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Arts District East OFFERING MEMORANDUM 4436 Worth Street, Los Angeles, CA 18,160 SF 1,324 SF 28,896 SF

Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

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Page 1: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

Arts District East OFFERING MEMORANDUM4436 Worth Street, Los Angeles, CA

18,160 SF

1,324 SF

28,896 SF

Page 2: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

Table of Contents1. Executive Summary

• The Offering

• Location Aerials

2. Property Description

• Property Description & Map• Site Plans • Additional Photos

Nick Arnst Vice President [email protected] #01927768

Offered by

The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Kidder Mathews and should not be made available to any other person or entity without the written consent of Kidder Mathews.

This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Kidder Mathews has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Kidder Mathews has not verified, and will not verify, any of the information contained herein, nor has Kidder Mathews conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

This information has been secured from sources we believe to be reliable. We make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Recipient of this report must verify the information and bears all risk for any inaccuracies.

Kidder Mathews5701 S Eastern Ave, Suite 100Commerce, CA 90040

kiddermathews.com

4436 Worth Street Los Angeles, CA

Page 3: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

Executive Summary

OFFERED FOR SALE BY NICK ARNST

Page 4: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

Executive Summary

THE OFFERING

Kidder Mathews has been retained to exclusively market this creative/artist/warehouse/distribution compound of beautiful art deco and exposed brick buildings located in the heart of Central Los Angeles.

Three (3) Free Standing Historical Buildings located between Cal State Los Angeles & USC Medical Center in one of the most dynamic submarkets of Los Angeles & Arts District East.

18,160 SF

1,324 SF

28,896 SF

4436 WORTH STREET 3 BUILDING TOTALING ± 48,380 SF

PROPERTY HIGHLIGHTS

Ideal for Light Industrial, Creative, Artist, Tech, Brewery, Production, Fashion, Film, & Design (Subject to City Approvals).

Fenced & fully secured parking. Heavy steel gates. Stripped parking for 40+ vehicles.

Bow truss exposed ceilings throughout both front and rear buildings. Exposed windows and natural light all throughout the property.

West end of front building completed renovated and fully air conditioned. Both buildings fully equipped for Cat 5 cabling and internet services.

Power Includes two (2) separate 200 AMP services/220 Volt/3 Phase/4 wire. Both buildings are seismic & fully earthquake retrofitted.

Both buildings are fully sprinklered, back building includes a calculated system of .20/2,000 SF.

Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental reports available upon request.

Ten (10) Minutes east of the famous Arts District & Downtown.

PRICING SUMMARY

Sale Price: To Be Determined Occupancy: Close of Escrow Will work with 1031 Buyer

Page 5: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

LOCATION AERIAL

BELL GARDENS

COMMERCE

MONTEBELLO

LOS ANGELES

HUNTINGTON PARKINGLEWOOD

CULVER CITY

4436 WORTH STREET

MONTEREY PARK

ALHAMBRA

CITY TERRACE

VERNON

MAYWOOD

WEST HOLLYWOOD

BEVERLY HILLS KOREA TOWN

SILVER LAKE

LOS FELIZ

4436 WORTH STREET 3 BUILDING TOTALING ± 48,380 SF

Page 6: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

4436 WORTH STREET 3 BUILDING TOTALING ± 48,380 SF

LOCATION AERIAL

SUBJECT PROPERTIES

N D

iman Ave

Flower St Fishburn Ave

N Indiana St

Valley Blvd

Medford St

Page 7: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

4436 WORTH STREET 3 BUILDING TOTALING ± 48,380 SF

LOCATION AERIAL

18,160 SF1,324 SF

28,896 SF

DTLA

ARTS DISTRICT

Page 8: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

Property Description

Page 9: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

Property Description

4436 Worth Street, Los Angeles, CA 90063

YEAR BUILT 1934 (Front building) / 1947 (Back building)

CONSTRUCTION TYPE Art decco, brick, frame & stucco, metal & block

BUILDING(S)Front (18,160 SF), Back (28,896 SF), Storage (1,324 SF) Total (48,380 SF)

LAND 66,647 SF

COVERAGE 73%

DOCK DOORS 4

GROUND LEVEL DOORS 4

YARD Fenced and paved

PARKING 40+ spaces

RAIL SERVED Yes

ZONING LAM3 and LCM2

SUBMARKET Central LA / Arts District East

PARCEL NUMBER 5224-005-017, 5224-005-018

Whittier Blvd

E 4th St

E Washington Blvd

E Cesar E Chavez Ave

Valle

y Blvd

N S

oto

St

4436 WORTH ST

Vernon

Los Angeles

Montecito Heights

Huntington Park

S S

anta Fe A

ve

S A

Lamed

a St

Slauson Ave

Commerce

Bell Gardens

4436 WORTH STREET 3 BUILDING TOTALING ± 48,380 SF

Page 10: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

SITE PLAN

FRONT BUILDING

18,160 SF

80’

WAREHOUSE

GL

96’

VAULT

WOMEN LOCKER

WOMEN RR

32’

35’

BREAKAREA

WORK ROOM

32’

MECHANICAL

OPEN OFFICE AREA

STORAGE

66’

HAL

LWAY

16’

26’

24’

OPEN OFFICE AREA

64’

OPEN OFFICE AREA

33.5’ 29’

24’

16’

MEN LOCKER DATA

MEN RR

SHOW ROOM16’

26’

16’

14’ 14’ 21’ 19’ 19’ 21’

CONFERENCE OFFICE OFFICE OFFICE

ELEC

T-

RIC

AL

4436 WORTH STREET 3 BUILDING TOTALING ± 48,380 SF

Page 11: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

SITE PLAN

1,324 SF

BACK BUILDING

28,896 SF

31’ 68’

23.5’

19.5

31’

135’

90’

41’

42.5’

68.5’

106’

134.5’

GL

RAMP

DH

TRUCK WELL

DH DH

GL

GL

DH

16’

20’

4436 WORTH STREET 3 BUILDING TOTALING ± 48,380 SF

Page 12: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

SITE PLAN

4436 WORTH STREET 3 BUILDING TOTALING ± 48,380 SF

Page 13: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

SITE PLAN

4436 WORTH STREET 3 BUILDING TOTALING ± 48,380 SF

Page 14: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

SITE PLAN

4436 WORTH STREET 3 BUILDING TOTALING ± 48,380 SF

Page 15: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

ADDITIONAL PHOTOS

4436 WORTH STREET 3 BUILDING TOTALING ± 48,380 SF

Page 16: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

ADDITIONAL PHOTOS

4436 WORTH STREET 3 BUILDING TOTALING ± 48,380 SF

Page 17: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

ADDITIONAL PHOTOS

4436 WORTH STREET 3 BUILDING TOTALING ± 48,380 SF

Page 18: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

ADDITIONAL PHOTOS

4436 WORTH STREET 3 BUILDING TOTALING ± 48,380 SF

Page 19: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

ADDITIONAL PHOTOS

4436 WORTH STREET 3 BUILDING TOTALING ± 48,380 SF

Page 20: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

ADDITIONAL PHOTOS

4436 WORTH STREET 3 BUILDING TOTALING ± 48,380 SF

Page 21: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

ADDITIONAL PHOTOS

4436 WORTH STREET 3 BUILDING TOTALING ± 48,380 SF

Page 22: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

ADDITIONAL PHOTOS

4436 WORTH STREET 3 BUILDING TOTALING ± 48,380 SF

Page 23: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

ADDITIONAL PHOTOS

4436 WORTH STREET 3 BUILDING TOTALING ± 48,380 SF

Page 24: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

ADDITIONAL PHOTOS

4436 WORTH STREET 3 BUILDING TOTALING ± 48,380 SF

Page 25: Arts District East - LoopNet · 2018. 9. 14. · This Marketing Brochure has been prepared to provide summary, ... Phase 1 completed in 2003 & Phase 2 completed in 2015. Full enviromental

4436 WORTH STREET | Kidder Mathews

Nick Arnst Vice [email protected] LIC# 01927768

kiddermathews.com