BEVERLY BLVD
7317 BEVERLY BOULEVARD | 7,999 SF LOT | 6,061 SF BLDG
Lauren AboulafiaSr. Director | Lic 01895546 | 310-275-3233
5877 West Third Street Los Angeles, CA 90036 | www.conroycommercial.com
FOR SALE | $4,300,000
BEVERLY BLVDPROPERTY PROFILE
PROPERTY ADDRESS 7317 Beverly BlvdLos Angeles, CA 90036
APN 5526-036-016
ZONING LAC2
YEAR BUILT Last renovated in 1950
NUMBER OF STORIES 1
PARKING SPACES 3
LOT SIZE 7,999
BUILDING SIZE (GLA) 6,061
LOT DIMENSIONS 80' x 100'
STREET FRONTAGE 80'
USE CODE Office Building
SF
SF
FOR SALE | $4,300,000
*Professionally measured at 6,061 SF, title shows 5,925 SF
*
BEVERLY BLVD
BEVERLY BLVD
PO
INSE
TT
IA P
LA
CE
SITE
AERIAL MAP FOR SALE | $4,300,000
BEVERLY BLVDINCOME & EXPENSE
REVENUES Current Market
Scheduled Base Rent $151,176 $292,188
Expense Reimbursement $0 $0
Total Gross Revenue $151,176 $292,188
Vacancy Allowance $0 $0
Effective Gross Revenue $151,176 $292,188
OPERATING EXPENSES
Real Estate Taxes ($52,632) 1.224% ($3,300) * Based on $4.3M Purchase Price
Utilities (Power, Water, Gas ,Trash) ($8,600) ($8,600)
Insurance ($3,300) ($3,300)
Repairs and Maintenance ($6,000) ($6,000)
Gross Operating Expenses ($70,532) ($70,532)
Annual Operating Expenses ($70,532) ($70,532)
NET OPERATING INCOME (NOI) $80,644 $221,656
FOR SALE | $4,300,000
* Estimated utilities. Angelini Alimentari has been paying utilities for the entire right side of the building & the owner has been paying utilities for the entire left side of the building.
*
BEVERLY BLVD
Suite # Tenant Square Feet f
Lease Start Lease End Monthly
RentMonthly Rent/SF Market Rent Market
Rent/SF Option Lease Type
Rent Bumps
#1 Angelini Alimentari 1,283 1/1/2016 12/31/2020 $3,399 $2.65 $6,415 $5.00 2 (5year) FMV MG 3%
#10 Angelini Office 288 1/1/2016 12/31/2020 $1,600 $5.56 $864 $3.00 2 (5year) FMV MG 3%
#8 Angelini Alimentari 214 1/1/2016 12/31/2020 $849 $3.97 $642 $3.00 2 (5year) FMV MG 3%
#11 Beta Petrol 130 MTM MTM $5,000 $2.20 $390 $3.00
#7 Beta Petrol 1,438 MTM MTM $5,033 $3.50
#5 Beta Petrol 451 MTM MTM $1,579 $3.00#2 Tobey 202 MTM MTM N/A N/A $606 $3.00 #9 Didelot 200 MTM MTM $550 $2.75 $600 $3.00 #3 Tobey Gallery 1,024 MTM MTM N/A N/A $3,584 $3.50 #4 Sophie Costumer 657 MTM MTM $1,200 $1.83 $2,300 $3.50
Restrooms 174Patio * 1558 * $2,337 $3.00
Total SF 6,061 Monthly Income $12,598 Market Income $24,349Annual Income $151,176 Annual Income $292,188
RENT ROLL FOR SALE | $4,300,000Suite # Tenant Square Feet
% of Lease Start Lease End Monthly
RentMonthly Rent/SF Market Rent Market
Rent/SF Option Lease Type
Rent Bumps
Café Angelini Alimentari 1,283 1/1/2016 12/31/2020 $3,399 $2.65 $3,500 $2.73 2 (5year) FMV MG 3%
Unit #10 Angelini Office 288 1/1/2016 12/31/2020 $1,600 $1,648 $5.72 2 (5year) FMV MG 3%
Storage 2 Angelini Alimentari 214 1/1/2016 12/31/2020 $849 $874 $4.08 2 (5year) FMV MG 3%
Storage 3 Beta Petrol 130 MTM MTM $5,000 $2.20 $390 $3.00
Unit #7 Beta Petrol 1,438 MTM MTM $5,033 $3.50
Unit #5 Beta Petrol 451 MTM MTM $1,579 $3.00Storage 1 Tobey 202 MTM MTM N/A N/A $606 $3.00
Unit #9 Didelot 200 MTM MTM $550 $600 $3.00Unit #3 Tobey Gallery 1,024 MTM MTM N/A N/A $3,584 $3.50Unit #4 Sophie Costumer 657 MTM MTM $1,200 $1.83 $2,300 $3.50
Restrooms 174Patio * 1558 * $2,532 $3.25
Total SF 6,061 Monthly Income $12,598 Market Income $22,645Annual Income $151,176 Annual Income $271,737
* The Market Income above has the restaurant paying for using about 1/2 the patio for oudoor seating. The restaurant is not currently paying for the patio. The total SF above does not include the patio.
BEVERLY BLVDSALES COMPS
Property Address Sale Date Cap Rate Sale Price Bldg Size $/SF Lot Size $/SF Yr Built7218-7220 Beverly Blvd 9/27/2016 4.52% $3,950,000 6,310 $626 3,999 $988 1928
Los Angeles
Owner/user
7260 Beverly Blvd 8/18/2016 N/A $2,570,000 4,386 $586 4,792 $536 1927Los Angeles
Owner/user
7360 Beverly Blvd 4/17/2015 N/A $2,450,000 3,777 $649 4,356 $562 1946Los Angeles
Owner/user
Subject Property Sale Date Sale Price Bldg Size $/SF Lot Size $/SF7317 Beverly Blvd Active $4,300,000 6,061 $709 7,999 $538
Los Angeles
FOR SALE | $4,300,000
BEVERLY BLVD
Property Address Sale Date Cap Rate Sale Price Bldg Size $/SF Lot Size $/SF Yr Built8417 Beverly Blvd 11/27/2016 N/A $3,790,000 5,860 $647 4,792 $791 1954
Los Angeles
Notes
8001-8015 Beverly Blvd 9/21/2015 N/A $9,600,000 11,458 $838 18,560 $517 1948/1941Los Angeles
Notes
0 1/0/1900 0.00% $0 0 $0 0 $0 00
Notes
Subject Property Sale Date Sale Price Bldg Size $/SF Lot Size $/SF7317 Beverly Blvd Active $4,300,000 6,061 $709 7,999 $538
Los Angeles
Property Address Sale Date Cap Rate Sale Price Bldg Size $/SF Lot Size $/SF Yr Built8417 Beverly Blvd 11/27/2016 N/A $3,790,000 5,860 $647 4,792 $791 1954
Los Angeles
Notes
8001-8015 Beverly Blvd 9/21/2015 N/A $9,600,000 11,458 $838 18,560 $517 1948/1941Los Angeles
Notes
0 1/0/1900 0.00% $0 0 $0 0 $0 00
Notes
Subject Property Sale Date Sale Price Bldg Size $/SF Lot Size $/SF7317 Beverly Blvd Active $4,300,000 6,061 $709 7,999 $538
Los Angeles
SALES COMPS FOR SALE | $4,300,000
BEVERLY BLVD
Property Address Bldg Size Available SF Rental Rate NNN Status Yr Lot Size7607 Beverly Blvd 6,587 N/A $5.13 Leased 1938 0
Los Angeles
7611 Beverly Blvd 3,471 N/A $4.54 NNN Leased 1947 .09 ACLos Angeles
Subject Property Bldg Size Available SF Lot Size7317 Beverly Blvd 6,061 None 7,999
Los Angeles
*Leased 800 sf (retail)
*Leased 2250 sf (retail)
LEASE COMPS FOR SALE | $4,300,000Property Address Bldg Size Available SF Rental Rate NNN Status Yr Lot Size7607 Beverly Blvd 6,587 N/A $5.13 Leased 1938 0
Los Angeles
7611 Beverly Blvd 3,471 N/A $4.54 NNN Leased 1947 .09 ACLos Angeles
Subject Property Bldg Size Available SF Lot Size7317 Beverly Blvd 6,061 None 7,999
Los Angeles
*Leased 800 sf (retail)
*Leased 2250 sf (retail)
BEVERLY BLVD
Property Address Bldg Size Available SF Rental Rate NNN Status Yr Built Lot Size7373 Beverly Blvd 6,385 N/A $3.15 NNN Leased 1930 8,000
Los Angeles
8455 Beverly Blvd N/A $3.50 Gross Leased Los Angeles
7466 Beverly Blvd 15,000 2,200 $3.00 NNN For Lease 8,000Los Angeles
Subject Property Bldg Size Available SF Lot Size7317 Beverly Blvd 6,061 None 7,999
Los Angeles
LEASE COMPS FOR SALE | $4,300,000
BEVERLY BLVD
Property Address Bldg Size Available SF Rental Rate NNN Status Built Lot Size7218-7220 Beverly Blvd 6,310 633 $3.04 For Lease 1928 4,000
Los Angeles
7926 Beverly Blvd 12,670 5,258 $3.75 NNN For Lease 1931 12,670Los Angeles
7274-7278 Beverly Blvd 7,090 1,240 $3.75 NNN For Lease 1931Los Angeles
Subject Property Bldg Size Available SF Lot Size7317 Beverly Blvd 6,061 None 7,999
Los Angeles
Class C office
LEASE COMPS FOR SALE | $4,300,000
BEVERLY BLVD
8'-6"CLG
UNIT 9
8'-6"CLG
STORAGE 1
8'-4"CLG
UNIT 5
8'-4"CLG
8'-4"CLG
8'-4"CLG
8'-3"CLG
UNIT 7
7'-9"CLG
9'-9"CLG 9'-9"CLG
8'-3"CLG
8'-2"CLG
8'-7"CLG
UNIT 4
7'-10"CLG 7'-10"CLG
7'-10"CLG
8'-5"CLG8'-5"CLG
8'-4"CLG
8'-4"CLG
9'-2"CLG
UP4.5"
8'-4"CLG
UNIT 10
8'-4"CLG
8'-0"CLG
DN17.5"
8'-0"CLG
8'-0"CLG
DN
8'-4"CLG
8'-1"CLG
8'-6"CLG
STORAGE 2
8'-4"CLG
STORAGE 3
8'-1"CLG
MEN
WOMEN
UNIT 3
9'-9"CLG
8'-2"CLG
UNIT 7(UPSTAIRS)
DN105"
UP105"
UP DN
DN
DN
RESTAURANT
WALK-INFREEZER
9'-2
"3'-5
"8'-7
"
14'-5"11'-11"
8'-8
"13'-0
"11'-8
"11'-9
"11'-9
"11'-1
1"
9'-7"
9'-11"11'-11"
11'-7"
11'-9
"11'-3
"7'-3
"5'-8
"3'-7
"16'-3
"
7'-7" 3'-7" 10'-3"
11'-4" 11'-3" 11'-5"4'-6"
11'-9" 9'-11"
11'-1
0"
4'-7"
13'-1
"
5'-11" 5'-10" 8'-7"
5'-0"
4'-0
"
16'-4
"
19'-3
"14'-3
"2'-9
"16'-6
"4'-5
"
6'-0"15'-8"13'-9"
18'-7
"6'-6
"6'-1
0"
2'-9
"11'-3
"
33'-3"
17'-11"
11'-5
"12'-1
0"
12'-2
"
24'-8
"
17'-11"
3'-6"
3'-1
1"
7'-4" 8'-0" 17'-0"
35'-7"
7'-4"
6'-6
"2'-8
"
8'-5"CLG
OFFICE
OFFICE
GALLERY
RECORDINGSTUDIO
RECORDINGBOOTH OFFICE OFFICE
CONFERENCE
KITCHEN
COURTYARD
PARKING
HALL8'-4
"CLG
8'-4
"CLG
8'-0"CLG ASSUMEDWALLTHICKNESS
A BETTER PLAN
PRECISION PROPERTYMEASUREMENTS
SCALE
PROJECT
AMAPPROVED BY
DATE
SHEET
All plans created by Precision PropertyMeasurement Ltd "PPM" are made exclusivelyfor landscaping purposes (Cal. Bus. & Prof.
Code §8727). All plans created by PPM do notinvolve the determination of any property line,and as such do not constitute land surveying
(Cal. Bus. & Prof. Code §§8726-8727). Inaddition, PPM services and plans do not
constitute civil engineering (Cal. Bus. & Prof.Code §§6702-6704), and thus should not beused for any studies or activities defined as
civil engineering (Cal. Bus. & Prof. Code§6731). PPM makes every reasonable effort toensure the accuracy of the information foundin our plans. In the event that our plans areused for reasons other than those for whichthey are specifically intended, PPM shall not
be held liable for any damages or any claimsarising out of such use. Furthermore, PPM
shall not be held liable for any damages orany claims arising out of the use of our plansunless such damage or claim is caused by our
negligence. Measurements should be fieldconfirmed before commencing construction.
FLOOR PLAN
PREPARED FOR
PROJECT NAME
PROJECT TYPE
PROJECT ADDRESS
14220
04/03/17
ALLEN MOSS
BEVERLYBOULEVARD
7317 BEVERLY BOULEVARDLOS ANGELES, CA 90036
of 1= CEILING HEIGHT
CO
UNTE
R
FULL
HEI
GHT
CABIN
ET
CLG
UPP
ER C
ABIN
ET
1
3626 E. PACIFIC COASTHIGHWAY | 2ND FLOORLONG BEACH CA | 90804T 562.621.9100F 888.698.2966WWW.PPMCO.NET
316" = 1'-0"
RESTAURANT: 1,283 SFRESTROOMS: 174 SFSTORAGE 1: 202 SFSTORAGE 2: 214 SFSTORAGE 3: 130 SFUNIT 3: 1,024 SFUNIT 4: 657 SFUNIT 5: 451 SFUNIT 7: 1,438 SFUNIT 9: 200 SFUNIT 10: 288 SFTOTAL: 6,061 SFCOURTYARD: 1,558 SF
FLOORPLAN FOR SALE | $4,300,000
BEVERLY BLVD
8'-6"CLG
UNIT 9
8'-6"CLG
STORAGE 1
8'-4"CLG
UNIT 5
8'-4"CLG
8'-4"CLG
8'-4"CLG
8'-3"CLG
UNIT 7
7'-9"CLG
9'-9"CLG 9'-9"CLG
8'-3"CLG
8'-2"CLG
8'-7"CLG
UNIT 4
7'-10"CLG 7'-10"CLG
7'-10"CLG
8'-5"CLG8'-5"CLG
8'-4"CLG
8'-4"CLG
9'-2"CLG
UP4.5"
8'-4"CLG
UNIT 10
8'-4"CLG
8'-0"CLG
DN17.5"
8'-0"CLG
8'-0"CLG
DN
8'-4"CLG
8'-1"CLG
8'-6"CLG
STORAGE 2
8'-4"CLG
STORAGE 3
8'-1"CLG
MEN
WOMEN
UNIT 3
9'-9"CLG
8'-2"CLG
UNIT 7(UPSTAIRS)
DN105"
UP105"
UP DN
DN
DN
RESTAURANT
WALK-INFREEZER
9'-2
"3
'-5"
8'-7
"
14'-5"11'-11"
8'-8
"1
3'-0
"1
1'-8
"1
1'-9
"1
1'-9
"1
1'-1
1"
9'-7"
9'-11"11'-11"
11'-7"
11
'-9"
11
'-3"
7'-3
"5
'-8"
3'-7
"1
6'-3
"
7'-7" 3'-7" 10'-3"
11'-4" 11'-3" 11'-5"4'-6"
11'-9" 9'-11"
11
'-10
"
4'-7"
13
'-1"
5'-11" 5'-10" 8'-7"
5'-0"
4'-0
"
16
'-4"
19
'-3"
14
'-3"
2'-9
"1
6'-6
"4
'-5"
6'-0"15'-8"13'-9"
18
'-7"
6'-6
"6
'-10
"2
'-9"
11
'-3"
33'-3"
17'-11"
11
'-5"
12
'-10
"1
2'-2
"
24
'-8"
17'-11"
3'-6"
3'-1
1"
7'-4" 8'-0" 17'-0"
35'-7"
7'-4"
6'-6
"2
'-8"
8'-5"CLG
OFFICE
OFFICE
GALLERY
RECORDINGSTUDIO
RECORDINGBOOTH OFFICE OFFICE
CONFERENCE
KITCHEN
COURTYARD
PARKING
HALL8'-4
"CLG
8'-4
"CLG
8'-0"CLG ASSUMEDWALLTHICKNESS
A BETTER PLAN
PRECISION PROPERTYMEASUREMENTS
SCALE
PROJECT
AMAPPROVED BY
DATE
SHEET
All plans created by Precision PropertyMeasurement Ltd "PPM" are made exclusivelyfor landscaping purposes (Cal. Bus. & Prof.
Code §8727). All plans created by PPM do notinvolve the determination of any property line,and as such do not constitute land surveying
(Cal. Bus. & Prof. Code §§8726-8727). Inaddition, PPM services and plans do not
constitute civil engineering (Cal. Bus. & Prof.Code §§6702-6704), and thus should not beused for any studies or activities defined as
civil engineering (Cal. Bus. & Prof. Code§6731). PPM makes every reasonable effort toensure the accuracy of the information foundin our plans. In the event that our plans areused for reasons other than those for whichthey are specifically intended, PPM shall not
be held liable for any damages or any claimsarising out of such use. Furthermore, PPM
shall not be held liable for any damages orany claims arising out of the use of our plansunless such damage or claim is caused by our
negligence. Measurements should be fieldconfirmed before commencing construction.
FLOOR PLAN
PREPARED FOR
PROJECT NAME
PROJECT TYPE
PROJECT ADDRESS
14220
04/03/17
ALLEN MOSS
BEVERLYBOULEVARD
7317 BEVERLY BOULEVARDLOS ANGELES, CA 90036
of 1= CEILING HEIGHT
CO
UNTE
R
FULL
HEI
GHT
CABIN
ET
CLG
UPP
ER C
ABIN
ET
1
3626 E. PACIFIC COASTHIGHWAY | 2ND FLOORLONG BEACH CA | 90804T 562.621.9100F 888.698.2966WWW.PPMCO.NET
316" = 1'-0"
RESTAURANT: 1,283 SFRESTROOMS: 174 SFSTORAGE 1: 202 SFSTORAGE 2: 214 SFSTORAGE 3: 130 SFUNIT 3: 1,024 SFUNIT 4: 657 SFUNIT 5: 451 SFUNIT 7: 1,438 SFUNIT 9: 200 SFUNIT 10: 288 SFTOTAL: 6,061 SFCOURTYARD: 1,558 SF
BEVERLY BLVD
WEST HOLLYWOOD
HOLLYWOOD
BEVERLY HILLS
SITE
LOCATION OVERVIEW
CEDAR SINAI
THE GROVE
BEVERLY CENTER
HANCOCK PARK
FOR SALE | $4,300,000
The subject property is located in the high-density, affluent Beverly Grove area on Beverly Boulevard between La Brea and Fairfax.
Beverly Boulevard is Los Angeles’ first Boulevard and has become one of Los Angeles’ premiere dining and shopping destinations. Nearby businesses include the famous El Coyote Mexican Cafe, as well as numerous national credit tenants.
BEVERLY BLVDNEIGHBORING TENANTS
SITE
EL COYOTE MEXICAN
CAFE
PETTY CASHTAQUERIA
COFFEE BEAN & TEA LEAF
STIR MARKET
PAN PACIFIC PARK
THE GROVE
BEVERLY BLVD
LA B
REA
AV
ENU
E
POIN
SETTIA PLA
CE
CBS STARBUCKS
BUZZFEED
SWEET ROSE CREAMERY
EREWHON
FOR SALE | $4,300,000
BEVERLY BLVDPLAT MAP FOR SALE | $4,300,000
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer or lessee must verify the information and bears all risk for any inaccuracies. Conroy Commercial Inc. ©2014
Brad Conroy | Lic 01328315 [email protected] 310.275.3233
SUNSET BOULEVARD | $9,900,000
5877 West Third Street | Los Angeles, CA 90036 | Lic. 01772254T 310.275.3233 | F 866.499.7479 | WWW.CONROYCOMMERCIAL.COM
Conroy Commercial , Inc. operates within a global family of companies with many subsidiaries and/or related entities (each an “Affiliate”) engaging in a broad range of commercial real estate businesses including, but not limited to, brokerage services, property and facilities management, valuation, investment fund management and development. At times different Affiliates may represent various clients with competing interests in the same transaction. For example, this Memorandum may be received by our Affiliates. Those, or other, Affiliates may express an interest in the property described in this Memorandum (the “Property”) may submit an offer to purchase the Property and may be the successful bidder for the Property. You hereby acknowledge that possibility and agree that neither Conroy Commercial, Inc. nor any involved Affiliate will have any obligation to disclose to you the involvement of any Affiliate in the sale or purchase of the Property. In all instances, however, Conroy Commercial, Inc. will act in the best interest of the client(s) it represents in the transaction described in this Memorandum and will not act in concert with or otherwise conduct its business in a way that benefits any Affiliate to the detriment of any other offeror or prospective offeror, but rather will conduct its business in a manner consistent with the law and any fiduciary duties owed to the client(s) it represents in the transaction described in this Memorandum. This is a confidential Memorandum intended solely for your limited use and benefit in determining whether you desire to express further interest in the acquisition of the Property. This Memorandum contains selected information pertaining to the Property and does not purport to be a representation of the state of affairs of the Property or the owner of the Property (the “Owner”), to be all-inclusive or to contain all or part of the information which prospective investors may require to evaluate a purchase of real property. All financial projections and information are provided for general reference purposes only and are based on assumptions relating to the general economy, market conditions, competition and other factors beyond the control of the Owner and Conroy Commercial, Inc. Therefore, all projections, assumptions and other information provided and made herein are subject to material variation. All references to acreages, square footages, and other measurements are approximations. The photographs herein may have been enhanced or otherwise modified for the purpose of providing a clearer view of the subject property. Additional information and an opportunity to inspect the Property will be made available to interested and qualified prospective purchasers. In this Memorandum, certain documents, including leases and other materials, are described in summary form. These summaries do not purport to be complete nor necessarily accurate descriptions of the full agreements referenced. Interested parties are expected to review all such summaries and other documents of whatever nature independently and not rely on the contents of this Memorandum in any manner. Neither the Owner or Conroy Commercial, Inc, nor any of their respective directors, officers, Affiliates or representatives make any representation or warranty, expressed or implied, as to the accuracy or completeness of this Memorandum or any of its contents (including without limitations the photographs contained herein), and no legal commitment or obligation shall arise by reason of your receipt of this Memorandum or use of its contents; and you are to rely solely on your investigations and inspections of the Property in evaluating a possible purchase of the real property. The Owner expressly reserved the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminate discussions with any entity at any time with or without notice which may arise as a result of review of this Memorandum. The Owner shall have no legal commitment or obligation to any entity reviewing this Memorandum or making an offer to purchase the Property unless and until written agreement(s) for the purchase of the Property have been fully executed, delivered and approved by the Owner and any conditions to the Owner’s obligations therein have been satisfied or waived. By receipt of this Memorandum, you agree that this Memorandum and its contents are of a confidential nature, that you will hold and treat it in the strictest confidence and that you will not disclose this Memorandum or any of its contents to any other entity without the prior written authorization of the Owner or Conroy Commercial, Inc. You also agree that you will not use this Memorandum or any of its contents in any manner detrimental to the interest of the Owner or Conroy Commercial, Inc. If after reviewing this Memorandum, you have no further interest in purchasing the Property, kindly return this Memorandum to Conroy Commercial, Inc. The information contained in this document has been obtained from sources believed reliable. While Conroy Commercial, Inc. does not doubt its accuracy, Conroy Commercial, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. Estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
Affiliated Business Disclosure, Confidentiality Agreement and Disclaimer
