VENICE PACIFIC OCEAN MALIBU
Santa Monica Airport SANTA MONICA
SANTA MONICA BLVD WEST LOS ANGELES
CORINTH AVE 11305 SANTA MONICA BLVD.
SAWTELLE BLVD OHIO AVE OHIO
Mixed-Use Development Site ±0.35 Acres of Land Potential to Build Up To NWC of Santa Monica and Sawtelle Blvds. ±66 Residential Units and TOC Tier 3 ±8,500 SF of Retail Space
11305 SANTA MONICA BLVD www.11305SantaMonica.com LOS ANGELES, CA HOLLYWOOD CENTURY CITY WEST HOLLYWOOD
WESTWOOD DOWNTOWN LOS ANGELES
BEVERLY HILLS
SAWTELLE BLVD 11305 SANTA MONICA BLVD.
CORINTH AVE
SANTA MONICA BLVD
OHIO AVE PURDUE AVE
2 11305 SANTA MONICA BLVD., LOS ANGELES CULVER CITY MAR VISTA MARINA DEL REY
WESTWOOD GATEWAY PURDUE AVE WEST LOS ANGELES NEBRASKA AVE
IOWA AVE
SANTA MONICA BLVD
SAWTELLE BLVD
CORINTH AVE
11305 SANTA MONICA BLVD. Beverly Hills
11305 SANTA MONICA BLVD.
PACIFIC OCEAN
Los Angeles 4 International Airport LOCAL RETAIL MAP
11305 SANTA MONICA BLVD.
Retail Future Retail
© 2020 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced.
Layout ID:L04 MapId:7154505
5 11305 SANTA MONICA BLVD., LOS ANGELES
© 2020 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced.
Layout ID:L04 MapId:7154505
© 2020 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced.
Layout ID:L04 MapId:7130433 © 2020 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced.
Layout ID:L04 MapId:7130433 EXECUTIVE AREA RENT AND SALES SUMMARY OVERVIEW COMPARABLES 1 2 3 www.11305SantaMonica.com
SANTA MONICA BLVD
SAWTELLE BLVD
LAURIE LUSTIG-BOWER KAMRAN PAYDAR Executive Vice President Vice President Lic. 00979360 Lic. 01476551 +1 310 550 2556 +1 310 550 2529 [email protected] [email protected]
6 11305 SANTA MONICA BLVD.
11305 SANTA MONICA BLVD LOS ANGELES, CA
1.EXECUTIVE SUMMARY THE OPPORTUNITY
CBRE, Inc., as exclusive agent is pleased to present for sale a ±0.35- Key employment centers are located in the immediate neighborhood or within acre infill multifamily mixed-use redevelopment site with the potential short commuting distance including: to build up to ±66 units and ±8,500 square feet of commercial space Wilshire Boulevard Beverly Hills in highly desirable West Los Angeles, California. Brentwood Culver City Westwood Gateway Santa Monica Located west of Interstate 405 at 11305 Santa Monica Boulevard, UCLA Silicon Beach the Property is zoned C2-1VL and is a designated Transit Oriented Century City Playa del Rey Community (TOC) Tier 3 site.
The Property is highly visible with ±147 feet of frontage along highly The immediate neighborhood contains a wide array of daily needs shopping and trafficked Santa Monica Boulevard and ±91 feet of frontage along service businesses, including restaurants, a recently opened Target, and a planned Sawtelle Boulevard, and boasts an outstanding WalkScore of 94 out of Whole Foods Market. 100, a “Walker’s Paradise.” Current improvements on the Property consist of a gas station whose fuel contract and lease are cancelable at any time. 11305 Santa Monica Boulevard is proximate to: • An abundance of retail, shopping and entertainment An “Underground Storage Tank Case Closure” letter from the California Regional amenities Water Quality Control Board and a Phase I environmental investigation report • Numerous key employment centers recommending “no further investigation” are posted in the data room via • Two Metro Expo Line stations www.11305SantaMonica.com • Easy access to ocean front and hiking trail recreation The Property is a rare opportunity to build in-demand residential units in one of West Los Angeles is an ideal location to live, work, and play. Southern California’s premier communities.
Education and income demographics in the immediate area are 11305 Santa Monica Boulevard is being marketed on an unpriced basis. exceptional: 69% of the population has a Bachelor’s or Master’s/Professional/Doctorate Degree and 2024 projected household income of $148,225.
Local shopping and dining options include Sawtelle Boulevard’s bustling Japantown, Brentwood’s upscale San Vicente Boulevard eateries, Wilshire and Santa Monica Boulevard commercial districts, Westwood, Beverly Hills and Century City.
8 11305 SANTA MONICA BLVD., LOS ANGELES LOCATION HIGHLIGHTS
• Excellent West Los Angeles Location • Outstanding WalkScore of 94 out of 100, a “Walker’s Paradise.” • Development supported by strong multifamily demand drivers • Designated Transit Oriented Tier (TOC) 3
• Abundance of Local Restaurant and Retail Amenities: Dozens of restaurants Sawtelle Blvd. Japantown Westwood Boulevard and Westwood Village Brentwood / San Vicente Boulevard Minutes to Century City, Beverly Hills, and Santa Monica
• Key Employment Centers are Adjacent or Nearby:
Wilshire Boulevard Westwood / UCLA Beverly Hills Santa Monica South Bay Century City Brentwood Playa del Rey Culver City LOCATION HIGHLIGHTS (Continued)
• Exceptional Demographics 2024 projected household income of $148,225 • Close to Two Metro Expo Line Stations: Expo / Sepulveda and Expo/ Bundy Access to Santa Monica Pier, Downtown Los Angeles and points in between
• Enjoyment of Local Cultural Amenities Getty Center Hammer Museum, Westwood The Broad Stage, Santa Monica (Performing Arts) Wallis Annenberg Center for Performing Arts, Beverly Hills Geffen Playhouse, Westwood The Actors’ Gang, Culver City
• Abundant and Beautiful Recreation Minutes to ocean and beachfront Hiking trails Neighborhood parks and recreation centers
10 PROPERTY INFORMATION
11305 Santa Monica Blvd. Property Address Los Angeles, CA 90025
4261-007-027 APN 4261-007-008 ±15,447 SF Lot Size ±0.35 acres Zoning C2-1VL
Transit Oriented Community TOC – Tier 3
Permitted FAR Up to 3.75:1
Height Limit None Gas Station with cancelable fuel Current Improvements contract and lease ±147 ft on Santa Monica Blvd. & Frontage ±140 ft on Sawtelle Blvd. An “Underground Storage Tank Case Closure” letter from the California Regional Water Entitled No Quality Control Board and a Phase I environmental investigation report recommending City Council District 11- Mike Bonin “no further investigation” are posted in the data room via www.11305SantaMonica.com.
SAWTELLE BLVD
11 11305 SANTA MONICA BLVD., LOS ANGELES 11305 SANTA MONICA BLVD.
11305 SANTA MONICA BLVD LOS ANGELES, CA
1.EXECUTIVE2. AREA OVERVIEW SUMMARY WEST LOS ANGELES
West Los Angeles is one of the most desirable residential and business locations in Los Angeles County. The submarket of West Los Angeles is generally defined as the area north of the 10 freeway, west of Century City/Rancho Park, south of Wilshire Boulevard and east of Centinela Avenue. With its proximity to the Pacific Ocean, this location provides superior weather conditions compared to other (inland) areas of the county. Freeway access to the area is considered good with several points of ingress/egress to the 405 freeway as well as the 10 freeway. Housing prices along with apartment, retail, and office rents in the area are generally higher than most other regions in the county. Over the long term, the area is expected to retain its highly desirable reputation, establishing the benchmark for the remainder of the region. The long- term outlook for the West Los Angeles region is positive.
13 11305 SANTA MONICA BLVD., LOS ANGELES THE PROPERTY HAS A WALKSCORE OF 94
TRAFFIC COUNTS
Santa Monica Blvd. @ Corinth Ave 40,904
Santa Monica Blvd. @ Beloit Ave. 53,000
Santa Monica Blvd. @ I-405 317,000
14 11305 SANTA MONICA BLVD., LOS ANGELES LOCAL RETAIL MAP
11305 SANTA MONICA BLVD.
Retail Future Retail
© 2020 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced.
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15 11305 SANTA MONICA BLVD., LOS ANGELES
© 2020 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced.
Layout ID:L04 MapId:7154505
© 2020 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced.
Layout ID:L04 MapId:7130433 © 2020 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced.
Layout ID:L04 MapId:7130433 LOCAL RETAIL
SAWTELLE JAPANTOWN
Approximately one mile away from the Property, Sawtelle Boulevard hosts a number of unique restaurants that have solidified the neighborhood culture, comprised of the coolest cuisines inspired by various parts of Asia. As the street and restaurant scene has grown, Sawtelle’s designation as a Core Neighborhood in Los Angeles ensures lasting impact for generations to come.
The neighborhood of Sawtelle Japantown (formerly known as Little Osaka) is a true gem of West Los Angeles. The historic area is home to a sizable Japanese American population and is known for the trendy shops and restaurants centered on Sawtelle Boulevard. -Discover Los Angeles
16 11305 SANTA MONICA BLVD., LOS ANGELES 1
11305 SANTA MONICA BLVD.
2
3
4 Metro Rail Connects M1 - Wilshire/VA Hospital Station Westwood/UCLA, Century City, Beverly Hills, ±1 mile 5 minutes (2026 Expected Opening) Miracle Mile, Koreatown, Downtown LA
3rd Street Promenade (Santa Monica), M2 - Expo/Sepulveda Station ±1.2 mile 8 minutes Culver City, USC, Downtown LA
3rd Street Promenade (Santa Monica), M3 - Expo/Bundy Station ±1.5 miles 9 minutes Culver City, USC, Downtown LA
3rd Street Promenade (Santa Monica), M4 - 26th Street/Bergamot Station ±2 miles 13 minutes Culver City, USC, Downtown LA TRANSPORTATION LINKAGES
The Expo Line extends the Metro Rail system west to the Pacific Ocean. Starting at Downtown Santa Monica Station near Third Street Promenade, nine stations serve Santa Monica and Culver City, including the Expo/Sepulveda and Expo/Bundy Stations, which near the Property. From Expo/Bundy Station, it is an approximate 29 minute ride to the USC Campus (Jefferson/USC Station) or 38 minutes to Downtown Los Angeles (7th Street Metro Center).
The Property is approximately one mile away from the future Westwood/VA Hospital Metro Station which will be serviced by the Purple Line. Metro Rail is the rapid transit rail system consisting of six separate lines (the Blue, Red, Purple, Green, Gold and Expo Lines) which cumulatively serve 80 stations throughout Los Angeles County. The Purple Line currently terminates at Wilshire/Western Station in the heart of Koreatown. The currently under construction Purple Line Expansion will eventually extend to West Los Angeles, offering a dependable alternative for commuters traveling between Downtown Los Angeles, Beverly Hills, Century City and Westwood/UCLA. It is anticipated that the Westwood/VA Hospital Metro Station will be operational by 2026.
11305 SANTA MONICA BLVD.
18 11305 SANTA MONICA BLVD., LOS ANGELES DEMOGRAPHICS
Housing Value (3 Miles Radius) $121,808 $1,006,656 2019 Average Household Income (1 mile radius) 2019 Average Value of Owner Occupied Housing Units
$148,225 Household Income (3 Miles Radius) 2024 Projected Average Household Income (1 mile radius) 47% of Households make an Income of $100,000 or more
19 11305 SANTA MONICA BLVD., LOS ANGELES DEMOGRAPHICS 1 Mile Radius
DEMOGRAPHIC COMPREHENSIVE
11305 SANTA MONICA BLVD The Property is Situated in Prime West Los Angeles
1 Mile Projected 2024 Population 48,858
2019 Employment
60,534 Employees
7,118 Businesses
2019 Education 29% Master’s/Professional/Doctorate 32% Bachelor’s Other
40% 69% of the population has a Bachelor’s or Master’s/Professional/Doctorate Degree.
NAME LATITUDE LONGITUDE
2011305 S11305ANTA MONICA BSANTALVD 34.04655 MONICA-118.448964 BLVD., LOS ANGELES
©2020 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Source: Esri ProjectID:565196 DRIVE TIMES FROM 11305 SANTA MONICA BLVD. (Without Traffic) Santa Monica 3 minutes LAX Airport 12 minutes Westwood 7 minutes Hollywood 18 minutes Century City 8 minutes Downtown Los Angeles 20 minutes Venice 9 minutes Beverly Hills 10 minutes
21 11305 SANTA MONICA BLVD., LOS ANGELES SANTA MONICA
Less than a mile from the subject site, the City of Santa Monica offers a plethora of retail and cultural amenities, and is an employment hub for nearly 290,000 daytime employees. Santa Monica attracts a large daytime workforce due to a large concentration of media and entertainment companies, such as Yahoo!, HBO, Hulu, Universal Music, Amazon, CBS, Riot Games, Red Bull, Google, Sony and Lionsgate Entertainment, inhabiting more than five million square feet of Class A and creative office space.
Santa Monica is centered on three miles of wide, sandy white beaches making it the ultimate beach destination in Southern California for residents and visitors alike. The city is the perfect beach town with a plethora of attractions. With its excellent economic and demographic fundamentals, Santa Monica is one of the nation’s most desirable locations for residents, companies, and retailers.
THE RELOCATION OF TECH COMPANIES TO SOUTHERN CALIFORNIA IS PART OF A GROWING MOVEMENT OF U.S. CITIES SEEKING TO DUPLICATE THE FORMULA THAT TURNED NORTHERN CALIFORNIA’S SILICON VALLEY INTO A MECCA OF SOCIETY- SHIFTING INNOVATION AND IMMENSE WEALTH.
22 – THE MERCURY NEWS SILICON BEACH
Silicon Beach (named after its proximity to the Pacific Ocean) is an approximate 10 minute drive from 11305 Santa Monica Blvd. It is home to more than 500 tech startups along with incubators and accelerators. Greater Los Angeles accelerators include Startup UCLA, Amplify, and Disney Accelerator, in addition to incubators, tech studios, and hacker spaces.
As more and more people pursue a mobile, on-demand lifestyle, there has been an explosion of digital video content. Globally, hundreds of millions of people watch billions of online videos daily, and online videos account for almost 75 percent of all web traffic. This puts Los Angeles at the right place at the right time due to its proximity to the largest pool of media talent in the world: Hollywood. Companies are capitalizing on the city’s unique position.
23 11305 SANTA MONICA BLVD., LOS ANGELES WESTWOOD
Westwood is approximately 7 minutes by car from the Property. It is home to UCLA and the popular shopping area of Westwood Village. Westwood Village tenants include Whole Foods, Trader Joe’s, Target, Ralph’s, Urban Outfitters, Victoria’s Secret, American Apparel, Chipotle, Starbucks, Peet’s, The Coffee Bean & Tea Leaf, CVS, Veggie Grill and Market. Along Wilshire Boulevard, the Westwood office market is comprised of 12 office buildings comprising 3.6 million square feet of gross leasable area, housing nearly 10,000 jobs.
UCLA STATISTICS
• 52% UCLA students live off-campus (2018)
• 45,921 UCLA total enrollment (2018-2019)
• 13th in Global Ranking 2018. (U.S. News & World Report ranked)
• First among public universities (2020 Wallstreet Journal/Times Higher Education)
• Tied for 19th overall among national universities.
24 11305 SANTA MONICA BLVD.
11305 SANTA MONICA BLVD LOS ANGELES, CA
3.RENT AND SALES COMPARABLES MULTIFAMILY RENT SURVEY
26 11305 SANTA MONICA BLVD., LOS ANGELES The buildings are currently offering varying free rent concessions due to COVID-19. (pgs 27-30)
1 &Pico
100 Units Completed Date Octo er est Pico Blv Improvements Rating A Los Angeles A Location Rating B Occupancy Amenities ontrolle Access itness enter B siness enter pa ental Office tan Alone otal Par ing paces overe Par ing Is Availa le or An A itional Per Month Par ing ype terranean Private Balcony/Patio onstr ction ype Masonry Internet Access A ove tan ar eiling Height Micro ave Ovens
Unit Type Unit Size (SqFt) Actual Rent Unit Description Count % of Total Unit Total Total SqFt t io One Be roo o Be roo / o Bath Pentho se Pentho se One Be roo /One Bath Pentho se o Be roo / o Bath Total/Average 100 100% 623 62,330 $3,166 $4.87
2 Bellerive
63 Units Completed Date an ary Beloit Aven e Improvements Rating A Los Angeles A Location Rating B Occupancy Amenities ontrolle Access ental Office tan Alone otal Par ing paces overe Par ing Availa le Par ing ype ra e Level Private Balcony/Patio onstr ction ype ra e Internet Access ireplaces Availa le In All nits A ove tan ar eiling Height Micro ave Ovens
Unit Type Unit Size (SqFt) Actual Rent Unit Description Count % of Total Unit Total Total SqFt o Be roo / o Bath hree Be roo / o Bath Total/Average 63 100% 1,266 79,755 $3,672 $2.90 Source: Yardi
You are solely responsible for independently verifying the information in this Memorandum. ANY RELIANCE ON IT IS SOLELY AT YOUR OWN RISK. 27 11305 SANTA MONICA BLVD., LOS ANGELES
Page of The buildings are currently offering varying free rent concessions due to COVID-19. (pgs 27-30)
3 C on Pico
94 Units Completed Date April est Pico Blv Improvements Rating B Los Angeles A Location Rating B Occupancy Amenities ontrolle Access itness enter B siness enter l ho se ental Office tan Alone otal Par ing paces Par ing ype terranean Private Balcony/Patio onstr ction ype teel ra e Internet Access A ove tan ar eiling Height Micro ave Ovens
Unit Type Unit Size (SqFt) Actual Rent Unit Description Count % of Total Unit Total Total SqFt t io One Be roo o Be roo / o Bath Total/Average 94 100% 689 64,748 $3,040 $4.41
4 Colby at Ohio
56 Units Completed Date ove er ol y Aven e Improvements Rating B Los Angeles A Location Rating B Occupancy Amenities ontrolle Access itness enter ental Office otal Par ing paces overe Par ing Is Availa le or An A itional Per Month Par ing ype terranean Private Balcony/Patio onstr ction ype o ination Internet Access A ove tan ar eiling Height Micro ave Ovens
Unit Type Unit Size (SqFt) Actual Rent Unit Description Count % of Total Unit Total Total SqFt o Be roo /One an hree arter Bath hree Be roo / o an hree arter Bath o r Be roo / o an hree arter Bath o r Be roo / hree an hree arter Bath Pentho se hree Be roo / o an hree arter Bath Pentho se o r Be roo / hree an hree arter Bath
Total/Average 56 100% 1,360 76,132 $4,318 $3.18 Source: Yardi You are solely responsible for independently verifying the information in this Memorandum. ANY RELIANCE ON IT IS SOLELY AT YOUR OWN RISK. 28 11305 SANTA MONICA BLVD., LOS ANGELES
Page of The buildings are currently offering varying free rent concessions due to COVID-19. (pgs 27-30)
5 Hampstead Heath 71 Units Completed Date epte er est Pico Blv Improvements Rating B Los Angeles A Location Rating B Occupancy Amenities ontrolle Access ental Office otal Par ing paces overe Par ing Is Availa le or An A itional Per Month Par ing ype terranean Private Balcony/Patio onstr ction ype teel ra e Internet Access A ove tan ar eiling Height Micro ave Ovens
Unit Type Unit Size (SqFt) Actual Rent Unit Description Count % of Total Unit Total Total SqFt t io One Be roo /Alcove NottingOne Be roo Hill o Be roo / o Bath 52 Units Pentho se a telle Blv Pentho se One Be roo /One Bath Pentho se o Be roo / o Bath Los Angeles A Total/Average 71 100% 576 40,889 $2,528 $4.40 Completed Date Improvements Rating A 6 Notting Hill ne Location Rating B
52 Units Completed Date ne Occupancy a telle Blv ImprovementsCommon RatingArea AmenitiesA - ontrolle Access itness enter ental Los Angeles A LocationOffice Rating tan AloneB Parking - otal Par ing paces overe Par ing Is Availa le or An OccupancyA itional Per Month Par ing ype terranean Private Balcony/Patio onstr ction ype Amenities Functional Characteristics - teel ra e ontrolle Access itness enter ental Office tan Apartment Alone Interior otal Par ing Amenities - Internet Access A ove tan ar eiling paces overe Par ing Is Availa le or An A itionalHeight Micro ave Per Month Ovens Par ing ype terranean Private Balcony/Patio onstr ction ype teel ra e Internet Access A ove tan ar eiling Height Micro ave Ovens Unit Type Unit Size (SqFt) Actual Rent Unit Size (SqFt) Actual Rent UnitUnit Description Type Count % of Total Unit Total Total SqFt Unit Description Count % of Total Unit Total Total SqFt One Be roo /Alcove One Be roo /Alcove One Be roo One Be roo One Be roo o Be roo / o Bath o Be roo / o Bath Pentho se One Be roo /One Bath Pentho se One Be roo /One Bath Pentho se o Be roo / o Bath Pentho se One Be roo /One Bath Total/Average 52 100% Pentho se o Be roo / o Bath Total/Average 52 100% Source: Yardi You are solely responsible for independently verifying the information in this Memorandum. ANY RELIANCE ON IT IS SOLELY AT YOUR OWN RISK. Page of