Alexander Sachs Brian Peterson
INVESTMENT OVERVIEW Coldwell Banker Commercial WESTMAC is proud to present 201-207 North Vermont Avenue available for purchase. This ±14,310 square foot building sits on ±14,580 square feet of land on the corner of Vermont Avenue and Council Street. The property is conveniently located less than a quarter mile from the Beverly/Vermont Metro Station and also enjoys easy access to the 101 freeway. The high ceilings and old world charm make the property appealing to a variety of owner-users including, but not limited to, production companies, art galleries, clothing stores, restaurants, or creative offices. Highlights: Transformative Neighborhood Transit Oriented Location Extremely Close Proximity to Beverly/Vermont Metro Station Tier 4 TOC (Buyer to Verify) Easy Freeway Access High Traffic Count Current Tenant is Owner/User Large Parking Lot High Ceilings Opportunity for new owner to use side of building for advertisement Rooftop boasts unobstructed 360 view of Hollywood sign, Silver Lake, and Downtown LA Elevator on site The high ceilings and old world charm make the property appealing to a variety of owner-users including, but not limited to, production companies, art galleries, clothing stores, restaurants, or creative offices.
PROPERTY DESCRIPTION Address: 201-207 North Vermont Avenue Los Angeles, CA 90004 APN: 5518-033-020 5518-033-019 Asking Price: Best Offer Year Built: 1929 Building SF*: ±14,310 SF (Does not include mezzanine) Land SF*: ±14,580 SF Zoning*: C2-1 Current Tenant: Owner-User T.O.C.*: Tier 4 Vermont/ Western Specific Plan Subarea B : Mixed Use Boulevards Parking: 30 spots Walk Score: 88 *All square footage and zoning taken from public records; buyer to independently verify
AREA SUMMARY 201-207 North Vermont Avenue is a centrally located property in Los Angeles, California, just south of East Hollywood, west of Silverlake and north of Koreatown. The area began its population boom due to an influx of immigrants, and has since become notable for its cuisine, entertainment and its film history. In the early 1930 s, as the film industry began to grow around the area, so did its popularity. The Ambassador Hotel, which hosted the Academy Awards in 1930, 1931, 1932 and 1934, is located just a mile away from 201-207 North Vermont Avenue. The area is also home to many historic buildings with art deco facades that have been preserved since they were built in the early 1900 s. To the north, the area once known as Prospect Park was renamed East Hollywood in the 1900 s. It has always utilized Southern California s seemingly perpetual sunshine to its advantage as it began to play host to silent films and later other movie studios. Along Sunset Boulevard the precursor to 20th Century Fox was launched, and the film industry flocked to the area. To the west in Silverlake, there is a large restaurant and bar scene; the area is also known as a mecca of the alternative and indie rock music scene in Los Angeles. Silverlake was once home to the first large Walt Disney Company studio, at the corner of Griffith Park Boulevard and Hyperion Avenue, which was built in the 1930 s. Since then other Hollywood projects have come to the area for both filming and studio locations. Because of the property s central location, all of Los Angeles most iconic area are just a short distance away.
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FLOOR PLAN First Floor Plan Mezzanine Plan Second Floor Plan The layout of 201-207 North Vermont Avenue is ideal for an owner-user/tenant who needs both storefront space as well as office space along one of Los Angeles s busiest arterial corridors. The first floors high ceilings and high visibility are perfect for a show room, while the mezzanine (which isn t included in the building s square footage on the property s title) already has both a private and open office set up. The second floor is very private, supplying a potential buyer/ tenant the opportunity to have ten to twelve individual offices. It is also possible that a new owner-user/tenant can open up the second floor by demolishing several non-bearing walls to create one larger creative space. Not to be forgotten, the rooftop boasts unobstructed 360 views of the Hollywood sign, Silver Lake, and Downtown Los Angeles, providing an opportunity to develop the rooftop into a lounge area for employees or visitors.
METRO LINE PROXIMITY 201-207 North Vermont Avenue 201-207 North Vermont is conveniently adjacent to the Vermont/Beverly Red Line Metro stop. The Red Line travels between Downtown Los Angeles and North Hollywood directly through Hollywood and the Mid-Wilshire District. Weekly ridership is estimated to be 16,919,415. Once the Purple Line is completed, Westsiders will easily be able to access Hollywood via the Purple and Red Line, of which Vermont/Beverly is a major stop along the way. 201-207 North Vermont Avenue
METRO RAIL & BUSWAY 201-207 North Vermont Avenue
201-207 NORTH VERMONT AVENUE Contact Information Alexander Sachs Brian Peterson 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. This statement with the information it contains is given with the understanding that all negotiations relating to the purchase, renting, or leasing of the property described above shall be conducted through this office. The above information should not be relied upon, and recipients of this brochure are strongly encouraged and advised to conduct their own comprehensive review and analysis of the Property. The text of this publication, or any part thereof, may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, storage in an information retrieval system, or otherwise, without prior permission.