prime arts district creative office opportunity
TRANSCRIPT
PRIME ARTS DISTRICT CREATIVE OFFICE OPPORTUNITY
1900-1908 E 7TH PLACEDOWNTOWN LOS ANGELES, CA | 90021
EON I. LEW
District Realty Group, as Exclusive Broker, is pleased to present 1900-1908 E 7th Place, two (2) adjacent recently renovated warehouses in Downtown LA's booming Arts District. The Subject Properties are
conducive to numerous desirable uses and are located just 1.5 blocks away from the Warner Music Building, a completed 254,000 SF project with fully occupied creative office and new exciting retail, a game-changer for the area’s landscape. The Property totals approximately 24,580 SF split into two adjacent buildings, one
consisting of approximately 13,380 SF (1900/1904 E 7th Pl.) and the other, 11,200 SF (1908 E 7th Pl).
7th Place is quickly becoming a highly desirable, walkable street with retail, creative office, and an immersive theater (full liquor) arriving this year (3 buildings away). The Property was substantially renovated
with new HVAC, a new roof, ADA bathrooms, freight elevator, upgraded electrical, and much more.
ASKING PRICESubmit Offer
APN5166-017-008, 009
ADDRESSES1900 /1904 + 1908 East 7th Place
BUILDING SIZE1900/1904 East 7th: 13,380 SF (Includes 3,230 SF Mezzanine)
1908 East 7th: 11,200 SF (5,600 SF on each floor)
Total: 24,580 SF +/-
LOT SIZE15,900 SF +/-
ZONINGM3
MAJOR WORK COMPLETED1900/1904 East 7th: Rebuilt in 1990-19911908 East 7th: Complete Retrofit in 1990-1991
CEILING HEIGHTSClear Height Up To 23 Feet
EARTHQUAKE RETROFITBoth Buildings Completed in 1990-1991Blueprints and Permits Available Upon Request*All dimensions are approximate and independently verified.
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE
PROPERTY SPECIFICATIONS
POWER1900/1904 E 7th: 800 Amps / 220 Volt, 3 Phase, 4 Wire w/ 480V Step Up Transformer1908 E 7th: 3x200 Amps, 3 Phase + Single Phase 220 Volt, 3 Phase, One 460V Step Up Transformer
FREIGHT ELEVATOR1908 E 7th: 2,500 LB Limit
HVAC1908 E 7th Ground Flr: 2 Mini Splits 2nd Floor: 10 Ton Unit1900/1904 E 7th: 9 Mini Splits 1 and 2 Tons EachRoof Ventilator W/ Automatic Shut Off Dampers
ROLL UP DOORS1900/1904 E 7th: 2x20’ High Power Roll Up Doors In Front and Rear, 2nd 10’ Roll Up Door (Front)14’ Power Roll Up Door (Side)
1908 E 7th: 2 Roll Up Doors (Front and Rear)
LIGHTINGNew LEDs Throughout
ROOF New Roof Installed in 2019
BATHROOMS8 Newly Renovated ADA Compliant Bathrooms1 Newly Renovated Full Bathroom W/ Tub & Shower1 Staff Bathroom/Mop Room
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE
TECHNICAL SPECS
● Highly Desirable Arts District Location (Walking Distance To Warner Music, Bestia, Everson Royce, Everson Royce/Silver Lake Wine )
● Ideal For Creative Office, Retail, Gallery, and Other Creative Industrial Uses
● Located In An Opportunity Zone
● Central to Numerous Amenities, Restaurants, Entertainment, Retail, and much more.
● Convenient Freeway Access
● Rear Yard / 10 Car Parking Lot + Free Parking In Front
● Brand New Roof (February 2019)
● Retrofitted in 1988
● Buildings Offer Common Access To One Another Via Second Floor
● OVer 8 Private Offices & Lab Rooms
● Can Be Delivered Vacant
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE
FEATURES AND HIGHLIGHTS
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE 1900/1904 E 7TH PLACE (GROUND FLOOR, MEZZANINE, OFFICE, BATHROOM)
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE 1900/1904 E 7TH PLACE GROUND FLOOR
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE 1900/1904 E 7TH PLACE GROUND FLOOR
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE 1900/1904 E 7TH PLACE PARKING LOT/YARD AREA
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE 1900/1904 E 7TH PLACE MEZZANINE FACING 1908 E 7TH PL
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE 1900/1904 E 7TH PLACE MEZZANINE PRIVATE OFFICE
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE 1900/1904 E 7TH PLACE FLOOR PLAN
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE 1908 E 7TH PLACE (INTERIOR)
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE 1908 E 7TH PLACE 2ND FLOOR INTERIOR
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE 1908 E 7TH PLACE 2ND FLOOR FACING 7TH PLACE
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE 1908 E 7TH PLACE FULL BATHROOM
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE 1908 E 7TH PLACE PRECONFIGURED PRIVATE OFFICES
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE 1908 E 7TH PLACE PRIVATE OFFICE / LAB
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE 1908 E 7TH PLACE FREIGHT ELEVATOR
BA
BA
BATHROOMS
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE 1908 E 7TH PLACE FLOOR PLAN (NOT AS CURRENTLY BUILT)
PHOTOS BY WONHO FRANK LEE
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE PARCEL MAP
“The area's resurgence largely began with Warner Music Group, which signed a lease three years ago to move from Burbank to 257,000 square feet at the former Ford building at 777 S. Santa Fe Ave. That lease was the largest office lease in Los Angeles in several years when it was signed in 2016, according to CoStar Market Analytics. After that, Spotify signed a 10-year lease to move into 110,000 square feet in the At Mateo development nearby. Other companies that have moved or announced plans to open offices in the Arts District in recent months are helping to attract even more businesses to the area. [Recently, Warner Music Group went ahead to purchase the Ford building and an adjacent property at a well above market price per square foot].
Recently, Honey announced plans to take up all 130,000 square feet of the refurbished Fourth and Traction building, at 963 E. Fourth St., which was originally built by the Coca-Cola company. The company is scheduled to begin its move in June of this year. TubeScience, which creates video ads for use on social media platforms, is significantly expanding into 103,796 square feet at 655 S. Santa Fe Ave., a two-story flex facility on a 2.3-acre lot owned by the Park family of backpack and bag company Everest Trading Corp”. -Costar Group
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE AREA GROWTH
INTERIOR BAR VIEW
PROVIDED BY DOWNTOWN CENTER BID
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE ARTS DISTRICT - PROJECT UNDER CONSTRUCTION
320 Units
BISCUIT LOFTS104 Units
FUTURE BAR/THEATER
TOY LOFTS119 Units
AVA ARTS DISTRICT475 Units
6AM1,736 Units/Mixed UseINDUSTRIAL
360 Units
FACTORY PLACE ARTS COMPLEX
40 Units/Mixed Use
SUBJECT PROPERTY
FIREHOUSE HOTEL
WALNUT GROWERS BLDG
57 UNITS1800 E 7th122 Units
50 Room Hotel + Restaurant
22 Units
INTERIOR BAR VIEW
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE NEARBY NOTABLE DEVELOPMENTS & AMENITIES
SUBJECT PROPERTY
BARS + BREWERIES + DISTILLERIES1. GREEN DISTILLERY2. OUR/LOS ANGELES VODKA3. TONY’S SALOON4. SILVER LAKE WINE5. EVERSON ROYCE BAR6. POUR HAUS WINE BAR7. IRON TRIANGLE BREWERY8. FLASK AND FIELD9. THE SPIRIT GUILD
RESTAURANTS + CAFES1. THE PORTER JUNCTION CAFE2. STEVEN’S DELI3. MARU COFFEE4. STUMPTOWN COFFEE ROASTERS5. COSME LA6. BESTIA7. BREADLOUNGE8. GUERILLA TACOS9. PIZZANISTA
10. CHURCH & STATE11. DAILY DOSE12. LITTLE BEAR13. URBAN RADISH14. BLUE BOTTLE COFFEE15. SIXTH+MILL16. OFFICINE BRERA17. FACTORY KITCHEN18. TARTINE MANUFACTORY19. PARAMOUNT COFFEE PROJECT
RETAIL + MUSEUMS1. ROLLING GREENS2. UPTOWN PUP3. BASE COAT NAIL SALON4. ARCH THE5. COMMONWEALTH6. THE HOUSE OF MACHINES7. WEPLAY LIVE8. TWOBIT CIRCUS9. DOVER STREET MARKET
10. ICA LA11. BODEGA12. MISSION WORKSHOP
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE NEARBY AMENITIES
INTERIOR BAR VIEW
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE 2018 DTLA SURVEY
INTERIOR BAR VIEW
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE 1900/1904 & 1908 E 7TH PLACE - ZIMAS PROFILE REPORT
INTERIOR BAR VIEW
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE 1900 E 7TH PLACE - ZIMAS PROFILE REPORT (CONTINUED)
INTERIOR BAR VIEW
1900-1908 E 7TH PLACE | ARTS DISTRICT DTLAFOR SALE 24,580 SF OF CREATIVE WAREHOUSE SPACE 1900 E 7TH PLACE - ZIMAS PROFILE REPORT (CONTINUED)
EON I. LEWBRE: 01730294
TEL: 213 769 6262EMAIL: [email protected]
www.districtrealtygroup.com
© 2019 District Realty Group. The information above has been derived from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.