Properties for Sale Natoma Street, San Francisco, CA Prepared for Morley Fredericks Real Estate Services 1/27/2015

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1 Prepared for Morley Fredericks Real Estate Services 1/27/2015 Presented by Steve Crane Morley Fredericks Real Estate Services (415) License: Properties for Sale Natoma Street, San Francisco, CA Property Details Price $1,250,000 No. Units 4 Building Size 2,700 SF Lot Size 1,875 SF Price/Unit $312,500 /Unit Property Type Multifamily Property Sub-type Duplex/Triplex/Fourplex Property Use Type Investment Commission Split 2.25% Cap Rate 2.48% Gross Rent Multiplier Tax ID/APN Status Active Property Notes Property Description Highly Desirable Mid-Market Location surrounded by 3,500,000+sqft of commercial development/renovation & 7,000+ new residential units (1,000,000+ sqft), incl. 5m project 4 units - all 2 bedroom /1 bath units. Significant upside in rents. There is an unfinished basement half above grade with rear windows for possible expansion of units. 100% Leased some units are partially remodeled. Zoning: South of Market Residential Enclave District (RED). Building Size: 2,700 square feet (per San Francisco Assessor Office) not including unfinished basement. Location Description Transit Oriented Location: Walking distance to BART/Muni Stations (Powell Street and Civic Center Stations) and Caltrans Station (4th and King St), and numerous SFMTA bus lines.

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3 2 308 Turk Street, San Francisco, CA Property Details Price $3,650,000 No. Units 20 Building Size 7,550 SF Price/Unit $182,500 /Unit Property Type Multifamily Property Sub-type Mid/High-Rise Property Use Type Investment Commission Split 2% Cap Rate 5% Gross Rent Multiplier Status Active Property Notes Property Description 308 Turk Street presents a unique investment opportunity. The current owners are in the process of remodeling eight vacant studio units. All of the common areas have been redone with new flooring and paint. Many of the windows have just been replaced. The apartments are separately metered for gas and electricity and tenants pay for their own heat, keeping operating expenses low. This is a great opportunity to purchase a turn-key investment with the ability to choose your own tenants for the vacant units. Much upside still remains in the occupiedstudios. Location Description Turk & Leavenworth

4 Kirkham, San Francisco, CA Property Details Price $1,399,000 No. Units 4 Building Size 2,208 SF Price/Unit $349,750 /Unit Property Type Multifamily Property Sub-type Duplex/Triplex/Fourplex Property Use Type Investment Cap Rate 5.40% Occupancy 100% Status Active Property Notes Property Description Great 4-unit multifamily building with stable tenants and continual 100% occupancy. This asset is located in the beautiful Outer Sunset District and is only 5 houses from Sunset Beach. Location Description Outer Sunset District of San Francisco

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6 th Avenue, San Francisco, CA Property Details Price $1,490,000 No. Units 5 Building Size 4,959 SF Lot Size 3,746 SF Price/Unit $298,000 /Unit Property Type Multifamily Property Sub-type Garden/Low-Rise Property Use Type Investment Commission Split 2.50% Cap Rate 3.98% Occupancy 90% Status Active Property Notes Property Description Very well maintained classic Edwardian building built in Features 5-large 1BD/1BA units. Approximately 4,959 sq ft of living space on a large lot that's approximately 3,746 sq ft. Each unit features spacious living room, 1BD/1BA, eat-in kitchen and includes a garage space with ample street parking. Located in the heart of Sunset District near UCSF, Golden Gate Park and minutes away from diverse restaurants, shops, parks, churches, prestige SF school district and public transportation. Location Description Sunset District

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8 Bush Street, San Francisco, CA Property Details Price $8,350,000 No. Units 67 Building Size 20,610 SF Price/Unit $124, /Unit Property Type Multifamily Property Sub-type Mid/High-Rise Additional Sub-types Retail (Other) Property Use Type Investment Status Active Property Notes Property Description Year Built: 1907Lot Size: 6,250 Square FeetBuilding Area: 20,610 Square FeetTotal Units: 67Stories: 4Zoning: RC-4 Location Description Centrally located Lower Nob Hill Corner Walking distance to BART, Muni and several bus lines Close proximity to the downtown/financial districts 3 Ground Floor Retail Units 67 SRO Rooms13 Rooms have Private Baths10 Rooms are designated tourist rooms 2 Shared Kitchens

9 Broadway Street, San Francisco, CA Property Details Price Price Not Disclosed No. Units 31 Building Size 16,000 SF Property Type Multifamily Property Sub-type Mid/High-Rise Property Use Type Investment Commission Split 1% Cap Rate 4.63% Gross Rent Multiplier Tax ID/APN Status Active Property Notes Property Description Broadway Street is a Mixed Use Building located on Broadway between Kearny and Montgomery. Subject property was built in There are 31 SRO units, 1 commercial ground floor unit and a 17 car garage (vacant) off of Nottingham Place. 27 SRO units have individual vanity sinks and closets and 2 SRO units have full bathooms and closets. The building is fully sprinklered and there is a hard wired fire alarm panel. Building has a monitored security system with each floor having a common area bathroom and shower stall for both men' s and women' s use. Each floor has 2 separate private full bathrooms. The ground floor tenant owns A3 Atmosphere. Location Description The Financial District is the main central business district of San Francisco. It is the city' s largest concentration of corporate headquarters and other professional and financial institutions including Visa, Wells Fargo Bank, Charles Schwab and more. The area is made up of high rise towers with the waterfront being west of the Embarcadero. The city's tallest buildings such as Transamerica Pyramid are located in this district.

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12 Gough Street, San Francisco, CA Property Details Price $2,795,000 No. Units 5 Building Size 3,450 SF Lot Size 2,160 SF Price/Unit $559,000 /Unit Property Type Multifamily Property Sub-type Garden/Low-Rise Property Use Type Investment Commission Split 2% Cap Rate 4.10% Gross Rent Multiplier Occupancy 20% No. Stories 3 Year Built 1955 Status Active Property Notes Property Description **SHOWING TUESDAY January 27, 10:30-11:30**80% VACANTVery clean mid-century building, which has great bones for a modern re-positioning. With 4 out of the 5 units being vacant, a Buyer has the flexibility to move in, or lease immediately during one of the historically strongest markets or renovate and lease. Location Description The Property is ideally located in the highly coveted Pacific Heights neighborhood and enjoys robust amenities, which include some of San Francisco's best dining, shopping and entertainment Gough Street is also within walking distance from ample transportation options, Whole Foods, Lafayette Park, Russian Hill and the Marina.

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15 8 466 Paris Street, San Francisco, CA Property Details Price $1,645,000 No. Units 4 Building Size 4,598 SF Lot Size 3,100 SF Price/Unit $411,250 /Unit Property Type Multifamily Property Sub-type Duplex/Triplex/Fourplex Property Use Type Investment Commission Split 3% Cap Rate 6.10% Gross Rent Multiplier Occupancy 100% Status Active Property Notes Property Description Centrally located, this is a 3/4 unit property. Can be utilized as 3-units with a bonus suite or the bonus suite, independently. Located only minutes away from San Francisco State University.The building measures approximately 4,598 square feet. All units have updated kitchens, new water heaters and new backyard fence. Property has gated entries.average cost per square foot is approximately $ Lot size is approximately 3,100 square feet, one of the largest in the entire area, the building is free standing and has dual side access to the backyard/patio area.new Green Energy Solar System currently being installed. As of March 2015, SF rental increase will go into effect annual gross income will increase by an additional $2,300.Gross Annual Rent for 2014: $121,105.00Net Operating Income for 2014: $112,105.00Tenant Deposits on Hand is $16,350.00Assumable loan of $560,000 at 3.8 fixed, fully amortized. 13-years remaining. Location Description Original Victorian building situated near shopping, schools, parks, Bart and other public transportation. Gorgeous, panoramic back yard views, and spacious backyard area.owner may consider a property exchange for a like property located in Southern Alameda County. Please do not disturb the tenants in any manner.

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17 9 930 Grove St., San Francisco, CA Property Details Price $6,400,000 No. Units 13 Building Size 11,154 SF Price/Unit $492, /Unit Property Type Multifamily Property Sub-type Garden/Low-Rise Property Use Type Investment Commission Split 2% Cap Rate 6.68% Gross Rent Multiplier No. Stories 4 Year Built 1885 Tax ID/APN Status Active Property Notes Property Description OFFER DATE: 2/10 by 12pm. Must Include signed Offering Memorandum. Complete Disclosure Packet available upon request. offers. PRICE REDUCED!!! Rare Developer/Investor Opportunity! Includes plans for 12-unit w/garage parking- (8)Studios/(4) 1-bdrm apartment units. Ready for build-out. Property delivered VACANT. Potential for premium rent or possible condo/tic/sfr conversion. Has everything for Premium Rents: Vacant, Views, Parking, On-site laundry, Views, Outdoor space/yard, great location. Huge Lot. Separately metered. Trophy mansion in Alamo Square next to the Painted Ladies on Victorian Row. Gorgeous period detail with Corinthian Columns, stained glass, redwood entry, intricate window door/window fames, grand entry w/gorgeous foyer and staircase, expansive foyer w/sweeping views of bay & city. Great asset to add to Investor portfolio. Registered as a Historical 'A' Location Description Alamo Square is one of the most famous neighborhoods in San Francisco. The iconic Painted Ladies in Alamo Square are know internationally. This home is right next door to the Painted Ladies. It's a premium location. The lot and home size are extremely rare in this small city.

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29 Page Street, San Francisco, CA Property Details Price $4,695,000 No. Units 9 Building Size 6,570 SF Lot Size 2,250 SF Price/Unit $521, /Unit Property Type Multifamily Property Sub-type Mid/High-Rise Property Use Type Investment Commission Split 2% Cap Rate 4.05% Gross Rent Multiplier Occupancy 100% No. Stories 4 Year Built 1906 Status Active Property Notes Property Description This is a great 9-unit apartment building located on a corner lot in the heart of San Francisco's acclaimed Haight-Ashbury District. The building also features 8 individual garages, a majority of which are rented separately. The property has recently had it's soft story retrofit completed. Good unit mix. Location Description The Haight-Ashbury District of San Francisco is one of the most desirable, eclectic and up-and-coming areas of San Francisco.

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31 South Van Ness Avenue, San Francisco, CA Property Details Price $11,250,000 No. Units 30 Building Size 22,650 SF Lot Size 11,020 SF Price/Unit $375,000 /Unit Property Type Multifamily Property Sub-type Mid/High-Rise Property Use Type Investment Commission Split 1.50% Cap Rate 2.86% Gross Rent Multiplier Status Active Property Notes Property Description 1065 South Van Ness Avenue is a well-maintained 30-unit building in the vibrant Inner Mission District of San Francisco. Built in 1966, the building features an elevator and 30-one bedroom/one bath units with dishwasher and garbage disposal in each. There is a coin-operated washer and dryer on each floor. There is garage parking for 4 cars and 22 parking stalls with storage lockers for most of the units South Van Ness Avenue offers an outstanding investment opportunity to acquire a property with tremendous long-term upside in one of San Francisco's hottest areas. Location Description The building is situated in one of the City's strongest rental markets with tech bus stops and a variety of restaurants, cafes, and pastry shops nearby. The Inner Mission is one of San Francisco's most vital neighborhoods. Grand, century-old homes can still be found along the sunny palm tree-lined Dolores, Church and Guerrero Streets The oldest building in San Francisco is here. Founded in 1776, Mission Dolores still stands at 16th and Dolores, and is open to visitors ass well as those attending its services. Two blocks away, Dolores Park is a favorite neighborhood hangout, and informal home to the San Francisco Mime Troupe.

32 Mission, San Francisco, CA Property Details Price Price Not Disclosed No. Units 63 Building Size 22,000 SF Lot Size 6,200 SF Property Type Multifamily Property Sub-type Garden/Low-Rise Additional Sub-types Street Retail Property Use Type Investment Commission Split 1.50% Cap Rate 7.10% Status Active Property Notes Property Description Large mixed use building with 63 SRO Units, 19 Tourist Licenses, and 2 ground floor commercial spaces. The building also has a large undeveloped basement with access from the commercial spaces and residential building. Current rents are significantly below market the retail spaces have possible expansion potential. Great for owner operator or investor vision.for a Full Disclosure Package please sign and send back the Non-Disclosure Agreement. Location Description The Inner Mission is one of San Francisco hottest and most colorful neighborhoods with significant amounts of new residential and commercial/retail development. The location has tremendous upside potential for residential and commercial rents.

33 th Street, San Francisco, CA Property Details Price $2,995,000 No. Rooms 22 Building Size 6,000 SF Lot Size 2,247 SF Price/Room $136, /Room Property Type Multifamily Property Sub-type Garden/Low-Rise Additional Sub-types Full Service Mid/High-Rise Economy/Limited Service Property Use Type Investment Commission Split 2% Cap Rate 5.80% No. Stories 3 Year Built 1907 Tax ID/APN Status Active Property Notes Property Description FOR MORE INFORMATION AND AN OFFERING MEMORANDUM, PLEASE EXECUTE AND RETURN THE ATTACHED CONFIDENTIALITY AGREEMENT ("CA") ABOVE.********************************The Gina Hotel is a 22 room residential hotel centrally located in the heart of San Francisco' s South of Market District (SOMA), on the edge of the rapidly growing Mid-Market (MidMa) District. The property is fully NN leased, the SRO + Commercial Space. The Hotel/SRO business, which includes ground floor office space at rear of the building and the basement, is currently NN leased at $15,000/month; this lease runs through May, The street level retail space is also leased, at a current rent of $2,700 per month, to a hair salon; this lease runs through January, 2019.There are 22 Single Room Occupancy (SRO) licensed rooms, all with kitchenettes, plus a full community kitchen. The community kitchen, which was previously part of the manager' s unit, has its own full bathroom. There are 2 shared bathrooms per floor, plus one full bathroom that is part of the community kitchen/manager's unit (5 bathrooms in total). This 6,000 square foot, 22 room residential hotel, is a three story building. Location Description This is a rare opportunity for an owner/operator to purchase a property in one of the strongest commercial real estate markets in the world and specifically in a neighborhood that has been experiencing rapid growth in rents and real estate values. SOMA is one of the most sought after Sub-Markets within the City of San Francisco, and this class of asset rarely becomes available in this area.the Gina is ideally located within walking distance from major public transportation hubs and surrounded by shopping, restaurants, and a multitude of nightlife options, including art, culture, and an incredibly diverse and vibrant restaurant and bar scene. This area of San Francisco is quickly being transformed in an unprecedented fashion by an influx on new businesses, residents, real estate development, and technology companies. All of this local development has spurred residential and retail improvements as well, an influx of new restaurants/cafes/bars, and noticeable and rapid improvement in the local economy.the Gina offers a reliable cash flow NN investment in a high barrier to entry market, a market that is currently experiencing unprecedented growth and economic prosperity.

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38 Turk Street, San Francisco, CA Property Details Price $1,795,000 No. Units 4 Building Size 2,650 SF Price/Unit $448,750 /Unit Property Type Multifamily Property Sub-type Duplex/Triplex/Fourplex Property Use Type Investment Cap Rate 2.40% Status Active Property Notes Property Description 4 one bed room units with 4 car parking. Back units have decks with views of Twin Peaks/ Buena Vista Park. Location Description Conveniently located at 2061 Turk Street on the south side of the street in between Lyon and Baker Streets, it is within walking distance to the Fulton Masonic market, USF, the panhandle, a number of neighborhood restaurants and coffee shops.

39 Sutter Street, San Francisco, CA Property Details Price $4,600,000 No. Units 9 Building Size 6,650 SF Lot Size 4,809 SF Price/Unit $511, /Unit Property Type Multifamily Property Sub-type Mid/High-Rise Property Use Type Investment Commission Split 2.50% Tax ID/APN Status Active Property Notes Property Description This beautiful Beaux Arts nine unit building is located in the Lower Nob Hill / Downtown neighborhood just a few blocks from the theatre district, Union Square and vibrant Van Ness corridor. The building consists of one studio apartment, five 1 bedroom apartments and three 2 bedroom apartments (no parking). Also included is a coin-operated laundry room. Many units feature 10 foot coved ceilings, fireplaces, hardwood floors and marble or granite bathrooms and kitchens. Apartment #4, which includes a lovely private garden, has been extensively upgraded with Canadian hardwood floors, a Japanese cedar wall, two fireplaces, wet bar, and granite kitchen the perfect owner' s unit! Well maintained with low expenses and excellent annual rental income of $291,038. Separate meters. Owner currently pays all utilities for short term / corporate rentals in apt #2, apt #3 and apt #7. Otherwise, tenants pay for gas and cable and owner pays for electricity, refuse/recycling, water/sewage and building insurance. Location Description Lower Nob Hill / Downtown - just a few blocks from the theatre district, Union Square and vibrant Van Ness corridor.

40 Randolph, San Francisco, CA Property Details Price $4,100,000 No. Units 18 Building Size 51,588 SF Lot Size 15,000 SF Price/Unit $227, /Unit Property Type Multifamily Property Sub-type Mid/High-Rise Property Use Type Investment Cap Rate 10% Tax ID/APN and Status Active Property Notes Property Description This property consists of two parcels, both measuring 75 x100. The first parcel, parcel has an existing building, fully occupied by tenants and an adjacent lot, , is a vacant land rented out as a parking lot. This has plans for 6 buildings with 3 residential units per building totaling 18 residential units. Location Description Conveniently located in the Ingleside heights of San Francisco, easily accessible by muni, within close proximity to the freeway, 19th avenue, Junipero Serra, malls, schools, offices, restaurants, gym, supermarkets and even some hospitals.the Southwest District, or District 3, was one of the last areas to be developed in San Francisco. It is now home to The San Francisco Zoo, Lake Merced, the San Francisco Golf Club, the Lake Merced Golf Club, Stonestown Galleria Mall, and The San Francisco State University Campus.Referred to as the OMI (Oceanview, Merced Heights, and Ingleside) neighborhoods, many of the buildings within the Southwest District are smaller residential properties built before the 1940's. With easy access to the 1 and 280 Freeways, and relatively affordable, many middle class families have made their homes here.

41 th Street, San Francisco, CA Property Details Price $1,675,000 No. Units 4 Building Size 2,926 SF Lot Size 2,025 SF Price/Unit $418,750 /Unit Property Type Multifamily Property Sub-type Duplex/Triplex/Fourplex Property Use Type Investment Cap Rate 6% Occupancy 75% Status Active Property Notes Property Description Excellent property in high demand area. No repairs needed. Current rents are NOI $82,200 Location Description Mission District 4-plex with 2 non-conforming units plus rental of garage.

42 Oak Street, San Francisco, CA Property Details Price $2,150,000 No. Units 6 Building Size 5,250 SF Price/Unit $358, /Unit Property Type Multifamily Property Sub-type Garden/Low-Rise Property Use Type Investment Commission Split 2.50% Cap Rate 3.80% Status Active Property Notes Property Description 6 unit apartment building located on Oak Street in between Fillmore and Webster Streets. 3 story wood framed building with bay windows and a bitumen roof. Separately metered for gas and electricity. Heated by gas wall heaters and each unit has it's own water heater. Units 3 & 4 have washers & dryers in the unit. Well maintained backyard with a patio for tenant convenience. Ideal location with approximately 87% rental upside! Location Description Walking distance to Hayes Valley and the Lower Haight.

43 Van Ness Ave, San Francisco, CA Property Details Price $7,500,000 No. Units 7 Building Size 9,000 SF Price/Unit $1,071, /Unit Property Type Multifamily Property Sub-type Garden/Low-Rise Property Use Type Investment Cap Rate 4.67% Status Active Property Notes Property Description Excellent condominium building with 6 2 bedroom/2 bath - 1,400 sf flats and a small commercial space. Location Description Russian Hill area, walk to Union and Polk Streets.

44 Laussat Street, San Francisco, CA Property Details Price $2,749,000 No. Units 6 Building Size 4,448 SF Lot Size 2,750 SF Price/Unit $458, /Unit Property Type Multifamily Property Sub-type Garden/Low-Rise Property Use Type Investment Commission Split 3% Cap Rate 3.69% Gross Rent Multiplier Occupancy 100% Tax ID/APN Status Active Property Notes Property Description Open House Tues. Nov 25 3:30PM-5:30PM. This extraordinary property offers 6 spacious 1-bedroom units and 2-car parking. Each elegant unit features a living room, traditional softwood floors, fireplace, high ceilings, multiple closets, and classic architectural elements. Several units have updated kitchens and baths. 2 units are owner-occupied and will be delivered vacant. Full Disclosure Package is available upon request. Location Description This pride-of-ownership property is centered in one of San Francisco' s hottest up-and-coming neighborhoods. Shops, restaurants, and cafes abound along commerce centers shared with Duboce Triangle, Upper Market, Castro, Eureka Valley, Lower Haight and Alamo Square. The Market/Church intersection is a hub for public transportation and the area is a biker' s paradise Laussat Street offers an outstanding opportunity with immediate income upside potential.

45 Mission St, San Francisco, CA Property Details Price $1,388,888 No. Units 5 Building Size 4,266 SF Lot Size 2,920 SF Price/Unit $277, /Unit Property Type Multifamily Property Sub-type Garden/Low-Rise Property Use Type Investment Commission Split 2.50% No. Stories 3 Year Built 1952 Tax ID/APN Status Active Property Notes Property Description 5 unit mixed use building with 4 studio units, 1 street level commercial space operates as a bar/restaurant, 1 oversized garage with potential to park multiple vehicles. Excellent location on Mission Street, close to transportation and easy access to freeways! Excellent investment! Location Description Excelsior district - address is Mission St., San Francisco - Cross street is Ononodaga

46 Clay St, San Francisco, CA Property Details Price $1,100,000 No. Units 8 Building Size 3,681 SF Price/Unit $137,500 /Unit Property Type Multifamily Property Sub-type Garden/Low-Rise Property Use Type Investment Commission Split 2.25% Occupancy 100% Status Active Property Notes Property Description 8 SRO units with Ground Floor retail in Busy Chinatown location. Currently Cap is negative, but great potential in the future. A seller's carried note for 5 years for $400,000 is transferrable. This property has been retrofitted as per 3 R.Good target for parking your money. Location Description Braodway St turn on Stockton St turn on Clay St.

47 Leavenworth St, San Francisco, CA Property Details Price $8,500,000 No. Units 21 Building Size 11,150 SF Lot Size 3,449 SF Price/Unit $404, /Unit Property Type Multifamily Property Sub-type Mid/High-Rise Property Use Type Investment Commission Split 2.50% Cap Rate 5.24% Gross Rent Multiplier 12 No. Stories 3 Year Built 1910 Tax ID/APN Status Active Property Notes Property Description Highly desirable Nob Hill location. 21 Units Building that offers modern style living. 18 units has been updated recently. Property consist of 14 studios, 6 one bed & one bath, owner's unit has 2 beds & 2 baths with an address of 1031 California St. It has all modern amenities. TIC subdivision approved by DRE. Units can be sold separately. Owner's unit shown in photos. A must seen property. Location Description Leavenworth St., corner California St.