1032 S BEDFORD STREET LOS ANGELES CA 90035

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1 REET LOS ANGELES CA 9003 UNITS IN THRIVING PICO-ROBERTSON South Beverly Drive, First Floor, Beverly Hills, CA OFFERING MEMORANDUM

2 MARKETING PACKAGE OVERVIEW Our mission PROPERTY SUMMARY PRESENTED BY Eric von Bluecher Investment Associate BRE# direct Property Highlights Property Details Property Location Aerial Photo Parcel Orientation Photography FINANCIALS Financial Overview Rent Roll COMPARABLES Sales Comps Rent Comps South Beverly Drive, First Floor, Beverly Hills, CA 90212

3 ABOUT US OUR WORLD HAS CHANGED AND SO HAS THE BUSINESS OF REAL ESTATE. IT S NOT ENOUGH TO WORK WITH A TYPICAL REAL ESTATE COMPANY. AT CONCORD, WE THINK OF OURSELVES AS YOUR PARTNER - ONE WHO CAN BRING EVERY ASPECT OF YOUR PORTFOLIO TOGETHER UNDER ONE ROOF, COMBINING CORPORATE CAPABILITIES WITH A FAMILY FEEL. CONCORD IS THE EVOLUTION OF REAL ESTATE. WE RE CHANGING THE GAME AND MOVING ABOVE AND BEYOND WHAT YOU VE COME TO EXPECT. THIS IS REAL ESTATE UNIFIED; NEXT-LEVEL SERVICES THAT SEAMLESSLY CONNECT THE DOTS SO YOU DON T HAVE TO. FROM ACQUISITION TO MANAGEMENT TO CONSTRUCTION TO THE DISPOSITION, CONCORD IS ELEVATING YOUR EXPERIENCE EVERY STEP OF THE WAY. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

4 OUR MISSION OUR CLIENTS ENTRUST US WITH SO MANY ASPECTS OF THEIR REAL ESTATE LIFE. OUR MISSION IS TO DUTIFULLY GUIDE THEM, CREATE VALUE AND ACT IN HARMONY WITH THEIR BEST INTEREST. WE PARTNER WITH YOU EVERY STEP OF THE WAY TO ELEVATE YOUR REAL ESTATE EXPERIENCE a different kind of real estate partner.

PROPERTY SUMMARY LOS ANGELES CA 9003 This information has been secured from sources we believe to be reliable, but we make no representations or

5 PROPERTY SUMMARY LOS ANGELES CA 9003 This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

6 PROPERTY SUMMARY PROPERTY HIGHLIGHTS HEADLINE COPY 40% in rental upside Separately metered for gas & electricity Recently remodeled three bedroom unit Remodeled laundry room 92 Walk Score Exceptional units mix of (2) three beds, (2) two beds and one bachelor unit

7 PROPERTY SUMMARY PROPERTY LOCATION 1032 S Bedford St

8 PROPERTY SUMMARY PROPERTY AERIAL

9 PROPERTY SUMMARY PARCEL ORIENTATION

10 PROPERTY SUMMARY PROPERTY PHOTOS

11 PROPERTY SUMMARY PROPERTY PHOTOS

12 PROPERTY SUMMARY PROPERTY PHOTOS

13 FINANCIALS LOS ANGELES CA 9003 This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

14 FINANCIALS FINANCIAL OVERVIEW $2,19,000 INVESTMENT SUMMARY Down Payment: Year Built: Units: Approx. Lot Size: Approx. Bldg. NRSF: Cost per NRSF: Cost per Unit: SCHEDULED INCOME $1,229, % Units,98,276 Sq. Ft. Sq. Ft. UNIT MIX Beds PRO FORMA Rent Monthly 3 2 $2167-$332 $, $3, $6, $1693-$2012 $39.00 $3,70.00 $39.00 $2,60.00 $1,00.00 $, $1,00.00 $ $439,000 $8.90 Expense / Unit: $9,386 CURRENT PRO FORMA : CAP: % % Monthly Gross Income: ROI: 1.18% 4.84% Annual Gross Income: Laundry Income: Scheduled Rent: ANNUAL INCOME $10.00 $9, $10.00 $13,70.00 $9, $13,70.00 $118, $16, ESTIMATED ANNUAL EXPENSES CURRENT $118,632 Less Vacancy Reserve Rate: ($3,9) Gross Operating Income: Less Expenses: $11,073 ($46,932) Net Operating Income: Less Debt Service: $68,142 ($3,673) Pre-Tax Cash Flow: CURRENT Average Monthly 2 Expense / NRSF: Scheduled Gross Income: Baths $14,468 PRO FORMA $16, % 39.6% * ($4,90) * $160,00 ($46,932) ITEM Taxes: 3.00% Insurance: $2, % Utilities: Maintenance & Repairs: $,276 $,872 Professional Mgmt: Misc/Reserves: $4,6 $1,200 $113,119 ($3,673) 1.18% ** $9,44 AMOUNT $27, % Pest: $480 Plus Principal Reduction: $17,46 $17,46 Total Return Before Taxes: $31, % ** $76, % * As a percent of the scheduled gross income. ** As a percent of the down payment FINANCING INFORMATION Price: Down Payment: Loan Amount: $2,19,000 $1,229,200 $96,800 Terms: Interest Rate: Payment: 30 Year Amort. 3.7% For Years $4, Per Month Total Expenses: Expense / NRSF: $46,932 $8.90 Expense / Unit: $9,386 *Buyer to verify and conduct their own due diligence

FINANCIALS RENT ROLL Unit # 1 2 3 4 Unit Type Current Rent Market Rent 2+1.

15 FINANCIALS RENT ROLL Unit # Unit Type Current Rent Market Rent Bachelor 3+2 $2,012 $1,693 $3,32 $39 $2,167 $2,60 $2,60 $3,400 $1,00 $3,400 PARKING INCOME: STORAGE INCOME: LAUNDRY INCOME: $10 $10 MONTHLY TOTAL: $9,886 $13,70 Move-in Date 3/2/1 10/26/00 8/17/16 9/1/03 11/2/12 Size (sf) 1,100 1,100 1, ,300,200 *Approximate Square footage ANNUAL TOTAL: $118,632 $16,000

16 COMPARABLES LOS ANGELES CA 9003 This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

17 COMPARABLES ACTIVE COMPS 1032 S Bedford St Active Comps S Shenandoah St S ALFRED ST S CRESCENT HEIGHTS S WOOSTER ST S DOHENY DR

COMPARABLES ACTIVE COMPS 1032 S Bedford S Street, Los Angeles, CA 9003 Sale

0 1421 S Shenandoah Street, Los Angeles, CA 9003 Sale Price $2,000,000

84 3 1428 S Crescent Heights Blvd, Los Angeles, CA 9003 2 1234 S Alfred

18 COMPARABLES ACTIVE COMPS 1032 S Bedford S Street, Los Angeles, CA 9003 Sale Price $2,19,000,276 SF $ $439, % S Shenandoah Street, Los Angeles, CA 9003 Sale Price $2,000,000 6,894 $ $333, % S Crescent Heights Blvd, Los Angeles, CA S Alfred Street, Los Angeles, CA 9003 Sale Price 1 $2,100, ,39 $321.1 $30, % Sale Price $2,149, ,13 $19.71 $38, % 18.00

0 1122 S Doheny, Los Angeles, CA 9003 Sale Price $3,90,000 10 4,64 $848.

19 COMPARABLES ACTIVE COMPS 1032 S Bedford S Street, Los Angeles, CA 9003 Sale Price $2,19,000,276 SF $ $439, % S Doheny, Los Angeles, CA 9003 Sale Price $3,90, ,64 $ $39, % S Wooster Street, Los Angeles, CA 9003 Sale Price $2,499,000,2 $40.11 $499, % 18.66

20 COMPARABLES SALES COMPS S Bedford St 4 Sales Comps S Robertson Hi Point St S Wooster St Rexford Dr # S Holt Ave #

COMPARABLES SALES COMPS 1032 S Bedford S Street, Los Angeles, CA 9003

0 Sale Price 33 21 144 HI Point Street, Los Angeles, CA 9003 Sale Price

67 $26,20.00 4.46% 14.9 $3,20,000 8,20 $88.77 $406,20.00 4.92% 13.

21 COMPARABLES SALES COMPS 1032 S Bedford S Street, Los Angeles, CA 9003 Sale Prices $2,19,000,276 SF $ $439, % 18.0 Sale Price HI Point Street, Los Angeles, CA 9003 Sale Price S Robertson Blvd, Los Angeles, CA 9003 $2,00, ,760 $ $26, % 14.9 $3,20,000 8,20 $88.77 $406, % S Wooster Street, Los Angeles, CA 9003 Sale Price $3,76, ,916 $ $313, % 18.23

0 1444 S Holt Ave #1, Los Angeles, CA 9003 Sale Price $1,67,000 6 6,714 $249.

22 COMPARABLES SALES COMPS 1032 S Bedford S Street, Los Angeles, CA 9003 Sale Price $2,19,000,276 SF $ $439, % S Holt Ave #1, Los Angeles, CA 9003 Sale Price $1,67, ,714 $ $279, % Rexford Dr #1, Los Angeles, CA 9003 Sale Price $2,318, ,240 $371.8 $386, % 19.3

23 COMPARABLES RENT COMPS S Bedford St Sales Comps S CLARK DR S BEDFORD ST S LA PEER DR 4 10 SHENANDOAH ST # S OAKHURST DR CORNING ST S HOLT AVE #2 6 8

COMPARABLES RENT COMPS 1 1114 S Clark Dr, Los Angeles, CA

24 COMPARABLES RENT COMPS S Clark Dr, Los Angeles, CA 9003 RENT UNIT TYPE 3 $3,80 3 Bedroom/2 Bath 1131 S La Peer Dr, Los Angeles, CA 9003 RENT UNIT TYPE $3,00 2 Bedroom/2Bath S Bedford St, Los Angeles, CA 9003 RENT UNIT TYPE. $3,600 3 Bedroom/2 Bath 4 10 Shenandoah St #4, Los Angeles, CA 9003 RENT UNIT TYPE. $2,900 3 Bedroom/2 Bath

25 COMPARABLES RENT COMPS 1139 S Oakhurst Dr, Los Angeles, CA 9003 RENT UNIT TYPE Corning St, Los Angeles, CA 9003 $2,900 2 Bedroom/1Bath RENT UNIT TYPE. 114 S Holt Ave #2, Los Angeles, CA 9003 RENT UNIT TYPE $1,60 Studio. $4,30 3 Bedroom/2 Bath

Eric von Bluecher BRE# 01926201 D: 310-900-90

26 Eric von Bluecher BRE# D: South Beverly Drive, First Floor, Beverly Hills, CA OFFERING MEMORANDUM

744 S. RIDGELEY DRIVE LOS ANGELES CA 90036

744 S. RIDGELEY DRIVE LOS ANGELES CA 90036 6 French Normandy Style Units in Prime Miracle Mile on a large R4 lot www.concord-re.com hello@concord-re.com 310.551.0660 449 South Beverly Drive, First Floor,