Envelope-to: info@sterlingcal.com
Delivery-date: Thu, 21 Jul 2022 11:05:09 -0500
Message-ID: <1139098631178.1109032175899.1577520235.0.571201JL.2002@scheduler.constantcontact.com>
Date: Thu, 21 Jul 2022 12:04:57 -0400 (EDT)
From: Maher Commercial Realty <oron@mahercr.com>
Reply-To: oron@mahercr.com
To: info@sterlingcal.com
Subject: SOLD: Westwood Village 20-Unit Value-Add Student Housing Building
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 542 Glenrock Avenue | Los Angeles | CA 90024 Sale Price: $8,830,000 Buildi=
ng Size 12,423 Sq.Ft. Lot Size 9,645 Sq.Ft. Number of Units 20 Zoning LAR4 =
TOC 3 Parking Spaces 20 We are pleased to announce the sale of this rare 70=
% vacant value-add 20-unit building located just 1.5 blocks from UCLA. The =
+/- 12,423 square foot property is comprised of 12 studios and eight 1 bed/=
1 bath units and 20 parking spaces. The building has a swimming pool, eleva=
tor, two outdoor backyards (private), balconies, and storage spaces (not cu=
rrently rented). Maher Commercial Realty represented both Buyer and Seller =
in this transaction, which sold in multiple offers. PROPERTY FEATURES Build=
ing Size: Lot Size: Total Units: Total Parking: Pro Forma Rental Income: Zo=
ning: PROPERTY FEATURES 12,423 Sq.Ft. 9,645 Sq.Ft. 20 20 Spaces $599,700 LA=
R4 TOC 3 FOR MORE INFORMATION PLEASE CONTACT: Oron Maher Broker-Director, E=
squire Maher Commercial Realty 310.464.1453 Oron@MaherCR.com BRE# 01299093 =
Real Estate for the Prosperity of All =C2=A92022 Maher Commercial Realty. B=
roker does not guarantee the accuracy of square footage, lot size or other =
information concerning the condition or features of property provided by se=
ller or obtained from public records or other sources, and the buyer is adv=
ised to independently verify the accuracy of that information through perso=
nal inspection and with appropriate professionals. Broker may or may not ha=
ve an exclusive right to sell property. =E2=80=8C =E2=80=8C =E2=80=8C Maher=
 Commercial Realty | 275 S Beverly Drive, Ste 100, Beverly Hills, CA 90212 =
Unsubscribe info@sterlingcal.com Update Profile | Constant Contact Data Not=
ice Sent by oron@mahercr.com powered by Try email marketing 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 class="text-container galileo-ap-content-editor"><div><div>Sale Price: $8,830,000</div></div></div>
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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>
<div><br></div>
<div>20</div>
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<div><span style="font-weight: bold;">Zoning</span></div>
<div><br></div>
<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>We are pleased to announce the sale of this rare 70% vacant value-add 20-unit building</div>
<div>located just 1.5 blocks from UCLA. The +/- 12,423 square foot property is comprised of 12 studios and eight 1 bed/1 bath units and 20 parking spaces. The building has a swimming pool, elevator, two outdoor backyards (private), balconies, and storage spaces (not currently rented).</div>
<div><br></div>
<div>Maher Commercial Realty represented both Buyer and Seller in this transaction, which sold in multiple offers.</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;">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 class="gl-contains-text">
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<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 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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