Alexander B. SachsExecutive Vice President310.966.4380

Brian C. PetersonExecutive Vice President310.966.4385

William B. AlthouseExecutive Vice President310.966.4389

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Excellent investment opportunity, good current yield with below market rents.

INVESTMENT OVERVIEWWESTMAC Commercial Brokerage Company is proud to present 5147 Washington Boulevard available for purchase. This ±4,736 square foot building sits on ±6,437 square feet of land on the Washington Boulevard. The property is perfectly positioned for an owner-user with month-to-month leases. It is conveniently located on one of the main artery roads of Los Angeles: Washington Boulevard and is also in close proximity to the Santa Monica freeway, or Interstate 10. This central location, sees approximately 20,000 cars passing by each day, according to LADOT’s traffic survey.

Highlights:• Owner-User or Investment Opportunity• Transit Oriented Location• Current Tenants Month-to-Month• Excellent Ceiling Heights• Close Proximity to Interstate 10— Santa Monica Freeway

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LOS ANGELES

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PROPERTY DESCRIPTIONAddress:5147 West Washington BoulevardLos Angeles, CA 90016

APN: 5067-018-026

New Asking Price:$1,700,000

Year Built: 1925

Building SF*: ±4,736 SF

Land SF*: ±6,437 SF

Zoning*: C2-1VL-CPIO

Current Tenants:Month-to-Month

Lease Rate**:Commercial Unit 1: $2,000/month FMG Month-to-MonthCommercial Unit 2: VacantCommercial Unit 3: $1,700/month FMG Month-to-Month

Residential Unit 1: $900Residential Unit 2: $900

T.O.C.*: Tier 1

*All square footage and zoning taken from public records; buyer to independently verify**Per Lease— discuss lease details with listing agent

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AREA SUMMARY5147 West Washington Boulevard is located in Los Angeles, California, sitting between downtown Los Angeles and the Pacific Ocean. Known as a commuter city since its conception, Mid-City is a main route for the many travelers who commute daily through Los Angeles.

In the height of the 1920’s and ‘30s, trolley line construction began in the neighborhoods that now compose Mid-City Los Angeles. Some of the notable neighborhoods that compose the area are: Picfair Village, Lafayette Square and Victoria Park. These areas all boast historic homes that have kept their traditional styles intact since they were built.

Being centrally located in Los Angeles, Mid-City is the hub to everything the city has to offer. Just a short drive away from other Los Angeles hotspots, the area’s geographic proximity to everything is a large appeal for residents. The area, that has become more gentrified over the years, and has welcomed trendy coffee shops, hotels, restaurants, and shops.

With a population of 55,016 according to the L.A. Department of City Planning’s estimates in 2008, Mid-City has one of the highest densities in the city of Los Angeles. Due to the dense population, there are many housing units in this area, mainly comprised of low-rise apartment buildings and single-family homes. Nestled amongst the residential streets are popular streets, such as Pico Boulevard, that are lined with different dining options from restaurants to cafés to bakeries.

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©2019 WESTMAC Commercial Brokerage Company. All Rights Reserved. WESTMAC Commercial Brokerage fully supports the principles of the Equal Opportunity Act. WESTMAC Commercial BrokerageCompany and the WESTMAC Commercial Brokerage Company logo are registered service marks owned by WESTMAC Commercial Brokerage Company and may not be reproduced by any means or in anyform whatsoever without written permission. This statement with the information it contains is given with the understanding that all negotiations relating to the purchase, renting, or leasing of the propertydescribed above shall be conducted through this office. The above information should not be relied upon, and recipients of this brochure are strongly encouraged and advised to conduct their owncomprehensive review and analysis of the Property. The text of this publication, or any part thereof, may not be reproduced or transmitted in any form or by any means, electronic or mechanical, includingphotocopying, recording, storage in an information retrieval system, or otherwise, without prior permission.

C o n t a c t I n f o r m a t i o n

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Alexander Sachs

Brian Peterson