FOR SALE SANTA MONICA BOULEVARD OFFICE MEDICAL BILLBOARD LOS ANGELES, CA 90025

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1 FOR SALE OFFICE MEDICAL BILLBOARD SANTA MONICA BOULEVARD LOS ANGELES, CA 90025

2 SANTA MONICA BOULEVARD 04 Executive Summary 06 Property Information 08 Property Highlights 10 Floor Plans 12 Aerial Map 13 Area Overview 2

3 2018 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. 3

4 EXECUTIVE SUMMARY Coldwell Banker Commercial WESTMAC and Hatkoff Investments are pleased to present the opportunity to acquire Santa Monica Boulevard ( Property ), located along the north side of the famous Santa Monica Boulevard one-half block east of South Barrington Avenue. The Property consists of a two-story approximately 7,658-square foot building with approximately 1,846 square feet of medical space allowed by the city, on approximately 8,028-square feet of land. The building is home to a various office tenants for both general and medical use. Two billboards on the roof allow for additional income or personal use, while a spacious open-air parking lot located behind the building to accommodate tenants and visitors Santa Monica Boulevard is adjacent Santa Monica and Westwood, and is surrounded by various retailers and restaurants with access to plenty of street parking and public transportation Santa Monica Boulevard is a unique opportunity for an investor or owner-user looking for a prime medical office building in one of the most desirable urban office and retail markets in the world. 4

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6 PROPERTY INFORMATION Address Santa Monica Blvd, Los Angeles, CA Cross Street Building Size Land Size Santa Monica Boulevard and S. Barrington Avenue ± 7,658-square feet (± 1,846 square feet of medical space allowed by city) ± 8,028-square feet APN Parking Sixteen (16) striped spaces (Seventeen (17) spaces per certificate of occupancy) Built 1959 Zoning Uses Type of Ownership C2-1VL Office; Medical & General Fee Simple Asking Price $4,900,000 6

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8 PROPERTY HIGHLIGHTS High traffic location along Santa Monica Boulevard Two (2) Billboards on roof for additional income/personal use Amenity rich area and pedestrian friendly sidewalks Street & Alley Access Large parking lot and ample street parking Close to the 405 FWY and 10 & 405 FWY Interchange Centrally located to Brentwood, Santa Monica, Westwood and West LA Surrouded by dense residential in highly affluent demographic 93 WALKER S PARADISE 8

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10 FLOOR PLAN MEDICAL USE Santa Monica Boulevard FIRST FLOOR *Floor plans may not be accurate. Buyer to verify. 10

11 MEDICAL USE Santa Monica Boulevard SECOND FLOOR *Floor plans may not be accurate. Buyer to verify. 11

12 AERIAL MAP 12

13 AREA OVERVIEW Walking Distance to Shops, Restaurants, Entetainement & More Santa Monica Boulevard is located on the north side of Santa Monica Boulevard one-half (1/2) block east of South Barrington Avenue and one (1) block west of Barry Avenue. The Property s spectacular location puts it at the center of four (4) adjoining, highly affluent Los Angeles neighborhoods, including Brentwood, Santa Monica, West Los Angeles and Westwood. Santa Monica Boulevard s wide pedestrian friendly sidewalks are dotted with ample amenities, including restaurant, retailser and services. The Property is a short distance from Downtown Santa Monica, Sawtelle s Japantown, UCLA, and the beach. There is easy access to public transportation and is approximately one (1) mile west of the 405 freeway, close to the 405 and 10 freeway interchange. 13

14 11669 SANTA MONICA BOULEVARD FOR SALE T.C. Macker, CCIM President & Managing Director D BRE# Brian Hatkoff, CCIM Broker D BRE# Hatkoff Investments 1515 Sepulveda Boulevard Los Angeles, CA Mayall Street Chatsworth, CA 91311