1728-1738 WEST 7 TH STREET LOS ANGELES, CA 90017 ELAN KERMANI elan@alfredrealty.com 310.749.0140
1728-1738 W 7TH ST TABLE OF CONTENTS Executive Summary 3 LA Map 4 Neighborhood Map 5 Neighborhood 6 Neighborhood Developments 8 Site Plan 12 Floor Plans 13 Contact 18
1728-1738 W 7TH ST EXECUTIVE SUMMARY Unique opportunity to participate in a food and alcoholcentric destination in the Westlake area between Koreatown and Downtown LA only only about 1 2 mile from the new Wilshire Grand Hotel and 1 mile from the Staples Center. Ownership has secured master land use entitlements to allow various food and beverage outlets including a full line of alcoholic beverages amongst the entire project. Thriving area, with a number of new apartment developments in walking distance. Ownership has invested approximately $2 million in the building including ADA access, fire sprinklers, new electric service, new plumbing, new roof, new sewer and seismic upgrades. 3
Beverly Hills West Hollywood Hollywood Echo Park Chinatown Miracle Mile Koreatown 1738 W 7th St Downtown 1728-1738 W 7TH ST LA MAP 4
8th st << the macarthur park plaza hotel carondelet House macarthur park westlake/ macarthur park metro station los angeles medical center alvarado st mid-city bbq las delicias bakery wilshire blvd pacific dining car burlington ave 1738 W 7th St hotel solaire 7th street good samaritan hospital plan check el baron centro america union ave Mayfair Hotel loyola law school 110 freeway 3rd & fig la live the standard << hotel notable establishment recreation/transportation restaurant 1728-1738 W 7TH ST NEIGHBORHOOD MAP 5
1728-1738 W 7TH ST 1728-1738 W 7TH ST NEIGHBORHOOD 6
Langer s Deli; The MacArthur (Park Plaza Hotel); Teragram Ballroom; Westlake Theatre; Westlake Neighborhood; MacArthur Park 1728-1738 W 7TH ST NEIGHBORHOOD 7
A 1247 W. 7th Street B 1930 W. Wilshire Blvd. / Lake on Wilshire C 2005 W. James M. Wood Boulevard D 1331 W 7th St / Seven West Apartments E 1501 Wilshire Blvd / Wilshire Valencia F 2230 W 6th St / MacArthur Park G 2929 W Leeward Ave / Leeward Plaza H 668 S. Coronado Street I 2525 Wilshire Boulevard / Zinc Apartments J 1322 W. Maryland Street K 2972 W. 7th Street park/recreation residential mixed use 1728-1738 7th 1728-1738 W 7TH ST NEIGHBORHOOD DEVELOPMENTS 8
A B C D E 1247 W. 7th Street, Los Angeles 90017 Lake on Wilshire 1930 W. Wilshire Blvd, Los Angeles, 90057 2005 W. James M. Wood Boulevard, Los Angeles, 90057 Seven West Apt 1331 W 7th St, Los Angeles, CA 90017 Wilshire Valencia 1501 Wilshire Blvd Mixed Use Mixed Use Mixed Use Mixed Use Mixed Use Proposed Proposed Proposed Completed Completed 28 story glass-clad tower. 304 residential units above and a parking garage 41 story, 479 rental units, 220 room hotel, 6 story, 100 room hotel 87 rental units 218 rental units 5,700 SF of ground floor retail Includes a grand 850 seat theatre ground floor retail 4,400 SF of ground floor retail space Developer: Lifan Group Architects: Archeon Group Developer: Infinitely Group. Developer: Canfield Development Developer: Sonny Astani, Sold for ~$80M in July 2017 1728-1738 W 7TH ST NEIGHBORHOOD DEVELOPMENTS 9
F G H I Macarthur Park 2230 W 6th St, Los Angeles, CA 90057 Leeward Plaza 2929 W Leeward Ave, Los Angeles 90005 Hartford Avenue, 5th and Witmer Streets 668 S. Coronado Street, Los Angeles, CA 90057 Zinc Apartments 2525 Wilshire Boulevard Park/Recreation Residential Residential Residential Mixed Use Proposed Proposed Proposed Proposed Under Construction $20 million of MacArthur Park to include boathouses and concessions 5 story building with 80 rental units 8 story, 174,000 SF building with 218 rental units 122 unit apartment complex 152 rental units, approx. 7,500 SF of ground floor retail space Developed by the City of Los Angeles Developer: Urban View Investments LLC Developer:Jamison Services Developer: Somerset Group 1728-1738 W 7TH ST NEIGHBORHOOD DEVELOPMENTS 10
Over 2,500 residential units are in various stages of the entitlement process, under development, or are newly completed in addition to approximately 463 hotel rooms J K 1322 W. Maryland Street 2972 W. 7th Street Bixel Towers Intersection of Bixel and Ingraham Streets and approximately 25,000 square feet of retail/restaurant. Mixed Use Residential Mixed Use Proposed Proposed Proposed 47 rental units above 760 SF of retail space Six story building featuring 180 units and 15,000 SF of ground floor commercial use space 36 story tower with 422 residential units and commercial space. 7 story hotel with 126 rooms Developer: Career Lofts-LA, LLC 1728-1738 W 7TH ST NEIGHBORHOOD DEVELOPMENTS 11
COMMON CORRIDOR SIDEWALK UNIT B OUTDOOR PATIO ALLEY ALLEY UNIT F 2,080 S.F. TYPE 47 UNIT E * 2,715 S.F. + 1,770 S.F. PATIO TYPE 47 UNIT D * 1,525 S.F. TYPE 47 UNIT C * 1,525 S.F. TYPE 47 UNIT A ± 3,500 S.F. TYPE 48 BURLINGTON AVE 148' SIDEWALK 7TH STREET * Units C, D, E can be contiguous ± Unit A is contiguous with units C, D, E with varying entitlements 1728-1738 W 7TH ST SITE PLAN 12
RESTROOM 51 S.F. RESTROOM 51 S.F. WALK-IN COOLER 59 S.F. STAIRS UP RAMP DOWN WASH 80 S.F. 75 74 PREP 217 S.F. RESTROOM 61 S.F. 73 STORAGE UNIT A 1738 W. 7TH ST RESTROOM 58 S.F. 7' 72 71 70 56 55 54 53 52 Type of Use: Bar 57 58 9'-8" 51 50 81'-2" Alcohol License: Type 48 Type of Alcohol: Full line STAGE 160 S.F. 22'-9" DANCE AREA 360 S.F. 72 OCCUPANTS 59 60 61 62 63 STANDING AREA 245 S.F. 49 OCCUPANTS 26'-9" 49 48 47 46 45 28'-5" SERVICE BAR Hours of Operation: 5pm-2am Monday to Friday 64 65 44 43 12 noon to 2am Saturday and Sunday 66 67 42 41 Total Area: 3,500 SF approx. Live Entertainment, Patron Dancing, Arcade 38 35 32 37 34 36 33 4'-5" SEATING AREA 335 S.F. 13'-2" 68 69 40 39 13 11 9 7 FLOOR SCALE 1/4" games: 2 skee-ball machines 30 31 26 27 28 25 29 24 23 22 SKEEBALL MACHINES 51 S.F. 21 20 RAMP DOWN 19 18 14 15 17 16 12 10 SEATING AREA 370 S.F. ENTRANCE FROM 7TH STREET 5 8 4 2 6 3 1 PROJEC TYPE OF ALCOHO TYPE OF HOURS O TOTAL A TOTAL S PATRON LIVE ENT PATRON HAPPY H ARCADE 44'-1" PROPOSED FLOOR PLAN 13
21'-2" MEN'S RESTROOM 61 S.F. WOMEN'S RESTROOM 58 S.F. E L WASH 87 S.F. UNIT C 1734 W. 7TH ST 22'-7" PREP 46 S.F. KITCHEN 185 S.F. 82'-2" Type of Use: Restaurant 34 32 41 40 SERVICE COUNTER Alcohol License: Type 47 Type of Alcohol: Full line 33 30 29 31 28 27 39 38 37 36 35 11'-4" Hours of Operation: 7am to 2am daily 26 24 Total Area: 1,525 SF approx. 25 23 DINING AREA 594 S.F. 22 21 20 19 18 17 FLOOR PLAN SCALE 1/4" = 1'-0" 6'-5" 16 15 12 11 PROJECT DETAILS: MPA 4-1734 W 7TH "RESTAURANT 4" ENTRY FROM 7TH STREET 11'-6" 14 8 13 7 10 4 9 3 TYPE OF USE : RESTAURANT ALCOHOL LICENSE : TYPE 47 : FULL LINE HOURS OF OPERATION : 7 A.M. TO 2 A.M. DAILY : 1,525 SQ FT TOTAL SEATING : 41 TYPE OF ALCOHOL PROPOSED TOTAL AREA 6 5 2 1 FLOOR PLAN 5'-5" 13'-6" 14
COMMON HALLWAY (NOT A PART) 21'-2" MEN'S RESTROOM 61 S.F. WOMEN'S RESTROOM 58 S.F. WASH 87 S.F. E L UNIT D 1732 W. 7TH ST PREP 46 S.F. KITCHEN 185 S.F. 22'-7" 82'-2" Type of Use: Restaurant SERVICE COUNTER 41 40 39 34 32 Alcohol License: Type 47 11'-4" 38 37 33 30 31 28 Type of Alcohol: Full line 36 35 29 27 Hours of Operation: 7am to 2am daily DINING AREA 594 S.F. 24 26 Total Area: 1,525 SF approx. 18 20 22 23 25 17 16 19 15 21 12 11 6'-5" FLOOR PLAN SCALE 1/4" = 1'-0" ENTRY FROM 7TH STREET 14 8 6 13 7 5 10 4 2 9 3 1 11'-6" TYPE OF USE PROPOSED PROJECT DETAILS: MPA 3-1732 W 7TH "RESTAURANT 3" : RESTAURANT ALCOHOL LICENSE : TYPE 47 TYPE OF ALCOHOL : FULL LINE HOURS OF OPERATION : 7 A.M. TO 2 A.M. DAI TOTAL AREA : 1,525 SQ FT TOTAL SEATING : 41 FLOOR PLAN 13'-6" 5'-5" 15
14'-11" 40'-5" 16' 110 111 114 115 2' COMMON HALLWAY (NOT A PART) 108 109 112 113 4'-6" 9' SERVICE COUNTER 104 105 106 107 2'-6" 100 101 102 103 52 51 50 49 48 47 46 45 44 43 42 41 40 39 38 37 36 35 36'-5" 4' STORAGE 81 S.F. RESTROOM 58 S.F. 4' DANCE AREA WITH SKEE-BALL MACHINES 585 S.F. 117 OCCUPANTS 98 99 97 88 89 87 10' 17'-9" 3'-8" RESTROOM 61 S.F. 96 94 95 93 86 84 85 83 13'-1" SKEE-BALL MACHINES 102 S.F. 10'-3" 4' E L UNIT E 1730 W. 7TH ST 88'-6" 92 91 90 72 71 70 69 68 67 66 65 64 63 62 61 60 59 58 82 OUTDOOR PATIO 1,770 S.F. 115 SEATS 79 78 77 76 75 74 81 80 SERVICE COUNTER STAIRS DOWN STAIRS UP 5' 10' KITCHEN 200 S.F. WASH 130 S.F. WALK-IN COOLER 40 S.F. 8'-3" 57 56 73 3' Type of Use: Restaurant Alcohol License: Type 47 55 54 53 52 51 50 49 48 47 46 39 37 40 38 36 ADJACENT UNIT (NOT A PART) 4' 34 33 32 SERVICE 31 16'-2" 30 29 28 27 45 44 35 34 26 24 22 Type of Alcohol: Full line 43 41 42 33 31 32 25 23 21 19 17 20 18 16 Hours of Operation: 7am to 2am daily Patio hours: Until 10PM, daily 23 21 19 24 22 20 18 17 16 29 27 8 30 28 26 25 9 7 8 7 6 10 9 4 12 11 2 15 DINING AREA 548 S.F. 13 14 ENTRY FROM 7TH STREET FLO SCA Total Area: 2,715 SF approx. (Indoor); 15 13 11 14 12 10 6 4 2 5 3 1 5 3 PR 1,770 SF approx. (Outdoor) Patio TYP ALC TYP HO TO Live Entertainment, Patron Dancing, Arcade PROPOSED FLOOR PLAN TO PAT LIV PAT HA AR games: 4 skee-ball machines 16
PROJECT DET 27'-6" 13' 5'-3" UP HALLWAY (NOT A PART) 140 S.F. WASH 80 S.F. 7'-2" RESTROOM 53 S.F. WOMEN'S RESTROOM 54 S.F. PREP MEN'S RESTROOM 64 S.F. KITCHEN 100 S.F. UNIT F 1724-1728 W. 7TH ST WASH/PREP 62 S.F. SERVICE 22'-4" SERVICE COUNTER 33 34 35 36 37 38 39 40 41 42 58'-2" 32 30 28 26 49 47 45 43 Type of Use: Restaurant Alcohol License: Type 47 Type of Alcohol: Full line 46'-8" 6 5 4 9 10 7 8 31 29 27 DINING AREA 1097 S.F. 25 50 48 46 53 44 51 Hours of Operation: 7am to 2am daily 3 24 22 20 57 55 54 52 Total Area: 2,080 SF approx. 2 ENTRANCE FROM 7TH STREET 23 21 19 58 56 61 59 1 13 14 17 18 65 63 62 60 11 12 15 16 66 64 FLOOR PLA SCALE 1/4" = 1'-0 25'-11" PROPOSED FLOOR PLAN TYPE OF USE ALCOHOL LIC TYPE OF ALC HOURS OF OP TOTAL AREA TOTAL SEATI 17
UNIQUE OPPORTUNITY IN WESTLAKE BETWEEN KOREATOWN AND DOWNTOWN 1728-1738 WEST 7 TH ST LOS ANGELES, CA 90017 ELAN KERMANI VICE PRESIDENT 310.749.0140 elan@alfredrealty.com BRE# 01441510 KYLE JONES SENIOR ASSOCIATE 323.510.7334 kyle@alfredrealty.com BRE# 01993148 659 N Robertson Blvd West Hollywood, CA 90069 alfredrealty.com BRE# 01527092 The information contained herein was obtained from third parties, and the real estate brokers have not independently verified it. Tenants should choose an expert of their choice to inspect the property and verify all information. Real estate brokers are not qualified to act as or select experts with respect to legal, tax, environment, building construction, soils drainage or other such matters.