3733 motor avenue los angeles, ca 90034€¦ · los angeles, ca 90034. for lease & for sale....

3 7 3 3 M O T O R A V E N U E

L O S A N G E L E S , C A 9 0 0 3 4

F O R L E A S E & F O R S A L E

3733 MOTOR AVENUE

AVAILABLE

LEASE PRICE

SALE PRICE

BLDG SIZE

OCCUPANCY

PARKING

FEATURES -Creative office space with 11’ ceilings and high end finishes-Great walkability to the Expo Station, Pilates, and restaurants-Walkability rating 92-Centrally located just minutes from Fox and Sony studios with easy commuting near the 405 and 10 fwy-Adjacent to the Treehouse School and Child Care Center -Complimentary Telecom Concierge-Time Warner Cable (Now Spectrum), ACC (the Premiere, fiber-only division of AT&T), Global Capacity ethernet over copper, Coax cable and DSL.

P

STUDIO 200 5,989 SF $3.45/SF Net (Nets $0.65)

3% Anual Increases

Leased through March 31, 2023

Gated and Secured 12 Spaces12 Spaces at $150 eachAdditional Parking Available

STUDIO 300 5,540 SF $3.65/SF Net (Nets $0.65)

$11,415,000 ($990 PSF)

11,529 SF

May 1, 2019

Gated and Secured 12 Spaces12 Spaces at $150 eachAdditional Parking Available

STUDIO 200- LEASED

STUDIO 300- AVAILABLE

SUITE 300- AVAILABLE

FIRST FLOOR

STUDIO 200- LEASED

Proposed Third Floor Plan for Adaptive StudiosProposed Second Floor Plan for Adaptive Studios

STUDIO 300- AVAILABLE

STUDIO 300- OPTION 1

STUDIO 300- OPTION 2

WALKABLE AMENITIES

3733 MOTOR AVE

3733 MOTOR AVE

APPLE

APPLE

HBO

DOWNTOWN CULVER CITY

VENICE BLVD

OVERLAND AVE

METRO

LINE

CULVER STUDIOS

WASHINGTON BLVD

SONY STUDIOS

AMAZON

11,000 Square Feet

PURCHASE ASSUMPTIONS: LEASE ASSUMPTIONS:Per Sq. Ft.

Purchase Price $990 $10,890,000 Lease rate per square foot per month $3.65SBA Fees (Financed) $119,000 Lease rate per month $40,150Total Project Cost $11,009,000

START-UP COSTS START-UP COSTSCash down payment (10%) $1,089,000 Prepaid lease payment and security deposit $80,300

MONTHLY COSTS Per Sq. Ft. Amount MONTHLY COSTS Per Sq. Ft. AmountMonthly Payment $4.929 $54,222 Lease Payment $3.65 $40,150Property Taxes $0.908 $9,983 NNN Fees $0.65 $7,150Insurance $0.010 $110Total Monthly Costs $5.847 $64,315 Total Monthly Costs $4.30 $47,300

MONTHLY OWNERSHIP BENEFITS MONTHLY LEASE BENEFITSPer Sq. Ft. Amount

Monthly Depreciation Estimate $0.677 $7,446 Monthly Depreciation Estimate $0Property Tax Benefit $0.363 $3,993 Property Tax Benefit $0Interest Deduction $1.426 $15,687 Interest Deduction $0Total Ownership Benefits $2.466 $27,126 Total Ownership Benefits $0

TOTAL EFFECTIVE MONTHLY COST $37,189 TOTAL EFFECTIVE MONTHLY COST $47,300

Benefits of owning include: equity growth, control of costs, cash flow, tax benefits, and retirement investment.

Property Taxes: Estimated at 1.1% of purchase priceDepreciation: Estimated based upon 80% allocation of purchase price to building cost and 40% tax bracket. Property Tax Benefit and Interest Deduction: Estimated at 40% tax bracket.Owner's Equity: Estimated equity after 10 years would be $6,046,901 (assumes annual appreciation at 3%; plus initial equity injection).

Appreciation Benefits of OwnershipRate of Assumed Appreciation p 3%

Appr Value Year 1 11,216,700

Appr Value Year 5 12,624,495

Appr Value Year 10 14,635,249

Total Project Cost $11,009,000 Note that interest rates vary from month to month andCash down payment: 10% of Purchase Price $1,089,000 loan terms differ from one lender to another.Amount financed (includes SBA fees) $10,039,000 Monthly payment $54,222

• The SBA 504 program provides 90% financing by combining a loan from a regular bank for 50% of the total loan amount and a loan from the SBA for 40% of the total loan amount (plus financed SBA loan fees). The buyer provides a 10% cash down payment.

SBA Financing 1st Mortgage by Bank 2nd Mortgage by SBALoan Amount $5,445,000 $4,356,000Interest Rate 4.85% (estimate) 4.74% (Mar '19)Amortization in years 30 year amortization 25 year amortizationPercent of Total Loan Amount 50% of total 40% of totalLoan Fee $54,450 1.00% (estimate) $119,000 2.65% + $3,000 legal feeMonthly Payment $28,733 $25,490 (includes SBA fees)

Property Size:

For more information, please contact:

Carly Naples213-369-9947

• OWN • • LEASE •

• SBA 504 FINANCING PROGRAM •

LEASE VS. OWN COMPARISONAddress: 3733 Motor Ave., Los Angeles, CA 90034

CREATED FOR: Alex Rivera of Lee & Associates SERVICE ADDRESS: 3733 Motor Ave, Los Angeles, CA 90034

TELECOM AVAILABILITY REPORT LOCAL EXCHANGE CARRIER: AT&T (310/202)

SERVICING CENTRAL OFFICE: CLCYCA11DS0 ( feet)

This report contains sample pricing. We are always guaranteed the lowest rates with every provider.

SERVICE TYPE

AVAILABLE SPEEDS & OPTIONS

MONTHLY PRICE

BASED ON 3 YEAR TERM

INSTALL TIME

NUMBER OF DAYS

PRODUCT OR

SERVICE RELIABILITY

DESCRIPTIONS & NOTES

DEDICATED INTERNET Symmetrical Upload and Download, speeds guaranteed with an SLA

AVAILABLE CARRIERS: ACC / Level 3 / TPAC / XO /Towerstream / Nitel / Global Capacity / Airespring / TWC / Zayo

Fiber (lit) 10M – 1Gb + $399+ 45 – 90 Ethernet over Fiber. Temp Bonded T1s provided.

T1 / NxT1 1.5M – 9M $214 - $978 30 – 35 Older Technology. Includes a Managed Cisco Router.

Fixed Wireless 1M – 100M $179+ 7 – 10 Microwave. Ethernet over Rooftop Wireless.

EOC 3M – 80M $288+ 30 – 45 Ethernet over Copper

SHARED INTERNET Asymmetrical Upload and Download, no SLA, services are “Best Effort”

AVAILABLE CARRIERS: AT&T / Bullseye / TWC / Megapath Cable / COAX Up to 300 X 20 up to $179 15 – 30 Coax in Building.

DSL (Dedicated) up to 75 x 8 up to $135 7 – 10 36 month term with SLA.

Uverse up to 60 x 5 up to $100 3 - 5 good temp or redundant circuit

VOICE & INTEGRATED AVAILABLE CARRIERS: Star2Star, Intermedia, Megapath, Vonage, Mitel, Equiinet, XO, Bullseye, Telepacific, 8x8, Fusion

“Smartvoice” 10M x 10M EoC $450 30 – 45 Includes 8 Analog Lines / PRI Trunks, 2,000 LD, 30 IPs, 100 DID numbers, & all outbound / local calling.

Stand Alone Lines 1 + $50 Each 3 – 5 Fax Line. Old Technology. Plain old telephone line.

SIP Trunks 1 + $10 - $30 Each 3 – 5 Newest Technology. All Hosted Platform

ISDN PRI 23 Channels $300 - $500 30 – 45 Old Technology. Digital Trunks off a T1

Hosted VOIP 3 + $20 - $30 Each 7 – 14 More affordable and greater security

CLOUD SERVICES AVAILABLE CARRIERS: Rapidscale, XO, Level(3), Evolve IP

Remote Desktop From $40 1 – 7 access your apps on any device globally

Data Security Complex TBA Virtual firewall and encrypted storage

Disaster Recovery From $60 1 – 4 Safeguard your data in the cloud

Cloud Server From $15 per GB Ram 1 – 3 Flexible with usage based cost

Pricing, terms and conditions are subject to change. ACS is a FREE service to all tenants.

For inquiries or Service Order requests, please contact

Christina Thurston 310-492-4010 CThurston@acstelebroker.com

F Ronald Rader, SIOR310.899.2743

RRader@LeeWestLA.comLic#: 00452728

Gage Danley310.899.2749

GDanley@LeeWestLA.comLic#: 02075191

Alex Rivera310.899.2742

ARivera@LeeWestLA.comLic#: 010328712

BRE 01222000