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5800-5820M A R M I O N W AY

H i g h P r o f i l e M u lt i fa m i ly O p p o r t u n i t y i n t h e H e a r t o f B u r g e o n i n g H i g h l a n d Pa r k

Capital Markets | Investment Properties

adjacent to the Gold Line

Natalie Aghaei

Lic. 01939416

+1 310 948 2948

[email protected]

Greg Nassir

Lic. 01775052

+1 818 907 4697

[email protected]

Joyce Goldstein

Lic. 01903737

+1 818 502 6700

[email protected]

Ed Matevosian

Lic. 01358783

+1 818 502 6744

[email protected]

For more information, please contact:

1 CBRE, INC. | 2

TABLE OF CONTENTS

EXECUTIVE SUMMARY // 3

AREA OVERVIEW // 9

MARKET OVERVIEW // 31

PROPERTY OVERVIEW // 39

Affiliated Business Disclosure

CBRE, Inc. operates within a global family of companies with

many subsidiaries and/or related entities (each an “Affiliate”)

engaging in a broad range of commercial real estate businesses

including, but not limited to, brokerage services, property and

facilities management, valuation, investment fund management

and development. At times different Affiliates may represent

various clients with competing interests in the same transaction.

For example, this Memorandum may be received by our Affiliates,

including CBRE Investors, Inc. or Trammell Crow Company.

Those, or other, Affiliates may express an interest in the property

described in this Memorandum (the “Property”) may submit an

offer to purchase the Property and may be the successful bidder

for the Property. You hereby acknowledge that possibility and

agree that neither CBRE, Inc. nor any involved Affiliate will have

any obligation to disclose to you the involvement of any Affiliate

in the sale or purchase of the Property. In all instances, however,

CBRE, Inc. will act in the best interest of the client(s) it represents

in the transaction described in this Memorandum and will not

act in concert with or otherwise conduct its business in a way

that benefits any Affiliate to the detriment of any other offeror

or prospective offeror, but rather will conduct its business in a

manner consistent with the law and any fiduciary duties owed

to the client(s) it represents in the transaction described in this

Memorandum.

Confidentiality Agreement

This is a confidential Memorandum intended solely for your

limited use and benefit in determining whether you desire to

express further interest in the acquisition of the Property.

This Memorandum contains selected information pertaining

to the Property and does not purport to be a representation of

the state of affairs of the Property or the owner of the Property

(the “Owner”), to be all-inclusive or to contain all or part of

the information which prospective investors may require to

evaluate a purchase of real property. All financial projections and

information are provided for general reference purposes only

and are based on assumptions relating to the general economy,

market conditions, competition and other factors beyond the

control of the Owner and CBRE, Inc. Therefore, all projections,

assumptions and other information provided and made herein

are subject to material variation. All references to acreages,

square footages, and other measurements are approximations.

Additional information and an opportunity to inspect the Property

will be made available to interested and qualified prospective

purchasers. In this Memorandum, certain documents, including

leases and other materials, are described in summary form.

These summaries do not purport to be complete nor necessarily

accurate descriptions of the full agreements referenced.

Interested parties are expected to review all such summaries and

other documents of whatever nature independently and not rely

on the contents of this Memorandum in any manner.

Neither the Owner or CBRE, Inc, nor any of their respective

directors, officers, Affiliates or representatives make any

representation or warranty, expressed or implied, as to the

accuracy or completeness of this Memorandum or any of its

contents, and no legal commitment or obligation shall arise

by reason of your receipt of this Memorandum or use of its

contents; and you are to rely solely on your investigations and

inspections of the Property in evaluating a possible purchase of

the real property.

The Owner expressly reserved the right, at its sole discretion,

to reject any or all expressions of interest or offers to purchase

the Property, and/or to terminate discussions with any entity

at any time with or without notice which may arise as a result

of review of this Memorandum. The Owner shall have no

legal commitment or obligation to any entity reviewing this

Memorandum or making an offer to purchase the Property

unless and until written agreement(s) for the purchase of the

Property have been fully executed, delivered and approved by

the Owner and any conditions to the Owner’s obligations therein

have been satisfied or waived.

By receipt of this Memorandum, you agree that this Memorandum

and its contents are of a confidential nature, that you will hold

and treat it in the strictest confidence and that you will not

disclose this Memorandum or any of its contents to any other

entity without the prior written authorization of the Owner or

CBRE, Inc. You also agree that you will not use this Memorandum

or any of its contents in any manner detrimental to the interest

of the Owner or CBRE, Inc.

If after reviewing this Memorandum, you have no further interest

in purchasing the Property, kindly return this Memorandum to

CBRE, Inc.

3 CBRE, INC. | 4

EXECUTIVE SUMMARY

5 CBRE, INC. | 6

CBRE, Inc., as the exclusive advisor, is pleased to present this excellent non-rent controlled multifamily opportunity located in Brooklyn’s west coast counterpart,

Highland Park. This unique value-add investment provides the new owner the option to increase income by completing minor renovations and increasing the

rental rate or to explore potential development opportunities. The 60-unit building, constructed in 1987, features two singles, twenty-seven 1-bedrooms, and

thirty-one 2 bedroom units. All of the apartment homes offer central air and heat and many feature spacious patios or balconies, laminate flooring, and tiled

kitchens.

Located in the Heart of Thriving, Dynamic Highland Park

THE OFFERING

PARKING

SUBJECT PROPERTY

GOLD LINE

PARKING

7 CBRE, INC. | 8

Strong rental DemanD

The Property boasts a 2015 vacancy rate of less

than 2.5%.

ViSibility anD acceSS

Situated in front of the Highland Park Gold Line

station approximately .5 miles from the 110

Freeway.

DiVerSe Unit mix

Desirable mix of units from studios to 2-bedroom

apartment homes to satisfy every resident’s needs

Significant UpSiDe potential

Ability to reposition and upgrade the apartment

building with strong in-place cash-flow, realizing

market premium rents and capitalizing on

significantly below market in-place rents.

lanDmark mUltifamily toD opportUnity

The parcel’s unique mixed-use designation and placement

directly in front of the Highland Park Gold Line Station creates

a perfect canvas for a TOD developer’s masterpiece.

tranSit-orienteD location

The Property is directly in front of the Highland Park Metro

Gold Line Station with immediate access to Downtown Los

Angeles, Downtown Pasadena, and the San Gabriel Valley.

INvESTMENT

HIGHLIGHTS

9 CBRE, INC. | 10

AREA OVERVIEW

11 CBRE, INC. | 12

Highland Park is adjacent to Pasadena, South Pasadena, and Eagle Rock

and a few minutes away from Downtown LA, Silver Lake, and Glendale.

Given the proximity to some of the most vibrant areas in Los Angeles,

this neighborhood has thrived as a distinct neighborhood with historically

high attraction from local inhabitants. Bordering the 110 freeway on the

east and Eagle Rock on the west, Highland Park has evolved into one of

Los Angeles most trendy neighborhoods .

The overall population of the area is 64,612 residents in a total area of 3.5

square miles. This makes Highland Park one of the densest areas in Los

Angeles County. Given the rising demand of the area by inhabitants, local

population is expected to grow almost 5% between 2015 and 2020 (over

1% greater than LA County). The combination of density and current

gentrification has caused the value of housing units to thrive. Currently

average home values rest at $521,979 which is consistent with LA County

as a whole. Beyond the attraction of home ownership, multi-family

apartments units are constantly in demand. Currently apartment housing

vacancy is hovering around 3.3% with 1 bedroom asking rents averaging

$1,100. These rates make Highland Park a cost alternative to the other

neighborhoods in the area, causing demand to grow. In addition to the

current units in place, there are several planned multi-family developments

(instead of constructions) to hit the pipeline in upcoming years.

Commercial properties remain in high demand as market fundaments

continue to remain strong. Office vacancy is currently less than 1% with

an average asking rent of $2.29 Full Service Gross. Retail properties are

experiencing very low vacancy around 2% and average asking net rents

around $2.44. Given retail is the largest commercial property subgroup

in the Highland Park, the low vacancy rate is a result of the vibrant and

growing local population.

Highland Park - Brooklyn’s West Coast Counterpart

highland park overview major employerS

mUltifamily market StatiSticS

Vacancy rate aSking rent per Sf

“Highland Park rents have risen approximately 32% since 2010.”

“The Highland Park multifamily market occupancy averaged over 96% over the last 5 years.”

“Highland Park’s vacancy rate has decreased approximateky 2% since 2010 to 3.2%.”

“The population of Highland Park in 2015 was 64,612 almost a 4.5% increase from 2010 and is expected to grow by over 4.7% for the next 5 years.”

13 CBRE, INC. | 14

The Highland Park Station of the Metro Gold Line serves as the area’s major mode of public transportation, providing riders practical and affordable access to

Downtown Los Angeles, East Los Angeles, Pasadena, South Pasadena and points east in the San Gabriel Valley.

The Foothill Gold Line expansion to Azusa is forecasted to be operational in early 2016 with further expansion to Montclair underway, providing rail access

throughout the San Gabriel Valley.

Approximatley 12 million annual boardings. (www.metro.net.com)

THE METRO GOLD LINEmap of the metro

Over four million people reside in theTri-Cities area and in the neighboringSan Gabriel and San Fernando Valleys.

12 minutes to Dtla

3 minutes to South pasadena

15 CBRE, INC. | 16

EDUCATIONThe up-and-coming neighborhood, Highland Park, offers convenient access to a plethora of world class educational institutions. An area resident enjoys

convenient access to schools such as the California Institute of Technology, Azusa Pacific University, the University of Southern California, Occidental College,

Loyola Law School, Southwestern Law School and Pasadena City College within minutes. Each institution produces a rich source of skilled labor capable of

pursuing highly specialized occupations and business ventures. The local talent nearby, the strong demographics, and the mass transit in Highland Park, will

continue the elevating trend of this community’s desirability.

17 CBRE, INC. | 18

pOPULATION

2015 ESTIMATED POPULATION 64,612

2020 ESTIMATED POPULATION 67,640

RACE & ETHNICITY

2015 ESTIMATED POPULATION BY RACE AND ORIGIN

64,612

White 31,311 48.5%

Black 1,596 2.5%

Asian 7,804 12.1%

Pacific Islander 67 .1%

American Indian &Alaska Native

721 1.1%

Other Race 3,439 5.3%

Two or More Races 3,439 5.3%

Hispanic 44,925 69.5%

White Non-Hispanic 8,491 14.7%

Education

2015 ESTIMATED POPULATION OvER 25 BY EDUCATIONAL ATTAINMENT

42,552

Doctoral Degree 501 1.2%

Professional Degree 872 2.0%

Master’s Degree 2,806 6.6%

Bachelor’s Degree 7,241 17.0%

Associate Degree 2,872 6.7%

Some College 7,541 17.7%

High School Diploma 7,735 18.2%

High School - No Diploma 5,615 13.2%

Less Than 9th Grade 7,368 17.3%

HOUSING

2015 ESTIMATED OWNER OCCUPIED UNITS

9,191

2015 ESTIMATED RENTER OCCUPIED UNITS

11,714

HOUSEHOLDS

2015 HOUSEHOLDS 20,905

2020 HOUSEHOLDS 22,059

HOUSEHOLD INCOMES

2015 AvERAGE HOUSEHOLD INCOME

$68,131

2020 AvERAGE HOUSEHOLD INCOME

$70,318

DEMOGRAPHICS

DEMOGRAPHICS Map

19 CBRE, INC. | 20

AMENITIES Map

Development Pipeline for HIGHLAND PARK

21 CBRE, INC. | 22

Downtown Los Angeles built up around the original settlements in the

region, and is naturally its geographic center. It has become one of the

most dynamic urban centers in the West and the regional hub of Southern

California. It contains the largest concentration of office space and cultural

amenities, is the center of an extensive transportation network, and is the

focal point for investment capital by public and private sources. The city’s

renaissance, which began in the mid-1990s, has accelerated. According to

the Downtown Center BID (DowntownLA.com), investment in Downtown

LA from 1999 to 2014 has been approximately $19.3 billion. Out of this $19.3

billion investment over the years, $7.3 billion of it has been in the residential

sector. The residential and retail sectors have seen significant growth, which

the hotel market continues to expand to meet the demand from over 10

million visitors annually.

Downtown Los Angelesmajor Dtla employerS

DTLA AMENITIES Map

Fresh Freight Air DTLA City Hall

Down Town Professional

23 CBRE, INC. | 24

Downtown Los Angeles

DEVELOPMENT PIPELINE FOR DTLA

25 CBRE, INC. | 26

The city of South Pasadena, located less than 10 miles from Downtown Los Angeles, is a fully built-out community that takes pride in maintaining its local identity

and connection to the community. The city is well known for its landscape, unique small businesses, and top quality schools. Throughout its history, the City

has taken considerable measures to preserve its distinctive small-town feel. However, the demands by residents and the city for additional services and revenue

have allowed for retail growth. In addition to South Pasadena’s numerous “mom and pop” (local) retail dining and shopping establishments, the city is also home

to multiple national vendors. Large super market retailers include Trader Joes, Pavilions, Bristol Farms and Ralphs. Local demographics continue to hold strong

as South Pasadena boasts an average household income of $110,280 versus the LA County average of $78,309.

South Pasadena

Vibrant olD town paSaDenaOld Town Pasadena is nationally recognized for its vibrant main street revitalization and preserved historic charm. The historic streets and alleyways, rustic brick

façades and architectural accents of Pasadena’s original business district have come to create a unique and lively entertainment focal point for residents and

tourists alike. Physically bound by Walnut Street to the north, Pasadena Avenue to the west, Del Mar Boulevard to the south and Arroyo Parkway to the east,

Old Town Pasadena encompasses twenty-two blocks providing access to over 120 restaurants, shops, and entertainment venues, 35 specialty retail stores, a

Courtyard by Marriott Hotel and several other leading attractions. Old Town Pasadena offers a unique opportunity to live, work and play in an exciting, urban

setting featuring an authentic downtown experience. Located at the intersection of South Arroyo Parkway and East Colorado, the Property provides immediate

access to everything Old Town Pasadena has to offer and an opportunity to extend the excitement of Old Town further down Colorado Boulevard.

Pasadena

27 CBRE, INC. | 28

Pasadena AMENITIES MappaSaDena temployerS

29 CBRE, INC. | 30

LA METRO MAP LA REGIONAL Map

GOLD LINE

31 CBRE, INC. | 32

MARKET OVERVIEW

33 CBRE, INC. | 34

RENT COMPARABLESCOMPARABLE 1 - AvENUE 51 COMPARABLE 2 - ARROYO SECO vILLAGE

119 North Avenue 51

Los Angeles, CA 90042

Year Built: 1990

Number of Units: 103

5860 Benner St


Year Built: 1979


AVENUE 51

Page 1 of 8Avenue 51

10%UNIT TYPE: Studio

22%UNIT TYPE: 1+1

70%UNIT TYPE: 2+1

100%UNIT TYPES:

1 +1 - Unknown2 +2 - Unknown

BUILDING AMENITIES BUILDING AMENITIES

UNIT AMENITIES UNIT AMENITIES

Unit Type # of units Price size price/sf

Studio 10 $980 300 $3.27

1 BD + 1 BA 23 $1,375 500 $2.75

2 BD + 1 BA 70 $1,575 750 $2.10


2 BD + 2 BA - $1,975 753 $2.62

Controlled Access

Elevator

Barbecue

Meeting Room

Picnic Area

Playground

Private Balcony/Patio

In Select UnitsBalcony

Central Air and Heat

Balcony

Cable Ready

On-site Laundry Spa

Secured Entry

Sauna

Greenbelt/Park

Semi-Private Entry


Dishwasher

Microwave

Subterranean Parking Sport Court

Pool

Carport Parking

High Speed Internet

Access

Oven Range

Refrigerator

COMPARABLE 3 - PASADENA PARK PLACE COMPARABLE 4 - GARvANZA APARTMENTS*

101 Bridewell Street


Year Built: 1987


6415 Garvanza Ave,


Year Built: 1992

Number of Units: 24

PASADENA PARK PLACE

Page 1 of 8Pasadena Park Place

23%UNIT TYPE: Studio

20%UNIT TYPE: 1+1

56%UNIT TYPE: 2+2 100%

UNIT TYPE: 2+2




Studio 30 $1,325 440 $3.01

1 BD + 1 BA 26 $1,485 616 $2.41

2 BD + 2 BA 72 $1,850 830 $2.23


2 BD + 2 BA 24 $1,695 712 $2.38

Secured Entry

Fitness Center

Swimming Pool

Master Suite with walk

in closet

Secured entry


Semi-Private Entry

Hardwood Floors


Spa

On-site Laundry

Subterranean parking

On-site Laundry

Services Provided As


Dishwasher

Covered Parking

Elevator

Balcony or patio in

most units

Dual-Pane Glass High

Speed Internet Access

Range

35 CBRE, INC. | 36

RENT COMPARABLESCOMPARABLE 5 - ASPEN COMPARABLE 6 - EAGLE ROCK

2345 Merton


Year Built: 1986

Number of Units: 67

4323 Eagle Rock Blvd


Year Built: 1987

Number of Units: 99

ASPEN

Page 1 of 13Aspen

EAGLE ROCK

Page 1 of 21Eagle Rock




1 BD + 1 BA 42 $1,395 425 $3.28

2 BD + 2 BA 25 $1,650 825 $2.00


1 BD + 1 BA 45 $1,345 500 $2.69

2 BD + 2 BA 54 $1,725 1000 $1.73

Secured Entry Secured Entry

Pool


In Select Units


Balcony

Cable Ready

On-site Laundry On-site Laundry

Caport Parking

High Speed Internet

Access

Dishwasher

Microwave

Covered Parking Elevator

Central Air and Heat Oven Range

Refrigerator

37%UNIT TYPE: 2+2

45%UNIT TYPE: 1+1

63%UNIT TYPE: 1+1

55%UNIT TYPE: 2+2

COMPARABLE 7 - vILLA PIEDRA COMPARABLE 8 - YOSEMITE MANOR

4433 Eagle Rock Blvd


Year Built: 1990


1520 Yosemite


Year Built: 1986

Number of Units: 56

VILLA PIEDRA

Page 1 of 21Villa Piedra

YOSEMITE MANOR

Page 1 of 22Yosemite Manor




1 BD + 1 BA 100 $1,195 700 $1.71

2 BD + 2 BA 28 $1,595 875 $1.82

3 BD + 2 BA 4 - - -


1 BD + 1 BA 24 $808 500 $1.62

2 BD + 2 BA 32 - - -

Elevator

On-site Laundry

Elevator

On-site Laundry


Balcony

Cable Ready

Cable Ready


Pool

*Age restricted

Pool

*Age restricted

Dishwasher

Microwave

High Speed Internet

Access

Spa Spa

Oven Range

Refrigerator

Oven Ranget

43%UNIT TYPE: 1+1

57%UNIT TYPE: 2+2

3%UNIT TYPE: 3+2

21%UNIT TYPE: 2+2

76%UNIT TYPE: 1+1

37 CBRE, INC. | 38

RENT COMPARABLES MAP

AVENUE 51

Page 1 of 8Avenue 51

EAGLE ROCK

Page 1 of 21Eagle Rock

PASADENA PARK PLACE

Page 1 of 8Pasadena Park Place

YOSEMITE MANOR

Page 1 of 22Yosemite Manor

ASPEN

Page 1 of 13Aspen

VILLA PIEDRA

Page 1 of 21Villa Piedra

39 CBRE, INC. | 40

PROPERTY OVERVIEW

41 CBRE, INC. | 42

Address 5800-5820 Marmion Way, Highland Park, CA 90042

APN 5492-012-021

Lot Size 31,538 SQ FT

Building Size 42,272 SQ FT

Parking58 Spaces plus a public parking lot on each side of

the Property

ELECTRIC Individually Metered

GAS Master Metered

Units 60

Laundry 6 Washers & 6 Dryers

property summaryBuilding Features

On-grade, secured parking garage

21 storage units

Laundry room

Secured entry

Central heat and air

Resident manager

Trash chutes

Well maintained common areas

UNIT Features

Laminate flooring in most units

Granite or tile kitchen countertops

Tiled kitchen flooring

Spacious patios or balconies in many units

Ceiling fans in most units

Microwave Oven In Select Units

High Speed Internet Access

43 CBRE, INC. | 44

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45 CBRE, INC. | 46

Exterior View

FINANCIAL

OVERVIEW

PROPERTY ABSTRACT

UNITS 60

YEAR BUILT 1987

LOT SQ. FT. 31,538 SF

BLDG GROSS SQ. FT. 42,272 SF

AVERAGE UNIT SIZE 705 SF

ELECTRIC Individually Metered

GAS Master Metered

UNIT MIX

2: Studio

27: 1 + 1

31: 2 + 1

PROJECTED ANNUALIZED EXPENSEs

CUrreNt Market

TaxesTBD by

Purchase PriceTBD by

Purchase Price1.191994% Price

Waste Removal $7,800 $7,800 $650 Per Month *

Insurance $21,000 $21,000 $350 Per unit

License Fees $6,000 $6,000 $100 Per Unit

Landscaping $4,200 $4,200 $350 Per Month*

Repair & Maintenance $24,000 $24,000 $400 Per Unit*

On-Site Management $13,800 $13,800 Free Unit

Off-Site Management $34,837 $46,286 4% of SGI

Utilities $57,600 $57,600 $960 Per Unit*

Miscellaneous/Reserves $3,000 $3,000 $50 Per Unit*

Total Expenses *Estimation based on actualexpense

$172,237 $183,686

PROJECTED Annualized Income

CUrreNt Market

Rental Income $854,064 $1,131,000

LAUNDRY INCOME$4,320

$6/mo per unit ($72/yr) $5,760

$8/mo per unit ($96/yr)

Storage Revenue $6,000 $12,600

Scheduled Gross Income $864,384 $1,149,360

Less Vacancy 3% | ($25,931) 3% | ($34,480)

Effective Gross Income $838,452 $1,114,879

Less Expenses ($172,237) ($183,686)

INCOME BEFORE PROPERTY TAX* *Buyer to estimate property taxbased on purchase price.

$666,215 $931,193

unit mix & schedule income

Unit Mix total UNitsCUrreNt reNt (avg Per UNit)

total MoNthlY reNt

Market reNt total

MoNthlY reNt

Studio 2 $989 $1,984 $1,300 $2,600

1+1 27 $1,072 $28,950 $1,500 $40,500

2+1 31 $1,298 $40,238 $1,650 $51,150

Storage $500 $1050

Scheduled Monthly Rent $71,172 $94,250

Scheduled Yearly Rent $854,064 $1,131,000

© 2016 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. 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.

47 CBRE, INC. | 48

UNIT # FLOORPLAN Move-in lease start lease end Lease Rent STORAGE

200 1 + 1 01/24/2013 09/01/2015 08/31/2016 $1,030 $0

201 2 + 1 09/12/2010 03/01/2015 02/29/2016 $1,235 $25

202 2 + 1 04/23/2015 04/23/2015 04/30/2016 $1,350 $0

203 2 + 1 01/01/2014 09/01/2015 08/31/2016 $1,300 $25

204 2 + 1 12/01/2006 05/01/2015 04/30/2016 $1,263 $0

205 2 + 1 08/01/2014 11/02/2015 10/31/2016 $1,350 $0

206 1 + 1 12/05/2014 12/05/2014 11/30/2015 $1,050* $0

207 1 + 1 04/03/2015 04/03/2015 03/31/2016 $1,150 $0

208 1 + 1 07/01/2015 07/01/2015 06/30/2016 $1,150 $0

209 1 + 1 11/01/2012 03/01/2015 08/31/2015 $955 $0

210 2 + 1 09/15/2009 04/01/2015 09/30/2015 $1,235 $0

211 2 + 1 04/21/1998 04/21/1998 04/20/1999 $950* $0

212 2 + 1 10/01/2008 10/01/2015 09/30/2016 $1,330 $0

214 1 + 1 05/30/2015 05/30/2015 05/31/2016 $1,150 $0

215 Studio 12/21/2015 12/21/2015 12/31/2016 $985 $0

216 1 + 1 06/01/2012 06/01/2015 05/31/2016 $998 $0

217 2 + 1 08/28/2015 08/28/2015 08/31/2016 $1,400 $0

218 2 + 1 12/12/2014 12/12/2014 12/31/2015 $1,150** $0

219 2 + 1 11/01/2009 06/01/2015 05/31/2016 $1,267 $25

220 1 + 1 11/03/2012 03/01/2015 02/29/2016 $1,088 2($25)

221 2 + 1 03/01/2015 03/01/2015 02/29/2016 $1,350 $25

222 1 + 1 02/18/2015 02/18/2015 02/29/2016 $1,150 $0

223 1 + 1 09/01/2011 06/01/2015 05/31/2016 $998 $0

224 1 + 1 12/30/2014 12/30/2014 12/31/2015 $1,150 $0

225 1 + 1 11/01/2013 09/01/2015 08/31/2016 $1,075 $0

226 2 + 1 07/01/2012 11/01/2015 10/31/2016 $1,362 $0

227 2 + 1 12/20/2013 08/01/2015 01/31/2016 $1,320 $0

228 2 + 1 06/01/2013 06/01/2015 05/31/2016 $1,280 $0

229 1 + 1 06/03/2009 08/01/2015 07/31/2016 $1,075 $0

230 Studio 03/06/2015 03/06/2015 03/05/2016 $992* $0

300 1 + 1 09/01/2012 09/01/2015 08/31/2016 $1,051 $0

301 2 + 1 06/07/2008 07/01/2015 06/30/2016 $1,293 $0

302 2 + 1 09/16/2015 09/16/2015 09/30/2016 $1,400 $0

303 2 + 1 03/01/2014 10/01/2015 03/31/2016 $1,350 $25

304 2 + 1 01/01/2008 08/01/2015 07/31/2016 $1,293 $0

UNIT MIX & RENT ROLLUNIT # FLOORPLAN Move-in lease start lease end Lease Rent STORAGE

305 2 + 1 02/24/2015 02/24/2015 02/29/2016 $1,025 $0

306 1 + 1 10/16/2015 10/16/2015 10/31/2016 $1,200 $0

307 1 + 1 04/15/2015 04/15/2015 04/30/2016 $1,150 $0

308 1 + 1 02/01/2014 07/01/2015 06/30/2016 $998 $0

309 1 + 1 03/16/2015 03/16/2015 03/15/2016 $1,150 $0

310 2 + 1 02/01/2006 06/01/2015 11/30/2015 $1,340 $0

311 2 + 1 10/30/2015 10/30/2015 10/31/2016 $1,400 $0

312 2 + 1 01/05/2008 07/01/2015 06/30/2016 $1,290 $0

314 1 + 1 01/01/2014 10/01/2015 09/30/2016 $1,150 $0

315 1 + 1 03/25/2000 03/26/2015 03/31/2016 $972 2($25)

316 1 + 1 09/25/2015 09/25/2015 09/30/2016 $1,200 $25

317 2 + 1 12/20/2014 12/20/2014 12/31/2015 $1,300 $25

318 2 + 1 07/24/2015 07/24/2015 07/31/2016 $1,350 $0

319 2 + 1 08/19/2015 08/19/2015 08/31/2016 $1,400 $0

320 2 + 1 08/22/2014 11/01/2015 10/31/2016 $1,380 $0

321 2 + 1 08/14/2012 10/01/2015 09/30/2016 $1,350 $0

322 1 + 1 12/01/2000 06/01/2015 05/31/2016 $972 $25

323 1 + 1 11/01/2004 05/01/2015 04/30/2016 $998 $0

324 1 + 1 06/01/2003 07/01/2015 06/30/2016 $1,030 $25

325 1 + 1 03/06/2013 04/01/2015 03/31/2016 $955 $0

326 2 + 1 12/01/2009 10/01/2015 09/30/2016 $1,330 $25

327 2 + 1 10/03/2014 11/01/2015 10/31/2016 $1,380 $25

328 2 + 1 02/01/2012 05/01/2015 04/30/2016 $1,235 2($25)

329 1 + 1 03/05/2013 07/01/2015 06/30/2016 $1,005 $0

330 1 + 1 04/19/2014 09/01/2015 08/31/2016 $1,100 $25

* Voucher

** Manager’s Unit

UNIT MIX & RENT ROLL

FLOORPLAN # Units avg. market average leased units occupied

Studio 2 $1,300 $989 2

1 + 1 27 $1,500 $1,072 27

2 + 1 31 $1,650 $1,298 31

Totals/Average 60 $1,232 $1,189 60

49 CBRE, INC. | 50

51.7%UNIT TYPE: 2+1

3.3%UNIT TYPE: Studio

45%UNIT TYPE: 1+1

UNIT MIX

ACTUAL RENT & MARKET RENT

$2,000

$1,500

$1,000

$500

$02+1

AvERAGE RENT AvERAGE MARKET RENT

1+1Studio$

1,2

98

$1,

65

0

$1,

072

$1,

50

0

$9

89

$1,

30

0

UNIT MIX & RENT ROLL

Interior View

Greg Nassir

Lic. 01775052

+1 818 907 4697

[email protected]

Joyce Goldstein

Lic. 01903737

+1 818 502 6700

[email protected]

Ed Matevosian

Lic. 01358783

+1 818 502 6744

[email protected]

For more information, please contact:

5800-5820M A R M I O N W AY

Natalie Aghaei

Lic. 01939416

+1 310 948 2948

[email protected]

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