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5730 W. Manchester Avenue \\ Los Angeles, CA 90045 MARK JENSEN \\ CHIEF OPERATIONS OFFICER 562.208.7500 | [email protected]

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Page 1: Los Angeles, CA 90045 - LoopNet

11

5730 W. Manchester Avenue \\ Los Angeles, CA 90045

MARK JENSEN \\ CHIEF OPERATIONS OFFICER562.208.7500 | [email protected]

Page 2: Los Angeles, CA 90045 - LoopNet

NRECOMMERCIAL

The material contained in this document is confidential, furnished solely for the purpose of

considering investment in the property described therein and is not to be copied and/or used

for any purpose or made available to any other person without the express written consent of

NRECommercial. In accepting this, the recipient agrees to keep all material contained herein

confidential. This information package has been prepared to provide summary information to

prospective buyers and to establish a preliminary level of interest in the property described herein.

It does not, however, purport to present all material information regarding the subject property,

and it is not a substitute for a thorough due diligence investigation. NRECommercial and Seller

have not made any investigation of the actual property, the tenants, the operating history, financial

reports, leases, square footage, age or any other aspect of the property, including but not limited

to any potential environmental problems that may exist and make no warranty or representation

whatsoever concerning these issues. The information contained in this informational package has

been obtained from sources we believe to be reliable; however, NRECommercial and Seller have

not conducted any investigation regarding these matters and make no warranty or representation

whatsoever regarding the accuracy or completeness of the information provided. Any pro formas,

projections, opinions, assumptions or estimates used are for example only and do not necessarily

represent the current or future performance of the property.

DISCLAIMERExclusively Listed by: NRE Commercial

Mark Jensen | COODirect \\ 562.208.7500Mobile \\ 562.208.7500Email \\ [email protected] \\ 01739865

4401 Atlantic Ave. Ste 100Long Beach, CA 90807NRECommercial.com

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NRECOMMERCIAL TABLE OF CONTENTS

06PHOTOS

10EXECUTIVE SUMMARY

12AERIAL

14SALES COMPARABLES

08FLOOR PLANS

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PHOTOS5730 W. MANCHESTER

NRECOMMERCIAL

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FLOOR PLANS5730 W. MANCHESTER

NRECOMMERCIAL

Page 9: Los Angeles, CA 90045 - LoopNet

9MARK JENSEN \\ CHIEF OPERATIONS OFFICER \\ 562.208.7500 \\ [email protected]

NRECOMMERCIAL FLOOR PLANS

Page 10: Los Angeles, CA 90045 - LoopNet

EXECUTIVE SUMMARY5730 W. MANCHESTER

NRECOMMERCIAL

Page 11: Los Angeles, CA 90045 - LoopNet

11MARK JENSEN \\ CHIEF OPERATIONS OFFICER \\ 562.208.7500 \\ [email protected]

Walk score of 83 - Most errands can be accomplished on foot.

Building in a fenced lot under video surveillance.

New exterior paint and wi-fi connectivity.Central AC/Heating

NRECOMMERCIAL EXECUTIVE SUMMARY

PROPERTY SUMMARYType: Office

Year Built: 1961

Parking: 22 Unassigned Spaces

Floor: 2nd/Top Level

Available Rentable Sqft: 3,256 SF

Total Rentable Sqft: 6,784 SF

Lot Size: 10,002 SF

Rental Terms: 3-5 Years

Price/Sqft: $1.75

Increases: 3% Annual

TI Credits: Negotiable

Roof Structure: Flat

In close proximity tothe the LAX and New

Rams Stadium

There are a total of 22+ parking spaces combined.

The intersection of Manchester and Portal has a traffic count of over 38,000

Vehicles Per Day.

Page 12: Los Angeles, CA 90045 - LoopNet

AERIAL5730 W. MANCHESTER

NRECOMMERCIAL

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Page 14: Los Angeles, CA 90045 - LoopNet

SALES COMPARABLES5730 W. MANCHESTER

NRECOMMERCIAL

Page 15: Los Angeles, CA 90045 - LoopNet

15MARK JENSEN \\ CHIEF OPERATIONS OFFICER \\ 562.208.7500 \\ [email protected]

NRECOMMERCIAL SALES COMPARABLES

Disclaimer: This Information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

COMP #1: 317 S Isis Ave COMP #2: 8901 S La Cienaga Blvd COMP #3: 1100 E 7th St COMP #4: 1100 E 7th St

Address: 317 S Isis Ave

City, State, Zip: Inglewood, CA 90301

County: Los Angeles

Submarket: Inglewood Ind

Type: Class B Flex

Year Built: 1985

RBA: 14,600 SF

Floors: 2

Typical Floor: 7,300 SF

AVAILABILITY

Min Divisible: 625 SF

Max Contiguous: 1,240 SF

Total Available: 2,550 SF

Asking Rent: $1.85/MG

EXPENSES PER SF

Taxes: $3.55 (2018)

Address: 8901 S La Cienaga Blvd

City, State, Zip: Inglewood, CA 90301

County: Los Angeles

Submarket: LAX

Type: Class C Office

Year Built: 1981

RBA: 18,905 SF

Floors: 2

Typical Floor: 9,450 SF

AVAILABILITY

Min Divisible: 1,000 SF

Max Contiguous: 1,000 SF

Total Available: 1,000 SF

Asking Rent: $1.89/FS

EXPENSES PER SF

Taxes: $1.97 (2018)

Address: 8616 La Tijera Blvd

City, State, Zip: Los Angeles, CA 90045

County: Los Angeles

Submarket: LAX

Type: Class B Office

Year Built: 1964

RBA: 45,489 SF

Floors: 5

Typical Floor: 9,653 SF

AVAILABILITY

Min Divisible: 164 SF

Max Contiguous: 1,015 SF

Total Available: 2,771 SF

Asking Rent: $2.50/FS

EXPENSES PER SF

Taxes: $0.22 (2011)

Address: 606 W Manchester Ave

City, State, Zip: Los Angeles, CA 90045

County: Los Angeles

Submarket: LAX

Type: Class B Office

Year Built: 1962

RBA: 21,924 SF

Floors: 3

Typical Floor: 6,375 SF

AVAILABILITY

Min Divisible: 380 SF

Max Contiguous: 1,269 SF

Total Available: 3,608 SF

Asking Rent: $2.00-2.42/FS

EXPENSES PER SF

Taxes: $1.05 (2018)

Page 16: Los Angeles, CA 90045 - LoopNet

MARK JENSEN \\ CHIEF OPERATIONS OFFICER \\ 562.208.7500 \\ [email protected]

NRECOMMERCIAL SALES COMPARABLES

# Address Class Asking Rent RBA Total Available Typical Floor Taxes/SF Year Built

1 317 S Isis Ave B Flex $1.85 14,600 SF 2,550 SF 7,300 SF -$3.55 (2018) 1985

2 8901 S La Cienaga C Office $1.89 18,905 SF 1,000 SF 9,450 SF -$1.97 (2018) 1981

3 8616 La Tijera B Office $2.50 45,489 SF 2,771 SF 9,653 SF -$0.22 (2011) 1964

4 6060 W Manchester B Office $2.00-2.42 21,924 SF 3,608 SF 6,375 SF -$1.05 (2018) 1962

Total/Avg. $2.12 25,230 SF 2,482 SF 8,195 SF -$1.70 1973

5730 W Manchester C Office $1.75 6,784 SF 6,784 SF 6,784 SF -$2.44 (2018) 1961

Page 17: Los Angeles, CA 90045 - LoopNet

17MARK JENSEN \\ CHIEF OPERATIONS OFFICER \\ 562.208.7500 \\ [email protected]

4401 Atlantic Ave. Ste 100  Long Beach, CA 90807

Direct \\ 562.208.7500Mobile \\ 562.208.7500DRE \\ 01739865

NRECommercial.com

NRECOMMERCIAL