properties for sale 1 4900-4922 whittier blvd , los ... · zoning description gqpd, san diego tax...

Prepared for 11/14/2018

(469) [email protected]

Properties for Sale

Presented by Jonathan AflatooniTransatlantic Real Estate Holdings

Property Details

Price $4,914,300

No. Unit 0

Gross Leasable Area 15,000 SF

Total Lot Size 0.70 AC

Property Type Retail

Property Sub-type Storefront

Cap Rate 5.50%

No. Stories 1

Building Class C

Year Built 1959

Zoning Description C-3

Tax ID/APN 5245-006-003

Status Active

Property Notes

1 4900-4922 Whittier Blvd, Los Angeles, CA 90022

Sale Notes

Features• 15,000 SQFT of retail space plus large at grade parking of 12,240 SQFT• Strong National/ Regional medical tenants with long occupancy history• Ample parking on-site and off-site lot• Off-site lot available for potential residential development• Proforma NOI: $270,288

Area Amenities • Signalized intersection in prime East Los Angeles• Featuring outstanding foot and auto traffic on Whittier Blvd. near the new Nike store• Strong population density over 45,000 within 1 mile• Currently offered at $327 PSF

Property Description

Two tenants on new long term leases. Full NNN. Roofs and HVAC were replaced in 2017. Two large at grade parking lots. 4 miles east of Downtown LA. C-3Zoning gives potential for Mixed-Use Development. 30,441 Combined Lot Square Foot

Highlights

30,441 Square Foot Sized Combined Lot Two large at grade Parking Lots High Population Density over 45,000 within 1Mile Radius

Blocks away from 3 major freeways: Pomona(60), Long Beach (710), and Golden State (I-5)

4 miles east of Downtown Los Angeles C-3 Zoning (Unlimited Commercial) Potential forMixed-Use Development

Photos

Property Details

Price $4,950,000

No. Unit 0




Property Sub-type Storefront Retail/Residential

No. Stories 3

Building Class C

Year Built 1904

Zoning Description GQPD, San Diego

Tax ID/APN 533-574-02

Status Active

Property Notes

2 951 5th Ave, San Diego, CA 92101


The Historic Woolworth Building conveniently sits at Fifth Avenue & Broadway, one of Downtown San Diego’s busiest intersections. This mixed-use propertyfeaturing 6 large furnished loft apartments, two retail spaces, and a basement. Within one mile of the property, there are over 45,000 residents which isexpected to increase by 6% by 2022. The building is also located next to Westfield Horton Plaza, Hotel Palomar, House of Blues, and many renownedrestaurants all of which are large tourist and local attractions in the area.

Highlights

Heavy daytime and nightime foot traffic Lots of natural light Open plan with exposed brick walls.

Photos

Property Details

Price $55,967,000

No. Unit 0




Property Sub-type Freestanding

Cap Rate 6.40%

No. Stories 1

Building Class B

Year Built 2015

Tax ID/APN 666-400-04

Status Active

Property Notes

3 the Outlets at the Border, San Diego, CA 92173


INVESTMENT HIGHLIGHTS

• Point of Destination, “Gateway to the United States” Location – The Outlets at the Border is situated along the San Ysidro/Tijuana border, the busiest land portof entry in the world, and is ideally positioned directly between the PedWest Border Crossing from Mexico via the San Ysidro Port of Entry (±25,000 pedestriancrossings daily), and Simon’s Las Americas Premium Outlets (±654,000 SF), making The Outlets at the Border a premier shopping destination for shoppers fromacross San Diego County and Mexico

• Strong Tenant Sales Growth – Since the opening of the PedWest border crossing directly adjacent to Outlets at the Border, overall tenant sales at the propertyhave increased tremendously, with many tenants experiencing sales growth exceeding 30% over the last 2 years (many exceeding 80%!)

• Strong Income Growth – Due to lease up of vacant space, below market rents rolling to market, growing percentage rent due to increased tenants sales, andembedded increases, the Net Operating Income is projected to increase more than $4,335,079 (133%) over the anticipated hold period

• Immediate Leasing Upside – At 74% current economic occupancy, 26% of the property (35,315 SF of vacant and temp space) is available for lease, resultingin approximately $3,000,000 of additional NOI, providing an immediate opportunity to add significant value to the project

• Below Market Rent – 77% of the in-place GLA is leased at rents significantly below prevailing market rates

• Convenient Freeway Accessibility and Visibility – Easily accessible from the I-5 and I-805, two of the primary north/south interstates through California andSan Diego, with more 116,000 cars per day, less than ½ mile from Outlets at the Border.

» The I-5 Realignment Project, scheduled for completion in the fall of 2019, will provide 10 southbound and 8 northbound lanes directly adjacent to Outlets at theBorder providing excellent freeway visibility and accessibility to the property

Photos

Property Details

Price $3,250,000

No. Unit 0





Cap Rate 3.61%

No. Stories 3

Building Class C

Year Built 1904

Zoning Description NC-2, San Francisco

Tax ID/APN 1050-016

Status Active

Property Notes

4 1818-1822 Divisadero St, San Francisco, CA 94115

Sale Notes

This subject property is located at lower pacific heights. This locationis very busy Divisadero St Corridor area.Lots of shops, restaurants are in walking distance.Kaiser/UCSF Hospital and Japan Town are nearby. This is rareopportunity for Investor or Owner-User Investors at Lower PacificHeights. Google, Facebook, Apple and Genentech Bus Stop is just front of this property.It may have great potential opportunity to increase rentalincome and property value.TIC opportunity may be applied.

Highlights

* Great Opportunity for Investor or Owner userInvestor

* Rare Opportunity at Lower Pacific Heights * Google, Facebook, Apple and Genentech BusStop- Just in Front of this property

* Huge Potential for Property Value Up

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Property Details

Price $2,550,000

No. Unit 0





No. Stories 3

Building Class C

Year Built 1907

Zoning Description CVR

Tax ID/APN 0193-004

Status Active

Property Notes

5 949-951 Grant Ave, San Francisco, CA 94108

Sale Notes

Fabulous multi-level commercial building for sale in the heart of San Francisco Chinatown just within walking distance to the Financial District. This primelocation multi-use real estate property guarantees an unique investment experience. Building features commercial sliding multi-panel glass door entrance,custom made exhibit / display shelves, separate small offices, bathrooms, full basement storage with a lot of shelves, natural lights, commercial grade wiringsystem, iron support beams and more. This commercial building stretches within one of the best area which is surrounded by banks, restaurants, groceries,coffee shops, bakeries, boutique shopping, Union Square, downtown financial district, frequently visited by tourists and more.


Fabulous multi-level commercial building for sale in the heart of San Francisco Chinatown just within walking distance to the Financial District. This primelocation multi-use real estate property guarantees an unique investment experience. Building features commercial sliding multi-panel glass door entrance,custom made exhibit / display shelves, separate small offices, bathrooms, full basement storage with a lot of shelves, natural lights, commercial grade wiringsystem, iron support beams and more. This commercial building stretches within one of the best area which is surrounded by banks, restaurants, groceries,coffee shops, bakeries, boutique shopping, Union Square, downtown financial district, frequently visited by tourists and more.

Highlights

Heavy day time foot traffic Spacious and lots of natural light Open plan with updated system

Photos

Property Details

Price $6,275,000

No. Unit 0




Property Sub-type Freestanding

Cap Rate 6.50%

No. Stories 1

Building Class B

Year Built 1991

Zoning Description C-C

Tax ID/APN 407-672-43

Status Active

Property Notes

6 6731 N Palm Ave, Fresno, CA 93704

Sale Notes

PROCURING BROKER GETS 3% OF GROSS SALE PRICE

Visintainer Group, on behalf of Ownership, is please to present the opportunity to acquire a 24,859 SF multi-tenant retail building located in Fresno, CA. Thisproperty is in one of Fresno’s high-end complexes known as North Pointe Center, which includes three Class-A office buildings, one medical office, and tworetail buildings. North Pointe Center is located at one of the busiest intersections in Fresno, Palm and Herndon, where over 92,000 vehicles per day travel, thesecond busiest intersection in Fresno. 6731 N Palm Ave has a diverse mix of Fresno's best eateries that attract patrons from all over the Valley.

This property offers an investor long term stable income with upside as tenants’ leases rollover due to being, on average, 20% under market rent. This is apride of ownership investment as the subject property is located in one of the best submarkets in Fresno.


Visintainer Group, on behalf of Ownership, is please to present the opportunity to acquire a 24,859 sf multi-tenant retail building located in Fresno, CA. Thisproperty is in one of Fresno’s high-end complexes known as North Pointe Center, which includes three Class-A office buildings, one medical office, and tworetail buildings. North Pointe Center is located at one of the busiest intersections in Fresno, Palm and Herndon, where over 92,000 vehicles per day travel, thesecond busiest intersection in Fresno. 6731 N Palm Ave has a diverse mix of Fresno's best eateries that attract patrons from all over the Valley.

This property offers an investor long term stable income with upside as tenants’ leases rollover due to being, on average, 20% under market rent. This is apride of ownership investment as the subject property is located in one of the best submarkets in Fresno.

Highlights

Located at 2nd Busiest Intersection in Fresno 92,000 Cars per Day at Palm/Herndon Total Rents are 20% Under Market

Photos

Property Details

Price $5,400,000

No. Unit 0




Property Sub-type Storefront Retail/Office

Cap Rate 3.28%

No. Stories 3

Building Class C

Year Built 1986

Zoning Description NC3, San Francisco

Tax ID/APN 3502-114

Status Active

Property Notes

7 1829 Market St, San Francisco, CA 94103

Sale Notes

Price Reduced!!Beautiful contemporary corner building.

1st floor : 2 Units of Retail Stores /2200 Sf2nd floor : 10 Office Units / 3500 Sf

Location, Location, Location!! Well maintained and 100% leased on month to month leases at below market rates.Great upside potential.

Buyer have to cooperate with seller's 1031 exchange.SBA Loan Available.


Location, Location, Location!! Beautiful contemporary corner building.1st floor 2,200 Sf : 2 Units of Retail Stores DLX ( Sports goods retail store) P4L (Gym)2nd floor 3,500 Sf : 10 Office Units

Well maintained and 100% leased on month to month leases at below market rates.Great upside potential.

Built in 1986Great for investment Opportunity.[What's for sale is the 1st and 2nd floor total of 5,780 SF, 3rd floor was converted to condos that are individually owned.]

Highlights

Fully leased at below market rents 100% of leases on month to month basis Walk Score of 97

Transit Score of 100

Photos

Property Details

Price $21,575,000

No. Unit 0




Property Sub-type Storefront Retail/Office

Cap Rate 4.00%

No. Stories 2

Building Class B

Year Built 1984

Zoning Description LAC2-1-SN (Hollywood CRA)

Tax ID/APN 5533-005-051

Status Active

Property Notes

8 1253 Vine St, Los Angeles, CA 90038

Sale Notes

PRICE IS FIRM. PRINCIPALS ONLY PLEASE. Any inquiries about this property please address them to [email protected] c/o Mr. Al Alvarez or by calling 310-645-4000.


PRIME LOCATION - Occupying approximately 1.06 acres of potential development site (C2-1-SN) within the Hollywood CRA, The Fountain Vine Plaza sits at theSW corner of Fountain & Vine and across the street from the Academy of Motion Pictures Pickford Center. More importantly it is located within one block of 3very significant and new real estate developments. Comprising 1.3MM sf and over 1,000 new residential units “THE RISE”, “ACADEMY ON VINE” and “1360 NVINE” are expected to be completed by 2020/2021.STABLE RENTAL INCOME IN PLACE - Strip centers such as this one are sought after by smart investors because of the nature of their tenant mix. They tend tobe populated, as in this case, by Restaurants, Coffeehouses, Nail and Hair Salons, Yoga, Chiropractors, Dental & Medical Clinics, Pharmacies, Insurance &Accounting Offices, etc., all of which, are impervious to the formidable competition of internet based retailers. As a result, this property type, unlike large mallsand regional centers, is experiencing a very high occupancy rate particularly in the Hollywood area. GREAT UPSIDE POTENTIAL - Due to the rapidly changing skyline surrounding this property, rapid and significant increases in market rental rates are expected.One needs to look no further than to the subject’s average monthly Base Rent of $2.25sf to realize the extent of this property’s upside potential.CURRENT FINANCIAL SUMMARY GROSS RENTAL INCOME* $1,233,286RENTAL VACANCY** -$40,698NET RENTAL INCOME $1,192,588PARKING OPERATIONS NOI $45,480GROSS OPERATING INCOME $1,238,068TAXES*** -$102,472CAM OPERATING EXPENSES -$272,528 TOTAL TAXES AND OPERATING EXPENSES -$375,000 NET OPERATING INCOME $863,068 * Includes scheduled annual increases in monthly Base Rents (excluding NNN) for the last quarter of 2018.** Vacancy rate estimated to be 3.33% per CoStar for Strip Centers in the Hollywood area though 2019. *** Includes Sunset & Vine BID (Business Improvement District) taxes of approximately $13,474.

Highlights

Property located in proximity to three very largenew real estate developments

Photos

Property Details

Price $3,400,000

No. Unit 0





Cap Rate 4.29%

No. Stories 3

Building Class C

Year Built 1907

Zoning Description BDWY

Tax ID/APN 0162-017

Status Active

Property Notes

9 277-279 Columbus Ave, San Francisco, CA 94133

Sale Notes

Rare opportunity for investor or owner user to own a prime location mixed use building. 277-279 Columbus has 4 residential units, 2 of which have beenrenovated and commanding market rent, and two with huge upside. In addition, the retail space is below market rent, month to month, and offers a hugebasement space for investor repositioning or owner user. The property has almost 50% upside in rents with an in place cap rate of 4.24%.

Please request Offering Memorandum for full details. Photos include those of representative renovated units.


277-279 Columbus is at the intersection of Columbus and Broadway, the gateway to the Financial District and in the center of the hip North Beachneighborhood. The location generates very high traffic counts as well as exposure for tenants and owner users of the retail space.

Please request Offering Memorandum for full details.

Highlights

Heavy day time and evening foot traffic Upwards of 50% rental upside potential Partially renovated

Perfect for Owner User or Investor

Photos

Property Details

Price $3,000,000

No. Unit 0




No. Stories 1

Building Class C

Year Built 1985

Zoning Description C2

Tax ID/APN 5085-012-036

Status Active

Property Notes

10 5513-5517 San Vicente Blvd, Los Angeles, CA 90019

Sale Notes

5517 San Vicente Boulevard is a highly visible shopping center made up of an approximate 3,990-square foot building on approximately 9,553-square feet ofland. The property includes a parking lot, available signage, and billboards. Existing tenants are on month-to-month leases. Two income producing billboards onsite.

5517 San Vicente Boulevard is located at the signalized corner of San Vicente Boulevard and Hauser Boulevard in Mid Wilshire, near the popular Miracle Mileneighborhood. Manicured homes and multifamily units make up the quiet residential neighborhood that surrounds the immediate vicinity.

5517 San Vicente Boulevard is located blocks from Wilshire Boulevard, where the Petersen Automotive Museum and Los Angeles County Museum of Art(LACMA) draw hundreds of visitors a day.

PLEASE DO NOT DISTURB TENANTS


Property also available for lease at $3/sf NNN. Total available space is ±3,990-square feet; divisible to ±1,690-square feet and ±2,300-square feet.

Highlights

Available Signage Current tenants all MTM Two income producing billboards on site

Central location - border of Miracle Mile & MidWilshire neighborhoods

Located at signalized intersection

Photos

Property Details

Price $12,759,000

No. Unit 0




Cap Rate 6.35%

No. Stories 1

Building Class C

Year Built 1960

Zoning Description CC-2-3

Tax ID/APN 542-310-01

Status Active

Property Notes

11 1745-1765 Euclid Ave, San Diego, CA 92105


INVESTMENT HIGHLIGHTS

• Internet Resistant / Value-Oriented Tenancy – dd’s Discounts (Ross), Dollar Tree, Fam Mart, Rent-A-Center, Magic Lube, the adjacent Rite Aid (NAP) and BigLots! (NAP) are trade area appropriate, as well as internet and recession resistant. This tenant roster generates significant daily-trip traffic and cross-shoppingopportunities within the center

• Strong Tenant Sales – dd’s Discounts reportedly is a high performer at this location. Furthermore, Rent-A-Center and Dollar Tree are believed to be top 3 and 5performers respectively within their chain in San Diego County

• Significant Rental Upside Opportunity – In-place rents property wide average just $1.04 PSF/MN, over 25% below estimated market rates, creating atremendous future rental upside opportunity

• Below Replacement Cost – At a list price of only $179 PSF, the property will trade well below land-inclusive replacement cost estimated to be $320 PSF

• High Identity, High Traffic, Freeway Accessible Location – San Diego Marketplace is located along Euclid Avenue (over 32,600 cars per day!), which is theprimary thoroughfare in the trade area. The property is only 1/2 mile from SR 94 (over 180,000 cars per day) and easily accessible via Euclid Avenue providingconvenient regional and local accessibility

• Ideal Retail Location within Dominant Retail Corridor – The property is ideally located with a top tier line up of surrounding tenants including: Foodland, Big Lots,Rite Aid, McDonald’s, Popeyes, AutoZone, Jack in the Box, Family Health Centers of San Diego, US Bank, Union Bank, ARCO, Public Storage, Pizza Hut,Subway and many others

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properties for sale 1 4900-4922 whittier blvd , los ... · zoning description gqpd, san diego tax...

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