SPACES: Suite 400 – Owner will vacate at close of escrow or stay
SPACES: Suite 400 – Owner will vacate at close of escrow or stay up to 18 months at market rate. nd Entire 2 floor can be delivered vacant Please call or email for price. BUILDING FEATURES: Operable windows Great ease of access to the parking structure Work will begin soon on: New Gensler design façade New ground floor New roof Jim Burnap – LIC. #01020515 BEITLER COMMERCIAL REALTY SERVICES 825 S. Barrington Avenue, Los Angeles, CA 90049 P 310.820.2955 / F 310.820.7224 [email protected] The information above has been obtained from sources deemed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for illustration only and do not represent the current or future performance of the property. You and your advisors should conduct a thorough, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Jim Burnap – LIC. #01020515 BEITLER COMMERCIAL REALTY SERVICES 825 S. Barrington Avenue, Los Angeles, CA 90049 P 310.820.2955 / F 310.820.7224 [email protected] The information above has been obtained from sources deemed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for illustration only and do not represent the current or future performance of the property. You and your advisors should conduct a thorough, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Summary : The building will have a new ground floor lobby with work beginning in January. The building will have a new roof by March, as well as a new fire, life safety system and sprinklers. Landlord has spent over $500,000 for a new Gensler Design façade. The plans are currently getting engineered in order to get permits from the City of Los Angeles. Year Built : Zoning: 1968, renovated in 1998 & 2001 LAC2 Construction: Brick masonry, wood joists, plywood diaphragms supported by wide-flanged steel beams and columns. Parking : 3-story parking structure with 120 spaces (7 tandem) with convenient ingress and egress. Land Area: 0.69 acres. Windows: 2, 3 and 4 floor windows on the north and south side are operable. Electrical: The electrical system was renovated in 1998. The original 1000 A, 277/480 V main switchboard and two house panels were retained. All other distribution panels, transformers and feeders were replaced based on information from the building plans. Each tenant floor contains a 125 A lighting panel at 277/480 V, a 75 KVA transformer and a 225 A panel at 120/208 V as noted on the plans. Plumbing: Los Angeles Department of Water and Power provides the cold water supply. The domestic hot water is supplied by an 82-gallon hot water heater in the lower level. All piping is copper. th 1940 Century Park East is located in Century City, the largest of the West Los Angeles office submarkets consisting of approximately 10 million square feet of office space. Century City is a prominent business community comprised of major industry sectors: legal, financial, entertainment, hospitality, professional services and retail. Some of the most recognizable names in these industries, such as CAA (Creative Artists Agency), JP Morgan Chase, 20th Century Fox, AT&T, Westfield, Houlihan Lokey, Inc. and Goldman Sachs call Century City home. The Property’s location at the intersection of Constellation Avenue and Century Park East offers outstanding visibility along with excellent accessibility to the surrounding areas via the San Diego (405) Freeway to the west and the Santa Monica (10) Freeway to the south. Los Angeles International Airport is located just over 10 miles southwest and executive housing is plentiful, including nearby neighborhoods of Cheviot Hills, Beverly Hills, Bel Air, Pacific Palisades and Brentwood. Century City provides tenants numerous amenities in a fully developed and well defined office market. As a result, Century City commands some of the highest office rents in Southern California. Jim Burnap – LIC. #01020515 BEITLER COMMERCIAL REALTY SERVICES 825 S. Barrington Avenue, Los Angeles, CA 90049 P 310.820.2955 / F 310.820.7224 [email protected] The information above has been obtained from sources deemed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for illustration only and do not represent the current or future performance of the property. You and your advisors should conduct a thorough, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Century City / Beverly Hills Aerial Map Jim Burnap – LIC. #01020515 BEITLER COMMERCIAL REALTY SERVICES 825 S. Barrington Avenue, Los Angeles, CA 90049 P 310.820.2955 / F 310.820.7224 [email protected] The information above has been obtained from sources deemed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for illustration only and do not represent the current or future performance of the property. You and your advisors should conduct a thorough, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
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