DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016,...

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1900-1908 E 7TH PLACE DOWNTOWN LOS ANGELES, CA | 90021 EON I. LEW

Transcript of DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016,...

Page 1: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

1900-1908 E 7TH PLACEDOWNTOWN LOS ANGELES, CA | 90021

EON I. LEW

Page 2: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

District Realty Group, as Exclusive Broker, is pleased to present 1900-1908 E 7th Place, two (2) adjacent recently renovated warehouses in Downtown LA's booming Arts District. Rebuilt in 1990/1991, the Subject Properties are conducive to numerous desirable uses and are located just 1.5 blocks away from the Warner

Music Building, a completed 254,000 SF project with fully occupied creative office and new exciting retail, a game-changer for the area’s landscape. The Property totals approximately 24,580 SF split into two adjacent buildings, one consisting of approximately 13,380 SF (1900/1904 E 7th Pl.) and the other, 11,200 SF (1908 E 7th

Pl).

7th Place is quickly becoming a highly desirable, walkable street with retail, creative office, and an immersive theater (full liquor) arriving this year (3 buildings away). The Property was substantially renovated

with new HVAC, a new roof, ADA bathrooms, freight elevator, upgraded electrical, and much more.

Page 3: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

ASKING PRICE

APN

ADDRESSES

BUILDING SIZE

LOT SIZE

ZONING

MAJOR WORK COMPLETED

CEILING HEIGHTS

EARTHQUAKE RETROFIT & REBUILD

*All dimensions are approximate and independently verified.

FOR SALE

Page 4: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

POWER1900/1904 E 7th:

1908 E 7th:

FREIGHT ELEVATOR1908 E 7th:

HVAC1900/1904 E 7th:

1908 E 7th Ground Flr: 2nd Floor:

ROLL UP DOORS1900/1904 E 7th:

1908 E 7th:

LIGHTING

ROOFS

BATHROOMS

FOR SALE

Page 5: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

●1900/1904 E 7th:

1908 E 7th:

FOR SALE

Page 6: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

FOR SALE 1900/1904 E 7TH PLACE (GROUND FLOOR, MEZZANINE, OFFICE, BATHROOM)

Page 7: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

FOR SALE 1900/1904 E 7TH PLACE GROUND FLOOR

Page 8: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

FOR SALE 1900/1904 E 7TH PLACE GROUND FLOOR

Page 9: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

FOR SALE 1900/1904 E 7TH PLACE PARKING LOT/YARD AREA

Page 10: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

FOR SALE 1900/1904 E 7TH PLACE MEZZANINE FACING 1908 E 7TH PL

Page 11: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

FOR SALE 1900/1904 E 7TH PLACE MEZZANINE PRIVATE OFFICE

Page 12: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

FOR SALE 1900/1904 E 7TH PLACE FLOOR PLAN

Page 13: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

FOR SALE 1908 E 7TH PLACE (INTERIOR)

Page 14: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

FOR SALE 1908 E 7TH PLACE 2ND FLOOR INTERIOR

Page 15: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

FOR SALE 1908 E 7TH PLACE 2ND FLOOR FACING 7TH PLACE

Page 16: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

FOR SALE 1908 E 7TH PLACE FULL BATHROOM

Page 17: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

FOR SALE 1908 E 7TH PLACE PRECONFIGURED PRIVATE OFFICES

Page 18: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

FOR SALE 1908 E 7TH PLACE PRIVATE OFFICE / LAB

Page 19: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

FOR SALE 1908 E 7TH PLACE FREIGHT ELEVATOR

Page 20: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

FOR SALE BATHROOM PHOTOS

1908 2ND FLR 2 OF 2 ADA

1908 GROUND FLR MENS1908 GROUND FLR MENS

1908 2ND FLR

1900 MEZZ 2 ADA

1908 MEZZ 1 OF 2 ADA

Page 21: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

FOR SALE 1908 E 7TH PLACE FLOOR PLAN (NOT AS CURRENTLY BUILT)

Page 22: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

FOR SALE PARCEL MAP

Page 23: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

“The area's resurgence largely began with Warner Music Group, which signed a lease three years ago to move from Burbank to 257,000 square feet at the former Ford building at 777 S. Santa Fe Ave. That lease was the largest office lease in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to move into 110,000 square feet in the At Mateo development nearby. Other companies that have moved or announced plans to open offices in the Arts District in recent months are helping to attract even more businesses to the area. [Recently, Warner Music Group went ahead to purchase the Ford building and an adjacent property at a well above market price per square foot].

Recently, Honey announced plans to take up all 130,000 square feet of the refurbished Fourth and Traction building, at 963 E. Fourth St., which was originally built by the Coca-Cola company. The company is scheduled to begin its move in June of this year. TubeScience, which creates video ads for use on social media platforms, is significantly expanding into 103,796 square feet at 655 S. Santa Fe Ave., a two-story flex facility on a 2.3-acre lot owned by the Park family of backpack and bag company Everest Trading Corp”. -Costar Group

FOR SALE AREA GROWTH

Page 24: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

INTERIOR BAR VIEWFOR SALE ARTS DISTRICT - PROJECT UNDER CONSTRUCTION

Page 25: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

320 Units

BISCUIT LOFTS104 Units

FUTURE BAR/THEATER

TOY LOFTS119 Units

AVA ARTS DISTRICT475 Units

6AM1,736 Units/Mixed UseINDUSTRIAL

360 Units

FACTORY PLACE ARTS COMPLEX

40 Units/Mixed Use

SUBJECT PROPERTY

FIREHOUSE HOTEL

WALNUT GROWERS BLDG

57 UNITS1800 E 7th122 Units

50 Room Hotel + Restaurant

22 Units

INTERIOR BAR VIEWFOR SALE NEARBY NOTABLE DEVELOPMENTS & AMENITIES

Page 26: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

SUBJECT PROPERTY

BARS + BREWERIES + DISTILLERIES1. GREEN DISTILLERY2. OUR/LOS ANGELES VODKA3. TONY’S SALOON4. SILVER LAKE WINE5. EVERSON ROYCE BAR6. POUR HAUS WINE BAR7. IRON TRIANGLE BREWERY8. FLASK AND FIELD9. THE SPIRIT GUILD

RESTAURANTS + CAFES1. THE PORTER JUNCTION CAFE2. STEVEN’S DELI3. MARU COFFEE4. STUMPTOWN COFFEE ROASTERS5. COSME LA6. BESTIA7. BREADLOUNGE8. GUERILLA TACOS9. PIZZANISTA

10. CHURCH & STATE11. DAILY DOSE12. LITTLE BEAR13. URBAN RADISH14. BLUE BOTTLE COFFEE15. SIXTH+MILL16. OFFICINE BRERA17. FACTORY KITCHEN18. TARTINE MANUFACTORY19. PARAMOUNT COFFEE PROJECT

RETAIL + MUSEUMS1. ROLLING GREENS2. UPTOWN PUP3. BASE COAT NAIL SALON4. ARCH THE5. COMMONWEALTH6. THE HOUSE OF MACHINES7. WEPLAY LIVE8. TWOBIT CIRCUS9. DOVER STREET MARKET

10. ICA LA11. BODEGA12. MISSION WORKSHOP

FOR SALE NEARBY AMENITIES

Page 27: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

INTERIOR BAR VIEWFOR SALE 2018 DTLA SURVEY

Page 28: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

INTERIOR BAR VIEWFOR SALE 1900/1904 & 1908 E 7TH PLACE - ZIMAS PROFILE REPORT

Page 29: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

INTERIOR BAR VIEWFOR SALE 1900 E 7TH PLACE - ZIMAS PROFILE REPORT (CONTINUED)

Page 30: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

INTERIOR BAR VIEWFOR SALE 1900 E 7TH PLACE - ZIMAS PROFILE REPORT (CONTINUED)

Page 31: DOWNTOWN LOS ANGELES, CA - LoopNet...in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to

EON I. LEWBRE: 01730294

TEL: 213 769 6262EMAIL: [email protected]

www.districtrealtygroup.com