WILSHIRE. Premier Retail Space Available Along the Wilshire Corridor in the heart of K-Town OFFERING. »» 4,791 SF Available (Divisible) »» Parking 4:1
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1 Premier Retail Space Available Along the Wilshire Corridor in the heart of K-Town OFFERING»» 4,791 SF Available (Divisible)»» Parking 4:1»» Rate $3.50 PSF NNN»» Ideal for: Café s / Full Service Restaurants / Gastropub / Beer Gardens / Fast Casual Restaurants / Market / Drug Store / Financial Institutions / Fitness»» Prominent Wilshire Blvd. Signage For more information, please contact: BILL DURSLAG Lic william.durslag@cbre.com PETER MENNE Lic peter.menne@cbre.com
2 Offering BUILDING DESCRIPTION»» 190 Residential Units»» 18 Stories»» Located at a Signalized Corner»» Four Levels of Below Grade Parking»» Units Range From Studios to Luxury Penthouses»» 2 blocks from the Wilshire / Vermont Metro Station»» Prominent Wilshire Blvd. Signage
3 Koreatown Los Feliz West Hollywood Fairfax Hollywood East Hollywood Silverlake Frogtown Hancock Park Larchmont Echo Park Windsor Square KOREATOWN Chinatown Westlake Mid-Wilshire DTLA Mid-City It s hard to imagine that two decades ago, K-Town, as it is known in local parlance, was a flash point for the Los Angeles riots: a low-rent district engulfed in flames. Today this sprawling, threesquare-mile community just west of downtown has become one of the city s hippest areas thanks to the continuing renovation of its rich architectural heritage, a new subway traversing its Wilshire Boulevard hub and recently opened boutique hotels like the Line and Normandie. Moreover, K-Town never sleeps, given its strong Asian and Latin work ethic and its clubs, bars, and restaurants that have become urban nightlife hubs. As the most densely packed part of Los Angeles it is also one of the city s most strollable, with Art Deco buildings and palm-lined boulevards. With the influence of three generations of Korean and Latino immigrants, these once mean streets have become a picturesque and prosperous Blade Runner -ish warren of ethnic culinary hot spots imbued with an Eastmeets-West sense of fun. - Finn-Olaf Jones, New York Times, 2015
4 Koreatown WESTERN AVENUE # Name Century West Partners Multi-Family 39 SOUTH NORMANDIE AVENUE 27 Tenant/ SOUTH VERMONT AVENUE BOULEVARD 47 OLYMPIC BOULEVARD Address Status Notes 621 S Vermont Ave Proposed 173 Units 02 2 Century West Partners 2974 W 6th Under 398 Units Construction 03 3 Coloy Holdings Multi-Family 811 S Catalina Street Proposed 269 Units 04 4 KP3, LLC Mixed-Use Redevelopment 3421 W 6th Street Proposed 53 Units 05 5 KANM Apartments above a Museum 605 S Vermont Ave Proposed 101 Units Jamison Services Office Repurpose to Residential Jamison Services Office Repurpose to Residential 2500 Wilshire Blvd Proposed 248 Units 3345 Wilshire Blvd Proposed 202 Units 08 8 Capri Capital Partners The Vermont 3150 Wilshire Blvd Existing 464 Units 09 9 Century West Partners 3100 W 8th Street Proposed 100 Units 10 Jamison Services 3875 Wilshire Blvd Proposed 220 Units 11 Jamison Services Wilshire & Catalina 3350 Wilshire Proposed 122 Units 12 Century West Partners K2LA Phase I 688 S Berendo Street Existing 130 Units 13 Under Century West Partners K2LA Phase II 680 S Berendo Street 170 Units Construction 14 Century West Partners K2LA Phase III 685 S Berendo Street Proposed 176 Units Olympic Blvd 3076 W Olympic Blvd Proposed 226 Units WEST 3RD STREET WEST 6TH STREET 6 WEST 8TH STREET Retailer Under Construction Proposed Existing # Name Tenant/ Address Status Notes S Manhattan Place 700 S Manhattan Place Proposed 162 Units 17 Hankey Group Wilshire and Hobart 3670 Wilshire Blvd Proposed 377 Units 18 Sydell Group: The Line Wilshire Boutique Hotel 3515 Wilshire Blvd Existing 388 Rooms 19 Wilshire & Ardmore Avenue 645 S Ardmore Ave Proposed 268 Units 20 Lafayette Adjacent 2867 Sunset Place Proposed 60 Units 21 The Westmore Jamison Services 3075 Wilshire Blvd Existing 123 Units Wilshire Blvd 3670 Wilshire Blvd Proposed 377 Units 23 The Nest Hotel 621 S Catalina Street Proposed 75 Rooms 24 Mixed-Use 940 S Western Ave Proposed 79 Units 25 Archeon Group Kingsley 535 S Kingsley Drive Proposed 83 Units 26 Archeon Group 2855 James M Woods Blvd Proposed 411 Units 27 The Kenmore by Canfield S Kenmore Ave Proposed 64 Units 28 Le Comptoir Tenant 3606 W 6th St Existing Restaurant in Hotel Normandie 29 Cassell's Hamburgers Tenant 3600 W 6th St Existing Notable Burger Joint 30 Meli's Italian Ice Tenant 4509 W 3rd St Existing Notable Ice Cream Tenant 31 Boba Bear Tenant 414 S Western Ave Existing Notable Beverage Tenant 32 The Normandie Club Tenant 3612 W 6th Street Existing Notable Bar 33 OB Bear Tenant 3002 W 7th Street Existing Notable Bar 34 HMS Bounty Tenant 3357 Wilshire Blvd Existing Notable Bar 35 Break Room '86 Tenant 630 S Ardmore Ave Existing Notable Bar 36 Ramen Burger Tenant 239 S Vermont Existing Notable Burger Joint 37 Apples Boba & Bakery Tenant 849 S Vermont Existing Notable Boba Place 38 Slurpin' Ramen Bar Tenant 3500 W 8th Street Existing Notable Ramen 39 Guelaguetza Tenant 3014 W Olympic Blvd Existing Notable Restaurant 40 Chapman Plaza Tenant 3465 W 6th Street Existing Cultural Plaza 41 Park's BBQ Tenant 955 S Vermont Existing Notable Restaurant 42 Palm Tree Café Tenant 3240 Wilshire Blvd Existing Notable Karaoke Bar 43 Iota Coffee and Bakery Tenant 528 S Western Ave Existing Notable Café 44 Aroma Spa & Sports Tenant 3680 Wilshire Blvd Existing Driving Range in the City 45 Koreatown Plaza Tenant 928 S Western Ave Existing Cultural Plaza 46 The Wiltern Theater Tenant 3790 Wilshire Blvd Existing Cultural Plaza 47 Wi Spa Tenant 2700 Wilshire Blvd Existing Notable Spa 48 Hotel Normandie Tenant 605 S Normandie Ave Existing Notable Hotel 49 Myung in Dumplings Tenant 3109 W Olympic Existing Notable Restaurant 50 Beer Belly Tenant 532 S Western Ave Existing Notable Bar 51 The Spoon Tenant 621 S Western Ave Existing Notable Fusion Restaurant 52 The Dragon Tenant 966 S Vermont Ave Existing Notable Ktown Restaurant for 35 Years 53 BCD Tofu Tenant 3575 Wilshire Blvd Existing Notable Restaurant 54 Kobawoo House Tenant 698 S Vermont Ave Existing Notable Restaurant 55 Ham Ji Park Tenant 3407 W 6th Street Existing Notable Restaurant 56 Boo's Philly Cheesesteak Tenant 3377 Wilshire Blvd Existing Notable Restaurant
5 By the Numbers DEMOS FOR NEIGHBORHOOD DENSITY CHART (POPULATION PER SQUARE MILE) 1 Mile 2 Miles 3 Miles 45, Median Age , Population 35, , ,805 1,221,202 30, , ,722 1,212,202 25, (est.) 135, ,441 1,253,767 20, (est.) 139, ,809 1,300,485 15, Household (2015) 50, , ,333 10, Households % Change 5, % 4.50% 4.30% % 4.40% 4.40% 5. Average Household Size % of Population w/4 year Degree 17.50% 19.30% 19.30% 0 Koreatown Westlake East Hollywood Pico-Union Maywood Harvard Heights Hollywood Walnut Park Palms Adams-Normandie 7. Average Income (2015) $39,715 $48,846 $50, Traffic Counts Wilshire Wilshire Pl 33,896 Wilshire S Virgil Ave 32,995 W 6 th S Commonwealth Ave 55,644 Wilshire S Westmoreland Ave 24,350 For more information, please contact: BILL DURSLAG Lic william.durslag@cbre.com PETER MENNE Lic peter.menne@cbre.com
6 Floor Plan FIRE RESERVOIR 140 RECYCLING ROOM 142 BYCICLE STORAGE 165 GARAGE 152 Wilshire Blvd. 4,791 SF Available (Divisible) ELEVATOR STORAGE 131 STORAGE 132 ELEVATOR LOBBY ELEVATOR 01 FIRE SERVICE ELEVATOR 03 FIRE SERVICE 145 TRASH CHUTE SORTER 130 WORK AREA 133 STAIR EXIT PASSAGEWAY 100 FCR 118 AV / TEL 106 BREAK ROOM / COPY / WORK 151 RESTROOM 112 RESTROOM 111 STAIR 02 VESTIBULE 152 STAIR VESTIBULE SECURITY DESK GROUND FLOOR GOLF SIMULATOR CORRIDOR MAIL ASSISTANT COMMUNITY COMMUNITY DIRECTOR DIRECTOR 109 FITNESS / 110 CARDIO/WEIGHTLIFTING LEASING LOBBY EQUIPMENT CONCIERGE DESK LOBBY 154 COLD STORAGE PACKAGE ROOM 108 EXIT PASSAGEWAY 115 DOMESTIC WATER BOOSTER PUMP ROOM 134 GAS METER ROOM 135 TRANSFORMER ROOM 137 LOUNGE 103 LOUNGE 117 PRIVATE FITNESS 360 FUTURE TRASH PICKUP ROOM 120 SWITCH ROOM 136 VESTIBULE 138 S. Virgil Ave CBRE, Inc. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction Wilshire Blvd_Brochure_v02HQ
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