i n v e s t m e n t r e a l e s t a t e b r o k e r s a n ...€¦ · • prime sherman oaks...

Price:

Down: 45%

Loan:

Interest Rate: 4.00%

Current MarketRents Rents16.12 13.89

4.12 5.05

$366,667 --

$369.87 --

2.2% 4.2%

4.3% 6.3%

Internal Rate of Return (7 year hold) Pre Tax: 7.8% -- Post Tax: 5.7% --

$1.91 $2.22

Parcel Number:

Zoning:

The above information has been secured from sources we believe to be reliable, but we make no representations orwarranties, expressed or implied, as to the accuracy of the information. © Hanes Investment Realty, Inc. 2010

INVESTMENT HIGHLIGHTS FINANCIAL INDICATORS

• 6 Townhouse units near TO Civic Arts Plaza

• Units built in 2011

HANES INVESTMENT REALTY, INC. I N V E S T M E N T R E A L E S T A T E B R O K E R S A N D A D V I S O R S

EXCLUSIVELY OFFERS FOR SALE

$2,200,000

$1,000,000

6 Townhouse Units

670-0-191-330

2011 Year Built:

• Prime Sherman Oaks Location

• 16%+ Upside in rents, NO RENT CONTROL

• Offered by the original owner/builder

• 71 Walk Score - Near Civic Arts Plaza and The Lakes

• Central HVAC

• Rare Thousand Oaks opportunity

• Prime Sherman Oaks Location

Cost Per Square Foot:

hanesinvestmentrealty.com

$1,200,000

Gross Rent Multiplier:

Capitalization Rate:

Cost Per Unit

Cash Flow:

Total Return:

A complete marketing package is available for those seriously considering the property.For additional information contact:

Braemon Hanes CCIM, Lic. # 01230427 and Todd Schwartz, Lic. #01136688

Ph: (818) 865-8305 Email: [email protected] or [email protected]

Please do not go on-site without an appointment. Drive by only. Do not disturb the residents.

N/Av

Additional Loan Terms: Loan terms estimated.

Thousand Oaks, CA 913621769 Los Feliz Drive

Rent Per Square Foot:

/ /

------

Property Tax: Net Operating Income:Management: Less Interest:Maintenance: Less Depreciation:Property Insurance: Ratio: Land /Building / Personal:Water:Power: Building Cost:Gas: Useful Life:Rubbish:Landscaping: Personal Property Cost:Pool: Useful Life:License and Fees:Pest Control: Taxable Income (Loss):Elevator: Estimated Tax Bracket:Total Expenses: Potential Tax Savings*: $

*Potential tax savings may be allowable to investors who have sufficient passive rental income to absorb this excess loss (if any)

The above information has been secured from sources we believe to be reliable, but we make no representations or

warranties, expressed or implied, as to the accuracy of the information. © Hanes Investment Realty, Inc.

-$ 43,043$ 31.5%

1,120$ 0.8%1,830$ 1.3%1,056$ 0.8%1,200$ 0.9%

-$

Market Indicators

ESTIMATED ANNUAL EXPENSES: TAX COMPUTATION:

5,256$ 2,000$ 6,687$

-$ 23,100$

3.9%1.5%5.0%

16.9%

Current Rent Per Sq.Ft.

Market Rent Per Sq.Ft.

Market CAP

Market GRM

$2.22

$1.91

5.05

6# Units

$366,667Cost Per Unit

4.12Cap Rate

North of Thousand Oaks Blvd.Nearest Cross Street

1769 Los Feliz Drive , Thousand Oaks 91362

Financial Summary

6 Townhouse Multifamily UnitsPA: FA:

2011Year BuiltExpense Sq.Ft. Unit

$7.24 $7,174GRM16.12 $369.87

Cost Sq.Ft.

Tax Area

158,400$ 3,168$

155,232$ 44,118$

2.0%

27.9%

Current Rents Market Rents

$2,200,000Price

$1,000,000Down Payment % Down

45%

$1,200,0001st Loan New / Assume

NewInterest Rate Year Due

2047Lender

Institutional

Loan Terms:

08002

1.83:1Parking Ratio

ANNUAL OPERATING ANALYSIS:

13,054Lot Sq. Ft. Lot Dimensions

11Total Parking

670-0-191-330Parcel Number

Variable / Fixed Amort. Period30

Loan terms estimated.

4.00% Fixed

ZoningN/Av

Assessors Sq. Ft. 5,948 .29 Acres

Less Expenses:Gross Operating Income:

less Vacancy Reserve:

2.2%

4.3%

4.2%

6.3%Total Return:plus Equity Build-up:

Cash Flow:

133,742$ 31.5%

2.0%136,472$

2,729$ Scheduled Gross Income:

RENTAL INCOME OVERVIEW:# Units

111,114$

63,499$

13.8942

9,400$ 3,500$

Market Rents

68,748$ 42,367$ 21,132$

43,084$ 21,132$ 21,951$ 68,748$ 90,699$ 43,043$

less Loan Payments:Net Operating Income:

2,702$ Current RentsSq. Ft. Range

1,000800

136,472$ 11,373$

-$ 300$

11,073$ -$ -$ -$ -$

Bed + Bath

2 + 1.51 + 1.5

8,371$

(16,916)$ 37.5%6,344

90,699$ 47,615$

25 / 75 / 0

1,650,000$ 27.5 Yrs.

60,000$

12,900$ -$ -$ -$ -$

Yrs.

1,000800

158,400$ 13,200$

-$ 300$

Annual Gross Income:Total Monthly Gross Income:

Other Monthly Income:Laundry Per Month:Total Monthly Rent:


194$ 0.1%600$ 0.4%

1.05%

INVESTMENT REAL ESTATE BROKERS AND ADVISORS

HANES INVESTMENT REALTY, INC.

1769 Los Feliz Drive , Thousand Oaks 913626 Townhouse Multifamily Units

MARKETEST. RENT PER EST. RENT

APARTMENT # BED # BATH SQUARE MONTHLY SQUARE MARKET SQUARE PERCENT NUMBER ROOMS ROOMS FEET RENT FOOT RENT FOOT VARIANCE VARIANCE

1 2 1.5 1,000 $2,039.00 $2.04 $2,350.00 $2.35 $311.00 15.3%2 1 1.5 800 $1,312.50 $1.64 $1,750.00 $2.19 $437.50 33.3%3 2 1.5 1,000 $2,032.00 $2.03 $2,350.00 $2.35 $318.00 15.6%4 2 1.5 1,000 $2,200.00 $2.20 $2,350.00 $2.35 $150.00 6.8%5 1 1.5 800 $1,389.15 $1.74 $1,750.00 $2.19 $360.85 26.0%6 2 1.5 1,000 $2,100.00 $2.10 $2,350.00 $2.35 $250.00 11.9%

Square footage for multifamily individual units is estimated. Gross square footage is 5,948 per assessors

All two story townhomes

$11,073 $12,900

$300 $300$0 $0

$11,373 $13,200 VARIANCE$136,472 $158,400 16.1%


ANNUAL TOTALMONTHLY TOTALOTHER INCOMELAUNDRYMONTHLY INCOME

Rent Schedule




1769 Los Feliz Drive, Thousand Oaks CA 913626 Townhouse Multifamily Units

The above information has been secured from sources we believe to be reliable, but we make no representations orwarranties, expressed or implied, as to the accuracy of the information. © Hanes Investment Realty, Inc. 2010 hanesinvestmentrealty.com

Property Photos

Location Maps



1769 Los Feliz Drive, Thousand Oaks CA 913626 Townhouse Multifamily Units


Assessor Map


Property Photos

Aerial View




Comp: 1 Comp: 2 Comp: 3 Comp: 4 Comp: 5

City: Thousand Oaks Thousand Oaks Thousand Oaks Thousand Oaks Thousand OaksTownhouse Townhouse Single Story Townhouse Townhouse

Year Built: 1979 1975 1978 1979 1979Neighborhood: 4 5 5 5 5

ExteriorBuilding Exterior: 5 5 5 5 5Landscaping: 5 5 5 5 5General Cleanliness: 5 5 5 5 5# Parking Spaces: 2 2 2 1 2Parking Space Type: Carport Garage Garage Garage Garage

InteriorFlooring Type: Wood/Tile Wood/Tile/Carpet Wood/Tile Wood Vinyl Wood/CarpetKitchen Appliances: Stainless Stainless Stainless Stainless# Balcony / Patios: Yes Patio Patio Patio Balcony/Patio

AmenitiesLaundry Room: WD in Unit WD in Unit WD in Garage - WD in UnitPool / Spa: Pool Pool/Spa Pool/Spa Pool PoolRecreation Room: Yes Tennis Tennis - -

Heat / Air ConditioningHeating: - - - Central CentralAir Conditioning: Forced Air - - Central Central

UtilitiesElectric Meter: Individual Individual Individual Individual IndividualGas Meter: Individual Individual Individual Individual IndividualWater Meter:

Unit Mix and RentRental Source:

1+1.5 Rent: - $1,800Sq.Ft. / Rent Sq.Ft. 800 - 800 / $1.64 - $1.74 759/$2.37

2+1.5 Rent: -Sq.Ft. / Rent Sq.Ft. 1,000 - 1,000 / $2.03 - $2.20 Townhouse Single Story Townhouse Townhouse

2+2 Rent (SFR) $2,500 $2,400 $2,400 $2,425Sq.Ft. / Rent Sq.Ft. 1,349 / $1.56 1,492/$1.68 1,128/$2.13 1,188/$2.02 1,204/$2.01

Rent: -Sq.Ft. / Rent Sq.Ft. - / -



55+ Complex


warranties, expressed or implied, as to the accuracy of the information. © Hanes Investment Realty, Inc. 2010

$2,100

Rent Survey

1794 Aleppo Ct. 737 Warwick Ave.

Subject1769 Los Feliz Dr.

Thousand Oaks

Address: 245 Oakleaf Dr.

(5)2011

Townhomes


2. Square footage are estimates only which are derived from on-site estimation, comparable sales, MLS and other real estate professionals. Hanes Investment Realty, Inc. makes no warranties as to the accuracy of the square footage.

1530 Plumeria 2224 Olivewood Dr.

Open/Covered11(5)(5)(5)

Patios-

Carpet/Vinyl/Laminate

NoNo

1. The subject is given a rating of 5. If the comparable is superior, it receives a rating of 6 through 10. If the comparable is inferior, it receives a rating of 1 through 4.

Yes

MasterNone

Individual

CentralCentral

-$1,313 $1,389

$2,200$2,032





warranties, expressed or implied, as to the accuracy of the information. © Hanes Investment Realty, Inc. hanesinvestmentrealty.com

Rent Survey Site Locations



1769 Los Feliz Dr. , Thousand Oaks 91362

6 Townhouse Units

Price

Down% Down

COE Date

A. N/Av N/Av $618,182 $321.19 22 $13,600,000Thousand Oaks, CA 91362 N/AvYear Built: 2008 N/AvUnit Mix: May-17 22-3+2

B. N/Av N/Av $350,785 $332.47 191 $67,000,000Thousand Oaks, CA 91360 N/AvYear Built: 1973 N/AvUnit Mix: Sep-16 121-1+1 16-2+1.5 36-2+2 18-3+2

C. N/Av N/Av $348,814 $337.26 253 $88,250,000Westlake Village, CA 91361 N/AvYear Built: 1971 N/AvUnit Mix: Aug-16 93-1+1 44-2+1 44-2+2 72-3+2

D. N/Av N/Av $373,239 $292.66 142 $53,000,000Thousand Oaks, CA 91360 N/AvYear Built: 1966 N/AvUnit Mix: Jan-16 48-1+1 24-2+2 54-3+2 16-4+2

E. N/Av N/Av $432,000 $419.42 10 $4,320,000Thousand Oaks, CA 91362 N/AvYear Built: 2014 N/AvUnit Mix: Apr-15 10-2+2

Averages $424,604 $340.60

Subject Property

1769 Los Feliz Dr. $366,667 $369.87 6 $2,200,000Thousand Oaks, CA 91362 $1,000,000Year Built: 2011 45%Unit Mix: 2-1+1.5 TH 4-2+1.5 TH



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1769 Los Feliz Dr. , Thousand Oaks 91362

6 Townhouse Units



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