8 Large Units- Inner Sunset st Avenue San Francisco, CA Below Market Price: $3,880,000 Introducing For more information about this fabulous opportunity: Please call Fred Lewis at (209) Visit Or  4 of 8 Units are Substantially Rehabilitated  31%+ or $96,552 Annual Upside in the Rents  Clear Section 1 and Section 2 Pest Clearances  Across the Street from Golden Gate Park  Constructed in 1960  Great Add Value Investment

st Ave. San Francisco, CA Complex Description: This property at st Avenue is made up of 4 large one-bedrooms and 4 large two-bedrooms. The building was originally constructed in 1960, 4 of the units have been substantially renovated with hardwood floors, cherrywood cabinets, granite countertops, tile backsplashes, tile tub surrounds, kitchen and bathroom tile floors, new windows and window coverings tastefully painted, and appliances. There are eight covered parking spaces at the property, for the residents. The exterior of the complex is tastefully painted (with colors selected by color consultant Bob Buchter) on the inside and outside, with new floor coverings throughout the common areas. Approximately $100,000 of exterior and common area improvements have been spent and not passed through to the current residents. The units are all separately metered for gas and electricity. This is a well maintained property, professionally managed for 30+ years previous to this owner. Tenant Description: There are 4 tenants who have very low rent. I believe 4, 5, and 8 can be bought out for the right price. One apartment has an illegal subtenant about whom have been notified. Pest clearance: There is a clear Section 1 and Section 2 Pest Clearance on the subject property. The property is clean as a whistle. Location: Across the street from Golden Gate Park. Walk to food choices, groceries, banking, de Young Museum, California Academy of Sciences, bus lines! APN Lot 049, Block This 6,478 square foot (4) two- bedroom, (4) one-bedroom multi-family home sits on a 4,499 square foot lot and features (8) bathrooms. Nearby schools include Jefferson Elementary School, Woodside International School and St Anne Elementary School. The closest grocery stores are Wah Sing Supermarket, New May Cheung Co and 22 nd & Irving Market. Nearby coffee shops include Tpumps, Wonderful Foods Co and Sunrise Deli. Nearby restaurants include Sun Maxim’s, Shangrila Vegetarian Restaurant and Ronley’s Jewelers st Avenue is also near Golden Gate Park, Green Hairstreak Corridor – Aloha & Lomita and Grand View Park. There are excellent bike lanes and the terrain is flat as a pancake st Avenue is very “bikeable”— biking is convenient for most trips. Soft-story: The building is a Tier Three, soft-story building, and is expected to cost approximately $10,000 per unit to reinforce the building. This is required to be completed by September 15, Commission: Owner is a Principal and not a Broker. A selling commission of $120,000 will be paid for the procurement and actual consummation of the transaction. If a buyer is procured and the sale is not consummated for any reason a commission will not be due or payable. Since owner has not owned property stabilized for more than 1 year, the above income and expenses are only estimates. Although the information contained herein is deemed reliable, no representations of any kind, expressed or implied, are being made as to the accuracy of such information. All of the data in this prospectus are estimates and approximations to include square footage. Any prospective purchaser and their tax and legal advisor should carefully verify all information contained herein and conduct an independent investigation. Seller bears no liability of any errors, inaccuracies or omissions. Price:$3,880,000Market Cash on Cash:7.5% Capitalization Rate:3.7%Market Cap. Rate:6.2% Gross Rent Multiplier:17.89%Market GRM:12.38% Down Payment:$1,552,000Cost per Unit:$485,000 Assessor’s Parcel #’s

Summary Rent Roll Property Address: st Ave. San Francisco, CA Unit Move-inCurrentMarket #MixDateRent 12/111/01/90 $ 1,213 $ 3,495 22/107/01/15 $ 3,495 31/112/04/14 $ 2,495 $ 2,995 41/101/14/13 $ 2,008 $ 2,995 52/109/14/94 $ 1,219 $ 3,495 62/112/04/14 $ 3,052 $ 3,495 71/112/05/14 $ 2,495 $ 2,995 81/101/09/10 $ 1,437 $ 2,995 Laundry $ 150 8UnitsMonthly $ 17,564 $ 26,110 Annually $ 210,768 $ 313,320 PROPERTY BREAKDOWN Property Value: $ 3,880,000=$485,000 Per Unit Property Sq Ft:6,478=$ Per Sq. Ft Existing GRM:18.41 Market GRM:12.38 Existing Cap:3.6% Market Cap:6.2% Upside in Rents:33% Market Cash on Cash7.6% Since owner has not owned property stabilized for more than 1 year, the above income and expenses are only estimates. Although the information contained herein is deemed reliable, no representations of any kind, expressed or implied, are being made as to the accuracy of such information. All of the data in this prospectus are estimates and approximations to include square footage. Any prospective purchaser and their tax and legal advisor should carefully verify all information contained herein and conduct an independent investigation. Seller bears no liability of any errors, inaccuracies or omissions.

Sales Comparables Subject Property Address st Ave. # of Units 8 Unit Mix 4-1/1 4-2/1 Sales Price $ 3,880,000 Cost Per Unit $ 485,000 Building Size 6,478 Cost Per Foot $ GRM CAP 3.6% Close of Escrow Active Fulton St /1 $ 2,700,000 $ 675,000 4,525 $ %5/22/ th St /1 $ 2,500,000 $ 625,000 2,444 $ 1, %3/13/ Camino Del Mar 77-1/1 $ 4,200,000 $ 600,000 9,192 $ %3/5/ Hayes St /2 $ 2,125,000 $ 531,250 6,501 $ %1/6/ Eureka St /1 $ 1,855,000 $ 463,750 3,000 $ %2/12/ CA St /1 $ 1,820,000 $ 455,000 3,450 $ Vacant 1/20/ Burnett Ave. 6 1-S/1 5-2/1 $ 2,610,000 $ 435,000 6,441 $ %6/15/2015 Since owner has not owned property stabilized for more than 1 year, the above income and expenses are only estimates. Although the information contained herein is deemed reliable, no representations of any kind, expressed or implied, are being made as to the accuracy of such information. All of the data in this prospectus are estimates and approximations to include square footage. Any prospective purchaser and their tax and legal advisor should carefully verify all information contained herein and conduct an independent investigation. Seller bears no liability of any errors, inaccuracies or omissions.

Rental Rate Comparables Surveyed Property1 Bedrooms2 Bedrooms st Ave. San Francisco, CA $1,437-2,495$1,213-3,495 8 Locksley Ave. San Francisco, CA$3, Bryant St. #202 San Francisco, CA$3,700 8 Locksley Ave. San Francisco, CA$3, nd St. San Francisco, CA$3, th St. San Francisco, CA $6, Carolina St. San Francisco, CA $5, st St. San Francisco, CA $5, Florida St. San Francisco, CA $5,000 Liberty Church St. San Francisco, Ca $4, York St. San Francisco, CA $3,950 11th Judah San Francisco, CA $3,700 Since owner has not owned property stabilized for more than 1 year, the above income and expenses are only estimates. Although the information contained herein is deemed reliable, no representations of any kind, expressed or implied, are being made as to the accuracy of such information. All of the data in this prospectus are estimates and approximations to include square footage. Any prospective purchaser and their tax and legal advisor should carefully verify all information contained herein and conduct an independent investigation. Seller bears no liability of any errors, inaccuracies or omissions.

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