creative owner/user - loopnet€¦ · sherman oaks, ca 91403 818.986.9800 main | 818.933.0405 fax....
TRANSCRIPT
3450 Cahuenga Boulevard, Los Angeles CA 90068
CREATIVEOWNER/USER
THE ENCLAVE@universal
| 2 | The enclave
The material contained herein is confidential and is presented strictly as information for the exclusive use of the prospective purchaser. Acceptance of this offering by the prospective purchaser constitutes an agreement not to divulge, share or distribute the information to any other party, except legal counsel and financial advisors, without the specific written authorization of the Seller or Lee & Associates.
The materials herein have been obtained from sources believed to be reliable. Nevertheless, the Seller nor Lee & Associates make no warranties or representations, expressed or implied, concerning the accuracy or completeness of this information. This document is submitted subject to errors, omissions, changes in price; rental, market or otherwise and withdrawal without notice.
No broker or agent, other than Lee & Associates Seller’s exclusive representative, is authorized to present this investment opportunity.
Interested buyers should be aware that the owner (the “Seller”) of the property known as 3450 Cahuenga Boulevard, Los Angeles CA 90068 (“Property”) is selling the property in “AS IS” CONDITION WITH ALL FAULTS, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE, EXCEPT WARRANTY OF TITLE. Prior to and/or after contracting to purchase as appropriate, Buyer will be given a reasonable opportunity to inspect and investigate the Property and all improvements thereon, either independently or through agents of Buyer’s choosing.
Buyer shall not be entitled to, and should not, rely on the Seller, or its agents as the (i) the quality, nature, adequacy and physical condition of the Property including, but not limited to the structural element, foundation, roof, appurtenances, access, landscaping, parking facilities and the electrical, HVAC, plumbing, sewage, and utility systems, facilities and appliances. (ii) the quality, nature adequacy and physical condition of soils and geology and the existence of ground water, (iii) the existence, quality, nature adequacy and physical condition of utilities serving the Property, (iv) the development potential of the Property, its habitability, merchantability, or fitness, suitability or adequacy of the Property for any particular purpose, (v) the zoning or the legal status of the Property, (vi)
the Property’s or its operations’ compliance with applicable codes, laws, regulations, statutes, ordinances, covenants, conditions and restrictions of any governmental, quasi-governmental entity or any other person or entity, (vi) the quality of any labor and materials, (viii) the compliance of Property with any environmental protection, pollution or land use laws, rules regulations, orders or requirements including but not limited to those pertaining to the handling, generating, storing or disposing of any hazardous materials, and (ix) except as expressly provided otherwise in an executed contract of sale, the condition of title and the nature, status and extent of any right-of-way, lease, right of redemption, possession, lien, encumbrance, license, reservation, covenant, condition restriction and any other matter affecting the title. Although Seller’s predecessors may have performed work, or contracted for work performed by third parties in connection with the Property, the Seller, and its agents shall not be responsible to Buyer or any successor on account of any errors or omissions or construction defects of such predecessors and/or third parties.
The Seller reserves the right to withdraw the property being marketed at any time without notice, to reject all offers, and to accept any offer without regard to the relative price and terms of any other offer. Any offer to buy must be: (i) presented in the form of a non-binding letter of intent, (ii) incorporated in a formal written contract of purchase and sale to be prepared by or on behalf of the Seller and executed by both parties; and (iii) approved by Seller, and such other parties who may have an interest in the Property. Neither the prospective Buyer nor Seller shall be bound until execution of the contract of purchase and sale, which contract shall supersede prior discussions and constitute the sole agreement of the parties.
The Seller shall not be responsible for the payment of any commission, finder’s fee or other form of compensation to Buyer’s broker other than as set forth in Seller’s commission agreement with Lee & Associates-LA North/Ventura, Inc.
SELLER AND ITS AGENTS MAKE NO REPRESENTATIONS OR WARRANTIES AS TO THE ACCURACY OR COMPLETENESS OF SUCH INFORMATION.
DISCLAIMER
THE OPPORTUNITY
Lee & Associates®-LA North/Ventura, Inc.Corporate ID #01191898A Member of the Lee & Associates Group of Companies15250 Ventura Boulevard, Suite 100Sherman Oaks, CA 91403818.986.9800 Main | 818.933.0405 Fax
FOR MORE INFORMATIONPLEASE CONTACT:
SCOTT ROMICKPrincipal/Managing [email protected] # 01323527
DARREN [email protected] # 01425638
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EXECUTIVE SUMMARY
Lee & Associates, as exclusive commercial brokerage, is pleased to announce that we have been retained to represent the owner in the sale of a specific number of unique owner-user opportunities in one of the most unique real estate assets in this market – The enclave. The campus consists of individual private separate entry commercial condominiums with the special added benefit of being designated “Live/Work”.
Designed and developed ahead of its time, The enclave embodies everything that businesses and tenants look for in today’s office market…..a productive workplace environment with emphasis on light, space and contemporary design. With high-quality construction of only 10 years old that is unparalleled in this market of properties that average over 60 years old. The enclave community is complete with lush tree-lined streets and outdoor amenity spaces for tenants use such as BBQ and lounge area with fireplace, ping pong table, dog walk, valet parking etc.
The campus lies at the crossroads between the East Valley Media and Entertainment area and Hollywood, central to all of the main Film and TV studios, new and old mediums. Occupiers walk to a variety of great amenities including restaurants, bars, gyms, an outdoor park and so much more. With immediate multiple freeway access points and roads to all major destinations in the surrounding areas, The enclave is an ideal location for many types of businesses who want to be close to their clients.
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PROPERTY DESCRIPTION
CONNECTEDOUTDOOR SPACE
GAMEFACILITIES
PROXIMITY TOAMENITIES
CENTRALLOCATION
CREATIVECULTURE
The enclave community includes:
� Individual units with separate private entrance
� Units range from 1,921 sf to over 6,000 sf
� Each unit is designed with top-tier finishes
• 12-foot ceilings at the ground level
• Expansive second floor work area with 18-foot exposed beam high ceilings
• Third floor allows for privacy as well as viewing of the main space
• Ground floor for studio space, work area, parking or a mix of all
• Walls are concrete filled concrete block which allows for excellent sound attenuation
• Operable windows
• All units have 2 usable private balconies.
• Most units have private yards
See the Opportunity List on page 18
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PROPERTY HIGHLIGHTS
� The enclave is a unique development that enjoys a superb location in the heart of the entertainment and media corridor
� Each unit floor plan is distinctively unique featuring three story units with exposed concrete block walls, beams and wood floors blending the creative industrial loft feel with the bright and breezy vibe of Southern California.
� Tenants of The enclave can walk to restaurants, coffee houses, theatres, music venues, gyms and parks within a safe and pedestrian friendly neighborhood.
� A sought after street, Tenants have immediate access within 5 minutes walking distance to over 15 food and drink establishments as wells as a popular LA Fitness facility and public park.
� The location also is just down the street from Universal Studios and the retail mix of the CityWalk and NBC/Comcast headquarters as well as a short drive to Warner Brothers, Disney, CBS and Burbank Studios on the Valley side and a multitude of media companies a couple miles away in Hollywood.
� Burbank, Universal City, North Hollywood, Studio City and Hollywood are well known for their large concentration of media and entertainment employers covering the full spectrum of animation, film, television, radio, music labels and media with more studio production square footage than any place in the world.
� Close to the Universal Studio lot, Metro station to catch the Red Line South to Hollywood and DTLA or north to North Hollywood. Bus #237 just outside the property. Freeway access one block from the northbound 101 freeway on/off ramp and .4 miles from the southbound on/off ramp.
Community Amenities
� Community private streets
� Private Lounge areas with BBQ and eating areas
� Game area
� Dog walk
� Valet vistor parking
� Secured entry gates
� Excellent views of the surrounding Hollywood Hills
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WHY THE ENCLAVE? WHY NOW?
� One of the easiest properties to own
• Move in ready, low maintenance, lower ownership costs and management
� The Creative design style is in demand
• Majority of businesses/tenants want a creative, contemporary look and feel for their workplace
• Creative campus and office communities are one of the top trends for users
� Optionality for small businesses
• Will accommodate small users that can’t find a building properly sized for their own use
• Units of 1,921 and 2,361 sq. ft. with ability to combine units for over 6,000 sq. ft.
� Priced lower than comps
• The average purchase price is $532 per sq. ft. compared to $629 psf for similar sized single tenant properties sold in the past three years in the area….and with much less improvements required in comparison
• Time to buy - prices per sq. ft. have risen for the past 5 years and forecast to continue (Costar Reports)
� Commercial office market continues strong
• Studio/Universal Cities office ask rents have gone up ±4.1% YTD with forecast of 4.1% for the next 12 months (Costar Reports). Stop paying rent and not be in control. Time to invest in your future.
� Be a part of an energetic and safe community
• A fantastic mix of entertainment and creative businesses
� New Construction / Better Construction
• Built just 10 years ago vs average age of similar sized single tenant user assets in area of over 60 years old. Reduces upfront costs to renovate, update and repair the property
• High end quality improvements of finishes, walls, doors, windows etc.
� Faster and easier purchase, escrow and due diligence process
� No new construction planned in near future
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PROPERTY OVERVIEW
Zoning: LAC2-1VL Year Built: 2008
Unit Construction Specs
Windows: High end double-pane, both fixed and operable units.
Flooring: All living areas except bathroom are finished with clear coated strip hardwood floors. European porcelain tile and natural stone for bathroom floors and walls.
Walls: Mix of painted gypsum board or unfinished concrete block.
Doors: High end solid core contemporary metal clad doors
Roof Type: Flat, 60-ml mechanically-fastened, single-ply thermoset thermoplastic membrane
HVAC Systems: Rooftop packaged heat pump units (4T) used for ambient air Optional split system units used to cool garage spaces
Balconies: Aluminum-framed glass patio door with 2x composite Trex decking.
Fire Suppression: Wet-pipe sprinkler system, flush-mounted and concealed
Fire Alarm: Heat detectors and smoke/CO alarm horn/strobes, Hardwired-powered smoke/carbon monoxide detectors with battery back-up.
Foundation / Substructure: Concrete slab-on-grade with perimeter and interior footings under load bearing structures
Superstructure: Steel moment frames - Reinforced concrete filled concrete masonry unit (CMU) load bearing walls with metal deck on steel beams and joists
Façade: Reinforced concrete masonry units (CMU) with metal framed curtain wall with prefinished metal panels
Building Services
Electric: LA City Department of Water and Power. Unit subpanels 225 amps, single-phase, 3-wire distribution.
Water: LA City Department of Water and Power 50-gallon natural gas-fired hot water heaters
Gas: Southern California Gas Company with individual unit meters gas feeds kitchen and rooftop mounted mechanical systems
Sanitary Sewer: City of Los Angeles
Telecom Services: Spectrum Fiber; Spectrum Cable
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AERIAL VIEW
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PLOT MAP
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SITE PLAN
OWNER/USER AVAILABLE
UNIT SIZE
702 1,904 SF
507 1,921 SF
402 1,921 SF
706 1,904 SF
410 2,361 SF
411 1,921 SF
412 1,921 SF
Can be combined for 6,203 SF
502 1,921 SF
503 2,361 SF
Can be combined for 4,282 SF
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UNIT A FLOOR PLANS | 2,361 SQ. FT.
GARAGE/GROUNDFLOOR C-PARKING
PARKINGC-PARKING
YARD
SECOND LEVEL
BALCONY
THIRD LEVELOUTDOOR DECK
FOURTH LEVEL
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UNIT B FLOOR PLANS | 1,921 SQ. FT.
GARAGE/GROUNDFLOOR
C-PARKING
PARKING
YARD
SECONDLEVEL
BALCONY
THIRD LEVEL
LOFT
BALCONY
FOURTH LEVEL
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UNIT BR FLOOR PLANS | 1,904 SQ. FT.
GARAGE/GROUNDFLOOR
C-PARKING
PARKING
YARD
SECOND LEVEL
BALCONY
THIRD LEVEL
BALCONY
FOURTH LEVEL
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PURCHASE OPTIONS
UNIT SIZE STYLE PRICE
702 1,904 SF BR $999,000
507 1,921 SF B $1,015,000
402 1,921 SF BR $1,015,000
706 1,904 SF BR $999,000
410 2,361 SF A $1,300,000
411 1,921 SF B $1,015,000
412 1,921 SF B $1,015,000
Can be combined for 6,203 SF $3,330,000
502 1,921 SF B $1,015,000
503 2,361 SF A $1,300,000
Can be combined for 4,282 SF $2,315,000
The enclave is a fantastic opportunity for those companies that have been looking for small building to purchase for their own use.
*Other options may be available. Please call Broker to discuss how we can accommodate your needs.
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OWNER-USER ANALYSIS
OWN vs. RENT ANALYSIS: Enclave 3450 Cahuenga (1,921 SF)Broker contacts: Lee & Associates - Scott Romick (818-933-0305, [email protected]) / Darren Casamassima (818-933-0303, [email protected])
Sample Property Size - SF: 1,921 SF 1,921 SF
per SF Amount per SF AmountLease Assumptions: Purchase Assumptions:
Rent per month $5,400 Building $528 $1,015,000Improvements $0 $0
Rent per SF MG $2.81 Total $528 $1,015,000
Start-up Costs: Start-up Costs:Prepaid rent and security deposit (2 mo.'s total) $10,800 Borrower cash down payment 10% $101,500Lessee TI costs, net of lessor TI allowance ** $0 $0 Estimated fees on 1st mortgage ** $2,537
Est. appraisal, enviromental, other fees ** $6,100Total startup costs $10,800 Total startup costs $110,137
Gross Monthly Costs: Gross Monthly Costs:Rent payment $2.81 $5,400 Mortgage payment * $2.85 $5,467Lease operating costs ** (including common area) $0.51 $970 Ownership operating costs ** $1.07 $2,052Gross monthly cash requirement $3.32 $6,370 Gross monthly cash requirement $3.91 $7,519
Lease Benefits: Ownership Benefits - excl. appreciation:Depreciation tax benefit at 21% tax rate $0 $0 Depreciation tax benefit at 21% tax rate $0.20 $377Approx. monthly principal paydown portion (equity) $0 $0 Approx. monthly principal paydown portion (equity) $0.92 $1,776Tax benefit on rent deduction at 21% tax rate $0.59 $1,134 Tax benefit on interest deduction at 21% tax rate $0.40 $775Tax benefit on operating costs at 21% tax rate $0.11 $204 Tax benefit on operating costs at 21% tax rate $0.22 $431
$0.00 $0 Lease income $0.00 $0$0 $0 Interest on startup cost difference (net of 21% tax) -$0.10 -$196
$0.70 $1,338 $1.65 $3,164
NET COST after lease benefits $2.62 $5,032 NET COST after ownership benefits excl. appreciation $2.27 $4,355
Est. appreciation benefit, per month $0.00 $0 Est. appreciation benefit, per month: $0.88 $1,692
NET COST after lease benefits $2.62 $5,032 NET COST after ownership benefits incl. appreciation $1.39 $2,664
Projected rent cost in Year 10:
$3.11 $5,976Net rent cost (after tax benefits at 21% rate) Assumedannual rent escalation
1 Ask Broker for analysis for other sized units
3.0%GROWTH IN PROPERTY VALUE & OWNER EQUITY:
Assumed annual appreciation rate of 2.0%Borrower down payment (10%) $101,500
Property Value Loan Balance Owner Equity
Year 5 $1,120,642 $822,639 $298,003Year 10 $1,237,279 $687,534 $549,746Year 15 $1,366,056 $513,447 $852,610
* see financing assumptions in next section. Year 25 $1,665,215 $0 $1,665,215** see inputs section below for assumptions.
LEASE SCENARIO BUY SCENARIO
Disclaimer: This sample analysis is based on a series of assumptions, including loan interest rates and annual appreciation rates, and is meant only to be illustrative in nature. The analysis is not a guarantee of any actual results of any loan or purchase transaction or ownership of any real property, all of which are subject to risks, uncertainties and assumptions that are difficult to predict and beyond our control. No warranties or representations, express or implied, are made as to the accuracy of the information contained herein, and same is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, withdrawal without notice, prior sale, lease or financing. We include projections, opinions, assumptions or estimates for example only, and they may not represent future performance of the property. You and your financial and legal advisors should conduct your own evaluation of the property and transaction economics.
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Financial Options Contacts:
SASHA GLOBA President SBA Premier Certified Lender (800) 982-9192 [email protected]
PATTY GRIFFIN GLOBA Senior Loan Officer (805) 689-7974 [email protected]
JOSH WARNER Assistant Senior Vice President (818) 291-6227 [email protected]
CDC/SBA 504 Loan
Bank 1st Trust Deed
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AMENITIES
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AREA DEMOGRAPHICS
POPULATIONStudio City: 48,533Burbank: 107,702Hollywood: 90,322
MEDIAN AGEStudio City: 38Burbank: 41.7Hollywood: 34.8
EDUCATION | 4-YEAR COLLEGE DEGREEStudio City: 49.4%Burbank: 29.0%Hollywood: 30.0%
MEDIAN HOUSEHOLD INCOMEStudio City: $108,632Burbank: $67,317Hollywood: $41,307
MEDIAN HOME PRICEStudio City: $1,900,000Burbank: $710,000 - $1,154,000Hollywood: $949,000
RENT VS. OWNStudio City: 55.9% vs. 44.1%Burbank: 56.4% vs. 43.6%Hollywood: 92.4% vs. 7.6%
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LOCATOR MAP
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DRIVING DISTANCE MAP
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TRANSIT MAP
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LOCAL AMENITIES
ENTERTAINMENT/MEDIA COMPANIES1. Extasy Recording Studio2. DG Entertainment3. Creature Effects4. Joke Productions Abominable Pictures Panasonic Extreme Reach EPS-Cineworks5. Added Value Marketing6. Moving Art Pictures7. Atlas Digital8. LA Studios9. Digital Film Tree10. KPFK 90.7 FM11. Media Storage Group
12. NBC Universal Building13. Universal Studios14. Universal City Walk
SOCIAL(DINING & GYM)1. Kalye Hits Tokyo Cube2. Veggie House3. Starbucks Breakroom Bar and Cafe Kaban Persian Restaurant Cold Pressed Juice Bar4. nrGIZE5. Mercado6. Joe’s Falafel
7. In ‘n Out Burger8. Miceli’s9. Poquito Mas Good Neighbor Vegetable10. Panda Express11. Spitz Studio City12. Carls Jr.13. The Baked Potato14. Fatburger Fernandas NY Pizza Subway15. Solo Spin16. LA Fitness17. Ricky’s Boxing Gym18. Universal City Walk: Ben and Jerry’s • Blaze Pizza
Bubba Gump Shrimp Co. Buca di Beppo • Cinnabon Dongpo Kitchen Hard Rock Cafe It’s Sugar • Jamba Juice Margaritaville Johnny Rockets Karl Strauss Brewing Co. KFC Express Pizza Hut Express Ludobird • Menchie’s Mini Monster Panda Express Pink’s Famous Hot Dogs Pizza Hut Express • Poke Bar Samba Brazilian Steakhouse Smashburger • Starbucks
Subway • Taco BellThe Crepe CafeTony Roma’s • Vivo Italian KitchenWasabi at CityWalk
OTHER1. Hilton L.A./Universal City2. Sheraton Universal
METRO STATION1. Metro Station Universal City/Studio City
SUBJECT PROPERTY3450 Cahuenga Blvd.Los Angeles, CA
M
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AREA AMENITIES
MARKET AREA & OVERVIEW
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MARKET AREA & OVERVIEW
Lodged squarely in the Cahuenga Pass, The enclave is at the center of a triangle that connects Hollywood with Studio City and the Burbank Media District. The Cahuenga Pass has served as a connector for Hollywood for over a century – filmmaker Cecil B DeMille rented a wood cabin there in 1914 and rode daily to his studio on horseback with a revolver on his hip – and today, it continues that tradition, putting just about every entertainment and media-related business within a stone’s throw of the property.
Industry workers and residents of The enclave can travel to any of these distinct Los Angeles submarkets in a mere five minutes, conceivably meeting with a screenwriter at Studio City’s CBS Studios, a production designer in Burbank and financial partners in Hollywood all before lunch.
Burbank, Media Capital of the World
Nearby in Burbank’s Media District are Walt Disney Company, Warner Brothers, Cartoon Network and Clear Channel Communications along with 700 media-related companies such as special effects, digital houses and production studios.
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The entertainment and media industries account for 30 percent of Burbank’s 150,000 workforce population, creating not only an industry cluster for anyone setting up shop at The enclave, but also offering a market for anyone selling residential condos at the property.
Studio City, Where the Stars Seek Privacy
Though smaller, the Studio City submarket is similarly characterized by media and entertainment tenants and residents. It was here on a 20-acre campus that Mac Sennett set up a film studio in the 1920s. The campus later became CBS Studio Center, the centerpiece of the Studio City real estate development.
Today Studio City is still a community for the entertainment industry, albeit those that prefer a more private and low-key lifestyle. It’s not unusual to see the likes of Selma Blair, Selena Gomez, Vanessa Hudgens or Katherine McPhee darting in or out of Studio City’s main commercial street, Ventura Boulevard, to a local spa or workout class.
Studio City’s stretch of Ventura Boulevard is peppered with boutiques such as William B + Friends for women’s apparel, Architexture for home furnishings and lifestyle store mag.pi, along with chain stores including The Gap, Sephora and Urban Outfitters. There are pilates studios, yoga studios and barre studios and restaurants serving everything from sushi to organic farm fresh fare.
The Studio City Farmers Market, held each Sunday on a street just off Ventura Boulevard, was named “Most Kid Friendly Farmers Market” by Los Angeles magazine for its petting zoo, pony rides, inflatable slides and other attractions for kids.
These amenities, along with a luxury community of hillside homes with a median price of $1.6 million, have earned Studio City the No. 9 ranking (of 113) in Niche’s Best Neighborhoods to Live in L.A.
and No. 20 “Best Neighborhoods for Millennials.” StreetAdvisor.com ranks Studio City the No. 3 Best Neighborhood in L.A.”
Universal City and a Working Studio
Just down the road Universal City beckons tourists to one of the premier Los Angeles theme parks in the world. Less visible are the teams of industry professionals who spend their days at the working studios and sound stages that share the same campus.
Universal Studios Hollywood pretty much comprises all of Universal City, and its growth has been so explosive in recent years that Hilton Los Angeles/Universal City is planning a 15-story tower expansion and Sheraton Universal is planning to construct a 31-story,551-room addition.
Walk to Amenities
The immediate surrounding area of The Enclave offers a host of food and drink establishments, an LA Fitness facility and a public park, all within a safe, pedestrian friendly environment. At the same time, the property offers easy access to the Ventura/Hollywood (101) Freeway and the Universal City Metro Red Line stop.
MARKET AREA & OVERVIEW
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NeighborsNeighbors Neighbors
#thirsty
The Hollywood Hills project area offers a sophisticated array of pubs and cocktail lounges for the upscale clientele that live and work in the area.
Mercado Hollywood3413 Cahuenga Blvd WMore than 70 tequila options. Need we say more?
The Gray Tavern10964 Ventura BlvdCocktails with fresh juices and custom ingredients
Laurel Tavern11938 Ventura BlvdCraft beer on tap
Black Market Liquor Bar11915 Ventura BlvdCraft cocktails + 5 Kinds of Bloody Marys
Mister O’s11838 Ventura BlvdWine Wednesdays and more
#restaurants
Casual and upscale, many of these eateries also offer special events like wine nights where bottles are served half off.
Ca del Sole4100 Cahuenga BlvdGarden patio and happy hour all night long
Smoke House4016,4420 Lakeside DrFor meat lovers and star gazers
Vege-ta-ble3711 Cahuenga Blvd WComfy plant-based organic
Sugarfish by Sushi Nozawa11288 Ventura Blvd“Trust Me” menu
Joe’s Falafel3535 Cahuenga Blvd WNo pretense Mediterranean
The Six Chow House12650 Ventura BlvdShare with six
Pace Restaurant2100 Laurel Canyon BlvdArtful organics
Miceli’s3655 Cahuenga BlvdBring on the singing waiters
Spitz3737 Cahuenga BlvdMediterranean street food
Good Neighbor3701 Cahuenga BlvdBring the family for break-fast & lunch
#entertainment
Universal StudiosCity Walk1000 Universal City Plaza
Three blocks of movies, food, shops, dancing, and if that’s not enough, indoor skydiving.
SOME PROJECT AREA NEIGHBORS
#shops
ArchiteXture12232 Ventura BlvdCustom furniture & one-of-a-kind accessories
Stacey Todd Boutique13025 Ventura BlvdIsabel Marant, Phillip Lim and more
Bookstar12136 Ventura BlvdYes Virginia there is a bookstore and it’s housed in an old movie theater
Calleen Cordero13019 Ventura BlvdHandmade
The Hollywood Hills project area offers a sophisticated array of pubs and cocktail lounges for the upscale clientele that live and work in the area.
#nightlife
The Baked Potato 3787 Cahuenga BlvdJazz fusion and yes, baked potatoes
Hotel Cafe 1623 1/2 N Cahuenga BlvdThis way to discover a singer-songwriter
Firefly11720 Ventura BlvdLounge or dine till the wee hours
Rain Bar & Lounge 12215 Ventura BlvdSalsa si!
From jazz to salsa, there is something for every taste. Many of these popular night spots also serve dinner.
#Hotels
Sheraton Universal333 Universal Hollywood Dr
Hilton Los Angeles/Universal City555 Universal Hollywood Dr
BLVD Hotel & Spa10730 Ventura Blvd
#sushi row
Ventura Boulevard in Studio City is ground zero for some of the best sushi restaurants in L.A. So much so that it’s been dubbed Sushi Row.
Asanebo11941 Ventura Blvd
The Sushi House11388 Ventura Blvd
Dai Chan11288 Ventura Blvd
Nomura14622 Ventura Blvd
Kazu Sushi11440 Ventura Blvd
Katsu-ya11680 Ventura Blvd
Iroha Sushi12953 Ventura Blvd
Daiwa Sushi12415 Ventura Blvd
Sugarfish1128 Ventura Blvd
FOR MORE INFORMATIONPLEASE CONTACT:
SCOTT ROMICKPrincipal/Managing [email protected] # 01323527
DARREN [email protected] # 01425638
Lee & Associates®-LA North/Ventura, Inc.Corporate ID #01191898A Member of the Lee & Associates Group of Companies15250 Ventura Boulevard, Suite 100Sherman Oaks, CA 91403818.986.9800 Main | 818.933.0405 Fax
No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.