Janti Shabani presents an attractive Green Trophy Development opportunity off market sale

Janti ShabaniTop Producer Realtor Mobile: (310)490-0902 Office: (310)432-5772 DRE: 01442399 Jshabani26@sbcglobal.net KW Beverly Hills

WOOSTER 1500-1508 SOUTH

STREET

GREEN INVESTMENT OPPORTUNITY

Wonder Agent Janti Shabani Presents:An attractive Green Trophy Development opportunitylocated at: 1500 and 1508 Wooster street, the corner of Wooster and Cashio.One of the most coveted rental markets in Los Angeles. High demands condos location for Orthodocs. Approximately 14,736 sqft development site is zonedLAR3 and falls under TOC tier 2 eligibility For adeveloper to build 31 units. Great Beverlywood location!Very close to Beverly Hills. With value added opportunity land. Offered $5,750,000.

DEVELOPMENT SITE IN BEVERLYWOOD

Subject Property• The site consists 2 percales• Transit Oriented Community (Tier 2) "Base incentives"-60% Density Bonus, 45% Floor Area Ratio

increase, and a parking requirement of one-half (0.5) an automobile stall per bedroom• Transit Oriented Community (tier 2) "Additional Incentives" -Up to three (3) on-menu incentives can

be requested.

Property subject has been shown in platmat, highlighted in blue.

.Figure A: Aerial View (southeast corner of Wooster.St and Cashio St)

-Properties Summary

Portfolio sale: two income properties for sale as portfolio

• 1500 Wooster Street la CA 9 0035, corner of Wooster and Cashio

• 1500 Wooster Street lot area is: 82 27 SqFt.

• 1500 Wooster Street is Fourplex

• 1508 Wooster Street la CA 9 0035

• 1508 Wooster Street lot area is: 6509 SqFt.

• 1508 Wooster Street is a duplex

- Investment Highlights

1. The subject site is a corner lot of Wooster Street and Cashio Street.

2. One of the best location for investments.

3. Both parceles are zoned LAR3 TOC tier II.

4.Buildable units: 31units: 2 6market units and 5affordable units.

5. Per the most recently recorded parcel map from the Los Angeles

County Assessor's office the lot line along Wooster Street is 19 9.9 9 feet

in length, the lot line along Cashio Street is 132.69 feet in length

6. The three units will be delivered vacant

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Janti Shabani Top Producer Realtor

Mobile:310-490-0902 Office: 310-432-5772DRE #01442399 Jshabani26@sbcglobal.net KW Beverly Hills