Executive Summary

• Located in the Highly Sought-After NoHo Arts District
• Significantly Sized Residential Development Opportunity
• Walking Distance to the Metro Red Line
• Easy Access to the Hollywood and Ventura Freeways
• Central Valley Location Within 35 Minutes of Downtown Los Angeles
• 24,000 Average Daily Traffic Count
• ± 17,558 SF Gross Land Area; Corner Location TOC Tier 1
• Prime NoHo Arts District Location APN: 2419-004-023
• North Hollywood Redevelopment District Zoning: C4-1-CA
• Located on Vineland Avenue Just West of Lankershim Boulevard
• Between Magnolia Boulevard & Camarillo Street
• Unique Opportunity to Acquire an Exceptional, Highly Visible
• Location on the Main Thoroughfare of Vineland Avenue
• Current Use: Automotive Tenant, Lease Until March 31, 2023,
• Current Rent is $6,200/Month with a 3% Increase April 1, 2020
• High Walk Score of 90; Near Kaiser Permanente, Retail, and Entertainment
• Billboard: Month-to-Month, Current Rent is $400 Annually