FOR SALE MEDICAL OFFICE RETAIL RESTAURANT 8741 ALDEN DRIVE LOS ANGELES, CA 90048

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1 FOR SALE MEDICAL OFFICE RETAIL RESTAURANT 8741 ALDEN DRIVE LOS ANGELES, CA 90048

2 ALDEN DRIVE LOS ANGELES CALIFORNIA

3 PROPERTY FACTS & TERMS Highest & Best Offer PRICE ±5,101 SF* BUILDING SIZE ±6,098 SF LAND SIZE 1 NUMBER OF STORIES [Q] C2-1VL-0 ZONING APN NUMBER 1947 YEAR BUILT * Without outdoor patio PROPERTY HIGHLIGHTS Unique bow truss stand-alone building with great curb appeal and excellent frontage Located by Robertson Blvd. shopping corridor and adjacent to Cedars-Sinai Medical Center Covered outdoor patio seating Multiple uses are by right approved by the City of Los Angeles. Including medical, restaurant (existing), office, etc. Contact broker for details. 3

4 PROPERTY IMAGES 4

5 FLOORPLANS 1ST FLOOR ALDEN DRIVE 2ND FLOOR MEZZANINE ALDEN DRIVE 5

6 SITE PLAN PATIO ALLEY ALDEN DRIVE 6

7 ELEVATION 7

8 ALDEN DRIVE LOS ANGELES CALIFORNIA

9 NOTABLE COMPARABLES Address Beverly Blvd 8816 Burton Way 9090 Burton Way Melrose Ave 8755 Melrose Ave S Robertson Blvd 8624 Wilshire Blvd City, State Los Angeles, CA Beverly Hills, CA Beverly Hills, CA West Hollywood, CA Los Angeles, CA Los Angeles, CA Beverly Hills, CA Building Size 9,500 SF 3,800 SF 3,017 SF 11,295 SF 3,600 SF 5,166 SF 2,100 SF Sale Date 2/21/2018 2/20/ /15/2017 3/30/ /14/2017 7/30/2018 7/3/2018 Sale Price $16,948,500 $7,100,000 $5,900,000 $22,925,000 $8,025,000 $17,250,000 $3,500,000 Price/SF $1, $1, $1, $2, $2, $3, $1, Year Built Building Type Retail/Store Front Class C Medical Building Class C Medical Building Retail/Store Front Retail/Store Front Retail/Store Front Retail/ Offoce Store Front Comparable Statistics OFFICE LOW AVERAGE MEDIAN HIGH COUNT Sale Price $5,900,000 $6,500,000 $6,500,000 $7,100,000 2 RBA 3,017 SF 3,408 SF 3,408 SF 3,800 SF 2 Price/SF $1, $1, $1, $1, Actual Cap Rate Days on the Market Sale Price to Asking Ratio GENERAL RETAIL LOW AVERAGE MEDIAN HIGH COUNT Sale Price $3,500,000 $13,729,700 $16,948,500 $22,925,000 5 RBA 2,100 SF 6,332 SF 5,166 SF 11,295 SF 5 Price/SF $1, $2, $2, $3, Actual Cap Rate Days on the Market Sale Price to Asking Ratio 88.17% 91.71% 91.71% 95.24% 2 9

10 AERIAL VIEW LOT A PARKING RATES 1 Hour: $9.00 Each Additional 15 Min: $2.25 Daily Max: $17.50 Unreserved Spaces: Reserved Spaces ± $200/Month ± $300/Month HIGH STREET RETAIL OFFICE BEVERLY BLVD * Subject to market change N GEORGE BURNS RD HIGH STREET RETAIL N ROBERTSON BLVD HIGH STREET RETAIL LOT A ALDEN DR LOT B PARKING RATES 2 Hours: Free 3 Hours: $3.00 Each Additional 15 Min: $1.50 Daily Max: $12.00 Unreserved Spaces: Reserved Spaces ± $200/Month ± $300/Month * Subject to market change HIGH STREET RETAIL LOT B HIGH STREET RETAIL HIGH STREET RETAIL W 3RD ST 10

11 NEIGHBORHOOD STREET MAP 153 bulthaup Cuvee Kitross Sunglass Hut Chaser 134 Tanya Health 132 OndadeMar Swimwear 130 Sky 120 Max-Bone 118 Nicole Sassaman 116 OPTX By Bob 114 VINCE 112 MedMen 110 Lauren Moshi LF The Kooples All Saints 107 The Ivy Restaurant 113 Nous Model Mgmt/Nu Talent Agency W 3RD STREET Indigo Seas 76 Gasoline 100 Kitross Kids ALDEN DRIVE Kiehl s 106 Georgetown Cupcakes Robertson Blvd Public Parking The Fisher Project Splendid 117 Intermix 125 Chanel 127 Entrance to 2nd Floor Offices Leased Jovani 101 Kitson 154 Aram by Michael Aram SOUTH ROBERTSON BLVD Trumpet & Horn James Perse DC Ambassadord of Italian Excellence Peri.A NORTH ROBERTSON BLVD Robertson Plaza The Henry Restaurant, Blue Bottle Cafe, Box Union, Bibo Bar Curve 154 Les Pommettes 158 Starbucks 164 BEVERLY BOULEVARD Alden Drive

12 FOR SALE MEDICAL OFFICE RETAIL RESTAURANT 8741 ALDEN DRIVE LOS ANGELES, CA EXCLUSIVELY PRESENTED BY: DANIEL CHIPRUT Senior Managing Director T M danielc@ngkf.com CA RE License # STEVE SALAS Senior Managing Director T M steven.salas@ngkf.com CA RE License # Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Corporate RE License #