5041 Lankershim Blvd.

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire 5041 Lankershim Blvd (“Property”), a 0.62-acre vacant retail center fully entitled for a 148-key hotel redevelopment project. The Property is also a part of City of Los Angeles’ Housing Element and allows by-right multihousing developments. The Property also has existing income through a parking agreement and generates $6,270 monthly. The lease expires on January 2026 but can be terminated after January 22, 2025 with a 6 month notice prior to the termination date.