INVESTMENT HIGHLIGHTS INVESTMENT HIGHLIGHTS Significant Value-Add Opportunity – Significant Value-Add Opportunity – The property offers tremendous upside potential of approximately 45% with two vacancies delivered by close of escrow. One Mile Away From Exposition Park+ USC Campus – One Mile Away From Exposition Park+ USC Campus – Exposition park, or “Expo Park”, is home to many recognizable institutions and event centers such as the Los Angeles County Museum of Natural History, California African American Museum, Memorial Coliseum, and the new $350 million Banc of California stadium, home of the Major league Soccer’s Los Angeles FC. Expo park is nearing the end of a $1.1 million renovation and plans to break ground on the expansion of the Natural History Museum and the Samuel Oschin Air and Space Center in the coming years. Transit Oriented – Transit Oriented – 1641 W Adams Blvd. is less than half mile from the I-10 highway and 1.1 miles from the Expo line that connects travelers of Downtown LA to Santa Monica. Section 8 Tenants Provide Durable Income Through Eviction Moratorium – Section 8 Tenants Provide Durable Income Through Eviction Moratorium –The property offers two vacancies and six section 8 tenants which provides durable income for investors through the Eviction Moratorium. Benefiting From Nearby Student Housing Demand – Benefiting From Nearby Student Housing Demand – The University of Southern California has a total of 44,000 students with a majority living off site and had a record year of student applications totaling 64,000 applicants in 2018. 1641 W Adams Blvd. offers a perfect home to students who want to live within the USC patrol zone or a quick bike ride to campus. Such proximity to campus offers strong student renter demand that makes the property a great alternative to more expensive student housing options in the area. Ten Minutes To Staples Center In Downtown - Ten Minutes To Staples Center In Downtown - Just 10 minutes away from the property, Downtown LA provides an exciting array of chef-driven and national renowned restaurants, bars, and other trendy destinations. With over $10 billion of new development currently underway in Downtown, nearby apartment buildings will benefit from strong rent growth and value appreciation. Exclusive Listing Agents: Exclusive Listing Agents: CHRIS AGUIRRE (LEAD) CHRIS AGUIRRE (LEAD) Senior Associate Senior Associate 310.706.4346 [email protected] [email protected] CA License: 01991859 PAUL DARROW PAUL DARROW Partner Partner 310.706.4402 [email protected] [email protected] CA License: 01700955 KEVIN GREEN KEVIN GREEN Partner Partner 310.706.4416 [email protected] [email protected] CA License: 01420176

1641 W Adams - Flyer...patrol zone or a quick bike ride to campus. Such proximity to campus offers strong student renter demand Such proximity to campus offers strong student renter

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Page 1: 1641 W Adams - Flyer...patrol zone or a quick bike ride to campus. Such proximity to campus offers strong student renter demand Such proximity to campus offers strong student renter

INVESTMENT HIGHLIGHTSINVESTMENT HIGHLIGHTS

Significant Value-Add Opportunity –Significant Value-Add Opportunity – The property offers tremendous upside potential of approximately 45%with two vacancies delivered by close of escrow.

One Mile Away From Exposition Park+ USC Campus –One Mile Away From Exposition Park+ USC Campus – Exposition park, or “Expo Park”, is home to manyrecognizable institutions and event centers such as the Los Angeles County Museum of Natural History,California African American Museum, Memorial Coliseum, and the new $350 million Banc of Californiastadium, home of the Major league Soccer’s Los Angeles FC. Expo park is nearing the end of a $1.1 millionrenovation and plans to break ground on the expansion of the Natural History Museum and the SamuelOschin Air and Space Center in the coming years.

Transit Oriented – Transit Oriented – 1641 W Adams Blvd. is less than half mile from the I-10 highway and 1.1 miles from theExpo line that connects travelers of Downtown LA to Santa Monica.

Section 8 Tenants Provide Durable Income Through Eviction Moratorium –Section 8 Tenants Provide Durable Income Through Eviction Moratorium – The property offers twovacancies and six section 8 tenants which provides durable income for investors through the EvictionMoratorium.

Benefiting From Nearby Student Housing Demand –Benefiting From Nearby Student Housing Demand – The University of Southern California has a total of44,000 students with a majority living off site and had a record year of student applications totaling 64,000applicants in 2018. 1641 W Adams Blvd. offers a perfect home to students who want to live within the USCpatrol zone or a quick bike ride to campus. Such proximity to campus offers strong student renter demandthat makes the property a great alternative to more expensive student housing options in the area.

Ten Minutes To Staples Center In Downtown -Ten Minutes To Staples Center In Downtown - Just 10 minutes away from the property, Downtown LAprovides an exciting array of chef-driven and national renowned restaurants, bars, and other trendydestinations. With over $10 billion of new development currently underway in Downtown, nearby apartmentbuildings will benefit from strong rent growth and value appreciation.

Exclusive Listing Agents:Exclusive Listing Agents:

CHRIS AGUIRRE (LEAD)CHRIS AGUIRRE (LEAD)Senior AssociateSenior Associate

[email protected]@marcusmillichap.com

CA License: 01991859

PAUL DARROWPAUL DARROWPartnerPartner

[email protected]@marcusmillichap.com

CA License: 01700955

KEVIN GREENKEVIN GREENPartnerPartner

[email protected]@marcusmillichap.com

CA License: 01420176