The Chateau Laurier. & The Durbin

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1 453 S. Wilton Place The Durbin W. 5th Street & The Durbin 453 S. Wilton Place

4353 W. Chateau 5 th Street Laurier The Chateau is A Laurier grand 4 story French Normandy building steeped in Hollywood lore. It was designed by famed luxury Hollywood architect Leland A. Bryant.

2 4353 W. Chateau 5 th Street Laurier The Chateau is A Laurier grand 4 story French Normandy building steeped in Hollywood lore. It was designed by famed luxury Hollywood architect Leland A. Bryant. Bryant is known for his revivalist grandeur. Apartments have 9 ceilings, arched doorways, carved turret rooms, crown molding, hardwood floors, large fireplace mantels. The penthouse apartments have 18ft 25ft cathedral ceilings.. The chateau Laurier is a limited access building, with subterranean parking. Two beautiful original wood panel elevators with original oil paintings have been restored and is in use for tenants. Tenants enjoy the gorgeous views and close proximity to Hollywood, Korea Town, Downtown Los Angeles, and the west side of Los Angeles. There is an abundance of shopping, food, entertainment and Metro stop within close walking distance. A gentle flowing water fountain surrounded by flowers, welcome you to our beautiful building. Chateau Laurier is an iconic Los Angeles property. 453 S. Wilton Place The Durbin 2

3 The Property 453 S. Wilton Place The Durbin W. 5th Street & The Durbin 453 S. Wilton Place

4 453 S. Wilton Place The Durbin 4 Executive Summary Amenities Property Name Select Units Common Area Address 4353 W. 5th Street High Ceilings 9' 9 Gated Subterranean Parking City, State, Zip Los Angeles, CA Parcel Number Number of Units 19 Stories 4 Building SF 21,829 Lot SF 6,634 Views of Hollywood Sign Pent House: 20-25' High Vaulted Ceilings Functioning Architectural Turret Rooms Architectural Arches Partitioning Rooms Townhouse Style Floorplan Lions Head Water Fountain 2 Forged Iron Doors Secured Entry & Surveillance 2 Original Vintage Elevator Cars Hollywood Themed Framed Art Laundry Facility (Coin Operated All Valley) Year Built 1929 Penthouse Style Floorplans Steam Heat: New Steam Boiler 2013 Zoning LAR3 Crown Molding & Tiled Bathrooms Large Hot Water Storage Tank Parking 9 Gated Subterranean Spaces Large Stone Fireplace Mantels Exterior Painted in 2014 Structure Reinforced Concrete Hardwood Floors Electronic Gated Access Parking Water Master Metered Steam Heat Radiators LED Lighting Throughout Gas Invidividually Metered Stainless Steel Stoves (Owned by Building) Electric Invidividually Metered Refrigerators (Owned by Building) Master Architect Leland Bryant Awards The Windsor Square neighborhood architectural award. (NOT on the national historical registry)

5 C hateau Laurier is A grand 4 story French Normandy building steeped in Hollywood lore. It was designed by famed luxury Hollywood architect Leland A. Bryant. Bryant is known for his revivalist grandeur. Apartments have 9 ceilings, arched doorways, carved turret 453 S. Wilton Place The Durbin 5 rooms, crown molding, hardwood floors, large fireplace mantels. The penthouse apartments have 18ft 25ft cathedral ceilings. The chateau Laurier is a limited access building, with subterranean parking. Two beautiful original wood panel elevators with original oil paintings have been restored and is in use for tenants. Tenants enjoy the gorgeous views and close proximity to Hollywood, Korea Town, Downtown Los Angeles, and the west side of Los Angeles. There is an abundance of shopping, food, entertainment and Metro stop within close walking distance. A gentle flowing water fountain surrounded by flowers, welcome you to our beautiful building. Chateau Laurier is an iconic Los Angeles property.

6 The Durbin 453 S. Wilton Place The Durbin 6 Executive Summary Property Name Address The Durbin 453 S. Wilton Place City, State, Zip Los Angeles, CA Parcel Number Number of Units 5 Stories 2 Building SF 3,606 Lot SF 6,740 Year Built 1919 Zoning Parking Structure Water Gas Electric LAR3 7 Car Onsite Parking Wood Frame Master Metered Master Metered Master Metered

7 Parcel Map 453 S. Wilton Place The Durbin 7 Property Name Address 4353 W. 5th Street The Durbin 453 S. Wilton Place City, State, Zip Los Angeles, CA Parcel Number Number of Units 19 Stories 4 Building SF 21,829 Lot SF 6,634 Year Built 1929 Los Angeles, CA ,606 6, Combined 24 Chateau 4; Durbin 2 25,435 13,374 Chateau 1929; Durbin 1919 Zoning LAR3 LAR3 LAR3

8 Location Map 453 S. Wilton Place The Durbin 8

9 Location Map 453 S. Wilton Place The Durbin 9

10 Financials 453 S. Wilton Place The Durbin W. 5th Street & The Durbin 453 S. Wilton Place

11 Rent Roll 453 S. Wilton Place The Durbin 11 Chateau Laurier W. 5th Street Unit # Type Estimated SF Current Rent Current Rent/SF Market Rent Market Rent/SF Occupied Comments A 2/1 TH $2, #DIV/0! $3,500 #DIV/0! Yes B Studio $1, #DIV/0! $1,700 #DIV/0! Yes C 1/1 TH $1, #DIV/0! $2,500 #DIV/0! Yes D 1/1 TH $1, #DIV/0! $2,500 #DIV/0! Yes E 2/1 TH $2, #DIV/0! $3,500 #DIV/0! Yes F 2/2 TH $2, #DIV/0! $3,800 #DIV/0! Yes G 2/1 Flat $2, #DIV/0! $3,200 #DIV/0! Yes H 2/1 TH $2, #DIV/0! $3,500 #DIV/0! Yes I 1/1 Flat $1, #DIV/0! $1,800 #DIV/0! Yes K 2/1 Flat $2, #DIV/0! $3,200 #DIV/0! Yes L 2/2 Flat $2, #DIV/0! $3,400 #DIV/0! Yes M 1/1 TH $2, #DIV/0! $2,500 #DIV/0! Yes N 2/2 Flat $2, #DIV/0! $3,400 #DIV/0! Yes O 2/1 Flat $2, #DIV/0! $3,200 #DIV/0! Yes R 2/1 PH $2, #DIV/0! $3,800 #DIV/0! Yes S 2/2 PH $2, #DIV/0! $4,000 #DIV/0! Yes T 2/2 PH $2, #DIV/0! $4,000 #DIV/0! Yes U 1/1 PH $2, #DIV/0! $3,000 #DIV/0! Yes Z Studio Loft $1, #DIV/0! $2,500 #DIV/0! Yes $42, $59,000 Durbin Cottage S. Wilton Avenue Unit # Type Estimated SF Current Rent Current Rent/SF Market Rent Market Rent/SF Occupied Comments 1 1/1 $1, #DIV/0! $2,200 #DIV/0! Yes 2 2/1 $1, #DIV/0! $2,200 #DIV/0! Yes 3 1/1 Jr $1, #DIV/0! $1,800 #DIV/0! Yes 4 1/1 $1, #DIV/0! $2,000 #DIV/0! Yes 5 1/1 $1, #DIV/0! $2,000 #DIV/0! Yes $8, $10,200 COMBINED TOTALS $51,623 $69,200

12 Financial Analysis 453 S. Wilton Place The Durbin 12 PRICING FINANCING THE ASSET Price $12,000,000 Down 100% $12,000,000 Units 24 Price/Unit $500,000 Loan 0% $0 Year Built 1919, 1929 Price/SF $ Ammort Years 30 Gross SF 25,435 GRM Interest Rate 0.00% Lot SF 13,374 Cap 3.01% 4.77% Payments $0 APN ; 002 Current Market Chateau Durbin MONTHLY RENT SCHEDULE # of Units Type Estimated SF Avg.Current Rent/SF Current Total Market Rent/SF Market Total 1 Studio $1, #DIV/0! $1, $1, #DIV/0! $1, Studio Loft $1, #DIV/0! $1, $2, #DIV/0! $2, /1 Flat $1, #DIV/0! $1, $1, #DIV/0! $1, /1 TH $1, #DIV/0! $5, $2, #DIV/0! $7, /1 PH $2, #DIV/0! $2, $3, #DIV/0! $3, /1 Flat $2, #DIV/0! $7, $3, #DIV/0! $9, /1 TH $2, #DIV/0! $7, $3, #DIV/0! $10, /1 PH $2, #DIV/0! $2, $3, #DIV/0! $3, /2 Flat $2, #DIV/0! $5, $3, #DIV/0! $6, /2 TH $2, #DIV/0! $2, $3, #DIV/0! $3, /2 PH $2, #DIV/0! $4, $4, #DIV/0! $8, /1 Jr $1, $1, $1, $1, /1 $1, $5, $2, $6, /1 $1, $1, $2, $2, $51, $69,200.00

13 Income & Expenses 453 S. Wilton Place The Durbin 13 ANNUALIZED INCOME Current Market Gross Potential Rent $619,480 $830,400 Laundry Income $1,600 $1,600 Scheduled Gross Income $621,080 $832,000 ANNUALIZED EXPENSES Current Market Real Estate Taxes % $143, $143,160 Gardener $3, $3,720 Commercial Liability (Insurance) $1, $1,045 Apartment Liability (Insurance) $8, $8,130 Trash collection $4, $4,722 DWP $24, $24,082 The Gas Co $11, $11,290 Repairs and Maintenance $27, $27,576 Elevator $3, $3,040 Boiler $2, $2,000 OnSite Management $30, $30,600 Total Expenses $259, $259,365 Expenses/Unit $10,807 $10,807 Expenses/SF $10.20 $10.20 % of EGI 41.76% 31.17% RETURN Current Market NOI $361,715 $572,635 Less Debt $0 $0 Cashflow $0 $0 Cash on Cash 0.00% 0.00%

14 Location 453 S. Wilton Place The Durbin W. 5th Street & The Durbin 453 S. Wilton Place

15 Location Map 453 S. Wilton Place The Durbin 15

16 Hancock Park H ancock Park is a historic and affluent residential neighborhood in the central region of the City of Los Angeles. There are many mansions from the early 20th century, often occupied by celebrities. One of the finest areas of Hancock Park is dubbed Windsor Square. 453 S. Wilton Place The Durbin 16 Hancock s son, G. Allan Hancock, in the 1920s. Outstanding architects of the era designed the palatial two-story, single family residences in various Period Revival styles (including Tudor Revival, English Revival, Spanish Colonial Revival, Mediterranean Revival, Monterey Revival, and American Colonial Revival) for influential members of Los Angeles Hancock Parl is built around the grounds of a private golf club. Developed in the 1920s, the neighborhood features architecturally distinctive residences. Hancock Park, located in the eastern portion of the original Rancho La Brea area, was purchased by Major Henry Hancock in The residential subdivision of Hancock Park was developed by Major society. The vast majority of the residences are set back 50 feet from the street, and include side driveways generally leading though a porte cochere to a rear garage. Past prominent Hancock Park residents have included millionaire Howard Hughes, entertainers Mae West and Nat King Cole, Broadway Department Store magnate Arthur Letts, Jr., and architect William Pereira.

Miracle Mile 453 S. Wilton Place The Durbin 17 About the Miracle Mile Located approximately The Miracle Mile in Los Angeles, California, is an area in the Mid-Wilshire district consisting of a 1.

17 Miracle Mile 453 S. Wilton Place The Durbin 17 About the Miracle Mile Located approximately The Miracle Mile in Los Angeles, California, is an area in the Mid-Wilshire district consisting of a 1.5-mile stretch of Wilshire Boulevard between Fairfax and Highland Avenues. Luxury residential neighborhood comprised of a colorful mix of retailers, restaurants, advertising agencies, law firms, public relations offices, publishing companies, art galleries, businesses and entertainment corporations, the Miracle Mile plays a defining part in the identity of the greater metropolis of our city. Several museums are permanent residents of Museum Row on the Miracle Mile which includes Peterson Automotive Museum, LACMA, Craft LACMA $600M Makeover After years of planning, the Los Angeles County Museum of Art (LACMA) has launched an official website for its proposed $600-million makeover, which would extend the campus over and across Wilshire Boulevard. The project, designed by the Swiss architect Peter Zumthor, is dubbed the LACMA Building for the Permanent Collection. According to its website, the approximately 368,000-square-foot structure would be comprised by eight semi-transparent pavilions supporting a main exhibition level. The main exhibition level would extend over Wilshire Boulevard to a separate museum-owned property on the south side of the street. & Folk Art Museum and La Brea Tar Pits.

Koreatown 453 S. Wilton Place The Durbin 18 KOREATOWN Koreatown, located west of Downtown L.A. and south of Hollywood, is one of the most diverse neighborhoods in Los Angeles.

18 Koreatown 453 S. Wilton Place The Durbin 18 KOREATOWN Koreatown, located west of Downtown L.A. and south of Hollywood, is one of the most diverse neighborhoods in Los Angeles. Encompassing roughly 3 square miles, the area was once the epicenter of Golden Age Hollywood, home to the Ambassador Hotel, the Cocoanut Grove and the Brown Derby. Today, Korean and Latino populations contribute to Koreatown s rich cultural diversity. K-town is also known for having one of the largest concentration of nightclubs and 24-hour businesses and restaurants in the country. Even frequent visitors have only scratched the surface of this vibrant district. Discover Koreatown with our guide to one of L.A. s most exciting neighborhoods. ARLINGTON HEIGHTS Arlington Heights is a densely populated, highly diverse neighborhood in Central Los Angeles, California, where a majority of area residents live in rented homes or apartments. Within it lies the Historic Preservation Overlay Zone of Country Club Park. The Historic Preservation Overlay Zone of the City of Los Angeles in California has been hailed by historic preservation advocates for its pioneering program, which designates not just buildings but entire neighborhoods or districts as worthy of historic preservation. Most of these districts are areas dominated by Victorian and Craftsman singlefamily houses, but some are predominantly Mission Revival or Spanish Colonial Revival,

19 Disclaimer 453 S. Wilton Place The Durbin 19 All materials and information received or derived from Lee Ziff Real Estate its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party s intended use or any and all other matters. Neither Lee Ziff Real Estate its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party s active conduct of its own due diligence to determine these and other matters of significance to such party. Lee Ziff Real Estate will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Lee Ziff Real Estate makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Lee Ziff Real Estate does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Lee Ziff Real Estate in compliance with all applicable fair housing and equal opportunity laws. DAVID MARTINEZ Lee Ziff Real Estate Professionals Keller Williams Realty Beverly Hills Office (310) Mobile (310) Fax (310) General Contractor Lic # bre# W. 5th Street & The Durbin 453 S. Wilton Place

637 S BURNSIDE AVE LOS ANGELES CA 90036

637 S BURNSIDE AVE LOS ANGELES CA 90036 6 French Provincial Style Units in Prime Miracle Mile on a Large R4 Lot www.concord-re.com hello@concord-re.com 310.551.0660 449 South Beverly Drive, First Floor,