V082018

MULTI-FAMILY INVESTMENT3,818 SF TOTAL

INDUSTRYPARTNERS.COM310 395 5151CA BRE No. 01900833

FOR SALE

2227 MARVIN AVE MID CITYLOS ANGELES

DANIEL PICKARTdp@industrypartners.comCA BRE No. 01914551

INDUSTRYPARTNERS.COM 310 395 5151 CA BRE NO. 01900833 V082018 2

FOR SALE MULTI-FAMILY INVESTMENT 2227 S MARVIN AVE LOS ANGELES CA 90016 DETAILS

FEATURES

Ideal location in Los Angeles’ Mid-City, near Santa Monica Fwy (10)

Just within a 10-min bike ride from the Jefferson/La Cienega Expo Line Station

Near many new office and retail develoment along W Adams Blvd, and in Culver City

Minutes from Culver City’s Arts District countless art galleries and amenities.

Washington Blvd

2227 S MARVIN AVE

SALE PRICE

$1,249,000BUILDING SF

3,818 SFPRICE / BUILDING SF

$327.13MONTHLY INCOME 2018

Unit 01 $1,457.04

Unit 02 $884.90

Unit 03 $1,262.47

Unit 04 $1,350.95

TOTAL $4,915.36

CONFIGURATION

Unit 01 3 x 2

Unit 02 2 x 1

Unit 03 2 x 1

Unit 04 3 x 2

PRO-FORMA INCOME

Unit 01 $2,895

Unit 02 $2,300

Unit 03 $2,300

Unit 04 $2,895

TOTAL $10,390

LAND AREA

5,633 SF

INDUSTRYPARTNERS.COM 310 395 5151 CA BRE NO. 01900833 V082018 3

FOR SALE MULTI-FAMILY INVESTMENT 2227 S MARVIN AVE LOS ANGELES CA 90016 EXTERIORPHOTOS

Secure gated parking.

INDUSTRYPARTNERS.COM 310 395 5151 CA BRE NO. 01900833 V082018 4

FOR SALE MULTI-FAMILY INVESTMENT 2227 S MARVIN AVE LOS ANGELES CA 90016

2227 S MARVIN AVE

5406 Blackwelder St

2309 Hauser Blvd

2006 S Harcourt Ave

2922 Hauser Blvd

ADDRESS BUILDING TYPE UNIT TYPE SALE PRICE BUILDING SF PRICE / BLD SF SALE DATE

523 Main St. Residential 5 Units 1bed 1 bath $1,575,000 1,536 $1,025 09/26/17

809 6th Ave. Residential 2 Units 1b1b & 1b2b $2,150,000 1,400 $1,536 05/22/17

1641 Abbot Kinney Residential 5 Units 1bed 1 bath $4,500,000 3,618 $1,244 12/17/17

14 Ozone Residential 6 Units Mix $4,250,000 4,693 $906 06/01/17

RECENTSALECOMPS

BUILDING TYPE

Fourplex

Fourplex

Fourplex

Fourplex

UNIT TYPE

Mix

4b4b

8b4b

12b8b

SALE PRICE

$1,215,000

$1,170,000

$1,585,000

$1,425,000

BUILDING SF

3,224

4,118

2,378

4,712

PRICE / BLDG SF

$376.86

$279.37

$666.53

$302.42

SALE DATE

Pending

04/06/18

11/22/17

12/09/17

ADDRESS

5406 Blackwelder St

2006 S Harcourt Ave

2922 Hauser Blvd

2309 Hauser Blvd

INDUSTRYPARTNERS.COM 310 395 5151 CA BRE NO. 01900833 V082018 5

FOR SALE MULTI-FAMILY INVESTMENT 2227 S MARVIN AVE LOS ANGELES CA 90016 NEIGHBORHOOD

Blum & Poe

Thinkspace GalleryDaily Organics

Father’s Office

Destroyer

Bar Nine

2227 S MARVIN AVE

Tender Greens

EXPO LINE

Walter Maciel

Platform

Vee’s Cafe

Delicious Pizza Alta

Starbucks

Gaby’s Mediterranean

Nomad Hotel

Abouttheneighborhood

Walkable neighborhood close to the Expo Line

Blocks away from high-profile development projects such as Ivy Station, Platform, and Cumulus, a mixed-use project with over 1,200 residential units, and approximate-ly 300K SF of commercial uses.

10-MIN BIKE RIDE TO EXPO LINE JEFFERSON/LA CIENEGA STATION

INDUSTRYPARTNERS.COM 310 395 5151 CA BRE NO. 01900833 V082018 6

FOR SALE MULTI-FAMILY INVESTMENT 2227 S MARVIN AVE LOS ANGELES CA 90016 NEARBYEMPLOYERS/JOBSOURCES

APPLEC

KAISER PERMANENTE E

AMAZONB

APPLE D

AMAZON A

2777 S MARVIN AVE

A B C D E

CULVER STEPS

75,000 SF Creative Office Amazon new office

CULVER STUDIOS

280,000 SF Creative Office Amazon new studios

8777 WASHINGTON BLVD

128,000 SF Creative Office Apple’s new office

5500 W JEFFERSON BLVD

85,000 SF Creative Office Apple’s new office

KAISER PERMANENTE

867,000 SF Medical Use Space