1100 NORTH VERDUGO ROAD

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1 MULTIFAMILY PROPERTY FOR SALE PRESIDENT CHIEF OPERATING OFFICER SALES ASSOCIATE O: X155 C: O: C: O: C: BRE # BRE # BRE #

2 EXECUTIVE SUMMARY OFFERING SUMMARY Sales Price: $1,650,000 Number Of Units: 4 Cap Rate: 3.85% NOI: $63,587 Lot Size: 7,245 SF Year Built: 1948 PROPERTY OVERVIEW Outstanding opportunity to own a beautiful 4 unit complex in an excellent location in Glendale; very large units featuring and 2-1+1; 3 of the 4 units have been remodeled with granite countertops, stainless steel appliances and crown molding; 3 of the 4 units have central HVAC and the remaining unit has window AC; all units have hardwood floors; 5 garage parking spaces; the building has been upgraded with dual pane, energy efficient windows; the attic has been insulated and the landscaping has a drip irrigation system; PLEASE DO NOT DISTURB OCCUPANTS! DISCLAIMER: All information provided herein together with any projections or other data has been furnished from sources which we deem reliable, but for which we assume no liability, expressed or implied. Interested parties are to conduct independent investigation and verification of all information including but not limited to 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, any party s intended use or any and all other matters. Building Size: Zoning: 4,122 SF R2250 LOCATION OVERVIEW Located just south of Glendale Community College on Verdugo Road Price/SF: $ APN: RANDYS@ KHONS@ MRHEE@

3 RENT ROLL UNIT NUMBER UNIT BED UNIT BATH LEASE START LEASE END CURRENT RENT MARKET RENT SECURITY DEPOSIT /14/16 5/31/18 $2, $2, $2, /15/16 5/31/18 $2, $2, $2, /7/16 9/30/18 $1, $1, $1, /1/03 mo-to-mo $1, $1, $ Totals/Averages $7,650 $8,450 $6,950 RANDYS@ KHONS@ MRHEE@

4 INCOME & EXPENSES INCOME SUMMARY CURRENT PER SF PROFORMA PER SF Rental Income $91,800 $22.27 $101,400 $24.60 Laundry Income $600 $0.15 $600 $0.15 Gross Income $92,400 $22.42 $102,000 $24.75 EXPENSE SUMMARY CURRENT PER SF PROFORMA PER SF Pest Control $600 $0.15 $600 $0.15 Landscaping $1,200 $0.29 $1,200 $0.29 Repairs and Maintenance $2,000 $0.49 $2,000 $0.49 Insurance $1,945 $0.47 $1,945 $0.47 Utilities $2,755 $0.67 $2,755 $0.67 Property Taxes (1.25%) $20,313 $4.93 $20,313 $4.93 Gross Expenses $28,813 $6.99 $28,813 $6.99 Net Operating Income $63,587 $15.43 $73,187 $17.76 The Income & Expenses depicted herein represent estimated operating statements for both Current and Proforma Income & Expenses. Actual operating statements for calendar year 2016 and year-to-date 2017 will be presented with an accepted offer.

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10 MULTIFAMILY PROPERTY FOR SALE DEMOGRAPHICS POPULATION 1 MILE 2 MILES 3 MILES Total population 28, , ,969 Median age Median age (male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 2 MILES 3 MILES Total households 11,449 43,350 78,759 # of persons per HH Average HH income $80,728 $71,289 $74,292 Average house value $602,021 $547,134 $582,235 * Demographic data derived from 2010 US Census RANDY STEVENSON KRIS HONS MARK RHEE O: X155 C: RANDYS@ O: C: KHONS@ O: C: MRHEE@