Visconti Property HIGHLIGHTs: Visconti is a mixed-use project with 297 luxury apartments above 9,261 square feet of retail. It was developed by G.H. Palmer Associates in 2007. It is surrounded by extensive residential developments as well as significant offices such as the LAUSD Headquarters and Chamber of Commerce. Since opening, the project has added hundreds of new residents to City West. The retail will activate and energize the sidewalks with various shops, restaurants and services. It marks the growing evolution of downtown Los Angeles as the expansion of the Historic Core continues westward. > > Available Space: 1,049 5,195 SF > > Lease Rate: $2.50 to $3.50 NNN > > Lease Term: 5-10 years > > Availability: Immediately > > Parking: 4/1,000
AREA Highlights: > > Adjacent to LAUSD Headquarters > > Walking distance to many schools > > Connecting thoroughfare from Westlake to Downtown proper > > Easy access to major 110 Harbor Freeway > > Prime signage opportunity > > Block off LA Studio Center and LA Chamber of Commerce > > Significant residential growth > > Exceptionally high daytime population
CONC DECK HT. 12'-3" A.F.F CONC. DECK HT. 11'-9" A.F.F. This property is owned & managed by: AVAILABILITIES SIZE TYPE RATE (+NNN) AVAILABLE ADDRESS - 1221 WEST 3RD STREET Suite B 1,933 SF Retail $2.50-$3.50 Immediately Suite C 5,195 SF Retail $2.50-$3.50 Immediately FLOOR PLAN: SUITE B: FLOOR PLAN: SUITE C: SUITE B 1,933 SF LEASE SPACE 2 3,336 SQFT BOYLESTON STREET BIXEL STREET SUITE C 5,195 SF LEASE SPACE 1 5,195 SQFT 3RD STREET 1255 3RD STREET
CITY WEST OVERVIEW: Visconti is located in City West, an up and coming area of downtown Los Angeles situated next to the esteemed Financial District and popular destination Little Tokyo. City West is quickly becoming a choice location for people to live, with population expected to grow by 4% in the next five years. As residential communities continue to emerge, City West is becoming increasingly transit oriented with ease of access to major transportation metro centers, airports and commuter rails. Visconti is centrally located within City West, less than half a mile from the 101 freeway and nearest metro station and within walking distance of sightseeing designations like the Walt Disney Concert Hall and Dorothy Chandler Pavilion. DEMOGRAPHICS (source: Nielsen) 1-mile 3-mile 5-mile POPULATION 2015 Total Population: 60,820 213,090 1,182,516 2020 Population: 63,186 220,757 1,214,106 Pop Growth 2015-2020: 3.89% 3.60% 2.67% Average Age: 37.6 36.8 35.4 HOUSEHOLDS 2015 Total Households: 22,098 78,649 383,292 HH Growth 2015-2020: 4.29% 3.62% 2.70% Median Household Inc: $28,790 $27,666 $33,619 Avg Household Size: 2.3 2.4 2.9 2015 Avg HH Vehicles: 1 1 1 HOUSING Median Home Value: $413,564 $420,565 $405,723 Median Year Built: 1981 1970 1958
AREA Amenities: SHOPPING CENTERS 1 The Bloc 2 Fig at 7th 3 Japanese Village Plaza Bar/Nightlife 1 The Edison 2 Angel City Brewery 3 Redwood Bar 4 The Association 5 Varnish 6 Broadway Bar Coffee shops 1 Demitasse 2 Urth Caffe 3 Groundwork Coffee Co. 4 Philz Coffee 5 Two Guns Espresso Development 1 Fig Central 2 Metropolis 3 The Grand 4 Wilshire Grand Drugstore 1 Walgreens 2 CVS Pharmacy 3 Walgreens 4 Rite Aid Entertainment 1 Staples Center 2 Nokia 3 Walt Disney Concert Hall 4 The Broad 5 The Museum of Contemporary Art 6 Regal Cinemas 7 Orpheum Theater 8 Tower Theater Grocery 1 Marukai Supermarket 2 Whole Foods 3 Ralphs GYM 1 Yoga and Spin 2 Yoga Works HOSPITALITY 1 Ace Hotel 2 JW Marriott 3 Viceroy 4 Standard 5 Miyako Hotel 6 DoubleTree by Hilton 7 Hilton Checkers Los Angeles 8 Millennium Biltmore Hotel Los Angeles 9 The Westin Bonaventure Hotel 10 Sheraton 11 Omni Los Angeles Hotel 12 The Ritz-Carlton Restaurant 1 Red Bird 2 Pitfire Pizza 3 Baco Mercat 4 Ledlow 5 Wurstkuche 6 Umami Burger 7 Grand Central Market Restaurant (con t) 8 Kazu Nori 9 Prufrock Pizzeria 10 Cole's 11 Perch 12 Mendocino Farms 13 Water Grill 14 Bottega Louie 15 Sugarfish by Sushi Nozawa 16 Public School 213 17 Le Pain 18 Plan Check 19 Tender Greens 20 Faith and Flower 21 800 Degrees 1 Zara 2 H&M 3 Shiekh Shoes 4 Urban Outfitters 5 Target City
GH PALMER PROPERTIES: > > Da Vinci - 909 West Temple St, Los Angeles, CA 90012 526 apartment units with over 10,000 SF of retail > > Visconti - 1221 West 3rd St, Los Angeles, CA 90017 297 apartment units with over 9,261 SF of retail > > Piero I & II - 616 & 609 St Paul Ave, Los Angeles, CA 90017 560 apartment units with over 7,100 SF of retail > > Medici - 725 South Bixel St, Los Angeles, CA 90017 634 apartment units with over 6,750 SF of retail DA VINCI VISCONTI PIERO I & II MEDICI