Coldwater Canyon Apartments
1600 W. Carson Street - Torrance CA

This property is located in the best area of the San Fernando Valley, Studio City. Convenient access to the Valley, Downtown, and the Westside is provided via the 134 Freeway to the North, and Ventura Boulevard to the South. Equally important, all the major studios - Disney, Universal, and Warner Brothers - are located in or near Studio City. This is the ideal job environment for upscale renters willing and able to pay for the improvements we envision. Coldwater Canyon Avenue itself is a heavily traveled artery, which provides both high traffic and high visibility. [All units bordering Coldwater Canyon are improved with double-paned windows.] The ability to effectively and economically attract drive-by renters is one of the inherent assets of this prime property.

Each of the twenty apartment units is designed as a double master (2BR - 2BA), and all are well above average in square footage. The units range from 1,250 to 1,300 sq. ft. in size, which compares very favorably with the area average of 950-1,050 sq. ft. for the standard two-bedroom apartment.

The parking compliment is quite generous with two stalls per unit. All units feature balconies; ground floor units provide extra large patio areas. Additional amenities include fireplaces, microwaves, and dishwashers. The combination of unit size, two parking stalls/unit, and full amenity package causes us to regard these apartments as 'close to condominium quality'. When updated and enhanced, we fully expect to command rents commensurate with the highest quality complexes in the area.

	Address	4432 Coldwater Canyon
	Location	Studio City (San Fernando Valley)
	No. of Units	20 Apartments
	Unit Mix	20	2 BR – 2 BA 1 150 Sq. Ft. – 1,350 Sq. Ft.
	Rental Range	2 + 2	$1,664.20
	Amenities	Fireplaces, Extra Large Units, Dishwashers, Microwaves, Generous Parking, Roof Deck.
	Year of Construction	1986
	Position	B project in improving A+ Location
	Building Rentable SF	24,832