I N V E S T M E N T S U M M A R YL O S A N G E L E S , C A L I F O R N I A

L O S A N G E L E S , C A L I F O R N I A

Patrick InglisT +1 213 239 6143patrick.inglis@am.jll.comCA Lic. # 01820680

Javier RiveraT +1 213 239 6213javier.rivera@am.jll.comCA Lic. #01875535

Gina PfingstonT +1 213 239 6037gina.pfingston@am.jll.comCA Lic. #01976403

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I N V E S T M E N T S U M M A R Y

T H E O P P O R T U N I T Y

JLL, as exclusive agent, is pleased to present 1201 West Huntley (“the Site”), a transit-oriented Downtown Los Angeles development site totaling 0.58 acres with flexible zoning permitting a 7.5:1 FAR. Exceptionally located in the Central City West neighborhood near the interchange of the 101 and 110 Freeways, the Site represents a unique development opportunity directly adjacent to Downtown Los Angeles’ unparalleled, world-class amenity package. Further, 1201 West Huntley offers investors the opportunity to acquire a transit-oriented development site a short walk from the core of Downtown Los Angeles and directly in the path of its westward growth.

Characteristics Urban, Transit-Oriented

Address 1201 West Huntley Drive, Los Angeles, 90026

Neighborhood Central City West

APN

5152-020-030

5152-020-031

5152-020-038

Total Land Area 1 25,229 SF / 0.58 Acres

Zoning RC5 (CW) - U/7.5

FAR 2 7.5:1

Maximum Developable SF +/- 189,218

1 Los Angeles County Off ice of the Assessor 2 Ci ty of Los Angeles Department of Ci ty Planning

D E V E L O P M E N T H I G H L I G H T S

�� Unlimited zoning opportunity permitting residential, commercial, mixed-use, retail and hospitality

�� By-right approximately +/- 189,218 developable square feet

�� 0.58 acres

�� 7.5:1 FAR

L O C A T I O N H I G H L I G H T S

�� Superior transit-oriented location with easy access to 101 & 110 Freeways and a short walk from future 2nd/Hope Metro station

�� Exceptional infill location in Downtown Los Angeles’ direct path of westward growth

�� Walking distance to many of Downtown’s best cultural and entertainment amenities

�� High profile site with freeway visibility and prominent location adjacent to 2nd St.

�� Live/Work/Play environment

�� $19 billion of investment made in DTLA since 1999

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D E V E L O P M E N T D E S C R I P T I O N

1201 West Hunt ley is located in-between West 2nd and 3rd Street just west of the 110 Freeway in Downtown Los Angeles. The Property is a short walk to the core of downtown and of fers unparal le led accessibi l i ty by v ir tue of i ts c lose proximity to major thoroughfare and transportat ion infrastructure as wel l as the 3rd and 4th street br idges.

The Site represents a unique development opportunity minutes from the urban renaissance current ly unfolding in Downtown Los Angeles. Further, the strategic locat ion in the revi ta l ized Central Ci ty West distr ict posi t ions the Si te in the direct path of Downtown Los Angeles’ growth.

Site Zoning and Planning Analysis

The Site is governed by the Central Ci ty West (CW) Specif ic Plan and is located within the Crown Hi l l Distr ict . Per the Central Ci ty West Specif ic Plan, the Property is zoned RC5 (CW) (Mult ip le Resident ia l/ Commercial Category) , a l lowing for R5 and C2 uses per the Los Angeles Municipal Code. Any project constructed on a lot within the RC5 (CW) category shal l be Mixed-Use. Buyer to ver i fy zoning and al lowable units with the ci ty.

Permitted Uses: Residential, Office, Retail , Hospitality, and Commercial

�� 0.58 Acres

�� Unlimited height

�� 7.5:1 FAR

�� Minimum Lot Size: 5,000 sf

�� Minimum Lot Area / Unit: 200 sf

�� +/- 189,218 developable sf - approximately 126 units before potential density bonus

�� Any project constructed shall be mixed-use (combining commercial & residential)

�� Additional Residential Density Permitted: +25% equivalent to approximately 31 units for a potential 157 unit development

�� The base permitted residential density on a receiver site may be increased to a maximum of 125% of the density otherwise permitted by the CW Specific Plan through the transfer of Unused Permitted Residential Density from a Donor Site, pursuant to Section 7 of Specific Plan

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Over $19 bil l ion has been invested in

Downtown Los Angeles s ince 1999

DTLA’s populat ion has tr ip led, growing an average of 7.9% each year

More than 500,000 weekday employees

Over 10 mill ion annual nonlocal v is i tors

S I N C E 1 9 9 9

62,158 Residentsin Downtown LA

Average Household Income$85,853

Average Income $100K+32% of Households

Median Age36 Years Old

Bachelors Degree +33%

D E M O G R A P H I C S

Downtown Los Angeles has been growing at an increasingly aggressive rate and with this growth comes a shi f t to a more wel l-educated, af f luent and largely younger demographic base. The current resident ia l populat ion is more than 3-t imes what i t was in 1999, growing at an average annual rate of roughly 8%.

Note: Income-related demographics are based on pr imary resident ia l b locks within DTLA.Source: ESRI; JLL Research

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Extremely Low Affordability Index

�� 71% of Los Angeles households cannot afford to purchase a median-priced home

Robust Rent Growth

�� 5.3% DTLA rent growth in 2016

�� 6.4% projected annual Downtown rental growth over the next 3 years

�� 2.6% average annual increase in asking rents since 2007

Competitive Rental Rates

�� $2,469 / $3.17 PSF average rental rates in Central City West

�� Strong and Stable Occupancy

�� 95.8% Central City West Occupancy

“With sub-5.0% vacancy rates going back to the late 1990s, Los Angeles remains a landlord’s market.” – REIS Q1 DTLA Report

“The area is really blowing up right now”- Curbed LA“New 7-story resident ia l project planned just west of Downtown” – 10/31/2016

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Blue continues alongcurrent Gold Lineroute to Pasadena

Blue continues alongcurrent route

to Long Beach

Gold continues along current

route to East LA

Gold continues along current Expo

Line route to Santa Monica

1st St

6th St4th St

Broadway

8th St

Temple St

3rd St

Alva

rado

St

5th St

7th St

Main StFig

ueroa S

t

Grand Ave

Sunset Blvd

Mission Rd

Alam

eda

St

9th StPico Blvd

Olympic Blvd

Daly

St

Wilshire Blvd

Beverly Blvd

Cesar E Chavez Ave

Glendale Blvd

Spring St

Cent

ral A

ve

2nd St

Academy Rd

Stadium W

ay

Venice Blvd

San

Pedr

o St

Pasa

dena

Ave

Ram

part

Blvd

Sant

a Fe

Ave

Alpine St

Silver Lake Blvd

Vignes St

Hill St

Scott Ave

Soto

St

4th Pl

Cent

er S

t

8th Pl

Kearney St

Elysian Park Ave

James M Wood Blvd

Hollywood Fwy

Figueroa St

Ram

part

Blvd

Main St

4th St3rd St

Sprin

g St

Stad

ium

Way

Los Angeles

KOREATOWN

SILVERLAKE

ECHO PARK

CHINATOWN

ARTS DISTRICT

FINANCIAL DISTRICT

BUNKER HILL

SOUTH PARK

110

110

10

5

101

101

101

1

2

3

4

5

6

7

10

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9

7

2

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M 7th St - Metro Center

Wilshire Grand

M

Little TokyoArts District

1st StreetCentral

2nd StreetBroadway

PershingSquare

Civic CenterGrand Park

2nd StreetHope

A M E N I T I E S1 Dodger Stadium

2 Walt Disney Concert Hall

3 The Bloc Shopping Mall

4 Broadway Theatre District

5 FIG@7th

6 L.A. Live and Staples Center

7 Bob Baker Marionette Theatre

A C C L A I M E D C E N T R A L C I T Y W E S T R E S T A U R A N T SRestaurants

1 La Parri l la

2 Pacif ic Dining Car

3 Gus’s Drive In

4 Bernie’s

5 Plan Check Kitchen + Bar

6 The Sandwich Joint

7 333 Live

8 Langer’s Delicatessen

9 Tribal Café

10 The Starving Actor

Existing Metro Rail & Station

Regional Connector & Station(under construction)

Metro Silver Line & Station

Patrick InglisT +1 213 239 6143patrick.inglis@am.jll.comCA Lic. # 01820680

Javier RiveraT +1 213 239 6213javier.rivera@am.jll.comCA Lic. #01875535

Gina PfingstonT +1 213 239 6037gina.pfingston@am.jll.comCA Lic. #01976403