3733 motor avenue los angeles, ca 90034€¦ · los angeles, ca 90034. for lease & for sale....

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3733 MOTOR AVENUE LOS ANGELES, CA 90034 FOR LEASE & FOR SALE

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Page 1: 3733 MOTOR AVENUE LOS ANGELES, CA 90034€¦ · LOS ANGELES, CA 90034. FOR LEASE & FOR SALE. 3733 MOTOR AVENUE. AVAILABLE. LEASE PRICE SALE PRICE. BLDG SIZE ... Pilates, and restaurants-Walkability

3 7 3 3 M O T O R A V E N U E

L O S A N G E L E S , C A 9 0 0 3 4

F O R L E A S E & F O R S A L E

Page 2: 3733 MOTOR AVENUE LOS ANGELES, CA 90034€¦ · LOS ANGELES, CA 90034. FOR LEASE & FOR SALE. 3733 MOTOR AVENUE. AVAILABLE. LEASE PRICE SALE PRICE. BLDG SIZE ... Pilates, and restaurants-Walkability

3733 MOTOR AVENUE

AVAILABLE

LEASE PRICE

SALE PRICE

BLDG SIZE

OCCUPANCY

PARKING

FEATURES -Creative office space with 11’ ceilings and high end finishes-Great walkability to the Expo Station, Pilates, and restaurants-Walkability rating 92-Centrally located just minutes from Fox and Sony studios with easy commuting near the 405 and 10 fwy-Adjacent to the Treehouse School and Child Care Center -Complimentary Telecom Concierge-Time Warner Cable (Now Spectrum), ACC (the Premiere, fiber-only division of AT&T), Global Capacity ethernet over copper, Coax cable and DSL.

P

STUDIO 200 5,989 SF $3.45/SF Net (Nets $0.65)

3% Anual Increases

Leased through March 31, 2023

Gated and Secured 12 Spaces12 Spaces at $150 eachAdditional Parking Available

STUDIO 300 5,540 SF $3.65/SF Net (Nets $0.65)

$11,415,000 ($990 PSF)

11,529 SF

May 1, 2019

Gated and Secured 12 Spaces12 Spaces at $150 eachAdditional Parking Available

Page 3: 3733 MOTOR AVENUE LOS ANGELES, CA 90034€¦ · LOS ANGELES, CA 90034. FOR LEASE & FOR SALE. 3733 MOTOR AVENUE. AVAILABLE. LEASE PRICE SALE PRICE. BLDG SIZE ... Pilates, and restaurants-Walkability

STUDIO 200- LEASED

Page 4: 3733 MOTOR AVENUE LOS ANGELES, CA 90034€¦ · LOS ANGELES, CA 90034. FOR LEASE & FOR SALE. 3733 MOTOR AVENUE. AVAILABLE. LEASE PRICE SALE PRICE. BLDG SIZE ... Pilates, and restaurants-Walkability

STUDIO 300- AVAILABLE

Page 5: 3733 MOTOR AVENUE LOS ANGELES, CA 90034€¦ · LOS ANGELES, CA 90034. FOR LEASE & FOR SALE. 3733 MOTOR AVENUE. AVAILABLE. LEASE PRICE SALE PRICE. BLDG SIZE ... Pilates, and restaurants-Walkability

SUITE 300- AVAILABLE

Page 6: 3733 MOTOR AVENUE LOS ANGELES, CA 90034€¦ · LOS ANGELES, CA 90034. FOR LEASE & FOR SALE. 3733 MOTOR AVENUE. AVAILABLE. LEASE PRICE SALE PRICE. BLDG SIZE ... Pilates, and restaurants-Walkability

FIRST FLOOR

Page 7: 3733 MOTOR AVENUE LOS ANGELES, CA 90034€¦ · LOS ANGELES, CA 90034. FOR LEASE & FOR SALE. 3733 MOTOR AVENUE. AVAILABLE. LEASE PRICE SALE PRICE. BLDG SIZE ... Pilates, and restaurants-Walkability

STUDIO 200- LEASED

Proposed Third Floor Plan for Adaptive StudiosProposed Second Floor Plan for Adaptive Studios

Page 8: 3733 MOTOR AVENUE LOS ANGELES, CA 90034€¦ · LOS ANGELES, CA 90034. FOR LEASE & FOR SALE. 3733 MOTOR AVENUE. AVAILABLE. LEASE PRICE SALE PRICE. BLDG SIZE ... Pilates, and restaurants-Walkability

STUDIO 300- AVAILABLE

Page 9: 3733 MOTOR AVENUE LOS ANGELES, CA 90034€¦ · LOS ANGELES, CA 90034. FOR LEASE & FOR SALE. 3733 MOTOR AVENUE. AVAILABLE. LEASE PRICE SALE PRICE. BLDG SIZE ... Pilates, and restaurants-Walkability

STUDIO 300- OPTION 1

Page 10: 3733 MOTOR AVENUE LOS ANGELES, CA 90034€¦ · LOS ANGELES, CA 90034. FOR LEASE & FOR SALE. 3733 MOTOR AVENUE. AVAILABLE. LEASE PRICE SALE PRICE. BLDG SIZE ... Pilates, and restaurants-Walkability

STUDIO 300- OPTION 2

Page 11: 3733 MOTOR AVENUE LOS ANGELES, CA 90034€¦ · LOS ANGELES, CA 90034. FOR LEASE & FOR SALE. 3733 MOTOR AVENUE. AVAILABLE. LEASE PRICE SALE PRICE. BLDG SIZE ... Pilates, and restaurants-Walkability

WALKABLE AMENITIES

3733 MOTOR AVE

Page 12: 3733 MOTOR AVENUE LOS ANGELES, CA 90034€¦ · LOS ANGELES, CA 90034. FOR LEASE & FOR SALE. 3733 MOTOR AVENUE. AVAILABLE. LEASE PRICE SALE PRICE. BLDG SIZE ... Pilates, and restaurants-Walkability

3733 MOTOR AVE

APPLE

APPLE

HBO

DOWNTOWN CULVER CITY

VENICE BLVD

OVERLAND AVE

METRO

LINE

CULVER STUDIOS

WASHINGTON BLVD

SONY STUDIOS

AMAZON

Page 13: 3733 MOTOR AVENUE LOS ANGELES, CA 90034€¦ · LOS ANGELES, CA 90034. FOR LEASE & FOR SALE. 3733 MOTOR AVENUE. AVAILABLE. LEASE PRICE SALE PRICE. BLDG SIZE ... Pilates, and restaurants-Walkability

11,000 Square Feet

PURCHASE ASSUMPTIONS: LEASE ASSUMPTIONS:Per Sq. Ft.

Purchase Price $990 $10,890,000 Lease rate per square foot per month $3.65SBA Fees (Financed) $119,000 Lease rate per month $40,150Total Project Cost $11,009,000

START-UP COSTS START-UP COSTSCash down payment (10%) $1,089,000 Prepaid lease payment and security deposit $80,300

MONTHLY COSTS Per Sq. Ft. Amount MONTHLY COSTS Per Sq. Ft. AmountMonthly Payment $4.929 $54,222 Lease Payment $3.65 $40,150Property Taxes $0.908 $9,983 NNN Fees $0.65 $7,150Insurance $0.010 $110Total Monthly Costs $5.847 $64,315 Total Monthly Costs $4.30 $47,300

MONTHLY OWNERSHIP BENEFITS MONTHLY LEASE BENEFITSPer Sq. Ft. Amount

Monthly Depreciation Estimate $0.677 $7,446 Monthly Depreciation Estimate $0Property Tax Benefit $0.363 $3,993 Property Tax Benefit $0Interest Deduction $1.426 $15,687 Interest Deduction $0Total Ownership Benefits $2.466 $27,126 Total Ownership Benefits $0

TOTAL EFFECTIVE MONTHLY COST $37,189 TOTAL EFFECTIVE MONTHLY COST $47,300

Benefits of owning include: equity growth, control of costs, cash flow, tax benefits, and retirement investment.

Property Taxes: Estimated at 1.1% of purchase priceDepreciation: Estimated based upon 80% allocation of purchase price to building cost and 40% tax bracket. Property Tax Benefit and Interest Deduction: Estimated at 40% tax bracket.Owner's Equity: Estimated equity after 10 years would be $6,046,901 (assumes annual appreciation at 3%; plus initial equity injection).

Appreciation Benefits of OwnershipRate of Assumed Appreciation p 3%

Appr Value Year 1 11,216,700

Appr Value Year 5 12,624,495

Appr Value Year 10 14,635,249

Total Project Cost $11,009,000 Note that interest rates vary from month to month andCash down payment: 10% of Purchase Price $1,089,000 loan terms differ from one lender to another.Amount financed (includes SBA fees) $10,039,000 Monthly payment $54,222

• The SBA 504 program provides 90% financing by combining a loan from a regular bank for 50% of the total loan amount and a loan from the SBA for 40% of the total loan amount (plus financed SBA loan fees). The buyer provides a 10% cash down payment.

SBA Financing 1st Mortgage by Bank 2nd Mortgage by SBALoan Amount $5,445,000 $4,356,000Interest Rate 4.85% (estimate) 4.74% (Mar '19)Amortization in years 30 year amortization 25 year amortizationPercent of Total Loan Amount 50% of total 40% of totalLoan Fee $54,450 1.00% (estimate) $119,000 2.65% + $3,000 legal feeMonthly Payment $28,733 $25,490 (includes SBA fees)

Property Size:

For more information, please contact:

Carly Naples213-369-9947

• OWN • • LEASE •

• SBA 504 FINANCING PROGRAM •

LEASE VS. OWN COMPARISONAddress: 3733 Motor Ave., Los Angeles, CA 90034

Page 14: 3733 MOTOR AVENUE LOS ANGELES, CA 90034€¦ · LOS ANGELES, CA 90034. FOR LEASE & FOR SALE. 3733 MOTOR AVENUE. AVAILABLE. LEASE PRICE SALE PRICE. BLDG SIZE ... Pilates, and restaurants-Walkability

CREATED FOR: Alex Rivera of Lee & Associates SERVICE ADDRESS: 3733 Motor Ave, Los Angeles, CA 90034

TELECOM AVAILABILITY REPORT LOCAL EXCHANGE CARRIER: AT&T (310/202)

SERVICING CENTRAL OFFICE: CLCYCA11DS0 ( feet)

This report contains sample pricing. We are always guaranteed the lowest rates with every provider.

SERVICE TYPE

AVAILABLE SPEEDS & OPTIONS

MONTHLY PRICE

BASED ON 3 YEAR TERM

INSTALL TIME

NUMBER OF DAYS

PRODUCT OR

SERVICE RELIABILITY

DESCRIPTIONS & NOTES

DEDICATED INTERNET Symmetrical Upload and Download, speeds guaranteed with an SLA

AVAILABLE CARRIERS: ACC / Level 3 / TPAC / XO /Towerstream / Nitel / Global Capacity / Airespring / TWC / Zayo

Fiber (lit) 10M – 1Gb + $399+ 45 – 90 Ethernet over Fiber. Temp Bonded T1s provided.

T1 / NxT1 1.5M – 9M $214 - $978 30 – 35 Older Technology. Includes a Managed Cisco Router.

Fixed Wireless 1M – 100M $179+ 7 – 10 Microwave. Ethernet over Rooftop Wireless.

EOC 3M – 80M $288+ 30 – 45 Ethernet over Copper

SHARED INTERNET Asymmetrical Upload and Download, no SLA, services are “Best Effort”

AVAILABLE CARRIERS: AT&T / Bullseye / TWC / Megapath Cable / COAX Up to 300 X 20 up to $179 15 – 30 Coax in Building.

DSL (Dedicated) up to 75 x 8 up to $135 7 – 10 36 month term with SLA.

Uverse up to 60 x 5 up to $100 3 - 5 good temp or redundant circuit

VOICE & INTEGRATED AVAILABLE CARRIERS: Star2Star, Intermedia, Megapath, Vonage, Mitel, Equiinet, XO, Bullseye, Telepacific, 8x8, Fusion

“Smartvoice” 10M x 10M EoC $450 30 – 45 Includes 8 Analog Lines / PRI Trunks, 2,000 LD, 30 IPs, 100 DID numbers, & all outbound / local calling.

Stand Alone Lines 1 + $50 Each 3 – 5 Fax Line. Old Technology. Plain old telephone line.

SIP Trunks 1 + $10 - $30 Each 3 – 5 Newest Technology. All Hosted Platform

ISDN PRI 23 Channels $300 - $500 30 – 45 Old Technology. Digital Trunks off a T1

Hosted VOIP 3 + $20 - $30 Each 7 – 14 More affordable and greater security

CLOUD SERVICES AVAILABLE CARRIERS: Rapidscale, XO, Level(3), Evolve IP

Remote Desktop From $40 1 – 7 access your apps on any device globally

Data Security Complex TBA Virtual firewall and encrypted storage

Disaster Recovery From $60 1 – 4 Safeguard your data in the cloud

Cloud Server From $15 per GB Ram 1 – 3 Flexible with usage based cost

Pricing, terms and conditions are subject to change. ACS is a FREE service to all tenants.

For inquiries or Service Order requests, please contact

Christina Thurston 310-492-4010 [email protected]

Page 15: 3733 MOTOR AVENUE LOS ANGELES, CA 90034€¦ · LOS ANGELES, CA 90034. FOR LEASE & FOR SALE. 3733 MOTOR AVENUE. AVAILABLE. LEASE PRICE SALE PRICE. BLDG SIZE ... Pilates, and restaurants-Walkability

F Ronald Rader, SIOR310.899.2743

[email protected]#: 00452728

Gage Danley310.899.2749

[email protected]#: 02075191

Alex Rivera310.899.2742

[email protected]#: 010328712

BRE 01222000