# EDGAR Filing Document

**Accession Number:** 0001886606
**File Stem:** 0001815103-23-000004
**Filing Date:** 2023-1
**Character Count:** 7889
**Document Hash:** e5ffb74db2cd6f80bafed8d0b32aed73
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001815103-23-000004.hdr.sgml**: 20230104

**ACCESSION NUMBER**: 0001815103-23-000004

**CONFORMED SUBMISSION TYPE**: 1-U

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230101

**ITEM INFORMATION**: Other Events

**FILED AS OF DATE**: 20230104

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Landa App 3 LLC
- **CENTRAL INDEX KEY:** 0001886606
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE [6500]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 1-U
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 24R-00635
- **FILM NUMBER:** 23504588

**BUSINESS ADDRESS:**
- **STREET 1:** 6 W. 18TH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10011
- **BUSINESS PHONE:** 646-905-0931

**MAIL ADDRESS:**
- **STREET 1:** 6 W. 18TH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10011

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 1-U**

**CURRENT REPORT PURSUANT TO REGULATION A**

**Date of Report (Date of earliest event reported): January 1, 2023**

**LANDA APP 3 LLC**

(Exact name of issuer as specified in its charter)

---

| | |
|:---|:---|
| **Delaware** | **87-2881696** |
| (State or other jurisdiction of<br> incorporation or organization) | (I.R.S. Employer<br> Identification No.) |

---

**6 W. 18<sup>th</sup> Street**

**New York, NY 10011**

(Full mailing address of principal executive offices)

**<u>646-905-0931</u>**

(Issuer's telephone number, including area code)

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| | |
|:---|:---|
| **Membership Interests:** | **Membership Interests:** |
| Landa App 3 LLC - 132 Cornelia Street Brooklyn NY LLC | Landa App 3 LLC - 1363 Hancock Street Brooklyn NY LLC |
| Landa App 3 LLC - 24 Ditmars Street Brooklyn NY LLC | Landa App 3 LLC - 368 Irwin Street NE Atlanta GA LLC |
| Landa App 3 LLC - 6696 Mableton Parkway SE Mableton GA LLC | Landa App 3 LLC - 996 Greenwood Avenue NE Atlanta GA LLC |

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(Title of each class of securities issued pursuant to Regulation A)

***Distribution Declaration***

On January 1, 2023, Landa Holdings, Inc. (the "Manager"), as manager to each of the following series (each a "Series" and collectively the "Series") of the Company, declared and paid a cash distribution (the "Distribution") for such Series for the month of December 2022 (the "Distribution Period"), in the amount set forth in the table below.

For Shares purchased during the Distribution Period, holders of shares in each Series ("Shares") will be eligible to receive distributions (rounded) calculated on a pro-rata basis, based on the number of days in the applicable Distribution Period that such holder owned such Shares.

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| | | |
|:---|:---|:---|
| **Series** | **Cash<br> Available for<br> Distribution** | **Distribution per Share (1)** |
| Landa App 3 LLC - 1363 Hancock Street Brooklyn NY LLC | $9586.9 | $0.254 |
| Landa App 3 LLC - 24 Ditmars Street Brooklyn NY LLC | $7972.49 | $0.164 |
| Landa App 3 LLC - 6696 Mableton Parkway SE Mableton GA LLC(2) | $2130.34 | $0.021 |
| Landa App 3 LLC - 996 Greenwood Avenue NE Atlanta GA LLC(3) (4) | $0 | $0 |
| Landa App 3 LLC - 368 Irwin Street NE Atlanta GA LLC | $4346.23 | $0.068 |
| Landa App 3 LLC - 132 Cornelia Street Brooklyn NY LLC | $4032.65 | $0.086 |

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(1) Distributions by this Series were made based on the total Shares outstanding as of January 1, 2023.<br>(2) The tenant occupying this Property has not paid their rent, or has only paid a portion of their rent, for the month of December.<br>(3) The tenant occupying Unit 4 is in breach of his Lease Agreement for failure to pay rent. The Manager is currently working with the tenant to vacate the unit.This Property will not earn any income and the Manager will not earn its Management Fee until the Manager enters into a new Lease Agreement with a tenant for this Property.<br>(4) This Property has one or more apartment units that are currently vacant.This Property will not earn any income and the Manager will not earn its Management Fee until the Manager enters into a new Lease Agreement with a tenant for this Property.<br>

For any additional information regarding the Shares discussed herein, shareholders should refer to the Offering Circulars, available on the SEC's website at www.sec.gov

Further information detailing the calculation of cash available for distribution for each Series is available on the Landa Mobile App, which is available on iOS and Android devices.

**SIGNATURE**

Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

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| | | |
|:---|:---|:---|
| Date: January 1, 2023 | LANDA APP 3 LLC | LANDA APP 3 LLC |
|  | By: | Landa Holdings, Inc., |
|  |  | its Manager |
|  | By: | /s/ Yishai Cohen |
|  | Name: | Yishai Cohen |
|  | Title: | Chairman, Chief Executive Officer, and<br> President |

---

**Exhibit A**

**Master Series Table**

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| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Series** | **Offering<br> Status** | **Qualification<br> Date** | **Closing<br> Date** | **Total<br> Number of<br> Shares<br> Sold** | **Total<br> Amount<br> Raised($)(1)(2)** | **Monthly<br> Rental<br> Income($)(3)** | **Monthly<br> Property<br> Tax($)(4)** | **Monthly<br> Insurance<br> Expense($)** | **Monthly<br> Management<br> Fee** |
| 1. | Landa Series 1363 Hancock Street (5) | &nbsp;&nbsp;open | &nbsp;&nbsp;06/28/2022 |  | 37768 | 1033558.33 | 12800 | 1045 | 570 | 5% |
| 2. | Landa Series 24 Ditmars Street (5) | &nbsp;&nbsp;open | &nbsp;&nbsp;06/28/2022 |  | 48580 | 978608.64 | 13845 | 362 | 289 | 5% |
| 3. | Landa Series 6696 Mableton Parkway SE (6)(7) | &nbsp;&nbsp;closed | &nbsp;&nbsp;06/28/2022 | 12/21/2022 | 100000 | 505527 | 4029.75 | 332.99 | 188.27 | 8% |
| 4. | Landa Series 996 Greenwood Avenue Northeast (6)(8) (9) | &nbsp;&nbsp;open | &nbsp;&nbsp;06/28/2022 |  | 16912 | 429928.41 | 6967.19 | 1968.76 | 1187 | 8% |
| 5. | Landa Series 368 Irwin Street Northeast (6) | &nbsp;&nbsp;open | &nbsp;&nbsp;06/28/2022 |  | 63692 | 762362.67 | 10746.25 | 1073 | 212.33 | 8% |
| 6. | Landa Series 132 Cornelia Street (5) | &nbsp;&nbsp;open | &nbsp;&nbsp;06/28/2022 |  | 46667 | 887310.47 | 9002.5 | 491 | 269.35 | 5% |

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(1) All 100,000 Shares of this Series have been subscribed for and the Company is in the process of closing on the Series' offering with the investors.<br>(2) Reflected as of up to two (2) business days prior to the date of this Form 1-U. Each Series is offering up to a maximum of 100,000 Shares<br>(3) The Monthly Rental Income amount reflects the monthly rental payment due under the applicable lease agreement for the Property.<br>(4) Taxes on this Property may be subject to review and adjustment on a semi-annual basis.<br>(5) The Monthly Management Fee payable by each Series is expected to equal five percent (5%) of the Gross Monthly Rent.<br>(6) The Monthly Management Fee payable by each Series is expected to equal eight percent (8%) of the Gross Monthly Rent.<br>(7) The tenant occupying this Property has not paid their rent, or has only paid a portion of their rent, for the month of December.<br>(8) The tenant occupying Unit 4 is in breach of his Lease Agreement for failure to pay rent. The Manager is currently working with the tenant to vacate the unit.This Property will not earn any income and the Manager will not earn its Management Fee until the Manager enters into a new Lease Agreement with a tenant for this Property.<br>(9) This Property has one or more apartment units that are currently vacant.This Property will not earn any income and the Manager will not earn its Management Fee until the Manager enters into a new Lease Agreement with a tenant for this Property.<br>