| CREOP

Calla Commercial is pleased to present this unique opportunity to acquire a commercial parcel for a potential future mixed-use re-development. The parcel is adjacent to the southwest corner of Venice Boulevard and La Brea Avenue. La Brea Avenue is a major thoroughfare with high traffic counts and is one of the best known avenues in Los Angeles. The site is within close proximity to Mid-Wilshire, Culver City, Koreatown, West Hollywood, Beverly Hills, and Downtown Los Angeles. The city of Los Angeles continues to flourish as one of the top development hubs in the nation, with a significant wave of investments migrating to the location of mention. A major ~1.3 acres development project by CIM Group recently went underway just two blocks north on La Brea Avenue and San Vicente Boulevard. The ~70,000 SF shopping center is planned to be occupied by Target, Sprouts Farmers Market and other retailers. The property has been in the same family ownership for the past 40 plus years. Owner is currently operating his "La Brea Liquor Store" business on-site. La Brea Liquor store has been operating under the same family ownership since 1977. Business value includes the liquor license (off sale 21 type) and is included in the property sale.