BRANDON MICHAELS GROUP SOUTHERN CALIFORNIA'S PREMIER SALES TEAM

ARTISAN SQUARE 1,407,532 SF TAMPA AVE APARTMENTS SHOPPING MALL 2 story apartment with 140 units

SHIRLEY AVE

THE VILLAGE AT NORTHRIDGE NORDHOFF ST An assisted living N community SYMMETRY APARTMENTS O R 6 story apartments D with 429 units and 914 H parking spaces O F F

W A Y

Nordhoff Street 1.315 Acres of Unique Covered Land Prime Northridge UNIQUE COVERED LAND OPPORTUNITY IN Land Zoned C4 Opportunity Location NORTHRIDGE, CA 91324 1 INVESTMENT ADVISORS 19456 NORDHOFF ST | NORTHRIDGE, CA

BRANDON MICHAELS Senior Managing Director of Investments Senior Director, National Retail Group Tel: (818) 212-2794 Fax: (818) 212-2710 [email protected] License: CA #01434685 www.BrandonMichaelsGroup.com

CONFIDENTIALITY AND DISCLAIMER The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party re- ceiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified infor- mation to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for aw thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminat- ing substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the finan- cial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we be- lieve to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Mar- cus & Millichap. All rights reserved.

NON-ENDORSEMENT NOTICE Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The pres- ence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or TABLE OF CONTENTS commercial listing of Marcus & Millichap, and is solely included for the pur- pose of providing tenant lessee information about this listing to prospective customers. ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DE- TAILS.

SPECIAL COVID-19 NOTICE

All potential buyers are strongly advised to take advantage of their opportunities and obligations to conduct thorough due diligence and seek expert opinions as they may deem necessary, especially given the unpredictable changes resulting from the continuing COVID-19 pandemic. Marcus & Millichap has not been retained to perform, and cannot conduct, due diligence on behalf of any prospective purchaser. Marcus & Millichap’s principal expertise is in marketing investment properties and acting as 1 2 3 intermediaries between buyers and sellers. Marcus & Millichap and its investment professionals cannot and will not act as lawyers, accountants, PROPERTY OVERVIEW AREA OVERVIEW RENT COMPARABLES contractors, or engineers. All potential buyers are admonished and advised to engage other professionals on legal issues, tax, regulatory, financial, and accounting matters, and for questions involving the property’s physical condition or financial outlook. Projections and pro forma financial statements are not guarantees and, given the potential volatility created by COVID-19, all potential buyers should be comfortable with and rely solely on their own projections, analyses, and decision-making.)

2 3 19456 NORDHOFF ST

4 5 VAN NUYS SHERMAN OAKS NORTH HILLS

VILLAGE POINTE APARTMENT 2 story apartment with 258 units.

RESEDA BLVD

ALISON CANYON WASH

MERIDIAN POINTE APARTMENT Rental units ranging from 268-928 NORDHOFF ST sq ft starting at $1250 ARTISAN SQUARE RESEDA BLVD APARTMENTS TAMPA AVE 2 story apartment with MERIDIAN PLACE 140 units APARTMENT Mixed-use upscale apartment complex with ~ 500 units THE VILLAGIO ADLER APARTMENTS SHIRLEY AVE WILBUR AVE 3 story apartment with 338 apartments on 86 units 46,000 square feet of PARTHENIA ST private open space

1,407,532 SF NORDHO PLUMMER ST FF WAY SHOPPING MALL

TAMPA AVE NORDHOFF ST

SYMMETRY APARTMENTS 6 story apartments with 429 units and 914 parking spaces SHIRLEY AVE CORBIN AVE

THE VILLAGE AT NORTHRIDGE An assisted living 6 community 7 9

19456 NORDHOFF ST | NORTHRIDGE, CA DENSE POPULATION DENSE WITH SIGNIFICANT DEVELOPMENT HIGHLY AMENITIZED LOCAL SUB-MARKET STRONG IMMEDIATE DEMOGRAPHICS AND IMMEDIATE DEMOGRAPHICS STRONG 13,175 square foot building currently leased to Total 13,175 Total square foot to leased currently building 12/31/2022 through Spa Day & Gym Woman square feet zoned57,283 of land C4 for “by-right” allows zoning Current ofone development unit per 400residential square feet of land density eligible for is a 35%Site state bonus location for redevelopment residential Ideal Significant development in the immediate area including including area Significant immediate in the development new Symmetry brand Apartments,the new a brand contemporary apartment directly community, across the street 1.5 approved from 24 acre less miles than the Within planned MGAmaster Entertainment Campus area immediate retailers in the national Multiple Improvement, Home Costco Chick-Fil-A, Lowe’s including PetSmart, Kohl’s, Target, and many Best Buy, Warehouse, others location with Valley San Fernando West Centralized access 118 and 101 Freeways the to • • • • • • • • • 19456 19456 WHY BUY WHY BUY NORDHOFF ST NORDHOFF UNIQUE COVERED LAND OPPORTUNITY UNIQUE COVERED 13,175 square foot building currently leased to Total Woman Woman 13,175 Total square foot to leased building currently 12/31/2022 through Spa & Day Gym square feet zoned57,283 of land C4 for “by-right” zoning allows Current of one development unit per 400residential square feet of land density eligible for is Site a 35% state bonus location for redevelopment residential Ideal • • • • • NNN LEASE IN PLACE WITH PRIME NORTHRIDGE LOCATION PRIME NORTHRIDGE PUBLICLY TRADED COMPANY

Located less than two Located miles from less California State than University Northridge close proximityWithin significant to new multi-family development Significant north area immediate growth of in the 15% over decade past the counts traffic daily exceedingHigh day vehicles per 35,000 Ideally located directly located Ideally across from Northridge the Plaza and Nordhoff Plaza Fashion Currently leased to Total Woman Gym & Day Spa & Day Gym Woman Total to leased Currently expiredLease 12/31/2022 throughout locations 10 has Spa & Day Gym Woman Total California Sports International by Town Guaranteed is Lease Holdings under CLUB NASDAQ on the Traded approximately 190 with clubs operates TSI Holdings 605,000 members

• • • • • • • • • • • 8 19456 NORDHOFF ST | NORTHRIDGE, CA

Unique Covered Land Opportunity consisting of a 13,175 square foot building currently occupied by Total Woman Gym & Day Spa situated on 1.315 Acres of Land Zoned C4 ideal for residential re-development located directly across from the Northridge Fashion Center and less than TAMPA AVE two miles from California State University Northridge in the prime West San Fernando Valley Sub-market of Northridge, CA

1,407,532 SF The Brandon Michaels Group of Marcus & Millichap has been selected to exclusively represent for sale 19456 Nordhoff Street, a 13,175 square SHOPPING MALL foot building currently occupied by Total Woman Gym & Day Spa. The subject property is ideally situated on 1.315 Acres of Land Zoned C4 ideal for residential SHIRLEY AVE ARTISAN SQUARE re-development directly across from the Northridge Fashion Center and less than two miles from California State University Northridge in the prime West San APARTMENTS Fernando Valley Sub-Market of Northridge, CA. 2 story apartment with 140 units

N

19456 Nordhoff Street is located at the convergence of Nordhoff Way and Nordhoff Place amongst a sea of national retailers, numerous dining options, and O

R dense residential directly acrss from the Northridge Fashion Center and Nordhoff Plaza. This high traffic location benefits from daily traffic counts north of D H 35,000 vehicles per day. The current tenant, Total Woman Gym & Spa, is on an absolute NNN lease which expires on 12/31/2022. This tenant has successfully NORDHOFF ST O F F operated at this location for over 20 years since 1999. Total Woman Gym & Spa currently has 10 locations in California. THE VILLAGE AT W NORTHRIDGE A An assisted living SYMMETRY APARTMENTS Y community 6 story apartments The existing lease is guaranteed by Town Sports International Holdings (or TSI Holdings; NASDAQ: CLUB) is an operator of fitness centers in the Eastern United with 429 units and 914 States, California and in Switzerland. Its brands include New York Sports Clubs, Boston Sports Clubs, Philadelphia Sports Clubs, Washington Sports Clubs, parking spaces Lucille Roberts, TMPL Gym and Total Woman Gym and Spa. TSI Holdings operates 190 clubs with approximately 605,000 members.

57,283 SF (1.32 ACRES) 13,175 C4-1 Total Woman Gym & Spa 68 LAND SF BUILDING SF ZONING CURRENT TENANT PARKING SPACES

10 11 MASON AVE MGA ENTERTAINMENT WINNETKA AVE 19456 NORDHOFF ST | NORTHRIDGE, CA

Unique Covered Land Opportunity consisting of a 13,175 square foot building currently occupied by Total Woman Gym & Day Spa situated NORDHOFF ST on 1.315 Acres of Land Zoned C4 ideal for residential re-development located directly across from the Northridge Fashion Center and less than

CORBIN AVE two miles from California State University Northridge in the prime West San Fernando Valley Sub-market of Northridge, CA

THE VILLAGE AT NORTHRIDGE 19456 Nordhoff Way is prime for residential re-development. This excellent West San Fernando Valley location benefits from C4 zoning on approximately 57,283 An assisted living community square feet of land. The immediate sub-market is experiencing strong growth, with multiple new residential projects having been completed or in the process of completion in the immediate area. Under the current zoning, by-right you can build approximately one multi-family unit for every 400 square feet of land with an additional 35% state density bonus available. Under the state enterprise zone, you are restricted to a 75’ height limit. NORDHOFF ST N O R Northridge, CA is a high-end West San Fernando Valley Sub-Market that has experienced significant growth over the past decade as a result of significant DH O SYMMETRY APARTMENTS FF development in the immediate area. Northridge benefits from high barriers to entry, affluent demographics, dense immediate population. The immediate area WAY 6 story apartments with 429 units and 914 has undergone significant population growth, with a population increase of over 15% over the past decade. The predominantly Caucasian demographic consists parking spaces of over 18,784 people within one mile of the subject property, over 237,000 people within three miles, and over 534,000 people within five miles. The average income within one mile of the subject property is $100,179, with a median household income of $80,619. The median home price is $684,908, with an average age of 39.30.

THE NORTHRIDGE ALDER APARTMENTS DIGNITY HEALTH - CALIFORNIA STATE VAN NUYS FASHION CENTER DEVELOPMENT NORTHRIDGE HOSPITAL UNIVERSITY, NORTHRIDGE AIRPORT 0.2 MILE 1 MILE 2.6 MILES 1.8 MILES 6.1 MILES

12 13 THE OFFERING 19456 NORDHOFF ST | NORTHRIDGE, CA UNIQUE COVERED LAND OPPORTUNITY IN NORTHRIDGE

19456 Nordhoff Street ADDRESS: Northridge, CA 91324

PRICE: $6,000,000

BUILDING SF: 13,175 SF NORTHRIDGE

LAND SF: 57,283 SF (1.32 Acres) 68 Surface Spaces are available; DE SOTO AVE PARKING: MASON AVE Ratio of 5.16/1,000 SF DE SOTO AVE TENANT: Total Woman Gym & Day Spa Town Sports International MGA GUARANTOR: MASON AVE ENTERTAINMENT WINNETKA AVE Holdings, Inc. THE VILLAGE AT NORTHRIDGE An assisted living LEASE TERM: 25 years (11/1/1999 To 12/31/2022) community

OPTIONS: None WINNETKA AVE 1,407,532 SF SHOPPING MALL MONTHLY BASE RENT: $25,779.87 CORBIN AVE SYMMETRY APARTMENTS 6 story apartments with 429 units and 914 NET OPERATING INCOME: $309,358.44 parking spaces

LEASE TYPE: NNN PARTHENIA ST N OR YEAR BUILT: 1974 DH CORBIN AVE OF F WAY BY RIGHT UNITS: 1 multi-family unit per 400 SF of land NORDHOFF ST TAMPA AVE DENSITY BONUS: 35% PERCENTAGE OF ELI 11% AFFORDABLE UNITS: HEIGHT LIMIT (STATE SHIRLEY AVE 75’ ENTERPRISE ZONE): ZONING: C4-1 ARTISAN SQUARE APARTMENTS APN NUMBER: 2783-028-044 ADLER APARTMENTS 338 apartments on 2 story apartment with 46,000 square feet of 140 units 14 private open space 15 19456 NORDHOFF ST | NORTHRIDGE, CA

TENANT OVERVIEW

Total Woman Gym Lease Term: 25 Years & Day Spa 11/1/1999 To 12/31/2022 TENANT BASE RENT: $25,779.87 Town Sports International NNN Holdings, Inc. (NASDAQ - CLUB) LEASE TYPE GUARANTOR NOI: $309,358.44

16 17 AREA OVERVIEW

18 19 19456 NORDHOFF ST | NORTHRIDGE, CA NORTHRIDGE, CA 70,652 Total Population of Northridge, CA. The Median Age is 34. Northridge is a neighborhood of Los Angeles, California in the San Fernando Valley. It is the home of California State University, Northridge, as well as eleven public and eight private schools. 51% 49% MALE FEMALE Originally named Zelzah, the community was renamed North EDUCATION Los Angeles in 1929 to emphasize its closeness to the booming city. This created confusion with Los Angeles and North Hollywood. At the suggestion of a civic leader, the community was renamed Northridge in 1938. Northridge can trace its history back to the Gabrielino (or Tongva) people and to Spanish explorers. Its territory was later sold by the Mexican governor to Eulogio de Celis, whose heirs divided it for sale. The area has been the home of notable people, and it has notable attractions and points of interest. Residents have access to a municipal recreation center and a public swimming pool. 19.93% 18.45% 5.81% 18.02% Some High School Some College Associate Degree Bachelor’s Degree Northridge is located in close proximity to the Ronald Reagan Freeway (118) which connects to the San Diego Freeway (405) and provides access to all of Los Angeles County.

NORTHRIDGE DEMOGRAPHICS 20 21 CALIFORNIA STATE UNIVERSITY, NORTHRIDGE ACADEMIC STAFF: 2,139 (Fall 2019) CALIFORNIA STATE UNIVERSITY NORTHRIDGE 19456 NORDHOFF ST | NORTHRIDGE, CA San Fernando Valley State College ADMINISTRATIVE STAFF: 1,968 (Fall 2019) FORMER NAME: 1.8 MILES FROM 19456 NORDHOFF STREET, NORTHRIDGE, CA 91324 (1958–72) STUDENTS: 38,391 (Fall 2019) MOTTO: Vox Veritas Vita (Latin) UNDERGRADUATES: 34,633 (Fall 2019) TYPE: Public University POSTGRADUATES: 3,758 (Fall 2019) ESTABLISHED: 1958

ENDOWMENT: $119.0 Million (2019) CAMPUS: Suburban, 356 acres

BUDGET: $464.5 Million (2019) COLORS: CSUN Red, Black California State University, Northridge (CSUN or Cal State PRESIDENT: Dianne F. Harrison MASCOT: Matty the Matador Northridge) is a public university in the Northridge neighborhood of Los Angeles, California. With a total enrollment of 38,391 students (as PROVOST: Mary Beth Walker WEBSITE: www.csun.edu of Fall 2019), it has the largest undergraduate population as well as the second largest total student body of the 23-campus California State University system, making it one of the largest comprehensive universities in the United States in terms of enrollment size. The size of CSUN also has a major impact on the California economy, with an estimated $1.9 billion in economic output generated by CSUN on a yearly basis. As of Fall 2019, the university had 2,139 faculty, of which 805 (or about 40%) were tenured or on the tenure track.

California State University, Northridge was founded first as the Valley satellite campus of California State University, Los Angeles. It then became an independent college in 1958 as San Fernando Valley State College, with major campus master planning and construction. The university adopted its current name of California State University, Northridge in 1972. The 1994 Northridge earthquake caused $400 million in damage to the campus, the heaviest damage ever sustained by an American college campus.

The university offers 134 different bachelor's degrees and master's degree programs in 70 different fields, as well as four doctoral degrees. CSUN is considered to be one of the most diverse universities in the nation and currently has over 350,000 alumni. 22 23 MGA ENTERTAINMENT CAMPUS MGA ENTERTAINMENT CAMPUS 19456 NORDHOFF ST | NORTHRIDGE, CA 1.2 million square feet set to break ground by the beginning of 2017:  1.3 MILES FROM 19456 NORDHOFF STREET, NORTHRIDGE, CA 91324 Office – Remodel Existing 250,000 SF (MGA’s Headquarters – 250+ employees)  New Cafeteria, Daycare, Patio – 7,500 Sf  New Creative Office Space, Production/Showroom Space – 43,000 sf ABOUT MGA ENTERTAINMENT  Proposed Buildings (Building A, B, C and D) range from 5 to 7 story structures – up to 700 MGA Entertainment (Micro-Games America Entertainment) produces proprietary and licensed products including toys and games, residential units dolls, consumer electronics, home décor, stationary and sporting goods. MGA Entertainment’s award-winning brands include Little  Residential Buildings contain a mixture of one, two and three bedroom apartments, Tikes®, Lalaloops y™, Bratz®, Bratzillaz™, Novi Stars™, Moxie Girlz™, and Zapf Creation®. MGA Entertainment was founded in 1979 and supplemented by individual club houses and fitness rooms employs upwards of 1,100 employees.  Residents would also have access to various communal amenities, including swimming pools and a 350-seat amphitheater. SITE PLAN  Building C includes the project’s retail component (14,000 sf) of stores and restaurants.

MGA ENTERTAINMENT CAMPUS  A shaded outdoor courtyard will be the centerpiece providing outdoor dining space. The Los Angeles City Council has recently approved MGA  Parking will be located in three separate garages housing approximately 1,467 parking Entertainment’s proposed development in Chatsworth, spaces which will bring 660 market-rate apartments, retail and restaurants to 24 acres near Prairie Street and Winnetka  Vehicular access will be provided via Prairie Street and a new bridge connecting to

Avenue. The project will break ground beginning of 2017 Winnetka Avenue. and will be designed by Killefer Flammang Architects. The  Private shuttle service connecting residents/guests to local transportation hubs and toymaker, which sells Bratz dolls, is also relocating its Van Orange Line stations. Nuys headquarters to the site. Supporters are calling the manufacturing, office and residential proposal the first of its kind in the city. “

MGA Entertainment’s vice-president of business development Jason Larian said the company’s 280 local employees will be encouraged to live in the new housing. MGA will also do light manufacturing and design work on the new campus, but continue to manufacture its Bratz fashion doll line in China.

The Valley’s first live-work campus – combining light industrial and commercial space with retail, residential and community amenities. “24 25 19456 NORDHOFF ST | NORTHRIDGE, CA LOCAL RETAIL 19456 NORDHOFF STREET IS LOCATED WITHIN CLOSE PROXIMITY TO THE SAN FERNANDO VALLEY’S PREMIER SHOPPING AND DINING DESTINATIONS.

NORTHRIDGE FASHION CENTER PACIFIC THEATRES CHATSWORTH PLAZA DI NORTHRIDGE An established shopping center with well- Adjacent to the subject property, this is the first Shopping Center anchored by Super King known retailers such as abercrombie, location to offer XME Experience featuring a Market and DSW. Also has a Rubio’s, Which Express, Forever 21, Fossil, Macy’s and chain 79-foot wall to wall screen with state of the art Which, Jamba Juice, Corner Bakery Cafe, restaurants and a theater multiplex. Every sound system. Adjacent restaurants include Starbucks, and more. Wednesday, Northridge Fashion Center hosts Aplebee’s, Stonefire Grill, Poquito Mas, Sansai a Farmer’s Market & Family Festival featuring Japanese Grill, Subway, and The Habit. fresh produce and dining options.

NORTHRIDGE PLAZA & WALNUT WESTIELD TOPANGA VILLAGE AT WESTFIELD TOPANGA GROVE SHOPPING CENTER A 1.6 million square foot two-level indoor A brand new central gathering place for Household retailers and restaurants including shopping center comprised of high-end retail shopping, dining, events, entertainment and Kohl’s, Lowe’s, Best Buy, Big Lots, 24 hour and restaurants. Westfield Topagna is the only leisure. The Village showcases trendy local Fitness, Denny’s, 99 Cents Only Store, Chipotle, center in the United States with a Neiman fashion and lifestyle brands, sensational Costco, and more. Marcus and flagship Nordstrom alongside restaurants offering al fresco patio dining, a Target, and is a power shopping paradise full-service gym, spa and yoga studio, along with a luxury lineup including Gucci, Tiffany with Costco, Crate & Barrel, a weekly farmer’s & Co., Salvatore Ferragamo, Louis Vuitton, market and more, all under a canopy of native Cartier, Burberry, Jimmy Choo alongside Apple, trees and vegetation. With a combined square Tesla, Tory Burch, Anthropologie, Free People, footage of over 2.5 million, Westfield offers OMEGA, Splendid, Urban Outfitters and the retail consumer a laundry list of high-end Lacoste. retailers and restaurant choices

26 27 29 METRO ORANGE LINE STOPS METRO ORANGE

METROLINK CountyFernando San and the County serving line Line a commuter rail is Ventura Ventura Metrolink The Losin Angeles County Citythe and Valley of Los trains Three Angeles, system. SouthernCalifornia in the Pacific Amtrak the with hub, transit major — SFValley) (western Station Chatsworth to run weekday each Local lines, valley bus and Metro LADOT the Express Commuter Line (6-2012) Orange Metro the Surfliner, and four of six the Ventura East Trains Transit. and Simi Valley service; Transit, Clarita Santa and buses from here. stop also runs Moorpark TRANSPORTATION and 405,Northridge The easilyaccessibe 101, airport and is transit, rail transportation. Metro by freeways, Ventura and Los beyondand access area Angeles Orange provide to greater metropolis the to Freeways 118 provides access Northridge the way Metrolink from Line transit bus dedicated Orange Counties. Metro The of San the length east-west along the then Hills, in Woodland hub transit Center Warner the to station connecting North the to serviceRail Hollywood Red Line Station. Downtown Valley to continues Fernando Chatsworth lines from Los rail long distance Angeles. Long Beach Amtrak and West Los Angeles, Pasadena, and San Diego. Northern San Fernando’s The California Barbara, Santa County, proceed Ventura Station to Airport. Nuys airports major two Bob Hope Airport Burbank are and Van Valley’s 19456 NORDHOFF ST | NORTHRIDGE, CA 28 MAJOR EMPLOYERS

Northridge is home to nearly 20,000 businesses employing approximately 212,000 people. Over 500,000 people are employed within an approximately 20- 1 MILE 3 MILES 5 MILES mile radius of Northridge. With retail and wholesale being the most common industry classification, the Northridge community is particularly known for its strong presence in the technology sector. Major employers in Northridge and adjacent communities include: 3M Company, Health Net, Nestle USA, Farmers 2020 Population 18,411 235,116 528,901 Insurance, Universal Music Group, Woodland Hills Medical Center, and Gen Corp. Chatsworth is also proximate to Warner Center, the downtown and office hub of the San Fernando Valley. Warner Center is home to many high profile employers and serves as a major employer hub. 2020 Households 5,673 73,997 179,049 2020 Average Household Major employers in Northridge and the surrounding communities include: 3.20 3.00 2.90 Size 2020 Median Household 528,901 $80,619 $80,619 $71,789 $76,230 Income Population within Median HH income within 2020 Average Household 5-m radius 1-m radius $100,179 $93,561 $99,003 Income

2020 Owner Occupied 3,408 38,736 96,016 Households

2020 Renter Occupied 2,264 35,260 83,033 Households

<$25,000 950 12,016 28,070 83,033 26,692 Renter Occupied Households Businesses $25,000 - $50,000 897 13,671 30,682 within 5-m radius within a 5-m radius

$50,000 - $75,000 798 12,942 29,611

$75,000 - $100,000 852 10,198 23,605

$100,000 - $125,000 601 7,968 20,160

$125,000 - $150,000 513 4,994 13,239

$150,000 - $200,000 514 6,029 16,669 $100,179 96,016 Average HH income within Owner Occupied Households $200,000+ 548 6,17 7 17,013 1-m radius within 5-m radius

30 31 RENT COMPARABLES

32 33 19456 NORDHOFF ST | NORTHRIDGE, CA RENT COMPARABLES 19456 Nordhoff St MULTI-FAMILY - AVAILABLE FOR LEASE 1 Symmetry Apartments 4 2 Aspire Apartments at CSUN 5 ADDRESS 1 SUDIO 1 BEDROOM 2 BEDROOM YEAR BUILT TOTAL UNITS 3 Alder

2 4 Legacy Apartment Homes Symmetry Apartments 1 1 19535 W. Nordhoff St $1,805 - $2,171 $2,007 - $2,560 $2,497 - $3,185 2020 431 5 Terrena Northridge, CA 91324

3 Aspire Apartments at CSUN 9131 Darby Ave 2 Unavailable $1,950 - $2,895 $3,295 - $4,245 2020 222 Los Angeles, CA 91325

Alder 3 19401 Parthenia St $1,750 - $2,497 $2,010 - $2,929 $2,515 - $3,628 2016 338 Northridge, CA 91324 SYMMETRY APARTMENTS 1 Symmetry Apartments Apartment Amenities

19535 W. Nordhoff St, Northridge, CA 91324 1st floor location; Legacy Apartment Homes Year Built 2020 4th floor location; Additional hang-out deck 4 18452 Halsted St Unavailable Unavailable $2,307 - $3,812 2015 47 Units 431 Northridge, CA 91325 with BBQ's and fire pits; Stories 5 Air Conditioner; Co-lab working space with Average SF 926 conference area; Curate DIY workshop space; Terrena Unit Type Avg. SF Market Rent Designer paint and lighting; 5 9400 Corbin Ave Unavailable $1,910 - $2,815 $2,535 - $3,615 2013 402 Designer quartz countertops Studio 569 $1,805 - $2,171 and tile backsplash; Northridge, CA 91324 1 BD/1 BA 799 $2,007 - $2,560 Dog-friendly with pet spa; EV charging stations; 2 BD/2 BA 1,142 $2,497 - $3,185 AVERAGE $2,056 $2,385 $3,163 - -

34 35 RENT COMPARABLES RENT COMPARABLES

ASPIRE APARTMENTS AT CSUN LEGACY APARTMENT HOMES

2 Aspire Apartments at CSUN Apartment Amenities 4 Legacy Apartment Homes Apartment Amenities 9131 Darby Ave, Los Angeles, CA 91325 Under Construction 18452 Halsted St, Northridge, CA 91325 Air Conditioner; Year Built 2020 Year Built 2015 Bike Racks; Units 146 Units 27 Cable Ready; Courtyard; Stories 5 Stories 4 Dishwasher; Average SF 833 Average SF 1,056 Disposal; Efficient Appliances; Electric Vehicle Charging Unit Type Avg. SF Market Rent Unit Type Avg. SF Market Rent Stations; Studio - Unavailable Studio - Unavailable Gas Range; Green Building; 1 BD/1 BA - $1,950 - $2,895 1 BD/1 BA - Unavailable Hard Surface Flooring 2 BD/2 BA - $3,295 - $4,245 2 BD/2 BA 1,660 $2,307 - $3,812

ALDER TERRENA

3 Alder Apartment Amenities 5 Terrena Apartment Amenities 19401 Parthenia St, Northridge, CA 91324 9400 Corbin Ave, Northridge, CA 91324 1.5 miles from Cal State 10-foot ceilings; Northridge; Year Built 2016 Central air and heating; Year Built 2013 100% smoke-free community; Units 338 Dog wash and grooming Units 402 2 inch stylized faux wood salon; blinds; Stories 4 Electric Stove; Stories 4 Abundant rentable onsite Average SF 849 Full-sized, staked washer and Average SF 910 storage spaces; dryer; Abundant storage including Fully-equipped, state-of-the- pantry; Unit Type Avg. SF Market Rent art fitness center; Unit Type Avg. SF Market Rent Built-in linen storage; Studio 602 $1,750 - $2,497 Hardwood Floors; Studio - Unavailable COLLECTION: boutique Mountain views; onsite retail center; 1 BD/1 BA 781 $2,010 - $2,929 Oversize soaking tubs; 1 BD/1 BA 720 $1,910 - $2,815 Convenient in-home full-size 2 BD/2 BA 1,064 $2,515 - $3,628 2 BD/2 BA 1,163 $2,535 - $3,615 washer and dryer

36 37 BRANDON MICHAELS GROUP SOUTHERN CALIFORNIA'S PREMIER SALES TEAM

1,407,532 SF TAMPA AVE ARTISAN SQUARE SHOPPING MALL APARTMENTS 2 story apartment with 140 units

SHIRLEY AVE

THE VILLAGE AT NORTHRIDGE NORDHOFF ST An assisted living community N SYMMETRY APARTMENTS O 6 story apartments with 429 units R D and 914 parking spaces. Built in 2020 H O F F

W A Y

BRANDON MICHAELS Senior Managing Director of Investments Senior Director, National Retail Group Tel: (818) 212-2794 Fax: (818) 212-2710 Nordhoff Street [email protected] UNIQUE COVERED LAND OPPORTUNITY IN License: CA #01434685 www.BrandonMichaelsGroup.com NORTHRIDGE, CA 91324 38