Commercial Real Estate

Transcription

1 INVESTMENT OFFERING MEMORANDUM HASKELL AVE, GRANADA HILLS, CA PRESENTED BY: NICK ANANYAN Page

2 TABLE OF CONTENTS DISCLAIMER 3 EXECUTIVE SUMMARY 4 INVESTMENT HIGHLIGHTS 5 PROPERTY MAP 6 AERIAL MAP 7 ASSESSOR MAP 8 FINANCIAL SUMMARY 9 RENT ROLL 10 ADDITIONAL PICTURES 11 ABOUT TITUS REALTY 17 BIOGRAPHY 18 2 Page

3 Disclaimer This Offering Memorandum has been prepared by Titus Realty, INC regarding the purchase of the property described herein at Haskell Ave, Granada Hills, CA , Los Angeles County (the Property ). The materials and information contained in this Offering Memorandum do not purport to be all- inclusive or to contain all of the information which prospective investors may need or desire. All materials have been developed by Titus Realty, INC and other sources and are subject to variation and withdrawal. No representation is made by Titus Realty, INC as to the accuracy or completeness of the information contained herein and nothing contained herein is or shall be relief on as a promise or representation as to the future performance of the Property. Although the information contained herein is believed to be correct, Titus Realty, INC and its respective principals and employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. Further, Titus Realty, INC and its respective principals and employees disclaim any and all liability for representations and warranties, expressed and implied, contained in or omitted from the Offering Memorandum or any other written or oral communication transmitted or made available to the recipient. The Offering Memorandum does not constitute a representation that there has been no change in the business or affairs of the Property since the date of the preparation of the Offering Memorandum. Analysis and verification of the information contained in the Offering Memorandum is solely the responsibility of the prospective purchaser. Additional information and an opportunity to inspect the Property will be made available upon request to interested and qualified investors. 3 Page

4 EXECUTIVE SUMMARY Property Address: Property Description: HASKELL AVE, GRANADA HILLS, CA This 2-unit property consists of one 5Br - 2+1/2 Bath, one large 3Br - 3 Bath. Purchase Price: $1,099, Total Living Square Footage: 3800 Sq. Ft. Multiple Buildings Total Lot Square Footage: 9,133 Sq. Ft. APN: Zoning: LARS Year Built: 1956 Scheduled Gross Income: Market $90, Net Operating Income: $77, Page

5 INVESTMENT HIGHLIGHTS The property consists of one large 5 Br + 2+1/2 Bath Unit, and one 3Br + 3 Bath Unit for a total of 2 units. Units have been renovated including new roof, bathrooms, kitchen upgrades, copper plumbing. This area is a highly desirable neighborhood, where rental rates are averaging for $4500 for 5 Br unit and $3000 for 3 Br unit. 5 Page

6 PROPERTY MAP 6 Page

7 AERIAL MAP 7 Page

8 ASSESSOR MAP 8 Page

9 FINANCIAL SUMMARY Property Address: HASKELL AVE, GRANADA HILLS, CA Property Type: Multi-Unit Number of Units 2 Building Sq. Ft 3800 Price $1,099, Price per Sq. Ft. $ Price per Unit $549, Market Annual Scheduled Gross Income $90, Expenses Gas $0.00 $0.00 Gardening $0.00 $0.00 Water $0.00 $0.00 Insurance -$ $ Trush $0.00 $0.00 Property Tax -$ $11, Total Expenses -$1, $12, Net Operating Income $77, CAP 7.07% GRM Down Payment $549,500 Closing Costs $16, Loan Amount $549,500 Interest rate 4.25% Payment $2, $32, Net Income after the loan payment $45, Return on Investment 8.00% 9 Page

10 Rent Roll 10 Page

11 ADDITIONAL PICTURES 11 Page

12 12 Page

13 13 Page

14 14 Page

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16 ABOUT TITUS REALTY, INC. Titus Realty, Inc. is a commercial and residential real estate company serving Los Angeles Area since The firm has paved its way in the local market by building strong, successful relationships through local investors, business developers, and leading businesses. Titus Realty has brokered over $500 million in commercial and residential real estate transaction since Respected throughout the industry for our experience and knowledge of the niche residential, residential income and commercial markets, Titus Realty Inc. is dedicated to meeting and exceeding all of your real estate needs. Having brokerage, investment, management, development, consulting, and facilities maintenance services within the same company allows our clients to experience a true full-service real estate company embracing all of our clients needs. Most of the company s multi-year experienced agents were raised in Los Angeles and have long, deeply rooted relationships in the community an asset our clients find as highly beneficial. 16 Page

17 BIOGRAPHY Nick Ananyan Broker Nick Ananyan has a plethora of knowledge and experience in real estate. Throughout his career spanning over 15 years he closed in excess of $200 million worth of residential and commercial real estate transactions ranging. His combined knowledge of real estate, finance, and accounting allows him to deliver the best of many worlds to his clients addressing all financial and real estate concerns. He regularly conducts meetings and seminars, teachings sales and marketing skills to incoming real estate professionals early in their carriers. His clients range from multi-unit developers, business developers, hedge fund managers and individual investors who have been loyal for many years. His key to success is a combination of a great team he has develop over years, a team of realtors, escrow and title officers, lenders, as well as many professionals working hand in hand with Titus Realty, a company known for integrity, professionalism, loyalty and efficiency in handing any transactions. 17 Page