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MARKETING PRESENTATION

4 Units + 1 in West Los Angeles 2479 Barry Avenue, Los Angeles, CA 90064

Prosser Stevens Real Estate Investments 2701 Ocean Park Blvd. Suite 140 Santa Monica, CA 90405

Properties@ProsserStevens.com (310) 482-2209 www.ProsserStevens.com

OFFERING HIGHLIGHTS: Great location near Santa Monica, Brentwood and Mar Vista

10-minute walk to Bundy/Expo Metro Line station (in development)

Beautifully remodeled with wood-laminate floors and bright kitchens

(2) single car garages & approx. (3) off-street parking spaces

Brick fireplaces

Approximately 20% upside in rents!

1. PROPERTY ANALYSIS

Property Summary

Financial Overview

Rent Roll Overview

2. PROPERTY INFORMATION

Property Location Map

Property Photos

Property Plat Map

3. COMPARABLES

Sales Comparables

Sales Comparables Map

Rent Comparables

Rent Comparables Map

CONTENTS

PROPERTY SUMMARY

Property Description

Units 4 Building SF 3,405

Cross Streets Gateway Blvd & Ayres Ave Parcel Number 4260-032-047

Market West Los Angeles Building (1) 2-Story Building

Year Built 1975 Zoning Type LARD1.5

Parking (3) parking spaces (2) single car garages

Utilities Separately metered electricity/ gas

Property Prosser Stevens Real Estate Investments proudly presents the exclusive listing of 2479 Barry Avenue. The subject property is a 4-unit building with a non-conforming 5th unit on a 3,177 sq.ft. lot. Four out of five units are beautifully remodeled with wood-laminate floors, bright kitchens and tiled floor baths. The roof was replaced in 2013. There are (2) single car garages and (3) off-street parking spaces. Each unit is individually metered for electricity and gas. There are (2) 2 bedroom, 2 bath, (1) 1 bedroom, 1 bath and (2) studio apartment units.

Area The subject property 2479 Barry Avenue is located in West Los Angeles conveniently near the I-10 and the I-405 and the neighborhoods of Santa Monica, Brentwood and Mar Vista. The property is south of Pico and east of Barrington and just a 10-minute walk to the Bundy/Expo Metro Line station.

Property Highlights

FINANCIAL SUMMARY Listed @ $1,100,000

RENT ROLL

PROPERTY LOCATION

2479 Barry Ave, Los Angeles, CA 90064

PROPERTY PHOTOS

PROPERTY PHOTOS

PROPERTY PHOTOS

PARCEL MAP

SALE PRICE UNITS BLDG S.F. PRICE S.F. PRICE / UNIT GRM CAP

$899,000 3 1,777 $505.91 @299,667 N/A N/A

Year Built: 1942 Unit Mix: (3) 1+1 Active

SALES COMPARABLES

Sale Comp A: 2467 Barry Ave, Los Angeles, 90064

SALE PRICE UNITS BLDG S.F. PRICE S.F. PRICE / UNIT GRM CAP

$1,250,000 4 3,748 $333.51 $312,5000 N/A 6.1%

Year Built: 1965 Unit Mix: (2) 3+2, (1) 2+2, (1) 1+1 Active

Sale Comp B: 3753 Veteran Ave, Los Angeles, 90034

SALE PRICE UNITS BLDG S.F. PRICE S.F. PRICE / UNIT GRM CAP

$1,260,000 4 3,093 $407.37 $315,000 N/A 2.1%

Year Built: 1954 Unit Mix: (2) 2+1, (2) 1+1 Closed on 3/6/2014

Sale Comp C: 1846 Stoner Ave, Los Angeles, 90025

SALE PRICE UNITS BLDG S.F. PRICE S.F. PRICE / UNIT GRM CAP

$1,700,000 5 4,348 $390.98 $340,000 N/A 5.2%

Year Built: 1961 Unit Mix: (2) 2+1.5, (2) 0+1 Closed on 7/29/2013

SALES COMPARABLES

Sale Comp D: 1930 Holmby Ave, Los Angeles, 90025

SALE PRICE UNITS BLDG S.F. PRICE S.F. PRICE / UNIT GRM CAP

$1,780,000 5 5,756 $309.24 $356,000 12.52 3.6%

Year Built: 1963 Unit Mix: (1) 3+2, (1) 2+2, (2) 2+1.5, (1) 2+1 Closed on 9/19/2013

Sale Comp E: 2231 Virginia Ave, Santa Monica, 90404

SALE PRICE UNITS BLDG S.F. PRICE S.F. PRICE / UNIT GRM CAP

$1,150,000 4 2,654 $433.31 $287,500 18.68 3.5%

Year Built: 1955 Unit Mix: (1) 2+1, (3) 1+1 Closed on 1/14/2014

Sale Comp F: 11956 Walnut Ln, Los Angeles, 90025

SALES COMPARABLES MAP

Subject Property: 2479 Barry Ave

A. 2467 Barry Ave

B. 3753 Veteran Ave

C. 1846 Stoner Ave

D. 1930 Holmby Ave

E. 11956 Walnut Ln

• A

• B

• C

• D

• E

RENT SURVEY

RENT BED BATH

$1,595 1 1

RENT COMP A: 2445 Barrington Ave

RENT BED BATH

$1,600 1 1

RENT COMP B: 3101 Barrington Ave

RENT BED BATH

$2,200 2 2

RENT COMP C: 11373 Pearl St

RENT BED BATH

$2,495 2 2

RENT COMP D: 2669 Barrington Ave

RENT COMPARABLES MAP

Subject Property: 2479 Barry Ave

A. 2445 Barrington Ave

B. 3101 Barrington Ave

C. 11373 Pearl St

D. 2669 Barrington Ave

• D

• A

• B

• C

Prosser Stevens Real Estate Investments

Properties@ProsserStevens.com

310.482.2209

www.ProsserStevens.com

310.861.1175 FAX