EXECUTIVE SUMMARY:

Cushman & Wakefield of California, Inc. as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 388 Rosemead (the “Property”), a premier multifamily development site located at 388 S. Rosemead Blvd., Pasadena, CA 91107.

388 S. Rosemead Boulevard represents the opportunity to build 193 high-end residential units with on-site parking, modern amenities, and ground floor commercial space. The project is conveniently located near the Foothill Freeway, which provides access to downtown Pasadena and Historic Route 66. The site benefits from its proximity to several large retailers, as well as the Kaiser Permanente Pasadena Medical Offices.

The project is well-located to facilitate pedestrian activity and usage of public transit services. The MTA Gold Line Sierra Madre Villa station is located approximately three quarters of a mile north of the project site on N. Halstead Street. The Los Angeles Metropolitan Transportation Authority (“MTA”) bus system is particularly close by. The project is located within walking distance to the bus stops located on S. Rosemead Boulevard, a major arterial traveling north-south.