2600-2610 Robertson BLVD - OM PDF

2600-2610 S. ROBERTSON BLVD.
FOR S ALE
LOS ANGELES, CA
±16,219 SF Redevelopment Site
Zoned for: Commercial and Residential
Los Angeles
International Airport PACIFIC OCEAN
EL SEGUNDO
MARINA DEL REY
Downtown Culver City
Culver Steps
Amazon
CULVER CITY Culver Hotel
Apple Trader Joe's
Ivy Station One Culver
Father's Office Culver City Sony Pictures
Nike HD Buttercup
Expo Line WeWork PALMS
Equinox
HAYDEN TRACT Beats by Dre Helms Bakery HBO
NATIO NA L BLV D.
Palms
10 Expo Line
Helms Bakery District
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Retail Specialists Multifamily Specialists OFFERING PRICE:

TIMOTHY L. BOWER
Senior Vice President
JENSEN TONER
Client Services Specialist
KAMRAN PAYDAR
First Vice President
LAURIE LUSTIG-BOWER
Executive Vice President
$6,900,000
+1 310 550 2521 +1 310 550 2605 +1 310 550 2529 +1 310 550 2556
tim.bower@cbre.com jensen.toner@cbre.com kamran.paydar@cbre.com laurie.lustig-bower@cbre.com www.2600Robertson.com
Lic 08864693 Lic. 02059080 Lic. 01242590 Lic. 00979360
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2600-2610 S. Robertson Blvd., Los Angeles, CA 2

CENTURY CITY
BEVERLY HILLS
WESTWOOD
RANCHO PARK
BEVERLYWOOD

LOS ANGELES, CA
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DOWNTOWN LOS ANGELES
Jefferson/
La Cienega
Kaiser Permanente WEST ADAMS
10 Cumulus District
Shenandoah Street S A N TA
MONIC
Elementary School A FWY
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LOS ANGELES, CA
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EXECUTIVE AREA RENT AND
SUMMARY OVERVIEW SALES
COMPARABLES
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TIMOTHY L. BOWER
JENSEN TONER
KAMRAN PAYDAR
Vice President
LAURIE LUSTIG-BOWER
Executive Vice President $6,900,000
+1 310 550 2521 +1 310 550 2605 +1 310 550 2529 +1 310 550 2556
Lic 08864693 Lic. 02059080 Lic. 01242590 Lic. 00979360
CENTURY CITY
BEVERLY HILLS
WESTWOOD
RANCHO PARK
BEVERLYWOOD

LOS ANGELES, CA
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EXECUTIVE SUMMARY
THE OPPORTUNITY
CBRE, Inc., as exclusive agent is pleased to present for sale a ±0.37-acre infill Local shopping and dining options include bustling Downtown Culver City,
redevelopment site with the potential to build ±24,329 square feet by right local Robertson Boulevard and Venice Boulevard eateries, the Pico Boulevard
and ±32,843 with State Density Bonus in the highly desirable Beverlywood commercial district, Westwood, Beverly Hills and Century City.
neighborhood of West Los Angeles, California.
Key employment centers are located in the immediate neighborhood or within
Located north of Interstate 10 at 2600-2610 South Robertson Boulevard, the short commuting distance including:
Property is zoned for C4-1VL-CPIO which allows for commercial and residential
uses. Beverly Hills Westwood/UCLA
Culver City Brentwood
The Property has great visibility with ±200 feet of frontage at a signalized Century City Silicon Beach
intersection on highly trafficked Robertson Boulevard and ±80 feet of frontage Santa Monica South Bay
along Beverlywood Street, and boasts a “Very Walkable” WalkScore of 85 out Playa Del Rey
of 100.
The immediate neighborhood contains a wide array of daily needs shopping and
2600-2610 S. Robertson is proximate to: service businesses, including restaurants, a Sprouts Market on Venice Boulevard,
• An abundance of retail, shopping and entertainment amenities a Target on La Cienega Boulevard, and a planned Whole Foods Market.
• Numerous key employment centers
• Average value of owner-occupied housing units within 1-mile: $1,316,076 Current improvements on the Property consist of ±6,565 SF of building area
• Three Metro Expo Line stations located on ±16,219 SF of land with leases that are all month to month.
• Easy access to ocean front and hiking trail recreation
2600-2610 S. Robertson Boulevard is being offered at $6,900,000.
West Los Angeles is an ideal location to live, work, and play.
www.2600Robertson.com
Education and income demographics in the immediate area are exceptional:
62.1% of the population has a Bachelor’s or Master’s/Professional/Doctorate
Degree and 2025 projected household income is $149,518.
S. ROBER TSON BLVD.
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OPPORTUNITY HIGHLIGHTS
• Excellent West Los Angeles Location
• “Very Walkable” WalkScore of 85 out of 100
• Development supported by strong multifamily
demand drivers
• Great Visibility with ±200 Feet Along S. Robertson
Blvd. & ±80 Feet Along Beverlywood St.
• Signalized intersection - Exposure of up to ±48,000
Vehicles Per Day
• Abundance of Local Restaurant and Retail Amenities:
Local shopping and dining options include bustling

Downtown Culver City, local Robertson Boulevard and
Venice Boulevard eateries, the Pico Boulevard commercial
district, Westwood
Minutes to Century City, Beverly Hills, and Santa Monica
• Key Employment Centers are Adjacent or Nearby:
Beverly Hills Westwood/UCLA

Culver City Brentwood
Century City Silicon Beach
Santa Monica South Bay
Playa Del Rey

OPPORTUNITY HIGHLIGHTS
• Exceptional Demographics
2025 projected household income of $149,518
• Close to Three Metro Expo Line Stations:
Robertson/Venice, Palms, La Cienega/Jefferson
Access to Santa Monica Pier, Downtown Los Angeles

and points in between
• Enjoyment of Local Cultural Amenities

Getty Center
Hammer Museum, Westwood
The Broad Stage, Santa Monica (Performing Arts)
Wallis Annenberg Center for Performing Arts, Beverly Hills
Geffen Playhouse, Westwood
The Actors’ Gang, Culver City
Century City Mall
Downtown Culver City
• Abundant and Beautiful Recreation

Minutes to ocean and beachfront
Hiking trails
Neighborhood parks and recreation centers

PROPERTY INFORMATION
2600-2610 S. Robertson Blvd.

Property Address
Los Angeles, CA 90034
4301-007-001 (2600 S. Robertson Blvd.)
APN
4301-007-002 (2610 S. Robertson Blvd.)
±16,219 SF
Lot Size
± 0.37 Acres
Zoning C4-1VL-CPIO
Transit Oriented Community No
1.5:1 (By Right)

Permitted FAR
2.025:1(Max)
45 Feet (By Right)
Height Limit
56 Feet (Using the Statewide Density Bonus)
Approximately 6,565 SF of building area
Current Improvements located on ±16,219 SF of land with leases
that are month to month
±200 Feet Along S. Robertson Blvd. &
Frontage
±80 Feet Along Beverlywood
Entitled No
City Council District 10 - Herb J. Wesson, Jr.

RENT ROLL
(August 2020)
Monthly Lease Lease

Unit Tenant Name Comments
Rent Terms Expiration
8972 VACANT $0 - -
Has not paid rent since April 1, 2020 due to

2600 Art & Soul Tattoo $2,300 MG* MTM
COVID-19 closure.
Monthly rent was $1,900. Negotiated a discount

2602 Mostly Angels $1,400 MG* MTM and pre-paid to Dec 31, 2020 at $1,400 monthly
rent.
2604 Eli’s Upholstery $1,900 MG* MTM
2606 VACANT $0 - -
2608 VACANT $0 - -
Owner is currently negotiating a short term
VACANT - Former Beverlywood Swim School
2610/2612 $0 - - lease of approximately 9 months at a rate of
(Under Negotiation)
approximately $10,000 per month.
TOTAL $5,600
* Owner pays for water usage and trash removal.
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CENTURY CITY
BEVERLY HILLS
WESTWOOD
RANCHO PARK
BEVERLYWOOD

LOS ANGELES, CA
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AREA OVERVIEW
WEST LOS ANGELES
West Los Angeles is one of the most desirable
residential and business locations in Los
Angeles County. The submarket of West
Los Angeles is generally defined as the area
north of the 10 freeway, west of Century City/
Rancho Park, south of Wilshire Boulevard and
east of Centinela Avenue. With its proximity
to the Pacific Ocean, this location provides
superior weather conditions compared to
other (inland) areas of the county. Freeway
access to the area is considered good with
several points of ingress/egress to the 405
freeway as well as the 10 freeway. Housing
prices along with apartment, retail, and office
rents in the area are generally higher than
most other regions in the county. Over the
long term, the area is expected to retain its
highly desirable reputation, establishing the
benchmark for the remainder of the region.
The long-term outlook for the West Los
Angeles region is positive.

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DEMOGRAPHICS DENSE URBAN
Stats shown based on 3 mile radius. Source: CBRE Analytics 2020.
INFILL LOCATION
POPULATION
MEDIAN AGE
2020 Estimated Population 327,456
2020 Median Age 38
2025 Estimated Population 335,630
2020 Employees 246,578

TRAFFIC COUNTS
HOUSEHOLDS S. Robertson @ 24th 57,665
S. Robertson @ Hargis 57,197

2020 Households 140,861
S. Robertson @ Venice 90,522
2025 Households 143,485
National @ I-10 39,005
10 Freeway 267,355
AVERAGE HOUSEHOLD INCOME
Source: CBRE Analytics 2020.
2025 Household Income (1 mile) $149,518
2025 Household Income (3 miles) $137,648
EDUCATION
Associate's/Bachelor’s Graduate
or Professional Degree 62.1%

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2600-2610 S. Robertson Blvd., Los Angeles, CAAPR 2017 17

Subject to Ch MAY 2016 Subject to C
DRIVE TIMES
From 2600 -2610 S. Robertson Blvd. (without traffic)
Culver City 5 minutes Westwood 10 minutes
Santa Monica 8 minutes LAX Airport 14 minutes
Century City 8 minutes Hollywood 16 minutes
Beverly Hills 8 minutes Downtown Los Angeles 12 minutes

LOS ANGELES, CA

CULVER CITY
Culver City is in high demand. It has become a prime destination to work,
dine, shop and revel in the beauty of this historic movie town and its
dynamic art scene. Culver City has become a focal point for culture and
nightlife hosting an array of events while providing the clean and efficient
transportation to reach them.
Culver City boasts an incredibly desirable demographic base - affluent,

young, active and highly educated. With its centrality and a growing
amount of retail as well as its housing and transportation options, many are
choosing to live, work, and play in Culver City.
Downtown Culver City is a charming collection of outdoor cafes, unique

shops, art galleries, creative offices and vibrant nightlife opening onto
tree-lined boulevards. It boasts a City Hall of stunning architecture, Center
Theatre Group’s nationally renowned Kirk Douglas. Striking landmark
buildings are home to an array of entrepreneurial businesses and creative
enterprises, along with a wide selection of retail and restaurant services
for local residents to enjoy. Downtown Culver City offers the perfect
combination of small-town charm, with all the benefits of cosmopolitan big-
city living.
Culver City Employers

Culver City is currently one of the most talked about office areas in Los Angeles.
In the past few years, the area has experienced impressive tenant demand as well
as outsized rent growth. This has spurred elevated construction levels and the
pipeline is currently among the fullest of any submarket in L.A. today. Culver City
has won several of the mega lease deals announced in L.A. and has benefited
from the content production arms race underway in the city among the media
juggernauts. Amazon, Apple, and HBO have all made sizable commitments to
projects under construction.
The Platform 2600-2610 S. Robertson Blvd., Los Angeles, CA 19

Culver City & West Adams Area Development
Just a six minute drive from the Property, West Adams is located just East of Culver City is undergoing a major transformation. Spurred largely by the
development of CIM Group, West Adams has quickly become one of Los Angeles’ fastest growing submarkets and is home to an array of excellent
restaurants. Currently there are over 23 development sites located between S. Redondo Bvld. and S. Fairfax Ave. which will be developed into
creative office, retail, residential and hospitality. West Adams will include over 40,000sf of retail, over 50,000sf of creative office, numerous mixed-
use developments and hundreds of residential units.

LOS ANGELES, CA
AREA DEVELOPMENT MAP
INTERSTATE
10
Westwood/
Rancho 11
14
Arts District
10
12
Blackwelder
99 22 21
BLVD
Palms Creative 23
33 55 Campus
WEST
10
LVD
44
A AVE
X AVE
O BLVD
BLVD
88
HAW B
Culver 66 7 ADAMS BLVD ADAMS BLVD
11 16
HAUSER
REDOND
LA BRE
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City
Hayden La Cienega/ Expo/
15 17
HAM RD
22
CRENS
Jefferson La Brea
Tract Farmdale
14
18
19 20
Expo/
BUCKING
Downtown Crenshaw
Culver City
Expo/
Western
12 13
Carmel Partners - Cumulus Capri Capital Partners - Crenshaw Plaza

1 WestHackman
5767 Adams Capital - Culver Steps 6 13 Redevelopment 8-story, 400 room hotel, 10,000
19 Goat HQ
• Future Amazon HQ • 100,000SF Retail
• 75,000SF Office, 45,000SF Retail • 1,200 Apartment Units SF or high end retail and a 10-story 148,000 SF
Nearby Developments
and Public Plaza office tower
Hackman Capital - Apple 20 Rios Clementi Hale HQ
Hackman Capital - Culver Studios 7 District Square Development
2 • 85,000SF Office
14
1 Hackman• Capital
Future Amazon
- Culver Steps HQ 6 Samitaur Constructs - (W)Rapper 6.5-acre site including 573 residential units
• Amazon
720,000SF 5109 W. Adams
• Future HQ • 170,000sf Office
and retail amenities 21
Samitaur Constructs - (w)Project
Rapper • CIM Group
8
7 Carmel Partners - 115 Unit Mixed-Use
• 75,000sf Office, 45,000sf Retail
8 Hackman • Capital
170,000SF
- Apple Office • Proposed
Lowe
and PublicEnterprises
Plaza - Ivy Station
2 3Hackman • Capital
Mixed-Use Project
- Culver Studios • 85,0000sf Office
15 Watt Companies Development • 69 Resi Units
492 residential units and 47,500 SF of retail • 6,000 SF Retail
• 200,000SF Office, 55,000SF Retail, 200
• Future Amazon HQ Redcar Properties - Creative Office
9 CIM - Mixed-Use Development
Apartments, 148 Room Hotel, 2 Acres of

• 720,000sf OfficeCIM - Mixed-Use Development 10 9CIM - Warehouse
Development
Purchase - Plans TBD
Lowe Enterprises - Ivy Station 11 CIM - Apartment Complex
Outdoor Space
3
12 4d Development - 115 Unit Mixed-Use Project Olson Homes Development - 100 residential 5135 W. Adams
• Mixed-Use Project
4D Development - 115 Unit Mixed- 16 town homes and condos and 13,500 SF of 22 • CIM Group
10
13 CIM - 78-Key Hotel
• 200,000sf Office, 55,000 sf Retail, 200 Apartments, 148 Room Hotel,
Use Project
14 CIM - 6-Story, open space • Under Construction
Lincoln
2 Acres Property
of Outdoor - Apple HQ
Space 60-Unit Live/Work Office Building
4 4 • 128,000
Lincoln Property SF Office
- Apple HQ • 10 Resi Units
CIM - 6-story, 60-unit live/work office Expo Place
17
• 128,000sf Office
5 Karney Properties - The Wesley 11 building 30,000 SF creative office conversion
• 234 Apartments, 45,000sf Office, 30,000sf of Outdoor Space
Karney Properties 5170 W. Adams
5 • 234 Apartments, 45,000SF Retail, 12 Marlton Square - New shopping center 18
Expo Place
23 • CIM Group
with a residential component • 50,000 SF Sweetgreen HQ • Proposed
30,000SF of Outdoor Space
• 43 Unit Hotel

SANTA MONICA
Less than five miles from the subject site, the City of Santa Monica offers a plethora of retail and cultural amenities, and is an employment
hub for nearly 290,000 daytime employees. Santa Monica attracts a large daytime workforce due to a large concentration of media and entertainment
companies, such as Yahoo!, HBO, Hulu, Universal Music, Amazon, CBS, Riot Games, Red Bull, Google, Sony and Lionsgate Entertainment, inhabiting
more than five million square feet of Class A and creative office space.
Santa Monica is centered on three miles of wide, sandy white beaches making it the ultimate beach destination in Southern California for residents and
visitors alike. The city is the perfect beach town with a plethora of attractions. With its excellent economic and demographic fundamentals, Santa Monica
is one of the nation’s most desirable locations for residents, companies, and retailers.
THE RELOCATION OF TECH COMPANIES TO SOUTHERN CALIFORNIA IS PART

OF A GROWING MOVEMENT OF U.S. CITIES SEEKING TO DUPLICATE THE
FORMULA THAT TURNED NORTHERN CALIFORNIA’S SILICON VALLEY INTO A
MECCA OF SOCIETY-SHIFTING INNOVATION AND IMMENSE WEALTH.
– THE MERCURY NEWS 2600-2610 S. Robertson Blvd., Los Angeles, CA 21

WESTWOOD
Westwood is approximately 10 minutes by car from the Property.
It is home to UCLA and the popular shopping area of Westwood
Village. Westwood Village tenants include Whole Foods Market,
Trader Joe’s, Target, Ralph’s, Urban Outfitters, Victoria’s Secret,
Chipotle, Starbucks, Peet’s, The Coffee Bean & Tea Leaf, and
CVS. Along Wilshire Boulevard, the Westwood office market is
comprised of 12 office buildings comprising 3.6 million square
feet of gross leasable area, housing nearly 10,000 jobs.
UCLA Statistics
• 45,921 UCLA total enrollment (2018-2019)
• 14th in Global Ranking 2020 (U.S. News & World Report ranked)
• First among public universities (2020 Wallstreet Journal/Times
Higher Education)
• First among public universities (2020) and 20th overall among
national universities (U.S. News & World Report)

CENTURY CITY
Century City is a prominent business community comprised of major industry
sectors: legal, financial, entertainment, hospitality, medical, professional and
retail services. This “city within a city” is home to a cluster of high-rises that
command a visible stretch of L.A.’s skyline.
Nearly 50,000 people flock to Century City for the workday, but only
approximately 6,000 Angelenos call this sleek, commercially-driven
neighborhood home.
Though its population density thins at the end of the workday, Century City
is rife with neighborhood infrastructure. Several shopping malls and a host
of upscale restaurants contribute to a thriving retail and nightlife scene within
this commercial center, including the 422,000-square-foot Westfield Mall
development.
Westfield Mall New Century Plaza Development

Woodridge Capital Partners began construction on this $2.5 Billion project
in 2016. The development consists of two 44-story towers, located at 2025
Avenue of the Stars, and will house a combined 268 luxury residences once
completed. Architecture firm Pei Cobb Freed & Partners designed the twin
towers, which are fashioned in the shape of Reuleaux triangles - a nod to the
design of the iconic Century Plaza office towers across the street.
Right next to the towers, the historic Century Plaza Hotel is undergoing a
full refurbishment and will transform into a 400-key Fairmont Hotel. It will
include 63 condominiums on the upper floors, as well as 93,000 square feet
of commercial space. Gensler and Marmol Radziner designed the 16-story
adaptive reuse structure, building upon Minoru Yamasaki's original design.
As of October 2019, the Los Angeles Times reports that sales prices at for the
new condominiums would range from as low as $2 million to more than $50
million. More than $200 million in pre-sales had been closed at that point in
time.
Completion of the hotel is expected this Spring, while the toweres are
scheduled to open in Spring 2021.
New Century Plaza Development 2600-2610 S. Robertson Blvd., Los Angeles, CA 23

BEVERLY HILLS
Beverly Hills is one of the most celebrated and desired destinations in
the world. A name long associated with sophistication, glamour and
elegance, Beverly Hills is a distinguished city offering the very best in
hotels, shopping, dining and service. In the heart of it all sits Rodeo
Drive – undeniably one of the most famous streets on the globe. With
more than 100 world-renowned stores and hotels comprising its three
magnificent blocks within the Golden Triangle, it is easy to become lost
in the street’s splendor and charm.
Located in the heart of Los Angeles County, midway between downtown

Los Angeles and the Pacific Ocean, the City is located approximately 3
miles north of 2600-2610 S. Robertson Blvd. The City was incorporated
Rodeo Drive
in 1914 and consists of approximately 5.7 square miles of Los Angeles
County’s most prominent and expensive real estate. It is carried by the
focus of the entertainment industry, retail sales and important business
enterprises, as well as high income families and celebrities with high-
value housing stock throughout the community.
Beverly Hills contains some of the most exclusive, private luxury

residences in the world, with home prices among the highest in greater
Los Angeles and the United States.
Beverly Hills’ surrounding communities and major employment centers

includes the University of California Los Angeles, Westwood’s Wilshire
Boulevard office and condominium corridor, Century City 20th Century
Fox Studios, Cedars-Sinai Medical Center, Wilshire Boulevard’s Miracle
Mile, Hollywood and West Hollywood.
The Four Seasons 2600-2610 S. Robertson Blvd., Los Angeles, CA 24

CENTURY CITY
BEVERLY HILLS
WESTWOOD
RANCHO PARK
BEVERLYWOOD

LOS ANGELES, CA
DA
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RENT AND SALES COMPARABLES

RETAIL COMPARABLES RETAIL COMPS
Land Sale Comps

Property address City Zip Sale Price Land Size $/SF Land Zoning Sale Date
9080 Pico Blvd. Los Angeles 90067 $6,000,000 0.30 AC (13,360 SF) $449 C4-1VL-O September 2019
3318-3322 La Cienega Pl. Los Angeles 90016 $29,000,000 1.32 AC (57,499 SF) $504 MR1 May 2019
6055 W. Pico Blvd. Los Angeles 90035 $6,542,433 0.33 AC (14,375 SF) $455 LAC4 June 2018
9500 W. Pico Blvd. Los Angeles 90035 $11,500,000 0.48 AC (20,909 SF) $550 LAC4 October 2017
Lease Comps
Property address City Zip Tenant Size $/SF/Yr Term Transaction Date
1528 S. Robertson Blvd. Los Angeles 90035 Xotx Nursery 2,000 SF $46.20 MG 2 Years January 2020
8985 Venice Blvd. Los Angeles 90034 Pure Barre 1,770 SF $40.56 NNN 3 Years November 2019
8835-8837 Pico Blvd. Los Angeles 90035 Confidential 1,000 SF $48.00 NNN 5 Years June 2019
Properties for Lease

Property address City Zip Use/Type SF Available Rent/SF/Yr
2839 S. Robertson Blvd. Los Angeles 90034 Retail 900 SF $54.00 MG
1800 S. Robertson Blvd. Los Angeles 90035 Retail 1,070 SF $50.40 NNN
1449 S. Robertson Blvd. Los Angeles 90035 Retail/Office 1,400 SF $40.80 + Utilities
You are solely responsible for independently verifying the information in this Memorandum. ANY RELIANCE ON IT IS SOLELY AT YOUR OWN RISK.

MULTIFAMILY DEVELOPMENT PIPELINE
3
12

LOS ANGELES, CA
13
2 1
7 6 5 15
10
11
8 9 14
UNDER CONSTRUCTION
1 3311 La Cienega Blvd. 4 10412 W Venice Blvd. 7 3355 Overland Ave. 10 3570 Motor Ave. 13 5301 W Adams Blvd.
2 8809 Washington Blvd. 5 3608-3618 Dunn Dr. 8 3630-3638 Overland Ave. 11 3500 & 3524 S Chesapeake Ave. 14 3764-3766 S Motor Ave.
3 1056 S La Cienega Blvd. 6 10522-10528 Woodbine St. 9 3741 Motor Ave. 12 6001 W Pico Blvd. 15 3321 S La Cienega Blvd.

MULTIFAMILY DEVELOPMENT PIPELINE
YEAR
PROJECT NAME ADDRESS ZIP DEVELOPER PIPELINE STAGE
BUILT
1 ARQ 3311 La Cienega Blvd. 90016 2021 Carmel Partners Under Construction
Lowe Enterprises Real

2 Upper Ivy 8809 Washington Blvd. 90232 2020 Under Construction
Estate Group
3 1056 South La Cienega Boulevard 1056 S La Cienega Blvd. 90035 2021 Amoroso Companies Under Construction
California Landmark
4 10412 West Venice Boulevard 10412 W Venice Blvd. 90232 2021 Under Construction
Group
5 3608-3618 Dunn Drive 3608-3618 Dunn Dr. 90034 2020 Wiseman Residential Under Construction
6 10522-10528 Woodbine Street 10522-10528 Woodbine St. 90034 2021 Under Construction
7 3355 Overland Avenue 3355 Overland Ave. 90034 2021 RKR Partners Under Construction
8 The Jagger 3630-3638 Overland Ave. 90034 2022 Anejo Development Under Construction
9 3741 Motor Avenue 3741 Motor Ave. 90034 2020 Under Construction
10 3570 Motor Avenue 3570 Motor Ave. 90034 2021 Under Construction
11 3500 & 3524 South Chesapeake Avenue 3500 & 3524 S Chesapeake Ave. 90016 2021 Under Construction
12 6001 West Pico Boulevard 6001 W Pico Blvd. 90035 2021 Under Construction
13 5301 West Adams Boulevard 5301 W Adams Blvd. 90016 2020 CIM Group Under Construction
14 3764-3766 South Motor Avenue 3764-3766 S Motor Ave. 90034 2021 Under Construction
15 VOX 3321 S La Cienega Blvd. 90016 2021 Carmel Partners Under Construction

Rent Comp Map
MULTIFAMILY RENT SURVEY
Subject Property
1 3838 by CLG
2 Access Culver City
3 Harlow Culver City
4 M Lofts
2
4
1
3
Layout ID:L01 MapId:7278057

© 2020 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by
either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such
steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced.

The buildings are currently offering varying free rent concessions due to COVID-19. (pgs 30-33)
1
3838 by CLG
86 Units
3838 Dunn Drive
Culver City, CA 90232
(323) 379-1988
Completed Date Improvements Rating B+
February, 2018 Occupancy 91.9%
Common Area Amenities - Controlled Access, Fitness Center, 1 Spa,

Rental Office - Stand Alone
Parking - Total Parking - 117 Spaces, Covered Parking Is Available For
An Additional $0 Per Month, Parking Type - Above Ground and
Subterranean
Functional Characteristics - Private Balcony/Patio
Apartment Interior Amenities - Internet Access, Above Standard Ceiling
Height, Microwave Ovens
Unit Type Unit Size (SqFt) Actual Rent

Unit Description Count % of Total Unit Total Total SqFt
Studio 2 2.33% 442 884 $2,594 $5.87

One Bedroom/Alcove 1 1.16% 552 552 $2,735 $4.95
One Bedroom 74 86.05% 648 47,987 $3,033 $4.68
Two Bedroom/One and Three Quarter Bath 8 9.30% 1,085 8,678 $4,080 $3.76
Three Bedroom/One and Three Quarter
1 1.16% 1,085 1,085 $4,318 $3.98
Bath
Total/Average 86 100% 688 59,186 $3,139 $4.55 Source: Yardi

2 Access Culver City
115 Units
8770 Washington Blvd
(310) 837-8770
Completed Date Improvements Rating A
September, 2016 Occupancy 96.5%
Common Area Amenities - Controlled Access, Fitness Center,

Clubhouse, 1 Swimming Pool, 1 Spa, Rental Office - Stand Alone
An Additional $0 Per Month, Parking Type - Above Ground and
Subterranean
Functional Characteristics - Private Balcony/Patio, Construction Type -
Combination
Other Factor - Major Street Exposure - Washington Blvd and National
Blvd, View - Downtown Los Angeles

Studio 3 2.61% 607 1,821 $3,377 $5.56

One Bedroom/Alcove 17 14.78% 762 12,954 $3,293 $4.32
One Bedroom 39 33.91% 754 29,388 $3,221 $4.27
Two Bedroom/Two Bath 34 29.57% 1,105 37,556 $4,691 $4.25
Two Bedroom/Townhouse/Loft/Two Bath 12 10.43% 1,289 15,468 $5,374 $4.17
Three Bedroom/Townhouse/Two and Three
9 7.83% 1,858 16,726 $6,175 $3.32
Quarter Bath
Three Bedroom/Townhouse/Three and One
1 0.87% 1,844 1,844 $7,518 $4.08
Half Bath
Total/Average 115 100% 1,007 115,757 $4,163 $4.14 Source: Yardi

3 Harlow Culver City
131 Units
9901 Washington Blvd
(310) 845-9455
Completed Date Improvements Rating A-
February, 2016 Occupancy 90.8%
Common Area Amenities - Controlled Access, Fitness Center,

Clubhouse, Rental Office - Stand Alone
An Additional $0 Per Month, Parking Type - Subterranean
Steel Frame
Other Factor - Major Street Exposure - Washington Blvd, View -
Downtown Los Angeles

Loft/Studio 7 5.34% 761 5,329 $3,934 $5.17

One Bedroom 14 10.69% 674 9,430 $3,304 $4.90
One Bedroom/Den 5 3.82% 825 4,125 $3,364 $4.08
One Bedroom/Townhouse/One and One
19 14.50% 852 16,179 $4,098 $4.81
Half Bath
One Bedroom/Townhouse/Loft/One Bath 4 3.05% 848 3,392 $5,665 $6.68
One Bedroom/Townhouse/Den/One and
8 6.11% 923 7,380 $4,142 $4.49
One Half Bath
Two Bedroom/One and One Half Bath 5 3.82% 833 4,165 $2,995 $3.60
Two Bedroom/Two Bath 21 16.03% 1,010 21,204 $3,749 $3.71
Two Bedroom/Townhouse/One and One
13 9.92% 1,109 14,420 $4,267 $3.85
Half Bath
Two Bedroom/Townhouse/Two and One
6 4.58% 1,219 7,314 $4,138 $3.39
Half Bath
Three Bedroom/Two Bath 9 6.87% 1,219 10,974 $4,229 $3.47
Three Bedroom/Three Bath 2 1.53% 1,315 2,630 $4,301 $3.27
Three Bedroom/Townhouse/One and One
4 3.05% 1,023 4,092 $4,348 $4.25
Half Bath
Three Bedroom/Townhouse/Two and One
14 10.69% 1,412 19,762 $4,564 $3.23
Half Bath
Total/Average 131 100% 995 130,396 $4,017 $4.04 Source: Yardi
Source: Occupancy data derived from USPS records
Page 3 of 4

4 M Lofts
115 Units
3425 Motor Avenue
Los Angeles, CA 90034
(310) 280-3900
Completed Date Improvements Rating B
October, 2014 Occupancy 93.9%
Common Area Amenities - Controlled Access, Four Laundry Facilities,

Fitness Center, Rental Office - Stand Alone
An Additional $0 Per Month, Parking Type - Subterranean
Frame
Other Factor - Major Street Exposure - Motor Avenue

Loft/Studio 80 69.57% 369 29,484 $2,357 $6.40

One Bedroom 35 30.43% 493 17,253 $2,625 $5.31
Total/Average 115 100% 406 46,737 $2,428 $6.04
Source: Yardi

DISCL AIMER
AFFILIATED BUSINESS DISCLOSURE This Memorandum contains select information pertaining to the Property
CBRE, Inc. operates within a global family of companies with many and the Owner, and does not purport to be all-inclusive or contain all
subsidiaries and related entities (each an “Affiliate”) engaging in or part of the information which prospective investors may require to
a broad range of commercial real estate businesses including, evaluate a purchase of the Property. The information contained in this
but not limited to, brokerage services, property and facilities Memorandum has been obtained from sources believed to be reliable,
management, valuation, investment fund management and but has not been verified for accuracy, completeness, or fitness for
development. At times different Affiliates, including CBRE Global any particular purpose. All information is presented “as is” without
Investors, Inc. or Trammell Crow Company, may have or represent representation or warranty of any kind. Such information includes
clients who have competing interests in the same transaction. For estimates based on forward-looking assumptions relating to the general
example, Affiliates or their clients may have or express an interest economy, market conditions, competition and other factors which
in the property described in this Memorandum are subject to uncertainty and may not represent the current or future
(the “Property”), and may be the successful bidder for the performance of the Property. All references to acreages, square footages,
Property. Your receipt of this Memorandum constitutes your and other measurements are approximations. This Memorandum
acknowledgement of that possibility and your agreement that describes certain documents, including leases and other materials, in
neither CBRE, Inc. nor any Affiliate has an obligation to disclose to summary form. These summaries may not be complete nor accurate
you such Affiliates’ interest or involvement in the sale or purchase descriptions of the full agreements referenced. Additional information
of the Property. In all instances, however, CBRE, Inc. and its and an opportunity to inspect the Property may be made available to
Affiliates will act in the best interest of their respective client(s), qualified prospective purchasers. You are advised to independently
at arms’ length, not in concert, or in a manner detrimental to verify the accuracy and completeness of all summaries and information
any third party. CBRE, Inc. and its Affiliates will conduct their contained herein, to consult with independent legal and financial
respective businesses in a manner consistent with the law and all advisors, and carefully investigate the economics of this transaction and
fiduciary duties owed to their respective client(s). Property’s suitability for your needs. ANY RELIANCE ON THE CONTENT
OF THIS MEMORANDUM IS SOLELY AT YOUR OWN RISK.
CONFIDENTIALITY AGREEMENT
Your receipt of this Memorandum constitutes your The Owner expressly reserves the right, at its sole discretion, to reject
acknowledgement that (i) it is a confidential Memorandum solely any or all expressions of interest or offers to purchase the Property, and/
for your limited use and benefit in determining whether you desire or to terminate discussions at any time with or without notice to you. All
to express further interest in the acquisition of the Property, (ii) offers, counteroffers, and negotiations shall
you will hold it in the strictest confidence, (iii) you will not disclose be non-binding and neither CBRE, Inc. nor the Owner shall have any
it or its contents to any third party without the prior written legal commitment or obligation except as set forth in a fully executed,
authorization of the owner of the Property definitive purchase and sale agreement delivered by the Owner.
(“Owner”) or CBRE, Inc., and (iv) you will not use any part of this
Memorandum in any manner detrimental to the Owner or CBRE, Copyright Notice
Inc.
If after reviewing this Memorandum, you have no further interest in © 2020 CBRE, Inc. All Rights Reserved.
purchasing the Property, kindly return it to CBRE, Inc.
FOR S ALE
LOS ANGELES, CA
±16,219 SF Redevelopment Site
Zoned for: Commercial and Residential
S. R
OBE
RTS
ON
B LV
D.

TIMOTHY L. BOWER
JENSEN TONER
KAMRAN PAYDAR
First Vice President
LAURIE LUSTIG-BOWER
Executive Vice President
$6,900,000
+1 310 550 2521 +1 310 550 2605 +1 310 550 2529 +1 310 550 2556
Lic 08864693 Lic. 02059080 Lic. 01242590 Lic. 00979360

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2600-2610 S. ROBERTSON BLVD.

Retail Specialists Multifamily Specialists OFFERING PRICE:

2600-2610 S. ROBERTSON BLVD.

2600-2610 S. Robertson Blvd., Los Angeles, CA 2

2600-2610 S. ROBERTSON BLVD.

2600-2610 S. Robertson Blvd., Los Angeles, CA 3

Kaiser Permanente WEST ADAMS

2600-2610 S. ROBERTSON BLVD.

2600-2610 S. Robertson Blvd., Los Angeles, CA 4

2600-2610 S. Robertson Blvd., Los Angeles, CA 5

Retail Specialists Multifamily Specialists OFFERING PRICE:

2600-2610 S. ROBERTSON BLVD.

• Abundance of Local Restaurant and Retail Amenities:

Local shopping and dining options include bustling

Minutes to Century City, Beverly Hills, and Santa Monica

• Key Employment Centers are Adjacent or Nearby:

Beverly Hills Westwood/UCLA

2600-2610 S. Robertson Blvd., Los Angeles, CA 9

Access to Santa Monica Pier, Downtown Los Angeles

• Enjoyment of Local Cultural Amenities

• Abundant and Beautiful Recreation

2600-2610 S. Robertson Blvd., Los Angeles, CA 10

2600-2610 S. Robertson Blvd.

Transit Oriented Community No

1.5:1 (By Right)

City Council District 10 - Herb J. Wesson, Jr.

2600-2610 S. Robertson Blvd., Los Angeles, CA 11

Monthly Lease Lease

Has not paid rent since April 1, 2020 due to

Monthly rent was $1,900. Negotiated a discount

2600-2610 S. Robertson Blvd., Los Angeles, CA 12

2600-2610 S. ROBERTSON BLVD.

2600-2610 S. Robertson Blvd., Los Angeles, CA 14

2600-2610 S. Robertson Blvd., Los Angeles, CA 15

2020 Employees 246,578

HOUSEHOLDS S. Robertson @ 24th 57,665

S. Robertson @ Hargis 57,197

2025 Household Income (1 mile) $149,518

2025 Household Income (3 miles) $137,648

2600-2610 S. Robertson Blvd., Los Angeles, CA 16

Cienega/Jefferson Stations. The Expo Line allows Warner Ctr

by rail with Downtown Los Angeles, Hollywood,

Los Angeles River

California) and Downtown Los Angeles, the Metro CRENSHAW/

LAX Shuttle (free)

2600-2610 S. Robertson Blvd., Los Angeles, CAAPR 2017 17

Santa Monica 8 minutes LAX Airport 14 minutes

Century City 8 minutes Hollywood 16 minutes

Beverly Hills 8 minutes Downtown Los Angeles 12 minutes

2600-2610 S. ROBERTSON BLVD.

2600-2610 S. Robertson Blvd., Los Angeles, CA 18

Culver City boasts an incredibly desirable demographic base - affluent,

Downtown Culver City is a charming collection of outdoor cafes, unique

Culver City Employers

The Platform 2600-2610 S. Robertson Blvd., Los Angeles, CA 19

2600-2610 S. ROBERTSON BLVD.

Carmel Partners - Cumulus Capri Capital Partners - Crenshaw Plaza

Apartments, 148 Room Hotel, 2 Acres of

2600-2610 S. Robertson Blvd., Los Angeles, CA 20

THE RELOCATION OF TECH COMPANIES TO SOUTHERN CALIFORNIA IS PART

– THE MERCURY NEWS 2600-2610 S. Robertson Blvd., Los Angeles, CA 21

2600-2610 S. Robertson Blvd., Los Angeles, CA 22

Westfield Mall New Century Plaza Development