FOR SALE 1242 PALMETTO ST

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1 ARTS DISTRICT 21,331 SQ. FT. BUILDING USER OR INVESTOR OPPORTUNITY E 6 TH ST TH ST FACTORY ARTS COMPLEX FACT CTOR ORY PL AT MATEO RETAIL/OFFICE COMPLEX AND 540 CAR PARKING STRUCTURE SUBJECT PROPERTY MATE O ST PALMET ETTO TO ST 1242 PALMETTO ST LOS ANGELES CALIFORNIA MOLINO LOFTS BARKER LOFTS

1242 PALMETTO ST LOS ANGELES CALIFORNIA 90013 PROPERTY HIGHLIGHTS Sandblasted Brick with Bow Truss

Adjacent to ±170,000 SF Retail/Office Development: At Mateo www.atmateo.

Retail, Showroom, Creative Office, Gallery, Flex, Technology, Filming, Design (Buyer Must Verify Use

and Palmetto St State Enterprise Zone (Buyer Must Verify) Shown By Appointment Only PROPERTY

±21,331 SF Land Size: ±23,210 SF Power: 400 Amps/120-240 Volts/1 Phase 3 wire APN: 5164-002-011

SMITH Principal LIC. ID. 00978736 323.767.2109 mdsmith@lee-associates.

INTERNATIONAL REACH. WORLD CLASS. LEE & ASSOCIATES - COMMERCE, INC. CORP. ID.

2 1242 PALMETTO ST LOS ANGELES CALIFORNIA PROPERTY HIGHLIGHTS Sandblasted Brick with Bow Truss ceilings Heart Of The Arts District - Near Urth Caffè, Blue Bottle Coffee, Zinc Cafe, Factory Kitchen Adjacent to ±170,000 SF Retail/Office Development: At Mateo Directly Across From Barker Lofts and Factory Lofts Arts Complex Potential for Multiple Uses: Retail, Showroom, Creative Office, Gallery, Flex, Technology, Filming, Design (Buyer Must Verify Use with City) Two Street Frontage on Factory PL. and Palmetto St State Enterprise Zone (Buyer Must Verify) Shown By Appointment Only PROPERTY INFORMATION Zone LAM3-1-RIO (Buyer Must Verify) Council District 14- Jose Huizar Building Size: ±21,331 SF Land Size: ±23,210 SF Power: 400 Amps/ Volts/1 Phase 3 wire APN: PRICING SUMMARY Unpriced. Submit Offer. FOR MORE INFORMATION, PLEASE CONTACT MIKE D. SMITH Principal LIC. ID mdsmith@lee-associates.com ALEKS TRIFUNOVIC, SIOR President atrifunovic@leewestla.com LOCAL EXPERTISE. INTERNATIONAL REACH. WORLD CLASS. LEE & ASSOCIATES - COMMERCE, INC. CORP. ID Citadel Drive, Suite 140, Los Angeles, California P: F: Lee-Associates.com and do not represent the current or future performance of the property. Buyers/tenants should consult with their independent advisors to determine if the property is suitable for their needs.

3 PROPERTY AERIAL E4 E4 TH ST TH ST BARKER LOFTS MOLINO LOFTS MAT ATEO STT S HEWI TT ST AT MATEO RETAIL/OFFICE COMPLEX AND 540 CAR PARKING STRUCTURE SUBJECT PROPERTY PALMET METTO TO ST FAC C TOR Y PL FACTORY ARTS COMPLEX

4 PROPERTY AERIAL E4 TH ST TH ST LA KRETZ INCUBATOR SHEWI TT ST BARKER LOFTS MOL INO ST MOLINO LOFTS MATEO ST PAL MET TO ST SUBJECT PROPERTY AT MATEO RETAIL/OFFICE COMPLEX AND 540 CAR PARKING STRUCTURE

5 E 1242 PALMETTO STREET LOS ANGELES PROPERTY AERIAL DOWNTOWN LOS ANGELES ARTS DISTRICT S A A LAM AM EDA ST E5 5 E5 TH SEA EA TON ST TH ST T ST COLYTO YTON SS ST PALMET TTO TO ST SUBJECT PROPERTY BARKER LOFTS MOL OLINO ST AT MATEO MOLINO LOFTS

6 PROPERTY AERIAL DOWNTOWN LA URTH CAFFE FOURTH & TRACTION SCIARC SCHOOL COLYTON ST LA KRETZ INCUBATION HEWITT ST BARKER BLOCK MOLINO ST PALMETTO ST 1242 PAL ME TTO ST AT MATEO RETAIL/OFFICE UNDER CONSTRUCTION FACTORY PL

7 MATEO ST 1242 PALMETTO STREET LOS ANGELES PROPERTY AERIAL FACTORY PL 1242 PALMETTO ST 1399 FACTORY PLACE AT MATEO RETAIL/OFFICE UNDER CONSTRUCTION PALMETTO ST

8 LOCATION AERIAL 101 ALAMEDA ST SEATON ST COLYTON ST URTH CAFFE TRACTION TRACTION AVE AVE FOURTH & TRACTION MIXED USE FACTORY PL PALMETTO ST SITE BARKER BLOCK LOFTS MOLINO LOFTS MOLINO ST E 4 TH ST 405 MATEO SCI-ARC SUN-CAL FUTURE MIXED USE DEVELOPMENT E 6 TH ST FACTORY KITCHEN & FACTORY ARTS COMPLEX AT MATEO RETAIL/OFFICE INDUSTRIAL ST CAMDEN RESIDENTIAL MATEO ST WILLOW ST 91,000 SF NEW OFFICE MILL ST CONWAY P S SANTA FE AVE LUCKY BRAND

9 FACTORY PLACE FRONTAGE PHOTO

10 PROPERTY PHOTOS

11 PROPERTY PHOTO

12 PROPERTY PHOTO

13 PROPERTY PHOTO

14 SITE PLAN MATEO STREET ±8,371 SF ±13,129 SF YARD GL PALMETTO STREET 1242 PALMETTO ST ±68 ±4,087 SF ±4,284 SF 1399 FACTORY PL ±13,129 SF FACTORY PLACE RR ±325 ALAMEDA STREET N NOTE: Drawing not to scale. The building is irregular shape. All square footages (and dimensions) are approximate and must be verified by Tenant/Buyer via survey. Owner or Broker make no representations regarding the exact building size.

15 = CEILING HEIGHT 1242 PALMETTO STREET LOS ANGELES AS BUILTS COUNTER UPPER CABINET FULL HEIGHT CABINET CLG OFFICE AREA: 4,311 SF SMALL WAREHOUSE: 4,178 SF LARGE WAREHOUSE: 12,842 SF EXTERIOR GROSS AREA: 21,331 SF

16 = CEILING FAN 1242 PALMETTO STREET LOS ANGELES AS BUILTS SOFFIT = THERMOSTAT = SPEAKER = VOLUME CONTROLS K = KEY PAD = ALARM CONTROLS = ELECTRICAL PANEL = ELECTRICAL OUTLET = SWITCH = CABLE JACK = CO2 DETECTOR = SMOKE DETECTOR = WALL MOUNTED FIXTURE M = MOTION SENSOR = CEILING-MOUNTED FIXTURE = CEILING MOUNTED ELECTRICAL OUTLET = RECESSED FIXTURE = TELEPHONE JACK = EXHAUST FAN = HANGING FIXTURE = FLUORESCENT LIGHT = LIGHT - EXTERIOR

17 OPEN TO BEYOND A 1242 PALMETTO STREET LOS ANGELES AS BUILTS SECTION

18 EAST 1242 PALMETTO STREET LOS ANGELES AS BUILTS SOUTH FINISHED GRADE (ALONG BUILDING LINE) FINISHED FLOOR # # = ROOF PITCH (RISE/RUN)

19 PARCEL MAP PROPERTY PARCEL

20 LOCATOR MAP New 98,000 SF Creative Office Building 300,000 SF Creative Campus Urth Caffe ARTS DISTRICT SITE At Mateo Development The Springs Factory Kitchen & Factory Arts Complex Sun-cal Future Mixed Use Development Camden Residential Santa Fe Future Lofts Mixed Use Brick Urban 7th & Bridge Lofts Bread Radish Future Lofts Lounge Market Amp Lofts Project Bestia Petty Cash Toy Taqueria Tony s Lofts Little HD Saloon Bear 726 Lofts Buttercup Biscuit Pizzanista Shorenstiein Church Future Pour Haus Lofts Stumptown & State Creative Wine Bar Cofee Office Everson Daily Dose Royce Bar Cafe Silver Lake Splits 59 Diamond Wine & Cheese Walnut American Building Uptown Tea Room Pup Soho House Hyperloop Green Bar Disillary Art House Lofts The Row 1.9 Million SF Creative Campus

21 PHOTOS OF PROPERTIES ACROSS THE STREET ON PALMETTO AND MATEO ST

22 ADJACENT PARKING STRUCTURE AT NEXT DOOR SITE: AT MATEO

23 PALMETTO STREET LOS ANGELES ADJACENT TO NEW RETAIL/OFFICE DEVELOPMENT: AT MATEO The below renderings are for the At Mateo development next door to the subject property PALMETTO

24 AREA DEVELOPMENTS 6AM PROJECT BY SUNCAL PAL ALME METT TTO ST & 1399 FAC ACTO RY PLA LACE

25 ARTS DISTRICT RESTAURANTS WURSTKÜCHE URTH CAFFÈ THE ESCONDITE 800 E 3 rd Street 451 S Hewitt Street 410 Boyd Street VILLAINS TAVERN BLUE BOTTLE COFFEE ANGEL CITY BREWERY 1356 Palmetto Street 582 Mateo Street 216 S Alameda Street CHURCH & STATE URBAN RADISH DAILY DOSE 1850 Industrial State 661 Imperial Street 1820 Industrial Street BREAD LOUNGE STUMPTOWN COFFEE AMERICANO 700 S Santa Fe Avenue 806 S Santa Fe Avenue 923 E 3rd Street BESTIA THE FACTORY KITCHEN LITTLE BEAR 2121 E 7 th Place 1300 Factory Place 1855 Industrial Street

ZIMAS REPORT City of Los Angeles Department of City Planning PROPERTY ADDRESSES 1242 E PALMETTO ST ZIP CODES 90013 RECENT ACTIVITY ne CASE NUMBERS CPC-2008-3125-CA CPC-2007-3036-RIO CPC-2001-4642-CRA

26 ZIMAS REPORT City of Los Angeles Department of City Planning PROPERTY ADDRESSES 1242 E PALMETTO ST ZIP CODES RECENT ACTIVITY ne CASE NUMBERS CPC CA CPC RIO CPC CRA CPC CPC CPU CPC GPC ORD ORD ORD SA2040 ENV CE ENV ND ENV MND AFF PRIOR-07/29/1962 6/13/2016 PARCEL PROFILE REPORT Address/Legal Information PIN Number 126A Lot/Parcel Area (Calculated) 21,610.1 (sq ft) Thomas Brothers Grid PAGE GRID H5 Assessor Parcel. (APN) Tract GUASTI TRACT Map Reference M B Block ne Lot "UNNUMBERED LT" Arb (Lot Cut Reference) 2 Map Sheet 126A A217 Jurisdictional Information Community Plan Area Central City rth Area Planning Commission Central Neighborhood Council Historic Cultural Council District CD 14 - Jose Huizar Census Tract # LADBS District Office Los Angeles Metro Planning and Zoning Information Special tes ne Zoning M3-1-RIO Zoning Information (ZI) ZI-2358 River Improvement Overlay District ZI-2452 Transit Priority Area in the City of Los Angeles ZI-2129 EAST LOS ANGELES STATE ENTERPRISE ZONE ZI-2317 Central Industrial Redevelopment Project General Plan Land Use Heavy Manufacturing General Plan Footnote(s) Yes Hillside Area (Zoning Code) Baseline Hillside Ordinance Baseline Mansionization Ordinance Specific Plan Area ne Special Land Use / Zoning ne Design Review Board Historic Preservation Review Historic Preservation Overlay Zone ne Other Historic Designations ne Other Historic Survey Information ne Mills Act Contract ne POD - Pedestrian Oriented Districts ne CDO - Community Design Overlay ne NSO - Neighborhood Stabilization Overlay Sign District Streetscape Adaptive Reuse Incentive Area ne Ellis Act Property Rent Stabilization Ordinance (RSO) This report is subject to the terms and conditions as set forth on the website. For more details, please refer to the terms and conditions at zimas.lacity.org (*) - APN Area is provided "as is" from the Los Angeles County's Public Works, Flood Control, Benefit Assessment. zimas.lacity.org planning.lacity.org

27 ZIMAS REPORT CRA - Community Redevelopment Agency Central Industrial Redevelopment Project Central City Parking Yes Downtown Parking Building Line ne 500 Ft School Zone 500 Ft Park Zone Assessor Information Assessor Parcel. (APN) APN Area (Co. Public Works)* (ac) Use Code Light Manufacturing(Machine Shops/ Printing) Assessed Land Val. $1,760,408 Assessed Improvement Val. $1,346,195 Last Owner Change 02/03/14 Last Sale Amount $1,700,017 Tax Rate Area 5117 Deed Ref. (City Clerk) Building 1 Year Built 1890 Building Class C5B Number of Units 0 Number of Bedrooms 0 Number of Bathrooms 0 Building Square Footage 22,265.0 (sq ft) Building 2 data for building 2 Building 3 data for building 3 Building 4 data for building 4 Building 5 data for building 5 Additional Information Airport Hazard ne Coastal Zone ne Farmland Area t Mapped Very High Fire Hazard Severity Zone Fire District. 1 Flood Zone ne Watercourse Hazardous Waste / Border Zone Properties Methane Hazard Site Methane Zone High Wind Velocity Areas Special Grading Area (BOE Basic Grid Map A ) Oil Wells ne Seismic Hazards Active Fault Near-Source Zone Nearest Fault (Distance in km) Nearest Fault (Name) Puente Hills Blind Thrust Region Los Angeles Blind Thrusts Fault Type B Slip Rate (mm/year) Slip Geometry Reverse This report is subject to the terms and conditions as set forth on the website. For more details, please refer to the terms and conditions at zimas.lacity.org (*) - APN Area is provided "as is" from the Los Angeles County's Public Works, Flood Control, Benefit Assessment. zimas.lacity.org planning.lacity.org

28 ZIMAS REPORT Slip Type Moderately / Poorly Constrained Down Dip Width (km) Rupture Top Rupture Bottom Dip Angle (degrees) Maximum Magnitude Alquist-Priolo Fault Zone Landslide Liquefaction Preliminary Fault Rupture Study Area Tsunami Inundation Zone Economic Development Areas Business Improvement District ARTS DISTRICT Promise Zone Renewal Community Revitalization Zone Central City State Enterprise Zone EAST LOS ANGELES STATE ENTERPRISE ZONE Targeted Neighborhood Initiative ne Public Safety Police Information Bureau Central Division / Station Central Reporting District 159 Fire Information Bureau Central Batallion 1 District / Fire Station 4 Red Flag Restricted Parking This report is subject to the terms and conditions as set forth on the website. For more details, please refer to the terms and conditions at zimas.lacity.org (*) - APN Area is provided "as is" from the Los Angeles County's Public Works, Flood Control, Benefit Assessment. zimas.lacity.org planning.lacity.org

29 ZIMAS REPORT CASE SUMMARIES te: Information for case summaries is retrieved from the Planning Department's Plan Case Tracking System (PCTS) database. Case Number: CPC CA Required Action(s): CA-CODE AMENDMENT Project Descriptions(s): Data t Available Case Number: CPC RIO Required Action(s): RIO-RIVER IMPROVEMENT OVERLAY DISTRICT Project Descriptions(s): THE ESTABLISHMENT OF AN ORDINANCE THAT FACILITATES DEVELOPMENT WITHIN THE LA-RIO BOUNDARIES TO ENHANCE THE WATERSHED, URBAN DESIGN AND MOBILITY OF THE AREA. THESE BOUNDARIES ARE ADJACENT TO, NOT INSIDE, THE LOS ANGELES RIVER ON LAND ALREADY ZONED FOR DEVELOPMENT. Case Number: CPC CRA Required Action(s): CRA-COMMUNITY REDEVELOPMENT AGENCY Project Descriptions(s): Case Number: CPC Required Action(s): Data t Available Project Descriptions(s): PRELIMINARY PLAN FOR THE PROPOSED DOWNTOWN RIVERFRONT INDUSTRIAL PROJECT IN COOPERATION WITH THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF LOS ANGELES. Case Number: CPC CPU Required Action(s): CPU-COMMUNITY PLAN UPDATE Project Descriptions(s): CENTRAL CITY NORTH COMMUNITY PLAN UPDATE PROGRAM (CPU) - THE CENTRAL CITY NORTH COMMUNITY PLAN IS ONE OF TEN COMMUNITY PLANS THAT ARE PART OF THE COMMUNITY PLAN UPDATE PROGRAM PHASE II ( TO ) Case Number: CPC GPC Required Action(s): GPC-GENERAL PLAN/ZONING CONSISTENCY (AB283) Project Descriptions(s): AB-283 PROGRAM - GENERAL PLAN/ZONE CONSISTENCY - CENTRAL CITYNORTH NORTH AREA - COMMUNITY WIDE ZONE CHANGES AND COMMUNITY PLAN CHANGES TO BRING THE ZONING INTO CONSISTENCY WITH THE COMMUNITY PLAN. INCLUDES CHANGES OF HEIGHT AS NEEDED. REQUIRED BY COURT AS PART OF SETTLEMENT IN THE HILLSIDE FEDERATION LAWSUIT (G/GREEN/BOWMAN)\ Case Number: ENV CE Required Action(s): CE-CATEGORICAL EXEMPTION Project Descriptions(s): THE PROPOSED ORDINANCE MODIFIES SECTION OF THE LOS ANGELES ADMINISTRATIVE CODE TO ALLOW ORIGINAL ART MURALS ON LOTS DEVELOPED WITH ONLY ONE SINGLE-FAMILY RESIDENTIAL STRUCTURE AND THAT ARE LOCATED WITHIN COUNCIL DISTRICTS 1, 9, AND 14. Case Number: ENV ND Required Action(s): ND-NEGATIVE DECLARATION Project Descriptions(s): THE ESTABLISHMENT OF AN ORDINANCE THAT FACILITATES DEVELOPMENT WITHIN THE LA-RIO BOUNDARIES TO ENHANCE THE WATERSHED, URBAN DESIGN AND MOBILITY OF THE AREA. THESE BOUNDARIES ARE ADJACENT TO, NOT INSIDE, THE LOS ANGELES RIVER ON LAND ALREADY ZONED FOR DEVELOPMENT. Case Number: ENV MND Required Action(s): MND-MITIGATED NEGATIVE DECLARATION Project Descriptions(s): CENTRAL CITY NORTH COMMUNITY PLAN UPDATE PROGRAM (CPU) - THE CENTRAL CITY NORTH COMMUNITY PLAN IS ONE OF TEN COMMUNITY PLANS THAT ARE PART OF THE COMMUNITY PLAN UPDATE PROGRAM PHASE II ( TO ) DATA NOT AVAILABLE ORD ORD ORD SA2040 AFF PRIOR-07/29/1962 This report is subject to the terms and conditions as set forth on the website. For more details, please refer to the terms and conditions at zimas.lacity.org (*) - APN Area is provided "as is" from the Los Angeles County's Public Works, Flood Control, Benefit Assessment. zimas.lacity.org planning.lacity.org

Zoning: M3-1-RIO APN: 5164002011 Block: ne General Plan: Heavy Manufacturing PIN

30 ZIMAS PUBLIC Generalized Zoning 06/13/2016 ZIMAS REPORT City of Los Angeles Department of City Planning Address: 1242 E PALMETTO ST Tract: GUASTI TRACT Zoning: M3-1-RIO APN: Block: ne General Plan: Heavy Manufacturing PIN #: 126A Lot: "UNNUMBERED LT" Arb: 2 Streets Copyright (c) Thomas Brothers Maps, Inc.

31 1242 PALMETTO ST LOS ANGELES CALIFORNIA FOR MORE INFORMATION, PLEASE CONTACT US MIKE D. SMITH Principal LIC. ID ALEKS TRIFUNOVIC, SIOR President LEE & ASSOCIATES - COMMERCE, INC. CORP. ID Citadel Drive, Suite 140, Los Angeles, California P: F: Lee-Associates.com VISIT TO VIEW THE FULL MARKETING PACKAGE

ARTS DISTRICT 60,000 SF

FOR LEASE 1240 PALMETTO ST LOS ANGELES CA 90013 E 6 TH TH ST FACTORY ARTS COMPLEX ARTS DISTRICT 60,000 SF OF CREATIVE SPACE $1.50 PSF/MO. NNN FACTOR ORY PL SUBJECT PROPERTY AT MATEO RETAIL/OFFICE COMPLEX