LOS ANGELES, CA 90017...758 Hartford Avenue has a Walk Score of 94 out of 100. This location is a...

CENTRAL CITY WEST | 6,220 SF OF R5 (CW) - U/6 TIER 3

758 S. HARTFORD AVENUELOS ANGELES, CA 90017

$1,395,000

TABLE OF CONTENTS

04 The Offering

05 Walkscore

06 Brick + Work

07 Area Map

08 Maps

09 Zimas Overview

11 Parcel Map

12 Property Photos

21 About the Agent

23 Compass Commercial

PROPERTY OVERVIEW

758 S. Hartford Avenue

COMPASS COMMERCIAL | LOS ANGELES 4Dario Svidler | Justin Ruder | 758 S. Hartford Offering Memorandum

THE OFFERING

Presented for sale is Raw Land. DON’T bother with evictions, NO need to Ellis, NO RSO worries...just you and this land!

Situated just outside of Downtown Los Angeles, west of the 110 freeway in Central City West, from here your future tenants can live car-free while being in the hustle and bustle of deep urban Los Angeles.

A fifteen minute walk to LA Live and FIGat7th, under 10 minutes on foot to Plan Check Kitchen and around the corner from The Teragram Ballroom concert hall, your tenants can access most of Los Angeles with a 13 minute trek to the 7th & Figueroa Metro Station.

WalkScore calls this location a Walker’s and Rider’s Paradise, with a Walk Score of 94 and a rare Transit Score of 100!

The CW Zoning is equivalent to an R5 Zoning (the Holy Grail of Residential Zoning) with practically no height limit and a Maximum FAR of 6:1 (or 8.7:1 by TOC)! Build 55± units by TOC or 31 by right.

Price Lot Sq Ft

TOC Zoning

$1,395,000 6,220 SF

Tier 3 R5 (CW) - U/6

PROPERTY DESCRIPTIONAT A GLANCE

• 5 Minutes or Less

- The Teragram Ballroom

- Cafe Teragram

- Monty Bar

- 7-Eleven

- Garage Gallery LA


- Plan Check Kitchen + Bar

- Starbucks

- Subway Sandwiches

- Kachi Deli Cafe & Grill

- The Sandwich Joint

-PacificDiningCar

LOCAL AREA ON FOOT


- LA Live

• Regal Cinemas

• Microsoft Theater

• Grammy Museum

• Staples Center

- FIGat7th

• Clothing Stores

• Bars and Restaurants

• Gold’s Gym

• CVS Pharmacy

- Metro Subway Station

- Food4Less

- Rite Aid

- Home Depot

- Tons and Tons more

Current Use Vacant Land

RSO No

APN 5143-010-006



WALKSCORE

758 Hartford Avenue Westlake / Central City West, Los Angeles, 90017

https://www.walkscore.com/score/758-hartford-ave-los-angeles-ca-90017

About this Location 758 Hartford Avenue has a Walk Score of 94 out of 100. This location is a Walker’s Paradise so daily errands do not require a car.

This location is in the Westlake neighborhood in Los Angeles. Nearby parks include Grand Hope Park, South Bonnie Brae Tract Historic District and MacArthur Park.

758 Hartford AvenueWestlake / Central City West, Los Angeles, 90017


About this Location758 Hartford Avenue has a Walk Score of 92 out of 100. This location is a Walker’s Paradise so daily errands do not require a car.

This location is in the Westlake neighborhood in Los Angeles. Nearby parks include Grand Hope Park, South Bonnie Brae Tract Historic District and MacArthur Park.




758 Hartford Avenue Westlake / Central City West, Los Angeles, 90017

https://www.brickwork.la/properties-2/hartford-758-cw/



AREA MAP



MAPS



ZIMAS OVERVIEW

City of Los AngelesDepartment of City Planning

4/15/2019PARCEL PROFILE REPORT

Address/Legal InformationPIN Number 130-5A205 292Lot/Parcel Area (Calculated) 6,219.9 (sq ft)Thomas Brothers Grid PAGE 634 - GRID D4Assessor Parcel No. (APN) 5143010006Tract GARLAND TRACT EXTENSIONMap Reference M R 78-3/4Block NoneLot 31Arb (Lot Cut Reference) 1Map Sheet 130-5A205Jurisdictional InformationCommunity Plan Area WestlakeArea Planning Commission CentralNeighborhood Council Westlake SouthCouncil District CD 1 - Gilbert CedilloCensus Tract # 2093.00LADBS District Office Los Angeles MetroPlanning and Zoning InformationSpecial Notes NoneZoning CWZoning Information (ZI) ZI-2374 LOS ANGELES STATE ENTERPRISE ZONE

ZI-1441 Central City WestZI-2427 Freeway Adjacent Advisory Notice for Sensitive UsesZI-2452 Transit Priority Area in the City of Los Angeles

General Plan Land Use High Density ResidentialGeneral Plan Note(s) YesHillside Area (Zoning Code) NoSpecific Plan Area Central City West Subarea South (Wilshire Corridor District- 8th/9th Street District)Special Land Use / Zoning R5(CW)-U/6Design Review Board NoHistoric Preservation Review NoHistoric Preservation Overlay Zone NoneOther Historic Designations NoneOther Historic Survey Information NoneMills Act Contract NoneCDO: Community Design Overlay NoneCPIO: Community Plan Imp. Overlay None Subarea NoneCUGU: Clean Up-Green Up NoneHCR: Hillside Construction Regulation NoNSO: Neighborhood Stabilization Overlay NoPOD: Pedestrian Oriented Districts NoneRFA: Residential Floor Area District NoneRIO: River Implementation Overlay NoSN: Sign District No

PROPERTY ADDRESSES758 S HARTFORD AVE

ZIP CODES90017

RECENT ACTIVITYPAR-2019-967-TOC

CASE NUMBERSCPC-2018-5222-SPCPC-2008-4247-GPACPC-2007-1233-GPACPC-1987-182-SPCPC-1986-605-GPCORD-180983ORD-179420ORD-176519ORD-169110ORD-167944ORD-166705ORD-166704ORD-166703ORD-164625-SA4920ENV-2018-5223-NDENV-2013-3392-CE

This report is subject to the terms and conditions as set forth on the website. For more details, please refer to the terms and conditions at zimas.lacity.org(*) - APN Area is provided "as is" from the Los Angeles County's Public Works, Flood Control, Benefit Assessment.

zimas.lacity.org | planning.lacity.org

Streetscape NoAdaptive Reuse Incentive Area NoneAffordable Housing Linkage Fee Residential Market Area Medium Non-Residential Market Area MediumTransit Oriented Communities (TOC) Tier 3CRA - Community Redevelopment Agency NoneCentral City Parking NoDowntown Parking NoBuilding Line None500 Ft School Zone No500 Ft Park Zone NoAssessor InformationAssessor Parcel No. (APN) 5143010006APN Area (Co. Public Works)* 0.142 (ac)Use Code 010V - Residential - Single Family Residence - Vacant LandAssessed Land Val. $1,584,009Assessed Improvement Val. $0Last Owner Change 12/30/2016Last Sale Amount $1,522,515Tax Rate Area 67Deed Ref No. (City Clerk) 752839

7-3774481356927313021742662-321580891118048

Building 1 No data for building 1Building 2 No data for building 2Building 3 No data for building 3Building 4 No data for building 4Building 5 No data for building 5Additional InformationAirport Hazard NoneCoastal Zone NoneFarmland Area Not MappedUrban Agriculture Incentive Zone YESVery High Fire Hazard Severity Zone NoFire District No. 1 NoFlood Zone NoneWatercourse NoHazardous Waste / Border Zone Properties NoMethane Hazard Site NoneHigh Wind Velocity Areas NoSpecial Grading Area (BOE Basic Grid Map A-13372)

No

Oil Wells NoneSeismic HazardsActive Fault Near-Source Zone Nearest Fault (Distance in km) 0.52148232 Nearest Fault (Name) Puente Hills Blind Thrust Region Los Angeles Blind Thrusts

This report is subject to the terms and conditions as set forth on the website. For more details, please refer to the terms and conditions at zimas.lacity.org(*) - APN Area is provided "as is" from the Los Angeles County's Public Works, Flood Control, Benefit Assessment.

zimas.lacity.org | planning.lacity.org



ZIMAS PUBLIC Generalized Zoning 04/15/2019City of Los Angeles

Department of City Planning

Address: 758 S HARTFORD AVE Tract: GARLAND TRACT EXTENSION Zoning: CWAPN: 5143010006 Block: None General Plan: High Density ResidentialPIN #: 130-5A205 292 Lot: 31

Arb: 1

Streets Copyright (c) Thomas Brothers Maps, Inc.

ZIMAS OVERVIEW



PARCEL MAP

PROPERTY PHOTOS



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PROPERTY PHOTOS



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PROPERTY PHOTOS

ABOUT THE AGENT

22COMPASS COMMERCIAL | LOS ANGELESDario Svidler | Justin Ruder | 758 S. Hartford Offering Memorandum

Dario SvidlerExecutive Vice President

O 424. 324. 6304C 818. 653. [email protected] 01884474

Dario Svidler grew up with Real Estate all around him. Dario’s father, a Structural Engineer and practicing General Contractor, and his mother, an Architect, would take Dario to their job-sites all throughout his childhood.

With experience in all facets of the Construction and Real Estate Businesses, ranging from Commercial and Industrial to all types of Residential, Dario has sold in excess of $500 million in Real Estate and is well on his way to doubling that number.

Dario’s talent for finding Value-Add Properties has made him an indispensable asset to a select group of Clients and Investors looking to add higher-yielding properties to their portfolios.

Dario is a member of the Real Estate and Construction Division of the Jewish Federation and an alumnus of the American Jewish University.


Justin RuderCommercial Associate

O 424. 324. 6307C 310. 686. 6061 DRE 02080759

Justin Ruder, a Los Angeles native, is an associate at Compass Commercial specializing in the sale and acquisition of land, multi-family buildings, and commercial properties. Justin joined Compass with the purpose of ensuring that his clients get the optimal use out of their real estate long-term and short-term needs. His extensive market knowledge and experience help him deliver strategic solutions that have made him an invaluable resource to his clients.

Justin graduated from the University of Wisconsin-Madison with a Bachelor’s degree in Economics. Following his graduation, Justin went on to work for an affordable housing developer where he was exposed to the various complexities of the development process including due diligence studies, deal structuring, title aspects, plan check, and construction.

Eventually, he went on to work as a Research Analyst at Newmark Knight Frank, where he spent over a year studying market trends and data analytics. Having worked with high level real estate professionals, Justin’s understands how to find strategic solutions that have made in an invaluable resource to his clients. In his free time, Justin enjoys exploring new restaurants and watching his hometown Dodgers.

COMPASS COMMERCIAL


At Compass Commercial, our focus is to provide clients with comprehensive and superior, trustworthy services. This full spectrum of value-added services, from market research to ongoing advisory services, is offered to all commercial property types including multi-family, office, retail, industrial, land and development investments. Our services go much further than purchasing or selling an asset. Working with clients, we identify their real estate investment goals and work side by side to build a strategic real estate investment plan.

About Compass Commercial

Commercial Investment Services

The following outlines the distinctive platform of transaction and consultative services we offer our clients:

Acquisitions-Commercial Properties

We specialize in identifying underperforming investment opportunities. We provide accurate and reliable evaluation of an asset’s performance relative to other real estate and non-real estate investment alternatives. Using our financial analysis, investment alternatives are scrutinized for projected cash flow, residual values at risk.

Dispositions-Commercial Properties

Maximizing an asset’s value by developing individualized marketing plans is our area of expertise.

Commercial Leasing Services We specialize in office, retail, and creative space.

Advisory Services

Asset management - We provide a comprehensive real estate investment analysis to maximize the investment return by determining if the asset should be sold, refinanced, renovated, or held.

Market Research

We have access to the latest commercial real estate information and trends that are essential in making informed decisions. This includes researching and analyzing competitive properties, prevailing market conditions, and building occupancy.

Our Services


CONFIDENTIALITY AND DISCLAIMER

The information contained in the offering is confidential, furnished solely for the purpose of review by a prospective purchaser of the subject property. The material is based in part upon information supplied and in part upon information obtained by Compass Commercial from sources it deems reasonably reliable. No warranty or representation, expressed or implied, is made by the owner, Compass Commercial, or any of their respective affiliates, as to the accuracy or completeness of the information contained herein or any other written or oral communication transmitted to a prospective purchaser in the course of its evaluation of the Property. No legal liability is assumed or to be applied in connection with the information or such other communications. Without limiting the generality of the foregoing, the information shall not be deemed a representation of the state of affairs of the subject property or constitute an indication that there has been no change in the business or affairs of the subject property since the date of preparation of the information. Prospective purchasers should make their own projections and conclusions without reliance upon the materials contained herein and conduct their own independent due diligence, including engineering and environmental inspections, to determine the condition of the Property and the existence of any potentially hazardous material located at the site.

The Offering Memorandum was prepared by Compass Commercial. It contains select information pertaining to the subject property and does not purport to be all inclusive or to contain all of the information which a prospective purchaser may desire. All financial projections are provided for general reference purposes only and are based on assumptions relating to the general economy, competition and other factors beyond control and, therefore, are subject to material change or variation. An opportunity to inspect the subject property will be made available to qualified prospective purchasers.

In the Offering certain documents and other materials are described in summary form. The summaries do not purport to be complete nor, necessarily, accurate descriptions of the full agreements involved, nor do they constitute a legal analysis of such documents. Interested parties are expected to independently review all documents.

The Offering is subject to prior placement, errors, omissions, changes or withdrawal without notice and does not constitute a recommendation, endorsement or advice as to the value of the Property by Compass Commercial or the owner. Each prospective purchaser is to rely upon its own investigation, evaluation and judgment as to the advisability of purchasing the subject property described herein.

The owner and Compass Commercial expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offer to purchase the subject property and/or to terminate discussions with any party at any time with or without notice. The owner shall have no legal commitment or obligation to any interested party reviewing the Offering or making an offer to purchase the subject property unless a written agreement for the purchase of the subject property has been fully executed and delivered by the owner and such party and any conditions to the owner’s obligations there under have been satisfied or waived and then only to the extent expressly provided for therein. Compass Commercial is not authorized to make any representations or agreements on behalf of the owner.

For more information please contact our exclusive sales agent:

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01866771. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate.

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LOS ANGELES, CA 90017...758 Hartford Avenue has a Walk Score of 94 out of 100. This location is a...

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