SANTA MONICA, CALIFORNIA

1809 OLYMPIC BLVD1809 OLYMPIC BLVD1809 OLYMPIC BLVD

ICONIC RECORDING STUDIO | CREATIVE OFFICE BUILDING FOR SALEOWNER USER or INVESTOR OPPORTUNITY

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THE OFFERINGCBRE, Inc. on behalf of 1809 Investment LLC is pleased to offer for sale, the fee simple interest in 1809 Olympic Boulevard, City of Santa Monica, 90404, County of Los Angeles (“1809 Olympic”). 1809 Olympic is identified by the Los Angeles County Assessor as APN: 4275-026-015. 1809 Olympic has a land area of approximately 8,001 square feet and is improved with a 2-Story and Subterranean Level Single Tenant Building measured at 10,916 Square Feet.

Rare and unique opportunity to acquire a state of the art recording studio and creative office building in one of the most desirable areas of Los Angeles.

Ideally situated in close proximity to one of the region’s highest concentrations of creative users in: Entertainment, Tech, Media, and many of the corporate users that support these drivers of the Los Angeles economy. 1809 Olympic is a very high-end recording studio operated by Windmark Recording which also has its offices and related production facilities on site. 1809 Olympic is a truly iconic recording facility with a history of serving the most respected names in the Los Angeles music scene for the past 20 years. 1809 Olympic has become the go-to location and facility for the hottest recording artists in Hip Hop, R&B and Pop. 1809 Olympic can be delivered vacant at the close of escrow or the current tenant Windmark Recording would welcome the opportunity to continue operating under a new owner.

CBRE is selling only the fee simple real estate interest, however we are available to assist in coordinating direct discussions and negotiations with Windmark Recording.

1809 Olympic Boulevard will be sold fully equipped. Musical instruments and certain small personal property items are not included in the sale.

OFFERING PRICE: $12,500,00.00 $1,145 PER SF OF BUILDING - FULLY EQUIPPED

PROPERT Y HIGHLIGHTS

SITEThe Site is flat, regular in shape and measured at approximately 8,001 SF. There is a curb cut on 18th Street providing access to the property’s subterranean parking area. All utilities are delivered to the site.

ZONINGCity of Santa Monica SMM1 - Buyer must do their own due diligence with respect to what other uses may be allowable on the site or within the existing building.

BUILDING10,916 Square Feet pursuant to BOMA measurement by Stevenson Systems in December, 2019. Building is 2 stories above grade with a subterranean level utilized for parking, storage and other miscellaneous purposes.

LOCATION1809 Olympic is located at the northeast corner of Olympic Boulevard and 18th Street in the City of Santa Monica. While located on one of L.A.’s main east west surface streets, 1809 Olympic is located in a relatively quiet section of Olympic Boulevard but close to the main commercial centers of Santa Monica and The Westside. 1809 Olympic benefits from excellent Freeway access. The property is close to the 26th St. I-10 ramp providing freeway linkage from the beach to downtown with a nearby connection to the 405 for easy access to LAX and points south and north into the San Fernando Valley concentration of entertainment, technology and media. 1809 Olympic is 2 blocks from the Metrorail Exposition Line’s 17th Street Station, something that will continue to grow in importance.

IMPROVEMENTS1809 Olympic is a highly improved 2 story creative building, built out to the highest level to serve the music industry. 1809 Olympic is improved with 5 recording studios, with 4 located on the second floor and 1 large studio on the first floor. Each studios is fully equipped with 3 of the 5 having their own isolation booth. The building is built out with office and administrative areas, conference rooms, common area meeting, dining, and relaxing areas, commensurate with the needs of creative companies in all sectors of music, film, tv, tech, and media. The building includes substantial amounts of outdoor private patio space on both floors.

PARKING17 total striped spaces. 13 spaces including 1 handicapped space are located in the secured subterranean area accessed via the curb cut on 18th Street at the north west corner of the building. 4 additional outdoor uncovered spaces are located on the east side of the building and accessed off the alley from Olympic Boulevard.

APN: 4275-026-015

A serene environment for creativity and productionA serene environment for creativity and production

FLOOR PLANS Designed for Creation by Stars of Today and TomorrowDesigned for Creation by Stars of Today and Tomorrow

Private gated parking and equipment storage areas

FLOOR B

FLOOR 1

FLOOR 2

Reception, offices, kitchen and breakroom, Studio and Live Room

Studios, Lounges, Rehearsal Rooms

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1809 □lyrripic Boulevo.rol - Floor B1809 □lyr,pic Boulevo.rol, So.nto. Monico., CA 90404

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©1985-2019 Stevenson Systems, Inc. All Rights Reserved/ www.stevensonsystems.com

� 1809 □lyMpic Boulevo.rd - Floor 21809 □lyMpic Boulevo.rcl, So.nto. Monico., CA 90404

©1985-2019 Stevenson Systems, Inc. All Rights Reserved/ www.stevensonsystems.com

›MULTIPLE LOUNGE AND MEETING AREAS ›EXECUTIVE OFFICE AREA ›EXPANSIVE KITCHEN AND BREAK AREAS

Create Collaborate ProduceCreate Collaborate Produce

PATIOS PARKING

SECU

RED

& SE

CLUD

ED

STATE OF THE ART STUDIO FACILITIES

STUDIO A Live Room & Separate ISO Booth

STUDIO B Live Room & Separate ISO Booth

Private Lounge & Balcony

STUDIO C Pre-Production Rooms with

Vocal Booth

STUDIO D

STUDIO E

STUDIO F Live Room & Separate ISO Booth

Private Lounge

High End Design and State of the Art Studio TechnologyHigh End Design and State of the Art Studio Technology

Santa Monica boasts one of the most iconic beaches in California and is one of the country’s fastest growing tech hubs and destination for a high-end retail experience. Santa Monica’s central location within Los Angeles County along with its beautiful beaches and temperate weather have fueled its economic growth leading to the development of active commercial districts, affluent neighborhoods and rich cultural resources as well as attracting high profile businesses among the booming tech, entertainment and media sectors.

Santa Monica houses some of the nation’s key creative businesses including: Universal Music, Fox, CBS, Hulu, HBO, Activision|Blizzard, Bruckheimer, Skydance and many others. Santa Monica continues to be a magnet for tech companies ranging from startups to bellweathers such as Apple, Google, Microsoft, Amazon, Snapchat, Uber, Good Rx. Oracle, Red Bull, and Universal Music. As the heart of Silicon Beach, Santa Monica will continue to be one of the most dynamic and important markets areas on the West Coast.

Santa Monica premier buildings achieve the highest office rents in the Greater Los Angeles area. Average Asking Rent is $6.17 PSF with top buildings asking $8.50 PSF.

As a world-class tourist destination, drawing visitors to its superb coast line and vibrant local attractions, Santa Monica attracts approximately 7.5 million visitors a year from around the world. Its beautiful beaches and top attractions such as the Santa Monica Pier and the Third Street Promenade draw visitors from near and far. The tourism industry pumps over $1.5 billion per year into the local economy, according to Santa Monica Travel & Tourism, formerly Santa Monica Convention & Visitors Bureau.

SANTA MONICA MARKE T OVERVIE W

TRAIN, SCOOTER, DRIVE TO E VERYTHING THAT STRE AMS, RECORDS & FILMS

39,000 SF20,000 SF

17,800 SF

128,273 SF

28,822 SF

29,000 SF

73,000 SF

131,000 SF

57,000 SF

100,000 SF

22,511 SF

45,000 SF

15,458 SF

33,657 SF

28,000 SF

10,000 SF40,000 SF

20,000 SF

15,193 SF

1,000 SF

16,849 SF 16,263 SF

3,514 SF

51,000 SF

186,000 SF

160,000 SF

159,470 SF

28,000 SF

56,000 SF

69,000 SF

150,000 SF

160,000 SF

One Three TV35,000 SF

46,320 SF250,000 SF

17,098 SF

93,952 SF

23,245 SF

47,843 SF

62,048 SF

165,000 SF

89,000 SF

284,037 SF

53,000 SF

14,000 SF

240,000 SF

195,000 SF

300,000 SF

25,347 SF130,000 SF

Venice Blvd

Palms Blvd

7th St

Pico Blvd

S Centinela Ave

Olympic Blvd

Washington Pl

Main St

Ocean Park Blvd

Montana

Ave

Ocean Ave

Califo

rnia A

ve

5th St4th St

UV1

U2

MOS#362370

SITE

© 2020 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE.

1809 OLYMPIC BLVD1809 OLYMPIC BLVD1809 OLYMPIC BLVDSANTA MONICA, CALIFORNIA

CONTACT

MART Y BARKAN, CCIM, CRE

First Vice PresidentLic.01149016

+1 310 550 2674marty.barkan@cbre.com