95% LEASED HIGH IMAGE PROFESSIONAL BUILDING WITH STABLE CASH FLOW AND HUGE UPSIDE - SHERMAN OAKS ADJACENT * Rare opportunity to acquire high yielding asset at a historically low basis with stable cash flow and huge upside as rents rebound - Immediately adjacent to the premier Sherman Oaks submarket. * Rents have been reset to maintain occupancy and are on average 16% below competing properties. Further, rents rolling in the first year of the hold are approximately 27% below market, making it easy to maintain current occupancy against competing buildings and move upward as office market recovers. * Ability to accommodate uses such as medical that would ordinarily require higher parking as the Property is within one-half mile of a major transit stop (qualifies under AB 2097). DIVERSIFIED RENT ROLL WITH STABLE CASH FLOW * With the average tenant occupying only ±3% of the building, and the largest tenant less than ±10% of the building, the asset provides stable cash flow and limited exposure to a large vacancy in the future. * The Property’s small suites, averaging 1,900 SF, lease up quickly and require limited tenant improvements further supporting below the line cash flow. COMPELLING OPTION FOR SMALL TO MEDIUM SIZED TENANTS * The property is thoughtfully designed to accommodate smaller to medium sized tenants with floorplates that minimize wasted space and maximize window line. It also offers ample surface and elevator served subterranean parking, electric vehicle charging stations, and a convenient on-site café. * The highly visible professional building benefits from over 200 linear feet of frontage along Sepulveda Boulevard with more than 43K vehicles passing the property each day. STRATEGIC SAN FERNANDO VALLEY LOCATION WITH STRONG DEMOGRAPHICS * Central location for the enormous population base (4.25 million) that resides in the north Los Angeles region, and a reverse commute for employees commuting from West LA and the greater Los Angeles basin. * The Property offers immediate access to the 405 and 101 freeways, along with a short walking distance to the nearby Metro Orange Line offering traffic-free access for over 2M residents in the SFV.