OMAR TING

Senior Associate- Multi-Family, Apartment, Land Specialist Direct: 818.286.1210 Fax: 818.754.1364

ADAM PETERSON
Director of Marketing Direct: 818.286.1200 Fax: 818.754.1364

Contact Omar Ting or Adam Peterson for complete information on any of the following opportunities or to be added or removed from this list

JULY 23, 2007 – August 6, 2007 Exclusive Listings
833 Fedora St. Los Angeles, CA 90005 24 Units
A four-story brick building comprised of twenty-four 1-bedroom/1-bathroom apartments. Sixteen of the units have been upgraded with tile flooring, carpeting, new cabinets, and fresh paint. These remodeled units are renting at $1,200 per month and up. The property has been meticulously maintained and features copper plumbing, upgraded 220V electricity, a redundant water heater for emergency use, separate gas and electric metering, and laundry machines in the basement. The building is also fully equipped with fire sprinklers and has front and rear staircases. The building operates at a current 6.70% cap rate and 10.29 GRM. $3,250,000

742 Maltman Avenue Los Angeles, CA 90026

6 Units

Built in 1962, “Maltman Manor” is comprised of four 2-bedroom/1-bathroom units and two 1-bedroom/1-bathroom units. The “owner’s unit” is currently vacant and is slightly larger compared to the other two-bedroom units—it comes with an additional room which can be used as a third bedroom, den, office, or study, etc. There are 4 covered parking spaces and 1 uncovered; all spaces are on-site and gated. The property is separately metered for gas and electricity, and master metered for water. The electronic sliding gate and intercom entry offer additional security and convenience for tenants. The second story units offer scenic views of Los Angeles. The Silverlake rental market is second to none in the immediate area with first-rate units bringing over $1900 per one-bedroom and over $2400 per two-bedroom. $1,200,000

1016, 1020, 1022 Figueroa Terrace Los Angeles, CA 90012

3 Units

Charming triplex comprised of two separate buildings. 1016 Figueroa Terrace is a 2-bedroom/1-bath stand-alone bungalow. 1020/1022 Figueroa Terrace is a duplex containing a 1-bedroom/1-bath apartment and a single unit. All units have unobstructed views of the Downtown Los Angeles skyline and feature security gates. 1016 has been remodeled with new tile flooring and paint while 1020 and 1022 have new hardwood floors, tiled bathrooms, and fresh paint. A driveway and a single-vehicle carport separate the two structures. Located in Chinatown heights, adjacent to Dodger Stadium. $775,000

1438 Wright Street Los Angeles, CA 90015

20 Units

This property was built in 1928 and is comprised of 20 one-bedroom/one-bathroom units with ten units on the first floor and ten units on the second floor. No parking is provided on the premises. All kitchens have been upgraded. Income is currently at a 5.34% cap rate and 11.75 GRM. Akin to 1430 Wright Street, we expect that demand for nearby affordable housing will rise, increasing the appeal and cash flow of the property upon the completion of LA Live and other Downtown entertainment projects. $1,900,000 REDUCED

1155 West 27th Street Los Angeles, CA 90007

5 Units

North University Park Historic USC Student Housing Building located between Hoover and Magnolia. This five-unit building is comprised of one 4-unit building on the front (South) of the property, and one 1-unit building at the back (North). Each of the 4-units in the front house is 3-bedrooms/1-bathroom. The rear unit is a 1-bedroom/1bathroom apartment. This property features 13 total bedrooms. Every unit has a living room, dining room, kitchen, small laundry room, and separate front and rear entrances. The 1-bed/1bath unit rests atop 4 garages used for storage. There is a driveway leading to a paved lot behind the building allowing parking for 2 to 4 cars depending on the owner's preferred configuration. $1,175,000

203 N. Benton Way Los Angeles, CA 90026

5 Units

Large 4,792 square foot lot containing a 1,564 sq.-ft. 3 bed/1.5 bath house and a 2,690 sq.-ft., 2-story, 4-unit apartment complex. Property is located in Historic Filipino Town on the corner of Benton Way and Council Street. Conveniently located between Beverly Blvd. and the 101/Hollywood Freeway. Income is currently at a 5.05% cap rate and 11.77 GRM. This package offers the perfect opportunity for an owner/occupant situation-- offset the price of your home with the apartment complex income! $700,000

Price Reductions
14430 Vose Street Van Nuys, CA 91405 6 Units
Non rent control development or value added opportunity. Existing 6-unit apartment building, in prime location of Van Nuys. Zoning is R3, 13+ buildable units on an approximately 10,410 sq.-ft. lot. Current income is approximately $50,000 annual. $790,000

6949 Sepulveda Boulevard Van Nuys, CA 91405

22 Units

Great development opportunity in prime area of Van Nuys. Currently a working 22-unit motel on a 28,009 sq.-ft. lot with potential to build up to 35 units. Eligible for 35% density bonus in a growing condominium submarket. $2,450,000

71843 Highway 111 Rancho Mirage, CA 92270

3 Class A Offices

Medical Space in prime location of Rancho Mirage across from the high profile complex, The River. 7,250 sq.-ft. building of which 2,500 sq.-ft. is approved medical space. This is a true, fully occupied triple-net. $3,987,500