POWER OF ATTORNEY

                       For Executing Forms 3, 4 and 5

KNOW ALL BY THESE PRESENTS, that the undersigned hereby constitutes and
appoints Michael Alvarado as his true and lawful attorney-in-fact to:

     1. execute for and on behalf of the undersigned a Form 3, Form 4 or Form
        5, or any amendment thereto, relating to the securities of Five Point
        Holdings, LLC, in accordance with Section 16(a) of the Securities
        Exchange Act of 1934 and the rules thereunder;

     2. do and perform any and all acts for and on behalf of the undersigned
        which may be necessary or desirable to complete the execution of such
        Form 3, Form 4 or Form 5, or any amendment thereto, and the timely
        filing of such form with the United States Securities and Exchange
        Commission and any other authority; and

     3. take any other action of any type whatsoever in connection with the
        foregoing which, in the opinion of such attorney-in-fact, may be of
        benefit to, in the best interest of, or legally required by, the
        undersigned, it being understood that the documents executed by such
        attorney-in-fact on behalf of the undersigned pursuant to this Power of
        Attorney shall be in such form and shall contain such terms and
        conditions as such attorney-in-fact may approve in his or her
        discretion.

The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and perform all and every act and thing whatsoever requisite,
necessary and proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might
or could do if personally present, with full power of substitution or
revocation, hereby ratifying and confirming all that such attorney-in-fact, or
such attorney-in-fact's substitute or substitutes, shall lawfully do or cause
to be done by virtue of this Power of Attorney and the rights and powers herein
granted. The undersigned acknowledges that each of the foregoing attorneys-in-
fact, in serving in such capacity at the request of the undersigned, is not
assuming any of the undersigned's responsibilities to comply with Section 16 of
the Securities Exchange Act of 1934. This Power of Attorney shall remain in
full force and effect until the undersigned is no longer required to file Forms
3, 4 and 5 with respect to the undersigned's holdings of and transactions in
securities issued by Five Point Holdings, LLC unless earlier revoked by the
undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of February 4, 2022.

                                              /s/ Daniel Hedigan
                                              ------------------------------
                                              Name: Daniel Hedigan