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Date: Wed, 20 Apr 2022 12:04:30 -0400 (EDT)
From: Maher Commercial Realty <oron@mahercr.com>
Reply-To: oron@mahercr.com
To: info@sterlingcal.com
Subject: Offers Due 4/21 by 5pm: Westwood Village 20-Unit Value-Add Student
 Housing Building
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 542 Glenrock Avenue | Los Angeles | CA 90024 Offers Due Tomorrow: April 21=
st by 5:00PM Click Here For Drone Video Open Today April 20th from 2:00pm-3=
:30pm Building Size 12,423 Sq.Ft. Lot Size 9,645 Sq.Ft. Number of Units 20 =
Zoning LAR4 TOC 3 Parking Spaces 20 PROPERTY DESCRIPTION The subject proper=
ty is a 20-unit trophy generational asset in the extremely high-barrier to =
entry UCLA North Westwood Village housing market which sits on a 9,645 sq.f=
t. lot. The 12,423 sq.ft. building is comprised of 12 studios and eight 1 b=
ed/1 bath units with 20 parking spaces and a pool. Six units have been rece=
ntly renovated and 13 of the units will be delivered vacant. Of the leased =
units, five tenants have been there for less than one year, one tenant has =
been there =E2=80=9Clong term,=E2=80=9D and one of the units is currently o=
ccupied by a property manager (rent free). The manager can stay on-board an=
d continue management services if Buyer desires or leave after close of esc=
row. Excellent location, less than a 10-minute walk to UCLA and a half mile=
 from Westwood Village. PROPERTY FEATURES Sale Price: Building Size: Lot Si=
ze: Total Units: Total Parking: Pro Forma Rental Income: Zoning: PROPERTY F=
EATURES Call For Offers: April 21st by 5:00PM 12,423 Sq.Ft. 9,645 Sq.Ft. 20=
 20 Spaces $599,700 LAR4 TOC 3 FOR MORE INFORMATION PLEASE CONTACT: Oron Ma=
her Broker-Director, Esquire Maher Commercial Realty 310.464.1453 Oron@Mahe=
rCR.com BRE# 01299093 Real Estate for the Prosperity of All =C2=A92022 Mahe=
r Commercial Realty. Broker does not guarantee the accuracy of square foota=
ge, lot size or other information concerning the condition or features of p=
roperty provided by seller or obtained from public records or other sources=
, and the buyer is advised to independently verify the accuracy of that inf=
ormation through personal inspection and with appropriate professionals. Br=
oker may or may not have an exclusive right to sell property. =E2=80=8C =E2=
=80=8C =E2=80=8C Maher Commercial Realty | 275 S Beverly Drive, Ste 100, Be=
verly Hills, CA 90212 Unsubscribe info@sterlingcal.com Update Profile | Con=
stant Contact Data Notice Sent by oron@mahercr.com powered by Try email mar=
keting for free today!
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<div class="text-container galileo-ap-content-editor"><div><div style="text-align: center;" align="center"><span style="font-size: 22px;">542 Glenrock Avenue | Los Angeles | CA 90024</span></div></div></div>
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<div><span style="font-size: 36px; font-weight: bold;">Offers Due Tomorrow: </span></div>
<div>
<span style="font-size: 36px; font-weight: bold;">April 21st by 5:00PM</span><span style="font-size: 26px;"> </span>
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<div><span style="font-size: 14px; color: rgb(255, 255, 255); font-weight: bold;">Building Size</span></div>
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<div>12,423 Sq.Ft.</div>
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<div style="text-align: center;" align="center"><span style="font-weight: bold;">Lot Size</span></div>
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<div style="text-align: center;" align="center">9,645 Sq.Ft.</div>
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<div><span style="font-weight: bold;">Number of Units</span></div>
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<div>20</div>
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<div><span style="font-weight: bold;">Zoning</span></div>
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<div>LAR4 TOC 3</div>
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<div><span style="font-weight: bold;">Parking Spaces</span></div>
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<div>20</div>
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<div><span style="font-size: 22px; text-decoration: underline;">PROPERTY DESCRIPTION</span></div>
<div><br></div>
<div>The subject property is a 20-unit trophy generational asset in the extremely high-barrier to entry UCLA North Westwood Village housing market which sits on a 9,645 sq.ft. lot.</div>
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<div>The 12,423 sq.ft. building is comprised of 12 studios and eight 1 bed/1 bath units with 20 parking spaces and a pool.&#xa0;Six units have been recently renovated and 13 of the units will be delivered vacant. Of the leased units, five tenants have been there for less than one year, one tenant has been there &#x201c;long term,&#x201d; and one of the units is currently occupied by a property manager (rent free).&#xa0;The manager can stay on-board and continue management services if Buyer desires or leave after close of escrow.</div>
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<div>Excellent location, less than a 10-minute walk to UCLA and a half mile from Westwood Village.</div>
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<div class="text-container galileo-ap-content-editor"><div><div><span style="font-size: 22px; text-decoration: underline;">PROPERTY FEATURES</span></div></div></div>
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<div style="text-align: right;" align="right"><span style="font-size: 14px;">Sale Price:</span></div>
<div style="text-align: right;" align="right"><span style="font-size: 14px;">Building Size:</span></div>
<div style="text-align: right;" align="right"><span style="font-size: 14px;">Lot Size:</span></div>
<div style="text-align: right;" align="right"><span style="font-size: 14px;">Total Units:</span></div>
<div style="text-align: right;" align="right"><span style="font-size: 14px;">Total Parking:</span></div>
<div style="text-align: right;" align="right">Pro Forma Rental Income:</div>
<div style="text-align: right;" align="right">Zoning:</div>
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<div class="text-container galileo-ap-content-editor"><div><div><span style="font-size: 22px; color: rgb(255, 255, 255); text-decoration: underline;">PROPERTY FEATURES</span></div></div></div>
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<div>Call For Offers: April 21st by 5:00PM</div>
<div>12,423 Sq.Ft.</div>
<div><span style="font-size: 14px;">9,645 Sq.Ft.</span></div>
<div>20</div>
<div><span style="font-size: 14px;">20 Spaces</span></div>
<div><span style="font-size: 14px;">$599,700</span></div>
<div>LAR4 TOC 3</div>
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<div class="text-container galileo-ap-content-editor"><div><div><span style="font-size: 26px; color: rgb(153, 34, 96);">FOR MORE INFORMATION PLEASE CONTACT:</span></div></div></div>
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<div><span style="color: rgb(153, 34, 96);">Oron Maher</span></div>
<div><span style="color: rgb(153, 34, 96);">Broker-Director, Esquire</span></div>
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<div><span style="color: rgb(153, 34, 96);">Maher Commercial Realty</span></div>
<div><span style="color: rgb(153, 34, 96);">310.464.1453</span></div>
<div><span style="color: rgb(153, 34, 96);">Oron@MaherCR.com</span></div>
<div><span style="color: rgb(153, 34, 96);">BRE# 01299093</span></div>
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<div class="text-container galileo-ap-content-editor"><div><div style="text-align: center;" align="center"><span style="color: rgb(153, 34, 96); font-weight: bold;">Real Estate for the Prosperity of All</span></div></div></div>
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<div class="text-container galileo-ap-content-editor"><div><div><span style="font-size: 8px;">&#xa9;2022 Maher Commercial Realty. Broker does not guarantee the accuracy of square footage, lot size or other information concerning the condition or features of property provided by seller or obtained from public records or other sources, and the buyer is advised to independently verify the accuracy of that information through personal inspection and with appropriate professionals. Broker may or may not have an exclusive right to sell property.</span></div></div></div>
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