This document provides information on a real estate investment opportunity involving two contiguous parcels located at 1111 & 1115 North Doheny Drive in West Hollywood and Los Angeles, California. The properties consist of a 12-unit apartment building situated on approximately 0.26 acres of land. This is a rare opportunity, as the properties have not been on the market in over 60 years. The location is highly desirable, within walking distance of upscale shopping and dining on Sunset Strip. The listing agent is seeking $4.3 million for the sale.

1.
Doheny Shoreham Investment
1111 & 1115 North Doheny Drive
West Hollywood & Los Angeles, CA 90069
Doheny Shoreham Investment Property
• Drive By Only – Please do not go on property or disturb tenants
• Two contiguous parcels situated on approximately .26 Acre of land
• First time on the market in over 60 years
• Ideal for Family Compound, Owner/User and or Creative Investor
• Walking distance to the World Class Sunset Strip
• Price: $4,300,000
Seth Polen
Director
sethpolen@kwcommercial.com
213-595-5726
01133279
KW Commercial Pasadena
Phone: 626-204-3300 l Fax: 626-204-3400 l 251 South Lake Avenue, Ste. 150 l Pasadena, CA 91101 l www.kwcommercial.com
SUBJECT

2. PROPERTY PHOTOS
1111 & 1115 North Doheny Drive
West Hollywood & Los Angeles, CA 90069
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to
the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or
withdrawal without notice. No liability of any kind is to be imposed on the broker herein.
Property Photos
p. 2

3. Property
Description
A unique rare opportunity for an Owner/User, Family Compound, or Creative Investor located
just North of Sunset Boulevard and Doheny Drive just outside of the Bird Streets neighborhood,
one of Los Angeles' most exclusive and sought-after enclaves.
The offering is made up of 2 contiguous parcels situated on approximately a quarter acre of land
with the first parcel an 8 Unit apartment building located at 1111 North Doheny Drive, West
Hollywood and the adjacent parcel a 4 Unit at 1115 North Doheny Drive Los Angeles. The 12
Units combined have approximately 5,874 SqFt of gross building area.
The 1111 North Doheny Drive Parcel is zoned WEHO Sunset Strip Plan (WHSSP), with a 45’
height limit. The 1115 North Doheny Parcel is zoned Los Angeles R1 with also a 45’height limit.
The corner location makes the property amenable to many different uses perfect for the creative
investor. The location is world-class, within walking distance to a premier collection of sidewalk
cafes and ultra-exclusive boutique shopping frequented by A-list Hollywood celebrities and the
residents of the hills above and below Sunset Boulevard.
Area Development News:
Historic Sunset Strip keeps up with times By: Bloomberg News August 2014
Investors AECOM Capital, CIM Group and Schrager all have buildings with hotels planned for
the Sunset Strip. The projects are part of a record number of developments along the 1.6-mile
stretch of Sunset Boulevard running through the city of West Hollywood, where hotel
occupancies were among the highest in Los Angeles County last year.
AECOM and developer Combined Properties Inc. are planning 149 hotel rooms, 40 condo units,
and 35,000 SF of retail space for an entertainment venue at the existing House of Blues site. They
are scheduled to start building toward the end of 2015, with construction taking about two and a
half years, said Marianne Lowenthal, executive vice president of development for Washington-
based Combined Properties.
At Sunset and La Cienega Boulevard, CIM Group last year started to raze buildings including the
Tiffany Theater, almost 50 years old at the time and once a filming location for the television
series “77 Sunset Strip.” Replacing them will be a four-building complex that will include a 296
room high-end hotel and two residential towers with shops and restaurants. The hotel will open in
2016, the company said in March.
Schrager and Bethesda, Maryland-based Marriott International Inc. are seeking to build a 148-
room luxury Edition hotel, along with condos and stores, on the southeast corner of Sunset and
Doheny Drive. The group is planning to submit final architectural plans for the site, once home to
the upscale restaurant Scandia, in the next few months, according to Keho of West Hollywood’s
development department. The Sunset Strip developments planned or already being built “easily
amount to $600 million or more,” said Patrick Amos, a senior associate in Beverly Hills at
brokerage CBRE Group Inc. That’s a record for the area, he said.
“This is the most construction activity we’ve seen on the Strip since 1984,” Keho said. “We have
several multistory buildings in the works, and we haven’t seen that for decades.”

4. 1111 and 1115 North Doheny Drive
North of Sunset Strip just off of the Bird Streets
Seth Polen Owner User/Investment Opportunity
(213) 595-5726 Direct
sethpolen@kwcommercial.com
Investment Summary Property Information
Price: $4,300,000 Address: 1111 N. Doheny Dr
West Hollywood, CA 90069
Price/SF Land: $377.69 1115 N. Doheny Dr
Los Angeles, CA 90069
Lot Size (SF): 11,385
Number of Legal Units: 12
Lot Size (Acres): 0.26
Year Built: 1947 & 1948
Existing Building SF: 5,874
Gross Building SqFt (Combined): 5,874
Price/SF Building: $732.04
Lot Size - SqFt/Ac (Combined): 0.26
Map Page: 592-H6
Zoning: 1111 Bldg - LA R1
1115 Bldg - WH SSP
Parcels (2): 5560-034-016 & 5560-034-015
Traffic (Vehicles/Day):
47,966 at Sunset/ N Doheny Dr
Site Description
· First time on the market in over 60 years!
· Unique Corner Property (Doheny and Shoreham - Just North of Sunset)
· Ideal for Family Compound, Owner/User and/or Creative Investor
· Double Lot totaling .26 Acre
· Located in one of the wealthiest neighborhoods in Southern California
Please do not go on the property or disturb the tenancy
We make no representations or warranties as to the possible uses of the site. Buyer to conduct own investigation with the City of West Hollywood
and with the City of Los Angeles.
This site is an excellent opportunity for an owner/user or family compound, just Nouth of Sunset Boulevard near the Bird Streets. The corner location
makes the property amenable to many different uses - perfect for the creative investor. The location is world-class, within walking distance to a rare
collection of sidewalk cafes and ultraexclusive boutique shopping frequented by A-list Hollywood celebrities and the residents of the hills above and
below Sunset Boulevard.
SUNSET BOULEVARD
SHOREHAM DRIVE
DOHENYDRIVE

5. 12 Units
1111 & 1115 N Doheny Drive
West Hollywood and Los Angeles, CA 90069
Seth Polen
(213) 595-5726
s.spolen@gmail.com
Unit No. Unit Type Rent Comment
1111 A Bachelor $794.00
1111 B Bachelor $809.93
1111 C Bachelor $809.93
1111 D Junior 1Bdr 1Bath $955.00 separate bedroom & kitchen
1111 E Bachelor $764.00
1111 F Bachelor $775.00
1111 G Bachelor $755.00
1111 H Junior 1Bdr 1Bath $865.00 separate bedroom
1115 A 1 Bdr 1Bath $1,353.00
1115 B 1 Bdr 1Bath $1,390.00
1115 C 1Bdr 1Bath $1,390.00
1115 D 1 Bdr 1Bath $1,400.00
12 TOTAL $12,060.86
Keller Williams Commercial 251 S Lake Ave Ste 150
(KW Pasadena) Pasadena, CA 91101
Rent Roll

6. MAPS AND AERIALS
1111 & 1115 North Doheny Drive
West Hollywood & Los Angeles, CA 90069
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to
the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or
withdrawal without notice. No liability of any kind is to be imposed on the broker herein.
Maps & Aerials
p. 6

7. MAPS AND AERIALS
1111 & 1115 North Doheny Drive
West Hollywood & Los Angeles, CA 90069
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to
the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or
withdrawal without notice. No liability of any kind is to be imposed on the broker herein.
Maps & Aerials
Bing Aerial Sunset Strip
p. 7

8. 1 1105-1109 Alta Loma Rd SOLD
West Hollywood, CA 90069 Los Angeles County
Sale Date:
– Research Status:
PrFrma Cap Rate:
Sale Price:
Actual Cap Rate:
$339.98
$3,870,000 - Confirmed
11/02/2013 (57 days on mkt) Bldg Type:
Zoning:
Sale Conditions:
Year Built/Age:
GBA:
-
-
Parcel No:
Financing:
5559-001-010
Down payment of $3,870,000 (100.0%)
Confirmed
Class C Multi-FamilyApartments
Built 1948 Age: 65
11,383 SF
R4, West Hollywood
Distress Sale
GRM/GIM: -
# of Units: 11Price/Unit: $351,818
Price/SF:
2896592Comp ID:
Map Page: Thomas Bros. Guide
592-J5
2 1214 N Clark St SOLD
West Hollywood, CA 90069 Los Angeles County
Sale Date:
– Research Status:
PrFrma Cap Rate:
Sale Price:
Actual Cap Rate:
$337.06
$3,800,000 - Confirmed
11/18/2014 Bldg Type:
Zoning:
Sale Conditions:
Year Built/Age:
GBA:
6.10%
4.60%
Parcel No:
Financing:
5560-023-034
Down payment of $1,450,000 (38.2%)
Confirmed
Class C Multi-FamilyApartments
Built 1963 Age: 51
11,274 SF
R4, West Hollywood
Court Appointed Sale
GRM/GIM: 14.20/-
# of Units: 12Price/Unit: $316,667
Price/SF:
3168064Comp ID:
Map Page: Thomas Bros. Guide
592-H5
3 963 N Doheny Dr SOLD
West Hollywood, CA 90069 Los Angeles County
Sale Date:
– Research Status:
PrFrma Cap Rate:
Sale Price:
Actual Cap Rate:
$491.98
$4,600,000 - Confirmed
12/31/2014 Bldg Type:
Zoning:
Sale Conditions:
Year Built/Age:
GBA:
-
3.84%
Parcel No:
Financing:
4340-027-009
$2,630,000 from JP Morgan Chase Bank NA
Confirmed
Class C Multi-FamilyApartments
Built 1937 Age: 77
9,350 SF
R3A
-
GRM/GIM: -
# of Units: 18Price/Unit: $255,556
Price/SF:
3203057Comp ID:
Copyrighted report licensed to KW Commercial - 18370. 3/29/2015
Page 1

9. 4 750 1/2 N Edinburgh Ave SOLD
West Hollywood, CA 90046 Los Angeles County
Sale Date:
– Research Status:
PrFrma Cap Rate:
Sale Price:
$610.90
$2,600,000 - Confirmed
11/21/2014 Bldg Type:
Zoning:
Year Built/Age:
GBA:
-
Parcel No:
Financing:
5527-013-016
Down payment of $1,170,000 (45.0%); $1,430,000 from Xceed Fin'l Cu
Confirmed
Class C Multi-FamilyApartments
Built 1923 Age: 91
4,256 SF
R3-1, Los Angeles
GRM/GIM: -
# of Units: 8Price/Unit: $325,000
Price/SF:
3181713Comp ID:
5 1315 Hayworth Ave SOLD
West Hollywood, CA 90046 Los Angeles County
Sale Date:
– Research Status:
PrFrma Cap Rate:
Sale Price:
$390.11
$4,750,000 - Approximate
07/22/2014 Bldg Type:
Zoning:
Year Built/Age:
GBA:
-
Parcel No:
Financing:
5554-004-006
-
Approximate
Class C Multi-FamilyApartments
Built 1930 Age: 84
12,176 SF
WDR4*
GRM/GIM: -
# of Units: 17Price/Unit: $279,412
Price/SF:
3080562Comp ID:
6 8563-8569 Holloway Dr SOLD
West Hollywood, CA 90069 Los Angeles County
Sale Date:
– Research Status:
PrFrma Cap Rate:
Sale Price:
Actual Cap Rate:
$277.38
$6,200,000 - Confirmed
02/25/2014 Bldg Type:
Zoning:
Sale Conditions:
Year Built/Age:
GBA:
-
4.40%
Parcel No:
Financing:
5559-001-012, 5559-001-013
Down payment of $2,350,000 (37.9%); $3,850,000 from JPMorgan Chase Bank
Confirmed
Class B Multi-FamilyApartments
Built 1948 Age: 66
22,352 SF
R4, West Hollywood
-
GRM/GIM: 13.83/-
# of Units: 24Price/Unit: $258,333
Price/SF:
2972469Comp ID:
Copyrighted report licensed to KW Commercial - 18370. 3/29/2015
Page 2

10. 7 8135 Norton Ave SOLD
West Hollywood, CA 90046 Los Angeles County
Sale Date:
– Research Status:
PrFrma Cap Rate:
Sale Price:
Actual Cap Rate:
$814.51
$6,850,000 - Confirmed
12/05/2014 Bldg Type:
Zoning:
Sale Conditions:
Year Built/Age:
GBA:
-
4.25%
Parcel No:
Financing:
5554-009-016
-
Confirmed
Class C Multi-FamilyApartments
Built 1937 Age: 77
8,410 SF
R4, West Hollywood
-
GRM/GIM: -
# of Units: 6Price/Unit: $1,141,667
Price/SF:
3231109Comp ID:
Map Page: Thomas Bros. Guide
593-A5
8 8135 Norton Ave SOLD
West Hollywood, CA 90046 Los Angeles County
Sale Date:
– Research Status:
PrFrma Cap Rate:
Sale Price:
$630.20
$5,300,000 - Approximate
08/01/2014 Bldg Type:
Zoning:
Year Built/Age:
GBA:
-
Parcel No:
Financing:
5554-009-016
Down payment of $2,300,000 (43.4%); $3,000,000 from First Republic Bk
Approximate
Class C Multi-FamilyApartments
Built 1937 Age: 77
8,410 SF
R4, West Hollywood
GRM/GIM: -
# of Units: 6Price/Unit: $883,333
Price/SF:
3088505Comp ID:
Map Page: Thomas Bros. Guide
593-A5
9 990 Palm Ave - The Palm SOLD
West Hollywood, CA 90069 Los Angeles County
Sale Date:
– Research Status:
PrFrma Cap Rate:
Sale Price:
Actual Cap Rate:
$515.94
$4,725,000 - Confirmed
10/07/2014 (116 days on mkt) Bldg Type:
Zoning:
Sale Conditions:
Year Built/Age:
GBA:
-
4.19%
Parcel No:
Financing:
4339-009-026
Down payment of $1,655,000 (35.0%); $3,070,000 from JPMorgan Chase Bank
Confirmed
Class C Multi-FamilyApartments
Built 1951 Age: 63
9,158 SF
R4
-
GRM/GIM: -
# of Units: 21Price/Unit: $214,773
Price/SF:
3146807Comp ID:
Map Page: Thomas Bros. Guide
592-J6
Copyrighted report licensed to KW Commercial - 18370. 3/29/2015
Page 3

11. 10 8770 Shoreham Dr - Chateau Riviera SOLD
West Hollywood, CA 90069 Los Angeles County
Sale Date:
– Research Status:
PrFrma Cap Rate:
Sale Price:
Actual Cap Rate:
$309.31
$4,300,000 - Confirmed
01/23/2014 Bldg Type:
Zoning:
Sale Conditions:
Year Built/Age:
GBA:
-
3.80%
Parcel No:
Financing:
5559-003-008
-
Confirmed
Class C Multi-FamilyApartments
Built 1954 Age: 60
13,902 SF
R4
-
GRM/GIM: -
# of Units: 13Price/Unit: $330,769
Price/SF:
2947417Comp ID:
Copyrighted report licensed to KW Commercial - 18370. 3/29/2015
Page 4

12. INTROSUMMARY OF COMPARABLE PROPERTIES
Sold Listings
Address Beds Baths YrBlt SqFt List Price Sold Price Sold Date
8748 HOLLOWAY Drive 0/0 1956 2,280 $1,395,000 $1,460,000 6/3/14
9040 PHYLLIS Avenue 0/0 1926 3,056 $1,350,000 $1,465,000 7/10/14
9006 PHYLLIS Avenue 0/0 1946 1,515 $895,000 $905,000 6/30/14
9072 SHOREHAM Drive 0/0 1935 5,368 $2,949,000 $2,900,000 10/30/14
Averages 3,054 $1,647,250 $1,682,500
Pending Listings
Address Beds Baths YrBlt SqFt List Price Sold Price Sold Date
8911 CYNTHIA Street 0/0 1957 14,937 $3,925,000
912 HILLDALE Avenue 0/0 1969 7,829 $3,300,000
Averages 11,383 $3,612,500
Active Listings
Address Beds Baths YrBlt SqFt List Price
Sold
Price
Sold
Date
1007 North SAN VICENTE
Boulevard
0/0 1947 5,739 $4,995,000
1014 Larrabee Street 0/0 2011 10,700 $5,499,999
Averages 8,219 $5,247,500
Seth Polen | KW Commercial | 251 South Lake Avenue, Ste. 150, Pasadena, CA 91101 | Mobile: 213-595-5726 |
s.spolen@gmail.com | CalBRE#: 01133279

13. ANALYSIS
Sold Listings
Number of listings 4
Lowest price $905,000
Average price $1,682,500
Highest price $2,900,000
Avg price per sqft $564
Avg DOM 63
Pending Listings
Number of listings 2
Lowest price $3,300,000
Average price $3,612,500
Highest price $3,925,000
Avg price per sqft $342
Avg DOM 31
Active Listings
Number of listings 2
Lowest price $4,995,000
Average price $5,247,500
Highest price $5,499,999
Avg price per sqft $692
Avg DOM 22
COMPARABLE PROPERTY STATISTICS
Seth Polen | KW Commercial | 251 South Lake Avenue, Ste. 150, Pasadena, CA 91101 | Mobile: 213-595-5726 |
s.spolen@gmail.com | CalBRE#: 01133279

14. INTROMAP OF ALL LISTINGS
MLS # Status Address Price
0 Subject 1111 N Doheny Dr, West Hollywood, CA 90069
1 14730043 S 8748 HOLLOWAY Drive $1,460,000
2 14752861 S 9040 PHYLLIS Avenue $1,465,000
3 14765307 S 9006 PHYLLIS Avenue $905,000
4 14767373 S 9072 SHOREHAM Drive $2,900,000
5 15878123 P 8911 CYNTHIA Street $3,925,000
6 15883845 P 912 HILLDALE Avenue $3,300,000
7 15879421 A 1007 North SAN VICENTE Boulevard $4,995,000
8 PW15061045 A 1014 Larrabee Street $5,499,999
Status: S = Closed Sale, P = Pending Sale, A = Active
Seth Polen | KW Commercial | 251 South Lake Avenue, Ste. 150, Pasadena, CA 91101 | Mobile: 213-595-5726 |
s.spolen@gmail.com | CalBRE#: 01133279