REDUCED PRICE $3,250,000...l Centro a ve s unset Blvd w ilcox a ve d e l ongpre a ve s unset Blvd...

Hollywood owner-User BUilding For sale

For More InForMatIon ContaCt Michael [email protected]: 01407558

777 S Figueroa Street30th FloorLos Angeles, CA 90017213.553.3800Corporate license 00388260savills-studley.com

6519-6521 F o u n ta I n a v e n u e

Los Angeles, CA 90038

6521 Fountain ave

6519 Fountain ave

BUYERS! Use the existing income to cover

your debt service!

owner/user analysis:±5,200 SF in two buildings (±2,500 SF and ±2,700 SF)

±2,500 SF Building: Lease expires 9/1/2019

±2,700 SF Building: Available now for an owner/user

Annual NOI $120,135Cap rate is 3.64% on existing income

REDUCED PRICE$3,250,000

All information furnished regarding property for sale, rental or financing is from sources deemed reliable. Seller and broker make no representation as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease, or financing, or withdrawal without notice.

ProPerty PhotoS


ProPerty hIghlIghtS

Purchase Price: $3,250,000

address: 6519 - 6521 Fountain Avenue Los Angeles, CA 90028

Parcel numbers: 5547-028-014 & 5547-028-015

land Size: 9,235 SF (0.21 AC)

Building Sizes: 6519 Fountain Avenue = ±2,700 SF6521 Fountain Avenue = ±2,500 SF

year Built: 1962

Parking: 12 surface spaces

Zoning: R3 - 1XL with zone variance to allow the continuation of commercial uses (office/production)

Fou

nta

In a

ve

ho

Me

wo

od

av

e

Seward St

wIlCox ave

46 21

40 27

45 22

39 28

44 23

38 29

43 24

37 30

42 25

36 31

41 26

35

34 33

32

owner/user analysis:±5,200 SF in two buildings (±2,500 SF and ±2,700 SF)

±2,500 SF Building: Lease expires 9/1/2019

±2,700 SF Building: Available now for an owner/user

Annual NOI $120,135Cap rate is 3.64% on existing income


BuIldIng Floor PlanS

6519 Fountain avenue Floor Plan (±2,700 SF)

6521 Fountain avenue Floor Plan (±2,500 SF)

12'-0"

11'-9"11'-9"11'-5"

9'-6"

12'-0"

14'-0"

12'-0"

12'-0"Vault

W

M

Kitchen

tel

LOBBY

UNITIES

KITCHENDINING /CONFERENCE

12'-8"11'-6"

12'-8"

18'-3" 13'-6"

12'-8"

11'-6"

13'-6"

9'-6"

12'-10"

11'-8"

11'-8"

9'-5"

11'-2"

11'-2"

Tel_Rm

WM

Down

Fountain ave wilc

ox a

ve

6521 Fountain ave

6519 Fountain ave


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Site

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entro a

ve

sunset Blvd

wilcox ave de longpre ave

sunset Blvd Hollywood Blvd

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hollywood develoPMent SIteS

Arclight Cinerama Dome

Essex Hollywood

Am

oeba

M

usic

Dev

Boutique Hotel

RD Olson Hotel

Dream Hotel

The Camden

Ametron Building

Palladium Residences

Columbia Square

Onni Development

Kilroy’s Academy Square Development

Site

Rescore Hollywood

CIVIC (LAPD,

LAFD, Fire Museum,

CD4)

Site_

Development Pipeline

The Camden


Site

Colombia Square

RDOLSON Hotel

CIVIC (LAPD, LAFD, FIRE

MUSEUM, CD4)

Rescore Hollywood

Essex Hollywood


Ametron Building

Boutique Hotel

Onni’sEast Vine

DevelopmentSite

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iteArclightCinerama Dome


The Camden


Site

Colombia Square

RDOLSON Hotel


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Rescore Hollywood

Essex Hollywood


Ametron Building

Boutique Hotel

Onni’sEast Vine

DevelopmentSite

Dream Hotel

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Deve

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ArclightCinerama Dome


The Camden


Site

Colombia Square

RDOLSON Hotel


MUSEUM, CD4)

Rescore Hollywood

Essex Hollywood


Ametron Building

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Onni’sEast Vine

DevelopmentSite

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The Camden


Site

Colombia Square

RDOLSON Hotel


MUSEUM, CD4)

Rescore Hollywood

Essex Hollywood


Ametron Building

Boutique Hotel

Onni’sEast Vine

DevelopmentSite

Dream Hotel

Amoe

beMu

sic

Deve

lopm

entS

iteArclightCinerama Dome


The Camden


Site

Colombia Square

RDOLSON Hotel


MUSEUM, CD4)

Rescore Hollywood

Essex Hollywood


Ametron Building

Boutique Hotel

Onni’sEast Vine

DevelopmentSite

Dream Hotel

Amoe

beMu

sic

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lopm

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The Camden


Site

Colombia Square

RDOLSON Hotel


MUSEUM, CD4)

Rescore Hollywood

Essex Hollywood


Ametron Building

Boutique Hotel

Onni’sEast Vine

DevelopmentSite

Dream Hotel

Amoe

beMu

sic

Deve

lopm

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ite



The Camden


Site

Colombia Square

RDOLSON Hotel


MUSEUM, CD4)

Rescore Hollywood

Essex Hollywood


Ametron Building

Boutique Hotel

Onni’sEast Vine

DevelopmentSite

Dream Hotel

Amoe

beMu

sic

Deve

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The Camden


Site

Colombia Square

RDOLSON Hotel


MUSEUM, CD4)

Rescore Hollywood

Essex Hollywood


Ametron Building

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Onni’sEast Vine

DevelopmentSite

Dream Hotel

Amoe

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The Camden


Site

Colombia Square

RDOLSON Hotel


MUSEUM, CD4)

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Essex Hollywood


Ametron Building

Boutique Hotel

Onni’sEast Vine

DevelopmentSite

Dream Hotel

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deMograPhICS

Pasad

ena

Fwy

Hollywood

Fwy

CA-2 E CA-2

Gle

ndal

eFw

y

I-5

S

San FernandoRd

Sunset Blvd

Camarillo St

E 7th St

I-10 W

Melrose Av e

NMain St

Moorpark St

Burton Way

WSun set B

lvd

SGr

and

Ave

W O

live A

ve

NBr

oadw

ay

I-10 EW Adams Blvd

W 5th St

S Al

vara

do S

t

Beverly Blvd

E4th St

S Un

ion

Ave

National Blvd

Hyp

erion

Ave

Hollywood Blvd

Arl

ingt

onA

ve

WWashington Blvd

E Mountai n St

W Olympic Blvd

WAvenue

26

W Al ameda Ave

Mulholland Dr

Wilshire Blvd

W 3rd St

Whittier Blvd

Rodeo Rd

Franklin Ave

NPass

Ave

Los Feliz

Blv

d

E 6th St

Palms Blvd

Magnolia Blvd

Cotner Ave

SB

ev erly

Dr

NH

ighl

and

Ave

E Olympic Blvd

SFi

guer

oaSt

Silver La

keBl

vd

Cahuenga BlvdE

SLa

Bre

aA

ve

Exposition Blvd

Santa Monica Blvd

WPico Blvd

Vine

land

Ave

OverlandAve

E

3rd StE 5th StE 9th St

NPalm

Dr

S Vi

rgil

Ave

Grif

fith

Ave

Hill

hurs

t Ave

W Broadway

W 6th St

NVerdugo

Rd

A c ademy Rd

High

land

Ave

Ve te ranAve

E Colorado St

GriffithPark

Dr

E Chevy ChaseDr

Zoo Dr

SG

lend

ale

Ave

CypressAve

D ivis ion

St

SBundy Dr

Cah

ueng

a B

lvd

For es

t Lawn Dr

Westwood

Blvd

WGlenoaks Blvd

W Verdugo Ave

Venice Blvd

SawtelleBlvd

Hau

ser

Blv

d

SSa

nPe

dro

St

W Sun

se t Blv d

Riverside Dr

SSepulveda B

lvd

W Jefferson Blvd

Ventura Blvd

Burbank Blvd

Whi

tset

t Ave

SLa

Cie

nega

Blv

d

S W

este

rn A

ve

Verdugo Rd

Cre

nsha

w B

lvd

Glen

daleBlvd

N W

ilton

Pl

Stadium Way

N W

este

rn A

ve

Dal

y S

t

N V

erm

ont A

ve

N G

ower

St

Laurel Ca nyon Blvd

SCen

tral

Ave

N G

ardn

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t

N F

airf

ax A

ve

NB

ever l y GlenB

lvd

N L

a B

rea

Ave

Van

Nuy

s B

lvd

SR

ober

tson

Blv

d

Co l

dwat

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any o

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S H

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t

S W

ilton

Pl

S B

rand

Blv

d

NVi

rgil

Ave

Woo

dman

Ave

Col

fax

Ave

S A

lam

eda

St

SFa

i rfa

xAv

e

Motor

Ave

S M

ain

St

S Ve

rmon

t Ave

Bar h

amB

lvd

W 4th St

Fletcher Dr

101

101

170

134

60

2

2

134

2

HollywoodHollywood

NaudNaudJunctionJunction

TolucaTolucaLakeLake

Park LaPark LaBreaBrea

StudioStudioCityCity

WestWestGlendaleGlendale

UniversalUniversalCityCity

AdamsAdamsSquareSquare

AtwaterAtwater

CulverCulverJunctionJunction

NevinNevin

SentousSentous

CienegaCienega

EchoEchoParkPark

MagnoliaMagnoliaParkPark

EdendaleEdendale

NorthNorthHollywoodHollywood

West LosWest LosAngelesAngeles

Bel AirBel Air

WestwoodWestwood

BeverlyBeverlyGlenGlen

ShermanShermanOaksOaks

Mt WashingtonMt Washington

HancockHancockParkPark

CenturyCenturyCityCity

RanchoRanchoParkPark

West HollywoodWest Hollywood

Beverly HillsBeverly Hills

Culver CityCulver City

GlendaleGlendale

Los AngelesLos Angeles

5

405

110

10

5

1 Mile

6519-6521 Fountain AvenueLos Angeles, CA

5 Miles

3 Miles

2015 Median Household Income

$150,000.01 - $200,001.00

$100,000.01 - $150,000.00

$75,000.01 - $100,000.00

$50,000.01 - $75,000.00

$25,000.01 - $50,000.00

$15,000.01 - $25,000.00

$0.00 - $15,000.00


deMograPhICS

Los Angeles RiverVentura Fwy

Golden State Fwy

Hollywood Fwy

CA-2 E CA-2

I-5S

San FernandoRd

Sunset Blvd

Camarillo St

E 7th St

I-10 W

Melrose Av e

N Main St

Moorpark St

Burton Way

WSunset B

lvd

E 16th St

SG

rand

Ave

W O

live A

ve

W Adams Blvd

W 5th St

S Al

vara

do S

t

Beverly Blvd

E 4th St

S Un

ion

Ave

National Blvd

Hy

per i

onAve

Hollywood Blvd

Arli

ngt

onA

veW 1st St

WWashington Blvd

E Mountai n St

W Olympic Blvd

W Al amed

a Ave

WTemple St

MulhollandDr

Wilshire Blvd

W3rd St

Rodeo Rd

Franklin Ave

NPass

Ave

Los Feliz

Blv

d

E 6th St

Magnolia Blvd

Cotner Ave

SB

everly

Dr

SCen

tral

Av e

E Olympic Blvd

Silve r La

keBl

vd

Cahuenga Blvd

E

SLa

Bre

aA

ve

Exposition Blvd

Santa Monica B

lvd

WPico Blvd

OverlandAve

E

3rd StE 5th St

W 7th St

E 9th St

NPalm

Dr

S V

irgi

l Ave

Grif

fith

Ave

W Broadway

W 6th St

W 18th St

NVerdugo

Rd

A c ademy Rd

Hig

hlan

dA

ve

Man ning Ave

E Colorado St

W Kenneth Rd

N Figueroa

St

Zoo Dr

SG

lend

ale

Ave

CypressAve

W 8th St

Division St

York Blvd

E Chevy Cha se Dr

Cah

ueng

a B

lvd

For es

t Lawn Dr

SBarrington

Ave

Westwood

Blvd

WGlenoaks Blvd

W Verdugo Ave

SawtelleBlvd

Venice Blvd

Hau

ser

Blv

d

SB

everlyG

lenBlvd

SSepulveda

Blvd

Riverside Dr

W Jefferson Blvd

Ventura Blvd

Burbank Blvd

S So

to S

t

Whi

tset

t Ave

SL

aC

iene

gaB

lvd

Pas aden

aA

ve

Vine

land

Ave

S W

este

rn A

ve

Verdugo Rd

Cre

nsha

w B

lvd

G

lendaleB

lvd

N W

ilton

Pl

Stadium Way

N W

este

rn A

ve

Dal

y S

t

N V

erm

ont A

ve

N G

ower

St

LaurelCany on

Blvd

N G

ardn

er S

t

NB

e ver ly GlenB

lvd

N L

a B

rea

Ave

Van

Nuy

s B

lvd

SR

ober

tson

Blv

d

Col

dwat

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anyo

nD

r

S H

oove

r S

t

S W

ilton

Pl

S B

rand

Blv

d

NV

irgi

lAv e

Woo

dman

Ave

Gri

ffin

Ave

Col

fax

Ave

S A

lam

eda

St

SFa

irfa

xAv

e

S M

ain

St

S V

erm

ont A

ve

EagleRo

ckB

lvd

Barh

amB

lvd

W 4th St

Fletcher Dr

E 1st St

101

101

170

134

60

2

2

134

2

HollywoodHollywood

NaudNaudJunctionJunction

RedondoRedondoJunctionJunction

GlassellGlassellParkPark

TolucaTolucaLakeLake

ValleyValleyVillageVillage

Park LaPark LaBreaBrea

WestWestGlendaleGlendale

UniversalUniversalCityCity

EagleEagleRockRock

AdamsAdamsSquareSquare

AtwaterAtwater

WestwoodWestwoodVillageVillage

CulverCulverJunctionJunction

MissionMissionJunctionJunction

SentousSentous

CienegaCienega

EchoEchoParkPark

MagnoliaMagnoliaParkPark

PalmsPalms

EdendaleEdendale

NorthNorthHollywoodHollywood

ClementClementJunctionJunction

Bel AirBel Air

WestwoodWestwood

BeverlyBeverlyGlenGlen

ShermanShermanOaksOaks

Mt WashingtonMt Washington

HancockHancockParkPark

CenturyCenturyCityCity

RanchoRanchoParkPark

West HollywoodWest Hollywood

Beverly HillsBeverly Hills

Culver CityCulver City

GlendaleGlendale

Los AngelesLos Angeles 10

5

405110

10

5

6519-6521 Fountain AvenueLos Angeles, CA

Population DensityPer Square Mile

15,000+

12,001 - 15,000

9,001 - 12,000

7,001 - 9,000

5,001 - 7,000

2,001 - 5,000

0 - 2,000

1 Mile

5 Miles

3 Miles


deMograPhICS

Demographic and Income Comparison Profile6521 Fountain Ave, Los Angeles, California, 90028 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 34.09435

Longitude: -118.331241 mile 3 miles 5 miles

2017 Households by Income Number Percent Number Percent Number Percent<$15,000 5,899 21.2% 29,008 15.3% 62,916 15.3%$15,000 - $24,999 3,753 13.5% 22,599 11.9% 50,550 12.3%$25,000 - $34,999 2,848 10.2% 18,791 9.9% 42,750 10.4%$35,000 - $49,999 3,170 11.4% 22,534 11.9% 50,906 12.4%$50,000 - $74,999 4,908 17.6% 30,302 16.0% 63,871 15.6%$75,000 - $99,999 2,343 8.4% 18,636 9.8% 39,422 9.6%$100,000 - $149,999 2,701 9.7% 21,209 11.2% 44,569 10.9%$150,000 - $199,999 1,141 4.1% 10,182 5.4% 21,966 5.3%$200,000+ 1,107 4.0% 15,996 8.5% 33,790 8.2%

Median Household Income $40,719 $50,963 $49,320Average Household Income $62,721 $83,790 $82,322Per Capita Income $33,179 $39,490 $34,610

2022 Households by Income Number Percent Number Percent Number Percent<$15,000 5,985 20.4% 28,522 14.6% 62,706 14.8%$15,000 - $24,999 3,457 11.8% 21,368 11.0% 48,591 11.5%$25,000 - $34,999 2,609 8.9% 16,813 8.6% 38,830 9.2%$35,000 - $49,999 2,699 9.2% 18,961 9.7% 43,665 10.3%$50,000 - $74,999 4,763 16.3% 28,179 14.4% 59,303 14.0%$75,000 - $99,999 2,887 9.9% 21,304 10.9% 44,629 10.5%$100,000 - $149,999 3,617 12.4% 26,312 13.5% 54,508 12.9%$150,000 - $199,999 1,659 5.7% 13,522 6.9% 28,667 6.8%$200,000+ 1,607 5.5% 20,081 10.3% 42,189 10.0%

Median Household Income $49,227 $58,460 $55,768Average Household Income $75,910 $98,828 $96,230Per Capita Income $39,730 $46,292 $40,190

Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

August 28, 2017

©2017 Esri Page 2 of 7



2010 Population by Age Number Percent Number Percent Number PercentAge 0 - 4 1,695 3.4% 18,383 4.7% 53,965 5.7%Age 5 - 9 1,463 2.9% 15,485 4.0% 46,820 4.9%Age 10 - 14 1,589 3.2% 15,274 3.9% 47,000 4.9%Age 15 - 19 2,646 5.3% 17,869 4.6% 53,338 5.6%Age 20 - 24 5,497 11.1% 31,484 8.1% 74,702 7.9%Age 25 - 34 13,182 26.6% 88,308 22.6% 192,832 20.3%Age 35 - 44 8,839 17.8% 69,440 17.8% 158,970 16.7%Age 45 - 54 5,941 12.0% 52,992 13.6% 127,775 13.4%Age 55 - 64 4,172 8.4% 38,851 9.9% 93,897 9.9%Age 65 - 74 2,457 5.0% 21,753 5.6% 52,921 5.6%Age 75 - 84 1,537 3.1% 13,977 3.6% 32,842 3.5%Age 85+ 606 1.2% 6,648 1.7% 15,976 1.7%




August 28, 2017



deMograPhICS



Census 2010 SummaryPopulation 49,623 390,464 951,039Households 25,523 181,649 395,724Families 7,804 74,842 193,570Average Household Size 1.87 2.11 2.37Owner Occupied Housing Units 2,443 33,456 89,105Renter Occupied Housing Units 23,080 148,193 306,619Median Age 34.0 36.1 35.4

2017 SummaryPopulation 54,468 409,660 994,872Households 27,870 189,262 410,745Families 8,559 78,121 201,303Average Household Size 1.88 2.12 2.39Owner Occupied Housing Units 2,508 32,958 87,820Renter Occupied Housing Units 25,362 156,304 322,926Median Age 35.3 37.5 36.6Median Household Income $40,719 $50,963 $49,320Average Household Income $62,721 $83,790 $82,322

2022 SummaryPopulation 57,391 423,490 1,028,545Households 29,282 195,066 423,095Families 9,012 80,568 207,591Average Household Size 1.89 2.13 2.40Owner Occupied Housing Units 2,603 33,442 89,057Renter Occupied Housing Units 26,679 161,625 334,038Median Age 35.7 38.2 37.3Median Household Income $49,227 $58,460 $55,768Average Household Income $75,910 $98,828 $96,230

Trends: 2017-2022 Annual RatePopulation 1.05% 0.67% 0.67%Households 0.99% 0.61% 0.59%Families 1.04% 0.62% 0.62%Owner Households 0.75% 0.29% 0.28%Median Household Income 3.87% 2.78% 2.49%


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September 09, 2015









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August 28, 2017


REDUCED PRICE $3,250,000...l Centro a ve s unset Blvd w ilcox a ve d e l ongpre a ve s unset Blvd...

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