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WYNN TRUST APARTMENTS3153 Barbara Ct, Los Angeles, CA 90068

M U LM U LT I FT I FA M I LA M I LY P R O P E R T Y F O R SY P R O P E R T Y F O R S A L EA L E

Joe PJoe Penichenich | CalBRE #00499559 | 818.449.7042 | [email protected]

RE/MARE/MAX CX COMMERCIALOMMERCIAL | EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.6355 TOPANGA CANYON BLVD., WOODLAND HILLS, CA 91367 • 818.449.7042 (O) • INVESTMENT-PROPERTY.COM

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CC O N T E N TO N T E N T SS

CCONFIDENTIALITY & DISCLAIMERONFIDENTIALITY & DISCLAIMER

PROPERTY INFORMATION3

LOCATION INFORMATION11

FINANCIAL ANALYSIS15

DEMOGRAPHICS20

Al l mater ia ls and informat ion received or der ived from RE/MAX Commercia l i ts d i rectors , officers , agents , advisors , affil iates and/or any th i rd partysources are provided without representat ion or warranty as to completeness , verac i ty, or accuracy, condit ion of the property, compl iance or lack ofcompl iance with appl icable governmenta l requirements , developabi l i ty or su i tabi l i ty, financia l performance of the property, pro jected financia lperformance of the property for any party ’s intended use or any and a l l other matters .

Nei ther RE/MAX Commercia l i ts d i rectors , officers , agents , advisors , or affil iates makes any representat ion or warranty, express or impl ied , as toaccuracy or completeness of the any mater ia ls or informat ion provided, der ived, or rece ived. Mater ia ls and informat ion from any source, whetherwr i t ten or verbal , that may be furn ished for rev iew are not a subst i tute for a party ’s act ive conduct of i ts own due di l igence to determine these andother matters of s ign ificance to such party. RE/MAX Commercia l wi l l not invest igate or ver i fy any such matters or conduct due di l igence for a partyunless otherwise agreed in wr i t ing .

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DIL IGENCE.

Any party contemplat ing or under contract or in escrow for a transact ion is urged to ver i fy a l l in format ion and to conduct the i r own inspect ions andinvest igat ions inc luding through appropr iate th i rd party independent profess ionals se lected by such party. Al l financia l data should be ver ified bythe party inc luding by obta in ing and reading appl icable documents and reports and consul t ing appropr iate independent profess ionals . RE/MAXCommercia l makes no warrant ies and/or representat ions regarding the verac i ty, completeness , or re levance of any financia l data or assumpt ions . RE/MAX Commercia l does not serve as a financia l advisor to any party regarding any proposed transact ion . Al l data and assumpt ions regarding financia lperformance, inc luding that used for financia l model ing purposes , may differ from actual data or performance. Any est imates of market rents and/orprojected rents that may be provided to a party do not necessar i ly mean that rents can be establ ished at or increased to that leve l . Part ies mustevaluate any appl icable contractua l and governmenta l l imitat ions as wel l as market condit ions ,vacancy factors and other issues in order todetermine rents f rom or for the property.

Legal quest ions should be discussed by the party with an attorney. Tax quest ions should be discussed by the party with a cert ified publ icaccountant or tax attorney. Ti t le quest ions should be discussed by the party with a t i t le officer or attorney. Quest ions regarding the condit ion of theproperty and whether the property compl ies with appl icable governmenta l requirements should be discussed by the party with appropr iateengineers , arch i tects , contractors , other consul tants and governmenta l agencies . Al l propert ies and serv ices are marketed by RE/MAX Commercia l incompl iance with a l l appl icable fa i r hous ing and equal opportuni ty laws .

PROPERTY INFORMATIONSECTION 1

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Exceptional asset in a highly desirable Hollywood Hills location between theSan Fernando Valley and Hollywood. Controlled access parking, with one cargarages. Controlled access entry . Hardwood floors, pool. Desirable mix of 5 2bedroom, 1 1/2 bath town homes , 12 1 bedroom, 1 bath and 1 2 bedroom, 2 1/2bath town home. Hardwood floors, meticulously maintained grounds.

Park like grounds. First time on the market in over 20 years.

PROPERTY OPROPERTY OVERVERVIEWVIEW

Close proximity to 101 Freeway, Universal City, Burbank, Hollywood and StudioCity. Centrally located to NBC, Universal , Warner Bros. Studios, CBS Studios/Radford and within walking distance to the Universal City Metro.

LLOCAOCATION OTION OVERVERVIEWVIEW

OFFERING SUMMAROFFERING SUMMARYY

Sale PricSale Price:e: $7,500,000

PricPrice / SF:e / SF: $414.48

Number Of Units:Number Of Units: 18

Cap RaCap Ratte:e: 3.22%

NOI:NOI: $241,217

LLot Sizot Size:e: 33,207 SF

YYear Built:ear Built: 1950

Building SizBuilding Size:e: 18,095 SF

ZZoning:oning: LARD 1.5

SubmarkSubmarket:et: Hollywood Hills

18 UNITS | 3153 BARBARA CT | LOS ANGELES, CA

P R O P E R T Y I N F O R M AT I O N R E / M A X C O M M E R C I A L

Executive Summary

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Property Description

PROPERTY OPROPERTY OVERVERVIEWVIEW

Exceptional asset in a highly desirable Hollywood Hills location between the San Fernando Valley and Hollywood. Controlled access parking, with one car garages. Controlled access entry . Hardwood floors, pool. Desirable mix of 5 2 bedroom, 1 1/2 bath town homes , 12 1 bedroom, 1 bath and 1 2 bedroom, 2 1/2 bath town home. Hardwood floors, meticulously maintained grounds.

Park like grounds. First time on the market in over 20 years.

LLOCAOCATION OTION OVERVERVIEWVIEW

Close proximity to 101 Freeway, Universal City, Burbank, Hollywood and Studio City. Centrally located to NBC, Universal , Warner Bros. Studios, CBS Studios/Radford and within walking distance to the Universal City Metro.

ADD HEADER

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PROPERTYPROPERTY NAME:NAME: Wynn Trust Apartments

PROPERTY ADDRESPROPERTY ADDRESS:S: 3153 Barbara CtLos Angeles, CA 90068

APN:APN:

PRICE / SF:PRICE / SF: $414.48

LLOOT SIZE:T SIZE: 0.76 AC

BUILDING SIZE:BUILDING SIZE: 18,095 SF

BUILDING CLABUILDING CLASSS:S:

ZZONING:ONING: LARD 1.5

PPARKING SPARKING SPAACES:CES:

PPARKING RAARKING RATIO:TIO:

YEAR BUILYEAR BUILTT:: 1950

NUMBER OF SNUMBER OF STTORIES:ORIES:

FOUNDFOUNDAATION:TION:

WWALLS:ALLS:

NUMBER OF UNITNUMBER OF UNITS:S: 18

ROOF:ROOF:



Property Details

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PROPERTY HIGHLIGHTPROPERTY HIGHLIGHTSS

• Controlled access entry

• Controlled access parking

• Enclosed garages

• Pool

• Meticulously maintained landscape

• Hardwood Floors in Units

• One car garages with remote openers.



Complete Highlights

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Additional Photos

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Additional Photos

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Additional Photos

LOCATION INFORMATIONSECTION 2

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3153 Barbara Ct


L O C AT I O N I N F O R M AT I O N R E / M A X C O M M E R C I A L

Regional Map

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Location Maps

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Aerial Map

FINANCIAL ANALYSISSECTION 3

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INVESINVESTMENT OTMENT OVERVERVIEWVIEW WWYNN TRUSYNN TRUST APT APARTMENTARTMENTSS

Price $7,500,000

Price per Unit $416,666

GRM 18.0

CAP Rate 3.2%

Cash-on-Cash Return (yr 1) 1.27 %

Total Return (yr 1) $111,700

Debt Coverage Ratio 1.35

OPERAOPERATING DTING DAATTAA WWYNN TRUSYNN TRUST APT APARTMENTARTMENTSS

Gross Scheduled Income $416,988

Other Income $6,000

Total Scheduled Income $422,988

Vacancy Cost $8,068

Gross Income $414,920

Operating Expenses $173,703

Net Operating Income $241,217

Pre-Tax Cash Flow $62,005

FINANCING DFINANCING DAATTAA WWYNN TRUSYNN TRUST APT APARTMENTARTMENTSS

Down Payment $4,900,000

Loan Amount $3,000,000

Debt Service $179,212

Debt Service Monthly $14,934

Principal Reduction (yr 1) $49,695


F I N A N C I A L A N A LY S I S R E / M A X C O M M E R C I A L

Financial Summary

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INCINCOME SUMMAROME SUMMARYY WWYNN TRUSYNN TRUST APT APARTMENTARTMENTSS PER UNITPER UNIT

GROSS INCOME $414,920 $23,051

EXPENSE SUMMAREXPENSE SUMMARYY WWYNN TRUSYNN TRUST APT APARTMENTARTMENTSS PER UNITPER UNIT

Landscaping $18,000 $1,000

Trash $3,072 $170

Pool $1,800 $100

Management $17,208 $956

Maintenance $15,000 $833

Insurance $9,000 $500

Utilities $16,623 $923

Property taxes $93,000 $5,166

GROSS EXPENSES $173,703 $9,650

NET OPERATING INCOME $241,217 $13,400



Income & Expenses

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UNITUNITNUMBERNUMBER

UNITUNITBEDBED

UNITUNITBABATHTH

UNITUNITSIZE (SF)SIZE (SF)

LEALEASESESSTTARTART

LEALEASESEENDEND

CURRENTCURRENTRENTRENT

CURRENTCURRENTRENT (PER SF)RENT (PER SF)

MARKETMARKETRENTRENT

MARKETMARKETRENTRENT/SF/SF

SECURITYSECURITYDEPODEPOSITSIT

3200 DP 2 2.5 2,000 VACANT $3,800 $1.90 $3,800 $1.90

3202 DP 2 1.5 1,400 $1,885 $1.35 $2,595 $1.85

3204 DP 2 1.5 1,400 $2,380 $1.70 $2,595 $1.85

3206 DP 2 1.5 1,400 $2,542 $1.82 $2,595 $1.85

3208 DP 2 1.5 1,400 $2,471 $1.77 $2,595 $1.85

3210 DP 2 1.5 1,400 $2,800 $2.00 $2,595 $1.85

3153 BC A 1 1 750 $1,529 $2.04 $1,750 $2.33

3153 BC B 1 1 750 $1,565 $2.09 $1,750 $2.33

3153 BC C 1 1 750 $1,367 $1.82 $1,750 $2.33

3153 BC D 1 1 750 $1,423 $1.90 $1,750 $2.33

3159 BC A 1 1 750 $1,581 $2.11 $1,750 $2.33

3159 BC B 1 1 750 $1,573 $2.10 $1,750 $2.33

3159 BC C 1 1 750 $1,344 $1.79 $1,750 $2.33

3159 BC D 1 1 750 MGR $1,795 $2.39 $1,750 $2.33

3163 BC A 1 1 750 VACANT $1,795 $2.39 $1,750 $2.33

3163 BC B 1 1 750 $1,689 $2.25 $1,750 $2.33

3163 BC C 1 1 750 $1,273 $1.70 $1,750 $2.33

3163 BC D 1 1 750 $1,437 $1.92 $1,750 $2.33

Laundry Income $500

TTotals/Aotals/Avvereragesages 18,18,000000 $34,$34,774499 $1.9$1.933 $3$377,,777755 $2.$2.1717 $0$0



Rent Roll

All 2 bedroom units are townhomes with a washer and dryer in each unitThese rents are effective July 1, 2018The above laundry income is projected The laundry machines are owned by the Seller. They are currently collecting .25 per wash and dry. In the event Buyer elects to continue owning the laundry equipment, a substantial increase is in order.

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UNIT TYPEUNIT TYPE CCOUNTOUNT%%

TTOOTTALALSIZESIZE(SF)(SF) RENTRENT RENTRENT/SF/SF MIN RENTMIN RENT MAMAX RENTX RENT

MARKETMARKETRENTRENT

MARKETMARKETRENTRENT/SF/SF DEPODEPOSITSIT

2 + 1.5 TWN 5 27.8 1,479 $2,345 $1.59 $2,495 $1.69

1 + 1 12 66.7 725 $1,487 $2.05 $1,750 $2.41

2 + 2.5 TWN 1 5.6 2,000 $3,800 $1.90 $3,800 $1.90

TTotals / Aotals / Avvereragesages 1818 100%100% 18,18,090955 $33,36$33,3699 $1.84$1.84 $0$0..0000 $0$0..0000 $3$377,2,27755 $2.$2.0606 $0$0



Unit Mix Summary

DEMOGRAPHICSSECTION 4

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* Demographic data derived from 2010 US Census

1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES

TTotal householdsotal households 4,043 103,157 307,291

TTotal persons per hhotal persons per hh 1.8 1.9 2.2

AAvvererage hh incage hh incomeome $135,176 $87,032 $85,767

AAvvererage house vage house valuealue $955,545 $869,279 $806,555

1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES

TTotal populaotal populationtion 7,435 193,443 663,107

Median ageMedian age 41.0 37.6 37.2

Median age (maleMedian age (male)) 40.3 37.4 36.7

Median age (fMedian age (femaleemale)) 41.7 38.1 37.9


D E M O G R A P H I C S R E / M A X C O M M E R C I A L

Demographics Report

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* Demographic data derived from 2010 US Census

POPULAPOPULATIONTION 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILESTOTAL POPULATION 7,435 193,443 663,107

MEDIAN AGE 41.0 37.6 37.2

MEDIAN AGE (MALE) 40.3 37.4 36.7

MEDIAN AGE (FEMALE) 41.7 38.1 37.9

HOUSEHOLDHOUSEHOLDS & INCS & INCOMEOME 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILESTOTAL HOUSEHOLDS 4,043 103,157 307,291

# OF PERSONS PER HH 1.8 1.9 2.2

AVERAGE HH INCOME $135,176 $87,032 $85,767

AVERAGE HOUSE VALUE $955,545 $869,279 $806,555



Demographics Map

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Joe [email protected]

818-449-7042BRE# 00499559

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