6-UNIT MISSION DISTRICT INVESTMENT PROPERTY

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Ilene Conley
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1 6-UNIT MISSION DISTRICT INVESTMENT PROPERTY 1468-74 Valencia St, San Francisco, CA 94110 Recently renovated, fully seismically upgraded, low expense building in excellent location along the hot

Residential units feature new carpet, new double glazed windows, open kitchens w/stone counters, new bathrooms, new cabinets & stainless appliances The building has very low expenses and is in

1 1 6-UNIT MISSION DISTRICT INVESTMENT PROPERTY Valencia St, San Francisco, CA Recently renovated, fully seismically upgraded, low expense building in excellent location along the hot Valencia Retail Corridor. This building has four 4BR/1BA apartments, one 1BR/1BA apartment and a large street level commercial space. Residential units feature new carpet, new double glazed windows, open kitchens w/stone counters, new bathrooms, new cabinets & stainless appliances The building has very low expenses and is in ex-cellent condition. Purchase Price: $5,650,000 Annual Gross Income: Net Operating Income: $330,095* $225,040* Capitalization Rate: 4.51% Mike Onufer mikeo@neweaglereg.com BRE # Mike Gallin mikegallin@gmail.com BRE # Jennifer Jones jennifer@vanguardsf.com BRE # Vanguard Properties and New Eagle Real Estate Group believe this information to be correct but has not verified this information and assumes no legal responsibility for its accuracy. Buyers should investigate these issues to their own satisfaction.

2 2 6-UNIT MISSION DISTRICT INVEST- FINANCIAL OVERVIEW This six-unit building is configured as: four x 4 bedroom, 1 bath flats one x 1 bedroom, 1 bath apartment one 1700 sq. ft. ground floor commercial space. Price: Lot Sq. Ft. Building Sq. Ft. Price/Sq. Ft. CAP rate $5,650,000 2,696 7,850 (approximate) $ % Financial: Annual Gross Income Annual Expenses $59,388 $4,268 $3,300 $3,500 $6,649 $330,095* $77,106 Property Tax (1.188%) Insurance CAM (Including Refuge) Maintenance &Repair ($500/Unit) Vacancy Factory (2%) Net Operating Income $255,040* Rent roll: #1: 4/1 $ #2: 4/1 $ #3: 4/1 $ #4: 4/1 $ #5: 1/1 $ * Commercial ($6800/mo. Pro forma) Vanguard Properties and New Eagle Real Estate Group believe this information to be correct but has not verified this information and assumes no legal responsibility for its accuracy. Buyers should investigate these issues to their own satisfaction.

Building Upgrades: New electrical service with separate metering for every unit Separate Gas and Water meters for every unit New double glazed windows throughout building New exterior insulation New

3 3 PROPERTY HIGHLIGHTS The building was fully renovated and upgraded in 2010 at a cost of over $1 Million. The result is a modern, efficient lowexpense and seismically sound property with zero deferred maintenance and strong tenant demand. Building Upgrades: New electrical service with separate metering for every unit Separate Gas and Water meters for every unit New double glazed windows throughout building New exterior insulation New front and rear staircases New roof Seismic Upgrades: Steel moment frame throughout ground level anchored to foundation Upgraded concrete perimeter foundation with new footings for moment frame Sheer walls on upper units tied into moment frames Residential Unit Upgrades: Highly efficient 4-bedroom floor plans with open kitchen & bar seating All units have independent central heating with new forced air natural gas furnaces All units have independent natural gas water heaters Modern recessed lighting throughout units Fire and sound rated separation between units Kitchens Feature: All new cabinetry Stone counter tops Double or oversize porcelain sinks Stainless steel appliances Dishwasher Gas range & oven Tile floor Bathrooms Feature: Tile bathroom floors and shower walls New bathroom vanities with stone counters

4 DISTRICT HIGHLIGHTS The Mission District is a melting pot of cultures, cuisines, and happening people and places.

Valencia Street is the most sought after boulevard in the Mission boasting the best and most numerous of all types of food & retail businesses.

..A $10 million renovation of the 1916 theater, the Alamo Drafthouse Features a 348-seat theater and four smaller screening rooms, equipped with state of the art digital projection as well as

..has been declared to have America s Best Burrito by ESPN s FiveThirtyEight.

4 4 DISTRICT HIGHLIGHTS The Mission District is a melting pot of cultures, cuisines, and happening people and places. From Latino markets, to upscale coffee shops, bistros and boutiques, you'll find it all along this diverse neighborhood's main streets. Valencia Street is the most sought after boulevard in the Mission boasting the best and most numerous of all types of food & retail businesses. It is also the address of several new luxury residential developments with pricing in the $ psf range. Alamo Drafthouse Cinema...A $10 million renovation of the 1916 theater, the Alamo Drafthouse Features a 348-seat theater and four smaller screening rooms, equipped with state of the art digital projection as well as excellent screen size to room ratio and amazing sound. Next door there are restaurants, bars and a new 114-unit condominium development. La Taqueria...has been declared to have America s Best Burrito by ESPN s FiveThirtyEight. Anna Maria Barry-Jester, FiveThirtyEight s burrito correspondent, dubbed the rice-less carnitas burrito at La Taqueria a technical marvel with a monumental first bite worthy of a national title....for La Taqueria owner Miguel Jara, it s the latest in a long line of accolades for the humble operation.jara opened the Mission taqueria over 40 years ago, at a time when there were very few other taquerias in the area. It took him a year to open the restaurant, simply because he had to build everything himself. On his first day of business in March 1973, he ran out of food by 2 o clock. He sold burritos for 90 cents and tacos for 60 cents... Paolo Lucchesi; SFGATE,September 10, 2014.

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OFFERED FOR SALE NOB HILL 9 APARTMENT UNITS

OFFERED FOR SALE NOB HILL 9 APARTMENT UNITS 940 JONES STREET SAN FRANCISCO, CA This beautifully and extensively renovated 9 unit apartment building is located in one of the consistently hottest rental neighborhoods of San Francisco. Constructed