offering memorandum
932 S. SHENANDOAH ST. LOS ANGELES, CA 90035 6 UNITS - FULL RENOVATION COMPLETED IN 2007 $3,495,000
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
OFFERING MEMORANDUM
DISCLAIMER This is a confidential Offering Memorandum (“OM”) intended solely for your limited use and benefit in determining whether you desire to express any further interest in the purchase of the Property. This OM was prepared by Coldwell Banker Commercial NRT (“CBC’’) and has been reviewed by representatives of Ownership. It contains selected information pertaining to the Property and does not purport to be all-inclusive or to contain all of the information that prospective purchasers may desire. It should be noted that all information provided is for general reference purposes only in that they are based on assumptions relating to the general economy, competition, and other factors beyond the control of Ownership and, therefore, are subject to material variation. Additional information and an opportunity to inspect the Property will be made available to interested and qualified prospective purchasers. Neither Ownership nor CBC nor any of their respective officers have made any representation or warranty, expressed or implied, as to the accuracy or completeness of this OM, any of its contents, or any other materials provided as a courtesy to facilitate prospective purchaser’s own investigations of the Property and no legal commitments or obligations shall arise by reason of this OM, its contents or any further information provided by CBC regarding the Property. It is essential that all parties to real estate transactions be aware of the health, liability and economic impact of environmental factors on real estate. CBC does not conduct investigations or analyses of environmental matters and, accordingly, urges its clients to retain qualified environmental professionals to determine whether hazardous or toxic wastes or substances (such as asbestos, PCBs and other contaminants or petro-chemical products stored in underground tanks) or other undesirable materials or conditions are present at the Property and, if so, whether any health danger or other liability exists. Such substances may have been used in the construction or operation of buildings or may be present as a result of previous activities at the Property. Various laws and regulations have been enacted at the federal, state and local levels dealing with the use, storage, handling, removal, transport and disposal of toxic or hazardous wastes and substances. Depending upon past, current and proposed uses of the Property, it may be prudent to retain an environmental expert to conduct a site investigation and/or building inspection. If such substances exist or are contemplated to be used at the Property, special governmental approvals or permits may be required. In addition, the cost of removal and disposal of such materials may be substantial. Consequently, legal counsel and technical experts should be consulted where these substances are or may be present. Ownership and CBC expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase the Property and/or terminate discussions with any entity at any time with or without notice. Ownership shall have no legal commitment or obligation to any entity reviewing this OM or making an offer to purchase the Property unless and until a written commitment to purchase the Property has been fully executed, delivered, and approved by Ownership and any conditions to Ownership’s obligations thereunder have been satisfied or waived. Except for representations and warranties expressly set forth in such definitive, executed purchase and sale agreement, Ownership makes and will make no representations and warranties regarding the Property and any prospective purchaser must rely entirely on its own investigations and those of its agents and consultants. By receipt of this OM, you agree that this OM and its contents are of a confidential nature, that you hold and treat it in the strictest confidence, and that you will not disclose this OM or any of its contents to any other entity without the prior written authorization of Ownership nor will you use this OM or any of its contents in any fashion or manner detrimental to the interest of Ownership or CBC. The terms and conditions stated in this section will relate to all of the sections of the OM as if stated independently therein. If, after reviewing this OM, you have no further interest in purchasing the Property at this time, kindly return this OM to CBC at your earliest possible convenience. Photocopying or other duplication is not authorized.
PAGE 2
TABLE OF CONTENTS
PRICING+FINANCIALS
4
PROPERTY PHOTOS
11
OFFERING SUMMARY
5
LOCATION MAPS
16
FINANCIAL OVERVIEW
6
AERIAL MAP
18
INCOME + EXPENSE
7
PLAT MAP
19
TENANT SUMMARY
8
DEMOGRAPHIC REPORT
20
PROPERTY DESCRIPTION
9
CONTACT
21
PROPERTY SUMMARY
10
932 S. SHENANDOAH ST LOS ANGELES, CA 90035
PAGE 4
PRICING+ FINANCIALS
APN
4333-012-040
UNIT MIX
# OF UNITS
MONTHLY TOTAL
ANNUAL TOTAL
APX BUILDING SF
6,514 SF
2+2
4
$9,785
$117,420
APX LOT SF
6,397 SF
2+3
1
$3,250
$39,000
PARKING
5
3+3
1
$2,595
$31,140
NUMBER OF UNITS
6
TOTAL
6
$15,630
$187,560
YEAR BUILT
1953
YEAR RENOVATED
2007
NUMBER OF STORIES
2
ZONING
LAR3
UTILITIES (METERING)
Seperately Metered for Gas and Electric. Owner Pays Water & Trash
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 5
OFFERING SUMMARY
Pro Forma Income/Expense
INVESTMENT SUMMARY Price:
UNIT MIX & ANNUAL SCHEDULED INCOME
$3,495,000
Year Built:
RSF:
$136,800
6
2+3
1
$39,000
$39,000
$42,000
$42,000
$582,500
3+3
1
$31,140
$31,140
$36,000
$36,000
TOTALS
6
6,514
Floors:
2 4333-012-040
Cap Rate:
3.45%
Market Cap Rate:
4.17%
GRM:
18.63
Market GRM:
16.27
FINANCING SUMMARY Loan Amount:
$1,747,500
Down Payment:
$1,747,500
Monthly Payment: DCR:
$187,560
$214,800
ANNUALIZED INCOME Actual
Market
Gross Potential Rent Less: Vacancy Effective Gross Income
$187,560 ($5,627) $181,933
$214,800 ($6,444) $208,356
Less: Expenses Net Operating Income
($61,470) $120,463
($62,456) $145,900
Debt Service Net Cash Flow after Debt Service
($100,114) $20,349
($100,114) $45,786
$30,774 $51,123
$30,774 $76,560
Principal Reduction Total Return
Fixed 4%
ANNUALIZED EXPENSES
5 years $8,343 1.2
Actual Property Management Fee Property Tax Insurance Repair & Maintenance Gardener Trash Utility Total Expenses
Market
$5,458 $43,688 $2,794 $2,381 $890 $2,104 $4,156
$6,444 $43,688 $2,794 $2,381 $890 $2,104 $4,156
$61,470
$62,456
Expenses Per RSF
$9.44
$9.59
Expenses Per Unit
$10,245
$10,409
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected] page 2 of 4
PAGE 6
Total
$34,200
6,397 sf
Term:
Market
$117,420
Lot Size:
Interest Rate:
Total
$29,355
$536.54
Loan Type:
Actual 4
Price/RSF:
APN:
Units
2+2
Units: Price/Unit:
Type
1953
FINANCIAL OVERVIEW NRT
Pro Forma Income/Expense
INCOME Actual Gross Potential Rent Less: Vacancy Effective Gross Income
Per Unit
Market
Per Unit
$187,560
$31,260
$214,800
$35,800
($5,627)
($938)
($6,444)
($1,074)
$181,933
$30,322
$208,356
$34,726
OPERATING EXPENSES Actual Property Management Fee Property Tax
Per Unit
Per Unit
$5,458
$910
$6,444
$1,074
$43,688
$7,281
$43,688
$7,281
Insurance
$2,794
$466
$2,794
$466
Repair & Maintenance
$2,381
$397
$2,381
$397
$890
$148
$890
$148
Trash
$2,104
$351
$2,104
$351
Utility
$4,156
$693
$4,156
$693
Total Expenses
($61,470)
($10,245)
($62,456)
($10,409)
Net Operating Income
$120,463
$20,077
$145,900
$24,317
Gardener
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected] page 1 of 4
PAGE 7
Market
INCOME+ EXPENSES NRT
UNIT
UNIT TYPE
LEASE EXPIRATION
CURRENT RENT
PROFORMA RENT
PARKING
1
3+2.5
MTM
2,595.00
3,000.00
0
2
2+2
MTM
2,395.00
2,800.00
1
3
2+3
05/31/16
3,250.00
3,500.00
1
TOWNHOUSE
4
2+2
MTM
2,600.00
3,000.00
1
TOWNHOUSE
5
2+2
05/31/16
2,395.00
2,800.00
1
6
2+2
MTM
2,395.00
2,800.00
1
TOTAL MONTHLY
$15,630
$17,900
TOTAL ANNUALLY
$187,560
$214,800
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 8
STYLE
TENANT SUMMARY
932 S. SHENANDOAH ST LOS ANGELES, CA 90035
PAGE 9
PROPERTY DESCRIPTION
PROPERTY DESCRIPTION A rare opportunity to acquire a completely renovated 6 unit apartment building in prime Beverly Hills adjacent location. 90% new construction, completely renovated in 2007 from inside out! All major components have been updated and the structure has been reinforced during the renovation. Copper plumbing, updated electrical, new HVAC, and new Water Heaters. Interior of the units showcases finishes you’ll only see in condos or homes. These large apartment homes have beautiful open floor-plan and washer/ Dryer in every unit. Hardwood floors, custom kitchen & bath, central Air and heat and many more high-end features. Building consists of four 2+2, one 3+3 and one 2+3 units. 2 of the units are town home style units.
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 10
BUILDING HIGHLIGHTS •
Full Renovation In 2007, Turn-Key Asset
•
Highly Improved Building With Almost No Deferred Maintenance
•
New Hvac For All 6 Units With Central Air And Heat
•
Copper Plumbing & Updated Electrical
•
Updated Exterior Shear Wall
•
Separately Metered For Gas And Electric
•
Individual Water Heater for Each Unit
•
Professional Landscaping
•
Surveillance Exterior Camera With Viewing Access From Each Unit
UNIT INTERIOR HIGHLIGHTS - ALL UNITS •
Full Renovation In 2007
•
Hardwood Floors : Bamboo Or Mahogany
•
Custom Kitchen With: •
Custom Oak Or Mahogany Kitchen Cabinets
•
Caesar Stone Counter-Tops
•
Stainless Steel Appliances And Washer & Dryer In Every Unit
•
Built-In Speakers
•
Prewired For Alarm, Internet & Cable
•
Dual Pane Windows
•
Bathrooms With Custom Tile Work And Highest Quality Finishes
•
Unit #3 & Unit 4 is Townhouse Style
PROPERTY SUMMARY & FEATURES
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 11
PROPERTY PHOTOS
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 12
PROPERTY PHOTOS
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 13
PROPERTY PHOTOS
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 14
PROPERTY PHOTOS
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 15
PROPERTY PHOTOS
BEVERLY HILLS
MIRACLE MILE
CENTURY CITY
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 16
LOCATION MAP
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 17
REGIONAL MAP
SHENANDOA H STREET
OLYMPIC BOULEVARD
N SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 18
AERIAL MAP
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 19
PLAT MAP
Radius
1 Mile
3 Mile
5 Mile
2020 PROJECTION
49,124
339,826
933,975
2015 ESTIMATE
47,629
329,582
903,755
2010 CENSUS
45,882
317,861
862,020
GROWTH 2015-2020
3.14%
3.11%
3.34%
GROWTH 2010-2015
3.81%
3.69%
4.84%
2015 POPULATION HISPANIC ORIGIN
4,292
70,075
269,112
WHITE
37,796
240,578
594,542
BLACK
3,077
37,931
117,450
217
3,185
11,043
4,390
35,183
147,881
27
542
1,750
2,123
12,163
31,091
2020 PROJECTION
22,732
157,522
402,432
2015 ESTIMATE
22,071
152,972
389,680
2010 CENSUS
21,414
148,554
373,669
GROWTH 2015 - 2020
2.99%
2.97%
3.27%
GROWTH 2010 - 2015
3.07%
2.97%
4.28%
OWNER OCCUPIED
6,132
48,889
112,072
RENTER OCCUPIED
15,938
104,083
277,608
2015 AVG HOUSEHOLD INCOME
$100,386
$96,411
$83,365
2015 MED HOUSEHOLD INCOME
$69,643
$64,988
$52,971
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
OFFERING MEMORANDUM
DISCLAIMER This is a confidential Offering Memorandum (“OM”) intended solely for your limited use and benefit in determining whether you desire to express any further interest in the purchase of the Property. This OM was prepared by Coldwell Banker Commercial NRT (“CBC’’) and has been reviewed by representatives of Ownership. It contains selected information pertaining to the Property and does not purport to be all-inclusive or to contain all of the information that prospective purchasers may desire. It should be noted that all information provided is for general reference purposes only in that they are based on assumptions relating to the general economy, competition, and other factors beyond the control of Ownership and, therefore, are subject to material variation. Additional information and an opportunity to inspect the Property will be made available to interested and qualified prospective purchasers. Neither Ownership nor CBC nor any of their respective officers have made any representation or warranty, expressed or implied, as to the accuracy or completeness of this OM, any of its contents, or any other materials provided as a courtesy to facilitate prospective purchaser’s own investigations of the Property and no legal commitments or obligations shall arise by reason of this OM, its contents or any further information provided by CBC regarding the Property. It is essential that all parties to real estate transactions be aware of the health, liability and economic impact of environmental factors on real estate. CBC does not conduct investigations or analyses of environmental matters and, accordingly, urges its clients to retain qualified environmental professionals to determine whether hazardous or toxic wastes or substances (such as asbestos, PCBs and other contaminants or petro-chemical products stored in underground tanks) or other undesirable materials or conditions are present at the Property and, if so, whether any health danger or other liability exists. Such substances may have been used in the construction or operation of buildings or may be present as a result of previous activities at the Property. Various laws and regulations have been enacted at the federal, state and local levels dealing with the use, storage, handling, removal, transport and disposal of toxic or hazardous wastes and substances. Depending upon past, current and proposed uses of the Property, it may be prudent to retain an environmental expert to conduct a site investigation and/or building inspection. If such substances exist or are contemplated to be used at the Property, special governmental approvals or permits may be required. In addition, the cost of removal and disposal of such materials may be substantial. Consequently, legal counsel and technical experts should be consulted where these substances are or may be present. Ownership and CBC expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase the Property and/or terminate discussions with any entity at any time with or without notice. Ownership shall have no legal commitment or obligation to any entity reviewing this OM or making an offer to purchase the Property unless and until a written commitment to purchase the Property has been fully executed, delivered, and approved by Ownership and any conditions to Ownership’s obligations thereunder have been satisfied or waived. Except for representations and warranties expressly set forth in such definitive, executed purchase and sale agreement, Ownership makes and will make no representations and warranties regarding the Property and any prospective purchaser must rely entirely on its own investigations and those of its agents and consultants. By receipt of this OM, you agree that this OM and its contents are of a confidential nature, that you hold and treat it in the strictest confidence, and that you will not disclose this OM or any of its contents to any other entity without the prior written authorization of Ownership nor will you use this OM or any of its contents in any fashion or manner detrimental to the interest of Ownership or CBC. The terms and conditions stated in this section will relate to all of the sections of the OM as if stated independently therein. If, after reviewing this OM, you have no further interest in purchasing the Property at this time, kindly return this OM to CBC at your earliest possible convenience. Photocopying or other duplication is not authorized.
PAGE 2
TABLE OF CONTENTS
PRICING+FINANCIALS
4
PROPERTY PHOTOS
11
OFFERING SUMMARY
5
LOCATION MAPS
16
FINANCIAL OVERVIEW
6
AERIAL MAP
18
INCOME + EXPENSE
7
PLAT MAP
19
TENANT SUMMARY
8
DEMOGRAPHIC REPORT
20
PROPERTY DESCRIPTION
9
CONTACT
21
PROPERTY SUMMARY
10
932 S. SHENANDOAH ST LOS ANGELES, CA 90035
PAGE 4
PRICING+ FINANCIALS
APN
4333-012-040
UNIT MIX
# OF UNITS
MONTHLY TOTAL
ANNUAL TOTAL
APX BUILDING SF
6,514 SF
2+2
4
$9,785
$117,420
APX LOT SF
6,397 SF
2+3
1
$3,250
$39,000
PARKING
5
3+3
1
$2,595
$31,140
NUMBER OF UNITS
6
TOTAL
6
$15,630
$187,560
YEAR BUILT
1953
YEAR RENOVATED
2007
NUMBER OF STORIES
2
ZONING
LAR3
UTILITIES (METERING)
Seperately Metered for Gas and Electric. Owner Pays Water & Trash
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 5
OFFERING SUMMARY
Pro Forma Income/Expense
INVESTMENT SUMMARY Price:
UNIT MIX & ANNUAL SCHEDULED INCOME
$3,495,000
Year Built:
RSF:
$136,800
6
2+3
1
$39,000
$39,000
$42,000
$42,000
$582,500
3+3
1
$31,140
$31,140
$36,000
$36,000
TOTALS
6
6,514
Floors:
2 4333-012-040
Cap Rate:
3.45%
Market Cap Rate:
4.17%
GRM:
18.63
Market GRM:
16.27
FINANCING SUMMARY Loan Amount:
$1,747,500
Down Payment:
$1,747,500
Monthly Payment: DCR:
$187,560
$214,800
ANNUALIZED INCOME Actual
Market
Gross Potential Rent Less: Vacancy Effective Gross Income
$187,560 ($5,627) $181,933
$214,800 ($6,444) $208,356
Less: Expenses Net Operating Income
($61,470) $120,463
($62,456) $145,900
Debt Service Net Cash Flow after Debt Service
($100,114) $20,349
($100,114) $45,786
$30,774 $51,123
$30,774 $76,560
Principal Reduction Total Return
Fixed 4%
ANNUALIZED EXPENSES
5 years $8,343 1.2
Actual Property Management Fee Property Tax Insurance Repair & Maintenance Gardener Trash Utility Total Expenses
Market
$5,458 $43,688 $2,794 $2,381 $890 $2,104 $4,156
$6,444 $43,688 $2,794 $2,381 $890 $2,104 $4,156
$61,470
$62,456
Expenses Per RSF
$9.44
$9.59
Expenses Per Unit
$10,245
$10,409
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected] page 2 of 4
PAGE 6
Total
$34,200
6,397 sf
Term:
Market
$117,420
Lot Size:
Interest Rate:
Total
$29,355
$536.54
Loan Type:
Actual 4
Price/RSF:
APN:
Units
2+2
Units: Price/Unit:
Type
1953
FINANCIAL OVERVIEW NRT
Pro Forma Income/Expense
INCOME Actual Gross Potential Rent Less: Vacancy Effective Gross Income
Per Unit
Market
Per Unit
$187,560
$31,260
$214,800
$35,800
($5,627)
($938)
($6,444)
($1,074)
$181,933
$30,322
$208,356
$34,726
OPERATING EXPENSES Actual Property Management Fee Property Tax
Per Unit
Per Unit
$5,458
$910
$6,444
$1,074
$43,688
$7,281
$43,688
$7,281
Insurance
$2,794
$466
$2,794
$466
Repair & Maintenance
$2,381
$397
$2,381
$397
$890
$148
$890
$148
Trash
$2,104
$351
$2,104
$351
Utility
$4,156
$693
$4,156
$693
Total Expenses
($61,470)
($10,245)
($62,456)
($10,409)
Net Operating Income
$120,463
$20,077
$145,900
$24,317
Gardener
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected] page 1 of 4
PAGE 7
Market
INCOME+ EXPENSES NRT
UNIT
UNIT TYPE
LEASE EXPIRATION
CURRENT RENT
PROFORMA RENT
PARKING
1
3+2.5
MTM
2,595.00
3,000.00
0
2
2+2
MTM
2,395.00
2,800.00
1
3
2+3
05/31/16
3,250.00
3,500.00
1
TOWNHOUSE
4
2+2
MTM
2,600.00
3,000.00
1
TOWNHOUSE
5
2+2
05/31/16
2,395.00
2,800.00
1
6
2+2
MTM
2,395.00
2,800.00
1
TOTAL MONTHLY
$15,630
$17,900
TOTAL ANNUALLY
$187,560
$214,800
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 8
STYLE
TENANT SUMMARY
932 S. SHENANDOAH ST LOS ANGELES, CA 90035
PAGE 9
PROPERTY DESCRIPTION
PROPERTY DESCRIPTION A rare opportunity to acquire a completely renovated 6 unit apartment building in prime Beverly Hills adjacent location. 90% new construction, completely renovated in 2007 from inside out! All major components have been updated and the structure has been reinforced during the renovation. Copper plumbing, updated electrical, new HVAC, and new Water Heaters. Interior of the units showcases finishes you’ll only see in condos or homes. These large apartment homes have beautiful open floor-plan and washer/ Dryer in every unit. Hardwood floors, custom kitchen & bath, central Air and heat and many more high-end features. Building consists of four 2+2, one 3+3 and one 2+3 units. 2 of the units are town home style units.
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 10
BUILDING HIGHLIGHTS •
Full Renovation In 2007, Turn-Key Asset
•
Highly Improved Building With Almost No Deferred Maintenance
•
New Hvac For All 6 Units With Central Air And Heat
•
Copper Plumbing & Updated Electrical
•
Updated Exterior Shear Wall
•
Separately Metered For Gas And Electric
•
Individual Water Heater for Each Unit
•
Professional Landscaping
•
Surveillance Exterior Camera With Viewing Access From Each Unit
UNIT INTERIOR HIGHLIGHTS - ALL UNITS •
Full Renovation In 2007
•
Hardwood Floors : Bamboo Or Mahogany
•
Custom Kitchen With: •
Custom Oak Or Mahogany Kitchen Cabinets
•
Caesar Stone Counter-Tops
•
Stainless Steel Appliances And Washer & Dryer In Every Unit
•
Built-In Speakers
•
Prewired For Alarm, Internet & Cable
•
Dual Pane Windows
•
Bathrooms With Custom Tile Work And Highest Quality Finishes
•
Unit #3 & Unit 4 is Townhouse Style
PROPERTY SUMMARY & FEATURES
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 11
PROPERTY PHOTOS
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 12
PROPERTY PHOTOS
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 13
PROPERTY PHOTOS
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
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PROPERTY PHOTOS
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
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PROPERTY PHOTOS
BEVERLY HILLS
MIRACLE MILE
CENTURY CITY
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 16
LOCATION MAP
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 17
REGIONAL MAP
SHENANDOA H STREET
OLYMPIC BOULEVARD
N SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 18
AERIAL MAP
SUSAN LAU, ASSOCIATE | CA01516710 310.979.3960 | [email protected] ERIC SACKLER, DIRECTOR | CA01057377 310.979.4990 | [email protected]
PAGE 19
PLAT MAP
Radius
1 Mile
3 Mile
5 Mile
2020 PROJECTION
49,124
339,826
933,975
2015 ESTIMATE
47,629
329,582
903,755
2010 CENSUS
45,882
317,861
862,020
GROWTH 2015-2020
3.14%
3.11%
3.34%
GROWTH 2010-2015
3.81%
3.69%
4.84%
2015 POPULATION HISPANIC ORIGIN
4,292
70,075
269,112
WHITE
37,796
240,578
594,542
BLACK
3,077
37,931
117,450
217
3,185
11,043
4,390
35,183
147,881
27
542
1,750
2,123
12,163
31,091
2020 PROJECTION
22,732
157,522
402,432
2015 ESTIMATE
22,071
152,972
389,680
2010 CENSUS
21,414
148,554
373,669
GROWTH 2015 - 2020
2.99%
2.97%
3.27%
GROWTH 2010 - 2015
3.07%
2.97%
4.28%
OWNER OCCUPIED
6,132
48,889
112,072
RENTER OCCUPIED
15,938
104,083
277,608
2015 AVG HOUSEHOLD INCOME
$100,386
$96,411
$83,365
2015 MED HOUSEHOLD INCOME
$69,643
$64,988
$52,971
