6821VICTORIA AVE

EXECUTIVE SUMMARYWe are pleased to offer for sale a freestanding industrial property located at 6821-6815 S. Victoria avenue in Los Angeles. It was built in 1946 as an electrical components factory by entrepreneur Jack Stern.The property is comprised of an existing 8000 sq ft industrial building built in 1946 over a 22669 sqft level lot zoned MR1 and provides the opportunity to build up to 10000sqft of additional industrial building based on the current restrictions. This redevelopment opportunity is located in South Los Angeles within close proximity to the the new Hollywood park development. The redevelopment is planned to add the new 80,000 seats RAM stadium, a mixed usedevelopment that will bring 3,000 units of housing, 620,000 square feet of retail space, aluxury hotel, and a revamped Hollywood Park Casino over a 238 acres property.The City is also investing in the area through several public works projects, such as theFlorence avenue repavement and landscaping, and the redondo blvd pedestrian walk withparking. These public projects will provide momentum for streetscape improvements anddistrict development.

The site is conveniently located adjacent to Inglewood between the 405 and 110 highways, both accessible within a 8 minutes drive. Inglewood Santa monica and Downtown Los angeles are both accessible within 30 minutes from the premise. The site is located one block from the Florence ave and Crenshaw blvd cross street which carries a significant traffic volume. LAX is accessible in 12 minutes.The project site is within a short walking distance of subway stations and regional masstransit. Only 1000 feet from the future Fairview Height metro station due to open in 2019(Crenshaw/ LAX line).Two bus stations are within one block from the property on crenshaw blvd and Florenceavenue. The site offers frontage with ingress and egress on victoria avenue. The Los angeles county permanent parcel number is 4006 023 004.

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INVESTMENT HIGHLIGHTSRARE OWNER-USER / INVESTMENT / REDEVELOPMENT OPPORTUNITY IN HYDE PARK

• Delivered fully renovated. Possibility to build to suit

Potential for rezoning / variance for a multifamily andwork / live redevelopment

• Eligible for marijuana cultivation and manufacturing according to the new los angeles commercial cannabis location restriction ordinance

• Excellent ingress/egress.

• Possibility to purchase adjacent lot at 6825 S Victoria,and add 6600sqft with a second street access

STRATEGIC LOCATION

• located in the rapidly gentrifying Hyde park neighborhood, adjacent to Inglewood

• 1000 feet from the future Fairview height metro station due to open in 2019

Adjacent to the upcoming multibillion dollars Hollywood park redevelopment project, including the Los angeles Rams stadium

Enterprise zone

• 10 min from LAX, the 405 and fast access to DTLA

Adjacent to Florence / Crenshaw cross street•

EXCELLENT MARKET FUNDAMENTALS:

SOUTH LOS ANGELES INDUSTRIAL MARKET –

• Significant Rent Growth: 6,8% year on year

• Very low vacancy: 1%

• Strong appreciation

$2,250,000

Zoning MR1 light manufacturing

Total Land Area 0.52 acre

Total Building

Area8000 to 8973 sqft

APN

INVESTMENT SUMMARY

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•

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• 20 minutes from Venice

•

• Plans and approvals for a 8000 to 10000sqft metal /concrete addition. 24 ft clear ceiling heightUtilities are already in

• Multiple activities possible from manufacturing,warehousing, creative offices, studios,...

• New underground heavy power 800Amp @ 240/120Vwith 4 tenant meters (2 for the new buiding)

Priced at

Property class B

4006 023 004

Offering price

FLORENCE AVENUE

FAIRVIEW HEIGHTS METRO STATION

M

LOS ANGELES STADIUMAT HOLLYWOOD PARK

VICTORIA AVENUEMcDONALD’s

ARCO

7ELEVEN

DELTA FLORAL DISTRIBUTORS

MOBILE

LCI ARCHITECTURAL WOODWORK

DOWNTOWNINGLEWOOD

6821Victoria ave

PROPERTY HIGHLIGHTS

INTERSECTION AVERAGE DAILY TRAFFIC

37,589

LAX 8.1 miles / 12 min

DTLA 9.8 miles / 18 min

405 2.7 miles / 7 min

110 3 miles / 8 min

Marina del rey 9 miles / 15 min

DAILY TRAFFIC COUNTS DISTANCES AND TIME

ADDRESS: 6821 - 6815 S Victoria ave, Los Angeles CA 90043

APN: 4006-023-004

GROSS BUILDING SIZE: 8000 sqft

LAND SIZE: 0.52 acre

YEAR BUILT: 1946

HVAC: no

STORIES: Two (2)

PARKING: +/- 80 Spaces (4/1,000)

ROOF: Flat

CONSTRUCTION TYPE: Masonry

ELEVATOR: no

SPRINKLERS: no

ZONING: MR1 Light manufacturing

UTILITIES:

Water LADWP

Sewer City of Los Angeles

Electricity LADWP

Natural Gas N/A

Local Phone AT&T

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Florence / Crenshaw

SITE PLAN / PARKING OVERVIEW

5

AERIAL VIEW

6

ADDITIONAL LAND AVAILABLE TO PURCHASE

NEW BUILDINGFOOTPRINT

AERIAL VIEW / NEARBY DEVELOPMENTS

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HOLLYWOOD PARK PROJECT

NEW CRENSHAW LAX LINEOPEN 2019

PROPOSED DEVELOPMENT SITE

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Martin LutherKing Jr

LeimertPark

Hyde Park

FairviewHeights

DowntownInglewood

Westcheste r/Veterans

Aviation/Century

Expo/La Brea

Farmdale

Expo/Crenshaw

Expo/Western

Culver City

Expo Par k /USC

J efferson/USC

23rd St

Expo/Vermont

La Cienega/Jefferson

Harbor Fwy

Vermon t/Athens

Redondo Beach

Douglas

El Segundo

Mariposa

Aviation/LAX

Hawthorne/Lennox

Crenshaw

Avalon

Wilshire/Western

Wilshire/Normandie

Westlake/MacArthur

Park

Vermont/Beverly

Wilshire/Vermont

Hollywood/Highland

Slauson

37th St/USC

Manchester

105

405

405

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LOSFELIZ

PARKLA BREA

MID-CITY

MARINADELREY

LADERAHEIGHTS

BALDWINHILLS

BEL AIR

UCLA

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WEST

LOS ANGELES

HOLLYWOODHILLS

WEST HOLLYWOOD

SILVERLAKE

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PALMS

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ATHENS

LAX

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HYDEPARK

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WESTCHESTER

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KOREATOWN

WILSHIRE CENTER

WESTWOOD

LENNOX

INGLEWOOD

EL SEGUNDO

HAWTHORNE

LOS ANGELES

GARDENA

CULVER CITY

Existing Metro Rail & Station

Metro Silver Line & Station

Purple Line Extension (under construction)

Purple Line Extension(approved alignment)

Exposition Transit Corridor Phase 2 (under construction)

Harbor Subdivision

Light Rail (LRT) Alignment & Station

At-Grade LRT

Below Grade LRT

Aerial LRT

Maintenance Yard Site

Parking

Subject to Change 14-0207 © 2013 LACMTA

Crenshaw/LAX Transit Corridor(under construction)

Línea y estación de Metro existente

Metro Silver Line y estación

Extensión de Purple Line (bajo construcción)

Extensión de Purple Line (alineamiento aprobado)

Corredor de Transporte Exposition fase 2(bajo construcción)

Harbor Subdivision

Estación y alineamiento de tren ligero (LRT)

LRT a nivel de la calle

LRT debajo de nivel

LRT a nivel elevado

Sitio de mantenimiento

Estacionamiento

Sujeto a cambios 16-0208 © 2015 LACMTA

Corredor de Transporte Crenshaw/LAX(bajo construcción)

16-0208 © 2015 LACMTA

Crenshaw/LAX Transit Project

CRENSHAW-LAX TRANSIT PROJECTThe Metro Crenshaw/LAX Line will extend from the existing Metro Exposition Line at Crenshaw and Exposition Boulevards. The Line will travel 8.5 miles to the Metro Green Line and will serve the cities of Los Angeles, Inglewood and El Segundo, and portions of unincorporated Los Angeles County. The new Metro Rail extension will offer an alternative transportation option to congested roadways and provide significant environmental benefits, economic development and employment opportunities throughout Los Angeles County. Riders will be able to make easy connections within the entire Metro Rail system, municipal bus lines and other regional transportation services.

The Crenshaw/LAX Transit Project will serve the Crenshaw District, Inglewood, Westchester and surrounding area with eight stations at:

1. Expo/Crenshaw

2. Martin Luther King Jr.

3. Leimert Park

4. Hyde Park

5. Fairview Heights

6. Downtown Inglewood

7. Westchester/Veterans

8. Aviation/Century

In addition to the alternative transportation option to congested roadways, the project will also provide significant environmental benefits, economic developmentand employment opportunities throughout Los Angeles County.

The Crenshaw/LAX Project is one of 12 transit projects funded by Measure R, the half-cent sales tax approved by Los Angeles County voters in 2008.

AREA DEVELOPMENT

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PRE CONSTRUCTION SITE PICTURES

Stocker Street

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PRE CONSTRUCTION SITE PICTURES

Stocker Street

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PRE CONSTRUCTION SITE PICTURES

Stocker Street

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PRE CONSTRUCTION SITE PICTURES

Stocker Street

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PRE CONSTRUCTION SITE PICTURES

Stocker Street

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