Strategic Legacy Investment Group, Inc. has accomplished a lot in the past three years. We have created a well-diversified portfolio that has out-performed traditional investment options, resulting in secure and profitable returns. Our current portfolio carries about $206M of real estate assets in office, multifamily, and senior living spaces. Here’s a quick glance at our report card as of May 2017; following will outline our sold, completed, and in progress status of different projects.
Knowlton Luxury Residences
A new three-story 36-unit luxury multifamily development acquired in December 2014 with an estimated project value of $17,717,000, located at 6944 Knowlton Place, in the heart of Ladera Heights. This project is a gem, as our Sr. Vice President Mr. Emanuel Sabet says. The growth in the area from the LAX expansion plans to other new and rehab developments in the close vicinity is set to expect a whopping 161.26%* return to investors within a development time of 3 years and 10-months.
LA Mirada @ Central Park
The LA Mirada project, located at 5608 La Mirada Ave. Los Angeles, CA 90038, is a very unique and modern brand new development that was introduced in August 2015. This 4-year-long project is a luxury complex home to 13 new smart apartment homes – which are within walking distance to the upcoming Hollywood Central Park, located in Hollywood, CA. With an estimated project value of $7M, La Mirada will earn its investors a 44.07% return, along with a 5.64% guaranteed annual payout during its development.
Barton Estates @ Central Park
Barton Estate is one of SLIG and its investor’s favorite projects. This is a $7M Sub-Division brand new development, located at 5455 Barton Ave. in Hollywood. Each of the 8 homes are equipped with smart technology systems, luxurious rooftops, and views of Hollywood. This “Growth” strategy investment has an estimated 41.96% return to investor in 3 years and 4 months. About 75% of this project was funded through Self-Directed IRAs.
Downtown Executive Multiplex
Downtown Executive Multiplex is home to SLIG’s headquarters, located at 221 E. 12th St. in the heart of Downtown Los Angeles. The investment started in October 2015 with a seven-year strategy, earning its investors a 7.01% tax free return per annum and a 101.18% return on investment. The 4-story 29,654 SF building, formerly known as the Santee Center, was originally built in 1989, and up until now, contained a mix of discount retail on the ground floor with light manufacturing and storage space above. We took the building and re-characterized it into a modern, presentable, classy, and creative high-end retail and office space.
The Reality @ Tamarind South
The Reality @ Tamarind South is one of SLIG’s favorite development projects. Located at 1310 Tamarind Ave. in the heart of Hollywood, it is walking distance to Bronson Studios, KTLA 5, Netflix, and the Emerson College. This gem is going to be home to some lucky renters. Equipped with state of the art technologically advanced amenities, such as a lounge room and rooftop, this investment will bring a fresh breath to the already growing development mix in the area. Tamarind South is a 2-year 10-month long project, consisting of 32 luxury apartment homes, estimated at a $22,052,046 project value with 45.26% return to investors, and a 4.51% guaranteed tax free return per annum.
The Reality @ Tamarind North
After acquiring the Reality @ Tamarind South, SLIG was able to negotiate two more lots to create a sister development project with 21 units, offering smart luxury apartment homes called “The Reality @ Tamarind North,” located at 1432 Tamarind Ave in Los Angeles. This project also shares similar characteristics with its counterpart, “South,” and has a duration of a 2 years and 10 months’ investment timeline. North is equipped with amenities such as pool and electric vehicle plug in chargers, as well as modern and luxury units. Tamarind North is estimated at a $14M value, funded mostly with retirement plans. It is expected to earn its investors a 46.01% return.
Diamond Living Estates
For SLIG, investments are not just about today. We are hardcore believers that strategizing and effectively breaking into new markets with the ability to develop new high performing assets are key to a successful development. As part of our expansion plans, we were able to identify the Senior Living category as our newest investment assets, offering investors whopping returns of around 200% in a time frame of 3 years and 8 months. Partnered up with a second generation developer in San Diego, SLIG formed “We Strategic,” offering precious lifestyle independent living and memory care homes. Diamond living is currently valued at an estimated $30,000,000, and will produce 14 homes and 84 beds in the city of Vista in Northern County San Diego.
Carlton @ Hollywood
A 10-unit multifamily rehab project that went through an extensive remodel in 2016. The building was featured in Urbanize.LA for its unique renovations and innovative investment strategies. Centrally located in Hollywood at 5831 Carlton Way Los Angeles, CA 90028, Carlton was sold in 2017 for $3,885,000, giving investors an estimated return of 39.07%.
Sawtelle Prestigious Courtyard
Located at 4812 Sawtelle Blvd. in Culver City, this 6-unit project includes two front facing single family homes and four town homes with brand new developments. Sawtelle Prestigious Courtyard was completed in August 2016 and sold above market asking price in January 2017 for $4,050,000, profiting investors a giant 118.45%*.