DTLA ARTS DISTRICT PURCHASE OPPORTUNITY · 323.314.7729 mobile [email protected] Lic. 01778125 ... It contains summary information pertaining to the Property ... Barker Block

DTLA ARTS DISTRICT PURCHASE OPPORTUNITYLocated on the Rodeo Drive of Downtown Los Angeles Offering Memorandum

441HEWITT

• Prime Arts District Location

• Beautiful Multi-Use Building

• Great for Creative, Office, Retail, Restaurant, Club, Bar, Gallery, Etc.

• Includes Large Parking Lot

• 2-Street Frontage

• Opportunity Zone Location

• Pride of Ownership!

Exclusively offered byMartin S Beck Senior Associate213.222.1202 office323.314.7729 mobile [email protected]. 01778125

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The information contained in this offering material is confidential and furnished solely for the purpose of a review by prospective Buyers of the subject property and is not to be used for any other purpose or made available to any other person without the express written consent of Major Properties. This Brochure was prepared by Major Properties. It contains summary information pertaining to the Property and does not purport to be all-inclusive or to contain all of the information that a prospective Buyer may desire. All information is provided for general reference purposes only and is subject to change. The summaries do not purport to be complete or accurate descriptions of the full documents involved, nor do they constitute a legal analysis of such documents.This information has been secured from sources we believe to be reliable. We make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Recipient of this report must verify the information and bears all risk for any inaccuracies.

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Property HighlightsBuilding Area 8,872± Sq.Ft.

Land Area 14,500± Sq.Ft.

Stories One

Construction CTU

Year Built 1961

Ceiling Height 14'

Power 200 Amps/3-Phase

Loading 2 Ground Level Doors: 9x9; 4 Docks

Parking 12± Surface Spaces

Zoning LA M3

APN 5163-022-020

Note: Also known as 440 Colyton Street

441 S HEWITT STREET, LOS ANGELES, CA 90013

• Pride of ownership purchase opportunity

• Ideal for owner/user or investor

• Premier DTLA Arts District location!

• Many possible uses! Creative, office, retail, restaurant, bar, club, gallery, etc.

• Block-to-block property

• 50' frontage on Hewitt Street 50' frontage on Colyton Street

• Includes large, secure gated parking lot

• Located between 4th Street and 5th Street

• 2–1/2 blocks east of Alameda Street

• Close to Little Tokyo

• Walking Distance to numerous restaurants, bars and art galleries

• Just one building away from Urth Caffé

• Located in qualified Opportunity Zone

Asking Price: $7,300,000 ($822.81 Per SF)

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Exterior Photo

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Interior Photo

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COLYTON STREET

4TH ST

REET

5TH STREET

HEWITT STREET

PALMETTO STREET

MOLINO STREET

JJ

1

2

3

4 5 6 78

9

Hewitt Street Amenities

1 – Honey 2 – Resident 3 – Barker Block Lofts 4 – Tonic Bar 5 – Duello6 – Urth Caffé 7 – Arts District Park 8 – La Kretz Innovation Campus 9 – Lost Spirits Distillary

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Hewitt Street Amenities1 – Honey

2 – Resident

3 – Barker Block Lofts

4 – Tonic Bar

5 – Duello

6 – Urth Caffé

7 – Arts District Park

8 – La Kretz Innovation Campus

9 – Lost Spirits Distillary

Honey, an online coupon company, expanded its operations to the former Coca-Cola building. Occupying 130,000 SF, the fast-growing tech company moved to the Arts District instead of Silicon Beach.

Urth Caffé offers the quintessential Arts District experience. With house brewed coffees, fresh juices and delectable food, Urth Caffé offers all the light cuisine typical of a cafe with an outdoor seating patio in a trendy setting.

Resident is an authentic neighborhood bar boasting an intimate entertainment and live music space along with a lush green, outdoor beer garden. Patrons can also enjoy specialty cocktails, all served from a 1954 Spartan trailer.

Opened in 2016, the half-acre pocket park includes a children’s playground, a mural wall and a bandshell-style shade structure that covers what can serve as a performance area. There are also benches and tables..

Barker Block is a unique living concept in the Arts District. It brings modern design and amenities to an original Angeleno warehouse in the heart of one of the city’s most authentic neighbor-hoods.

La Kretz Innovation Campus is a 60,000 SF creative campus for clean tech start-ups. A hub for entrepreneurs, engineers and policy-makers, the campus includes 3.2 acres full of facilities, offices, con-ference rooms and labs.

Tonic Bar specializes in handcrafted beverages, kombucha, organic cold brew, and hot coffee. Tonic drinks, smoothies and an assortment of organic snacks are also available.

Lost Spirits started as a highly creative and modernist distillery in Monterey County in 2010. In 2017 the new Los An-geles facility opened it's doors. The new re-imagined distillery offers tastings and tours.

The new all-encompassing Duello will be both a bar and restaurant in one, and will be overseen by chef Jason Beber-man, who hails from Empellon in New York City. Cocktails will be overseen by Edinburgh’s Iain McPherson.

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Arts District Office Tenants

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Property Aerial

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Assessor’s Parcel Map

Arts District Attractions

Recent Arts District Developments

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Area Map

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Arts District Demographics

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Downtown Los Angeles Demographics

MAJOR PROPERTIES1200 W Olympic BlvdLos Angeles, CA 90015

Exclusively offered byMartin S Beck Senior Associate213.222.1202 office 323.314.7729 mobile [email protected] CA BRE Lic. # 01778125

Exclusively offered byMartin S BeckSenior Associate213.222.1202 office323.314.7729 mobile [email protected]. 01778125

441 Hewitt StLos Angeles, CA 90013

8,872± Sq.Ft. Building14,500± Sq.Ft. of Land

majorproperties.com