6 Home SLO Development Site 1401 W. Eagle Vista Drive Los Angeles, CA 90041

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1 Close with RTI building permits for 6 SLO Homes Corner lot located north of trendy Colorado Blvd Total Land Area: 11,842 SF [Flat land] Located North of Colorado Blvd in one of the most desirable areas of Eagle Rock Units range in size from 2,000 to 2,234 SF Price: $1,799,000

2 This brochure has been prepared to provide summary, unverified information to interested parties, and to establish only a preliminary level of interest in the subject development opportunity. The information contained in this brochure has been obtained from sources we believe to be reliable. However, Evanisko Realty & Investment, Inc. has not verified, and will not verify, any of the information contained herein, nor has Evanisko Realty & Investment, Inc. conducted any investigation regarding theses matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All interested parties must take appropriate measures to verify all of the information set forth herein. Please contact Evanisko Realty & Investment, Inc. for additional information and/or guidance pertaining to this opportunity. All offers and correspondence regarding this opportunity are to be directed to: David Melaugh: Melaugh@evaniskorealty.com Phone: (818) Fax: (818) Evanisko Realty & Investment, Inc. BRE

3 Page 4: Property Summary Page 5: Eagle Rock Boundary Map Page 6: Eagle Rock SLO Market Info Page 7: Site Location Page 8: Project Square Footage Breakdown Page 9: Site Plan Page 10: Parcel Map Page 11: Zimas Page 12: Sale Comparable #1 Page 13: Sale Comparable #2 Page 14: Street View Corner Page 15: Street View North & South Page 16: Transactional Guidance Table of Contents

4 APN: Land Area: 11,842 SF Zoning: RD1.5-1 General Plan: Low Medium II Residential Entitlements: Fully approved plans for 6 SLO homes. Close with RTI Permits Existing Improvements: Triplex. Will be delivered vacant at COE Topography: Flat Unit Breakdown: Council District: City of Los Angeles CD14 Jose Huizar General Plan: Low Medium II Residential Price: $1,799,000 The subject property consists of a single story triplex, on a flat corner lot, with fully approved plans for 6 SLO homes. The future development will be 6 small lot homes which are three stories in height and have a direct attached garage. Each home will have 3 bedrooms/3 bathrooms inclusive of a full bathroom on the ground floor. The existing triplex will be delivered vacant at close of escrow and RTI building permit status will be issued in the near future (RTI permits can be a condition of closing). This fully approved/non-appealable project will afford a builder the opportunity to construct an infill development within close proximity to many institutional home builder projects. Eagle Rock has seen a tremendous appreciation in recent years with the current average price per foot of $592; a 15% increase from the same period in The site is located North of Colorado Blvd in one of the most desirable areas of Eagle Rock. Conveniently located near Eagle Rock's best restaurants - Little Beast, Cindy's Diner, Cacaos and Casa Bianca. Walking distance to Found Coffee, Trader Joes, and Eagle Rock Beer Cellar. CONTACT BROKER FOR A DETAILED DUE DILIGENCE PACKAGE Property Summary 4

5 Eagle Rock Boundary Map 5

6 Subject Property Eagle Rock Blvd 38 SLO Units -2 Eagle Rock Blvd 45 SLO Units -3 Yosemite Drive 10 SLO Units -4 Toland Way 15 SLO Units -5 Ellenwood Drive 19 SLO Units -6 Yosemite Drive 15 SLO Units -7 Avenue SLO Units -8 Fair Park 7 SLO Units Eagle Rock SLO Market Info 6

7 Site Location 7

8 Unit # Bed Bath Square Footage Garage , , , , , , Total Living Area 10,536 Total Buildable Area 12,547 Project Square Footage Breakdown 8

9 Site Plan 9

10 Parcel Map 10

11 Zimas 11

12 Sale Comparable # N. Prism also known as 4359 E. Toland Way Size: 3 bed + 3 bath Saleable Sqft: 1,541 SF Unit type: SLO Description: 15 unit small lot community YBLT: 2016 COE: 5/26/16 Sold price: $653,000 [$ PSF] Sale Comparable # Yosemite Drive Size: 3 bed bath Saleable Sqft: 1,567 SF Unit type: SLO Description: 10 unit small lot community YBLT: 2016 COE: 5/24/16 Sold price: $695,000 [$ PSF] Sale Comparable # N. Maywood Avenue Size: 3 bed 2 bath Saleable Sqft: 1,300 SF Unit Type: SFR Description: Single family home on a 4,536 SF lot YBLT: 2013 COE: 5/19/16 Sold price: $677,000 [$ PSF] Sale Comparable # Hill Drive. (North of Colorado, very close to subject site) Size: 2 bed / 1.54 bath Saleable Sqft: 1,486 SF Unit type: SFR Description: Single family home on a 5,822 SF lot YBLT: 1927 COE: 4/27/16 Sold price: $990,000 [$ PSF] Sale Comparable #1 12

13 Over the last year, there have been 63 closed sales within a ½ mile radius of the subject property that average $ per foot Sale Comparable #2 13

14 Street View - Corner 14

15 Street View Facing North Street View Facing South Street View North & South 15

16 Evanisko Realty & Investment, Inc. has been retained on an exclusive basis by the owner to handle the marketing and disposition of this land asset. Title: Fidelity Title Janis Okerlund Escrow: Seller s choice Price: $1,799,000 SUBMIT ALL PROPOSALS/INQUIRIES TO: David Melaugh Melaugh@evaniskorealty.com ALL PROPOSALS WILL BE REVIEWED BY LANDOWNER AND BROKER AS RECEIVED. For additional information/guidance on this and other development opportunities contact: Evanisko Realty & Investment, Inc. (818) Transactional Guidance 16