LIST PRICE: $2,699,000 5% CAP RATE / 15.6 GRM GREEN-CERTIFIED SEPTEMBER COMPLETION 961 NORTH SAINT ANDREWS PL, HOLLYWOOD, CA 90004

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Gavin Sutton
5 years ago
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OFFERING MEMORANDUM NEW CONSTRUCTION FOUR UNIT PRIME HOLLYWOOD NEIGHBORHOOD 961 NORTH SAINT ANDREWS PL, HOLLYWOOD, CA 90004 LIST PRICE: $2,699,000 5% CAP RATE / 15.

1 OFFERING MEMORANDUM NEW CONSTRUCTION FOUR UNIT PRIME HOLLYWOOD NEIGHBORHOOD 961 NORTH SAINT ANDREWS PL, HOLLYWOOD, CA LIST PRICE: $2,699,000 5% CAP RATE / 15.6 GRM GREEN-CERTIFIED SEPTEMBER COMPLETION SETH HAMILTON Seth@StreetlampPartners.com BRE# Streetlamp Partners, LLC. is a managing partner in this development. All marketing information provided by Citivest Realty Services, BRE #

2 THE OFFERING Streetlamp Partners are pleased to present another new construction four-unit property. This offering consists of two huge standalone duplexes, with each of the four units averaging four beds, four baths, 1,673 sf. of living space, and two parking spaces. As is with all of our properties, Saint Andrews is a warrantied and Green Certified building offering the investor a trouble free and low maintenance investment. The tenants will enjoy private and spacious living in townhome style units with only one common wall, private laundry rooms in each unit, and motorized security gated parking. All units are separately metered for electricity, water, and gas. The common areas utilize a landlord s fifth water and power meter servicing water-efficient landscape and LED exterior lighting. 961 N Saint Andrews Place is in a hot pocket of Hollywood located just East of Larchmont Village that is rapidly redeveloping, and in the midst of a substantial increase in value and rents. Much of the buzz over this neighborhood is due the central location and walkability. Within a five minute walk tenants will have access to Paramount Pictures, entertainment at Hollywood Forever and Hollywood Improv, Dining at Baroo, and public transportation. Final inspections are underway as of August, and completion of the property is expected late September Please feel free to reach out to us with any questions regarding this opportunity. 2

3 TABLE OF CONTENTS 01 T H E O F F E R I N G 4 Property Overview 5 Property Details 6 Rent Roll 09 S I T E P L A N S 11 Floor Plans 14 THE NEIGHBORHOOD 16 Area Map 17 Neighborhood Area 18 Attractions 19 Contact 3

4 PROPERTY OVERVIEW 4

5 PROPERTY DETAILS 5

6 RENT ROLL PUBLICALY LISTED RENTAL COMPS 6

7 PUBLICALY LISTED SALE COMPS 7

8 SITE PLAN 8

9 SITE PLAN 9

10 PLANS first floor plan 10

11 PLANS second floor plan 11

12 PLANS third floor plan 12

13 AERIAL VIEW 13

14 OPEN FLOOR PLANS PRIVATE LAYOUTS 14

15 QUALITY FINISHES LUXURY LIVING 15

16 LOW MAINTENANCE GREEN CERTIFIED 16

17 HOLLYWOOD AREA MAP 17

18 NEIGHBORHOOD 0.8 Miles Lab Coffee & Roasters 1.1 Miles Twirl Swirl 0.3 Miles to Tlayuda L.A. Restaurant 0.9 Miles to Balcony Coffee and Tea WALK SCORE WALK 86 % ( Very Walkable ) BIKE 60% TRANSIT 58% (Good Transit) 18

19 ATTRACTIONS 19

4924 NORTH LAUREL CANYON BLVD, VALLEY VILLAGE, CA 90029 OFF MARKET NEW

8 GRM GREEN-CERTIFIED FINAL INSPECTION AUGUST SEPTEMBER COMPLETION SETH

com DRE: 01897619 Streetlamp Partners, LLC is a managing partner in

20 4924 NORTH LAUREL CANYON BLVD, VALLEY VILLAGE, CA OFF MARKET NEW CONSTRUCTION FOUR UNIT OFFERED AT: $2,849, % CAP RATE 14.8 GRM GREEN-CERTIFIED FINAL INSPECTION AUGUST SEPTEMBER COMPLETION SETH HAMILTON DRE: Streetlamp Partners, LLC is a managing partner in this development. All marketing information provided by Citivest Realty Services, DRE # SAMPLE FINISHES

648 NORTH SERRANO AVENUE, HOLLYWOOD, CA 90004 OFF

COMPLETION OCTOBER SETH HAMILTON 714.397.

com DRE: 01897619 Streetlamp Partners, LLC is a

21 648 NORTH SERRANO AVENUE, HOLLYWOOD, CA OFF MARKET NEW CONSTRUCTION FOUR UNIT OFFERED AT: $2,600, % CAP RATE 14.7 GRM GREEN-CERTIFIED FINAL INSPECTION IN SEPTEMBER COMPLETION OCTOBER SETH HAMILTON DRE: Streetlamp Partners, LLC is a managing partner in this development. All marketing information provided by Citivest Realty Services, DRE # SAMPLE FINISHES

CONTACT INFO PLEASE VISIT: FOR MORE INFORMATION ON OUR UPCOMING PROPERTIES. Information Provided by: Seth Hamilton, BRE # 01897619 Citivest Realty Services, BRE # 01875823 2.

22 CONTACT INFO PLEASE VISIT: FOR MORE INFORMATION ON OUR UPCOMING PROPERTIES. Information Provided by: Seth Hamilton, BRE # Citivest Realty Services, BRE # % Cooperating Broker Compensation The information contained herein is not a substitute for a thorough independent due diligence investigation. Owner/Developer/ Agent are not qualified to discuss or advise on legal, accounting, or other matters outside of those permitted by state law. Owner/Developer/Agent have 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 SETH@STREETLAMPPARTNERS.com

LIST PRICE: $2,849, % CAP RATE / 14.8 GRM / GREEN-CERTIFIED / NOVEMBER COMPLETION

LIST PRICE: $2,849, % CAP RATE / 14.8 GRM / GREEN-CERTIFIED / NOVEMBER COMPLETION NEW CONSTRUCTION FOUR UNIT 4924 LAUREL CANYON BOULEVARD, VALLEY VILLAGE, CA 91607 LIST PRICE: $2,849,000 4.9% CAP RATE / 14.8 GRM / GREEN-CERTIFIED / NOVEMBER COMPLETION Streetlamp Partners, LLC. is a