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C O N F I D E N T I A L O F F E R I N G M E M O R A N D U M A Land Development Company 3470 Wilshire Blvd., Suite 1020, Los Angeles, CA 90010 I Tel: 213-365-005 Fax: 213-365-0405 I www.gidllco.com 8071 Sepulveda and 8040 Langdon Blvds . Van Nuys, Los Angeles

8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA - Complete package

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Page 1: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

C O N F I D E N T I A L O F F E R I N G M E M O R A N D U M

A Land Development Company

3470 Wilshire Blvd., Suite 1020, Los Angeles, CA 90010 I Tel: 213-365-005 Fax: 213-365-0405 I www.gidllco.com

80

71 Se

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80

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Page 2: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

This Confidential Offering Memorandum (the “Memorandum”) has been prepared by Global Investment & Development, LLC (the

“Company”) for distribution to a limited number of parties and does not necessarily purport to be all-inclusive or to contain all of the

information that prospective investors may need or desire, nor does it purport to provide an accurate summary of the Company or any

of the documents related thereto. No representation is made by Global as to the accuracy or completeness of the information

contained herein, and nothing contained herein is, or shall be relied on, as a promise or representation as to the future performance of

the Program. Although the information contained herein is believed to be correct, Global and their employees disclaim any and all

liability for representations and warranties, expressed and implied, contained in, or for omissions from, the Memorandum or any other

written or oral communication transmitted or made available to the recipient.

The Memorandum does not constitute a representation that there has not been a change in the business or affairs of the Company

since the date of preparation of the Memorandum. Analysis and verification of the information contained in the Memorandum is solely

the responsibility of the prospective investor.

The Company expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or offers regarding an

investment in the Program and /or terminate discussions with any entity at any time with or without notice or without any liability.

THIS CONFIDENTIAL OFFERING MEMORANDUM AND THE CONTENTS, EXCEPT SUCH INFORMATION WHICH IS A MATTER OF PUBLIC

RECORD OR IS PROVIDED IN SOURCES AVAILABLE TO THE PUBLIC, ARE OF A CONFIDENTIAL NATURE.

BY ACCEPTING THE CONFIDENTIAL OFFERING MEMORANDUM, YOU AGREE THAT YOU WILL HOLD AND TREAT IT IN THE STRICTEST

CONFIDENCE, THAT YOU WILL NOT PHOTOCOPY OR DUPLICATE IT, THAT YOU WILL NOT DISCLOSE THE MEMORANDUM OR ANY

OF THE CONTENTS TO ANY OTHER ENTITY, EXCEPT THAT THE INFORMATION MAY BE DISCLOSED TO YOUR LEGAL AND FINANCIAL

CONSULTANTS WHO AGREE TO KEEP SUCH INFORMATION CONFIDENTIAL AND WHO NEED TO KNOW THE INFORMAITION FOR

PURPOSES OF EVALUATION OF THE PROGRAM, WITHOUT THE PRIOR WRITTEN AUTHORIZATION OF THE COMPANY, AND THAT

YOU WILL NOT USE THE MEMORANDUM OR ANY OF THE CONTENTS IN ANY FASHION OR MANNER DETRIMENTAL TO THE

INTEREST OF THE COMPANY. YOU HEREBY AGREE TO RETURN THE MEMORANDUM TO GLOBAL UPON WRITTEN REQUEST BY

GLOBAL.

If you have any question, please contact:

Aaron Rivani, Principal

Mobile No: 213-200-2890

Email: [email protected]

All Matters contained herein are confidential.

8071 Sepulveda Boulevard Disclaimer

Page 3: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

All Matters contained herein are confidential.

8071 Sepulveda Boulevard The Investment

The property is located in 8071 Sepulveda Boulevard and 8040

Langdon Avenue (3 parcels between Sepulveda Boulevard and Langdon

Avenue) of the San Fernando Valley’s Van Nuys District. Prime

Development Site Located on Sepulveda Boulevard - The Major North-

South Artery of San Fernando Valley. Adjacent to 405 Freeway wherein

access to the region is available by Interstates 5 and 405, as well as

Highway 101 and 118 providing access to all Employment Centers in

San Fernando Valley and Greater Los Angeles.

Development

Site

Panorama and Van Nuys in the

San Fernando Valley

Van Nuys and Panorama Hills are neighborhoods

in the heart of the San Fernando Valley in

northwestern Los Angeles County. These two

submarkets contain over 19,000 employers, with

healthcare and education employment

accounting for the largest shares of jobs. The San

Fernando Valley’s proximity to downtown Los

Angeles, as well as a number of popular parks,

shopping and golf courses in the area makes Van

Nuys and Panorama City a popular spot for

residents. Los Angeles is located just 25 miles

south.

Property location

Page 4: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

All Matters contained herein are confidential.

8071 Sepulveda Boulevard The Investment

General Information

The Montclair Development Site provides a unique

opportunity to develop a sizeable multi-family project

with approximately 3 acres of land on Sepulveda

Boulevard, one of the major north/south

thoroughfares in the San Fernando Valley.

The site consists of 3 parcels (2654-037-026, 027 and

2654-039-026), totaling 130,349 square feet (2.992

acres).

Page 5: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

All Matters contained herein are confidential.

8071 Sepulveda Boulevard The Investment

Jurisdictional Information Community Plan Area Reseda - West Van Nuys Area Planning Commission South Valley Neighborhood Council North Hills East Council District CD 6 - Tony Cardenas Census Tract # 1275.20 LADBS District Office Van Nuys

Planning and Zoning Information Zoning R4-1 Zoning Information (ZI) None General Plan Land Use High Medium Residential General Plan Footnote(s) Yes Hillside Area (Zoning Code) No Baseline Hillside Ordinance No Baseline Mansionization Ordinance No Specific Plan Area None Special Land Use / Zoning None Design Review Board No Historic Preservation Review Historic Preservation No Overlay Zone None Other Historic Designations None Other Historic Survey Information None Mills Act Contract None POD - Pedestrian Oriented Districts None CDO - Community Design Overlay None NSO - Neighborhood Stabilization Overlay No Streetscape No Sign District No Adaptive Reuse Incentive Area None CRA - Community Redevelopment Agency Pacoima / Panorama City (CD7) Earthquake Disaster Assistance Project

Address/Legal Information Thomas Brothers Grid PAGE 531 - GRID H2 Assessor Parcel No. (APN) 2654037026 Tract TR 11054 Map Reference M B 196-6/8 Block None Lot PT 28 Arb (Lot Cut Reference) 2 Map Sheet 189B145

Property Profile

Page 6: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

All Matters contained herein are confidential.

8071 Sepulveda Boulevard The Investment

Jurisdictional Information Community Plan Area Reseda - West Van Nuys Area Planning Commission South Valley Neighborhood Council North Hills East Council District CD 6 - Tony Cardenas Census Tract # 1275.20 LADBS District Office Van Nuys

Planning and Zoning Information Zoning RA-1 Zoning Information (ZI) None General Plan Land Use Medium Residential General Plan Footnote(s) Yes Hillside Area (Zoning Code) No Baseline Hillside Ordinance No Baseline Mansionization Ordinance Yes Specific Plan Area None Special Land Use / Zoning None Design Review Board No Historic Preservation Review No Historic Preservation Overlay Zone None Other Historic Designations None Other Historic Survey Information None Mills Act Contract None POD - Pedestrian Oriented Districts None CDO - Community Design Overlay None NSO - Neighborhood Stabilization Overlay No Streetscape No Sign District No Adaptive Reuse Incentive Area None CRA - Community Redevelopment Agency Pacoima / Panorama City (CD7) Earthquake Disaster Assistance Project

Address/Legal Information Thomas Brothers Grid PAGE 531 - GRID G2 / H2 Assessor Parcel No. (APN) 2654037027 Tract TR 11054 Map Reference M B 196-6/8 Block None Lot PT 40 Arb (Lot Cut Reference) 2 Map Sheet 189B145

Property Profile

Page 7: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

All Matters contained herein are confidential.

8071 Sepulveda Boulevard The Investment

Parcel Maps

Page 8: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

Acquisition Profile

The Investment

Please call Aaron Rivani for acquisition details.

Page 9: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

Valley Vista Apartment Units

Surrounding Properties

Apartment Units

Hotels / Motels

Senior Housing

Site

Page 10: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

Apartment Units

Senior Apartment Housing

Pharmacy Metro Bus Stop

Hospital and Medical Centers

Schools

Metrolink Trains

Development Site

Aerial Photo and Amenities

The Site

Page 11: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

Comparables

Page 12: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

Comparables

Page 13: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

The Investment

Existing Site Plan

Page 14: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

The Investment

Proposed

Development

Page 15: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package
Page 16: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

Senior Housing 1of1

8071 Sepulveda Senior Housing Project Summary

Project Description Low Income Senior Rental ApartmentsAddress 8071 Sepulveda Boluevard Los AngelesParcel Description Lot 28 por, 29, 30, 31 (Tied) 82189.9 sf

Lot 40 por, 39 (Tied) 39673.5 sfLot 67 por ( Triangle piece) 9215.2 sf

Total Site Area 131078.6 sf 3 Acre

Zoning R4-1 Lot 28 por, 29, 30, 31 (Tied)Zoning RA-1 Lot 40 por, 39 (Tied)Zoning RA-1 Lot 67 por ( Triangle piece) No building proposedZoning Limit ( R4-1) Zoning Changes from RA-1 to R4-1 Applied

Max. Height No LimitMax Density Max. Floor Area 393235.8 sf 3:1 FAR

Max Units 326 units 400sf site area/Unit

Density Bonus 114 units(Not Included) 35%

Proposed Density AreaUnits

Lot Line AdjustmentLot A 41,167 sfLot B 40,099 sfLot C 39,370 sf

Required/Provided Yards Frontyard 15 feet Rearyard 17 feet 5 story high 15' + 2'Sideyard 8 feet 5 story high 5' + 3'

Required ParkingBldg A 0.5 Parking/Unit 0.5 103 51.5 stalls Low Income Senior

Bldg B 0.5 Parking/Unit 0.5 95 47.5 stallsBldg C 0.5 Parking/Unit 0.5 103 51.5 stalls

Provided ParkingBldg A Ground Floor Parking 58 stallsBldg B Ground Floor Parking 50 stallsBldg C Ground Floor Parking 58 stalls

Residential Units Studio 1 Bedroom 2 Bedroom Total480sf 610sf 800sf

Bldg A 1st Flr 4 11 32nd Flr 13 11 33rd Flr 13 13 34th Flr 13 13 3 103

Bldg B 1st Flr 4 9 32nd Flr 12 10 33rd Flr 12 12 34th Flr 12 12 3 95

Bldg C 1st Flr 4 10 42nd Flr 13 10 43rd Flr 13 12 44th Flr 13 12 4 103

Open Space Reqd Required 1 Br 100 91 9100Required 2 Br 125 12 1500

Required Total 8480 20% reduction

Open Space Provd Rear & Side yards 1800 Approx

Recreation Room 750 4000sf

Private Balconies 5000 Approx

Courtyard 2200 Approx

Provided Total 9750

Building Type 1st to 4th floors - Wooden Structure - Type V A - Fire sprinklered Ground floor Parking - Reinf. Concrete Structure - Type I A Fire sprinkleredExterior finish - Conc/Metal Panel/Cement Plaster/ Cement panel Roof - Built up roofing class B Cool roof

Building Height Maximum for Type III A 60ft from low point in 5 feet perimeterMaximum Story 4 story above parking garage

CORBEL Architect Inc 2012-09-07

Page 17: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package
Page 18: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package
Page 19: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package
Page 20: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package
Page 21: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

SEPULVEDA SENIOR HOUSING

SITE PLANScale: 1" = 60'

LOT A41,167sf

LOT B40,099sf

LOT C39,370sf

SEPULVEDA BLVD

LANARK ST

LANGDON AVE

N

Page 22: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

SEPULVEDA SENIOR HOUSING

PARKING FLOORSCALE: 1"=20'

A1

LOT A

PARKING: STANDARD - 58stalls

LANARK ST.

SEPULVED

A BLVD

N

284

111

ELEV.LOBBY

ELEV.LOBBY

PARKINGENTRANCE

Page 23: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

SEPULVEDA SENIOR HOUSING

1st FLOORSCALE: 1"=20'

A2

LOT A

18' 0"15' 0"

9' 0"

AMENITY1470sf

COMMUNITY ROOM2200sf

AMENITY1450sf

POOL &BBQ DECK

1BED 1BED 1BED 1BED 1BED 1BED 2BED

2BED1BED1BED

S

S

1BED1BED2BED

S

S

1BED

2 BED RM - 3units1 BED RM - 11unitsSTUDIO - 4units

N

99' 7

3/4

"

9' 0

"

257' 2 1/4"

Page 24: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

SEPULVEDA SENIOR HOUSING LOT A

1BED 1BED 1BED 1BED 1BED 2BED

2BED1BED1BED

S

S

1BED1BED2BED

S

S

2BED

1BED

S

S

S

S

S S S S

2 BED RM - 3units1 BED RM - 11unitsSTUDIO - 13units

S

2nd FLOORSCALE: 1"=20'

A3

Page 25: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

SEPULVEDA SENIOR HOUSING

3rd~4th FLOORSCALE: 1"=20'

A4

LOT A

1BED 1BED 1BED 1BED 1BED 2BED

2BED1BED1BED

S

S

1BED1BED2BED

S

S

2BED

1BED

S

S

S

S

S S S SS

1BED 1BED

2 BED RM - 3 units x 2 = 6units1 BED RM - 13 units x 2 = 26unitsSTUDIO - 3 units x 2 = 6units

Page 26: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

SEPULVEDA SENIOR HOUSING

PARKING FLOORSCALE: 1"=20'

B1

LOT B

PARKING: STANDARD - 50stalls

SEPULVED

A BLVD

N

ELEV.LOBBY

PARKINGENTRANCE

ELEV.LOBBY

279.75

9' 0

"

15' 1/2"

18' 0"

9' 0"

284

82.6

5

29'

Page 27: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

SEPULVEDA SENIOR HOUSING

1st FLOORSCALE: 1"=20'

B2

LOT B

AMENITY1620sf

COMMUNITY ROOM2350sf

AMENITY820sf

POOL &BBQ DECK

1BED 1BED 1BED 1BED 1BED 2BED

2BED1BED

S

S

1BED1BED2BED

S

S

2 BED RM - 3units1 BED RM - 9 unitsSTUDIO - 4 units

N

1BED

241' 3"

99' 7

3/4

"

Page 28: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

SEPULVEDA SENIOR HOUSING

2nd FLOORSCALE: 1"=20'

B3

LOT B

1BED 1BED 1BED 1BED 2BED

2BED1BED1BED

S

S

1BED1BED2BED

S

S

2BED

1BED

S

S

S

S

S S SS

2 BED RM - 3 units1 BED RM - 10 unitsSTUDIO - 12 units

Page 29: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

SEPULVEDA SENIOR HOUSING

3rd~4th FLOORSCALE: 1"=20'

B4

LOT B

2 BED RM - 3 units x 2 = 6units1 BED RM - 10units x 2 = 20unitsSTUDIO - 12 units x 2 = 24units

1BED 1BED 1BED 1BED 2BED

2BED1BED1BED

S

S

1BED1BED2BED

S

S

1BED

1BED

S

S

S

S

S S SS

1BED 1BED

Page 30: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

SEPULVEDA SENIOR HOUSING

PARKING FLOORSCALE: 1"=20'

C1

LOT C

PARKING: STANDARD - 58stalls

LANARK ST.

ELEV.LOBBY

PARKINGENTRANCE

LAN

GD

ON

AVE.

ELEV.LOBBY

N

9' 0

"

9' 0"

20' 5 1/4"

18' 0"

297.27

166.

54

CORBeL-09
Line
Page 31: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

SEPULVEDA SENIOR HOUSING

1st FLOORSCALE: 1"=20'

C2

LOT C

AMENITY1470sf

COMMUNITY ROOM2200sf

AMENITY1450sf

POOL &BBQ DECK

1BED 1BED 1BED 1BED 1BED 1BED 2BED

2BED1BED1BED

S

S

1BED1BED2BED

S

S

2BED

2 BED RM - 4 units1 BED RM - 10 unitsSTUDIO - 4 units

99' 7

3/4

"

257' 5 3/4"

CORBeL-09
Line
Page 32: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

SEPULVEDA SENIOR HOUSING

2nd FLOORSCALE: 1"=20'

C3

LOT C

1BED 1BED 1BED 1BED 1BED 1BED 2BED

2BED1BED1BED

S

S

1BED1BED2BED

S

S

2BED

S

S

S S S S S

S

S

2 BED RM - 4 units1 BED RM - 10 unitsSTUDIO - 13 units

Page 33: 8071 Sepulveda blvd. and 8040 Langdon Avenue, Van Nuys, CA -  Complete package

SEPULVEDA SENIOR HOUSING

3rd~4th FLOORSCALE: 1"=20'

C4

LOT C

1BED 1BED 1BED 1BED 1BED 1BED 2BED

2BED1BED1BED

S

S

1BED1BED2BED

S

S

2BED

S

S

S S S S S

S

S

1BED1BED

2 BED RM - 4 units x 2 = 8units1 BED RM - 12units x 2 = 24unitsSTUDIO - 13 units x 2 = 26units