11500 S. VERMONT AVE. LOS ANGELES, CA 90044

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1 OFFERING MEMORANDUM $2,200, S. VERMONT AVE. LOS ANGELES, CA MEDICAL / OFFICE / DEVELOPMENT POTENTIAL OWNER-USER OPPORTUNITY - MTM TENANCY 1

2 This Memorandum ( Offering Memorandum ) has been prepared by Hudson Commercial Partners, Inc. based on information that was furnished to us by sources we deem to be reliable. No warranty or representation is made to the accuracy thereof; subject to correction of errors, omissions, change of price, prior sale, or withdrawal from market without notice. This Memorandum is being delivered to a limited number of parties who may be interested in and capable of purchasing the Property. By its acceptance hereof, each recipient agrees that it will not copy, reproduce or distribute to others this Memorandum in whole or in part, at any time, without the prior written consent of Hudson Commercial Partners, Inc., and it will keep permanently confidential all information contained herein not already public and will use this Confidential Memorandum only for the purpose of evaluating the possible acquisition of the Property. This Memorandum does not purport to provide a complete or fully accurate summary of the Property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information, which prospective buyers may need, or desire. All financial projections are based on assumptions relating to the general economy, competition and other factors beyond the control of the Owner and, therefore, are subject to material variation. This Memorandum does not constitute an indication that there has been no change in the business or affairs of the Property or the Owner since the date of preparation of this Memorandum. This Memorandum is being delivered by Hudson Commercial Partners, Inc.to prospective purchasers with the understanding that all prospective purchasers will conduct their own independent investigation of those matters, which they deem appropriate in order to evaluate this offering. Additional information and an opportunity to inspect the site will be made available to interested and qualified prospective purchasers. Hudson Commercial Partners, Inc. reserves the right to request the return of any or all of the information enclosed. 2

3 TABLE OF CONTENTS SECTION ONE 04 EXECUTIVE PROFILE SECTION TWO 10 PROPERTY INFORMATION 2014 Hudson Partners, Inc. & BRC Advisors. The information contained in this document has been obtained from sources believed reliable. While Hudson Partners, Inc. & BRC Advisors does not doubt its accuracy, Hudson Partners, Inc. & BRC Advisors has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors, which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Hudson Partners, Inc. & BRC Advisors and the Hudson Partners, Inc. & BRC Advisors logos are service marks of Hudson Partners, Inc. & BRC Advisors and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. 3

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5 SECTION 1 EXECUTIVE OVERVIEW 5

6 OFFERING OVERVIEW Hudson Partners and BRC Advisors have been exclusively retained to market a contiguous three property portfolio of medical and general office buildings, situated at the corner of Vermont Avenue and West 115th street. The first building is Vermont, a mixed-use corner property with a single-tenant on a master lease. This corner building has 4 apartment units on the upstairs portion, with a unit mix (1) 2 bd +1 1/2 ba, (3) 1 bd + 1 ba and the ground-floor is currently a dispensary. The middle building is two-story medical property, consisting of four month-to-month tenants which includes a 2,500lb and 16 person capacity elevator. The third structure is a free-standing dental building and is approximately 1,088 SF. There is plenty of parking and all the buildings have excellent ingress/egress from Vermont Ave. and 115th Street, which are separated by City owned alley. This opportunity is adjacent to the Metro Station (Vermont/Athens) and rapid bus transit, along with a massive pending multi-family project immediately to the south. (see page 15) Nestled between the northwest interchange of the 110 and 105 freeways, immediately next to Vermont/Athens Metro Station. Just 0.8 miles west of this development site is the campus of Los Angeles Southwest College, walking distance away and 1.5 miles away from Chester Washington Golf Course. PROPERTY HIGHLIGHTS 0.8 Miles away- Los Angeles Southwest College Adjacent to Metro Station / Rapid Bus Transit Next to Rapid Bus Transit 90% Financing Available (SBA) MTM Tenancy Development Opportunity 6 - BRC ADVISORS & HUDSON PARTNERS, INC.

7 OFFERING INFORMATION DESCRIPTION SPECS PROPERTY INFORMATION PRICE $2,200,000 TOTAL BUILDING SIZE 14,906 SF TOTAL LOT SIZE 23,886 SF LEASE TYPE / TERM PARCEL NUMBER PARKING Modified Gross/MTM , , , Spaces PARKING RATIO 3.29 / 1,000 SF LOT DIMENSIONS STREET FRONTAGE 95 x 140 & 40 x on Vermont Ave 270 on 115th St. HIGHWAY ACCESS 105 and 110 Freeway YEAR BUILT 1954 & 1955 ZONING C1-1VL / R1-1 BRC ADVISORS & HUDSON PARTNERS, INC. - 7

8 RENT ROLL - MONTH-TO-MONTH TENANCY # TENANT SQUARE FOOTAGE MONTHLY RENT RENT PSF LEASE TYPE LEASE START LEASE EXPIRES OPTION Vermont Very Caring Wellness, LLC 2,949 SF $3,750 $1.27 Modified Gross 08/01/2015 1/31/2018 None Vermont Floor 2 4 Apt Units 3 (1+1), 1 (2+1/2) 2,949 SF $3,750 $1.27 Modified Gross 08/01/2015 1/31/2018 None Vermont Suite A Calvary Medical Clinic Inc 1,700 SF $1,700 $1.00 Modified Gross 07/01/2005 Month-to-Month None Vermont Suite A1 Drew PC Group 50 SF $100 $2.00 Modified Gross 04/01/2012 Month-to-Month None Vermont The Vidal Woman s Medical Clinic 3,000 SF $3,000 $1.00 Modified Gross 02/01/2012 Month-to-Month None Vermont Suite C Vacant 1,585 SF $1,071 $0.68 Modified Gross Vermont Suite D Vacant 1,585 SF $0 $0 Modified Gross Vermont Dentist 1,088 SF $1,000 $0.92 Modified Gross 06/01/2015 Month-to-Month None 14,906 SF $14,371 AVG. PSF $172,452 $ BRC ADVISORS & HUDSON PARTNERS, INC.

9 USER OCCUPANCY COSTS 10% DownPayment / scenario SUMMARY TERMS PRICE $2,200,000 DOWN PAYMENT (10%) $220,000 GROSS SQUARE FEET 14,906 SF PRICE PER FOOT ON BUILDING $ ESTIMATED ANNUALIZED USER OCCUPANCY COSTS DESCRIPTION ESTIMATED PSF OPERATING EXPENSES TAXES (1.192%) $27,500 $1.84 INSURANCE $6,708 $0.45 LOT SIZE 23,886 SF UTILITIES $25,340 $1.70 PRICE PER FOOT ON LAND $92.10 YEAR BUILT 1954 & 1955 ZONING C1-1VL / R1-1 LOAN ASSUMPTIONS SUMMARY TERMS LOAN AMOUNT $1,980,000 REPAIRS & MAINTENANCE $15,000 $1.01 CAPITAL RESERVES/MISC $3,727 $0.25 TOTAL OPERATING EXPENSES $78,275 $5.25 DEBT SERVICE $131,714 $8.84 LOAN TYPE SBA TOTAL OCCUPANCY COSTS $209,989 $14.09 BLENDED SBA RATE 4.5% BLENDED AMORTIZATION 25 Years MONTHLY PSF (before tax advantages of ownership) $17,499/MO $1.17 PSF BRC ADVISORS & HUDSON PARTNERS, INC. - 9

10 LOS ANGELES SOUTHWEST COLLEGE MILES AWAY FROM SUBJECT PROPERTY

11 SECTION 2 PROPERTY INFORMATION

12 3 COMMERCIAL BUILDING SEPERATE PARCELS 12 - BRC ADVISORS & HUDSON PARTNERS, INC.

13 PLAT MAP PARKING LOT BRC ADVISORS & HUDSON PARTNERS, INC. - 13

14 AERIAL OVERVIEW 14 - BRC ADVISORS & HUDSON PARTNERS, INC.

15 UNDER CONTRACT - ADJACENT MEGA HOUSING PROJECT BRC ADVISORS & HUDSON PARTNERS, INC. - 15

16 JAY MARTINEZ Managing Principal Ventura Blvd., Suite 310 Tarzana, CA Cal BRE: CONTACT CELL PHONE PHONE FAX WEBSITE ELIZABETH CLARK Senior Vice President 9301 Wilshire Blvd., Suite 206 Beverly Hills, CA Cal BRE: CONTACT CELL PHONE PHONE FAX BRC ADVISORS & HUDSON PARTNERS, INC. WEBSITE