Land Zoning Sale Date 9080 Pico Blvd. Los Angeles 90067 $6,000,000 0.30 AC (13,360 SF) $449 C4-1VL-O September 2019 3318-3322 La Cienega Pl. Los Angeles 90016 $29,000,000 1.32 AC (57,499 SF) $504 MR1 May 2019 6055 W. Pico Blvd. Los Angeles 90035 $6,542,433 0.33 AC (14,375 SF) $455 LAC4 June 2018 9500 W. Pico Blvd. Los Angeles 90035 $11,500,000 0.48 AC (20,909 SF) $550 LAC4 October 2017

Lease Comps Property address City Zip Tenant Size $/SF/Yr Term Transaction Date 1528 S. Robertson Blvd. Los Angeles 90035 Xotx Nursery 2,000 SF $46.20 MG 2 Years January 2020 8985 Venice Blvd. Los Angeles 90034 Pure Barre 1,770 SF $40.56 NNN 3 Years November 2019 8835-8837 Pico Blvd. Los Angeles 90035 Confidential 1,000 SF $48.00 NNN 5 Years June 2019

Properties for Lease Property address City Zip Use/Type SF Available Rent/SF/Yr 2839 S. Robertson Blvd. Los Angeles 90034 Retail 900 SF $54.00 MG 1800 S. Robertson Blvd. Los Angeles 90035 Retail 1,070 SF $50.40 NNN 1449 S. Robertson Blvd. Los Angeles 90035 Retail/Office 1,400 SF $40.80 + Utilities

You are solely responsible for independently verifying the information in this Memorandum. ANY RELIANCE ON IT IS SOLELY AT YOUR OWN RISK.

2600-2610 S. Robertson Blvd., Los Angeles, CA 26 MULTIFAMILY DEVELOPMENT PIPELINE

2600-2610 S. ROBERTSON BLVD. LOS ANGELES, CA

2 1 7 6 5 15 10

11 8 9 14 4

UNDER CONSTRUCTION

1 3311 La Cienega Blvd. 4 10412 W Venice Blvd. 7 3355 Overland Ave. 10 3570 Motor Ave. 13 5301 W Adams Blvd.

2 8809 Washington Blvd. 5 3608-3618 Dunn Dr. 8 3630-3638 Overland Ave. 11 3500 & 3524 S Chesapeake Ave. 14 3764-3766 S Motor Ave.

3 1056 S La Cienega Blvd. 6 10522-10528 Woodbine St. 9 3741 Motor Ave. 12 6001 W Pico Blvd. 15 3321 S La Cienega Blvd.

2600-2610 S. Robertson Blvd., Los Angeles, CA 27 MULTIFAMILY DEVELOPMENT PIPELINE

YEAR PROJECT NAME ADDRESS ZIP DEVELOPER PIPELINE STAGE BUILT

1 ARQ 3311 La Cienega Blvd. 90016 2021 Carmel Partners Under Construction

Lowe Enterprises Real 2 Upper Ivy 8809 Washington Blvd. 90232 2020 Under Construction Estate Group

3 1056 South La Cienega Boulevard 1056 S La Cienega Blvd. 90035 2021 Amoroso Companies Under Construction

California Landmark 10412 West Venice Boulevard 10412 W Venice Blvd. 90232 2021 Under Construction 4 Group

5 3608-3618 Dunn Drive 3608-3618 Dunn Dr. 90034 2020 Wiseman Residential Under Construction

6 10522-10528 Woodbine Street 10522-10528 Woodbine St. 90034 2021 Under Construction

7 3355 Overland Avenue 3355 Overland Ave. 90034 2021 RKR Partners Under Construction

8 The Jagger 3630-3638 Overland Ave. 90034 2022 Anejo Development Under Construction

9 3741 Motor Avenue 3741 Motor Ave. 90034 2020 Under Construction

10 3570 Motor Avenue 3570 Motor Ave. 90034 2021 Under Construction

11 3500 & 3524 South Chesapeake Avenue 3500 & 3524 S Chesapeake Ave. 90016 2021 Under Construction

12 6001 West Pico Boulevard 6001 W Pico Blvd. 90035 2021 Under Construction

13 5301 West Adams Boulevard 5301 W Adams Blvd. 90016 2020 CIM Group Under Construction

14 3764-3766 South Motor Avenue 3764-3766 S Motor Ave. 90034 2021 Under Construction

15 VOX 3321 S La Cienega Blvd. 90016 2021 Carmel Partners Under Construction

2600-2610 S. Robertson Blvd., Los Angeles, CA 28 Rent Comp Map MULTIFAMILY RENT SURVEY

Subject Property

1 3838 by CLG

2 Access Culver City

3 Harlow Culver City

4 M Lofts

2 4

1 3

Layout ID:L01 MapId:7278057 © 2020 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced.

2600-2610 S. Robertson Blvd., Los Angeles, CA 29 The buildings are currently offering varying free rent concessions due to COVID-19. (pgs 30-33)

1 3838 by CLG

86 Units 3838 Dunn Drive Culver City, CA 90232 (323) 379-1988

Completed Date Improvements Rating B+ February, 2018 Occupancy 91.9%

Common Area Amenities - Controlled Access, Fitness Center, 1 Spa, Rental Office - Stand Alone Parking - Total Parking - 117 Spaces, Covered Parking Is Available For An Additional $0 Per Month, Parking Type - Above Ground and Subterranean Functional Characteristics - Private Balcony/Patio Apartment Interior Amenities - Internet Access, Above Standard Ceiling Height, Microwave Ovens

Unit Type Unit Size (SqFt) Actual Rent Unit Description Count % of Total Unit Total Total SqFt Studio 2 2.33% 442 884 $2,594 $5.87 One Bedroom/Alcove 1 1.16% 552 552 $2,735 $4.95 One Bedroom 74 86.05% 648 47,987 $3,033 $4.68 Two Bedroom/One and Three Quarter Bath 8 9.30% 1,085 8,678 $4,080 $3.76 Three Bedroom/One and Three Quarter 1 1.16% 1,085 1,085 $4,318 $3.98 Bath Total/Average 86 100% 688 59,186 $3,139 $4.55 Source: Yardi

You are solely responsible for independently verifying the information in this Memorandum. ANY RELIANCE ON IT IS SOLELY AT YOUR OWN RISK.

2600-2610 S. Robertson Blvd., Los Angeles, CA 30

Source: Occupancy data derived from USPS records

Page 1 of 4 The buildings are currently offering varying free rent concessions due to COVID-19. (pgs 30-33)

2 Access Culver City

115 Units 8770 Washington Blvd Culver City, CA 90232 (310) 837-8770

Completed Date Improvements Rating A September, 2016 Occupancy 96.5%

Common Area Amenities - Controlled Access, Fitness Center, Clubhouse, 1 Swimming Pool, 1 Spa, Rental Office - Stand Alone Parking - Total Parking - 344 Spaces, Covered Parking Is Available For An Additional $0 Per Month, Parking Type - Above Ground and Subterranean Functional Characteristics - Private Balcony/Patio, Construction Type - Combination Other Factor - Major Street Exposure - Washington Blvd and National Blvd, View - Downtown Los Angeles Apartment Interior Amenities - Internet Access, Above Standard Ceiling Height, Microwave Ovens

Unit Type Unit Size (SqFt) Actual Rent Unit Description Count % of Total Unit Total Total SqFt Studio 3 2.61% 607 1,821 $3,377 $5.56 One Bedroom/Alcove 17 14.78% 762 12,954 $3,293 $4.32 One Bedroom 39 33.91% 754 29,388 $3,221 $4.27 Two Bedroom/Two Bath 34 29.57% 1,105 37,556 $4,691 $4.25 Two Bedroom/Townhouse/Loft/Two Bath 12 10.43% 1,289 15,468 $5,374 $4.17 Three Bedroom/Townhouse/Two and Three 9 7.83% 1,858 16,726 $6,175 $3.32 Quarter Bath Three Bedroom/Townhouse/Three and One 1 0.87% 1,844 1,844 $7,518 $4.08 Half Bath Total/Average 115 100% 1,007 115,757 $4,163 $4.14 Source: Yardi

You are solely responsible for independently verifying the information in this Memorandum. ANY RELIANCE ON IT IS SOLELY AT YOUR OWN RISK.

2600-2610 S. Robertson Blvd., Los Angeles, CA 31

Source: Occupancy data derived from USPS records

Page 2 of 4 The buildings are currently offering varying free rent concessions due to COVID-19. (pgs 30-33)

3 Harlow Culver City

131 Units 9901 Washington Blvd Culver City, CA 90232 (310) 845-9455

Completed Date Improvements Rating A-

February, 2016 Occupancy 90.8%

Common Area Amenities - Controlled Access, Fitness Center, Clubhouse, Rental Office - Stand Alone Parking - Total Parking - 253 Spaces, Covered Parking Is Available For An Additional $0 Per Month, Parking Type - Subterranean Functional Characteristics - Private Balcony/Patio, Construction Type - Steel Frame Other Factor - Major Street Exposure - Washington Blvd, View - Downtown Los Angeles Apartment Interior Amenities - Internet Access, Above Standard Ceiling Height, Microwave Ovens

Unit Type Unit Size (SqFt) Actual Rent Unit Description Count % of Total Unit Total Total SqFt Loft/Studio 7 5.34% 761 5,329 $3,934 $5.17 One Bedroom 14 10.69% 674 9,430 $3,304 $4.90 One Bedroom/Den 5 3.82% 825 4,125 $3,364 $4.08 One Bedroom/Townhouse/One and One 19 14.50% 852 16,179 $4,098 $4.81 Half Bath One Bedroom/Townhouse/Loft/One Bath 4 3.05% 848 3,392 $5,665 $6.68 One Bedroom/Townhouse/Den/One and 8 6.11% 923 7,380 $4,142 $4.49 One Half Bath Two Bedroom/One and One Half Bath 5 3.82% 833 4,165 $2,995 $3.60 Two Bedroom/Two Bath 21 16.03% 1,010 21,204 $3,749 $3.71 Two Bedroom/Townhouse/One and One 13 9.92% 1,109 14,420 $4,267 $3.85 Half Bath Two Bedroom/Townhouse/Two and One 6 4.58% 1,219 7,314 $4,138 $3.39 Half Bath Three Bedroom/Two Bath 9 6.87% 1,219 10,974 $4,229 $3.47 Three Bedroom/Three Bath 2 1.53% 1,315 2,630 $4,301 $3.27 Three Bedroom/Townhouse/One and One 4 3.05% 1,023 4,092 $4,348 $4.25 Half Bath Three Bedroom/Townhouse/Two and One 14 10.69% 1,412 19,762 $4,564 $3.23 Half Bath Total/Average 131 100% 995 130,396 $4,017 $4.04 Source: Yardi

You are solely responsible for independently verifying the information in this Memorandum. Source: ANY Occupancy RELIANCE data derived fromON USPS IT recordsIS SOLELY AT YOUR OWN RISK. Page 3 of 4

2600-2610 S. Robertson Blvd., Los Angeles, CA 32 The buildings are currently offering varying free rent concessions due to COVID-19. (pgs 30-33)

4 M Lofts

115 Units 3425 Motor Avenue Los Angeles, CA 90034 (310) 280-3900

Completed Date Improvements Rating B

October, 2014 Occupancy 93.9%

Common Area Amenities - Controlled Access, Four Laundry Facilities, Fitness Center, Rental Office - Stand Alone Parking - Total Parking - 175 Spaces, Covered Parking Is Available For An Additional $0 Per Month, Parking Type - Subterranean Functional Characteristics - Private Balcony/Patio, Construction Type - Frame Other Factor - Major Street Exposure - Motor Avenue Apartment Interior Amenities - Internet Access, Above Standard Ceiling Height, Microwave Ovens

Unit Type Unit Size (SqFt) Actual Rent Unit Description Count % of Total Unit Total Total SqFt Loft/Studio 80 69.57% 369 29,484 $2,357 $6.40 One Bedroom 35 30.43% 493 17,253 $2,625 $5.31 Total/Average 115 100% 406 46,737 $2,428 $6.04 Source: Yardi

You are solely responsible for independently verifying the information in this Memorandum. ANY RELIANCE ON IT IS SOLELY AT YOUR OWN RISK.

2600-2610 S. Robertson Blvd., Los Angeles, CA 33

Source: Occupancy data derived from USPS records

Page 4 of 4 DISCL AIMER AFFILIATED BUSINESS DISCLOSURE This Memorandum contains select information pertaining to the Property CBRE, Inc. operates within a global family of companies with many and the Owner, and does not purport to be all-inclusive or contain all subsidiaries and related entities (each an “Affiliate”) engaging in or part of the information which prospective investors may require to a broad range of commercial real estate businesses including, evaluate a purchase of the Property. The information contained in this but not limited to, brokerage services, property and facilities Memorandum has been obtained from sources believed to be reliable, management, valuation, investment fund management and but has not been verified for accuracy, completeness, or fitness for development. At times different Affiliates, including CBRE Global any particular purpose. All information is presented “as is” without Investors, Inc. or Trammell Crow Company, may have or represent representation or warranty of any kind. Such information includes clients who have competing interests in the same transaction. For estimates based on forward-looking assumptions relating to the general example, Affiliates or their clients may have or express an interest economy, market conditions, competition and other factors which in the property described in this Memorandum are subject to uncertainty and may not represent the current or future (the “Property”), and may be the successful bidder for the performance of the Property. All references to acreages, square footages, Property. Your receipt of this Memorandum constitutes your and other measurements are approximations. This Memorandum acknowledgement of that possibility and your agreement that describes certain documents, including leases and other materials, in neither CBRE, Inc. nor any Affiliate has an obligation to disclose to summary form. These summaries may not be complete nor accurate you such Affiliates’ interest or involvement in the sale or purchase descriptions of the full agreements referenced. Additional information of the Property. In all instances, however, CBRE, Inc. and its and an opportunity to inspect the Property may be made available to Affiliates will act in the best interest of their respective client(s), qualified prospective purchasers. You are advised to independently at arms’ length, not in concert, or in a manner detrimental to verify the accuracy and completeness of all summaries and information any third party. CBRE, Inc. and its Affiliates will conduct their contained herein, to consult with independent legal and financial respective businesses in a manner consistent with the law and all advisors, and carefully investigate the economics of this transaction and fiduciary duties owed to their respective client(s). Property’s suitability for your needs. ANY RELIANCE ON THE CONTENT OF THIS MEMORANDUM IS SOLELY AT YOUR OWN RISK. CONFIDENTIALITY AGREEMENT Your receipt of this Memorandum constitutes your The Owner expressly reserves the right, at its sole discretion, to reject acknowledgement that (i) it is a confidential Memorandum solely any or all expressions of interest or offers to purchase the Property, and/ for your limited use and benefit in determining whether you desire or to terminate discussions at any time with or without notice to you. All to express further interest in the acquisition of the Property, (ii) offers, counteroffers, and negotiations shall you will hold it in the strictest confidence, (iii) you will not disclose be non-binding and neither CBRE, Inc. nor the Owner shall have any it or its contents to any third party without the prior written legal commitment or obligation except as set forth in a fully executed, authorization of the owner of the Property definitive purchase and sale agreement delivered by the Owner. (“Owner”) or CBRE, Inc., and (iv) you will not use any part of this Memorandum in any manner detrimental to the Owner or CBRE, Copyright Notice Inc. If after reviewing this Memorandum, you have no further interest in © 2020 CBRE, Inc. All Rights Reserved. purchasing the Property, kindly return it to CBRE, Inc.

2600-2610 S. Robertson Blvd., Los Angeles, CA 34 2600-2610 S. ROBERTSON BLVD. FOR SALE ±16,219 SF Redevelopment Site LOS ANGELES, CA Zoned for: Commercial and Residential

S. ROBERTSON BLVD.