717 EAST 1ST STREET LONG BEACH, CA 90802
|
|
- Bennett Murphy
- 6 years ago
- Views:
Transcription
1 LONG BEACH, CA MULTI-FAMILY INVESTMENTS
2 LONG BEACH, CA Sale Price: $1,249,000 Sale Price/SF: $ Sale Price/Unit: $312,250 Rentable SF: 3,904 SF Lot Size SF: 7,511 SF Units: 4 Floors: 2 Cap Rate: 2.21% Gross Rent Multiplier: Year Built: 1919 APN: Financial Year: Pro Forma Gross Income: $51,600 Effective Gross Income: $52,572 Operating Expenses: $24,915 Net Operating Income: $27,657 Features: The 1st Street Apartments is a 1919 four-plex located just steps away from the beach in the prestigious Downtown neighborhood of Long Beach. Adjacent to East Village Arts District and Alamitos Beach Long Beach. The property is comprised of 4 Large 1 bedroom + 1 bath units. This property offers investors the opportunity to acquire a value add investment. The building is located one block from the ocean in a strong, non-rent controlled market. The Property is located in the prime Downtown submarket of Long Beach, just a short walk from the beach. The property is situated within a pedestrian friendly neighborhood close to Bixby Park, Bluff Park, Retro Row, and the booming East Village Arts District in Downtown Long Beach. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Corporate BRE# INVESTMENT SUMMARY For more information please contact:
3 717 East 1st Street ay et re Alam itos A ve. New Development t ree Br oa St 1st dw St 2nd t 1s Stre et long beach, CA DEMOGRAPHICS Demographic and Income Profile 1 M il e 3 Mi le s 5 Mi le s 1347 E 3rd St, Long Beach, California, E 3rd St, Long Beach, California, Ring: 1 mile radius Summary Popula ti on 49, ,022 Prepared by Esri Latitude: Longitude: Census Population 67,767 69,327 71,171 Households 28,035 28,691 29,529 Families 12,547 12,902 13, ,029 Average Household Size Owner Occupied Housing Units 5,631 5,291 5,347 Renter Occupied Housing Units 22,404 23,400 24,182 Popula ti on growt h 0.59% 0.68% 0.67% # of Household s 23,177 98, ,292 Median Age Trends: Annual Rate Population Households Families Owner HHs Median Household Income Area 0.53% 0.58% 0.65% 0.21% 2.70% State 0.73% 0.74% 0.76% 0.61% 3.36% National 0.75% 0.77% 0.69% 0.70% 2.66% Average Househo l d Inco m e $78,878 Median Age 36.1 $75, Households by Income $83,143 <$15,000 5, % 5,857 $15,000 - $24,999 3, % 2, % $25,000 - $34,999 3, % 3, % $35,000 - $49,999 4, % 4, % % $50,000 - $74,999 4, % 4, % $75,000 - $99,999 2, % 3, % $100,000 - $149,999 2, % 2, % $150,000 - $199,999 1, % 1, % % % This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about$200,000+ it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your Median advisors should Household Income Average Household Income conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CorporatePerBRE# Capita Income $38,162 $53,989 $22,667 Census 2010 Population by Age 2017 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All rights reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial affiliates fully supports the principles of the equal opportunity act. Each office is independently owned and operated. Coldwell Banker Commercial and the Coldwell Banker Commercial logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial affiliates. All information is deemed reliable $43,596 $62,028 $26, , % 4, % 4, % 3, % 4, % 4, % 3, % 3, % 3, % 4, % 4, % 3, % 6, % 6, % 5, % , % 13, % 14, % , % 10, % 11, %
4 MARKET CONDITIONS Submarket Overview The East Long Beach/Los Altos submarket, one of thirty-seven distinct geographic concentrations within Los Angeles, contains 18,551 market rate rental units, or 2.3% of the metro s total inventory of market rate rental apartments. In the ten-year period beginning with Q2 2007, new additions to the submarket totaled 30 units; over the same period, the metro growth rate has been 0.6%. Asking and Effective Rent Asking rents fell by 0.4% during the first quarter of 2017 to an average of $1,572, higher than nineteen of the metro s thirty-seven submarkets. Mean unit prices in the submarket are as follows: studios $1,341, one bedrooms $1,424, two bedrooms $1,811, and three bedrooms $1,892. Over the past four quarters, asking rents have risen a total of 0.9%, up from $1,558. The East Long Beach/Los Altos submarket s current asking rent levels and growth rates compare unfavorably to the metro s averages of $1,778 and 0.1%. Effective rents, which exclude the value of concessions offered to prospective tenants, also declined by 0.4% during the first quarter. The identical rates of change suggest that, although rents drifted downward, landlords managed to avoid increasing the relative value of incentives packages used to attract new tenants. Competitive Inventory, Employment, Absorption Net new household formations in Los Angeles were 8,630 during the first quarter. Absorption of market rate rental units may not immediately reflect quarterly total household formations or losses, but it is prudent to consider longer-term economic and demographic performance as influential upon current occupancy levels. Since the beginning of Q2 2007, household formations in Los Angeles have averaged 0.7% per year, representing the average annual addition of 22,400 households. Over the same time period, the metro experienced an average annual absorption rate of 4,393 units. Although metropolitan absorption totaled 1,277 units during the first quarter, the East Long Beach/Los Altos submarket did not contribute to this demand; in fact, tenant outmigration returned a net total of 36 units to the available stock. The first quarter s negative absorption in the submarket follows 36 units of positive absorption observed in Q Over the last four quarters, submarket absorption totaled negative 37 units; by comparison, the average annual absorption rate recorded since the beginning of Q is nearly flat. The submarket s average vacancy rate drifted upward by 20 basis points during the first quarter to 3.2%, which is 0.5 percentage points lower than the long-term average, and 0.1 percentage points lower than the current metro average. Outlook Reis s new construction observation team reports that no competitive apartment stock will be introduced to the submarket through the end of Between now and year-end, net total absorption will be negative 55 units. Consequently, the vacancy rate will continue to drift upward to finish the year at 3.5%. During 2018 and 2019, no additional competitive stock is expected to be introduced to the submarket inventory. Net new household formations at the metro level during 2018 and 2019 are anticipated to average 1.1% annually, enough to facilitate an absorption rate averaging 4,450 units per year. The East Long Beach/Los Altos submarket, however, will experience negative absorption averaging 70 units per year. The submarket vacancy rate will finish 2018 at 3.8% and will increase 0.5 percentage points to 4.3% by year end Between now and year-end 2017 asking rents are expected to increase 1.1% to a level of $1,590, while effective rents will climb by 0.9% to $1,541. On an annualized basis through 2018 and 2019, asking and effective rents are anticipated to advance by 1.2% and 1.1%, respectively, to finish 2019 at $1,628 and $1,575. Average Asking Rent $1,572 Down 0.4% from year-end Expected to finish 2017 at $1,590. * Information deem reliable but not guaranteed. Sourced from various industry research reports. Average Vacancy Rate 3.2% Drifted upward by 20 basis points. Highest level since year-end 2013 Expected to finish 2017 at 3.5% Powered by New Development or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Corporate BRE#
5 UNIT MIX MONTHLY REPORT Units Floor Plan Approx. SqFt. Avg. Rents Monthly Market Rents Monthly 4 1 bedroom / 1 bath 976 $1,075 $4,300 $1,600 $6, ,904 $4,300 $6,400
6 UNIT MIX & ANNUAL SCHEDULED INCOME UNIT MIX & ANNUAL INCOME REPORT Floor Plan Units Actual Total Market Total Studio 4 $12,900 $51,600 $19,200 $76,800 Total 4 $51,600 $76,800 ANNUALIZED INCOME Actual Market Gross Potential Rent $51,600 $76,800 Less: Vancancy ($1,548) ($2,304) Misc. Income $2,520 $10,800 Effective Gross Income $52,572 $85,296 Less: Expenses ($24,915) ($26,592) Net Operating Income $27,657 $58,704 Debt Service ($28,622) ($28,622) Net Cash Flow after Debt Service ($965) $30,082 Principal Reduction $8,798 $8,798 Total $7,833 $38,880
7 ANNUAL EXPENSE REPORT ANNUALIZED EXPENSES Actual Market Property Management Fee $2,165 $3,072 Replacement Reserves $900 $900 Building Insurance $900 $900 Maintenance $900 $900 Repairs $2,400 $2,400 Taxes - Real Estate $15,250 $15,420 Utilities $2,400 $3,000 Total Expenses $24,915 $26,592 Expenses Per RSF $6.38 $6.81 Expenses Per Unit $6,229 $6,648
8 Address Sale Price Units Price/SF Cap Rate GRM Sale Date 717 E. 1st Street 1 Bonito Ave 126 Bonito Avenue 1323 E. Florida Avenue 1727 E. 1st Street 3032 E. Vista Street Long Beach, CA E. 2nd Street Long Beach, CA SALES COMPARABLES $1,249,000 4 $ % 23.1 N/A $2,050,000 4 $ % /18/2017 $1,140,000 4 $ % /28/2017 $1,100,000 4 $ % /23/2016 $1,095,000 4 $ % /12/2016 $1,375,000 4 $ % /28/2016 $1,575,000 4 $ % /18/2016 Avg. 3.5% Avg Avg. $347,292 Avg. $423.23
9 LOCAL RETAIL MAP The Pike Outlet Marketplace 1st Street Ocean Blvd. Alamitos Ave. 717 east 1st street long beach, CA Long Beach Convention Center Alamitos Beach
126 BONITO AVENUE LONG BEACH, CA 90802
LONG BEACH, CA 90802 MULTI-FAMILY INVESTMENTS For more information please contact: LONG BEACH, CA 90802 Sale Price: $1,575,000 Sale Price/SF: $434.48 Sale Price/Unit: $393,750 Rentable SF: 3,625 SF Lot
More informationFOR SALE $350,000 $300,000
MEDICAL OFFICE CONDO 4123 UNIVERSITY BLVD. S, UNIT E JACKSONVILLE, FL 32216 FEATURES GREAT LOCATION CONVENIENTLY LOCATED ON UNIVERSITY BOULEVARD IN CLOSE PROXIMITY TO MEMORIAL HOSPITAL +/- 1,842 SQ. FT.
More informationOFFERING MEMORANDUM. 627 MAGNOLIA AVENUE Long Beach, California. Offering Memorandum 1
OFFERING MEMORANDUM 627 MAGNOLIA AVENUE Long Beach, California Offering Memorandum 1 PROPERTY OVERVIEW Price $3,500,000 ($398.34/SF) Rentable SF 9,300 SF* Assessor SF 8,788 SF* APN 7272-024-115 Price/RSF
More informationE. 5th Street OFFERING MEMORANDUM MULTI-FAMILY INVESTMENTS
441 E. 5th Street OFFERING MEMORANDUM MULTI-FAMILY INVESTMENTS Sale Price: $1,100,000 Sale Price/RSF: $312.50 Sale Price/Unit: $275,000 Rentable SF: 3,520 SF Lot Size SF: 3,010 SF Units: 4 Floors: 2 Year
More information11747 E. CARSON STREET
FOR SALE 605 CARSON STREET PIONEER BLVD. 11747 E. CARSON STREET L A K E W O O D, C A L I F O R N I A 9 0 7 1 5 Listing Agent: John P. Eddy DRE#01006806 Roy Gaut DRE#01967875 Patrick Michel DRE#01967875
More information17332 SE Powell. YEAR BUILT Last remodel new from shell medical clinic build out
LOCATION 17332 SE POWELL BLVD, PORTLAND, OR. 97236 OFFERING PRICE $1,600,000 AVAILABLE LAND AREA 30,056 +/- SF (.69 AC) BUILDING AREA 5881 +/- SF 1- STORY CURRENTLY BUILT OUT AS MEDICAL CLINIC (DIVISIBLE)
More informationfor lease 3,112 SF Office suite In Prime California Heights
3530 atlantic Avenue for lease 3,112 SF Office suite In Prime California Heights George Bustamante Vice President Mobile: (714) 856-7017 GBustamante@cbcblair.com Steve Warshauer Vice President Mobile:
More information8 Units in Salinas. 539 Terrace Dr Salinas, CA List Price: $750,000
For more information contact: Apartment / Investment Broker michael@svmultifamily.com BRE 01327546 List Price: $750,000 Property Refurbished in 2006 with Numerous Upgrades: Roof, plumbing, kitchens, bathrooms,
More informationFOR sublease. 1,000 SF (Approx.) Retail Space. Long Beach Blvd.
3732 Long Beach Blvd. FOR sublease 1,000 SF (Approx.) Retail Space Coldwell Banker Commercial BLAIR WESTMAC 333 W. Broadway, Ste. 312 Long Beach, CA 90802 562.495.6070 562.495.6072 - fax www.cbcblair.com
More informationFIRST + ALAMITOS 2,549 SQUARE FEET GROUND FLOOR RETAIL
2,549 SQUARE FEET Coldwell Banker Commercial BLAIR WESTMAC 333 W. Broadway, Ste. 312 Long Beach, CA 90802 562.495.6070 562.495.6072, fax www.cbcblair.com BRE#: 01330395 101 ALAMITOS AVE., LONG BEACH, CA
More informationBayview Apartments. 470 Central Ave Alameda, CA Unit Apartment Building On Alameda Island Rarely Available Waterfront Property
For more information contact: Apartment / Investment Broker michael@svmultifamily.com BRE 01327546 33 Unit Apartment Building On Alameda Island Rarely Available Waterfront Property Views of The San Francisco
More informationDi Fiore Fourplex. 859 Di Fiore Dr San Jose, CA Offering Price: $1,550,000
For more information contact: Commercial Investment Broker michael@svmultifamily.com BRE 01327546 Offering Price: $1,550,000 Unit Mix: (1) 3BR / 2BA, (1) 2BR / 1BA, (2) 1BR / 1BA 2 Parking Spaces per unit
More informationMartin Luther King W. Martin Luther King Jr. Blvd Los PROPERTY HIGHLIGHTS
Martin Luther King 1951-57 W. Martin Luther King Jr. Blvd Los PROPERTY HIGHLIGHTS Michael Salerno Executive Vice President (310) 202-9166 michaels@mdrealtycorp.com 3627 Motor Avenue Los Angeles, CA 90034
More informationDi Fiore Fourplex. 859 Di Fiore Dr San Jose, CA Offering Price: $1,300,000 Significant price reduction!
For more information contact: Commercial Investment Broker michael@svmultifamily.com BRE 01327546 Offering Price: $1,300,000 Significant price reduction! Comparable properties selling for $200,000 more
More information1828 S. Gramercy Pl OFFERING MEMORANDUM LOS ANGELES, CA 4 UNITS IN MID-CITY! 3 UNITS DELIVERED VACANT! PRESENTED BY: KW COMMERCIAL Ventura Blvd
4 UNITS IN MID-CITY! 3 UNITS DELIVERED VACANT! 1828 S. Gramercy Pl LOS ANGELES, CA OFFERING MEMORANDUM KW COMMERCIAL 16820 Ventura Blvd Encino, CA 91436 PRESENTED BY: ANIE MAYELIAN Multifamily Investment
More information5892 Orange Ave OFFERING MEMORANDUM LONG BEACH, CA OFFERING MEMORANDUM PRESENTED BY:
OFFERING MEMORANDUM 5892 Orange Ave LONG BEACH, CA 90805 OFFERING MEMORANDUM DOWNEY 562.334.1500 8255 Firestone Blvd, #100 Downey, CA 90241 PRESENTED BY: JULIA OPREA Broker Associate 562.310.8707 socal_realtor@hotmail.com
More information1ST AVENUE TOWNHOMES
1ST AVENUE TOWNHOMES 3783 1st Avenue San Diego, CA 92103 For more information contact: #01824454 PROPERTY HIGHLIGHTS Heart of Hillcrest Location 93 Walk Score! Significant Rental Upside All ~1,200 SqFt
More informationSARA S APARTMENTS 240 West 7th Street Long Beach, CA 90813
SARA S APARTMENTS 240 West 7th Street MULTI-FAMILY INVESTMENTS SARA S APARTMENTS 240 West 7th Street Sale Price: $3,200,000 Sale Price/SF: $204.47 Sale Price/Unit: $110,345 Rentable SF: 15,690 SF Lot Size
More informationE. Willow St. FOR SALE. Austin Carr Associate T: O: BRE #
FOR SALE E. Willow St. s i g n a l H i l l, C A George Bustamante T: 714.856.7017 O: 562.548.9 Steve Warshauer Austin Carr BRE #01986298 BUILDING DESCRIPTION Address: E. Willow Street WALTON STREET Price:
More informationCONTACT. Great Location Within a mile of I-95 on CR210 Adjacent to Twin Creeks DRI: 5,000 homes 2.9 MM office, retail, others
C O M M E R C I A L L A N D F O R S A L E +/- 1 A C O U T PA R C E L S AVA I L A B L E P R I C E : $ 1 8. 0 0 P E R S Q. F T. C O U N T Y R O A D 2 1 0 W E S T S T. J O H N S C O U N T Y J A C K S O N
More informationWEST PALMDALE PLAZA VALLEY REALTY
WEST PALMDALE PLAZA Coldwell Banker Commercial Valley Realty is pleased to present the West Palmdale Plaza located in the city of Palmdale s highly sought after, Trade and Commerce Center! This project
More informationDania Beach Multi Family 126 NW 8th Ave Dania Beach, FL 33004
Dania Beach Multi Family Turn key apartment bulling with full management services in place. Completely renovated property with impact windows and newer roof. 8.07% Cash on Cash return with 30% down payment.
More informationPOMONA APARTMENTS. 102 Pomona Ave, Long Beach, CA Jack McCann (310)
POMONA APARTMENTS 102 Pomona Ave, Long Beach, CA 90803 Table of Contents Professional Bio... 3 Property Description... 4 Property Photos... 5 Location Map... 6 Demographics... 7 Unit Mix Report... 8 Executive
More informationSanta Rosalia Santa Rosalia Drive Los Angeles, CA PROPERTY HIGHLIGHTS
Santa Rosalia 4525 Santa Rosalia Drive Los Angeles, CA PROPERTY HIGHLIGHTS Michael Salerno Executive Vice President (310) 202-9166 michaels@mdrealtycorp.com 3627 Motor Avenue Los Angeles, CA 90034 29 units
More informationMixed Use - Alamitos Beach
Mixed Use - Alamitos Beach FOR SALE 1535 E. 4 th St., Long Beach, CA 90802 NRT PROPERTY OVERVIEW Located in the up and coming Alamitos Beach area the property includes a commercial space leased to Jerry
More informationSummit Apartments OFFERING MEMORANDUM PASADENA, CA OFFERING MEMORANDUM PRESENTED BY:
OFFERING MEMORANDUM Summit Apartments PASADENA, CA OFFERING MEMORANDUM KW COMMERCIAL 700 S. Flower Street, Suite 2900 Los Angeles, CA 90017 PRESENTED BY: STEPHEN WATSON Managing Director - KW Commercial
More informationBeck Avenue PROPERTY HIGHLIGHTS. Prepared By Beck Avenue North Hollywood, CA Alexandra Pugachoff
Beck Avenue 6641 Beck Avenue PROPERTY HIGHLIGHTS Unique unit mix with four 3 bedroom/2bathroom units, one 2bedroom/1batrhroom and one 1bedroom/1bathroom. Many upgrades, including two fully renovated 3
More informationpine Avenue
1205-1225 pine Avenue For Lease 866-3,833 SF office space in downtown Coldwell Banker Commercial BLAIR WESTMAC 333 W. Broadway, Ste. 312 Long Beach, CA 90802 562.495.6070 562.495.6072 - fax www.cbcblair.com
More information637 S BURNSIDE AVE LOS ANGELES CA 90036
637 S BURNSIDE AVE LOS ANGELES CA 90036 6 French Provincial Style Units in Prime Miracle Mile on a Large R4 Lot www.concord-re.com hello@concord-re.com 310.551.0660 449 South Beverly Drive, First Floor,
More informationYour Entrepreneurial Real Estate Partner. Building Wealth Together.
ERIC CHRISTOPHER // 562.296.1327 // ECHRISTOPHER@INCOCOMMERCIAL.COM // BRE #01270278 This information contained herein was obtained from third parties, and has not been independently verified by real estate
More information/4 Willow Brook Avenue Los Angeles, CA 90029
4437-4441 1/4 Willow Brook Avenue Los Angeles, CA 90029 Excellent Hollywood location adjacent to Silver Lake 1920's Spanish-style courtyard building, completely renovated Huge upside in rents, in several
More informationDowntown Menlo Park Fourplex
For more information contact: Apartment / Investment Broker michael@svmultifamily.com BRE 01327546 Unique Downtown Menlo Park Residential Income Property Just 1.5 Miles From Stanford and Downtown Palo
More informationMidvale 6Plex OFFERING MEMORANDUM SEATTLE, WA OFFERING MEMORANDUM PRESENTED BY: KW COMMERCIAL 1100 Dexter Avenue North, Suite 275 Seattle, WA 98109
OFFERING MEMORANDUM Midvale 6Plex SEATTLE, WA OFFERING MEMORANDUM KW COMMERCIAL 1100 Dexter Avenue North, Suite 275 Seattle, WA 98109 PRESENTED BY: CHARLES BURNETT Managing Broker 206.931.6036 charles@soundrealtygroup.com
More informationGarden Fourplex PROPERTY HIGHLIGHTS. Prepared By Garden Ave San Jose, CA 95111
2795 Garden Ave San Jose, CA 95111 PROPERTY HIGHLIGHTS Offered at $1,575,000 4.7% Cap rate; 14.7 GRM NOT SUBJECT TO RENT CONTROL! Large, fully remodeled Units Four 2 bed / 1 bath units, ~920 SF each 2
More informationSherman Oaks PRIME Location Dickens St Sherman Oaks, CA 91423
Sherman Oaks PRIME Location 10 Units With Excellent Unit Mix of Mainly Two Bedroom Spacious Units. 1 Unit is NonConforming Studio (Can be Vacant) Pride of Ownership Property; The Building Has Gone Through
More information5 UNITS IN SANTA CRUZ
5 UNITS IN SANTA CRUZ 238 San Lorenzo Blvd Santa Cruz, CA 95060 For more information contact: BRE 01327546 Erik Nielsen, CCRM Apartment Agent erik@svmultifamily.com BRE 01907679 PROPERTY HIGHLIGHTS Five
More informationfor sale or Lease Cherry Ave. 3,641 SF Medical Office Space
1125 Cherry Ave. for sale or Lease 3,641 SF Medical Office Space Coldwell Banker Commercial BLAIR WESTMAC 333 W. Broadway, Ste. 312 Long Beach, CA 90802 562.495.6070 562.495.6072 - fax www.cbcblair.com
More informationFOR SALE. $8,900,000 MultiFamily. Batesville, Ar Harrison Street PROPERTY HIGHLIGHTS
$8,900,000 MultiFamily Batesville, Ar 72501 FOR SALE 4323 Harrison Street PROPERTY HIGHLIGHTS 104 Total Luxury Units 72-2 Bedroom, 2 Bathroom Units 16-3 Bedroom, 2 Bathroom Units 16-1 Bedroom, 1 Bathroom
More informationRent Comparables. Apartment. Rent Comparables Apartment - 3rd Quarter Powered by Reis, inc.
Apartment Powered by Reis, inc. SUBJECT PROPERTY Subject Property Location Address City Los Angeles State CA ZIP 90029 Metro Los Angeles Submarket Hollywood Latitude 34.08959 Longitude -118.29902 COMPARABLE
More informationROMAN VILLAS APARTMENTS
ROMAN VILLAS APARTMENTS 7240 El Cajon Boulevard, San Diego, CA 92115 PROPERTY HIGHLIGHTS Extensive, Recent Interior and Exterior Upgrades Strong Unit Mix; Majority 2 Bedroom Units Strong Rental Market;
More information10751 Page PROPERTY HIGHLIGHTS. Prepared By Page Ave Saint Louis, MO Michael Zangara Broker
Ave Saint Louis, MO 63132 PROPERTY HIGHLIGHTS 24 One Br/ One Ba Units Fully Occupied - consistent tenant base Close To Public Transportation and Major Highways Turn Key Investment Property 9% Cap Rate
More information14815 Burbank Blvd. PROPERTY HIGHLIGHTS. Prepared By Burbank Blvd. Sherman Oaks, CA 91411
PROPERTY HIGHLIGHTS Excellent Sherman Oaks rental pocket Large 10,066 square foot lot with courtyard pool Great unit mix of ones and two bedroom units Prepared By Cindy Hill, CCIM Senior Vice President
More informationProperty Report. Apartment Wilshire Blvd Los Angeles, CA Contents. Rent Comparables 1. Powered by Reis, inc.
Property Report Apartment Contents 1 Powered by Reis, inc. SUBJECT PROPERTY, Los Angeles, CA -- 05/04/2010 Subject Property Location Address City State Los Angeles CA ZIP 90057 Metro Submarket Los Angeles
More informationRETAIL INVESTMENT VAN NESS AVENUE GARDENA, CA 90249
PROPERTY SUMMARY: Offering Price: $1,300,000 Address: 13901-13915 Van Ness Ave Gardena, CA 90249 APN: 4059-017-037 Building Size: 6,841 SF PRICING INMATION: Price Per SF: $190 Land Size: 16,500 SF (.38
More informationSilicon Beach Development
For more information contact: Managing Director scott@rcre.co 01456686 Casey Lins Associate 714.333.6768 casey@rcre.co 01902650 18 Unit Development Opportunity Contemporary Layouts w / Kitchen Islands
More information6 Units on 430 N Palos Verdes Street 430 N Palos Verdes Street San Pedro, CA 90731
6 Units on 430 N Palos Verdes Street Desirable Unit Mix of Four 1-Bedroom and Two 2-Bedroom Units Tremendous Upside in Rental Income as Units Turn Over Property is Separately Metered for Utilities Ample
More informationLAS VEGAS NEVADA MULTIFAMILY MARKET NARRATIVE 1Q2017. Capit al M ar ke t s M ulti f amil y
LAS VEGAS NEVADA MULTIFAMILY NARRATIVE 1Q2017 Capit al M ar ke t s M ulti f amil y 1 2 4 3 5 6 7 Submarkets 1. North 2. West 3. Central 4. Northeast 5. East 6. University / Downtown 7. Southwest 8. Henderson
More informationSouth Crest Apartments 1201 South Cloverdale Street Seattle, WA $3,300,000
South Crest Apartments 1201 South Cloverdale Street Seattle, WA 98108 201 1st Ave S Seattle, WA 98104 2621 Eastlake Ave E Seattle, WA 98102 P 206-206-324-1900 E info@tfgre.com www.tfgre.com $3,300,000
More information14134 BURBANK BLVD. SHERMAN OAKS, CA 91401
OFFERING MEMORANDUM 14134 BURBANK BLVD. SHERMAN OAKS, CA 91401 TEAM GHOBADI MULTIFAMILY Real Estate Investment Services PROPERTY OVERVIEW...3 FINANCIAL ANALYSIS...9 MARKET COMPARABLES...13 DEMOGRAPHIC
More informationEXCLUSIVELY LISTED BY: LAURIE INADOMI-HALVORSEN & FRANK PONCE or
F O R S A L E PRIME REDONDO BEACH APARTMENT BUILDING 142 PASEO DE LA CONCHA REDONDO BEACH, CA OFFERING MEMORANDUM Presented by: Frank Ponce Multi-Family Group (310) 791-6086 frank@frankponce.com DRE Lic.
More information428 Witmer St Los Angeles, CA
Offering Memorandum www.neemaahadian.com 428 Witmer St Los Angeles, CA Offering Memorandum 428 Witmer St Los Angeles, CA NEEMA AHADIAN Senior Vice President Investments Direct 310.909.5444 Email nahadian@marcusmillichap.com
More information317 Western Ave PROPERTY HIGHLIGHTS. Prepared By. 317 Western Ave Glendale, CA 91201
317 Western Ave PROPERTY HIGHLIGHTS 10 Units in excellent Glendale rental pocket Nearly a 4 cap with upside on existing rents Not subject to rent control Prepared By Cindy Hill, CCIM Senior Vice President
More information15025 Burbank Blvd PROPERTY HIGHLIGHTS. Prepared By Burbank Blvd Sherman Oaks, CA 91411
PROPERTY HIGHLIGHTS Pride of ownership 4 plex in excellent Sherman Oaks location Can be bought together with 15011 Burbank Blvd., which is owned by the same owner. Prepared By Cindy Hill, CCIM Senior Vice
More informationASHWOOD AVE LOS ANGELES, CA OFFERING MEMORANDUM Ashwood Ave Los Angeles, CA 90066
-------------------- OFFERING MEMORANDUM 3792 ASHWOOD AVE LOS ANGELES, CA 90066 7 UNITS IN MAR VISTA SHORT BIKE RIDE TO VENICE BEACH MARKETING PACKAGE OVERVIEW PRESENTED BY Kenny Stevens BRE# 01090251
More informationFOR LEASE. Paradise Plaza ODDIE BLVD., SPARKS, NV UNDER NEW OWNERSHIP.
UNDER NEW OWNERSHIP SITE PLAN TURN-KEY RESTAURANT POTENTIAL PADS FOR PURCHASE DRIVE-THRU AVAILABILITY Suite 2229 ±3,000 SF Suite 2125 ±54,244 SF Suite 2233 ±5,400 SF *Suite 2131 (Drive-Thru) *Suite 2135
More informationThe Cottages LA PROPERTY HIGHLIGHTS. Prepared By. 421 Riverdale Dr Glendale, CA 91204
The Cottages LA 421 Riverdale Dr PROPERTY HIGHLIGHTS 16 units in an excellent Glendale rental pocket. Close to shopping, restaurants, and Downtown Los Angeles. 89 Walk score Each unit with the exception
More informationDowntown Menlo Park Fourplex
For more information contact: Apartment / Investment Broker michael@svmultifamily.com Lic. 01327546 Erik Nielsen Apartment Agent 831-297-0461 erik@svmultifamily.com 01907679 Unique Downtown Menlo Park
More informationOFFERING MEMORANDUM Ellendale Place. Los Angeles, CA 90007
OFFERING MEMORANDUM 2652-2656 Ellendale Place Los Angeles, CA 90007 2652-2656 Ellendale Place TABLE OF CONTENTS 5 7 8 9 01 Executive Summary Property Description Investment Detail Executive Summary Pro
More information7401 PACIFIC BLVD. HUNTINGTON PARK, CA 90255
OFFERING MEMORANDUM $1,295,000 7401 PACIFIC BLVD. HUNTINGTON PARK, CA 90255 90% FINANCING AVAILABLE STRIP CENTER - MTM TENANCY 1 This Memorandum ( Offering Memorandum ) has been prepared by Brookfield
More informationLEASE TERMS COMMENTS
+/- 16,565 SQ. FT WAREHOUSE FOR LEASE 108 BADGER PARK DRIVE S T. J O H N S C O U N T Y J A C K S O N V I L L E, F L CONTACT SINA VENUS SALES ASSOCIATE T: 904. 704. 0296 E: VENUS@KILLASHEEINV.COM MARK T.
More informationAsking Price $ 16,950,000
PRIME OFFICE BUILDING IN THE HEART OF KOREATOWN Holmes Center - Office Building 3251 West 6 th, Street Los Angeles CA 90020 Ryan Yatman T 213-389-5888 Ext. 302 RYatman@SecuredProperties.com BRE 01212607
More information1946 Reed Avenue - Pacific Beach
1946 Reed Avenue - Pacific Beach OFFERING MEMORANDUM CONFIDENTIALITY AND DISCLAIMER The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended
More informationThe Kenney Assemblage (West Seattle) th Ave SW and 4618, 4626 SW Othello St, Seattle, WA Bob Fredrickson (206)
The Kenney Assemblage (West Seattle) 7132 7142 47 th and 4618, 4626 SW Othello St, 98136 PREPARED BY: Coldwell Banker Commercial Danforth Bob Fredrickson 2017 Coldwell Banker Real Estate LLC, dba Coldwell
More informationCENTRE STREET
Offering Memorandum 3945-51 CENTRE STREET San Diego, CA 92103 N O N - E N D O R S E M E N T A N D D I S C L A I M E R N O T I C E Non-Endorsements Marcus & Millichap is not affiliated with, sponsored by,
More information3939 E. 1st St. Los Angeles, CA Offering Memorandum
3939 E. 1st St. Los Angeles, CA 90063 Offering Memorandum Table Of Contents Property Overview... 3 Location Overview... 8 Financial Analysis... 14 Demographics... 17 Presented by: Korena Ellis Senior Associate
More informationCORPORATE WOODS OFFICE BUILDING FOR SALE
CORPORATE WOODS OFFICE BUILDING FOR SALE 66210 JOHN SWEENEY, CCIM Senior Broker Associate john@reececommercial.com Ph: 913.945.3718 RC JENSEN, CCIM Senior Associate rc@reececommercial.com Ph: 913.945.3726
More informationCONTACT US FOR LEASE 4603 MISSION BLVD SAN DIEGO (PACIFIC BEACH), CALIFORNIA SAN DIEGO RETAIL LEASING SPECIALISTS JOEL WILSON
CONTACT US +1 858 646 4749 SAN DIEGO RETAIL LEASING SPECIALISTS JOEL WILSON MICHAEL PETERSON Vice President Associate joel.wilson@cbre.com michael.peterson@cbre.com Lic. 01237516 Lic. 01969314 REG KOBZI
More informationSOUTH SHORE DRIVE
7818-7820 SOUTH SHORE DRIVE Price Per Unit: $47,042 GRM: 5.67 Cap Rate: 11.18% MULTIFAMILY INVESTMENT OPPORTUNITY MULTIFAMILY INVESTMENT OPPORTUNITY CONTENTS CONFIDENTIALITY & DISCLAIMER PROPERTY INFORMATION
More informationThe Colony FOR SALE. 614 S 18th Street. Omaha, NE $995,000 MultiFamily PROPERTY HIGHLIGHTS. 8 Multifamily Units and 2000sqft of Retail
FOR SALE $995,000 MultiFamily PROPERTY HIGHLIGHTS 8 Multifamily Units and 2000sqft of Retail All utilities individually seperated Fantastic Downtown location Modern, updated units 209 S 19th Street, Suite
More informationPORTER AVENUE VILLAS 1042 W PORTER AVE FULLERTON, CA Jon Davis, BRE# Vice President CalDRE #
PORTER AVENUE VILLAS 1042 W PORTER AVE FULLERTON, CA 92833 Jon Davis, BRE#01885959 Vice President 949.558.0302 jon.davis@svn.com CalDRE #01885959 SVN VANGUARD 120 W. 5TH STREET, SUITE 210, SANTA ANA, CA
More information4th St. & Elm Ave. Offering Summary
4th St. & Elm Ave. Offering Summary 4th St. & Elm Ave. Disclosure & Confidentiality Agreement FOR ADDITIONAL INFORMATION PLEASE CONTACT Coldwell Banker Commercial BLAIR WESTMAC Becky Blair, CCIM President
More informationAnaheim 4 Plex 624 W. Provential Dr. Anaheim, CA 92805
Anaheim 4 Plex 624 W. Provential Dr. Anaheim, CA 92805 Investment Offering Memorandum Offered at $1,155,000 Property Summary v 4 Units Multifamily Property v 3-2BR 1BA Two story units v 1-2BR 1BA Single
More informationVictorian Style Apartment Building + 1 SFR
OFFERING MEMORANDUM Victorian Style Apartment Building + 1 SFR 508 S. UNION AVE., LOS ANGELES, CA 90017 OFFERING MEMORANDUM APPROX. 4,720 SF UNIQUE 2 STORY VICTORIAN STYLE APARTMENT BUILDING + 1 SINGLE
More informationHollywood Beach Multi-Family 326 Fillmore St Hollywood, FL 33019
Hollywood Beach Multi-Family A+ location steps away from Hollywood Beach Broad-Walk Recently renovated property is in great condition 100% occupied Actual NOI is $95,500 per year yielding a strong Capitalization
More information810 South St Andrews Place, Los Angeles, CA Unit Apartment Opportunity
810 South St Andrews Place, Los Angeles, CA 90005 18-Unit Apartment Opportunity CONFIDENTIALITY AGREEMENT The information contained in the following Marketing Brochure is proprietary and strictly confidential.
More informationLas Olas Apartments PROPERTY HIGHLIGHTS. Prepared By Naranja St San Diego, CA 92114
5236-42 Naranja St San Diego, CA 92114 PROPERTY HIGHLIGHTS Full Interior & Exterior Rehab Strong Unit Mix Garages & Off Street Parking Prepared By Central & Convenient Location High Demand Rental Market
More informationSouth Crest Apartments 1201 South Cloverdale Seattle, WA $3,300,000
South Crest Apartments 1201 South Cloverdale Seattle, WA 98108 201 1st Ave S Seattle, WA 98104 2621 Eastlake Ave E Seattle, WA 98102 P 206-206-324-1900 E info@tfgre.com www.tfgre.com $3,300,000 Will Gibson
More informationMcMahon and Universe Rio Rancho, New Mexico For Sale. This is an excellent opportunity for MUH development SITE Acres.
McMahon and Universe Rio Rancho, New Mexico 87124 For Sale This is an excellent opportunity for MUH development SITE 6.01 Acres Zoned R-6 Connection of Universe and McMahon Opening Fall 2010 Property Overview
More information4 units on Ross Ross Circle San Jose, CA List Price $925,000
For more information contact: Apartment / Investment Broker michael@svmultifamily.com Lic. 01327546 Erik Nielsen Apartment Agent 831-297-0461 erik@svmultifamily.com Lic. 01907679 List Price $925,000 Easy
More information423 W Ventura St Fillmore, CA Offering Memorandum
423 W Ventura St Fillmore, CA 93015 Offering Memorandum Table Of Contents Property Overview... 3 Location Overview... 5 Sales Comparables... 11 Financials... 16 Demographics... 19 Presented by: Chantale
More information942 CURSON AVE WEST HOLLYWOOD CA 90046
WEST HOLLYWOOD CA 90046 4 UNITS IN PRIME WEST HOLLYWOOD WALKERS PARADISE - Walking Score of 90 www.concord-re.com hello@concord-re.com 310.551.0660 449 South Beverly Drive, First Floor, Beverly Hills,
More informationFOR LEASE. Paradise Plaza ODDIE BLVD., SPARKS, NV
SITE PLAN TURN-KEY RESTAURANT POTENTIAL PADS FOR PURCHASE DRIVE-THRU MINI MART DONUTS EGG ROLL LAUNDROMAT PARTY DRESSES BARBER AVAILABILITY *Suite 2131 (Drive-Thru) ±1,800 SF Suite 2237 ±1,500 SF *Suite
More information7642 Vineland Avenue Sun Valley, CA
Offering Memorandum www.neemaahadian.com 7642 Vineland Avenue Sun Valley, CA Offering Memorandum 7642 Vineland Avenue Sun Valley, CA NEEMA AHADIAN Senior Vice President Investments Direct 310.909.5444
More informationThe Capri Apartments Hess Road, 441 & 403 Poplar Avenue, Redwood City, CA
The Capri Apartments 1491 Hess Road, 441 & 403 Poplar Avenue, Redwood City, CA DON SUNG Associate Vice President +1 650 380 5188 don.sung@colliers.com P. CA 1 License COLLIERS No. INTERNATIONAL 01935797
More informationCity Terrace Apartments 4116 City Terrace Dr. Los Angeles, CA OFFERING MEMORANDUM
City Terrace Apartments 4116 City Terrace Dr. Los Angeles, CA 90063 OFFERING MEMORANDUM TABLE OF CONTENTS PROPERTY DESCRIPTION Property Overview............................... 4 Local Description...............................
More information526 Park Way Chula Vista, Kelly O Connor- ACI
526 Park Way Chula Vista, 91910 Kelly O Connor- ACI 619.247.2123 526 PARK WAY LOCATION MAP Area Description: Chula Vista is the second largest city in the San Diego metropolitan area. The population was
More informationPARK AVENUE PROFESSIONAL BUILDING
Las Colinas FOR LEASE 924 Park Avenue SW Albuquerque, NM 87102 Coldwell Banker Commercial Las Colinas April Ager Real Estate Consultant 505-563-4658 Office 505-269-5771 Mobile AprilA@CBCWorldWide.com 4801
More information825 Crocker St. Los Angeles, CA OFFERING MEMORANDUM. Anthony Welborn BRE: Reyn Hornwood BRE: Erik Sjolund BRE:
825 Crocker St Los Angeles, CA 90021 OFFERING MEMORANDUM Anthony Welborn BRE: 02017901 Reyn Hornwood BRE: 01955792 Erik Sjolund BRE: 01948362 439 N Canon Dr., Penthouse, Beverly Hills, CA 90210 (310) 857-4244
More informationMulti-Family Offering TH STREET SAN DIEGO, CA Property Highlights:
Multi-Family Offering Property Highlights: Prime Rental-Market Location On-Site Laundry & Parking North of Adams Avenue Ideal For Airbnb Rental Investors Near Local Dining, Bars, & Cafes Property Description:
More information4676 W. Point Loma Blvd 4676 W. Point Loma Blvd San Diego, CA 92107
ATTRACTIVE SELLER FINANCING. Views of Mount Soledad. Located on Dusty Rhodes Park. Great Unit Mix. On Site Parking. ramos@scc1031.com David Cameron 619-226-6011 x106 cashflowsandiego@gmail.com Phone: 858-779-1000
More informationSunset Park 7 Unit Multifamily Property For Sale th Street Brooklyn, NY 11220
Sunset Park 7 Unit Multifamily Property For Sale 466 54th Street Brooklyn, NY 11220 Prepared by: Richard DiPietro Licensed R.E. Salesperson Office: 347-809-5192 Mobile: 347-693-2995 Email: richard.dipietro@coldwellbanker.com
More informationMultifamily Development Opportunity Price Reduced $200,000 to $5,795, Sepulveda Blvd, Van Nuys, CA Potential for 68 Units
Multifamily Development Opportunity Price Reduced $200,000 to $5,795,000 6530 Sepulveda Blvd, Van Nuys, CA 91411 Potential for 68 Units TABLE OF CONTENTS The Opportunity.........................4 Property
More informationClark Apartments Clark Tarzana, CA Entitlements for 27 new condos and 68 parking. Waiver to tenant relocation fee from most tenants
For more information contact: Broker farajkerendian@gmail.com 01022002 Entitlements for 27 new condos and 68 parking Waiver to tenant relocation fee from most tenants 20% rental upside while preparing
More informationFOR SALE. Development Opportunity Owner-User PLAYA VISTA, CA. Artist Conceptual Rendering. T.C. MACKER
FOR SALE Development Opportunity OwnerUser PLAYA VISTA, CA Artist Conceptual Rendering T.C. MACKER 310.966.4352 tcmacker@westmac.com BRE#01232033 COLDWELL BANKER COMMERCIAL WESTMAC 1515 S Sepulveda Boulevard,
More informationMilton Apartments OFFERING MEMORANDUM MILTON, WA OFFERING MEMORANDUM PRESENTED BY: KW COMMERCIAL 1100 Dexter Avenue North, Suite 275 Seattle, WA 98109
OFFERING MEMORANDUM Milton Apartments MILTON, WA OFFERING MEMORANDUM KW COMMERCIAL 1100 Dexter Avenue North, Suite 275 Seattle, WA 98109 PRESENTED BY: CHARLES BURNETT Managing Broker 206.931.6036 charles@soundrealtygroup.com
More informationExclusively Offering. $4,660,000 Alder Terrace Apartments. 202 Baltimore Street, Longview, WA 98632
Exclusively Offering $4,660,000 Alder Terrace Apartments 202 Baltimore Street, Longview, WA 98632 Chris Roewe Partner/Broker 360.556.5101 cell 360.501-5500 office 208 Vine Street, Kelso, WA 98626 chrisroewe@hotmail.com
More information744 S. RIDGELEY DRIVE LOS ANGELES CA 90036
744 S. RIDGELEY DRIVE LOS ANGELES CA 90036 6 French Normandy Style Units in Prime Miracle Mile on a large R4 lot www.concord-re.com hello@concord-re.com 310.551.0660 449 South Beverly Drive, First Floor,
More informationOFFERING MEMORANDUM CHANNEL ROAD PACIFIC PALISADES, CA UNITS + RETAIL STEPS TO THE BEACH
OFFERING MEMORANDUM 10 UNITS + RETAIL STEPS TO THE BEACH MARKETING PACKAGE OVERVIEW LOCATION OVERVIEW Property Location PRESENTED BY Kenny Stevens BRE# 01090251 310.963.7851 kenny@prosserstevens.com PROPERTY
More informationE FLORENCE AVE. LOS ANGELES, CA 90001
OFFERING MEMORANDUM LISTED AT $1,150,000 1168-1200 E FLORENCE AVE. LOS ANGELES, CA 90001 OWNER/USER OPPORTUNITY 14,432 SF LOT ASSEMBLAGE This Memorandum ( Offering Memorandum ) has been prepared by Hudson
More information$389,500. Offering Memorandum Lombard Avenue Everett, Washington Lombard Ave.
$389,500 2307 Lombard Ave Offering Memorandum 2307 Lombard Avenue Everett, Washington www.tfgre.com For More Information Please Contact Erich Bubbel 206.774.5426 erich@tfgre.com The information included
More information