PRIME WEST HOLLYWOOD INVESTMENT/ REDEVELOP / ADD-VALUE

This prime location is in close proximity to popular city attractions: The Grove is made up of a 575,000-square feet shopping mall. Original Farmer’s Market, famous Melrose Avenue, and The Beverly Center, the mall is an 883,000-square foot, the Sunset Strip with many famous boutiques and restaurants, Cedar Sinai Medical Center a non-profit 958-bed hospital and academic health science center, the hospital employs a staff of over 2,000 physicians and 10,000 employees. CBS Television City, Pacific Design Center, House of Blues, Whisky a Go Go, famous restaurants, Roxy Theater and Viper Room, legent Westlake Recording Studio, Laugh Factory, and many more. Traffic Count: +/- 162,539 cars per day at the intersection of La Cienega Blvd and Santa Monica Blvd.LOCATION, LOCATION, LOCATION Allen Afshar of SVN is exclusively offering the sale of 980 North La Cienega Boulevard just south of Santa Monica Boulevard in West Hollywood, California. The prime redevelopment is located in the most desirable city of West Hollywood. The property is strategically located just south of Santa Monica Boulevard with a heavily trafficked intersection of +/- 162,539 cars per day. High building and sign visibility with +/- 100 feet frontage along La Cienega Boulevard. The building size is +/- 18,807 SF including a vacant basement/storage on +/- 13,150 SF of corner double lot (one in Los Angeles with LA-C-2 zoning, one in West Hollywood with WD-C2A). It was built in 1956. This prime asset consists of retail, restaurant, office, and basement/storage of +/_ 2,570 SF which is included in the building size. Additional income generates from a billboard. A MAJOR CANDIDATE FOR A REDEVELOPMENT PROJECT. APPROXIMATELY +/- 75% OF THE BUILDING DELIVER VACANT AT THE CLOSE OF ESCROW. (BUYER TO VERIFY WITH THE APPROPRIATE CITY).