1728-1738 WEST 7 TH STREET - LoopNet · 2018. 1. 7. · 1728-1738 W 7TH ST NEIGHBORHOOD...

18
1728-1738 WEST 7 TH STREET LOS ANGELES, CA 90017 ELAN KERMANI • [email protected] • 310.749.0140

Transcript of 1728-1738 WEST 7 TH STREET - LoopNet · 2018. 1. 7. · 1728-1738 W 7TH ST NEIGHBORHOOD...

  • 1728-1738 WEST 7TH STREETLOS ANGELES, CA 90017

    ELAN KERMANI • [email protected] • 310.749.0140

  • Executive Summary 3

    LA Map 4

    Neighborhood Map 5

    Neighborhood 6

    Neighborhood Developments 8

    Site Plan 12

    Floor Plans 13

    Contact 18

    1728-1738 W 7TH ST • TABLE OF CONTENTS

  • 3

    Unique opportunity to participate in a food and alcohol-

    centric destination in the Westlake area between Koreatown

    and Downtown LA only only about 1⁄2 mile from the new

    Wilshire Grand Hotel and 1 mile from the Staples Center.

    • Ownership has secured master land use entitlements

    to allow various food and beverage outlets including

    a full line of alcoholic beverages amongst the entire

    project. • Thriving area, with a number of new apartment

    developments in walking distance. • Ownership has

    invested approximately $2 million in the building including

    ADA access, fire sprinklers, new electric service, new

    plumbing, new roof, new sewer and seismic upgrades.

    1728-1738 W 7TH ST • EXECUTIVE SUMMARY

    3

  • 4

    1738 W 7th St

    Downtown

    Koreatown

    Miracle Mile

    HollywoodWestHollywoodBeverly

    Hills

    Chinatown

    Echo Park

    1728-1738 W 7TH ST • LA MAP

  • 5

    westlake/macarthur parkmetro station

    macarthur park

    the macarthur park plaza hotelcarondelet House

  • 6

    1728-1738 W 7TH ST

    1728-1738 W 7TH ST • NEIGHBORHOOD

  • 7

    Langer’s Deli; The MacArthur (Park Plaza Hotel); Teragram Ballroom;

    Westlake Theatre; Westlake Neighborhood; MacArthur Park

    1728-1738 W 7TH ST • NEIGHBORHOOD

  • 81728-1738 W 7TH ST NEIGHBORHOOD DEVELOPMENTS

    A • 1247 W. 7th Street

    B • 1930 W. Wilshire Blvd. / Lake on Wilshire

    C • 2005 W. James M. Wood Boulevard

    D • 1331 W 7th St / Seven West Apartments

    E • 1501 Wilshire Blvd / Wilshire Valencia

    F • 2230 W 6th St / MacArthur Park

    G • 2929 W Leeward Ave / Leeward Plaza

    H • 668 S. Coronado Street

    I • 2525 Wilshire Boulevard / Zinc Apartments

    J • 1322 W. Maryland Street

    K • 2972 W. 7th Street

    park/recreation residential mixed use 1728-1738 7th

  • 91728-1738 W 7TH ST NEIGHBORHOOD DEVELOPMENTS

    A B C D E

    1247 W. 7th Street, Los Angeles 90017

    Lake on Wilshire1930 W. Wilshire Blvd, Los Angeles, 90057

    2005 W. James M. Wood Boulevard, Los Angeles, 90057

    Seven West Apt1331 W 7th St, Los Angeles, CA 90017

    Wilshire Valencia1501 Wilshire Blvd

    Mixed Use Mixed Use Mixed Use Mixed Use Mixed Use

    Proposed Proposed Proposed Completed Completed

    28 story glass-clad tower. 304 residential units above and a parking garage

    41 story, 479 rental units, 220 room hotel,

    6 story, 100 room hotel 87 rental units 218 rental units

    5,700 SF of ground floor retail

    Includes a grand 850 seat theatre

    ground floor retail 4,400 SF of ground floor retail space

    Developer:Lifan Group

    Architects: Archeon Group Developer: Infinitely Group. Developer: Canfield Development

    Developer: Sonny Astani, Sold for ~$80M in July 2017

  • 10

    F G H I

    Macarthur Park2230 W 6th St, Los Angeles, CA 90057

    Leeward Plaza2929 W Leeward Ave, Los Angeles 90005

    Hartford Avenue, 5th and Witmer Streets

    668 S. Coronado Street,Los Angeles, CA 90057

    Zinc Apartments2525 Wilshire Boulevard

    Park/Recreation Residential Residential Residential Mixed Use

    Proposed Proposed Proposed Proposed Under Construction

    $20 million of MacArthur Park to include boathouses and concessions

    5 story building with 80 rental units

    8 story, 174,000 SF building with 218 rental units

    122 unit apartment complex 152 rental units, approx. 7,500 SF of ground floor retail space

    Developed by the City of Los Angeles

    Developer: Urban View Investments LLC

    Developer:Jamison Services Developer: Somerset Group

    1728-1738 W 7TH ST NEIGHBORHOOD DEVELOPMENTS

  • 11

    J K

    1322 W. Maryland Street 2972 W. 7th Street Bixel TowersIntersection of Bixel and Ingraham Streets

    Mixed Use Residential Mixed Use

    Proposed Proposed Proposed

    47 rental units above 760 SF of retail space

    Six story building featuring 180 units and 15,000 SF of ground floor commercial use space

    36 story tower with 422 residential units and commercial space. 7 story hotel with 126 rooms

    Developer: Career Lofts-LA, LLC

    Over 2,500 residential units are in

    various stages of the entitlement

    process, under development, or

    are newly completed in addition

    to approximately 463 hotel rooms

    and approximately 25,000 square

    feet of retail/restaurant.

    1728-1738 W 7TH ST NEIGHBORHOOD DEVELOPMENTS

  • 12

    7TH STREET

    AL

    LE

    Y

    * Units C, D, E can be contiguous± Unit A is contiguous with units C, D, E with var ying entitlements

    BU

    RL

    ING

    TON

    AV

    E1,525 S.F.TYPE 47

    1,525 S.F.TYPE 47

    2,715 S.F.+ 1,770 S.F. PATIOTYPE 47

    2,080 S.F.TYPE 47

    3,500 S.F.TYPE 48

    148'

    SITE ADDRESSZIP CODE PIN NUMBER LOT/PARCEL AREA (CALCULATED) : THOMAS BROTHERS GRID ASSESSOR PARCEL NO. (APN) : TRACT MAP REFERENCE BLOCK LOT ARB (LOT CUT REFERENCE) MAP SHEET

    COMMUNITY PLAN AREA AREA PLANNING COMMISSION : CENTRALNEIGHBORHOOD COUNCIL COUNCIL DISTRICT CENSUS TRACT # LADBS DISTRICT OFFICE

    SPECIAL NOTES ZONING ZONING INFORMATION (ZI)

    ZONING INFORMATION (ZI)

    GENERAL PLAN LAND USE GENERAL PLAN FOOTNOTE(S) : YESHILLSIDE AREA (ZONING CODE) : NOBASELINE HILLSIDE ORDINANCE : NOBASE. MANSIONIZATION ORDINANCE : NOSPECIFIC PLAN AREA HISTORIC PRESERVATION REVIEW : NOPOD CDO NSOSTREETSCAPE SIGN DISTRICT ADAPTIVE REUSE INCENTIVE AREA : NONECRA

    CENTRAL CITY PARKING DOWNTOWN PARKING BUILDING LINE 500 FT SCHOOL ZONE

    500 FT SCHOOL ZONE

    500 FT PARK ZONE

    MPA 1 - 1728 W 7TH "RESTAURANT 1"TYPE OF USEALCOHOL LICENSETYPE OF ALCOHOLHOURS OF OPERATIONTOTAL AREATOTAL SEATING

    MPA 2 - 1730 W 7TH "RESTAURANT 2"TYPE OF USEALCOHOL LICENSETYPE OF ALCOHOLHOURS OF OPERATIONTOTAL AREA

    TOTAL SEATINGPATRON OCCUPANCYLIVE ENTERTAINMENTPATRON DANCINGHAPPY HOURARCADE GAMES

    MPA 3 - 1732 W 7TH "RESTAURANT 3"TYPE OF USEALCOHOL LICENSETYPE OF ALCOHOLHOURS OF OPERATIONTOTAL AREATOTAL SEATING

    MPA 4 - 1734 W 7TH "RESTAURANT 4"TYPE OF USEALCOHOL LICENSETYPE OF ALCOHOLHOURS OF OPERATIONTOTAL AREATOTAL SEATING

    MPA 5 - 1738 W 7TH "BAR"TYPE OF USE

    COMMON CORRIDOR

    OUTDOOR PATIO

    SIDEWALK

    ALLE

    Y

    SID

    EWAL

    K

    UNIT B

    PARKING INFORMATION

    UNIT

    FUNIT

    E*UNIT

    D*UNIT

    C*UNIT

    1728-1738 W 7TH ST • SITE PLAN

  • 13

    PROPOSED FLOOR PL AN

    PROJECT INFO.

    SHEET NO.

    SUBMITTAL

    NOTES:

    DE

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    ULT

    ING

    PROPOSEDFLOOR PLAN

    BAR

    FLOOR PLAN SCALE 1/4" = 1'-0"

    RESTROOM

    RESTROOM

    RESTROOM

    RESTROOM

    STAGE DANCE AREA

    SERVICE BAR

    STORAGE

    PREP

    WASH

    WALK-IN COOLER

    12

    34

    5

    360 S.F.

    22'-9"

    7'

    81'-2"

    28'-5"

    44'-1"

    ENTRANCE FROM 7TH STREET

    9'-8"

    26'-9"

    STANDING AREA245 S.F.

    49 OCCUPANTS160 S.F.

    72 OCCUPANTS

    PROJECT DETAILS: MPA 5 - 1738 W 7TH "BAR"

    TYPE OF USE : BARALCOHOL LICENSE : TYPE 48TYPE OF ALCOHOL : FULL LINEHOURS OF OPERATION : 7 A.M. TO 2 A.M. DAILYTOTAL AREA : 3,500 SQ FTTOTAL SEATING : 75PATRON OCCUPANCY : 196LIVE ENTERTAINMENT : YESPATRON DANCING : YESHAPPY HOUR : YESARCADE GAMES : 2 SKEEBALL MACHINES

    51 S.F.

    61 S.F.

    58 S.F.

    STAIRS UP

    RAMP DOWN

    RAMP DOWN

    SEATING AREA370 S.F.

    59 S.F.

    51 S.F.

    80 S.F.

    217 S.F.

    4'-5"

    6

    7

    8

    9

    10

    11

    12

    13

    14 15

    16

    17

    1819

    20

    21

    222324

    25

    26 27 28

    2930

    31

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    333435

    363738

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    75

    13'-2"

    SKEEBALL MACHINES51 S.F.

    SEATING AREA335 S.F.

    Type of Use: Bar

    Alcohol License: Type 48

    Type of Alcohol: Full line

    Hours of Operation: 5pm-2am Monday to Friday

    12 noon to 2am Saturday and Sunday

    Total Area: 3,500 SF approx.

    Live Entertainment, Patron Dancing, Arcade

    games: 2 skee-ball machines

    1738 W. 7TH STUNIT A

  • 14

    PROPOSED

    FLOOR PL AN

    EL

    PROJECT INFO.

    SHEET NO.

    SUBMITTAL

    NOTES:

    DE

    SIG

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    ING

    PROPOSEDFLOOR PLAN

    RESTAURANT #4

    FLOOR PLAN SCALE 1/4" = 1'-0"

    SERVICECOUNTER

    KITCHEN

    PREP

    WASH

    WOMEN'S RESTROOM

    MEN'S RESTROOM

    12

    34

    56

    78

    910

    1112

    1314

    1516

    17

    18

    19

    20

    21

    22

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    26

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    41

    ENTRY FROM

    PROJECT DETAILS: MPA 4 - 1734 W 7TH "RESTAURANT 4"

    TYPE OF USE : RESTAURANTALCOHOL LICENSE : TYPE 47TYPE OF ALCOHOL : FULL LINEHOURS OF OPERATION : 7 A.M. TO 2 A.M. DAILYTOTAL AREA : 1,525 SQ FTTOTAL SEATING : 41

    61 S.F.

    594 S.F.DINING AREA

    185 S.F.

    46 S.F.

    87 S.F.

    58 S.F.

    21'-2"

    82'-2"

    22'-7"

    13'-6"

    6'-5"

    11'-6"

    5'-5"

    11'-4"

    7TH STREET

    Type of Use: Restaurant

    Alcohol License: Type 47

    Type of Alcohol: Full line

    Hours of Operation: 7am to 2am daily

    Total Area: 1,525 SF approx.

    1734 W. 7TH STUNIT C

  • 15

    PROPOSED

    FLOOR PL AN

    EL

    PROJECT INFO.

    SHEET NO.

    SUBMITTAL

    NOTES:

    DE

    SIG

    N &

    CO

    NS

    ULT

    ING

    PROPOSEDFLOOR PLAN

    RESTAURANT #3

    FLOOR PLAN SCALE 1/4" = 1'-0"

    12

    34

    56

    78

    910

    1112

    1314

    1516

    17

    18

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    20

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    SERVICE

    KITCHEN

    WASH

    WOMEN'S RESTROOM

    MEN'S RESTROOM

    PREP

    COMMON HALLWAY (NOT A PART)

    COUNTER

    PROJECT DETAILS: MPA 3 - 1732 W 7TH "RESTAURANT 3"

    TYPE OF USE : RESTAURANTALCOHOL LICENSE : TYPE 47TYPE OF ALCOHOL : FULL LINEHOURS OF OPERATION : 7 A.M. TO 2 A.M. DAILYTOTAL AREA : 1,525 SQ FTTOTAL SEATING : 41

    61 S.F.

    58 S.F.

    87 S.F.

    46 S.F.

    185 S.F.

    594 S.F.DINING AREA

    13'-6"

    11'-6"

    6'-5"

    5'-5"

    82'-2"

    21'-2"

    22'-7"

    11'-4"

    ENTRY FROM7TH STREET

    Type of Use: Restaurant

    Alcohol License: Type 47

    Type of Alcohol: Full line

    Hours of Operation: 7am to 2am daily

    Total Area: 1,525 SF approx.

    1732 W. 7TH STUNIT D

  • 16

    PROPOSED FLOOR PL AN

    EL

    PROJECT INFO.

    SHEET NO.

    SUBMITTAL

    NOTES:

    DE

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    PROPOSEDFLOOR PLAN

    RESTAURANT #2

    4'

    10'

    3'

    3'-8"

    4'

    4'

    9'

    2'-6"

    2'

    4'-6"

    WASH

    RESTROOM

    RESTROOM

    STORAGE

    WALK-INCOOLER

    8'-3"

    KITCHEN

    SERVICE

    16'-2"

    SERVICE COUNTER

    DANCE AREA WITH SKEE-BALL MACHINES

    36'-5"

    4'

    40'-5"

    88'-6"

    OUTDOOR PATIO

    FLOOR PLAN SCALE 3/16" = 1'-0"

    2

    3

    4

    5

    6

    7

    8

    9

    10

    11

    1213

    1415

    1617

    1819

    20

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    2728293031323334

    12

    34

    56

    789

    1011

    1213

    1415

    16

    171819

    2021

    2223

    24

    25

    2627

    2829

    30

    31

    3233

    3435

    3637

    3839

    40

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    4243

    4445

    4647

    4849

    50

    515253

    5455

    5657

    5859

    6061

    6263

    6465

    6667

    6869

    7071

    72

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    8182

    8384

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    9192

    9394

    9596

    9798

    99

    100 101 102 103

    104 105 106 107

    108 109

    110 111

    112 113

    114 115

    585 S.F.

    1,770 S.F.

    COMMON HALLWAY (NOT A PART)

    STAIRS DOWN

    STAIRS UP

    17'-9"

    117 OCCUPANTS

    353637383940414243444546474849505152

    115 SEATS

    ADJACENT UNIT (NOT A PART)

    14'-11"

    PROJECT DETAILS: MPA 2 - 1730 W 7TH "RESTAURANT 2"

    TYPE OF USE : RESTAURANTALCOHOL LICENSE : TYPE 47TYPE OF ALCOHOL : FULL LINEHOURS OF OPERATION : 7 A.M. TO 2 A.M. DAILYTOTAL AREA : 2,715 SQ FT INDOOR PLUS

    1,770 SQ FT OUTDOOR PATIOTOTAL SEATING : 52 INDOOR PLUS 115 OUTDOORPATRON OCCUPANCY : 284LIVE ENTERTAINMENT : YESPATRON DANCING : YESHAPPY HOUR : YESARCADE GAMES : 4 SKEE-BALL MACHINES

    16'

    SE

    RV

    ICE

    CO

    UN

    TER

    DINING AREA548 S.F.

    200 S.F.

    40 S.F.

    130 S.F.

    61 S.F.

    58 S.F.

    81 S.F.

    ENTRY FROM7TH STREET

    5'

    13'-1" 10'-3"

    10'

    SKEE-BALL MACHINES102 S.F.

    Type of Use: Restaurant

    Alcohol License: Type 47

    Type of Alcohol: Full line

    Hours of Operation: 7am to 2am daily

    Patio hours: Until 10PM, daily

    Total Area: 2,715 SF approx. (Indoor);

    1,770 SF approx. (Outdoor) Patio

    Live Entertainment, Patron Dancing, Arcade

    games: 4 skee-ball machines

    1730 W. 7TH STUNIT E

  • 17

    PROPOSED FLOOR PL AN

    PROJECT INFO.

    SHEET NO.

    SUBMITTAL

    NOTES:

    DE

    SIG

    N &

    CO

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    ULT

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    PROPOSEDFLOOR PLAN

    RESTAURANT #1

    FLOOR PLAN SCALE 1/4" = 1'-0"

    1

    2

    3

    4

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    6

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    9 10

    11 12

    13 14

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    HALLWAY (NOT A PART)

    PREP

    WASH

    KITCHEN

    WOMEN'S RESTROOM

    MEN'S RESTROOM

    SERVICE COUNTER

    SERVICE

    WASH/PREP

    RESTROOM

    UP

    PROJECT DETAILS: MPA 1 - 1728 W 7TH "RESTAURANT 1"

    TYPE OF USE : RESTAURANTALCOHOL LICENSE : TYPE 47TYPE OF ALCOHOL : FULL LINEHOURS OF OPERATION : 7 A.M. TO 2 A.M. DAILYTOTAL AREA : 2,080 SQ FTTOTAL SEATING : 66

    46'-8"

    58'-2"

    13'27'-6"

    7'-2"

    5'-3"

    25'-11"

    22'-4"

    140 S.F.

    54 S.F.

    64 S.F.

    53 S.F.

    62 S.F.

    80 S.F.

    100 S.F.

    1097 S.F.DINING AREA

    ENTRANCE FROM7TH STREET

    Type of Use: Restaurant

    Alcohol License: Type 47

    Type of Alcohol: Full line

    Hours of Operation: 7am to 2am daily

    Total Area: 2,080 SF approx.

    1724-1728 W. 7TH STUNIT F

  • 659 N Robertson BlvdWest Hollywood, CA 90069alfredrealty.comBRE# 01527092

    The  information  contained  herein  was  obtained  from  third  parties,  and  the  real  estate  brokers have

    not  independently verified  it.  Tenants  should  choose  an  expert of their  choice  to  inspect  the  property  and  verify

    all information.  Real estate brokers  are  not  qualified  to  act  as  or  select  experts  with  respect  to  legal,  tax,

    environment,  building  construction,  soils‐drainage  or  other  such  matters.  

    ELAN KERMANIVICE [email protected]# 01441510

    KYLE JONESSENIOR [email protected]# 01993148

    UNIQUE OPPORTUNITY IN WESTLAKE BETWEEN KOREATOWN AND DOWNTOWN

    1728-1738 WEST 7TH STLOS ANGELES, CA 90017