1744 Butler Avenue Los Angeles, California 90025 Copyright © 2020 Transwestern

$9,675,000

16-Unit Apartment Building in Prime West Los Angeles | Built in 1997 Major Value-Add Opportunity - Current Rents Over 35% Below Market

1744 Butler Avenue Los Angeles, California 90025 Copyright © 2020 Transwestern. California Table of Contents Brokerage License #01263636. The information in this offering memorandum was gathered 3 Investment Summary 17 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 12 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 ▪ Silicon Beach Tech and Entertainment Landscape conduct a careful, independent investigation of the property to determine to their satisfaction ▪ Nearby Developments the suitability of the property for their needs. ▪ Demographics

John Swartz Josh Kaplan Troy Lucero Transwestern Real Estate Services Managing Director Managing Director Senior Associate 601 S. Figueroa St, Suite 3650 213.430.2526 213.430.2538 213.457.1656 Los Angeles, CA 90017 [email protected] [email protected] [email protected] 213.624.5700 CA Lic 01873487 CA Lic 01934177 CA Lic 02015701 transwestern.com Investment Summary

Transwestern as the exclusive listing agent is pleased to present the opportunity to acquire 1744 Butler Ave, a 16-unit apartment building built in 1997. The property is located just south of Santa Monica Blvd, between Federal Ave, and Sawtelle Blvd in the heart of West Los Angeles.

The Opportunity

▪ PRIME VALUE-ADD OPPORTUNITY - Current rents are over 35% below market

▪ OPPORTUNITY TO IMPLEMENT a RUBS program as leases turn over.

▪ EXCELLENT UNIT MIX – thirteen (13) 2bed+2bath units, two (2) 3bed+3bath units, and one (1) guest room unit.

▪ DESIRABLE FLOOR PLANS – All of the 2-bedroom and 3-bedroom units are large units and have fireplaces and balconies. All of the bathrooms in these units are full bathrooms.

▪ EXEMPT From Los Angeles Rent Control (RSO).

Offering Price: $9,675,000 ▪ AMPLE PARKING – 31 total parking spaces | 11 single spaces and 10 tandem spaces. $604,688 Per Unit ▪ GUEST ROOM unit will be delivered vacant. 18.4 Current Gross Rent Multiplier ▪ OPPORTUNITY TO INCREASE REVENUE by turning a large room on the first floor into either a bachelor unit or a gym forthe 3.45% Current Capitalization Rate tenants resulting in higher rents/revenue. ▪ OPPORTUNITY TO CONVERT a large private patio into a barbecue or outdoor lounge area for the tenants.

3 Property Description

1744 Butler Ave is a 16-unit apartment building constructed in 1997. The unit mix consists of 13 2bed+2bath units, two 3bed+3bathroom units, and one guest NUMBER OF UNITS ZONING room unit. The property is a three-story 18,484 square building with wood frame 16 units [Q]R3-1 (Per Title Pro - Buyer to verify) and stucco construction over a semi-subterranean parking garage situated on a 13 2bed+2bath PARKING 11,655 square foot lot. Two 3bed+3bath 31 total spaces Tenants are welcomed into the building by a large atrium courtyard that features One guest room 10 tandem a central landscape area with large palm trees that extend up past the roof line. YEAR BUILT 11 single The units are all accessed by open corridors that provide natural light into the 1997 units. All of the units have central air, gas fireplaces, high ceilings and very large ASSESSOR PARCEL NUMBER open floor plans providing an investor the opportunity to complete their own BUILDING SIZE 4261-016-027 renovation plan and significantly increase rents. All units facing Butler Ave feature +18,484 SF (Per Title Pro - Buyer to French doors that lead to a large balcony. Some of the units have undergone an verify) extensive renovation program in the past two years and feature new flooring LAND SIZE throughout, new kitchen cabinets with black stainless-steel appliances including +11,665 SF (Per Title Pro - Buyer to Samsung refrigerators, and updated bathrooms. The three-bedroom units are verify) located on the third floor and feature higher ceilings and larger windows that let in more natural light. There is an opportunity to add additional amenities for tenants by converting a large room on the first floor into a recreational room. There is also an extra-large patio space on the third floor that is currently not being utilized. Adding soft seating and barbecue grills to the space would be a great amenity to tenants and would help the building demand premium rents.

Secured tuck-under parking is provided on-site with 31 spaces comprised of 10 tandem and 11 single spaces. Units are separately metered for electricity and gas, and the landlord pays for water and trash. The property also includes a laundry room on each floor with one washer and dryer that are owned by the landlord. A trash chute can be found inside the laundry rooms in each floor for tenants’ convenience.

4 Property Description

Property Location 1744 Butler Avenue is located just south of Santa Monica Boulevard, north of Olympic Boulevard and west of Interstate 405 in prime upscale West Los Angeles. The property is within walking distance of Sawtelle Japan Town and the retail corridor along Santa Monica Boulevard.

The proximity to both the Interstate 10 and 405 freeways allows tenants access to major employment centers including Santa Monica, Beverly Hills, the Olympic Corridor, Brentwood, Venice, Westwood, Century City, The South Bay, Downtown Los Angeles, and the San Fernando Valley. The Westside’s economy has expanded beyond entertainment in recent years as adjacent areas such as Playa Vista and Culver City have emerged as a major Southern California technology hub known as Silicon Beach. 1744 Butler Ave offers easy access to the world’s top tech and entertainment employers.

5 Exterior Photos

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9 CENTURY CITY DOWNTOWN LA

Aerial View Facing Downtown Los Angeles

10 SANTA MONICA

Aerial View Facing Santa Monica

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Brentwood and Westwood to the north, and Century City, Rancho Park and Montana Ave 10 r 20th St S Barrington Ave ¦¨§ A Fairfax Ave 14th St Castle Heights Ave Hughes Ave National Blvd Cheviot Hills to the east. This district contains Sawtelle Japan Town, an area Colorado Ave PalmsMotor BlvdAve W Jeﬀerson Blvd 1 7th St 10 National Blvd of Japanese- American culture along Sawtelle Boulevard. UV ¦¨§ Sawtelle Blvd CULVER CITY Duquesne Ave Rodeo Rd 23rd St PALMS Ocean Park Blvd Crenshaw Blvd Olympic Blvd Santa Monica Airport Santa Monica State Beach 16th St McLaughlin Ave JEFFERSON j SANTA MONICA Kenneth Hahn State Recreation Area Ocean Ave j S Centinela Ave 4th St Airport Ave LEIMERT PARK

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B A 14 l S v t d e S d S lv g s Nearby Developments

elton Ave Greenﬁeld Ave ▪ Linea Granville Ave Manning Ave Camden Ave Parnell Ave owlen r E 55A Sely Ave Barry Ave owlen r W Cotner Ave S Bentley Ave 2455 S. Sepulveda Blvd W orothy St Overland Ave Beloit Ave Massachusetts Ave Pontius Ave 595 Units arlington Ave Sawtelle Blvd Linea | 2455 S Sepulveda BlvdMayﬁeld Ave iowa Ave Delivered 2020 Stoner Ave elton Ave Developed by Carmel Partners, Linea is a new 595-unit apartmentGranvilleLandmark Ave building Apartments next to

▪ Landmark Apartments ochester Ave Beloit Ave eteran Ave the Expo/Sepulveda Metro station. S Westgate Ave WEST LOS ANGELES Wyoming Ave Massachusetts Ave 11750 Wilshire Blvd exas Ave 1650 Sawtelle Pelham Ave Goshen Ave La Grange Ave Landmark376 Units Apartments | 11750 Wilshire Blvd Missouri Ave Greenﬁeld Ave Overland Ave

S Sepulveda Blvd Under Construction Wilshire Blvd Malcolm Ave Currently under construction, Landmark Two is a new apartment development by Beloit Ave Westwood Blvd Coly Ave Mississippi Ave S Saltair Ave ▪ West Edge 55A utler Ave Cotner Ave Douglas Emmett. Landmark Two, scheduled for completion in 2022, has a Ohiototal Ave of Purdue Ave UV2 12101 W. Olympic Blvd Armacost Ave Idaho Ave 376 units. Brockton Ave S Bentley Ave Corinth Ave Glendon Ave 600 Units, 200,000 SF office and S Barrington Ave Midvale Ave S Bundy r 90,000 SF retail Amherst Ave West Edge | 12101 W Olympic Blvd eraska Ave Pontius Ave Under Construction S Saltair Ave

McClellan r ennessee Ave West Edge, a mixed-use building currently under construction from developer Granville Ave Camden Ave

Idaho Ave Sawtelle Blvd ▪ LUMEN West LA ochester Ave Hines will consist of 200,000 SF of creative office space, 90,000 SF of retail and 600 Stoner Ave 11355-11377 W Olympic Blvd ¦¨§45 apartments. Iowa Ave 54 Ohio Ave LUMEN West LA 120,000 SF of office and retail Midvale Ave 45 elton Ave ¦¨§ eteran Ave Franklin St Ayres Ave Under construction W Pico Blvd LUMEN West LA | 11355-11377Berkeley St W Olympic Blvd Federal Ave Missouri Ave On ButlerButler Ave Wellesley Ave Amherst Ave ▪ Expo Station Iowa Ave The under-construction LUMENStanford West St LA project from developers McCarthy Cook Linea S Carmelina Ave Exposition Blvd 12414 Exposition Blvd elton Ave and Northwood Investors will add approximately 120,000 square feet of new office Exposition Blvd eteran Ave Greenﬁeld Ave S Bentley Ave 80,340 SF creative office Centinela Ave Broadway La Grange Ave ennessee Ave and retail space to the property at 11355 W. Olympic Boulevard. Mississippi Ave Granville Ave Under construction ale St Military Ave Corinth Ave

ilden Ave Expo▪ On ButlerStation | 12414 Exposition Blvd. West Edge Purdue Ave Brookhaven Ave Colorado Ave Stanford St Exposition Blvd Berkeley St ichland Ave Pennsylvania Ave 11419 W Olympic Blvd Butler Ave Federal Ave Now under construction, Expo Station isStewart a St 3-story creative office development from Granville Ave Coly Ave Pearl St 77 units and 6,500 SF of retail W Olympic Blvd 3A Luzzato Company. The building is comprised of 80,340 SF. Exposition Blvd Under construction 3B eraska Ave Expo Station Sardis Ave ennessee Pl Pennsylvania Ave On▪ 1650 Butler Sawtelle | 11419 W Olympic Blvd S Carmelina Ave Amherst Ave 3A Butler Ave 1 1 ¨ Coly Ave ¦§ S Bentley Ave ¦¨§ Coolidge Ave 1650 Sawtelle Blvd Centinela Ave Graham Pl ilden Ave Olympic Blvd ennessee Ave Ayres Ave 2C Barry Ave On Butler is a 77-unit apartment building with 6,500 square feetExposition of retail Blvd space. 48 units 2B Stoner Ave Currently under construction, On Butler is developed by Hypericum Companies

irginia Ave Pearl St Gateway Blvd Under construction 26th St elaware Ave 2A ichland Ave ational Blvd 1650 Sawtelle | 1650 Sawtelle Blvd Developed by Nayssan Properties, 1650 Sawtelle will bring 48 apartment units to West LA. Linea 15 West Edge 2019 POPULATION Demographics

47,033 (+0.7% since 2010) 1 MILE 3 MILE 5 MILE POPULATION # % CHANGE # % CHANGE # % CHANGE 2010 Census 44,070 282,887 565,529 2019 Estimate 47,033 0.71% 295,744 0.48% 594,882 0.55% 2024 Projection 49,684 1.10% 303,825 0.54% 611,132 0.54% 2024 POPULATION HOUSEHOLD # % # % # % 2010 Census 22,502 129,217 261,771 49,684 (+1.1% est. over 2019) 2019 Estimate 23,675 0.55% 133,554 0.36% 273,494 0.47% 2024 Projection 24,811 0.94% 136,635 0.46% 280,160 0.48% ETHNICITY/RACE # % # % # % White 26,902 57.2% 191,346 64.7% 393,218 66.1% Black 1,270 2.7% 10,647 3.6% 30,934 5.2% MEDIAN AGE Asian 11,758 25.0% 56,783 19.2% 88,638 14.9% Hispanic Origin (Any Race) 8,607 18.3% 46,727 15.8% 108,269 18.2% 35.3 years old Other 18,859 40.1% 94,046 31.8% 170,731 28.7% EDUCATION # % # % # % Less than 9th grade 1,331 3.6% 5,947 2.8% 14,984 3.4% Some High School 1,146 3.1% 5,310 2.5% 11,458 2.6% High School Graduate 2,588 7.0% 15,929 7.5% 37,900 8.6% GED/Alternative Credential 185 0.5% 1,487 0.7% 3,085 0.7% EDUCATION Some College, no degree 4,807 13.0% 29,309 13.8% 65,664 14.9% Associate Degree 1,849 5.0% 10,407 4.9% 21,594 4.9% 68% have bachelor’s or higher Bachelor's Degree 14,642 39.6% 79,858 37.6% 160,854 36.5% Graduate/Professional Degree 10,390 28.1% 64,353 30.3% 125,158 28.4% WORKPLACE & INCOME # % # % # % Median Household Income $83,814 $89,719 $91,627 Average Household Income $118,073 $136,387 $139,612 AVERAGE INCOME All Employees 29,949 166,547 338,239 White Collar 24,528 81.9% 137,734 82.7% 276,680 81.8% $118,073 Blue Collar 3,893 13.0% 20,319 12.2% 42,280 12.5% Services 1,557 5.2% 8,494 5.1% 18,941 5.6% Daytime Population 84,751 474,736 901,453 Financial Summary

PRICING SUMMARY OPERATING STATEMENT SUMMARY Price $9,675,000 REVENUE IN-PLACE PRO FORMA Price Per Unit $604,688 Gross Potential Rent $520,488 $700,800 Price Per SF $523 Vacancy (3%) - (21,024) Current NOI $333,364 Net Rental Income $520,488 $679,776 Pro Forma NOI $505,173 Laundry Income 4,600 4,600 Cap Rate - Current 3.45% RUBS Income - 16,032 Cap Rate - Pro Forma 5.22% Effective Gross Income $525,088 $700,408 GRM - Current 18.4x ESTIMATED EXPENSES Per Unit Per Unit GRM - Pro Forma 13.4x Administrative $2,000 $125 $2,000 $125 Repairs & Maintenance 8,000 500 8,000 500 PROPERTY SUMMARY Turnover Expense 2,400 150 2,400 150 Year Built 1997 Management Fee (3.5%) 21,004 1,313 24,514 1,532 Total Units 16 Utilities 31,516 1,970 31,516 1,970 Building Area 18,484 SF Contract Services 4,800 300 4,800 300 APN# 4261-016-027 Property Taxes (1.17%) 113,611 7,101 113,611 7,101 Land Area 11,655 SF Direct Property Tax Assessment 1,993 125 1,993 125 Zoning [Q]R3-1 Insurance 6,000 375 6,000 375 Parking 31 Spaces Total Expenses $191,724 $11,983 $195,235 $12,202 11 Single, 10 Tandem Net Operating Income $333,364 $505,173 Expense Ratio (% of EGI) 37% ($10.37 PSF) 28% ($10.56 PSF)

RENT ROLL SUMMARY CURRENT PRO FORMA IN-PLACE TOTAL SCHEDULED TOTAL SCHEDULED AVERAGE MONTHLY GROSS AVG PRO MONTHLY GROSS LOSS TO LOSS TO NO. UNITS FLOOR PLAN RENT INCOME INCOME FORMA RENT INCOME INCOME LEASE LEASE % 1 Guest Room $2,000 $2,000 $24,000 $2,000 $2,000 $24,000 $0 0% 13 2B+2BA $2,686 $34,924 $419,088 $3,700 $48,100 $577,200 $158,112 38% 2 3B+3BA $3,225 $6,450 $77,400 $4,150 $8,300 $99,600 $22,200 29% Totals/WTD Avg. 16 $2,711 $43,374 $520,488 $3,650 $58,400 $700,800 $180,312 35%

17 Rent Roll

CURRENT PRO FORMA

OCCUPIED / SCHEDULED SCHEDULED UNIT VACANT UNIT TYPE CURRENT RENT GROSS INCOME MARKET RENT GROSS INCOME LOSS TO LEASE 101 Occupied 2B+2BA $2,999 $35,988 $3,700 $44,400 $701 102 Occupied 2B+2BA $2,525 $30,300 $3,700 $44,400 $1,175 103 Occupied 2B+2BA $2,750 $33,000 $3,700 $44,400 $950 104 Occupied 2B+2BA $2,525 $30,300 $3,700 $44,400 $1,175 105 Occupied 2B+2BA $2,525 $30,300 $3,700 $44,400 $1,175 201 Occupied 3B+3BA $3,200 $38,400 $4,150 $49,800 $950 202 Occupied 2B+2BA $2,425 $29,100 $3,700 $44,400 $1,275 203 Occupied 2B+2BA $2,700 $32,400 $3,700 $44,400 $1,000 204 Occupied 2B+2BA $2,525 $30,300 $3,700 $44,400 $1,175 205 Occupied 2B+2BA $2,700 $32,400 $3,700 $44,400 $1,000 206 Vacant Guest Room $2,000 $24,000 $2,000 $24,000 $0 301 Occupied 3B+3BA $3,250 $39,000 $4,150 $49,800 $900 302 Occupied 2B+2BA $3,500 $42,000 $3,700 $44,400 $200 303 Occupied 2B+2BA $2,525 $30,300 $3,700 $44,400 $1,175 304 Occupied 2B+2BA $2,525 $30,300 $3,700 $44,400 $1,175 305 Occupied 2B+2BA $2,700 $32,400 $3,700 $44,400 $1,000 Totals 16 18,484 SF $43,374 $520,488 $58,400 $700,800 $15,026 Loss To Lease % 35%

Rent Roll Summary CURRENT PRO FORMA AVG. IN-PLACE TOTAL MONTHLY AVG. PRO TOTAL MONTHLY NO.UNITS UNIT MIX % FLOOR PLAN RENT INCOME FORMA RENT INCOME LOSS TO LEASE 1 6% Guest Room $2,000 $2,000 $2,000 $2,000 $0 13 81% 2B+2BA $2,686 $34,924 $3,700 $48,100 $13,176 2 13% 3B+3BA $3,225 $6,450 $4,150 $8,300 $1,850 Total/WTD Avg. 100% 16 $2,711 $43,374 $3,650 $58,400 $15,026 Gross Potential Income $520,488 $700,800 $180,312 18 Sales Comparables

YEAR SALE CAP $ PER AVG # OF PROPERTY ADDRESS BUILT DATE SALE PRICE RATE GRM $PSF UNIT BLDG SF UNIT SF UNITS

1818 Camden Ave 1987 May-2019 $9,792,000 N/A N/A $511 $612,000 19,166 1,198 16 Los Angeles, CA 90025

1600 Camden Ave 1985 Feb-2019 $4,808,000 4.12% 15.7 $485 $601,000 9,918 1,240 8 Los Angeles, CA 90025

1751 S Bentley Ave 1986 Apr-2018 $4,385,000 3.08% 19.9 $571 $626,429 7,674 1,096 7 Los Angeles, CA 90025

1665 Manning Ave 2000 Feb-2018 $3,900,000 3.16% 19.6 $613 $650,000 6,358 1,060 6 Los Angeles, CA 90024

TOTAL / AVERAGE $22,885,000 3.48% 18.0 $531 $618,514 43,116 1,165 37

1744 BUTLER AVE 1997 $9,675,000 3.45% 18.4 $523 $604,688 18,484 1,155 16

19 Bringham Ave Fairurn Ave Malcolm Ave E emple Way

Manning Ave Holman Ave Bonsall Ave

Malcolm Ave Sely Ave Gorham Ave Wilkins Ave Holman Ave HadleyLn j Eastorne Ave San icente Blvd 55B owlen r E 1665 Manning Ave Prosser Ave Midvale Ave emple Way

orothy St 55B-C Parnell Ave Sales Comparables Camden Ave Glendon Ave Malcolm Ave

iowa Ave S Bentley Ave

Greenﬁeld Ave Pelham Ave arlington Ave elton Ave 1600 Camden Ave Manning Ave Granville Ave

55A owlen r W Goshen Ave Barry Ave Cotner Ave S Westgate Ave Massachusetts Ave Mayﬁeld Ave Sawtelle Blvd Beloit Ave Pontius Ave Missouri Ave

Overland Ave Stoner Ave elton Ave

Granville Ave 1751 S Bentley Ave ochester Ave Beloit Ave 1818 Camdeneteran Ave S Westgate Ave Wyoming Ave Massachusetts Ave WEST LOS ANGELES exas Ave

La Grange Ave Sely Ave 45 ¦¨§ Greenﬁeld Ave Ohio Ave Malcolm Ave Wilshire Blvd S Sepulveda Blvd Mississippi Ave ¦¨§45 Westwood Blvd Coly Ave Beloit Ave UV2 55A Purdue Ave Cotner Ave Idaho Ave Brockton Ave S Bentley Ave S Saltair Ave utler Ave Corinth Ave Glendon Ave

Amherst Ave S Barrington Ave Midvale Ave S Bundy r

eraska Ave W Olympic Blvd Pontius Ave

S Saltair Ave ennessee Ave Granville Ave Camden Ave

ochester Ave Idaho Ave Sawtelle Blvd Stoner Ave

54 Midvale Ave Ohio Ave Iowa Ave Armacost Ave

elton Ave Ayres Ave La Grange Ave eteran Ave W Pico Blvd

Granville Ave Centinela Ave Military Ave Missouri Ave Federal Ave Mississippi Ave Butler Ave Franklin St Wellesley Ave Amherst Ave S Carmelina Ave Iowa Ave

Exposition Blvd eteran Ave ennessee Ave

Exposition Blvd Colorado Ave eraska Ave Rent Comparables

PROPERTY ADDRESS UNIT TYPE RENT COMMENTS

Hardwood floors, stainless-steel appliances, controlled access, in unit laundry, garage parking, 11950 Idaho Ave Single1 $2,558 storage units.

Walk in closets, stainless-steel appliances, smart home technology, balcony, tile bathrooms, 1845 Butler Ave Single1 $2,194 carpet living area, fireplace, communal laundry.

Sleek cabinetry, quartz countertops, stainless-steel appliances, custom lighting and hardwood- 1929 Beloit Ave 2B+2BA $3,574 style vinyl flooring. Lavish in conveniences like air conditioning, an in-home washer and dryer, and your own private patio or balcony.

Fully remodeled, large master bedroom, walk-in closets, custom kitchen recessed lighting, 1432 S Saltair Ave 2B+2BA $3,895 custom tile floors, quartz countertops, stainless-steel appliances, in-unit laundry.

Bountiful natural light in each room, no window obstructions, large walk-in closets or large 2121 Beloit Ave 2B+2BA $3,900 sliding-door closets, granite kitchen counters.

In-unit laundry, gated garage parking, hardwood floors, granite countertops, refrigerator, 2114 Colby Ave 3B+2BA2 $3,995 dishwasher, oven, spacious bedrooms.

21 Rent Comparables

PROPERTY ADDRESS UNIT TYPE RENT COMMENTS

Laundry on-site, walk-in closet, master bath two-sink vanity, gas stovetop/oven, large fridge, 1658 Colby Ave 3B+2.5BA2 $4,300 dishwasher, large walk-in pantry, Venetian blinds, white stone fireplace.

Kitchen with stainless-steel appliances, in-unit laundry, laminate hardwood floors, gated 1518 Federal Ave 3B+3BA $4,195 single-spaced parking (2 spaces) plenty of closet space, central AC and heating.

1Market rents for single units were utilized to estimate subject’s guest room unit market rent

2Market rents for 3b+2ba and 3b+2.5ba units were utilized to estimate subject’s 3b+3ba market rent

SUMMARY SUBJECT UNIT TYPE # OF UNITS AVG RENT PROPERTY

Single 2 $2,376 $2,000

2B+2BA 3 $3,790 $3,700

3B+3BA 3 $4,163 $4,150

22 Bringham Ave Fairurn Ave Malcolm Ave E emple Way

Manning Ave Holman Ave Bonsall Ave

Malcolm Ave Sely Ave Gorham Ave Wilkins Ave Holman Ave HadleyLn j Eastorne Ave San icente Blvd 55B owlen r E Prosser Ave Midvale Ave emple Way

orothy St 55B-C Parnell Ave Camden Ave Glendon Ave Malcolm Ave

iowa Ave S Bentley Ave

Greenﬁeld Ave Pelham Ave arlington Ave Rent Comparables elton Ave Manning Ave Granville Ave

55A owlen r W Goshen Ave Barry Ave Cotner Ave S Westgate Ave Massachusetts Ave Mayﬁeld Ave Sawtelle Blvd Beloit Ave Pontius Ave Missouri Ave

Overland Ave Stoner Ave elton Ave

Granville Ave

ochester Ave Beloit Ave eteran Ave S Westgate Ave Wyoming Ave Massachusetts Ave WEST LOS ANGELES exas Ave

1518 Federal Ave La Grange Ave Sely Ave 45 ¦¨§ Greenﬁeld Ave Ohio Ave Malcolm Ave Wilshire Blvd S Sepulveda Blvd Mississippi Ave 1658 Colby Ave ¦¨§45 Westwood Blvd Coly Ave Beloit Ave UV2 55A Purdue Ave 1817 Corinth Ave Cotner Ave Idaho Ave Brockton Ave S Bentley Ave S Saltair Ave 1432 S Saltair Ave utler Ave Corinth Ave Glendon Ave Amherst Ave S Barrington Ave 1929 Beloit Ave Midvale Ave S Bundy r

eraska Ave W Olympic Blvd 2121 Beloit AvePontius Ave

S Saltair Ave 1845 Butler Ave ennessee Ave Granville Ave Camden Ave

ochester Ave Idaho Ave 11950 Idaho Ave Sawtelle Blvd Stoner Ave

54 Midvale Ave Ohio Ave Iowa Ave Armacost Ave

elton Ave Ayres Ave La Grange Ave eteran Ave W Pico Blvd

Granville Ave Centinela Ave 2114 Colby Ave Military Ave Missouri Ave Federal Ave Mississippi Ave Butler Ave Franklin St Wellesley Ave Amherst Ave S Carmelina Ave Iowa Ave

Exposition Blvd eteran Ave ennessee Ave

Exposition Blvd Colorado Ave eraska Ave Los Angeles Multifamily Investment Group

The information provided herein was obtained from sources John Swartz Josh Kaplan Troy Lucero Transwestern believed reliable; however, Transwestern makes no guarantees, Managing Director Managing Director Senior Associate 601 S. Figueroa St, Suite 3650 warranties or representations as to the completeness 213.430.2526 213.430.2538 213.457.1656 Los Angeles, CA 90017 of accuracy thereof. The presentation of this property is [email protected] [email protected] [email protected] 213.624.5700 submitted subject to errors, omissions, change of price or conditions, prior to sale or lease, or withdrawl without notice. CA Lic 01873487 CA Lic 01934177 CA Lic 02015701 transwestern.com Copyright © 2020 Transwestern. CA Lic 01263636.