OFFERING MEMORANDUM | TEN-UNIT APARTMENT BUILDING | PRIME BRENTWOOD LOCATION

11667 GOSHEN AVENUELOS ANGELES, CALIFORNIA 90049

$4,000,000 | $400,000 PER UNIT | $443 PER SQUARE FOOT

2

CONTENTS

PRESENTED BY

JOHN SWARTZSenior Vice President213.430.2526john.swartz@transwestern.com CA License 01873487

JOSH KAPLANSenior Vice President213.430.2538josh.kaplan@transwestern.com CA License 01934177

TROY LUCEROAnalyst213.457.1656troy.lucero@transwestern.com CA License 02015705

TRANSWESTERN601 S. Figueroa Street, Suite 2750Los Angeles, CA 90017213.624.5700 transwestern.com/losangeles

3 INVESTMENT SUMMARY

▪ Investment Summary

5 PROPERTY IMAGES

▪ Property Images

8 LOCATION OVERVIEW

▪ Regional Map

▪ Neighborhood Map

▪ Aerial View Facing Los Angeles

▪ Aerial View Facing Santa Monica

▪ Plat Map

▪ Market Overview

▪ Brentwood Market Data and Demographics

▪ Nearby Development Projects

▪ Nearby Development Projects Map

▪ Major Employers and Places of Interest Map

▪ Silicon Beach

▪ Silicon Beach Map

20 FINANCIAL ANALYSIS

▪ Offering Summary

▪ Rent Roll

▪ Operating Statement Summary

23 SALES AND RENT COMPARABLES

▪ Sales Comparables

▪ Sales Comparables Map

▪ Rent Comparables

▪ Rent Comparables Map

Copyright © 2018 Transwestern. California

Brokerage License #01263636. The information

in this offering memorandum was gathered

by Transwestern from sources believed

reliable. Transwestern has not verified the

information and makes no guarantee, warranty

or representation about it. It is the potential

buyer’s 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. Potential

buyers and their advisors should conduct

a careful, independent investigation of the

property to determine to their satisfaction the

suitability of the property for their needs.

3

INVESTMENT SUMMARY

Transwestern as the exclusive listing agent is pleased to present the opportunity to acquire 11667 Goshen Avenue, Los Angeles, California 90049, a ten (10) unit apartment building located in the heart of Brentwood within a short walking distance from retail, dining and entertainment on Wilshire Boulevard and San Vicente Boulevard.

THE OPPORTUNITY■■ Soft-story seismic retrofit completed

■■ Two units to be delivered vacant: Unit 1 (2br+2ba) and Unit 7 (1br+1ba)

■■ Value-add opportunity – current rents are

approximately 32% below market1

■■ All units have large and efficient floor plans

■■ Excellent unit mix – six (6) 1bed+1bath and

four (4) 2bed+2bath units

■■ Ample on-site parking – thirteen (13) spaces

- five (5) single spaces and four (4) tandem

spaces

■■ 10 storage units on site

PROPERTY SUMMARY

PROPERTY ADDRESS 11667 Goshen Avenue

Los Angeles, CA 90049

NUMBER OF UNITS Ten (10) total units

Six (6) 1bed + 1bath

Four (4) 2bed + 2bath

YEAR BUILT

1961

BUILDING SIZE2

+ 9,024 SF

LAND SIZE2

+ 7,499 SF

ZONING

R4-1 (Per zimas.lacity.org - Buyer to verify)

PARKING

Thirteen (13) total spaces

Five (5) single spaces

Four (4) tandem spaces

ASSESSOR PARCEL NUMBER

4265-003-002

2Source: TitlePro. Buyer to verify.

PRICE: $4,000,000

$443 PER SQUARE FOOT

$400,000 PER UNIT

17.0 CURRENT GRM1

3.63% CURRENT CAP RATE1

1 Current GRM and Cap Rate assumes vacant Units 1 and 7 leased at projected rents.

4

INVESTMENT SUMMARY

PROPERTY DESCRIPTION11667 Goshen Avenue is a ten (10) unit

apartment building constructed in 1961. The unit

mix consists of six (6) large 1bed+1bath and four

(4) 2bed+2bath units. The property is a three-

story 9,024 square foot walk-up building with a

wood frame and stucco construction situated on

a 7,499-square foot lot.

All of the units have very large floor plans that

provide an investor the opportunity to complete

their own renovation plan and significantly

increase rents. All units come with a wall air

conditioner and most units come with a large

glass sliding door in the living room. All units

feature a dual vanity in the main bathroom. In

addition, all units feature additional closet space

in the living room, storage space in the hallway

as well as a storage locker outside in the parking

lot. Unit 10 is a penthouse 2bed+2bath unit

featuring a second entrance/exit from a private

staircase as well as a large balcony off of the

guest bedroom.

Parking is provided on-site with thirteen (13)

spaces comprised of five (5) single spaces and

four (4) tandem spaces. Five (5) of the single

spaces are located at the rear of the building.

Each of the units are separately metered for gas

and electricity. Tenants are provided with one (1)

washer and one (1) dryer machine which were

both replaced in 2016 and are owned by the

landlord. The water heater was also replaced in

2016.

PROPERTY LOCATION

11667 Goshen Avenue is located between

Barrington and Barry Avenue, a short walking

distance from Wilshire Boulevard, in the heart

of Brentwood. Brentwood is an affluent area in

West Los Angeles. While the area is more widely

known for its multi-million dollar mansions

at the base of the Santa Monica Mountains,

Brentwood also offers a charming walkable

urban village that is located a few blocks from

the subject property. The area offers a wide

array of convenient walkable neighborhood

amenities including Whole Foods, Starbucks,

The Coffee Bean, CVS, Jamba Juice, SoulCycle,

Fresh Brothers, Burger Lounge, SusieCakes,

Citibank, and Brentwood Gardens, an alfresco

shopping center which includes a variety of

boutique, shops, and restaurants. Additionally,

there are numerous fine dining establishments

in the area including Katsuya, Sugarfish, Coral

Tree Café, Toscana, Pecorino, Palmeri Ristorante,

Pizzicotto, Gaucho Grill, and Bandera. On nights

and weekends, residents will be afforded a truly

complete, urban experience replete with hikes

in the Santa Monica Mountains, shopping and

brunch on Montana Avenue in Santa Monica,

cultural entertainment at the Getty or Geffen

Playhouse Theater in Westwood, and trips to

the Santa Monica beach less than five miles

from their front door. Brentwood is also home to

seven private schools, two public schools, and

the exclusive Brentwood Country Club.

WALK SCORE BREAKDOWN

DINING/DRINKING

GROCERIES

SHOPPING

ERRANDS

PARKS

SCHOOLS

ENTERTAINMENT

0 100

5

PROPERTY EXTERIOR IMAGES

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PROPERTY INTERIOR IMAGES

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PROPERTY INTERIOR IMAGES

8

REGIONAL MAP

11667 Goshen Ave

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NEIGHBORHOOD MAP

11667 Goshen Ave

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Wi lshire Blvd

SBundy Dr

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AERIAL VIEW FACING DOWNTOWN LOS ANGELES

GOSHEN AVE

SAN VICENTE BLVD

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AERIAL VIEW FACING SANTA MONICA

GOSH

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PLAT MAP

13

LOS ANGELES APARTMENT MARKET OVERVIEWIn the first quarter 2018, the Los Angeles County

apartment real estate market continued to see

high occupancy levels and strong year-over-year

effective rent growth. REIS reported the County-

wide occupancy rate at 96.6%, down 10 basis

points from year-end 2017. With the average

apartment rental rate now at $1,898 per month

County-wide according to REIS, year-over-year

rental rate growth has been 5.2% which is the

second fastest growing on the West Coast,

behind only Seattle.

Los Angeles County saw a total of 6,164

apartment units delivered in 2017 with an

additional 11,755 units now under construction

and expected to be delivered between now and

year-end 2018. With Los Angeles now mostly

built-out, developers have looked more closely

at apartment construction in infill neighborhoods

with existing infrastructure and transit links to

the rest of the region. As a result, much of the

apartment construction in Los Angeles County

is concentrated in only a handful of submarkets:

Downtown Los Angeles, Hollywood, Koreatown,

Long Beach, and Warner Center.

BRENTWOOD MARKET OVERVIEWLocated in West Los Angeles, Brentwood is an

affluent neighborhood bordered by the San

Diego Freeway to the east, Wilshire Boulevard

to the south, the Santa Monica city limits on the

southwest, the border of Topanga State Park on

the west and Mulholland Drive in the mountains

to the north. Due to its proximity to major

points of interest such as UCLA, Malibu, and

Santa Monica, as well as its walkable village feel,

Brentwood is considered by many to be one of

the most desirable neighborhoods to live in Los

Angeles. As a result, it has some of the highest

average household incomes in the region while

being home to seven private schools, two public

schools, and the exclusive Brentwood Country

Club.

MARKET OVERVIEW

BRENTWOOD BY THE NUMBERS

2017 POPULATION

229,500 (+2.0% since 2010)

2022 POPULATION

237,760 (+3.6% est. over 2017)

MEDIAN AGE

42.3 years old

EDUCATION

63% have bachelor’s or higher

AVERAGE INCOME

$138,022

14

BRENTWOOD MARKET DATA AND DEMOGRAPHICS

SUBMARKET DATAIn the first quarter 2018, the Brentwood rental

apartment market saw occupancy levels for

Class A properties decrease to 96.6%, down

from 96.9% a year ago. Class B/C properties

saw their occupancy levels increase to 98.1%, up

from 97.7% a year ago. According to REIS, the

average monthly asking apartment rental rate in

Brentwood for Class A buildings in the first quarter

2018 was $3,590 (up 8.2% year over year) while

Class B/C buildings saw asking rents increase to

$2,392 (up 7.0% year over year). With Brentwood

continuing to be seen as a high-barrier-to-entry

neighborhood near major employment clusters

on the Westside, expect apartment properties

to remain in high demand from both renters and

investors for the foreseeable future.

1 MILE RING 3 MILE RING 5 MILE RINGPOPULATION SUMMARY # % # % # %

2022 Projection 46,845 237,760 541,424

2017 Estimate 44,901 229,500 522,479

2010 Census 43,464 225,066 511,412

Projected Growth 2017-2022 4.33% 3.60% 3.63%

Estimated Growth 2010-2017 3.30% 1.97% 2.16%

Household Summary # % # % # %

2022 Projection 24,757 109,543 251,092

2017 Estimate 23,706 105,319 241,721

2010 Census 22,922 102,883 236,023

Projected Growth 2017-2022 4.43% 4.01% 3.88%

Estimated Growth 2010-2017 3.42% 2.37% 2.41%

Ethnicity/Race Summary # % # % # %

White 28,467 63.40% 147,119 64.10% 325,730 62.34%

Black 1,325 2.95% 6,253 2.72% 20,351 3.90%

Asian 7,311 16.28% 38,317 16.70% 68,688 13.15%

Hispanic 5,866 13.06% 27,561 12.01% 84,784 16.23%

Other 1,932 4.30% 10,249 4.47% 22,926 4.39%

Education Summary # % # % # %

Less than 9th grade 847 2.54% 3,405 2.19% 12,947 3.52%

Some High School, no diploma 1,067 3.20% 4,307 2.77% 11,744 3.19%

High School Graduate (or GED) 2,223 6.67% 13,153 8.45% 36,175 9.83%

Some College, no degree 4,308 12.92% 21,791 14.00% 58,115 15.79%

Associate Degree 1,559 4.68% 7,248 4.66% 18,951 5.15%

Bachelor's Degree 14,164 42.49% 57,516 36.95% 129,931 35.30%

Master's Degree 5,378 16.13% 26,258 16.87% 55,456 15.07%

Professional School Degree 2,320 6.96% 14,106 9.06% 29,448 8.00%

Doctorate Degree 1,469 4.41% 7,872 5.06% 15,289 4.15%

Workplace & Income Summary # % # % # %

Median Household Income $82,482 $86,301 $85,352

Average Household Income $116,606 $138,022 $137,506

All Employees 48,881 282,073 493,442

White Collar 18,685 38.40% 118,909 42.32% 197,543 40.20%

Blue Collar 29,972 61.60% 162,069 57.68% 293,840 59.80%

Median Employee Salary $48,686 $52,512 $50,270

Average Employee Salary $58,071 $61,950 $59,405

Daytime Population 69,587 498,399 854,652

BRENTWOOD DEMOGRAPHIC OVERVIEW

15

PICASSO BRENTWOODUnder construction 6-story, 81-unit mixed-use

apartment project by Metropolitan Pacific on

Wilshire Boulevard between Bundy Drive and

Brockton Avenue with 10,000 square feet of

ground-floor retail.

MONTCLAIRUnder construction 5-story, 49-unit apartment

project at 11965-11979 Montana Ave by

Montana Bundy LLC consisting of 45 market rate

units and 4 affordable units.

625 S BARRINGTON AVEUnder construction 4-story, 46-unit market-rate

apartment project by Nayssan Properties on

Barrington Avenue between Chenault St and

Terryhill Place.

THE SANREMOUnder construction 4-story, 34-unit market-rate

apartment project by The Roberts Companies

on Barrington Avenue between Sunset

Boulevard and San Vicente Boulevard.

1330 S FEDERAL WAYProposed 2-story ,26-unit condo development

project by Woodbridge Properties LLC on

the northeast corner of Federal Avenue and

Rochester Ave.

LANDMARK APARTMENTSProposed 34-story, 376-unit apartment tower

by Douglas Emmett replacing the long-vacant

Pavilions supermarket site on the southwest

corner of Wilshire Boulevard and Granville

Ave, consisting of 360 market rate units and 16

affordable units.

11701 SANTA MONICA BLVDProposed 5-story, 61-unit apartment project by

Markwood Enterprises on the northwest corner

of Santa Monica Boulevard and Barrington

Avenue consisting of 56 market rate units and

5 affordable units over 1,500 square feet of

ground-floor retail space.

12431 ROCHESTER AVEProposed 5-story, 50-unit apartment project by

Starkwood on the northeast corner of Santa

Monica Boulevard and Centinela Avenue

consisting of 45 market rate units and 5

affordable units.

11407 SANTA MONICA BLVDProposed 5-story, 51-unit apartment project

by Wiseman Development on the northwest

corner of Santa Monica Boulevard and Purdue

Avenue consisting of 47 market rate units and 4

affordable units over 1,500 square feet of ground

floor retail space.

NEARBY DEVELOPMENT PROJECTS

PICASSO BRENTWOOD

MONTCLAIR

LANDMARK APARTMENTS

16

NEARBY DEVELOPMENTS MAP

The Sanremo

Picasso Brentwood

1330 S Federal Way

12431 Rochester Ave

Landmark Apartments

11407 Santa Monica Blvd

11701 Santa Monica Blvd

Montclair

625 S. Barrington Ave

11667 Goshen Ave S Sepu lved

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MAJOR EMPLOYERS AND PLACES OF INTEREST

UCLA

Hammer Museum

The Getty Center

Santa Monica Pier

Temescal Canyon Park

Riviera Country Club

Will Rogers State Park

Brentwood Country Mart

Brentwood Country Club

Will Rogers State Beach

UCLA

Wells Fargo

BakerHostetler LLP

Social Security Administration

RBZ LLP

IBISWorld

Kinetic Content

Crystal Cruises

First Pacific Advisors

Hudson Pacific Properties

VA Greater Los Angeles Healthcare Center

11667 Goshen Ave

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MAJOR EMPLOYERS

PLACES OF INTEREST

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SILICON BEACH

SANTA MONICAUniversal Music GroupActivision BlizzardLionsgate EntertainmentHuluRubin Postaer & AssociatesEdmunds.comHBOAmazon.comCornerstone OnDemandRed BullCBS TV DistributionDemand MediaGame Show Network (GSN)Crispin PorterUberWeWorkTrueCarSkydance ProductionsTradesyTwitterPandoraRed InteractiveInteractive Data CorpOvation TVZipRecruiterMatchCraft

VENICEBuzzFeedContinuumEpoxyGoogleSnapchatVICE MediaZambeziZEFR

OLYMPIC CORRIDORRiot GamesShopzillaFandango

MARINA DEL REYDollar Shave ClubTeleSignJibJab Media

PLAYA VISTA Fox Interactive MediaBelkinVerizon (EdgeCast Networks)Yahoo!Electronic ArtsUSC Institute of Creative Technologies

Sony Computer EntertainmentDeutsch AdvertisingThe Honest Company72andSunnyTeam One (Saatchi & Saatchi)IMAXOmnicom MediaWPP (GroupM Worldwide)Rubicon ProjectYouTubeCore Digital MediaICANNTMZFacebookLaureate EducationTBWA\Chiat\DayKonami Strange Frog ProductionsPhelps GroupPopMicrosoftFullscreenGehry TechnologiesChernin GroupBrighter CollectiveR/GA Media GroupVEVO

Due to its strong concentration of established and startup entertainment, digital media, and technology firms, the area stretching between Santa Monica,

Venice Beach, Marina Del Rey, Culver City, and Playa Vista has been called “Silicon Beach.” With well-known local startup firms such as Snapchat, TrueCar,

ZipRecruiter, as well as Silicon Valley behemoths such as Google, YouTube, Facebook, and Uber, this coastal area have become a major center for

Southern California’s technology industry

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SILICON BEACH MAP

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Windsor Hills

Marina del Rey

Ladera Heights

West Los Angeles

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Santa Monica

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FINANCIAL ANALYSIS - OFFERING SUMMARY

PROPERTY SUMMARY PRICING SUMMARY

Property Address 11667 Goshen Ave Price $4,000,000

City/State Los Angeles, CA 90049 Price Per Unit $400,000

Year Built 1961 Price Per SF $443

Total Units 10 Current NOI3 $145,289

Building Area1 9,024 SF Pro Forma NOI $207,556

APN# 4265-003-002 Cap Rate - Current3 3.63%

Land Area1 7,499 SF Cap Rate - Pro Forma 5.19%

Zoning2 R4-1 GRM - Current3 17.0x

Parking Thirteen (13) spaces - five (5) single spaces and four (4) tandem spaces GRM - Pro Forma 12.9x

RENT ROLL SUMMARY

CURRENT3 PRO FORMA

NO. UNITS FLOOR PLANAVG. IN-PLACE

RENTTOTAL MONTHLY

INCOMESCHEDULED

GROSS INCOMEAVG. PRO

FORMA RENTTOTAL MONTHLY

INCOMESCHEDULED

GROSS INCOME LOSS TO LEASELOSS TO LEASE %

6 1B+1BA $1,689 $10,132 $121,584 $2,250 $13,500 $162,000 $40,416 33%

4 2B+2BA $2,334 $9,335 $112,020 $3,050 $12,200 $146,400 $34,380 31%

Totals/WTD Avg. 10 $1,947 $19,467 $233,604 $2,570 $25,700 $308,400 $74,796 32%

1 Source: TitlePro. Buyer to verify square footages.

2 Source: zimas.lacity.org.

3 Current GRM, Cap Rate and NOI and rents assume vacant Units 1 and 7 leased at projected rents.

21

RENT ROLL

CURRENT1 PRO FORMA

UNIT OCCUPIED / VACANT MOVE-IN DATE UNIT TYPE CURRENT RENT SCHEDULED GROSS

INCOME MARKET RENTSCHEDULED GROSS

INCOME LOSS TO LEASE1 Vacant N/A 2B+2BA $3,050 $36,600 $3,050 $36,600 $0 2 Occupied 4/1/2017 1B+1BA $1,494 $17,928 $2,250 $27,000 $756 3 Occupied 1/25/2014 1B+1BA $1,731 $20,772 $2,250 $27,000 $519 4 Occupied 10/1/1999 1B+1BA $1,463 $17,556 $2,250 $27,000 $787 5 Occupied 7/1/2011 2B+2BA $1,966 $23,592 $3,050 $36,600 $1,084 6 Occupied 10/27/2015 1B+1BA $1,597 $19,164 $2,250 $27,000 $653 7 Vacant N/A 1B+1BA $2,250 $27,000 $2,250 $27,000 $0 8 Occupied 1/1/2017 1B+1BA $1,597 $19,164 $2,250 $27,000 $653 9 Occupied 10/18/2014 2B+2BA $2,122 $25,464 $3,050 $36,600 $928

10 Occupied 1/1/2013 2B+2BA $2,197 $26,364 $3,050 $36,600 $853 Totals 10 9,024 SF $19,467 $233,604 $25,700 $308,400 $6,233

Loss To Lease % 32%

RENT ROLL SUMMARY

CURRENT1 PRO FORMA

NO.UNITS OCCUPANCY % FLOOR PLAN AVG. IN-PLACE RENT TOTAL MONTHLY INCOME AVG. PRO FORMA RENT TOTAL MONTHLY INCOME LOSS TO LEASE

6 60% 1B+1BA $1,689 $10,132 $2,250 $13,500 $3,368 4 40% 2B+2BA $2,334 $9,335 $3,050 $12,200 $2,865

Total/WTD Avg. 100% 10 $1,947 $19,467 $2,570 $25,700 $6,233 Gross Potential Income $233,604 $308,400 $74,796

1 Current rents assume vacant Units 1 and 7 leased at projected rents.

22

OPERATING STATEMENT SUMMARY

OPERATING STATEMENT SUMMARY

Revenue IN-PLACE1 PRO FORMA

Gross Potential Rent $233,604 $308,400

Vacancy - (9,252)

Net Rental Income $233,604 $299,148

Other Revenue - Estimated Laundry Income 1,700 1,700

Effective Gross Income $235,304 $300,848

Estimated Expenses Per Unit Per Unit

Administrative Estimated $1,000 $100 $1,000 $100

Repairs & Maintenance Estimated 6,500 650 6,500 650

Turnover Expense Estimated 1,500 150 1,500 150

Management Fee 5.0% of EGI 11,765 1,177 15,042 1,504

Utilities Estimated 11,500 1,150 11,500 1,150

Contract Services Estimated 1,500 150 1,500 150

Taxes 1.25% of Sale Price 50,000 5,000 50,000 5,000

Insurance Estimated 3,750 375 3,750 375

CapEx Reserves Estimated 2,500 250 2,500 250

Total Expenses $90,015 $9,002 $93,292 $9,329

Net Operating Income $145,289 $207,556

Expense Ratio (% of EGI) 38% 31%

1 In-place NOI assumes vacant Units 1 and 7 leased at projected rents.

23

PROPERTY ADDRESS YEAR BUILT SALE DATE SALE PRICE CAP RATE GRM $PSF $ PER UNIT BLDG SF # OF UNITS

11642 Kiowa Ave.

Los Angeles, CA 900491967 Apr-2018 $4,250,000 2.99% 19.9 $513 $472,222 8,284 9

11921 Goshen Ave.

Los Angeles, CA 900491962 Jan-2018 $3,900,000 3.30% 18.1 $582 $487,500 6,700 8

11813 Dorothy St.

Los Angeles, CA 90049 1954 Sep-2017 $2,800,000 3.59% 17.5 $394 $400,000 7,106 7

11942 Darlington Ave.

Los Angeles, CA 900491965 Jul-2017 $2,950,000 N/A N/A $455 $421,429 6,477 7

TOTAL / AVERAGE $13,900,000 3.25% 18.6 $487 $448,387 28,567 31

11667 GOSHEN AVE. 1961 $4,000,000 3.63%1 17.01 $443 $400,000 9,024 10

1 Current Cap Rate and GRM assume vacant Units 1 and 7 leased at projected rents.

SALES COMPARABLES

1

2

3

4

24

11642 Kiowa Ave11813 Dorothy St

11921 Goshen Ave

11942 Darlington Ave

11667 Goshen Ave

Wils

h ire B

lvd

San V icente B lvd

S Bundy Dr

Monta

na Ave

Wil

shi r

eBl v

d

San V icente B lvd

Wils

hi re B

lvd

San Vicente Blvd

S Bundy

Dr

San Vicente Blvd

Kiowa

Ave

Goshen A

ve

Doroth

y St

S Barrington Ave

May

field

Ave

Barry Ave

Texas Ave

Darlin

gton A

ve

Gorham

Ave

S Westgate Ave

Granville Ave

Stoner Ave

S Gretna Green Way

Amherst Ave

Arm

acost Ave

Monta

na Ave

Federal Ave

Brockton AveWellesley Ave

Rochester A

ve

SSaltair

Ave

Bring

ham

Ave

S Westgate Ave

Darlin

gton A

ve S Westgate A

ve

Granville A

ve

Federal Ave

Kiowa Ave

Goshen Ave

Doroth

y St

S Barrington Ave

Mayfield Ave

Barry Ave

Texas Ave

Darlington Ave

Gorham Ave

S Westgate Ave

Granville Ave

Stoner Ave

BringhamA

ve

Veteran Affairs Los Angeles

Healthcare System

University High School

4

3

2

1

SALES COMPARABLES MAP

25

PROPERTY ADDRESS UNIT TYPE RENT COMMENTS

11677 Goshen Ave. 1B+1BA $2,195 Unit features a balcony, hardwood floors in living room, tile in kitchen and carpet in bedroom.

11642 Kiowa Ave. 1B+1BA $2,295

Unit features newer wood laminate floors, wet bar and patio. Kitchen has granite counters, new stainless

steel sink, dishwasher, range, microwave, and refrigerator. Wall a/c. One carport space included. Community

laundry room.

11640 Kiowa Ave. 1B+1BA $2,395 Unit features fire place, all major appliances, central heating and cooling and balcony. Includes 1-car parking

space.

11683 Goshen Ave. 1B+1BA $2,245 Newly remodeled 1 bd 1 ba with balcony, A/C, walk-in closet, laminate floors, high ceilings, carpet in

bedroom, and all new stainless steel appliances.

11640 Kiowa Ave. 2B+2BA $3,195 Unit features granite counter tops, stainless steel appliances, hardwood floors, fire place, central heating and

cooling and balcony.

11663 Kiowa Ave. 2B+2BA $2,995Unit features fire place, all major appliances, central heating and cooling and balcony. Includes 2-car parking

space.

11757 Kiowa Ave. 2B+2BA $2,895 Front facing unit with balcony includes; laminate floors, high ceilings and recessed lighting in living room.

Central a/c and heat. Owner pays for water and trash. Two parking spaces. Washer and dryer on premise.

RENT COMPARABLES SUMMARY

UNIT TYPE # OF UNITS AVG RENT SUBJECT PROPERTY

1B+1BA 4 $2,283 $2,250

2B+2BA 3 $3,028 $3,050

RENT COMPARABLES

1

2

3

4

5

6

7

26

7

6

4

3,5

2

1

11757 Kiowa Ave

11663 Kiowa Ave

11640 Kiowa Ave

11642 Kiowa Ave

11683 Goshen Ave11677 Goshen Ave

11667 Goshen Ave

Wils

h ire B

lvd

San Vicente B

lvd

San Vicente B

lvd

Wils

hi re Blvd

San Vicente Blvd

Kiowa

Ave

Barry Ave

May

field

Ave

S Barrington Ave

Goshen A

ve

Granville Ave

Darlingto

n Ave

Doroth

y St

S Westgate Ave

Federal Ave

Stoner Ave

Gorham

Ave

Kiowa Ave

Mayfield Ave

Barry Ave

Goshen Ave

S Barrington Ave

Granville AveDarlington Ave

Dorothy S

t

S Westgate Ave

Federal Ave

Veteran Affairs Los Angeles

Healthcare System

RENT COMPARABLES MAP

T 213.624.5700 F 213.624.9203www.transwestern.com

601 S. Figueroa Street, Suite 2750Los Angeles, CA 90017

Copyright © 2018 Transwestern. All rights reserved. No part of this work may be reproduced or distributed to third parties without written permission of the copyright owner. The information in this offering memorandum was gathered by Transwestern from sources believed reliable. Transwestern has not verified the information and makes no guarantee, warranty or representation about it. It is the potential buyer’s responsibility to independently confirm its accuracy and completeness. Any projec-tions, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. Potential buyers and their advisors should conduct a careful, independent investigation of the property to determine to their satisfaction the suitability of the property for their needs. CA Broker License 01263636

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