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

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  • 1. 8071 Sepulveda and 8040 Langdon Blvds.CONFIDENTIAL OFFERING MEMORANDUM Van Nuys, Los Angeles 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
  • 2. 8071 Sepulveda Boulevard DisclaimerThis 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 theinformation that prospective investors may need or desire, nor does it purport to provide an accurate summary of the Company or anyof the documents related thereto. No representation is made by Global as to the accuracy or completeness of the informationcontained herein, and nothing contained herein is, or shall be relied on, as a promise or representation as to the future performance ofthe Program. Although the information contained herein is believed to be correct, Global and their employees disclaim any and allliability for representations and warranties, expressed and implied, contained in, or for omissions from, the Memorandum or any otherwritten 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 Companysince the date of preparation of the Memorandum. Analysis and verification of the information contained in the Memorandum is solelythe 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 aninvestment 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 PUBLICRECORD 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 STRICTESTCONFIDENCE, THAT YOU WILL NOT PHOTOCOPY OR DUPLICATE IT, THAT YOU WILL NOT DISCLOSE THE MEMORANDUM OR ANYOF THE CONTENTS TO ANY OTHER ENTITY, EXCEPT THAT THE INFORMATION MAY BE DISCLOSED TO YOUR LEGAL AND FINANCIALCONSULTANTS WHO AGREE TO KEEP SUCH INFORMATION CONFIDENTIAL AND WHO NEED TO KNOW THE INFORMAITION FORPURPOSES OF EVALUATION OF THE PROGRAM, WITHOUT THE PRIOR WRITTEN AUTHORIZATION OF THE COMPANY, AND THATYOU WILL NOT USE THE MEMORANDUM OR ANY OF THE CONTENTS IN ANY FASHION OR MANNER DETRIMENTAL TO THEINTEREST OF THE COMPANY. YOU HEREBY AGREE TO RETURN THE MEMORANDUM TO GLOBAL UPON WRITTEN REQUEST BYGLOBAL.If you have any question, please contact:Aaron Rivani, PrincipalMobile No: 213-200-2890Email: arivani@gidllco.com All Matters contained herein are confidential.
  • 3. 8071 Sepulveda Boulevard The Investment Property location 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 SitePanorama and Van Nuys in theSan Fernando ValleyVan Nuys and Panorama Hills are neighborhoodsin the heart of the San Fernando Valley innorthwestern Los Angeles County. These twosubmarkets contain over 19,000 employers, withhealthcare and education employmentaccounting for the largest shares of jobs. The SanFernando Valley’s proximity to downtown LosAngeles, as well as a number of popular parks,shopping and golf courses in the area makes VanNuys and Panorama City a popular spot forresidents. Los Angeles is located just 25 milessouth. All Matters contained herein are confidential.
  • 4. 8071 Sepulveda Boulevard The Investment General InformationThe Montclair Development Site provides a uniqueopportunity to develop a sizeable multi-family projectwith approximately 3 acres of land on SepulvedaBoulevard, one of the major north/souththoroughfares in the San Fernando Valley.The site consists of 3 parcels (2654-037-026, 027 and2654-039-026), totaling 130,349 square feet (2.992acres). All Matters contained herein are confidential.
  • 5. 8071 Sepulveda Boulevard The Investment Property Profile 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 NoAddress/Legal Information Overlay Zone NoneThomas Brothers Grid PAGE 531 - GRID H2 Other Historic Designations NoneAssessor Parcel No. (APN) 2654037026 Other Historic Survey Information NoneTract TR 11054 Mills Act Contract NoneMap Reference M B 196-6/8 POD - Pedestrian Oriented Districts NoneBlock None CDO - Community Design Overlay NoneLot PT 28 NSO - Neighborhood Stabilization Overlay NoArb (Lot Cut Reference) 2 Streetscape NoMap Sheet 189B145 Sign District No Adaptive Reuse Incentive Area None CRA - Community Redevelopment Agency Pacoima / Panorama City (CD7) Earthquake Disaster Assistance Project All Matters contained herein are confidential.
  • 6. 8071 Sepulveda Boulevard The Investment Property Profile 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 NoAddress/Legal Information Historic Preservation Overlay Zone NoneThomas Brothers Grid PAGE 531 - GRID G2 / H2 Other Historic Designations NoneAssessor Parcel No. (APN) 2654037027 Other Historic Survey Information NoneTract TR 11054 Mills Act Contract NoneMap Reference M B 196-6/8 POD - Pedestrian Oriented Districts NoneBlock None CDO - Community Design Overlay NoneLot PT 40 NSO - Neighborhood Stabilization Overlay NoArb (Lot Cut Reference) 2 Streetscape NoMap Sheet 189B145 Sign District No Adaptive Reuse Incentive Area None CRA - Community Redevelopment Agency Pacoima / Panorama City (CD7) Earthquake Disaster Assistance Project All Matters contained herein are confidential.
  • 7. 8071 Sepulveda Boulevard The Investment Parcel Maps All Matters contained herein are confidential.
  • 8. The Investment Acquisition ProfilePlease call Aaron Rivani for acquisition details.
  • 9. Surrounding Properties Valley Vista Apartment UnitsSiteApartment UnitsHotels / MotelsSenior Housing
  • 10. Aerial Photo and Amenities Development SiteApartment Units Pharmacy Metro Bus Stop SchoolsSenior Apartment Hospital and Metrolink Trains The SiteHousing Medical Centers
  • 11. Comparables
  • 12. Comparables
  • 13. The InvestmentExisting Site Plan
  • 14. The Investment ProposedDevelopment
  • 15. Senior Housing 1of18071 Sepulveda Senior Housing Project SummaryProject 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 sf Lot 67 por ( Triangle piece) 9215.2 sfTotal Site Area 131078.6 sf 3 AcreZoning 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 Area UnitsLot Line Adjustment Lot A 41,167 sf Lot B 40,099 sf Lot C 39,370 sfRequired/Provided Yards Frontyard 15 feet Rearyard 17 feet 5 story high 15 + 2 Sideyard 8 feet 5 story high 5 + 3Required Parking Bldg 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 stalls Bldg C 0.5 Parking/Unit 0.5 103 51.5 stallsProvided Parking Bldg A Ground Floor Parking 58 stalls Bldg B Ground Floor Parking 50 stalls Bldg C Ground Floor Parking 58 stallsResidential Units Studio 1 Bedroom 2 Bedroom Total 480sf 610sf 800sf Bldg A 1st Flr 4 11 3 2nd Flr 13 11 3 3rd Flr 13 13 3 4th Flr 13 13 3 103 Bldg B 1st Flr 4 9 3 2nd Flr 12 10 3 3rd Flr 12 12 3 4th Flr 12 12 3 95 Bldg C 1st Flr 4 10 4 2nd Flr 13 10 4 3rd Flr 13 12 4 4th Flr 13 12 4 103Open Space Reqd Required 1 Br 100 91 9100 Required 2 Br 125 12 1500 Required Total 8480 20% reductionOpen Space Provd Rear & Side yards 1800 Approx Recreation Room 750 4000sf Private Balconies 5000 Approx Courtyard 2200 Approx Provided Total 9750Building Type 1st to 4th floors - Wooden Structure - Type V A - Fire sprinklered Ground floor Parking - Reinf. Concrete Structure - Type I A Fire sprinklered Exterior finish - Conc/Metal Panel/Cement Plaster/ Cement panel Roof - Built up roofing class B Cool roofBuilding Height Maximum for Type III A 60ft from low point in 5 feet perimeter Maximum Story 4 story above parking garage CORBEL Architect Inc 2012-09-07
  • 16. LVD VEDA B SEPUL LOT B 40,099sf LOT A 41,167sf LAN AR KS T LOT C 39,370sf N E AV ON GD LAN SITE PLAN Scale: 1" = 60SEPULVEDA SENIOR HOUSING
  • 17. ST. PARKING LANARK ENTRANCE SEPULVEDA BLVD ELEV. ELEV. LOBBY LOBBY111 N 284 PARKING: STANDARD - 58stalls A PARKING FLOOR 1 SCALE: 1"=20 SEPULVEDA SENIOR HOUSING LOT A
  • 18. 9 0" 1BED 1BED 1BED 1BED 1BED 1BED 2BED 1BED POOL & BBQ DECK S AMENITY AMENITY S 99 7 3/4" 1470sf 1450sf S S COMMUNITY ROOM 2BED 1BED 1BED 2200sf 1BED 1BED 2BED 18 0" 15 0" 9 0" N 257 2 1/4" 2 BED RM - 3units 1 BED RM - 11units A 1st FLOOR STUDIO - 4units 2 SCALE: 1"=20SEPULVEDA SENIOR HOUSING LOT A
  • 19. 1BED 1BED 1BED 1BED 1BED 1BED 2BED 2BED S S S S S S S S 2BED 1BED 1BED S S S S S 1BED 1BED 2BED 2 BED RM - 3units 1 BED RM - 11units A 2nd FLOOR STUDIO - 13units 3 SCALE: 1"=20SEPULVEDA SENIOR HOUSING LOT A
  • 20. 1BED 1BED 1BED 1BED 1BED 1BED 1BED 1BED 2BED 2BED S S S S S S S S 2BED 1BED 1BED S S S S S 1BED 1BED 2BED 2 BED RM - 3 units x 2 = 6units 1 BED RM - 13 units x 2 = 26units 3rd~4th FLOOR A STUDIO - 3 units x 2 = 6units 4 SCALE: 1"=20SEPULVEDA SENIOR HOUSING LOT A
  • 21. 284 9 0" PARKING 29 ENTRANCE ELEV. ELEV. LOBBY LOBBY SEPULVEDA BLVD82.65 15 1/2" 18 0" N 9 0" 279.75 B PARKING FLOOR PARKING: STANDARD - 50stalls 1 SCALE: 1"=20SEPULVEDA SENIOR HOUSING LOT B
  • 22. 241 3" 1BED 1BED 1BED 1BED 1BED 2BED 1BED POOL & BBQ DECK S AMENITY AMENITY S 99 7 3/4" 1620sf 820sf S S COMMUNITY ROOM 2BED 1BED 1BED 2350sf 1BED 2BED N 2 BED RM - 3units 1 BED RM - 9 units B 1st FLOOR STUDIO - 4 units 2 SCALE: 1"=20SEPULVEDA SENIOR HOUSING LOT B
  • 23. 1BED 1BED 1BED 1BED 1BED 2BED 2BED S S S S S S S S 2BED 1BED 1BED S S S S 1BED 1BED 2BED 2 BED RM - 3 units 1 BED RM - 10 units B 2nd FLOOR STUDIO - 12 units 3 SCALE: 1"=20SEPULVEDA SENIOR HOUSING LOT B
  • 24. 1BED 1BED 1BED 1BED 1BED 1BED 1BED 2BED 1BED S S S S S S S S 2BED 1BED 1BED S S S S 1BED 1BED 2BED 2 BED RM - 3 units x 2 = 6units 1 BED RM - 10units x 2 = 20units B 3rd~4th FLOOR STUDIO - 12 units x 2 = 24units 4 SCALE: 1"=20SEPULVEDA SENIOR HOUSING LOT B
  • 25. PARKING LANARK ST. ENTRANCE 9 0" ELEV. ELEV. LOBBY LOBBYLANGDON AVE. 166.54 20 5 1/4" 18 0" 9 0" 297.27 N PARKING: STANDARD - 58stalls C PARKING FLOOR 1 SCALE: 1"=20 SEPULVEDA SENIOR HOUSING LOT C
  • 26. 2BED 1BED 1BED 1BED 1BED 1BED 1BED 2BED POOL & BBQ DECK S AMENITY AMENITY S99 7 3/4" 1470sf 1450sf S S COMMUNITY ROOM 2BED 1BED 1BED 2200sf 1BED 1BED 2BED 257 5 3/4" 2 BED RM - 4 units 1 BED RM - 10 units STUDIO - 4 units C 1st FLOOR 2 SCALE: 1"=20 SEPULVEDA SENIOR HOUSING LOT C
  • 27. 2BED 1BED 1BED 1BED 1BED 1BED 1BED 2BED S S S S S S S S 2BED 1BED 1BED S S S S S 1BED 1BED 2BED 2 BED RM - 4 units 1 BED RM - 10 units 2nd FLOOR C STUDIO - 13 units 3 SCALE: 1"=20SEPULVEDA SENIOR HOUSING LOT C
  • 28. 2BED 1BED 1BED 1BED 1BED 1BED 1BED 1BED 1BED 2BED S S S S S S S S 2BED 1BED 1BED S S S S S 1BED 1BED 2BED 2 BED RM - 4 units x 2 = 8units 1 BED RM - 12units x 2 = 24units C 3rd~4th FLOOR STUDIO - 13 units x 2 = 26units 4 SCALE: 1"=20SEPULVEDA SENIOR HOUSING LOT C