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Brett Lyon | 310.780.1899 [email protected] 5-UNIT PROPERTY IN HAWTHORNE 3729 W 132nd St. Hawthorne, CA 90250

5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

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Page 1: 5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

Brett Lyon | [email protected] 5-UNIT PROPERTY IN HAWTHORNE

3729 W 132nd St.Hawthorne, CA 90250

Page 2: 5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

5-Unit Property in Hawthorne

INVESTMENT SUMMARY

Investment Overview

Regional Map

AREA OVERVIEW

Local Map

City Overview

County Overview

Aerial Map

PROPERTY DESCRIPTION

Property Details

3D Map

FINANCIALS

Offering Summary

Net Income Statment

Unit Mix

COMPARABLES

Sales Comparable Map

Sales Comparables

Rental Comparable Map

Rental Comparables

On Market Comparable Map

On Market Comparables

EXCLUSIVELY MARKETED BY :

Lyon Stahl Investment Real Estate

Brett [email protected]

Woody [email protected]

Page 3: 5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

5-Unit Property in Hawthorne

Investment Summary

3729 W 132nd St.Hawthorne, CA 90250

The information above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its accuracy.

Investment SummaryPrice $1,295,000Cap Rate 3.91%NOI $50,697.00GRM 15.09Units 5Occupancy 100.00%Building Size 4,972 SFPrice per Square Foot $260.46Land Area 14,741 Sq. FeetOwnership Fee Simple

Investment Highlights

Huge 14,741 Sq. Ft. Lot | Over 20% in Rental Upside●

(1) 3-bed/2-bath, (1) 3-bed/1-bath, (2) 2-bed/1-bath, and (1) 0-bed/1-bath●

(non-conforming)3.91% CAP and 15.09 GRM (Market CAP at 5.28% and GRM of 12.4)●

Located minutes away from the 405 & 105 freeways,the Hollywood Park●

Casino, and El Camino College! | Adjacent to the newly renovatedBicentennial Park

Investment Description

Lyon | Stahl is proud to present 3729 W 132nd St, a 5-unit property located inthe heart of Hawthorne. This property features four detached buildings with aunit mix of (1) 3-bed/2-bath unit, (1) 3-bed/1-bath unit, (2) 2-bed/1-bath units,and a non-conforming studio. The detached layout provides these units withgreater privacy than traditional apartment buildings, and would be a perfectopportunity for owner-occupancy. The units are situated on a large 14,741 lotwith a total of 6 garages and a long driveway for additional parking. This quietresidential area is just minutes away from the 405 & 105 freeways, HollywoodPark Casino, and El Camino College. With over 20% in potential rental upside,this deal is perfect for any investor looking to maximize cash flow and buildtheir portfolio!

Page 4: 5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

5-Unit Property in Hawthorne

Investment Summary

3729 W 132nd St.Hawthorne, CA 90250

The information above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its accuracy.

Regional Map

Page 5: 5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

5-Unit Property in Hawthorne

Area Overview

3729 W 132nd St.Hawthorne, CA 90250

The information above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its accuracy.

Local Map

Page 6: 5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

5-Unit Property in Hawthorne

Area Overview

3729 W 132nd St.Hawthorne, CA 90250

The information above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its accuracy.

Area OverviewCounty OverviewThe most heavily populated county in the country is Los Angeles County withapproximately 9.9 million people, including about 1 million that live inunincorporated areas of the county. The metropolis - formed by the sixneighboring counties of Los Angeles, Ventura, Kern, San Bernardino,Riverside, and Orange - is home to approximately 19 million residents. LosAngeles County is home to one of the most educated labor pools in thecountry and offers a labor force of more than 4.7 million, of which more than1.5 million are college graduates. Los Angeles County has the largestpopulation of any county in the nation, exceeded only by eight states.According to the United States Conference of Mayors, Los Angeles Countyboasts a GDP among the twenty largest in the world. Los Angeles County’scontinued economic growth, in contrast to other areas of the state and nation,is due to its diversified economy and abundant, well-trained workforce.

Los Angeles County is well located on the Southern Coast of the California,and covers 4,061 square miles, including the San Clemente and SantaCatalina islands. The County is comprised of approximately 88 vibrant anddiverse cities hosting more than 244,000 business establishments— thegreatest concentration in the state. Los Angeles County has a Gross DomesticProduct (GDP) of approximately $446 billion - placing it among the top 20economies in the world. The combined GDP of Los Angeles and its fivesurrounding neighboring counties places it in the top 10. California is generallyconsidered to be in the top five.

If Los Angeles County were its own nation, its economy would be the 18thlargest in the world. It is home to more than 244,000 businesses, with moreminority and women owned businesses than any other in the nation and is thenation’s top international trade center and manufacturing center. Los Angelesis recognized worldwide as a leader in entertainment, health sciences,business services, aerospace and international trade. Because the LosAngeles area is so large and diverse, it has something to offer to everyone.While Hollywood and the Los Angeles beach culture are part of our collectiveimage of Los Angeles, the city also has more museums than any other cityand some of the best hotels in the world are located in Los Angeles.

Over the years, Los Angeles County has developed a diverse economic base,supported by a number of Fortune 500 companies with headquarters in thearea, including Hilton Hotels, Walt Disney, Occidental Petroleum, DirecTVGroup, Northrop Grumman, Computer Sciences, KB Home, Health Net, Mattel,and Avery Dennison. Key factors positively impacting the region’s economicposition include increased local media production by the entertainmentindustry and a continuing expansion of import flows. Moreover, growth in

aerospace, homeland security and in the private business sector havecontributed positively to the County's economy. Los Angeles' well educatedlabor pool, many universities, wonderful climate, and world class infrastructurewill enable Greater Los Angeles to continue to be a world leader in economicand cultural significance.County Highlights

Los Angeles County is the world’s 18th largest economy.●

Los Angeles part of the "Tech Coast" and is regarded as the of the main●

entrepreneurial regions of the world. It has approximately 200,000 smallbusinesses, which is twice as many small businesses as can be found in anyother region of the United States.If Los Angeles' five county area were a state, it would be the fourth largest in●

the United States.Los Angeles has more than 80 stage theaters and 300 museums, more than●

any other U.S city.

Page 7: 5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

5-Unit Property in Hawthorne

Area Overview

3729 W 132nd St.Hawthorne, CA 90250

The information above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its accuracy.

Aerial Map

Page 8: 5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

5-Unit Property in Hawthorne

Property Description

3729 W 132nd St.Hawthorne, CA 90250

The information above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its accuracy.

Property DetailsAddress 3729 W 132nd St. Hawthorne, CA 90250 Square Footage 4,972 SFLand Area 14,741 Sq. FeetYear Built 1957Assessors Parcel Number 4050-012-014

SiteZoning HAR3YYNumber of Buildings 4Number of Stories 2Parking 6

Page 9: 5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

5-Unit Property in Hawthorne

Financials

3729 W 132nd St.Hawthorne, CA 90250

The information above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its accuracy.

Financial

Offering Summary

Price $1,295,000Building Size 4,972 SFOwnership Fee SimpleLand Area 14,741 Sq. FeetNumber of Units 5Number of Stories 2Year Built 1957Parking 6Occupancy 100.00% Price per Unit $259,000.00Price per Square Foot $260.46Current CAP Rate 3.91%Pro Forma Cap Rate 5.68%Current GRM 15.09Pro Forma GRM 11.79NOI $50,697Pro Forma NOI $73,497

FinancingLoan Type New/ProposedLoan Amount $841,750Down Payment $453,250Interest Rate 3.70%Amortization Period 30 YearsAnnual Payment $46,493

Page 10: 5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

5-Unit Property in Hawthorne

Financials

3729 W 132nd St.Hawthorne, CA 90250

The information above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its accuracy.

Net Income Statement

Current AnnualIncome

Proforma AnnualIncome

REVENUES Gross Potential Rent $85,800 $109,800

Effective Gross Income $81,510 $104,310

OPERATING EXPENSES Real Estate Taxes 17,009 17,009 Insurance 1,740 1,740 Utilities 4,000 4,000 Management Fee 4,290 4,290

TOTAL EXPENSES $30,813 $30,813

NET OPERATING INCOME $50,697 $73,497

Debt Service $46,493 $46,493 NET CASH FLOW AFTER DEBT SERVICE $4,204 $27,004 Principal Reduction $15,611 $15,611 TOTAL RETURN 4.37% 9.40% Expenses Per SF $6.20 $6.20% of EGR 37.80% 29.54%

Page 11: 5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

5-Unit Property in Hawthorne

Financials

3729 W 132nd St.Hawthorne, CA 90250

The information above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its accuracy.

Rent Roll

Unit Information Lease Rental Rates

Unit No Unit TypeApp. SquareFootage

Status Move In DateCurrentMonthly Rent

PSFPro FormaMonthly Rent

PSF Loss to Lease

1 0 BR 1 BTH - Occupied -- -- ---- $ 950.00 - $ 1,050.00 - $ 100.00

1 2 BR 1 BTH - Occupied -- -- ---- $ 1,300.00 - $ 1,800.00 - $ 500.00

1 2 BR 1 BTH - Occupied -- -- ---- $ 1,300.00 - $ 1,800.00 - $ 500.00

1 3 BR 1 BTH - Occupied -- -- ---- $ 1,850.00 - $ 2,150.00 - $ 300.00

1 3 BR 2 BTH - Occupied -- -- ---- $ 1,750.00 - $ 2,350.00 - $ 600.00

5 Units TOTALS 0 Occ:5Vac:0 $7,150.00 $9,150.00 $2,000.00

Page 12: 5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

5-Unit Property in Hawthorne

Comparables

3729 W 132nd St.Hawthorne, CA 90250

The information above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its accuracy.

Sales Comparable Map

Page 13: 5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

5-Unit Property in Hawthorne

Comparables

3729 W 132nd St.Hawthorne, CA 90250

The information above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its accuracy.

Sales Comparables

Photos Address

Sale PriceSale DateTotal UnitsPrice Per Unit

Total SF$/SFCAPGRM

Unit MixYear BuiltLand AreaDays on Market

3729 W 132nd St.Hawthorne, CA90250

$1,295,000N/A5259,000

4,972 SF$2603.91 %15.09

1 0BR + 1BTH2 2BR + 1BTH1 3BR + 1BTH1 3BR + 2BTH

195714,741 SFN/A

-

11922 York AvHawthorne, CA90250

$975,00003/30/20174$243,750

3,769 SF$2595.27 %13.10

19905,843 SF37

4840 W 118th PlHawthorne, CA90250

$1,265,00005/10/20174$316,250

5,996 SF$2113.88 %15.80

19879,250 SF47

12512 Cranbrook AvHawthorne , CA90250

$1,150,00007/13/20174$287,500

5,444 SF$2117.30 %13.60

19647,001 SF17

Page 14: 5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

5-Unit Property in Hawthorne

Comparables

3729 W 132nd St.Hawthorne, CA 90250

The information above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its accuracy.

Photos Address

Sale PriceSale DateTotal UnitsPrice Per Unit

Total SF$/SFCAPGRM

Unit MixYear BuiltLand AreaDays on Market

4730 W 118th StHawthorne, CA90250

$1,000,00006/01/20165$200,000

4,584 SF$2186.60 %12.20

19636,291 SF9

11611 Menlo AvHawthorne, CA90250

$1,095,00012/23/20165$219,000

4,721 SF$2324.82 %13.60

19656,962 SF3

4453 W 129TH StHawthorne , CA90250

$1,000,00011/03/20165$200,000

3,734 SF$2684.82 %13.50

19596,013 SF31

4239 W 138th StHawthorne, CA90250

$950,00008/23/20173$316,667

3,894 SF$2443.30 %17.10

19698,701 SF7

Averages

$1,062,143-4$254,738

4,592 SF$2355.14 %14.13

Page 15: 5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

5-Unit Property in Hawthorne

Comparables

3729 W 132nd St.Hawthorne, CA 90250

The information above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its accuracy.

Rental Comparable Map

Page 16: 5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

5-Unit Property in Hawthorne

Comparables

3729 W 132nd St.Hawthorne, CA 90250

The information above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its accuracy.

Rental Comparables

Photos AddressDate Surveyed

Total UnitsYear BuiltBldg SFOccupancy

Units Types Avg Unit SF Avg Unit Rent Avg Rent Per SF

3729 W 132nd St.Hawthorne, CA90250

519574,972 SF100.00%

0 BR / 1 BTH2 BR / 1 BTH3 BR / 1 BTH3 BR / 2 BTH

----

$950$1,300$1,850$1,750

----

5511 W 149 PlHawthorne, CA90250-

120061,008 SF-

2BR /2BTH 1,008 SF $2,850 $2.83

12102 Felton AvHawthorne, CA90250-

119441,008 SF-

3BR /1BTH 1,008 SF $3,200 $3.17

13421 Shoup AvHawthorne, CA90250-

119641,644 SF-

3BR /2BTH 1,644 SF $3,295 $2.00

Page 17: 5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

5-Unit Property in Hawthorne

Comparables

3729 W 132nd St.Hawthorne, CA 90250

The information above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its accuracy.

Photos AddressDate Surveyed

Total UnitsYear BuiltBldg SFOccupancy

Units Types Avg Unit SF Avg Unit Rent Avg Rent Per SF

5325 W 140th StHawthorne, CA90250-

119551,280 SF-

3BR /2BTH 1,280 SF $3,500 $2.73

5447 W 142nd PlHawthorne , CA90250-

119541,409 SF-

3BR /2BTH 1,409 SF $3,500 $2.48

4087 B 130thHawthorne, CA90250-

11972801 SF-

2BR /1BTH 801 SF $1,750 $2.18

13921 Yukon Av # 237Hawthorne , CA90250-

119721,100 SF-

2BR /2BTH 1,100 SF $1,525 $1.39

14405 Cerise Av # 11Hawthorne, CA90250-

11985808 SF-

2BR /2BTH 808 SF $1,350 $1.67

Page 18: 5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

5-Unit Property in Hawthorne

Comparables

3729 W 132nd St.Hawthorne, CA 90250

The information above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its accuracy.

Photos AddressDate Surveyed

Total UnitsYear BuiltBldg SFOccupancy

Units Types Avg Unit SF Avg Unit Rent Avg Rent Per SF

Averages 1,132 SF- 1,132 SF $ 2,621 $ 2.31

Page 19: 5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

5-Unit Property in Hawthorne

Comparables

3729 W 132nd St.Hawthorne, CA 90250

The information above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its accuracy.

On Market Comparable Map

Page 20: 5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

5-Unit Property in Hawthorne

Comparables

3729 W 132nd St.Hawthorne, CA 90250

The information above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its accuracy.

On Market Comparables

Photos AddressSale PriceTotal UnitsPrice Per Unit

Total SF$/SFCAPGRM

Unit Mix Year BuiltLand Area

3729 W 132nd St.Hawthorne, CA90250

$1,295,0005$ 259,000

4,972 SF$2603.91 %15.09

1 0BR + 1BTH2 2BR + 1BTH1 3BR + 1BTH1 3BR + 2BTH

195714,741 SF

-

11405 Menlo AvHawthorne, CA90250

$950,0004$237,500

2,474 SF$3845.80 %16.20

19526,959 SF

4832 W 116th SHawthorne, CA90250

$1,050,0004$262,500

2,914 SF$3604.90 %13.49

19885,600 SF

3868 W 132nd StHawthorne, CA90250

$995,0004$248,750

3,966 SF$2513.60 %16.30

19645,625 SF

Averages $998,3334$249,583

3,118 SF$3324.77 %15.33

Page 21: 5-UNIT PROPERTY IN HAWTHORNE...5-Unit Property in Hawthorne Investment Summary 3729 W 132nd St. Hawthorne, CA 90250 The information above has been obtained from sources we believe

CONFIDENTIALITY AND DISCLAIMER

The information contained in this Offering Memorandum (“Memorandum”) is proprietary and strictly confidential; it is intended to be reviewed only by the party receiving it from Broker and should notbe made available to anyone else without the written consent of Broker. By retention or use of this Memorandum, you agree that its contents are confidential, that you will hold it in the strictestconfidence, and that you will not disclose any of its contents contrary to these terms.

This Memorandum has been prepared to provide summary, unverified information to establish a preliminary level of interest in the subject property (“Property”). The information in this Memorandumhas been obtained from sources Broker believes to be reliable; however, Broker has not conducted sufficient investigation to make any warranty or representation whatsoever including but not limitedto the accuracy or completeness of the information, veracity or accuracy of the information, condition of the Property or its compliance or lack of compliance with applicable governmentalrequirements, developability, suitability or financial performance of the Property, income or expenses for the Property, the size and square footage of the Property and improvements, the presence orabsence of contaminating substances, PCB’s or asbestos, the compliance with State or Federal regulations, the physical condition of the improvements thereon, or the financial condition or businessprospects of any tenant or any tenant’s plans or intentions to continue occupancy of the Property. The Memorandum has selected information relating to the Property and does not purport to be an all- inclusive representation regarding the Property or to contain all or part of the information which prospective investors may require to evaluate the purchase of the Property. Additional information andan opportunity to investigate the Property will be made available to interested and qualified prospective purchasers. All information is based on assumptions relating to the general economy, marketconditions, competition and other factors beyond the control of Broker, therefore, all information is subject to material variation. The information contained herein is not a substitute for a thorough duediligence investigation. Interested parties are expected to review all information of whatever nature independently and not rely on the contents of this Memorandum in any manner.

The Property owner (“Owner”) expressly reserves the right, at its sole discretion, to reject any or all offers to purchase the Property, and/or to terminate discussions at any time with or without notice.The Owner shall have no legal commitment or obligation unless and until written agreement(s) have been fully executed, delivered and approved by the Owner and any conditions to the Owner’sobligations therein have been satisfied or waived.

Exclusively Marketed By:

Lyon Stahl Investment Real Estate

Lyon Stahl

310.425.9838

[email protected]