FOR SALE CITY WEST DEVELOPMENT OPPORTUNITY 130 S. BEAUDRY AVE LOS ANGELES, CA 90012
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1 FOR SALE CITY WEST DEVELOPMENT OPPORTUNITY 130 S. BEAUDRY AVE LOS ANGELES, CA FOR DETAILS: EON I. LEW BRE: TEL: AUSTIN RUSSELL BRE: TEL:
2 EXECUTIVE SUMMARY Located in the heart of Downtown LA s City West neighborhood, the subject site is an assemblage of five (5) separate parcels consisting of approximately 46,694 square feet. This is a rare opportunity to acquire substantial land with prime freeway visibility in one of Downtown LA s fastest growing neighborhoods (City West). Bounded by three major streets (Beaudry Avenue/1 st Street/2 nd Street), the site offers frontage on three separate streets along with dual intersection identity. Across the street from the subject property (North) is CANVAS LA, a beautiful 204 unit market-rate apartment complex, which is almost always fully leased. Situated in one of the few locations of Downtown LA that offer free street parking, the property is ideal for a residential, hotel, and/or office project. The subject site is central to some of Los Angeles most affluent neighborhoods such as Chinatown, The Historic Core, Little Tokyo, The Jewelry District, South Park, Koreatown, The Fashion District, The Arts District, Silver Lake, Echo Park, and many others. The property also gives easy access to Downtown amenities such as L.A. Live, Club Nokia, the LA Convention Center, Staples Center, restaurants, bars/clubs, hotels, markets, public transportation, and much more. SUBJECT SITE
3 TERMS Price Submit Offer Net Operating Income - $26,400 (Annual) Zoning CW Lot Size - 46,694 Square Feet (Gross) Building A - 4,585 Square Feet +/- Building B - 9,412 Square Feet +/- Beaudry Avenue Frontage 310 Square Feet +/- 1 st Street Frontage Square Feet +/- 2 nd Street Frontage 85 Square Feet +/- Terms of Tenancy Month-to-month 2 ND ST APN NUMBERS & ADDRESSES No Address S. Beaudry Avenue W. 2 nd Street S. Beaudry Avenue S. Beaudry Avenue B A 1 ST ST
4 LOCATION HIGHLIGHTS High Freeway Visibility Bounded By Three Streets And The 110 Freeway Dual Intersection Identity Substantial Frontage on Three Separate Streets Located In The Heart Of City West Close To Staples Center / LA Live / Club Nokia / LA Convention In A High Density Area, With A Rapidly Growing Demand For Retail, Residential, and Creative Office Easy access to Downtown Central Business District, Arts District, Historic Core, Little Tokyo, Warehouse District And Many Other Bustling Neighborhoods Surrounded By Numerous Amenities, Restaurants, Retailers, and Boutiques Walking Distance to The Walt Disney Concert Hall, The Museum of Contemporary Art (MOCA), And The Los Angeles Superior Court Within Close Proximity to Southern California s Largest Concentration of Class A Office Towers, With More Than 30 Million Square Feet of Premier Office Space Easy Access to The Hollywood Freeway (101), Santa Monica Freeway (10), and the Harbor Freeway (110)
5 NORTH FACING VIEW
6 NORTHEAST VIEW
7 NORTHEAST VIEW
8 SITE PHOTOS
9 SITE PHOTOS
10 SUBJECT SITE SUBJECT SITE DOWNTOWN LA DEVELOPMENT
11 SUBJECT SITE SUBJECT SITE DOWNTOWN LA HOTEL DEVELOPMENT
12 CARTIFACT AERIAL MAP Copyright Car2fact 2015 = Subject Property
13 DA VINCI SUBJECT SITE Westin Bonaventure BIRD S EYE VIEW
14 CITY WEST NEIGHBORHOOD OUTLINE SUBJECT SITE
15 APARTMENTS RETAIL HOSPITALS/SCHOOLS ETC
16 ASSESSOR S PARCEL MAP
17 ZONING MAP SUBJECT SITE
18 DEMOGRAPHICS DOWNTOWN RESIDENTS PRODUCED BY
19 DEMOGRAPHICS DOWNTOWN EMPLOYEES PRODUCED BY
20 DEMOGRAPHICS DOWNTOWN VISITORS
21 TRANSPORTATION KEY STATISTICS Downtown to Pasadena Travel Time via Metro Gold Line 17 Minutes 1 Downtown to Culver City Travel Time via Metro Expo Line 27 Minutes 2 Downtown to Santa Monica Travel Time via Metro Expo Line (2015) 37 Minutes 1 Downtown LA Transit Investment $1.5 Billion 2 Proposed Los Angeles Streetcar Hours Daily- 18 Hours Per Day 1 Source: 1 -Expo Phase 2- EIR 2- Metro 4 -Los Angeles Streetcar, Inc.
22 FUTURE STREET CAR ROUTE Street Car Route
23 EON I. LEW BRE: TEL: J. AUSTIN RUSSELL BRE: TEL: KW Commercial. The informa8on herein has been derived from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representa8on about it. It is your responsibility to independently confirm its accuracy and completeness.
PRIME ARTS DISTRICT RETAIL SPACE 450 Seaton Street, Los Angeles, CA 90013
PRIME ARTS DISTRICT RETAIL SPACE EON I. LEW BRE: 01730294 Direct: 818 395 8053 Email: eonlew@kw.com KARAMA CARTER BRE: 01476732 Direct: 310 910 3302 Email: karamacarter@kw.com PRIME ARTS DISTRICT RETAIL
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