Post on 16-Oct-2021
PRESENTED BY:
7551
SU
NSE
T B
OU
LEV
AR
DLo
s A
ng
eles
, CA
90
04
6SUNSET BLVD INVESTMENT OPPORTUNITY
Prime Hollywood Location
12,505 SF | Renovated in 2010
BEN BEHNAMbenbehnam@nestseekers.com213-926-5932DRE CA Lic. #02097235
DAVINIA SERGIdavinia.sergi@gmail.com310-465-5798DRE CA Lic. #02068411
1201 HUNTLEY DRIVELos Angeles, CA 90026
E. JAZ PINCA • ejpinca@gmail.com • 949-636-8632DRE CA Lic. #01832110
AT-
A-G
LAN
CE
$8,490,000Asking Price:
8,712 SFLot Area:
Building Size:
Year Built:
BUILT IN 1986RENOVATED IN 2010
APN: 5550-009-023
2
12,505 SF
7551 SUNSET BOULEVARDLos Angeles, CA 90046
1201 HUNTLEY DRIVELos Angeles, CA 90026
E. JAZ PINCA • ejpinca@gmail.com • 949-636-8632DRE CA Lic. #01832110
3
PROPERTY DESCRIPTION
7551 W. Sunset Blvd represents the highest quality and specification boutique mixed use building.
Currently 79% occupied with a value add component (through lease up of vacant space) By converting the leaseable to rentable square footage add value to the property
7551 Sunset Blvd offers an abundance of amenities within walking distance. Strategic positioning close to many developing projects with proximity to West Hollywood, the Pacific Design Center and the Beverly Center.
State of the art finishes, subterranean parking double access (street) entry. 7551 W. Sunset Boulevard - the Ultimate Boutique Mixed-Use Building - Finest Construction, Highest Grade Finishes - Excellent Tenants - A True Gem. Rare opportunity to own a phenomenal mixed-use investment in the bustling and growing Sunset 90046 corridor.
Please call Ben Behnam or Davinia Sergi for information.
7551 SUNSET BOULEVARDLos Angeles, CA 90046
1201 HUNTLEY DRIVELos Angeles, CA 90026
E. JAZ PINCA • ejpinca@gmail.com • 949-636-8632DRE CA Lic. #01832110
4
7551 SUNSET BOULEVARDLos Angeles, CA 90046
EXISTING PROPERTY DETAILS
Rare find: ...............................Renovated in 2010 ......................................................All units separately metered......................................................Undercover Parking......................................................Across the street from $200 Million buildout ......................................................In the heart of west Hollywood ......................................................Mixed use retail and office
Ownership Type: .............Fee Simple
Renderings of construction across the street
1201 HUNTLEY DRIVELos Angeles, CA 90026
E. JAZ PINCA • ejpinca@gmail.com • 949-636-8632DRE CA Lic. #01832110
92Walk Score
67Transit Score
65Bike Score
VERY WALKABLE RIDER’S PARADISE BIKEABLE
110
DOWNTOWNDOWNTOWN
WESTLAKEWESTLAKESITE
5
7551 SUNSET BOULEVARDLos Angeles, CA 90046
1201 HUNTLEY DRIVELos Angeles, CA 90026
E. JAZ PINCA • ejpinca@gmail.com • 949-636-8632DRE CA Lic. #01832110
INTERIOR PHOTOS
6
7551 SUNSET BOULEVARDLos Angeles, CA 90046
6
1201 HUNTLEY DRIVELos Angeles, CA 90026
E. JAZ PINCA • ejpinca@gmail.com • 949-636-8632DRE CA Lic. #01832110
7
7551 SUNSET BOULEVARDLos Angeles, CA 90046
7
RENT ROLL
EXPENSES
Cap Rate: ..............................4.75%
1201 HUNTLEY DRIVELos Angeles, CA 90026
E. JAZ PINCA • ejpinca@gmail.com • 949-636-8632DRE CA Lic. #01832110
AB
OU
T
BEN BEHNAMbenbehnam@nestseekers.com213-926-5932DRE CA Lic. #02097235
Ben Behnam has joined KW Beverly Hills, with years ofexperience as both a Principal and advisor.
He specializes in investment advisory and brokerage for single, multi-family and retail properties. He has successfully executed or assisted in the close of multiple deals in California, Nevada and Florida.
Mr. Behnam has developed a successful client list for investors he has helped find the right income properties to add to their portfolios of commercial and multi-housing real estate investments.
Mr. Behnam is married and his wife also works in real estate
7551 SUNSET BOULEVARDLos Angeles, CA 90046
8
Although the Owner and Broker believe the information to be accurate, no warranty or representation is made as to its accuracy or completeness. Interested parties should conduct independent investigations and reach conclusions without reliance on materials contained herein.
1201 HUNTLEY DRIVELos Angeles, CA 90026
E. JAZ PINCA • ejpinca@gmail.com • 949-636-8632DRE CA Lic. #01832110
AB
OU
T
DAVINIA SERGIdavinia.sergi@gmail.com310-465-5798DRE CA Lic. #02068411
Although the Owner and Broker believe the information to be accurate, no warranty or representation is made as to its accuracy or completeness. Interested parties should conduct independent investigations and reach conclusions without reliance on materials contained herein.
For the past 10 years, Davinia Sergi has fine-tuned her craft in the hospitality industry. Consumer care, service to clientele, and a passion to be of service, have been her life goals.
Davinia exemplifies positive energy and an enthusiasm rarely found in the business of serving others. Davinia has now joined forces with Core Real Estate Group in Beverly Hills, as she continues to grow and seek new challenges.
She is dedicated to work passionately and to ensure that she delivers the best experience for her buyers and sellers. She is meticulous in staying organized and solving problems. Her mantra is simple; “I truly believe that every relationship is based on trust and sincerity.”
Davinia serves on the Arbitration and Professional standard Committee and maintains membership in the Beverly Hills Board of Realtors.
Although the Owner and Broker believe the information to be accurate, no warranty or representation is made as to its accuracy or completeness. Interested parties should conduct independent investigations and reach conclusions without reliance on materials contained herein.
9
7551 SUNSET BOULEVARDLos Angeles, CA 90046
99
CONFIDENTIALITY + DISCLAIMER
All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters.
Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence for a partyunless otherwise agreed in writing.
EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.
Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. KW Commercial makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KW Commercial does not serve as a financial advisor to any party regarding any proposed transaction.
All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Mayelian Group in compliance with all applicable fair housing and equal opportunity laws.
The confidentiality and disclaimer disclosures represents both listing brokerage firms, CORE Real Estate Group and Keller Williams.
7551 SUNSET BOULEVARDLos Angeles, CA 90046