COMMERCIAL-RES INCOME MLS #: APN: Listing Type: CBB$: Address: Status: Sold Price: CBB%: rd Street. San Diego, CA Zip: N NA

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1 COMMERCIAL-RES ICOME MLS #: AP: Listing Type: CBB$: Address: City,St: # of Units: # of Bldgs: rd Street 6 2 ER Present Loan 0 Down Payment Have VRBO Rentals CBB%: Status: Sold Price: 2.50 ACT CVR: San Diego, CA Zip: List Price: Original Price: $1,199,000 DOMLS: 13 MT 13 List Date: 7/29/2017 Short Sale: County: Map Code: $1,199,000 o SanDiego Value of Improv: Price/Unit $199,833 Price/SF of Improvments Gross Equity Motive/Want Sale Virtual Tour Link Entry Only: Lmtd Service: A Lot Size: 1).25- Acres: REMARKS AD SHOWIG IFO Subject property is a 6-unit fully furnished vacation rental. Mixture of studios &1 bedrooms. Rental rates vary from $79 to $150 per night. Kitchens with stainless steel appliances, granite counters, common area laundry, BBQ, large tree shaded patio area. Original house built by Irving Gill in 1877 & other structures added approx Status of permits unknown for 6th unit. Property is fully fenced with combo gate locks & doors. Shown with accepted offer. PLEASE RESPECT TEAT S RIGHTS & DO OT GO O THE PROPERTY. Conf. Remarks: All information contained herein is deemed reliable but not verified. Buyer to verify all information. Monthly rental rolls available in docs section. Seller has booking agent who sets rents & bookings for 10% of gross rents. Guests pay $90 cleaning fee per visit, 12.5% transient tax. Seller has a maid whose gets $90 per turnover & would like to continue on. either broker nor seller makes any guarantees regarding long-term viability of vacation rentals in San Diego. Upside in cost savings & more rentals. Directions To Property: Showing Instructions: MandRem one Known With Accepted Offer Listing Agent: 2nd Agent: Listing Office: LISTIG AGET AD OFFICE IFORMATIO Gregg R euman BRE License#: Caroline Singer Broker ID: Berkshire Hathaway HomeService - Office: Fax: Office: SOLD IFORMATIO Off Market Date: Close of Escrow: Financing: Concessions: Selling Agent: Sale Price: Selling Office: Exp Date: 10/29/2017 Studios 1 BR 2 BR 3 BR # of Stories 2 SFImp 2,185 #Gar Crprts 1 TotPrkg 1 Age 96 Tenant Pays Gas Tenant Pays Water Tenant Pays Electric GEERAL IFORMATIO # Units w/dishwashers 0 # of Units w/refrigerator 6 # of Units w/ranges 6 # of Units w/disposals 0 # of Units w/drapes 6 LotSFApx 4,828 Zoning R-4:MULTIP FldZn Hazard Unknown GeoHaz Hazard Unknown UIT IFORMATIO # of Units (1) 1 # of Units (2) 1 # of Units (3) 1 # of Units (4) 1 # of Units (5) 1 # of Units (6) 1 # of Units (7) # of Units (8) # of Units (9) # of Units (10) BR1 1 BR2 1 BR3 BR4 0 BR5 1 BR6 1 BR7 BR8 BR9 BR10 UntFrn1 Y UntFrn2 Y UntFrn3 Y UntFrn4 Y UntFrn5 Y UntFrn6 Y UntFrn7 UntFrn8 UntFrn9 UntFrn10 Rnt Rnt Rnt Rnt Rnt Rnt Rnt7 Rnt8 Rnt9 Rnt10 RntTtl1 17,463 RntTtl2 17,846 RntTtl3 23,947 RntTtl4 21,441 RntTtl5 31,317 RntTtl6 17,131 RntTtl7 RntTtl8 RntTtl9 RntTtl10 FEATURES Amenities BBQ Construction Lath/Plaster, Stucco Cooling Other Existing Financing Clear Exterior Cable Available, Community Facilities, Part Fenced, Part Landscaped, Wood Fence, Wood Deck Financial Info Source Owner Floor Covering Hardwood, Tile, Wall to Wall Carpet Floors Wood Heating Other/Remarks Laundry Owned Parking Spaces Roof Composition Sales Restrictions Call Agent Special Termite Certificate SqFt Source Tax Record Stories 2 Story Terms Cash, Cash to ew Loan, Owner May Carry 1st Unit Type Other/Remarks The selected view does not have a layout for the current listing's class.<br> Please refer to Paragon Help for more information on setting up a class for custom views.

STADARD MLS # 170039881 Class COMMERCIAL-RES ICOME Type Com-Res Income Zip/Area SA DIEGO (92102) List Price (H) $1,199,000 Address 942 23rd Street Address 2 City San Diego State CA Zip 92102 Status

2 STADARD MLS # Class COMMERCIAL-RES ICOME Type Com-Res Income Zip/Area SA DIEGO (92102) List Price (H) $1,199,000 Address rd Street Address 2 City San Diego State CA Zip Status ACTIVE Sale/Rent For Sale IDX (Y/) Y Keyword 1 1 GEERAL Listing Agent Gregg R euman Co-Listing Agent Caroline Singer Listing Office Berkshire Hathaway HomeService - Office: List Firm Code Street Post Direction Association ID San Diego Association of REALTORS (SDAR) Value Range Pricing? o Map Code Page Map Code Column Map Code Row Map Coordinates Market Area Metro Central County San Diego Assessors Parcel # sysid Max Search Price 1,199,000 Comp. to Buyers Broker $ Comp. to Buyers Broker % 2.50 Variable Commission o Entry Only o Short Sale o Listing Date 7/29/2017 Expiration Date 10/29/2017 # of Units 6 Present Loan 0 Down Payment Assumable Finance 0 Have VRBO Rentals Motive/Want Sale Price/Unit $199,833 SqFt of Improvement 2,185 Gross Equity # of Units (1) 1 # of Bedrooms (1) 1 # of Baths (1) 1.00 Unit Furnished (1) Y Unit Rent (1) 1455 Unit Rent Total (1) 17,463 # of Units (2) 1 # of Bedrooms (2) 1 # of Baths (2) 1.00 Unit Furnished (2) Y Unit Rent (2) 1420 Unit Rent Total (2) 17,846 # of Units (3) 1 # of Bedrooms (3) # of Baths (3) 1.00 Unit Furnished (3) Y Unit Rent (3) 1995 Unit Rent Total (3) 23,947 # of Units (4) 1 # of Bedrooms (4) 0 # of Baths (4) 1.00 Unit Furnished (4) Y Unit Rent (4) 1786 Unit Rent Total (4) 21,441 # of Units (5) 1 # of Bedrooms (5) 1 # of Baths (5) 2.00 Unit Furnished (5) Y Unit Rent (5) 2609 Unit Rent Total (5) 31,317 # of Units (6) 1 # of Bedrooms (6) 1 # of Baths (6) 1.00 Unit Furnished (6) Y Unit Rent (6) 1427 Unit Rent Total (6) 17,131 # of Units (7) # of Bedrooms (7) # of Baths (7) Unit Furnished (7) Unit Rent (7) Unit Rent Total (7) # of Units (8) # of Bedrooms (8) # of Baths (8) Unit Furnished (8) Unit Rent (8) Unit Rent Total (8) # of Units (9) # of Bedrooms (9) # of Baths (9) Unit Furnished (9) Unit Rent (9) Unit Rent Total (9) # of Units (10) # of Bedrooms (10) # of Baths (10) Unit Furnished (10) Unit Rent (10) Unit Rent Total (10) # of Leased Apartments Monthly Rent Total Provided By: Gregg R euman BRE Lic.#: CA

3 GEERAL Other Income Source Other Income Amount Fiscal Year From Fiscal Year To Actual Gross Schd Income 173,000 Actual Other Income 0 Act. Vacancy&Credit Loss 0 Actual Gross Oper Income Actual Operating Expense Actual et Operating Inc 122,098 Actual Total P&I Pay 0 Actual Cash Flow Cap Rate Actual Actual Cash on Cash Gross Multiplier 6.93 Proj. Gross Sched. Income Projected Other Income Proj Vacancy & Credit Los Proj Gross Operating Inc Proj Operating Expense Projected et Income Proj Annual P & I Expense Projected Cash Flow Cap Rate Projected Projected Cash on Cash Proj Gross Multiplier Actual Taxes Expense Actual Ins. F&L Expense Actual Gas & Electric Actual Wtr/Sewer Expense Actual Trash Expense Actual Supplies Expense Actual Maintenance Exp Actual Pest Control Exp. 0 Actual License Expense 0 Actual Gardener Expense Actual Mgr Expense Actual Prop Management Actual Other Expense Actual Total Expense Projected Taxes Expense Projected F&L Ins Expense Projected Gas & Electric Proj Wtr/Sewer Expense Projected Trash Expense Proj Supplies Expense Proj Maintenance Expense Projected Pest Expense Projected License Expense Proj Gardener Expense Projected Manager Expense Proj Prop Management Exp Projected Other Expense Projected Total Expense Assessed Value Improved Price/SF of Improvments 1st Loan Balance 0 Loan 1 Payment 0 1st Loan Interest 0 1st Loan Assumable 0 Loan 1 Balloon 0 Loan 1 Year Due 0 Loan 2 Balance 0 Loan 2 Payment 0 2nd Loan Interest Rate 0 2nd Loan Assumable 0 Loan 2 Balloon 0 Loan 2 Year Due BL Balance BL Payment BL Interest BL Assumable BL Balloon BL Year Due Studios 1 BR 2 BR 3 BR # of Units w/garage # of Carports 1 Parking Spaces Total 1 Tenant Pays Gas Tenant Pays Water Tenant Pays Electric # of Units w/drapes 6 # of Units w/refrigerator 6 # of Units w/ranges 6 # of Units w/disposals 0 # Units w/dishwashers 0 Zoning R-4:MULTIP Lot Dimensions Approx 50x96 Lot SqFt Approx 4,828 Approx # of Acres # of Buildings 2 # of Stories 2 Age 96 Show Phone Accepted Offer Flood Zone Hazard Unknown Geological Hazard Zone Hazard Unknown Lot Size.25 Acres or less Listing Type Exclusive Right (R) Mandatory Remarks one Known Mandatory Remarks for VRP Mandatory Rmks 1stRgt Rfs 1st Right of Refusal Hrs Original Low List Price Variance Variance Comments VOW (Y/) Yes VOW Address Yes AVM (Y/) Yes Allow Comments/Review o Internet Syndication Y/ Yes Internet Address rd Street REALTOR.com (Y/) Yes Off Market Date Virtual Tour Link Virtual Tour Link List Agent Fax PP_Insta PP_Insta Mapping Tax ID Update Date 8/5/2017 Status Date 7/29/2017 HotSheet Date 7/29/2017 Price Date 7/29/2017 List Date Received 7/29/2017 4:15 PM Days On Market 13 Days On MLS 13 Price Per SQFT Internet Address Field Full Address MT 13 Limited Service /A Provided By: Gregg R euman BRE Lic.#: CA

4 GEERAL Enable Showing Scheduling o About Showing Suite FIPS Code List Agent BRE License # Country United States Agent Hit Count 192 Client Hit Count 166 WalkScore 86 Doc Manager 0 Geocode Quality Exact Match With Bing Picture Count 25 Sold Price Per SQFT Supplement This charming 1877 Irving Gill home has Selling Agent 2 BRE # been converted to a 6-unit vacation rental to maximize income stream. It features upgraded kitchens with granite counters, stainless steel appliances. It has hardwood floors, a large ornamental fireplace, one unit has a private deck and the rest have a large rear yard with a tree shaded patio and spacious deck for partying and mingling. Rental rates are low from $79 per night to $150 per night. Presently the owner collects $90 per stay for cleaning and pays a maid that amount to service. The renters also pay the 12.5% Transient rental tax. Lots of upside or convert into monthly rentals. These units will be shown with an accepted offer. o sign on the property and please respect the tenants privacy. Selling Agent BRE # Full Address rd Street Input Date 7/29/2017 4:15 PM Update Date 8/5/2017 2:11 PM Originating System ame Sandicor Co-Listing Office Berkshire Hathaway HomeService - Office: Selling Office 2 List Or Sell Office List Or Sell Firm Selling Agent 2 List Or Sell Agent FEATURES Amenities BBQ Construction Lath/Plaster Stucco Cooling Other Existing Financing Clear Exterior Cable Available Community Facilities Part Fenced Part Landscaped Wood Fence Wood Deck Financial Info Source Owner Floor Covering Hardwood Tile Wall to Wall Carpet Floors Wood Heating Other/Remarks Laundry Owned Parking Spaces Roof Composition Sales Restrictions Call Agent Showing With Accepted Offer Special Termite Certificate SqFt Source Tax Record Stories 2 Story Terms Cash Cash to ew Loan Owner May Carry 1st Unit Type Other/Remarks FIACIAL Associated Document Count 8 Original Price $1,199,000 Pending Date Tax Parcel WalkScore Desc WalkScore Enabled LP/SqFt Sold Price Selling Agent Selling Office SOLD STATUS Sell Firm Code Financing Concessions (Y/) SP$/LP$ Close of Escrow Date How Sold Concessions SP$/SqFt REMARKS Remarks Subject property is a 6-unit fully furnished vacation rental. Mixture of studios &1 bedrooms. Rental rates vary from $79 to $150 per night. Kitchens with stainless steel appliances, granite counters, common area laundry, BBQ, large tree shaded patio area. Original house built by Irving Gill in 1877 & other structures added approx Status of permits unknown for 6th unit. Property is fully fenced with combo gate locks & doors. Shown with accepted offer. PLEASE RESPECT TEAT S RIGHTS & DO OT GO O THE PROPERTY. Provided By: Gregg R euman BRE Lic.#: CA

5 COFIDETIAL REMARKS Confidential Remarks All information contained herein is deemed reliable but not verified. Buyer to verify all information. Monthly rental rolls available in docs section. Seller has booking agent who sets rents & bookings for 10% of gross rents. Guests pay $90 cleaning fee per visit, 12.5% transient tax. Seller has a maid whose gets $90 per turnover & would like to continue on. either broker nor seller makes any guarantees regarding long-term viability of vacation rentals in San Diego. Upside in cost savings & more rentals. ADVERTISIG REMARKS Advertising Remarks 6-unit vacation rental offers good cash flow & potential upside for owner/manager. Presently owners pay for maid service for turn overs at 30K annually, plus $14K booking fees. Good upside for buyer. Located close to downtown San Diego, Gaslamp Quarter, Balboa Park & San Diego Zoo. Historic Irving Gill Home (1877) plus additions. Lot has several tree shaded patio decks both private & common. Presently offering free laundry facilities. Lots of storage under home w/extra bath & work area for staff. DIRECTIOS TO PROPERTY Directions To Property OLD MLS # Old MLS # ADDITIOAL PICTURES Provided By: Gregg R euman BRE Lic.#: CA

6 DISCLAIMER Information is not guaranteed. Copyright SADICOR, Inc. Provided By: Gregg R euman BRE Lic.#: CA

(Y/N) *** Variable Range Listing. # of Units. Present Loan Down Payment Gross Equity Assumable Finance SqFt of Improvement.

(Y/N) *** Variable Range Listing. # of Units. Present Loan *Down Payment *Gross Equity *Assumable Finance *SqFt of Improvement. Paragon Commercial Residential Income Listing Input Form SANDICOR, Inc. *Blue Items are Required. ( # ) denotes Maximum # of Items that can be checked) ***Will populate the Mandated Remarks Field automatically