$2,700,000 Eight-unit apartment building in the heart of Koreatown High-end, turnkey renovation completed in 2020 13.0 current gross rent multiplier | 5.31% current capitalization rate 3148 James M. Wood Blvd Los Angeles, California 90006 Copyright © 2021 Transwestern. California Table of Contents Brokerage License #01263636. The information in this offering memorandum was gathered 3 Investment Summary 15 Financial Summary by Transwestern from sources believed reliable. Transwestern has not verified the ▪ The Opportunity ▪ Pricing, Property and Operating information and makes no guarantee, warranty ▪ Property Description Statement Summary or representation about it. It is the potential ▪ Exterior and Interior Photos ▪ Rent Roll buyer’s responsibility to independently confirm ▪ Aerial Photos ▪ Sales Comparables its accuracy and completeness. Any projections, ▪ Sales Comparables Map opinions, assumptions or estimates used are 11 Market Overview ▪ Rent Comparables for example only and do not represent the ▪ Apartment Market Overview ▪ Rent Comparables Map current or future performance of the property. ▪ Major Employers and Places of Interest Potential buyers and their advisors should ▪ Nearby Developments conduct a careful, independent investigation of ▪ Demographics the property to determine to their satisfaction the suitability of the property for their needs. Josh Kaplan John Swartz Troy Lucero Transwestern Real Estate Services Managing Director Managing Director Senior Associate 601 S. Figueroa St, Suite 3650 213.430.2538 213.430.2526 213.457.1656 Los Angeles, CA 90017
[email protected] [email protected] [email protected] 213.624.5700 CA Lic 01934177 CA Lic 01873487 CA Lic 02015701 transwestern.com Investment Summary Transwestern as the exclusive listing agent is pleased to present the opportunity to acquire 3148 James M Wood Blvd., Los Angeles, California 90006, an eight-unit turn-key apartment building completely renovated with high-end modern finishes in 2020.