N PUENTE AVE N PUENTE AVE. Aerial Images (909)

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1 N PUENTE AVE N PUENTE AVE MARK HONG President BRE # Direct (213) x101 Mobile (213) markhong@korusre.com ALISON HAN Managing Director BRE # Direct (213) x107 Mobile (818) alisonhan@korusre.com Aerial Images (909)

2 PROPERTY SUMMARY Freeway Adjacent Development Opportunity Sale $1,800,000 Price: Address: Baldwin Park, CA APN s: & 013 Building Size: Land Size: Land Price: + 5,256 sq ft + 68,384 sq ft $26 per sq ft Built: 1965 Street Frontage: FC (Freeway Commercial) 188 on Dalewood St. Aerial Images (909) MARK HONG President BRE # Direct (213) x101 Mobile (213) markhong@korusre.com ALISON HAN Managing Director BRE # Direct (213) x107 Mobile (818) alisonhan@korusre.com

3 LOS ANGELES DOWNTOWN Aerial Images (909)

4 Aerial Images (909) Aerial Images (909)

5 Subject Property Subject Property

6 PARCEL MAP DEMOGRAPHICS 1 mile radius 3 mile radius 5 mile radius 2012 Total Population: Adults 23, , , Households 7,543 57, , HH Income: Average $63,020 $67,624 $72,169

7 * SUBJECT PROPERTY We make no guaranty as to the accuracy of the above. Opinions and estimates are CBRE's judgment as of the release date, subject to change. Redistribution without our consent is prohibited. This copyrighted report contains research licensed to KORUS Real Estate /14/2014 Page 1

8 Rumford Ave MultiProperty Sale SOLD El Monte, CA Recorded Buyer: Baldwin Park Homes LLC Recorded Seller: McConnell Partners LLC 1773 W San Bernardino Rd West Covina, CA True Buyer: DC Corporation True Seller: McConnell Cabinets, Inc. 08/16/2012 (528 days on mkt) Land Area: $6,200,000 Confirmed Lot Dimensions: $26.16 ($1,139,705.88/AC) Proposed Use: 236,966 SF (5.44 AC) Single Family Development EMM1YY Redevelopment Project , , , , $1,200,000 from Private Lender$1,200,000 from Private Lender$8,400,000 from Partners Capital Soultions Fund, LP Research Status: Confirmed Durfee Ave SOLD South El Monte, CA Recorded Buyer: Sel Homes Llc Recorded Seller: Bettelman Recreation Ents 1773 W San Bernardino Rd West Covina, CA True Buyer: SEL Homes, Inc. True Seller: Bettelman Recreation Enterprises, G.P. 12/09/2012 (590 days on mkt) Land Area: $5,700,000 Confirmed Lot Dimensions: $24.64 ($1,073,446.33/AC) Proposed Use: 231,304 SF (5.31 AC) Office, Retail Down payment of $100,000 (1.8%); $342,000 from Private Lender$5,258,000 from Seller Research Status: Confirmed C Map Page: Thomas Bros. Guide 637C Ramona Blvd Vacant Land SOLD Baldwin Park, CA Recorded Buyer: Jrj Management Llc Recorded Seller: BP Garden LLC 1014 E Las Tunas Dr 9176 Las Tunas Dr San Gabriel, CA Temple City, CA /15/2013 (675 days on mkt) Land Area: $1,400,000 Confirmed Lot Dimensions: $45.36 ($1,975,726.79/AC) Proposed Use: , Down payment of $1,400,000 (100.0%) Research Status: Confirmed 30,928 SF (0.71 AC) 120x260 MultiFamily R3, Baldwin Park We make no guaranty as to the accuracy of the above. Opinions and estimates are CBRE's judgment as of the release date, subject to change. Redistribution without our consent is prohibited. This copyrighted report contains research licensed to KORUS Real Estate /14/2014 Page 1

9 Rowland Ave SOLD El Monte, CA Recorded Buyer: Dw Global Investments, LLC Recorded Seller: Crown City Plating Co Trust 1633 Loma Rd Montebello, CA (562) /16/2013 Land Area: $1,380,000 Confirmed Lot Dimensions: $21.12 ($920,000.00/AC) Proposed Use: 65,340 SF (1.50 AC) EMM2* Down payment of $500,000 (36.2%); $880,000 from Cathay Bank Research Status: Confirmed 5 Santa Anita Ave. C2Zoned Lot SOLD Temple City, CA Recorded Buyer: Fn Property Investments 2 Llc Recorded Seller: Melody Investments Llc 1730 S Sherbourne Dr Los Angeles, CA /30/2013 Land Area: $1,300,000 Approximate Lot Dimensions: $57.07 ($2,486,135.02/AC) Proposed Use: 22,651 SF (0.52 AC) Irregular Unknown C Research Status: Approximate Proctor Ave SOLD La Puente, CA Recorded Buyer: Erica Perez Recorded Seller: Cortez Pallets Services, Inc Almeria Ave Fontana, CA (909) Quail Creek Ln Pomona, CA (626) /28/2012 Land Area: $1,200,000 Full Value Lot Dimensions: $21.72 ($945,999.21/AC) Proposed Use: 55,321 SF (1.27 AC) Industrial LCM1* Research Status: Full Value We make no guaranty as to the accuracy of the above. Opinions and estimates are CBRE's judgment as of the release date, subject to change. Redistribution without our consent is prohibited. This copyrighted report contains research licensed to KORUS Real Estate /14/2014 Page 2

10 Amar Rd SOLD La Puente, CA Recorded Buyer: United Technologies Recorded Seller: Gila Bend Investments LLC Corporation 1 Financial Plz Hartford, CT (860) N Soto St Los Angeles, CA /22/2012 (257 days on mkt) Land Area: $850,000 Full Value Lot Dimensions: $29.57 ($1,287,878.79/AC) Proposed Use: 28,750 SF (0.66 AC) LPC2* , Research Status: Full Value Valley Blvd Llamas Motors SOLD La Puente, CA Recorded Buyer: Ximin Z heng and Ping Chen Recorded Seller: Hector M & Maria Calderon 411 Robbins Dr 4114 Tim St Arcadia, CA Bonita, CA /31/2013 (1039 days on mkt) Land Area: $830,000 Confirmed Lot Dimensions: $27.74 ($1,208,151.38/AC) Proposed Use: Down payment of $830,000 (100.0%) Research Status: Confirmed 30,056 SF (0.69 AC) Irregular Auto Dealership... C3 Map Page: Thomas Bros. Guide 637H E Live Oak Ave SOLD Arcadia, CA Recorded Buyer: Live Oak Development I LLC Recorded Seller: Meeker Family Partners LP 248 E Main St 34 E Live Oak Ave Alhambra, CA Arcadia, CA /20/2013 Land Area: $800,000 Confirmed Lot Dimensions: $44.79 ($1,951,219.51/AC) Proposed Use: 17,860 SF (0.41 AC) Hold for Development... ARC2YY , $400,000 from Cathay Bk Research Status: Confirmed We make no guaranty as to the accuracy of the above. Opinions and estimates are CBRE's judgment as of the release date, subject to change. Redistribution without our consent is prohibited. This copyrighted report contains research licensed to KORUS Real Estate /14/2014 Page 3

11 Trend Report Dollar Volume Average Price Per Acre Average Price Per SF (Land) Legend: Current Survey Sold Transactions Time Interval SemiAnnual Number of Transactions Total Dollar Volume Total Bldg Square Feet Total Land in Acres Total Land in SF Average Price Average Number of SF Average Price Per Bldg SF Median Price Per SF Average Number of Acres Average Number of SF(Land) Average Price Per Unit Median Price Per Unit Average Number of Units Average Price Per Acre Average Price Per SF(Land) Median Price Per Acre Median Price Per SF(Land) Survey Criteria Report Time Frame: 7/1/2012 2/14/2014 6/1/2012 2/14/2014 Sold Transactions 9 $19,660, ,176 $2,184, ,908 $1,190,793 $27.34 $1,202,899 $27.61 basic criteria: Type of Property Land; Sale Date 6/1/2012 2/14/2014; Sale Status Sold; Exclude Non Arms Length Comps Yes geography criteria: Geography User Defined Search additional criteria: * This result set has been amended with criteria to add and/or remove records. We make no guaranty as to the accuracy of the above. Opinions and estimates are CBRE's judgment as of the release date, subject to change. Redistribution without our consent is prohibited. This copyrighted report contains research licensed to KORUS Real Estate /14/2014 Page 1