Four Units in Alhambra 705 S Almansor St. Alhambra, CA Accelerating success. 1

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1 100% COMPLETELY REMODELED Four Units in Alhambra 705 S Almansor St. Alhambra, CA Accelerating success. 1

2 2 705 S Almansor St.

3 EXCLUSIVELY LISTED BY: Accelerating success. Contents Table Of THE PROPERTY & OPPORTUNITY...5 THE FINANCIALS... 9 PAT SWANSON Senior Vice President Mobile: Direct: pat.swanson@colliers.com Lic#: BRETT BAYLESS Senior Investment Associate Mobile: Direct: brett.bayless@colliers.com Lic#: BRENDEN FELIX Senior Associate Mobile: Direct: brenden.felix@colliers.com Lic#: LIAM SKELLY Sales Associate Mobile: Direct: liam.skelly@colliers.com Lic#: BRIANA CORNELL Marketing Coordinator Direct: briana.cornell@colliers.com CHRISTINA SAAS Client Services Specialist Direct: christina.saas@colliers.com Lic#: Notary Commission #: Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and /or its licensor(s) All rights reserved. 3

4 Disclaimer Colliers International Greater Los Angeles, Inc., dba Colliers International (COLLIERS) has been retained by the Owner on an exclusive basis to act as agent with respect to the potential sale of (the Property). The Owner has directed that all inquiries and communications with respect to the contemplated sale of the Property be directed to COLLIERS. COLLIERS has available for review certain information concerning the Property which may include brochures, operating statements, financial information and other materials (collectively Informational Materials). The Potential Purchaser acknowledges that the information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from COLLIERS and should not be made available to any other person or entity without the written consent of COLLIERS. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. COLLIERS has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, COLLIERS has not verified, and will not verify, any of the information contained herein, nor has COLLIERS conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. The Potential Purchaser hereby indemnifies and saves harmless COLLIERS, Pat Swanson, Brett Bayless, and the Owner and their respective affiliates and successors, and assigns against and from any loss, liability or expense, including attorney s fees, arising out of any (1) breach of any of the terms of this Disclaimer by the Potential Purchaser or any Related Party, and (2) claim or claims by Potential Purchaser or any of their representatives for commissions, fees and other compensation for the sale or proposed sale of the Property to the Potential Purchaser. Potential Purchaser will be responsible for any and all commissions, fees and other compensation to be paid to the Potential Purchaser s Broker. The Potential Purchaser acknowledges that the Property has been offered for sale, subject to withdrawal from the market, change in offering price, prior sale or rejection of any offer because of the terms thereof, lack of satisfactory credit references of any prospective Purchaser or for any other reason, whatsoever, without notice. The Potential Purchaser acknowledges that the Property is being offered without regard to race, creed, sex, religion, or national origin. Owner is an intended third party beneficiary of the terms of this Agreement. COLLIERS has been retained as Sales Advisor by the Owner. Prospective Purchasers and their brokers (if any) will be bound by the terms of this Disclaimer, which are agreed upon prior to the distribution of or review of the following information. 4

5 Property The & Opportunity 5

6 The Property & Opportunity OFFERING SUMMARY SUGGESTED PRICE:...$1,398,888 TOTAL UNITS:...4 PRICE PER UNIT:...$349,722 PRICE / SQ. FT. BLDG:...$555 PRICE / SQ. FT. LOT:...$187 CAP ACTUAL / PRO FORMA: % / 4.19% GRM ACTUAL / PRO FORMA: / YEAR BUILT: / 2017 BUILDING SF:...2,522 Est. LAND SF:... 7,499 Est. PARKING:...Garages & Street UNIT MIX:...One (1) - 2 Bed / 1 Bath & Three (3) - 1 Bed / 1 Bath PROPERTY DESCRIPTION PRIDE OF OWNERSHIP!!! Not only is this complex located in one of the best areas of Alhambra (directly across the street from Alhambra Golf Course), this Four (4) Plex was completely remodeled down to the studs within the last three years. Upgrades include, but are not limited to; New Roof, Plumbing, Electrical, Tankless Water Heaters, Appliances, Central A/C, W/D Hookups for each unit, all New Kitchens and Bathrooms, all in a Secured Gated Parking and Living Environment. This property is in Brand New Condition. Please drive by only and do not disturb the tenants. LOCATION DESCRIPTION Located in the western San Gabriel Valley region of Los Angeles County, Alhambra is approximately eight miles from the Downtown Los Angeles civic center. It is boarded by South Pasadena on the northwest, San Marino on the north, San Gabriel on the east, Monterey Park on the south, and Monterey Hills and El Sereno on the west. Transpiration options are endless with the 10 and 710 freeways running through the city, as well as public transportation provided by the Los Angeles County Metro and Alhambra Community Transit. The city s top employers are the Alhambra Unified School District, the Los Angeles County Department of Public Works and Southern California Edison. HIGHLIGHTS > Pride of Ownership Investment > Remodeled Down to the Studs Within the Last. 3 Years > New Roof, Electrical, Plumbing, Central AC,. Tankless Water Heaters, and Much More! > Across the Street From Alhambra Golf Course > Trophy Property in a Trophy Location 6 Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and /or its licensor(s) All rights reserved.

7 The Property & Opportunity E Mission Road Corto Street Park Street Alhambra Golf Course S Almansor Street S Sierra Vista Avenue E Los Higos Street E Adams Street Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and /or its licensor(s) All rights reserved. 7

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9 Financials The 9

10 The Financials 4 UNITS IN ALHAMBRA - RENT ROLL # UNITS UNIT TYPE EST. SQ. FT. CURRENT MARKET RENTS 705 S Almansor St., Alhambra, CA A 1 Bedroom / 1 Bath 575 $1,600 $1,650 2B 1 Bedroom / 1 Bath 575 $1,585 $1,650 3C 1 Bedroom / 1 Bath 575 $1,600 $1,600 4D 2 Bedroom / 1 Bath 797 $1,885 $2,100 TOTALS: 2,522 $6,670 $7,000 Plus RUBS: Optional Optional Plus Other Income (Pets, Parking Space) - $100 TOTAL MONTHLY INCOME $6,670 $7,250 Annualized x 12 x 12 TOTAL ANNUAL INCOME $80,040 $87,000 November, Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and /or its licensor(s) All rights reserved.

11 The Financials 4 UNITS IN ALHAMBRA - OPERATING STATEMENT PROPERTY INCOME ACTUAL INCOME PRO FORMA INCOME Gross Scheduled Monthly Rental Income: $6,670 $7,000 Annualized: x 12 x 12 Gross Scheduled Annual Rental Income: $80,040 $84,000 Less Physical Vacancy: $(2,401) 3% $(2,520) 3% Gross Operating Income: $77,639 $81,480 Plus RUBS: Optional $1,800 Plus Laundry & Garage: - $1,200 Total Gross Income: $77,639 $84,480 PROPERTY EXPENSES ACTUAL EXPENSE PRO FORMA EXPENSE Less Property Taxes: % $(16,493) $(16,493) Less Tax Assessments: Estimated $(1,131) $(1,131) Less Insurance: $300/Unit $(1,200) $(1,200) Less Water: $550/Unit $(2,200) $(2,200) Less Common Electric: $50/Mth $(600) $(600) Less Repairs & Maintenance: $500/Unit $(2,000) $(2,000) Less Turnover: $250/Unit $(1,000) $(1,000) Less Landscape: $100/Mth $(1,200) $(1,200) LESS TOTAL EXPENSES: $(25,823) 33% $(25,823) 31% NET OPERATING INCOME: $51,815 $58,657 Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and /or its licensor(s) All rights reserved. 11

12 The Financials 4 UNITS IN ALHAMBRA - OFFERING SUMMARY PRICING SUMMARY: Suggested Price: $1,398,888 $ / UNIT $349,722 Actual Cap Rate 3.70% Pro Forma Cap Rate 4.19% Actual GIM Pro Forma GIM $ / SF (Building): $555 $ / SF (Lot): $187 PROPERTY SUMMARY: Units: 4 Year Built: 1951 / 2017 Parking: Building Square Feet: Lot Square Feet Approx: Type Of Buildings: Roof Structure: Unit Mix: Garages & Street 2,522 (Estimated) 7,499 (Estimated) Garden Style Pitched One (1) - 2 Bed / 1 Bath & Three (3) - 1 Bed / 1 Bath 12 Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and /or its licensor(s) All rights reserved.

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14 Accelerating success. PAT SWANSON Senior Vice President Mobile: Direct: Lic# BRETT BAYLESS Senior Investment Associate Mobile: Direct: Lic# LIAM SKELLY Associate Mobile: Direct: Lic# COLLIERS INTERNATIONAL 3 Park Plaza, Suite 1200 Irvine, CA Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and /or its licensor(s) All rights reserved.