526 N L St. FOR SALE 6 Units in Lompoc LOMPOC, CA PROPERTY DETAILS EXECUTIVE SUMMARY

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1 FOR SALE 6 Units in Lompoc STEVEN R. BATTAGLIA steve@battagliare.com License # N L St LOMPOC, CA 6-Plex with generously sized units. Unit mix includes (4) 3Bed/2Bath and (2) 2Bed/2Bath units. Downstairs units have private patios, while upstairs units have tall, open beam ceilings. All units have dual pane windows and are separately metered for electricity and gas. Property also features a common area laundry room with 2 washers and 2 dryers, included in the sale. Property is located near schools, shopping, and the Lompoc Aquatic Center. EXECUTIVE SUMMARY Price: $875,000 Units: 6 Gross Income: $76,920 GRM: 11.4 CAP: 5.79% PROPERTY DETAILS Unit MIx: (4) 3Bed/2Bath, (2) 2Bed/2Bath Building Size: ±4,926 SF Lot Size: ±6,969 SF (Tax Records) Year Built: 1965 Laundry: Common Room, 2/2 Owned APN: Zoning: R3 The information contained in this flyer has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinion, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. CSO: 2.5%

2 Lompoc Subject

3 Rent Roll Actual Unit Bed Bath Floor Estimated Unit Size Rent per Month $/SF Market Rent Security Deposit Lease Start Lease Termination A 3 2 Downstairs 842 SF Y Y Y Y Y $1,100 $1.31/SF $1,200 $ 1, /1/2017 Month to Month Guest Bath Remodel Remodel Master Bath Tile Flooring Open Beam Clg Pvt Back Patio Sep Mtr Gas Sep Mtr Elec B 3 2 Upstairs 842 SF Y Y Y $1,100 $1.31/SF $1,200 $ 1, /1/2016 Month to Month C 3 2 Downstairs 915 SF Y Y Y Y Y $1,100 $1.20/SF $1,250 $ 1, /1/2017 Month to Month D 3 2 Upstairs 915 SF Y Y Y Y $1,100 $1.20/SF $1,250 $ /1/2017 Month to Month E 2 2 Downstairs 706 SF Y Y Y $800 $1.13/SF $1,000 $ /1/2010 Month to Month F 2 2 Upstairs 706 SF Y Y Y $800 $1.13/SF $1,000 $ /1/2017 Month to Month 4,926 SF $6,000 $6,900 $ 5, Subject

4 Floor Plans First Floor Second Floor

5 Unit Mix and Rent Schedules Calculation # Approx Rent/ Monthly Rent/ Monthly Units Mix Unit Size Unit Income Unit Income EOI 2 3/2 842 SF $1,100 $2,200 $1,200 $2,400 Annual Exp. 2 3/2 915 SF $1,100 $2,200 $1,250 $2, /2 706 SF $800 $1,600 $1,000 $2,000 NOI $74,612 $23,951 $50,661 $85,088 $24,685 GRM CAP Rate 5.79% 6.90% Financing Laundry $410 $410 Monthl Executive Summary Gross Monthly Income $6,410 $7,310 Amount Term Rate y Pmt # Units: 6 1st TD $875,000 $612,500 Initial Investment: $262,500 less vacancy, losses 3% $2,308 2,632 % Down Payment 30% $612,500 Effective Operating Income (EOI) $74,612 $85,088 $612,500 Debt Service Ratio: 1.28 Price/Unit: $145,833 Annual Expenses Before Tax Cash Flow (BTCF) NOI: $50,661 GRM: 11.4 %EOI NOI $50,661 CAP Rate: 5.79% Real estate taxes 1.17% $10, % $10,238 Annual Loan Pmt $39,456 Building Area: 4,926 SF Licenses $35 0.0% $35 Cash Flow $11,205 Building Price/SF: $178/SF Insurance $1, % $1,906 Cash on Cash 4.27% Lot Size SF: 6,969 SF Utilities (total) $4, % $4,200 Year Built 1965 Electric $300 $300 Zoning R3 Gas $300 $300 After Tax Cash Flow (ATCF) Price: Gross Annual Income $76,920 $87, Yrs 5.00% $3,288 $39,456 $30,625 Est. Total Loans: $3,288 $39,456 $30,625 The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinion, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. In addition, this is not a formal appraisal and is not to be used for the purpose of financing. Dir Fax Water/Trash/Sewer $3,600 $3,600 NOI Maint/ Repairs $850/Unit $5, % $5,100 Depreciation Interest Exp. Off-site Management 7% $5, % $5,956 Taxable Income 0.4 Resident Manager n/a 0.0% $0 ATCF Return Pest Control Est $ % $400 Legal & Accounting Est. $ % $750 Net Equity Income Reserves $200/Unit $1, % $1,200 ATCF Equity Buildup Annual Expenses $23, % $24,685 Equity Income Annual Expenses per Unit $3,992 $4,114 Overall Return $50,661 -$22,273 -$30,625 -$2,237 $872 $12, % $12,077 $8,831 $20,908 Annual Pmt $39,456 $20, % -$22,273 -$30,625 $7,506 -$2,927 $18, % $18,020 $8,831 $26, % 10.23% Annual Interest