668 S Rampart Blvd Los Angeles, CA 90057

1 Property Overview

2 Comparables

3 Financial Analysis

4 Demographics & Trends

Table of Contents

668 S Rampart Blvd Los Angeles, CA 90057

Property Overview

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668 S Rampart Blvd Los Angeles, CA 90057

Rosano Partners is pleased to offer a historic, 44 unit apartment building of 22,140

SF on the Korea Town/Westlake border along Wilshire Blvd. The property stands 5

floors tall, includes a laundry room, and the classic brick facade has a freshly-

painted first floor exterior. Tenants have convenient access to Bus Stop 481, a

half-block to the North and Metro Rapid Station 720, one half-mile East.

List Price $3,595,000

Bldg Footage 22,140 SF

Price/SF $162.38

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Price/Unit $81,705

Submarket Westlake MF

Lot Footage 6,011 SF

Property Overview

668 S Rampart Blvd Los Angeles, CA 90057

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668 S Rampart Blvd is situated just South of Wilshire Blvd, two blocks East of Hoover St. The

property is a block South of La Fayette Park, just minutes from DTLA with convenient access to

Hollywood and the 10 Fwy. The 1 mile population growth is 4.61% from 2013-14, a near 1.5%

higher than the county of Los Angeles as a whole. Rent-to-own ratios favor apartment investors,

with 96% of the 1 mi. population renting.

Location Overview

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668 S Rampart Blvd Los Angeles, CA 90057

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Location /Market Overview

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Mixed Use: Hotel/Apartment/Retail

Jenji Kohen (“Weeds” & “Orange is the New Black”)

Renovating Hayworth Theatre

411 Units – 43,800 SF Retail

96 Unit Luxury Condos

Summit On 6th

Wilshire Coronado

154 Unit Luxury Condos, ~8,500 SF Retail

Nearby Developments

The Nest

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668 S Rampart Blvd Los Angeles, CA 90057

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Additional Photos

668 S Rampart Blvd Los Angeles, CA 90057

Comparables

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668 S Rampart Blvd Los Angeles, CA 90057

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Sales Comparables - Overview

S. No Address Sale Price Price/Unit

1 681 Shatto Pl $3,150,000 $105,000

2 625 S Burlington Ave $3,425,000 $71,354

3 2810 Leeward Ave $2,650,000 $73,611

4 812 S Westlake Ave $2,755,000 $68,875

$105,000

$71,354 $73,611 $68,875 $79,710

681 Shatto Pl 625 S Burlington

Ave

2810 Leeward Ave 812 S Westlake Ave Average

Price/Unit

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2

3

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668 S Rampart Blvd Los Angeles, CA 90057

Sales Comparable 1 681 Shatto Pl

Los Angeles, CA 90005

Closing Date 07/22/2014

Building Footage 24,642 SF

Sale Price $3,150,000 Price/SF $127.83

# of Units 24 (0+1), 6 (1+1) Price/Unit $105,000

Year Built 1923 Submarket Koreatown MF

Notes

•Close to Subject

•Sold as 5.0% Cap

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668 S Rampart Blvd Los Angeles, CA 90057

Sales Comparable 2 625 S Burlington Ave

Los Angeles, CA 90057

Closing Date 03/07/2014

Building Footage 23,480 SF

Sale Price $3,425,000 Price/SF $145.87

# of Units 40 (0+1), 8 (1+1) Price/Unit $71,354

Year Built 1928 Submarket Westlake MF

Notes

•Inferior location to Subject

•Poor visibility, Sloped street

•Sold as 5.96% Cap

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668 S Rampart Blvd Los Angeles, CA 90057

Sales Comparable 3 2810 Leeward Ave

Los Angeles, CA 90005

Closing Date 10/29/2013

Building Footage 19,776 SF

Sale Price $2,650,000 Price/SF $134.00

# of Units 30 (0+1), 6 (1+1) Price/Unit $73,611

Year Built 1923 Submarket Koreatown MF

Notes

• Inferior location to Subject

• Sold as 6.22% Cap

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668 S Rampart Blvd Los Angeles, CA 90057

Sales Comparable 4 812 S Westlake Ave

Los Angeles, CA 90057

Closing Date 09/17/2013

Building Footage 23,040 SF

Sale Price $2,755,000 Price/SF $119.57

# of Units 32 (0+1), 8 (1+1) Price/Unit $68,875

Year Built 1927 Submarket Westlake MF

Notes

•Inferior location and physical

condition than Subject

•Sold as 6.25% Real Cap

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668 S Rampart Blvd Los Angeles, CA 90057

Financial Analysis

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668 S Rampart Blvd Los Angeles, CA 90057

Financial Analysis

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668 S Rampart Blvd Los Angeles, CA 90057

Rent Roll

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668 S Rampart Blvd Los Angeles, CA 90057

Demographics & Trends

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668 S Rampart Blvd Los Angeles, CA 90057

Demographic Report

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668 S Rampart Blvd Los Angeles, CA 90057

Traffic Count

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668 S Rampart Blvd Los Angeles, CA 90057

Demographic Comparison Report

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668 S Rampart Blvd Los Angeles, CA 90057

Rosano Partners

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Commercial Real Estate, Redefined. At Rosano Partners we’re a diverse

group of seasoned professionals redefining the commercial brokerage

landscape. With our collaborative team environment and an advanced

proprietary software system, RP is ushering in a new wave innovation for our

clients. RP aims to offer the finest commercial property acquisition and

disposition services. We offer a unique blend of experience and expertise that

will help you maximize your returns, increase your wealth, solidify your financial

security, reposition your real estate assets and manage your acquisitions

No more country clubs deals—we’re making commercial real estate accessible

to our current and future clientele. At Rosano Partners, we believe investing

shouldn’t be confined to a specific sector or group. By connecting different

ethnicities and respecting the diversity of the investment community, Rosano

Partners seeks to redefine the commercial real estate industry. Transformation

through Transactions.

The Future of Investing

668 S Rampart Blvd Los Angeles, CA 90057

Presented By:

700 S. Flower St.

Suite 2920

Los Angeles, CA 90017

Tel: 213.802.0300

Rosanopartners.com

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