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10720-10724 MOORPARK ST, TOLUCA LAKE, CA 91602 OFFERING MEMORANDUM - $2,500,000 READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY

READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

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Page 1: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

10720-10724 MOORPARK ST,TOLUCA LAKE, CA 91602

OFFERING MEMORANDUM - $2,500,000

READY TO ISSUE - 10 UNITSDEVELOPMENT OPPORTUNITY

Page 2: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

BRC Advisors is a full service commercial real estate company, headquartered in downtown Los Angeles with additional offices throughout South-ern California, Arizona and Nevada. In addition to its expertise as a Transactional Commercial Real Estate Brokerage, BRC Advisors has considerable success overseeing commercial leasing. Specifical-ly, BRC Advisors holds the distinguished position of First Place for commercial leasing in the City of Beverly Hills. BRC Advisors combines a wealth of brokerage and advisory experience within a strate-gically aligned network of programs. With its dedi-cation to training and innovation, BRC Advisors is competitive in all market conditions and changing circumstances. Our emphasis on value, quality and comprehensive knowledge of the marketplace is critical to our success. BRC Advisors symbolizes this approach and allows individuals to be a part of our acclaimed leadership. That philosophy distin-guishes our achievements, earning us respect and admiration from our peers and clients nationwide.

This information has been secured from sources we believe to reliable, however we make no representation or warranties or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Page 3: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

TABLE OF CONTENTS

SECTION ONE 04

SECTION TWO 10

PROPERTY INFORMATION

EXECUTIVE OVERVIEW

SECTION THREE 16

BUILDING PLANS

Page 4: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

1 .4 MILES AWAY - UNIVERSAL STUDIOS

This information has been secured from sources we believe to reliable, however we make no representation or warranties or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Page 5: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

SEC

TION

1 EXEC

UTIV

E OV

ERV

IEW

Page 6: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

OFFERING SUMMARY

BRC ADVISORS & HUDSON PARTNERS, INC

PROPERTY OVERVIEW

DESCRIPT ION SPECIF ICATION

PRICE:

OWNERSHIP:

BUILDABLE SF:

PRICE/BUILDABLE SF:

LOT SIZE:

PRICE/SF ON LAND:

DEVELOPMENT STATUS:

PROPOSED NO. OF UNITS:

NO. OF STORIES:

ZONING MAX. HEIGHT:

PROPOSED HEIGHT:

ZONING:

DIMENSIONS:

FRONTAGE:

HIGHWAY ACCESS:

TRAFFIC COUNTS:

PROPERTY TYPE:

PROPOSED USE:

APN:

$2,500,000

Fee Simple

12,854 sf

194.49/sf

9,683 sf

$258.18/sf

Ready to Issue Permit

10 Units

3 Stories

45’-0”

33’-6”

LAR3-1

113‘x90’

90’ on Moorpark Street

101,134 & 170 Freeways

23,727 Cars per Day

Commercial/Development

3 Stories Multi-Family Over

2423-016-017

2423-016-018

Page 7: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

PROPERTY PHOTOS

BRC ADVISORS & HUDSON PARTNERS, INC

UNIVERSAL STUDIOS

MOORPARK ST

LANKERSHIM BLVD

Page 8: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

BRC ADVISORS & HUDSON PARTNERS, INC

RENDERING

Page 9: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

RENDERING

BRC ADVISORS & HUDSON PARTNERS, INC

Page 10: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

.

1 MILE AWAY- NOHO ARTS DISTRICT

Page 11: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

SEC

TION

2 PR

OP

ERTY

INFO

RM

ATIO

N

Page 12: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

EXECUTIVE OVERVIEW

PROPERTY OVERVIEW

BRC ADVISORS & HUDSON PARTNERS, INC

Hudson Partners and BRC Advisors are proud to exclusively market a Fully Entitled 10 unit Luxury Apartment Units in Toluca Lake. The total project size in 12,854 sf, with one level subterranean grade parking. The First level fea-tures two executive ground floor units : a 4 bed-room + 3 Bath, 1,800 sf, with a private backyard and a 2 bedroom + 2 bath, 1,500 sf Unit. The second and third floor are all 2 bedroom + 2 baths. These units all are capacious averaging 1,200 sf, all with fitness room access and beau-tiful rooftop views of Universal City Walk.

This project is minutes away from the 101 and 134 freeway, Universal Studios Hollywood / Universal City Walk, Warner Bros. Studios, The Walt Disney Studios and Lakeside Golf Country Club.

Page 13: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

BRC ADVISORS & HUDSON PARTNERS, INC

PLAT MAP

Page 14: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

AERIAL MAP

BRC ADVISORS & HUDSON PARTNERS, INC

Page 15: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

BRC ADVISORS & HUDSON PARTNERS, INC

AERIAL SATELL ITE MAP WITH LOCATION HIGHLIGHTS

SANTA MONICALONG BEACHLONG BEACH

LANKERSHIM BLVD

MOORPARK ST

UNIVERSAL CITYSUBJECT PROPERTY

Page 16: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

.

1 .5 MILES AWAY- RED L INE METRO STATION

Page 17: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

SEC

TION

3 BU

ILDIN

G P

LAN

S

Page 18: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

BUILDING PLANS - OPEN SPACE + LANDSCAPE PLAN

BRC ADVISORS & HUDSON PARTNERS, INC

Page 19: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

PROPERTY PHOTOS

BRC ADVISORS & HUDSON PARTNERS, INC

BUILDING PLANS

GARAGE PLAN GROUND FLOOR PLAN

Page 20: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

BUILDING PLANS

BRC ADVISORS & HUDSON PARTNERS, INC

SECOND FLOOR THIRD FLOOR

Page 21: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

PROPERTY PHOTOS

BRC ADVISORS & HUDSON PARTNERS, INC

BUILDING PLANS - UNIT PLANS

Page 22: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

BUILDING PLANS - UNIT PLANS

BRC ADVISORS & HUDSON PARTNERS, INC

Page 23: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

PROPERTY PHOTOS

BRC ADVISORS & HUDSON PARTNERS, INC

BUILDING PLANS - UNIT PLANS

Page 24: READY TO ISSUE - 10 UNITS DEVELOPMENT OPPORTUNITY...10720-10724 moorpark st, toluca lake, ca 91602 offering memorandum - $2,500,000 ready to issue - 10 units development opportunity

This information has been secured from sources we believe to reliable, however we make no representation or warranties or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

ELIZABETH CLARK SENIOR VICE PRESIDENT

Beverly Hills Office9301 Wilshire Blvd., Suite 206

Beverly Hills, CA 90210310.525.3702 Office

310.740.7283 Cell310.421.4184 Fax

[email protected] BRE: 01811246

JAY MARTINEZ MANAGING PRINCIPAL

Studio City Office11846 Ventura Blvd., Suite 140

Studio City, CA 91604818.699.1603 Office

818.212.3057 Cell310.421.4184 Fax

[email protected] BRE: 01367663