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COLDWELL BANKER COMMERCIAL NRT

Steve Chang, Manager& Broker since 1978

BRE # 00526521

500 S. Grand Ave., Los Angeles, Ca. 90071

(213) 447-7491 (C) * (213) 406-9200(O) * (213) 406-9905(F)

changnrt@gmail.com

Presents

KOREATOWN SHOPPING CENTER/TRANSIT

ORIENTED POSSIBLE DELOPMENT PROJECT

May 12, 2017

Front View

View for Shopping Center

6th St & Westmoreland

(Whole property)

Site Vicinity

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Site Map

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Location Map

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District Location

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Body Shop

PROPERTY DISCRIPTION

-Year built 1992

- Building Size 12,250 SF

- Lot Size 21,053 SF

- Parking 1.5:1 (possible

31,579 Buildable SF)

-Zoning LAC2-1

-Parcel No 5077-004-034

-Address 3033 W.6th Street &

534 S. Westmoreland

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Investment Highlight -Three Blocks from the Wilshire/Vermont

Metro Station providing the Purple & Red

Lines

-Great opportunity to acquire an excellent

Investor property with redevelopment

potential

-Affluent Community & Major Korean American

Community Shopping Area

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Location Highlight

-Prime location north of Wilshire &

Wilshire/Vermont Metro Sub-way Station

-Property has 110SF frontage on high traffic

area close to Vermont and Wilshire Blvd.

-Depth of 150 SF with zoning which will be

permitted build Apartment complex

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Investment Highlight

-Most Vibrant & busiest street areas in the

Koreatown in Los Angeles

-Major Medical doctor’s office building

surrounding area & California’s major retail

mart,”Target” near one block away

-High rise Apartments Complex &

Condominium projects

Tenants information & Rent roll

Suite Tenant Rent Orig. Lease Option

102 Zuniga’s Market $3,750 10/2014-10/2017 6 yrs

103 Shin Chon Rest. $3,296 06/2015-06/2020 10 yrs

104-105 Yuk Gae Jang Rest. $5,047 11/2016-11/2021 10 yrs

106 Scissor Sketch $2,400 08/2016-08/2019 4 yrs

107 Sweetea Boba $1,980 03/2017-03/2022 10 yrs

101 Olympic Auto Body $10,000

(Owner will be leased back for any years or anytime release the lease contract

If buyer want to develop the site)

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Investment highlight

Total Income NNN-$26,473/mo

$317,676/Yr

Total Occupancy-100%

Cap: 3.2%