HOLLYWOOD, CALIFORNIA DUPLEX 2 SEPARATE HOUSES R3-1 ZONING OF F ER IN G M EM OR A N D UM
HOLLYWOOD, CALIFORNIA Exclusively Listed by DARIO SVIDLER 310.500.3301 dario@thepartnerstrust.com calbre# 01884474 ZACHARY KRASMAN 310.500.3906 zach@thepartnerstrust.com calbre# 01814990 Partners Trust Real Estate Brokerage & Acquisitions does not guarantee the accuracy of estimates, square footages, lot size, government approvals, construction concepts, construction plans, construction progress, inspections, investigations, reports or other information concerning the condition or features of the property or project provided by the seller or obtained from public records or other sources and the buyer is advised to independently verify the accuracy of all information through personal inspection, with appropriately licensed professionals and city officials. All pro-formas, projections, assumptions, concepts, construction plans, studies, estimates, etc. are presented as a possible scenarios; buyer, their agents and everyone else associated with the purchase of this property to rely on their own pro-formas, projections, assumptions, investigations, consultations, estimates, etc. If images of construction projects are listed, they are just for illustrative purposes and not necessarily meant to be an actual depiction of what can be built.
Dario Svidler Executive Vice President Commercial Division calbre# 01884474 I grew up with Real Estate all around me. My father, a Structural Engineer and practicing General Contractor, and my mother, an Architect, have been bringing me to their job sites since I was born. I have experienced all facets of the Construction and Real Estate Businesses, ranging from Commercial and Industrial to all types of Residential. As a Real Estate Salesperson, I have sold in excess of $200 million in Real Estate and am well on my way to doubling that number. My talent in finding Value-Add Properties have made me an indispensable asset to a select group of Clients and Investors looking to add higher-yielding properties to their portfolio. I am a member of the Real Estate and Construction Division of the Jewish Federation and an alumnus of the American Jewish University. Zachary Krasman Commercial Associate Partner calbre# 01814990 Zachary joined Partners Trust Commercial in 2016 after almost 10 years in commercial real estate with his previous firm, Investment Real Estate Associates. As a Partner in a group at IREA, he assisted more than $260,000,000 in closings since 2012, and brings with him that experience and continued dedication to his clients. Zachary specializes in the sale and acquisitions of multifamily and commercial properties in Los Angeles, with a keen knowledge and focus in West Hollywood, Beverly Hills, and Santa Monica. Zachary lives in Santa Monica with his husband, Nikolas, and their daughter, rah, and has a passion for dogs, technology, and the culinary arts. N BEACHWOOD DR. PRESENTED BY SVIDLER & KRASMAN 3
THE OFFERING 2 HOUSES ON ONE LOT // EACH WITH ITS OWN YARD + DECK The subject property is comprised of two homes on a single lot located in the vibrant Hollywood neighborhood of Los Angeles, California. Situated on a tree-lined street, each of these two nicely laid out houses enjoy their own patio area. With a large, shared garage, this Hollywood sanctuary is highly sought after by tenants. The property is perfect for an owner/user, providing a buyer with additional rental income to offset their mortgage payment. Development potential is also prime. The property is zoned R3-1, allowing for 8 units, by right. The lot is recognized as Tier 3 under the new TOC Guidelines under Section 6 of Measure JJJ. This allows for a 70% density bonus and less restrictive parking requirements (1 space/ dwelling). Zoning allows for 8 units, by right. 60% Density Bonus under new TOC Guidelines. N BEACHWOOD DR. PRESENTED BY SVIDLER & KRASMAN 4 Partners Trust Real Estate Brokerage & Acquisitions does not guarantee the accuracy of estimates, square footages, lot size, government approvals, construction concepts, construction plans, construction progress, inspections, investigations, reports or other information concerning the condition or features of the property or project provided by the seller or obtained from public records or other sources and the buyer is advised to independently verify the accuracy of all information through personal inspection, with appropriately licensed professionals and city officials. All pro-formas, projections, assumptions, concepts, construction plans, studies, estimates, etc. are presented as a possible scenarios; buyer, their agents and everyone else associated with the purchase of this property to rely on their own pro-formas, projections, assumptions, investigations, consultations, estimates, etc. If images of construction projects are listed, they are just for illustrative purposes and not necessarily meant to be an actual depiction of what can be built.
PROPERTY OVERVIEW N Beachwood Dr, Los Angeles, CA 90038 PRICE $1,299,000 BUILDING SIZE LOT SIZE 1,635 SQ. FT. 6,749 SQ. FT. PRICE PER UNIT $649,500 PRICE PER SQ. FT. $795 LOT DIMENSIONS 50 x 135 APN 5534-015-007 ZONING LAR3-1 TOC TIER 2 DENSITY BONUS 60% PROPERTY HIGHLIGHTS Individual Detached Homes High Rent Potential Gated Parking Tree-Lined Street Zoned Allows for 8 units by right Measure JJJ: TOC Tier 3 (70% Density Bonus) 1 Block rth of Hollywood Forever Cemetary 2 Blocks South of Hollywood Pantages Theatre In the heart of Hollywood, California N BEACHWOOD DR. PRESENTED BY SVIDLER & KRASMAN 5 Partners Trust Real Estate Brokerage & Acquisitions does not guarantee the accuracy of estimates, square footages, lot size, government approvals, construction concepts, construction plans, construction progress, inspections, investigations, reports or other information concerning the condition or features of the property or project provided by the seller or obtained from public records or other sources and the buyer is advised to independently verify the accuracy of all information through personal inspection, with appropriately licensed professionals and city officials. All pro-formas, projections, assumptions, concepts, construction plans, studies, estimates, etc. are presented as a possible scenarios; buyer, their agents and everyone else associated with the purchase of this property to rely on their own pro-formas, projections, assumptions, investigations, consultations, estimates, etc. If images of construction projects are listed, they are just for illustrative purposes and not necessarily meant to be an actual depiction of what can be built.
PROPERTY PHOTOS COMM E RC I A L N BEACHWOOD DR. PRESENTED BY SVIDLER & KRASMAN 6
PROPERTY PHOTOS N BEACHWOOD DR. PRESENTED BY SVIDLER & KRASMAN 7
PROPERTY PHOTOS Front House N BEACHWOOD DR. PRESENTED BY SVIDLER & KRASMAN 8
PROPERTY PHOTOS Front House N BEACHWOOD DR. PRESENTED BY SVIDLER & KRASMAN 9
PROPERTY PHOTOS Front House N BEACHWOOD DR. PRESENTED BY SVIDLER & KRASMAN 10
PROPERTY PHOTOS Rear House N BEACHWOOD DR. PRESENTED BY SVIDLER & KRASMAN 11
FLOOR PLANS FRONT HOUSE REAR HOUSE N BEACHWOOD DR. PRESENTED BY SVIDLER & KRASMAN 12 Partners Trust Real Estate Brokerage & Acquisitions does not guarantee the accuracy of estimates, square footages, lot size, government approvals, construction concepts, construction plans, construction progress, inspections, investigations, reports or other information concerning the condition or features of the property or project provided by the seller or obtained from public records or other sources and the buyer is advised to independently verify the accuracy of all information through personal inspection, with appropriately licensed professionals and city officials. All pro-formas, projections, assumptions, concepts, construction plans, studies, estimates, etc. are presented as a possible scenarios; buyer, their agents and everyone else associated with the purchase of this property to rely on their own pro-formas, projections, assumptions, investigations, consultations, estimates, etc. If images of construction projects are listed, they are just for illustrative purposes and not necessarily meant to be an actual depiction of what can be built.
RENT ROLL Unit Type Move-in Date Rent Front 2+1 6/1/13 $2,300 Rear 2+1 1/10/15 $1,801 Monthly Income $4,101 Annual Income $49,212 N BEACHWOOD DR. PRESENTED BY SVIDLER & KRASMAN 13 Partners Trust Real Estate Brokerage & Acquisitions does not guarantee the accuracy of estimates, square footages, lot size, government approvals, construction concepts, construction plans, construction progress, inspections, investigations, reports or other information concerning the condition or features of the property or project provided by the seller or obtained from public records or other sources and the buyer is advised to independently verify the accuracy of all information through personal inspection, with appropriately licensed professionals and city officials. All pro-formas, projections, assumptions, concepts, construction plans, studies, estimates, etc. are presented as a possible scenarios; buyer, their agents and everyone else associated with the purchase of this property to rely on their own pro-formas, projections, assumptions, investigations, consultations, estimates, etc. If images of construction projects are listed, they are just for illustrative purposes and not necessarily meant to be an actual depiction of what can be built.
PARCEL PROFILE PROPERTY ADDRESSES N BEACHWOOD DR 1/2 N BEACHWOOD DR ZIP CODES 90038 RECENT ACTIVITY Adaptive Reuse Incentive Spec. Pln- Ord 175038 CASE NUMBERS CPC-2016-1450-CPU CPC-2014-669-CPU CPC-2005-6082-CPU CPC-2003-2115-CRA CPC-1999-324-ICO CPC-1999-2293-ICO CPC-1997-43-CPU CPC-1986-835-GPC ORD-182960 ORD-182173-SA18:6 ORD-173562 ORD-165663-SA380 ENV-2016-1451-EIR ENV-2014-670-SE ENV-2005-2158-EIR City of Los Angeles Department of City Planning 10/17/2017 PARCEL PROFILE REPORT Address/Legal Information PIN Number 144B189 200 Lot/Parcel Area (Calculated) 6,749.9 (sq ft) Thomas Brothers Grid PAGE 593 - GRID G5 Assessor Parcel. (APN) 5534015007 Tract GRIDER AND HAMILTONS HOLLYWOOD TRACT Map Reference M B 9-12 Block Lot 317 Arb (Lot Cut Reference) Map Sheet 144B189 Jurisdictional Information Community Plan Area Hollywood Area Planning Commission Central Neighborhood Council Hollywood Studio District Council District CD 13 - Mitch O'Farrell Census Tract # 1909.02 LADBS District Office Los Angeles Metro Planning and Zoning Information Special tes Zoning R3-1 Zoning Information (ZI) ZI-1352 Hollywood Redevelopment Project ZI-2277 Hollywood Redevelopment Project ZI-2374 LOS ANGELES STATE ENTERPRISE ZONE ZI-2452 Transit Priority Area in the City of Los Angeles ZI-2433 Revised Hollywood Injunction General Plan Land Use Medium Residential General Plan Footnote(s) Yes Hillside Area (Zoning Code) Specific Plan Area Subarea Special Land Use / Zoning Design Review Board Historic Preservation Review Historic Preservation Overlay Zone Other Historic Designations Other Historic Survey Information Mills Act Contract CDO: Community Design Overlay CPIO: Community Plan Imp. Overlay Subarea CUGU: Clean Up-Green Up NSO: Neighborhood Stabilization Overlay POD: Pedestrian Oriented Districts SN: Sign District Streetscape Adaptive Reuse Incentive Area Adaptive Reuse Incentive Areas This report is subject to the terms and conditions as set forth on the website. For more details, please refer to the terms and conditions at zimas.lacity.org (*) - APN Area is provided "as is" from the Los Angeles County's Public Works, Flood Control, Benefit Assessment. zimas.lacity.org planning.lacity.org Ellis Act Property Rent Stabilization Ordinance (RSO) Yes Transit Oriented Communities (TOC) Tier 2 CRA - Community Redevelopment Agency Hollywood Redevelopment Project Central City Parking Downtown Parking Building Line 500 Ft School Zone 500 Ft Park Zone Assessor Information Assessor Parcel. (APN) 5534015007 APN Area (Co. Public Works)* 0.155 (ac) Use Code 0200 - Residential - Double, Duplex, or Two Units - 4 Stories or Less Assessed Land Val. $655,452 Assessed Improvement Val. $280,908 Last Owner Change 05/06/2016 Last Sale Amount $900,009 Tax Rate Area 200 Deed Ref. (City Clerk) 85032-34 786346 767545 720422 704417 690373 441986 375666-68 2063156 1748983 14-15 Building 1 Year Built 1920 Number of Units 1 Number of Bedrooms 2 Number of Bathrooms 1 Building Square Footage 956.0 (sq ft) Building 2 Year Built 1924 Number of Units 1 Number of Bedrooms 1 Number of Bathrooms 1 Building Square Footage 679.0 (sq ft) Building 3 data for building 3 Building 4 data for building 4 Building 5 data for building 5 Additional Information Airport Hazard Coastal Zone Farmland Area t Mapped Urban Agriculture Incentive Zone YES Very High Fire Hazard Severity Zone Fire District. 1 Flood Zone Watercourse Hazardous Waste / Border Zone Properties Methane Hazard Site This report is subject to the terms and conditions as set forth on the website. For more details, please refer to the terms and conditions at zimas.lacity.org (*) - APN Area is provided "as is" from the Los Angeles County's Public Works, Flood Control, Benefit Assessment. zimas.lacity.org planning.lacity.org N BEACHWOOD DR. PRESENTED BY SVIDLER & KRASMAN 14 Partners Trust Real Estate Brokerage & Acquisitions does not guarantee the accuracy of estimates, square footages, lot size, government approvals, construction concepts, construction plans, construction progress, inspections, investigations, reports or other information concerning the condition or features of the property or project provided by the seller or obtained from public records or other sources and the buyer is advised to independently verify the accuracy of all information through personal inspection, with appropriately licensed professionals and city officials. All pro-formas, projections, assumptions, concepts, construction plans, studies, estimates, etc. are presented as a possible scenarios; buyer, their agents and everyone else associated with the purchase of this property to rely on their own pro-formas, projections, assumptions, investigations, consultations, estimates, etc. If images of construction projects are listed, they are just for illustrative purposes and not necessarily meant to be an actual depiction of what can be built.
LOCATION / NEARBY ATTRACTIONS SUBJECT PROPERTY N BEACHWOOD DR. PRESENTED BY SVIDLER & KRASMAN 15 Partners Trust Real Estate Brokerage & Acquisitions does not guarantee the accuracy of estimates, square footages, lot size, government approvals, construction concepts, construction plans, construction progress, inspections, investigations, reports or other information concerning the condition or features of the property or project provided by the seller or obtained from public records or other sources and the buyer is advised to independently verify the accuracy of all information through personal inspection, with appropriately licensed professionals and city officials. All pro-formas, projections, assumptions, concepts, construction plans, studies, estimates, etc. are presented as a possible scenarios; buyer, their agents and everyone else associated with the purchase of this property to rely on their own pro-formas, projections, assumptions, investigations, consultations, estimates, etc. If images of construction projects are listed, they are just for illustrative purposes and not necessarily meant to be an actual depiction of what can be built.
AREA/MARKET OVERVIEW HOLLYWOOD Hollywood is a neighborhood in the central region of Los Angeles, California. This ethnically diverse, densely populated neighborhood is notable as the home of the U.S. film industry, including several of its historic studios, and its name has come to be a shorthand reference for the industry and the people in it. A larger-than-life symbol of the entertainment business, Hollywood beckons tourists with landmarks like TCL Chinese Theatre and star-studded Walk of Fame. Highlights include Paramount Pictures, historic music venues like the Hollywood Bowl, and Dolby Theatre, home of the Oscars. Scenesters can choose from improv comedy clubs, retro-cool bars and velvet-roped nightclubs. Locals frequent eateries in nearby Thai Town. DEMOGRAPHICS The 2000 U.S. census counted 77,818 residents in the 3.51-square-mile (9.1 km2) Hollywood neighborhood an average of 22,193 people per square mile (8,569 per km2), the seventh-densest neighborhood in all of Los Angeles County. In 2008 the city estimated that the population had increased to 85,489. A larger-than-life symbol of the entertainment business. N BEACHWOOD DR. PRESENTED BY SVIDLER & KRASMAN 16
PARTNERS TRUST 9378 Wilshire Boulevard, Suite 200 Beverly Hills, CA 90212 PARTNERSTRUST.COM Exclusively Listed by DARIO SVIDLER 310.500.3301 dario@thepartnerstrust.com calbre# 01884474 ZACHARY KRASMAN 310.500.3906 zach@thepartnerstrust.com calbre# 01814990 Partners Trust Real Estate Brokerage & Acquisitions does not guarantee the accuracy of estimates, square footages, lot size, government approvals, construction concepts, construction plans, construction progress, inspections, investigations, reports or other information concerning the condition or features of the property or project provided by the seller or obtained from public records or other sources and the buyer is advised to independently verify the accuracy of all information through personal inspection, with appropriately licensed professionals and city officials. All pro-formas, projections, assumptions, concepts, construction plans, studies, estimates, etc. are presented as a possible scenarios; buyer, their agents and everyone else associated with the purchase of this property to rely on their own pro-formas, projections, assumptions, investigations, consultations, estimates, etc. If images of construction projects are listed, they are just for illustrative purposes and not necessarily meant to be an actual depiction of what can be built.