Hollycrest Drive LOS ANGELES CA 90068

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1 LOS ANGELES CA BEAUTIFUL SPANISH STYLE UNITS IN HOLLYWOOD HILLS hello@concord-re.com South Beverly Drive, First Floor, Beverly Hills, CA OFFERING MEMORANDUM

2 MARKETING PACKAGE OVERVIEW Our mission PRESENTED BY Kenny Stevens Managing Partner / Senior Vice President BRE# Ext. 141 direct kstevens@concord-re.com LOCATION Location Overview Market Aerial New Developments PROPERTY SUMMARY Property Highlights Property Details Property Location Aerial Photo Parcel Orientation Photography FINANCIALS Financial Overview Rent Roll COMPARABLES Sales Comps Rent Comps hello@concord-re.com South Beverly Drive, First Floor, Beverly Hills, CA 90212

3 ABOUT US Our world has changed and so has the business of real estate. It s not enough to work with a typical real estate company. At Concord, we think of ourselves as your partner - one who can bring every aspect of your portfolio together under one roof, combining corporatecapabilities with a family feel. Concord is the evolution of real estate. We re changing the game and moving above and beyond what you ve come to expect. This is real estate unified; next-level services that seamlessly connect the dots so you don t have to. From acquisition to management to construction to the disposition, Concord is elevating your experience every step of the way. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

4 OUR MISSION OUR CLIENTS ENTRUST US WITH SO MANY ASPECTS OF THEIR REAL ESTATE LIFE. OUR MISSION IS TO DUTIFULLY GUIDE THEM, CREATE VALUE AND ACT IN HARMONY WITH THEIR BEST INTEREST. WE PARTNER WITH YOU EVERY STEP OF THE WAY TO ELEVATE YOUR REAL ESTATE EXPERIENCE a different kind of real estate partner.

5 LOCATION LOS ANGELES CA This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

6 LOCATION LOCATION OVERVIEW HOLLYWOOD HILLS The Hollywood Hills are the area young money and celebrity are drawn to more than any other neighborhood in Los Angeles. The proximity to the best shopping, dining, and nightlife on the Westside of Los Angeles combined with breathtaking views and a sense of privacy explain the draw for young Hollywood and celebrities from industries such as music and sports. Neighborhoods in Hollywood Hills West include the Bird Streets, Doheny Estates, Sunset Plaza, Outpost Estates, Whitley Heights, Laurel Canyon, Nichols Canyon, Mt. Olympus, and Hollywood Heights. Neighborhoods within Hollywood Hills East include Beachwood Canyon, Lake Hollywood, Lake Hollywood Estates, Hollywoodland, Hollywood Dell, Franklin Village, Hollywood Knolls, and Hollywood Manor.

7 LOCATION LOCATION OVERVIEW - The heart of Hollywood is 2.2 miles to the south, Studio City is 2.5 miles north west, Universal Studios and Universal City Walk are less than a mile away, and 1.9 Miles from Warner Bros Studio in Burbank. Some of the best hiking and biking trails, public golf, and picnic areas in Los Angeles are 3.5 miles east of the property in Griffith Park. The property is 1.5 miles away from the famous Runyon Canyon Park. The Hollywood Bowl, one of the most prominent concert venues in the city, is 1.6 miles south. Trendy Franklin Village, just 2.5 miles to the southeast, is lined with street-side cafes, coffee shops, bars, and retail stores. The famous Hollywood Forever Cemetery, home to outdoor film screenings, is just 4.5 miles south. The property s location near The 101 Hollywood Freeway allows for quick and easy access to numerous parts of Greater Los Angeles. Additionally, 3055 Hollycrest Drive is located just minutes from Universal City Metro station, connecting Hollywood with Downtown/Chinatown to the southeast and Hollywood, Universal City and North Hollywood to the northwest.

8 LOCATION MARKET AERIAL Studio City Hollywood Sign 3055 Hollycrest Dr 101 Hollywood Bowl Beachwood Canyon Griffith Observatory

9 PROPERTY SUMMARY LOS ANGELES CA This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

10 PROPERTY SUMMARY PROPERTY HIGHLIGHTS 5 BEAUTIFUL SPANISH STYLE UNITS IN HOLLYWOOD HILLS (2NC) * Conveniently located in the hills between Hollywood & Studio City. * Close to major Studios in Universal City, Burbank &Hollywood * Surrounded by multi-million dollar single family homes * Roof, plumbing and electrical have all been upgraded in the last 7 years * (1) 2+1 with private patio, (2) large 1+1 and (2) large NC studios * The 2-bed and large 1-bed units have full-size washer/dryer and front+rear entry * 2 Units can be delivered Vacant at COE * Hardwood floors, arched doorways, unique built-ins * 4 garages create additional income potential * Abundant street parking in addition to the 4 garages * Beautifully landscaped and maintained

11 PROPERTY SUMMARY PROPERTY DETAILS PROPERTY DETAILS Units (1) 2+1 with private patio, (2) large 1+1, (2) NC Studio Major Intersection Hollycrest Dr & Cahuenga Blvd Market Hollywood Hills APN Zoning Type LARD1.5 Building Size 3,151 square feet

12 PROPERTY SUMMARY PROPERTY AERIAL Hollycrest Dr

13 PROPERTY SUMMARY PROPERTY PHOTOS

14 PROPERTY SUMMARY PROPERTY PHOTOS

15 PROPERTY SUMMARY PROPERTY PHOTOS

16 PROPERTY SUMMARY PROPERTY PHOTOS

17 PROPERTY SUMMARY PROPERTY PHOTOS

18 FINANCIALS LOS ANGELES CA This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

19 FINANCIALS FINANCIAL OVERVIEW

20 FINANCIALS RENT ROLL

21 COMPARABLES LOS ANGELES CA This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

22 COMPARABLES SALES COMPS 3055 Hollycrest Dr Sales Comps 3339 Primera Ave 2069 Paramount Dr 1743 Courtney Ave 1954 Hillcrest Rd

23 COMPARABLES SALES COMPS Hollycrest Dr, UNITS UNIT TYPE 1 2 Bed/1 Bath 2 1 Bed/1 Bath 2 NC Studio Listed for $1,595,000 # of Units 5 Building SF 3,151 Price/SF $506 Price/Unit $319,000 Cap Rate 4.47% GRM Year Built 2069 Paramount Dr, UNITS UNIT TYPE 2 3 Bed/3 Bath 1 1 Bed/1 Bath 1954 Hillcrest Rd, UNITS UNIT TYPE 11 1 Bed/1 Bath Sale Price $1,840,000 COE 11/30/16 # of Units 3 Building SF 2,849 Price/SF $ Price/Unit $613,333 Year Built 1955 Sale Price $4,700,000 COE 11/30/16 # of Units 11 Building SF 9,067 Price/SF $ Price/Unit $427,273 Year Built Primera Ave, UNITS UNIT TYPE 1 3 Bed/2 Bath 3 1 Bed/1 Bath Sale Price $1,744,050 COE 10/25/16 # of Units 4 Building SF 3,561 Price/SF $ Price/Unit $436,013 Year Built Courtney Ave, Los Angeles, CA UNITS UNIT TYPE 1 3 Bed/2.5 Bath 1 2 Bed/1 Bath 1 1 Bed/1 Bath Sale Price $1,761,175 COE 10/20/16 # of Units 3 Building SF 94,280 Price/SF $ Price/Unit $587,058 Year Built 1926

24 COMPARABLES RENT COMPS 3055 Hollycrest Dr Rent Comps 6728 Hillpark Dr 29 Navy St 3143 Hollycrest Dr 40 Clubhouse Ave 3389 Bennett Dr # Innes Place 8

25 COMPARABLES RENT COMPS Hollycrest Dr, RENT $2,895 UNIT TYPE RENT $1,688 - $2,195 UNIT TYPE Hillpark Drive, RENT $2,999 UNIT TYPE 2+1 UNIT SIZE 963 SF 3143 Hollycrest Drive #2, RENT $2,225 UNIT TYPE UNIT SIZE 750 SF 3389 Bennett Drive #22, RENT $3,395 UNIT TYPE UNIT SIZE 1,500 SF

26 KENNY STEVENS BRE# D: Ext South Beverly Drive, First Floor, Beverly Hills, CA OFFERING MEMORANDUM