Portfolio of 6 Multi-Unit Properties

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1 Portfolio of 6 Multi-Unit Properties PORTFOLIO SUMMARY PROPERTY PRICE San Francisco 561 Fell St $1,750, Union St $2,400, Union St $2,350, Union St $2,350, Sutter St $6,650, Hayes St $7,650,000 BRE#

2 Hayes Valley 4 Unit Apartment Building Fell Buchanan Street 2-story building, 4 1bd/1ba units, 2 units remodeled Building size: 3,150 sq. ft. Lot size: 2,055 sq. ft. Garage - 4 car - tandem Year built: 1885 Zoning: RH3 APN: Construction: wood New roof as of 2/2017 Financing: $1,033,000 First Republic Bank 3.85% for 4 yrs % prepay penalty

3 Hayes Valley 4 Unit Apartment Building Unit 563

4 Hayes Valley 4 Unit Apartment Building Unit 565

5 Hayes Valley 4 Unit Apartment Building Fell Buchanan Street Income: $114,012 Projected Income: $178,500 Unit Unit type Approx Sq. Ft. Current Market **561 1bd/1ba 675 $1,200 $3,800 *563 1bd/1ba 550 $3,582 $3,525 *565 1bd/1ba 675 $4,148 $4,050 **567 1bd/1ba 550 $571 $3,500 Total $9,501 $14,875 *Units completely remodeled. **Protected Tenants Projected Expenses w/o Taxes: $9,120 Insurance: $3,000 Repairs & Maintenance: $2,200 Water: $1,620 Garbage: $1,800 Code Compliance: $500

6 4 Unit Building Telegraph Hill Union Sonoma Street 2-story building, 2 2bd/1.5ba, 1 studio and 1 office space common area laundry room Building size: 3,559 sq. ft. Lot size: 2,156 sq. ft. Construction: wood Foundation: concrete Zoning: RH-3 Year built: 1906 APN:

7 4 Unit Building Telegraph Hill Union Sonoma Street Income: $100,944 Projected Income: $153,600 Unit Unit Type Current Market 418A 2bd/1.5ba $1,679 $4, B studio $1,605 $1, C 2bd/1.5ba $3,228 $4, office $1,900 $1,900 Total $8,412 $12,800 Expenses w/o Taxes: $11,598 Insurance: $3,500 PG&E: $876 Water: $2,484 Garbage: $2,500 Fire Alarm Compliance: $438 Maintenance & Repairs: $1,800

8 6-Unit Apartment Building 472 Union Grant Avenue 3-story, 6-unit building, 3 1bd/1ba, 3 2bd/1ba Building size: 3,925 sq. ft. Lot size: 1,581 sq. ft. Construction: wood Parking: garage, 2-car Zoning: RH-3 Year built: 1900 APN:

9 472 Union Grant Avenue 6-Unit Apartment Building Income: $42,012 Projected Income: $246,900 Unit Unit Type Current Market 472 # 1 2bd/1ba $937 $3, # 2 2bd/1ba vacant $3, # 3 2bd/1ba $1,243 $3, Nobles #1 1bd/1ba $570 $3, Nobles #2 1bd/1ba vacant $3, Nobles #3 1bd/1ba $751 $3,100 Garage 2 car $775 Total $3,501 $20,575 Expenses w/o Taxes: $8,430 Property tax 1.188% of sales price Insurance: $ PG&E: $144 Water/Sewer: $2,820 Garbage: $2,514 Janitorial: $1,680 Management Fees:: $6,000 Repairs & Maintenance: $7,635

10 6-Unit 5 Residential + 1 Commercial 478 Union Grant Avenue 3-story, 6-unit building, 1 studio, 2 1bd/1ba, 2 2bd/1ba, 1 commercial Building size: 3,312 sq. ft. Lot size: 1,581 sq. ft. Construction: wood Zoning: NO BEACH Year built: 1923 APN:

11 6-Unit 5 Residential + 1 Commercial 478 Union Grant Avenue Income: $153,480 Projected Income: $218,400 Unit Unit Type Approx Sq. Ft. Current Market *478 Commercial 600 $2,500 $2, bd/1ba $292 $3, bd/1ba $2,089 $3,500 5 Nobles studio $1,209 $2,000 7 Nobles 1bd/1ba $3,200 $3,200 *9 Nobles 1bd/1ba $3,500 $3,500 Total $12,790 $18,200 *Units currently vacant Expenses w/o Taxes: $6,743 Property tax 1.188% of sales price Insurance: $ Water/Sewer: $2,400 Garbage: $1,751 Janitorial: $842 Management Fees: $6,240 Repairs & Maintenance: $4,526

12 13-Unit Apartment Building 2737 Sutter Presidio Avenue 3 story building, 5-2 bd/2ba, 7-2bd/1ba and 1-1bd/1ba Building size: 10,191 sq. ft. Lot size: 5,103 sq. ft. Year built: 1905 APN: Zoning: RH-3 Common areas completely redone, new paint, new roof & new windows 3 units fully renovated

13 2737 Sutter Presidio Avenue 13-Unit Apartment Building Income: $414,408 Projected Income: $544,260 Unit Unit Type Sq. Ft. Lease Start Current Market 1 2bd/1ba /05/90 $1,174 $3, bd/2ba /06/17 $3,495 $3, bd/1.5ba /19/17 $3,250 $3, bd/2ba w/office /01/17 $4,495 $4, bd/2ba /27/17 $3,650 $3, bd/1ba /21/84 $1,182 $3, bd/1ba /24/17 $3,395 $3, bd/2ba /01/14 $3,663 $3, bd/1ba /31/12 $1,109 $3,395 *10 2bd/1ba /01/14 $1,800 $3, bd/2ba /29/16 $3,674 $3, bd/1ba /01/82 $1,147 $3, bd/1ba w/deck 700 vacant *$2,500 $2,500 Total $34,534 $45,355 *Section 8 tenant **Projected rent, unit currently vacant

14 2737 Sutter Presidio Avenue 13-Unit Apartment Building Expenses: $61,292 Taxes: 1.2% of sales price Insurance: $4,000 PG&E: $5,000 Water: $18,000 Trash: $2,000 Code Compliance: $867 Intercom: $975 Cable/Internet: $1,680 Contracts: $3420 Repairs & Maintenance: $6,750 Management Fees: $18,600

15 12-Unit Apartment Building 957 Hayes Fillmore Street 3-story, 12-unit building Year built: 1900 Construction: Wood Foundation: Masonry Building size: 14,400 sq. ft. Lot size: 6,883 sq. ft. Zoning: RM-1 APN#:

16 957 Hayes Fillmore Street 12-Unit Apartment Building Annual Income: $465,936 Projected Income: $651,120 Unit Unit Type Move- In Date Current Market 1 2bd/1ba 10/1/16 $2,500 $3, bd/3ba 4/01/17 $6,950 $6, bd/1ba 4/17/98 $633 $3, bd/2ba 8/19/16 $4,645 $4, bd/1ba 4/24/94 $1,356 $3, bd/1ba 9/20/03 $1,878 $3, bd/2ba 3/25/16 $4,798 $4, bd/1ba 12/9/10 $2,303 $3, bd/2ba 11/1/13 $5,099 $4, bd/1ba 5/22/95 $1,479 $3, bd/2ba 8/12/16 $4,645 $4, bd/1ba 12/1/10 $2,292 $3,995 Storage $0 $0 Laundry $250 $250 Total $38,828 $54,260 Expenses w/o Taxes: $44,384 Property tax 1.2% of sales price Insurance: $ PG&E: $1,800 Scavenger: $5,100 Water: $7,800 Pest: $1,800 Janitorial: $1,900 Repairs & Maintenance: $6,000 Management Fees: $22,200