Page 16 - GSP_Residences_at_Linden_OM_Equity

THE

COMPARABLES

SALES
Property Address Submarket Year Built Year Rennovated Units Sale Price $/Unit Sale Date

Avalon Venice on Rose 512 Rose Ave Venice 2012 - 70 $56,200,000 $802,857 Sep-12
Stella 13488 Maxella Ave Marina del Rey 2013 - 244 $167,319,000 $685,734 Nov-13
The Current 707 E Ocean Blvd Long Beach 2016 - 223 $132,850,000 $595,740 Jul-17

Crescent Park at Playa Vista 5710 Crescent Park E South Bay 2003 2020 214 $117,500,000 $549,065 Sep-18
The Citizen on Anza 23817 Anza Ave South Bay 1962 2020 239 $126,200,000 $528,033 Dec-19
Average -- -- 198 $120,013,800 $606,130 --
Residences at Linden 125-135 Linden Ave Long Beach 2023 82 $49,950,000 $609,146

LEASE
Property Address Submarket Year Built Units One Bedroom Two Bedroom

SF Rent $/SF SF Rent $/SF
The Edison 100 Long Beach Blvd Long Beach 2016 156 660 $2,216 $3.36 1,000 $3,060 $3.06
The Current 707 E Ocean Blvd Long Beach 2016 223 737 $2,235 $3.03 1,128 $3,335 $2.96
1900 Ocean 1900 E Ocean Blvd Long Beach 1969 254 785 $3,158 $4.02 980 $2,980 $3.04

The Crest 207 E Seaside Way Long Beach 2019 112 696 $2,510 $3.61 936 $2,988 $3.19
442 Residences 442 W Ocean Blvd Long Beach 2019 94 710 $2,579 $3.63 985 $3,542 $3.60
Average -- -- 2008 168 718 $2,540 $3.54 1,006 $3,181 $3.16

Residences at Linden 125-135 Linden Ave Long Beach 2023 82 702 $2,502 $3.56 905 $2,929 $3.24

16 | RESIDENCES AT LINDEN