Hollywood Hills SFR Development 8536 Franklin Ave Los Angeles, CA 90069

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1 Unobstructed views of Downtown L.A and the Hollywood Hills basin 1,600 Sq./Ft midcentury modern SFR - Move in Ready South Eastern exposure provides expansive views 116 of frontage along Franklin Avenue Opportunity for expansion of existing SFR or new ground up construction Gradual down slopping grade For more information visit: Price: $2,888,000

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3 This brochure has been prepared to provide summary, unverified information to interested parties, and to establish only a preliminary level of interest in the subject development opportunity. The information contained in this brochure has been obtained from sources we believe to be reliable. However, Evanisko Realty & Investment, Inc. has not verified, and will not verify, any of the information contained herein, nor has Evanisko Realty & Investment, Inc. conducted any investigation regarding theses matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All interested parties must take appropriate measures to verify all of the information set forth herein. Please contact Evanisko Realty & Investment, Inc. for additional information and/or guidance pertaining to this opportunity. All offers and correspondence regarding this opportunity are to be directed to: Chris Martinez: chris@evaniskorealty.com & David Melaugh: Melaugh@evaniskorealty.com Phone: (818) Fax: (818) Evanisko Realty & Investment, Inc. BRE

4 Page 5: Property Summary Page 6: Property Boundary Map Page 7: Parcel Map Page 8: Property Location Page 9: Site Location: Amenities Page 10: Aerial Perspective #1 Page 11: Aerial Perspective #2 Page 12: Aerial Perspective #3 Page 13: Aerial Perspective #4 Page 14: Interior Perspective Page 15: Sale Comparable #1 Page 16: Sale Comparable #2 Page 17: Comparable Sales in Zip Code 1/1/2016 to 3/1/2017 Page 18: Transactional Guidance Table of Contents

5 Franklin Avenue is adjacent to The Bird Streets; home to the highest priced per foot residential sales in all of Los Angeles. The existing residential home boasts floor to ceiling windows that open to outdoor patios reminiscent of the infamous Sheats Goldstein Residence. Providing multiple outdoor patios and approx. 1,600 sq./ft. of interior space across two stories. Currently being used as a 1 bedroom Soho Loft, the property can be move-in ready. Or, multiple development scenarios, a financeable acquisition and ability to generate rental income while pursing plans for a renovation or new development. The mild down sloping topography provides unobstructed views of the DTLA skyline from this artistic midcentury modern home. The zip code has seen an 8% rise in sale prices over the past year and we often see homes selling over $2,000 per square foot. Upon leaving the 2 car garage, you will find yourself enjoying some of Los Angeles best attractions, hospitality and Sunset Plaza all within minutes. The Mondrian Hotel, Andaz Hollywood, Chateau Marmont Hotel and greatly anticipated The James Hotel. APN: Land Area: 7,119 SF Zoning: R1-1 General Plan: Low II Residential Existing Improvements: Single Family Home 1,600 SF 2 bedrooms 2 bathrooms (per title) Midcentury Modern architecture Topography: Hillside Downslope Entitlements: None Utilities: On property Council District: City of Los Angeles CD4 David Ryu Baseline Hillside Ordinance: Yes (Buyer to verify maximum residential FAR) Baseline Mansionization Ordinance: No Price: $2,888,000 Property Summary 5

6 Property Boundary Map 6

7 116 of Street Frontage Parcel Map 7

8 Property Location 8

9 0.5 miles The Sunset Strip, a stretch of Sunset Boulevard between Crescent Heights Boulevard and Doheny Drive, is one of L.A. s most iconic neighborhoods. It exists today as a showcase for the good life, providing elegant hotel rooms, live music venues and fine restaurants. The Sunset Strip has been a destination for music fans for more than four decades, boasting some of the area s most wellknown venues. -DiscoverLosAngeles.com- Site Location: Amenities 9

10 Century City Subject Property Aerial Perspective #1 10

11 Downtown LA Views Subject Property Aerial Perspective #2 11

12 116 Aerial Perspective #3 12

13 Aerial Perspective #4 13

14 Interior Perspective 14

15 $2,113 per foot $1,717 per foot Sale Comparable #1 15

16 $1,627 per foot $1,611 per foot Sale Comparable #2 16

17 Street Address Street Name Yr. Blt Sqft Lot Size Sale Price $/ft Date Sold DOM 1860 BLUE HEIGHTS ,531 92,702 $3,000,000 $1,960 9/12/ HOLLYWOOD ,036 11,418 $3,955,000 $1,943 1/27/ PINTO ,319 19,358 $4,450,000 $1,919 5/16/ BLUE JAY ,364 9,781 $4,750,000 $2,009 1/20/ RISING GLEN ,900 14,632 $4,900,000 $1,690 3/4/ SUNSET PLAZA ,000 5,996 $5,050,000 $1,683 2/23/ MARMONT ,000 6,925 $5,150,000 $1,717 8/26/ VIEWSITE ,000 5,643 $5,380,000 $1,793 9/30/ BLUE JAY ,702 9,909 $6,500,000 $1,756 7/18/ BELLGAVE ,600 23,307 $6,800,000 $1,889 11/30/ SUNSET PLAZA ,225 12,457 $6,875,000 $1,627 1/22/ DOHENY ,198 13,471 $6,875,000 $1,638 2/17/ STEBBINS ,549 6,979 $7,500,000 $2,113 3/4/ Rising Glen ,051 19,560 $9,150,000 $1,512 1/10/ ST IVES ,600 9,251 $9,400,000 $2,043 2/29/ THRASHER ,348 17,760 $10,250,000 $3,062 6/17/ NIGHTINGALE ,213 25,076 $11,000,000 $3,424 2/16/ NIGHTINGALE ,000 22,661 $13,200,000 $2,640 3/23/ RISING GLEN 9,400 51,297 $14,533,000 $1,546 3/1/ ST IVES 7,500 25,250 $15,400,000 $2,053 6/22/ NIGHTINGALE ,200 28,372 $16,335,000 $2,269 1/29/ DOHENY ,290 18,070 $20,000,000 $2,413 3/29/ ORIOLE ,530 20,622 $27,000,000 $2,155 1/15/ HUNTLEY ,256 $1,400,000 $1,636 8/18/ ROMAINE ,499 13,350 $2,900,000 $1,935 2/29/ Average $/ft $2,017 Comparable Sales in Zip Code 1/1/2016 to 3/1/

18 Evanisko Realty & Investment, Inc. has been retained on an exclusive basis by the owner to handle the marketing and disposition of this land asset. Title: Provident Title Alex Gomez Escrow: Seller s choice Price: $2,888,000 SUBMIT ALL PROPOSALS/INQUIRIES TO: Chris Martinez: chris@evaniskorealty.com & David Melaugh: Melaugh@evaniskorealty.com ALL PROPOSALS WILL BE REVIEWED BY LANDOWNER AND BROKER AS RECEIVED. For additional information/guidance on this and other development opportunities contact: Evanisko Realty & Investment, Inc. (818) or visit: Transactional Guidance 18