Envelope-to: info@sterlingcal.com
Delivery-date: Mon, 28 Oct 2024 17:46:01 -0500
Message-ID: <1141970998962.1109032175899.1577520235.0.571845JL.2002@synd.ccsend.com>
Date: Mon, 28 Oct 2024 18:45:50 -0400 (EDT)
From: Maher Commercial Realty <jeremy@mahercr.com>
Reply-To: jeremy@mahercr.com
To: info@sterlingcal.com
Subject: Mar Vista 72-Unit Development Site | 6.5%+ Projected ROC in WLA |
 Ministerial Approval Process | No CEQA | 7 VLI Only
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Email from Maher Commercial Realty Build 72 Units requiring Ministerial App=
roval, 7 VLI only 12028-12034 W. Venice Blvd., Los Angeles, CA 90066 Builda=
ble Units 72 List Price $6,295,000 Land Sq.Ft. 16,420 Price Per Buildable D=
oor $87,430 Zoning C2 PROPERTY FEATURES List Price: Land Sq.Ft.: Price Per =
Sq.Ft.: Zoning: APN: Proposed Buildable Units: Proposed Market Rate Units: =
Price Per Buildable Door: Parking: Commercial: Zoning Floor Area: Net Renta=
ble Area: Enlistment Status: $6,295,000 =C2=B116,420 $383.37 C2, TOC 2 4235=
-024-005 72 65 $87,430 85 Spaces 800 Sq.Ft. Cafe 53,371 Sq.Ft. 42,223 Sq.Ft=
. Preliminary plans in place, Ready for ministerial approval PROPERTY HIGHL=
IGHTS Preliminary Plans in place to build up to 72 units, ready for Ministe=
rial Approval, with only 7 income restricted units required. Parking is pri=
mary at or above grade, with only one subterranean parking level with 41 sp=
aces. Level 1, on grade, will consist of Cafe and a restaurant to capitaliz=
e on the vibrant retail corridor surrounding the project, with 3 commercial=
 spaces and 13 spaces for residents. Level 2 consists of 1 One-Bedroom apar=
tment, 1 Studio apartment, a gym, and 25 parking spaces above grade for res=
idents. Level 3 will consist of 2 two-bedroom units, 1 Studio Unit, and 12 =
One-Bedroom Units. Level 4-7 will consist of the remaining 55 units. Level =
8 proposes a deck with a pool and pickleball court for residents to enjoy. =
Other amenities include a gym, courtyard, storage, and bicycle parking. The=
 building's height will give residents incredible views of the surrounding =
city, mountains, and the ocean. While finalizing the planning and permittin=
g process, a buyer can collect approximately $29,000 of gross monthly incom=
e from the existing buildings with short term or month to month tenancies. =
FOR MORE INFORMATION PLEASE CONTACT: Oron Maher Broker-Director, Esquire Ma=
her Commercial Realty 310.464.1453 Oron@MaherCR.com BRE# 01299093 Jeremy Sh=
ore Senior Investment Advisor Maher Commercial Realty 310.464.1456 Jeremy@M=
aherCR.com BRE# 02020539 Real Estate for the Prosperity of All =C2=A92024 M=
aher Probate 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=8A Sha=
re This Email Share This Email Share This Email =E2=80=8A Maher Commercial =
Realty | 275 S Beverly Drive Ste 100 | Beverly Hills, CA 90212 US Unsubscri=
be | Update Profile | Constant Contact Data Notice
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ground-color: #FFFFFF; table-layout: fixed;" width=3D"100%" border=3D"0" ce=
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lumn column--1 scale stack" style=3D"width: 100%;" align=3D"center" valign=
=3D"top">
<table class=3D"image image--mobile-scale image--mobile-center" width=3D"10=
0%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"> <tr> <td class=3D"ima=
ge_container" align=3D"center" valign=3D"top"> <img data-image-content clas=
s=3D"image_content" style=3D"display: block; height: auto; max-width: 100%;=
" width=3D"590" src=3D"https://files.constantcontact.com/b1908773201/760534=
a4-bbc7-4b73-b685-c3c1b0d52e76.png" alt=3D""> </td> </tr> </table> </td> </=
tr> </table> <table class=3D"layout layout--feature layout--1-column" style=
=3D"background-color: #000000; table-layout: fixed;" width=3D"100%" border=
=3D"0" cellpadding=3D"0" cellspacing=3D"0" bgcolor=3D"#000000"> <tr> <td cl=
ass=3D"column column--1 scale stack" style=3D"width: 100%;" align=3D"center=
" valign=3D"top">
<table class=3D"text text--sectionHeading text--padding-vertical" width=3D"=
100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" style=3D"table-layou=
t: fixed;"> <tr> <td class=3D"text_content-cell content-padding-horizontal"=
 style=3D"text-align: center; font-family: Trebuchet MS,Verdana,Helvetica,s=
ans-serif; color: #FFFFFF; font-size: 36px; line-height: 1.2; display: bloc=
k; word-wrap: break-word; padding: 10px 20px;" align=3D"center" valign=3D"t=
op"><p style=3D"margin: 0;">Build 72 Units requiring Ministerial Approval, =
7 VLI only</p></td> </tr> </table> </td> </tr> </table> <table class=3D"lay=
out layout--1-column" style=3D"table-layout: fixed;" width=3D"100%" border=
=3D"0" cellpadding=3D"0" cellspacing=3D"0"> <tr> <td class=3D"column column=
--1 scale stack" style=3D"width: 100%;" align=3D"center" valign=3D"top">
<table class=3D"image image--mobile-scale image--mobile-center" width=3D"10=
0%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"> <tr> <td class=3D"ima=
ge_container" align=3D"center" valign=3D"top"> <img data-image-content clas=
s=3D"image_content" style=3D"display: block; height: auto; max-width: 100%;=
" width=3D"586" src=3D"https://files.constantcontact.com/b1908773201/06557b=
b3-00b0-4fde-84ab-75248e87e6b9.jpg" alt=3D""> </td> </tr> </table> </td> </=
tr> </table> <table class=3D"layout layout--feature layout--1-column" style=
=3D"background-color: #000000; table-layout: fixed;" width=3D"100%" border=
=3D"0" cellpadding=3D"0" cellspacing=3D"0" bgcolor=3D"#000000"> <tr> <td cl=
ass=3D"column column--1 scale stack" style=3D"width: 100%;" align=3D"center=
" valign=3D"top">
<table class=3D"text text--sectionHeading text--padding-vertical" width=3D"=
100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" style=3D"table-layou=
t: fixed;"> <tr> <td class=3D"text_content-cell content-padding-horizontal"=
 style=3D"text-align: center; font-family: Trebuchet MS,Verdana,Helvetica,s=
ans-serif; color: #FFFFFF; font-size: 36px; line-height: 1.2; display: bloc=
k; word-wrap: break-word; padding: 10px 20px;" align=3D"center" valign=3D"t=
op"><p style=3D"margin: 0;"><span style=3D"font-size: 22px;">12028-12034 W.=
 Venice Blvd., Los Angeles, CA 90066</span></p></td> </tr> </table> </td> <=
/tr> </table> <table class=3D"layout layout--3-column" style=3D"table-layou=
t: fixed;" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0">=
 <tr> <td class=3D"column column--1" style=3D"width: 45%;" align=3D"center"=
 valign=3D"middle">
<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
 border=3D"0"> <tr> <td class=3D"divider_container" style=3D"padding-top: 1=
0px; padding-bottom: 10px;" width=3D"100%" align=3D"right" valign=3D"top"> =
<table class=3D"divider_content-row" style=3D"width: 94%; height: 1px;" cel=
lpadding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"divider_co=
ntent-cell" style=3D"height: 1px; line-height: 1px; padding-bottom: 0px; ba=
ckground-color: #FFFFFF; border-bottom-width: 0px;" height=3D"1" align=3D"c=
enter" bgcolor=3D"#FFFFFF"> <img alt=3D"" width=3D"5" height=3D"1" border=
=3D"0" hspace=3D"0" vspace=3D"0" src=3D"https://imgssl.constantcontact.com/=
letters/images/1101116784221/S.gif" style=3D"display: block; height: 1px; w=
idth: 5px;"> </td> </tr> </table> </td> </tr> </table> </td>  <td class=3D"=
column column--2" style=3D"width: 10%;" align=3D"center" valign=3D"middle">
<table class=3D"image image--padding-vertical image--mobile-scale image--mo=
bile-center" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0=
"> <tr> <td class=3D"image_container" align=3D"center" valign=3D"top" style=
=3D"padding-top: 10px; padding-bottom: 10px;"> <img data-image-content clas=
s=3D"image_content" style=3D"display: block; height: auto; max-width: 100%;=
" width=3D"42" src=3D"https://imgssl.constantcontact.com/letters/images/PT1=
1793/Divider.png" alt=3D""> </td> </tr> </table> </td>  <td class=3D"column=
 column--3" style=3D"width: 45%;" align=3D"center" valign=3D"middle">
<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
 border=3D"0"> <tr> <td class=3D"divider_container" style=3D"padding-top: 1=
0px; padding-bottom: 10px;" width=3D"100%" align=3D"left" valign=3D"top"> <=
table class=3D"divider_content-row" style=3D"width: 94%; height: 1px;" cell=
padding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"divider_con=
tent-cell" style=3D"height: 1px; line-height: 1px; padding-bottom: 0px; bac=
kground-color: #FFFFFF; border-bottom-width: 0px;" height=3D"1" align=3D"ce=
nter" bgcolor=3D"#FFFFFF"> <img alt=3D"" width=3D"5" height=3D"1" border=3D=
"0" hspace=3D"0" vspace=3D"0" src=3D"https://imgssl.constantcontact.com/let=
ters/images/1101116784221/S.gif" style=3D"display: block; height: 1px; widt=
h: 5px;"> </td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <t=
able class=3D"layout layout--3-column" style=3D"table-layout: fixed;" width=
=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"> <tr> <td class=
=3D"column column--1 scale stack" style=3D"width: 34%;" align=3D"center" va=
lign=3D"top">
<table class=3D"text text--padding-vertical" width=3D"100%" border=3D"0" ce=
llpadding=3D"0" cellspacing=3D"0" style=3D"table-layout: fixed;"> <tr> <td =
class=3D"text_content-cell content-padding-horizontal" style=3D"text-align:=
 center; font-family: Trebuchet MS,Verdana,Helvetica,sans-serif; color: #FF=
FFFF; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-w=
ord; padding: 10px 0px 10px 20px;" align=3D"center" valign=3D"top">
<p style=3D"margin: 0;"><span style=3D"font-weight: bold;">Buildable Units<=
/span></p>
<p style=3D"margin: 0;"><br></p>
<p style=3D"margin: 0;">72</p>
</td> </tr> </table> </td>  <td class=3D"column column--2 scale stack" styl=
e=3D"width: 33%;" align=3D"center" valign=3D"top">
<table class=3D"text text--padding-vertical" width=3D"100%" border=3D"0" ce=
llpadding=3D"0" cellspacing=3D"0" style=3D"table-layout: fixed;"> <tr> <td =
class=3D"text_content-cell content-padding-horizontal" style=3D"text-align:=
 left; font-family: Trebuchet MS,Verdana,Helvetica,sans-serif; color: #FFFF=
FF; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-wor=
d; padding: 10px;" align=3D"left" valign=3D"top">
<p style=3D"text-align: center; margin: 0;" align=3D"center"><span style=3D=
"font-weight: bold;">List Price</span></p>
<p style=3D"text-align: center; margin: 0;" align=3D"center"><br></p>
<p style=3D"text-align: center; margin: 0;" align=3D"center">$6,295,000</p>
</td> </tr> </table> </td>  <td class=3D"column column--3 scale stack" styl=
e=3D"width: 33%;" align=3D"center" valign=3D"top">
<table class=3D"text text--padding-vertical" width=3D"100%" border=3D"0" ce=
llpadding=3D"0" cellspacing=3D"0" style=3D"table-layout: fixed;"> <tr> <td =
class=3D"text_content-cell content-padding-horizontal" style=3D"text-align:=
 center; font-family: Trebuchet MS,Verdana,Helvetica,sans-serif; color: #FF=
FFFF; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-w=
ord; padding: 10px 20px 10px 0px;" align=3D"center" valign=3D"top">
<p style=3D"margin: 0;"><span style=3D"font-weight: bold;">Land Sq.Ft.</spa=
n></p>
<p style=3D"margin: 0;"><br></p>
<p style=3D"margin: 0;">16,420</p>
</td> </tr> </table> </td> </tr> </table> <table class=3D"layout layout--3-=
column" style=3D"table-layout: fixed;" width=3D"100%" border=3D"0" cellpadd=
ing=3D"0" cellspacing=3D"0"> <tr> <td class=3D"column column--1" style=3D"w=
idth: 45%;" align=3D"center" valign=3D"middle">
<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
 border=3D"0"> <tr> <td class=3D"divider_container" style=3D"padding-top: 1=
0px; padding-bottom: 10px;" width=3D"100%" align=3D"right" valign=3D"top"> =
<table class=3D"divider_content-row" style=3D"width: 94%; height: 1px;" cel=
lpadding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"divider_co=
ntent-cell" style=3D"height: 1px; line-height: 1px; padding-bottom: 0px; ba=
ckground-color: #FFFFFF; border-bottom-width: 0px;" height=3D"1" align=3D"c=
enter" bgcolor=3D"#FFFFFF"> <img alt=3D"" width=3D"5" height=3D"1" border=
=3D"0" hspace=3D"0" vspace=3D"0" src=3D"https://imgssl.constantcontact.com/=
letters/images/1101116784221/S.gif" style=3D"display: block; height: 1px; w=
idth: 5px;"> </td> </tr> </table> </td> </tr> </table> </td>  <td class=3D"=
column column--2" style=3D"width: 10%;" align=3D"center" valign=3D"middle">
<table class=3D"image image--padding-vertical image--mobile-scale image--mo=
bile-center" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0=
"> <tr> <td class=3D"image_container" align=3D"center" valign=3D"top" style=
=3D"padding-top: 10px; padding-bottom: 10px;"> <img data-image-content clas=
s=3D"image_content" style=3D"display: block; height: auto; max-width: 100%;=
" width=3D"42" src=3D"https://imgssl.constantcontact.com/letters/images/PT1=
1793/Divider.png" alt=3D""> </td> </tr> </table> </td>  <td class=3D"column=
 column--3" style=3D"width: 45%;" align=3D"center" valign=3D"middle">
<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
 border=3D"0"> <tr> <td class=3D"divider_container" style=3D"padding-top: 1=
0px; padding-bottom: 10px;" width=3D"100%" align=3D"left" valign=3D"top"> <=
table class=3D"divider_content-row" style=3D"width: 94%; height: 1px;" cell=
padding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"divider_con=
tent-cell" style=3D"height: 1px; line-height: 1px; padding-bottom: 0px; bac=
kground-color: #FFFFFF; border-bottom-width: 0px;" height=3D"1" align=3D"ce=
nter" bgcolor=3D"#FFFFFF"> <img alt=3D"" width=3D"5" height=3D"1" border=3D=
"0" hspace=3D"0" vspace=3D"0" src=3D"https://imgssl.constantcontact.com/let=
ters/images/1101116784221/S.gif" style=3D"display: block; height: 1px; widt=
h: 5px;"> </td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <t=
able class=3D"layout layout--2-column" style=3D"table-layout: fixed;" width=
=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"> <tr> <td class=
=3D"column column--1 scale stack" style=3D"width: 50%;" align=3D"center" va=
lign=3D"top">
<table class=3D"text text--padding-vertical" width=3D"100%" border=3D"0" ce=
llpadding=3D"0" cellspacing=3D"0" style=3D"table-layout: fixed;"> <tr> <td =
class=3D"text_content-cell content-padding-horizontal" style=3D"text-align:=
 center; font-family: Trebuchet MS,Verdana,Helvetica,sans-serif; color: #FF=
FFFF; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-w=
ord; padding: 10px 10px 10px 20px;" align=3D"center" valign=3D"top">
<p style=3D"margin: 0;"><span style=3D"font-weight: bold;">Price Per Builda=
ble Door</span></p>
<p style=3D"margin: 0;"><br></p>
<p style=3D"margin: 0;">$87,430</p>
</td> </tr> </table> </td>  <td class=3D"column column--2 scale stack" styl=
e=3D"width: 50%;" align=3D"center" valign=3D"top">
<table class=3D"text text--padding-vertical" width=3D"100%" border=3D"0" ce=
llpadding=3D"0" cellspacing=3D"0" style=3D"table-layout: fixed;"> <tr> <td =
class=3D"text_content-cell content-padding-horizontal" style=3D"text-align:=
 center; font-family: Trebuchet MS,Verdana,Helvetica,sans-serif; color: #FF=
FFFF; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-w=
ord; padding: 10px 20px 10px 10px;" align=3D"center" valign=3D"top">
<p style=3D"margin: 0;"><span style=3D"font-weight: bold;">Zoning</span></p=
>
<p style=3D"margin: 0;"><br></p>
<p style=3D"margin: 0;">C2</p>
</td> </tr> </table> </td> </tr> </table> <table class=3D"layout layout--3-=
column" style=3D"table-layout: fixed;" width=3D"100%" border=3D"0" cellpadd=
ing=3D"0" cellspacing=3D"0"> <tr> <td class=3D"column column--1" style=3D"w=
idth: 45%;" align=3D"center" valign=3D"middle">
<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
 border=3D"0"> <tr> <td class=3D"divider_container" style=3D"padding-top: 1=
0px; padding-bottom: 10px;" width=3D"100%" align=3D"right" valign=3D"top"> =
<table class=3D"divider_content-row" style=3D"width: 94%; height: 1px;" cel=
lpadding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"divider_co=
ntent-cell" style=3D"height: 1px; line-height: 1px; padding-bottom: 0px; ba=
ckground-color: #FFFFFF; border-bottom-width: 0px;" height=3D"1" align=3D"c=
enter" bgcolor=3D"#FFFFFF"> <img alt=3D"" width=3D"5" height=3D"1" border=
=3D"0" hspace=3D"0" vspace=3D"0" src=3D"https://imgssl.constantcontact.com/=
letters/images/1101116784221/S.gif" style=3D"display: block; height: 1px; w=
idth: 5px;"> </td> </tr> </table> </td> </tr> </table> </td>  <td class=3D"=
column column--2" style=3D"width: 10%;" align=3D"center" valign=3D"middle">
<table class=3D"image image--padding-vertical image--mobile-scale image--mo=
bile-center" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0=
"> <tr> <td class=3D"image_container" align=3D"center" valign=3D"top" style=
=3D"padding-top: 10px; padding-bottom: 10px;"> <img data-image-content clas=
s=3D"image_content" style=3D"display: block; height: auto; max-width: 100%;=
" width=3D"42" src=3D"https://imgssl.constantcontact.com/letters/images/PT1=
1793/Divider.png" alt=3D""> </td> </tr> </table> </td>  <td class=3D"column=
 column--3" style=3D"width: 45%;" align=3D"center" valign=3D"middle">
<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
 border=3D"0"> <tr> <td class=3D"divider_container" style=3D"padding-top: 1=
0px; padding-bottom: 10px;" width=3D"100%" align=3D"left" valign=3D"top"> <=
table class=3D"divider_content-row" style=3D"width: 94%; height: 1px;" cell=
padding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"divider_con=
tent-cell" style=3D"height: 1px; line-height: 1px; padding-bottom: 0px; bac=
kground-color: #FFFFFF; border-bottom-width: 0px;" height=3D"1" align=3D"ce=
nter" bgcolor=3D"#FFFFFF"> <img alt=3D"" width=3D"5" height=3D"1" border=3D=
"0" hspace=3D"0" vspace=3D"0" src=3D"https://imgssl.constantcontact.com/let=
ters/images/1101116784221/S.gif" style=3D"display: block; height: 1px; widt=
h: 5px;"> </td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <t=
able class=3D"layout layout--1-column" style=3D"table-layout: fixed;" width=
=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"> <tr> <td class=
=3D"column column--1 scale stack" style=3D"width: 100%;" align=3D"center" v=
align=3D"top">
<table class=3D"text text--padding-vertical" width=3D"100%" border=3D"0" ce=
llpadding=3D"0" cellspacing=3D"0" style=3D"table-layout: fixed;"> <tr> <td =
class=3D"text_content-cell content-padding-horizontal" style=3D"text-align:=
 left; font-family: Trebuchet MS,Verdana,Helvetica,sans-serif; color: #FFFF=
FF; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-wor=
d; padding: 10px 20px;" align=3D"left" valign=3D"top"><p style=3D"text-alig=
n: center; margin: 0;" align=3D"center"><span style=3D"font-size: 22px; tex=
t-decoration: underline;">PROPERTY FEATURES</span></p></td> </tr> </table> =
</td> </tr> </table> <table class=3D"layout layout--2-column layout--divide=
d" style=3D"table-layout: fixed;" width=3D"100%" border=3D"0" cellpadding=
=3D"0" cellspacing=3D"0"> <tr> <td class=3D"column column--verticalDivider =
column--1 scale stack" style=3D"width: 50%;" align=3D"center" valign=3D"top=
">
<table class=3D"text text--padding-vertical" width=3D"100%" border=3D"0" ce=
llpadding=3D"0" cellspacing=3D"0" style=3D"table-layout: fixed;"> <tr> <td =
class=3D"text_content-cell content-padding-horizontal" style=3D"line-height=
: 1.5; text-align: left; font-family: Trebuchet MS,Verdana,Helvetica,sans-s=
erif; color: #FFFFFF; font-size: 14px; display: block; word-wrap: break-wor=
d; padding: 10px 20px;" align=3D"left" valign=3D"top">
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 16px;">List Price:</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 16px;">Land Sq.Ft.:</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 16px;">Price Per Sq.Ft.:</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 16px;">Zoning:</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 16px;">APN:</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 16px;">Proposed Buildable Units:</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 16px;">Proposed Market Rate Units:</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 16px;">Price Per Buildable Door:</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 16px;">Parking:</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 16px;">Commercial:</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 16px;">Zoning Floor Area:</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 16px;">Net Rentable Area:</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 16px;">Enlistment Status:</span></p>
</td> </tr> </table> </td>  <td class=3D"column-divider column-divider--ver=
ticalDivider scale stack" style=3D"height: 1px; line-height: 1px; backgroun=
d-color: #FFFFFF;" width=3D"1" align=3D"center" valign=3D"top" bgcolor=3D"#=
FFFFFF"> <img alt=3D"" width=3D"1" height=3D"1" border=3D"0" hspace=3D"0" v=
space=3D"0" src=3D"https://imgssl.constantcontact.com/letters/images/110111=
6784221/S.gif"> </td>  <td class=3D"column column--verticalDivider column--=
2 scale stack" style=3D"width: 50%;" align=3D"center" valign=3D"top">
<table class=3D"text text--padding-vertical" width=3D"100%" border=3D"0" ce=
llpadding=3D"0" cellspacing=3D"0" style=3D"table-layout: fixed;"> <tr> <td =
class=3D"text_content-cell content-padding-horizontal" style=3D"line-height=
: 1.5; text-align: left; font-family: Trebuchet MS,Verdana,Helvetica,sans-s=
erif; color: #FFFFFF; font-size: 14px; display: block; word-wrap: break-wor=
d; padding: 10px 20px;" align=3D"left" valign=3D"top">
<p style=3D"margin: 0;"><span style=3D"font-size: 16px;">$6,295,000</span><=
/p>
<p style=3D"margin: 0;"><span style=3D"font-size: 16px;">&#xb1;16,420</span=
></p>
<p style=3D"margin: 0;"><span style=3D"font-size: 16px;">$383.37</span></p>
<p style=3D"margin: 0;"><span style=3D"font-size: 16px;">C2, TOC 2</span></=
p>
<p style=3D"margin: 0;"><span style=3D"font-size: 16px;">4235-024-005</span=
></p>
<p style=3D"margin: 0;"><span style=3D"font-size: 16px;">72</span></p>
<p style=3D"margin: 0;"><span style=3D"font-size: 16px; color: rgb(255, 255=
, 255);">65</span></p>
<p style=3D"margin: 0;"><span style=3D"font-size: 16px; color: rgb(255, 255=
, 255);">$87,430</span></p>
<p style=3D"margin: 0;"><span style=3D"font-size: 16px; color: rgb(255, 255=
, 255);">85 Spaces</span></p>
<p style=3D"margin: 0;"><span style=3D"font-size: 16px; color: rgb(255, 255=
, 255);">800 Sq.Ft. Cafe</span></p>
<p style=3D"margin: 0;"><span style=3D"font-size: 16px; color: rgb(255, 255=
, 255);">53,371 Sq.Ft.</span></p>
<p style=3D"margin: 0;"><span style=3D"font-size: 16px; color: rgb(255, 255=
, 255);">42,223 Sq.Ft.</span></p>
<p style=3D"margin: 0;"><span style=3D"font-size: 16px; color: rgb(255, 255=
, 255);">Preliminary plans in place, Ready for ministerial approval</span><=
/p>
</td> </tr> </table> </td> </tr> </table> <table class=3D"layout layout--3-=
column" style=3D"table-layout: fixed;" width=3D"100%" border=3D"0" cellpadd=
ing=3D"0" cellspacing=3D"0"> <tr> <td class=3D"column column--1" style=3D"w=
idth: 45%;" align=3D"center" valign=3D"middle">
<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
 border=3D"0"> <tr> <td class=3D"divider_container" style=3D"padding-top: 1=
0px; padding-bottom: 10px;" width=3D"100%" align=3D"right" valign=3D"top"> =
<table class=3D"divider_content-row" style=3D"width: 94%; height: 1px;" cel=
lpadding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"divider_co=
ntent-cell" style=3D"height: 1px; line-height: 1px; padding-bottom: 0px; ba=
ckground-color: #FFFFFF; border-bottom-width: 0px;" height=3D"1" align=3D"c=
enter" bgcolor=3D"#FFFFFF"> <img alt=3D"" width=3D"5" height=3D"1" border=
=3D"0" hspace=3D"0" vspace=3D"0" src=3D"https://imgssl.constantcontact.com/=
letters/images/1101116784221/S.gif" style=3D"display: block; height: 1px; w=
idth: 5px;"> </td> </tr> </table> </td> </tr> </table> </td>  <td class=3D"=
column column--2" style=3D"width: 10%;" align=3D"center" valign=3D"middle">
<table class=3D"image image--padding-vertical image--mobile-scale image--mo=
bile-center" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0=
"> <tr> <td class=3D"image_container" align=3D"center" valign=3D"top" style=
=3D"padding-top: 10px; padding-bottom: 10px;"> <img data-image-content clas=
s=3D"image_content" style=3D"display: block; height: auto; max-width: 100%;=
" width=3D"42" src=3D"https://imgssl.constantcontact.com/letters/images/PT1=
1793/Divider.png" alt=3D""> </td> </tr> </table> </td>  <td class=3D"column=
 column--3" style=3D"width: 45%;" align=3D"center" valign=3D"middle">
<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
 border=3D"0"> <tr> <td class=3D"divider_container" style=3D"padding-top: 1=
0px; padding-bottom: 10px;" width=3D"100%" align=3D"left" valign=3D"top"> <=
table class=3D"divider_content-row" style=3D"width: 94%; height: 1px;" cell=
padding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"divider_con=
tent-cell" style=3D"height: 1px; line-height: 1px; padding-bottom: 0px; bac=
kground-color: #FFFFFF; border-bottom-width: 0px;" height=3D"1" align=3D"ce=
nter" bgcolor=3D"#FFFFFF"> <img alt=3D"" width=3D"5" height=3D"1" border=3D=
"0" hspace=3D"0" vspace=3D"0" src=3D"https://imgssl.constantcontact.com/let=
ters/images/1101116784221/S.gif" style=3D"display: block; height: 1px; widt=
h: 5px;"> </td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <t=
able class=3D"layout layout--1-column" style=3D"table-layout: fixed;" width=
=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"> <tr> <td class=
=3D"column column--1 scale stack" style=3D"width: 100%;" align=3D"center" v=
align=3D"top">
<table class=3D"text text--padding-vertical" width=3D"100%" border=3D"0" ce=
llpadding=3D"0" cellspacing=3D"0" style=3D"table-layout: fixed;"> <tr> <td =
class=3D"text_content-cell content-padding-horizontal" style=3D"line-height=
: 1.2; text-align: left; font-family: Trebuchet MS,Verdana,Helvetica,sans-s=
erif; color: #FFFFFF; font-size: 14px; display: block; word-wrap: break-wor=
d; padding: 10px 20px;" align=3D"left" valign=3D"top">
<p style=3D"margin: 0;"><span style=3D"font-size: 22px; text-decoration: un=
derline;">PROPERTY HIGHLIGHTS</span></p>
<p style=3D"margin: 0;"><br></p>
<p style=3D"margin: 0;">Preliminary Plans in place to build up to 72 units,=
 ready for Ministerial Approval, with only 7 income restricted units requir=
ed.&#xa0;Parking is primary at or above grade, with only one subterranean p=
arking level with 41 spaces. Level 1, on grade, will consist of Cafe and a =
restaurant to capitalize on the vibrant retail corridor surrounding the pro=
ject, with 3 commercial spaces and 13 spaces for residents. Level 2 consist=
s of 1 One-Bedroom apartment, 1 Studio apartment, a gym, and&#xa0;25 parkin=
g spaces above grade for residents. Level 3 will consist of 2 two-bedroom u=
nits, 1 Studio Unit,&#xa0;and 12 One-Bedroom Units. Level 4-7 will consist =
of the remaining 55 units. Level 8 proposes a deck with a pool and pickleba=
ll court for residents to enjoy. Other amenities include a gym, courtyard, =
storage, and bicycle parking. The building's height will give residents inc=
redible views of the surrounding city, mountains, and the ocean.</p>
<p style=3D"margin: 0;"><br></p>
<p style=3D"margin: 0;">While finalizing the planning and permitting proces=
s, a buyer can collect approximately $29,000 of gross monthly income from t=
he existing buildings with short term or month to month tenancies.</p>
</td> </tr> </table> </td> </tr> </table> <table class=3D"layout layout--3-=
column" style=3D"table-layout: fixed;" width=3D"100%" border=3D"0" cellpadd=
ing=3D"0" cellspacing=3D"0"> <tr> <td class=3D"column column--1" style=3D"w=
idth: 45%;" align=3D"center" valign=3D"middle">
<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
 border=3D"0"> <tr> <td class=3D"divider_container" style=3D"padding-top: 1=
0px; padding-bottom: 10px;" width=3D"100%" align=3D"right" valign=3D"top"> =
<table class=3D"divider_content-row" style=3D"width: 94%; height: 1px;" cel=
lpadding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"divider_co=
ntent-cell" style=3D"height: 1px; line-height: 1px; padding-bottom: 0px; ba=
ckground-color: #FFFFFF; border-bottom-width: 0px;" height=3D"1" align=3D"c=
enter" bgcolor=3D"#FFFFFF"> <img alt=3D"" width=3D"5" height=3D"1" border=
=3D"0" hspace=3D"0" vspace=3D"0" src=3D"https://imgssl.constantcontact.com/=
letters/images/1101116784221/S.gif" style=3D"display: block; height: 1px; w=
idth: 5px;"> </td> </tr> </table> </td> </tr> </table> </td>  <td class=3D"=
column column--2" style=3D"width: 10%;" align=3D"center" valign=3D"middle">
<table class=3D"image image--padding-vertical image--mobile-scale image--mo=
bile-center" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0=
"> <tr> <td class=3D"image_container" align=3D"center" valign=3D"top" style=
=3D"padding-top: 10px; padding-bottom: 10px;"> <img data-image-content clas=
s=3D"image_content" style=3D"display: block; height: auto; max-width: 100%;=
" width=3D"42" src=3D"https://imgssl.constantcontact.com/letters/images/PT1=
1793/Divider.png" alt=3D""> </td> </tr> </table> </td>  <td class=3D"column=
 column--3" style=3D"width: 45%;" align=3D"center" valign=3D"middle">
<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
 border=3D"0"> <tr> <td class=3D"divider_container" style=3D"padding-top: 1=
0px; padding-bottom: 10px;" width=3D"100%" align=3D"left" valign=3D"top"> <=
table class=3D"divider_content-row" style=3D"width: 94%; height: 1px;" cell=
padding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"divider_con=
tent-cell" style=3D"height: 1px; line-height: 1px; padding-bottom: 0px; bac=
kground-color: #FFFFFF; border-bottom-width: 0px;" height=3D"1" align=3D"ce=
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FF; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-wor=
d; padding: 10px 20px;" align=3D"left" valign=3D"top"><div><div style=3D"te=
xt-align: center;" align=3D"center"><span style=3D"color: rgb(153, 34, 96);=
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does not guarantee the accuracy of square footage, lot size or other inform=
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r obtained from public records or other sources, and the buyer is advised t=
o independently verify the accuracy of that information through personal in=
spection and with appropriate professionals. Broker may or may not have an =
exclusive right to sell property.</span></p></td> </tr> </table> </td> </tr=
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