COMMERCIAL REAL ESTATETRIPLEX & SINGLE FAMILY RESIDENCE ON ONE LOT

Joshua Johnson (2) 1+1 / (1) 2+1 / (1) SFR 2+1Managing Director

Direct: 310-499-2808 NEWER WINDOWS

Mobile: 310-420-8404

Fax: 310-499-2796 NEWER EXTERIOR PAINT & STUCCOjosh@powerpropertygrp.com

CA DRE License #01824930 COPPER PLUMBING (TRIPLEX)

UPGRADED ELECTRICAL SUBPANEL & WIRING (2 UNITS)

GARAGE (2) & GATED PARKING (3)

SEPARATELY METERED FOR GAS & ELECTRICITY

INDIVIDUAL WATER HEATERS

www.powerpropertygrp.com

MULTI-FAMILY INVESTMENT OPPORTUNITY4 UNITS - LOS ANGELES

6306-08 SOUTH VERMONT AVENUE | LOS ANGELES, CA 90044

EXCLUSIVELY OFFERED AT: $795,000

8885 Venice Blvd. Suite #205

Los Angeles, CA 90034

CA DRE Broker License #01866167

POWER PROPERTIESINVESTMENT HIGHLIGHTS

Multi-Family - Pricing/Financial Analysis

MOVE IN LEASE CURRENT RENTAL

UNIT # UNIT TYPE DETAILS DATE TERM RENT UPSIDE

6306 1+1 Section 8 8/14/2017 Month to Month * $1,230.00 1.6%

6306 1/2 2+1 0 4/10/2014 Month to Month * $1,048.17 43.1%

6308 1+1 Section 8 4/16/2015 Month to Month * $901.00 38.7%

6308 1/2 SFR 2+1 Section 8 11/15/2006 Month to Month * $1,365.00 28.2%

*Conservative re-rental amount

*Contract Rent of $425

SCHEDULED RENTAL INCOME (MONTHLY): $4,544.17

SCHEDULED RENTAL INCOME (ANNUALLY): $54,530.04 26.5%

RENT SCHEDULE

6306-08 S. Vermont Ave., Los Angeles, CA 90044

MARKET

RENT

$1,750.00

$1,250.00

$1,500.00

$1,250.00

This information has been secured from sources we believe to be reliable, however we make no representations or warranties, expressed or implied, as to its accuracy or completeness. References to SF, age, unit layout, unit condition, move in date, lease term, last increase date, next increase date, tenant name(s), number of tenants on lease, current

rent, market rent, asking rent and rental upside are approximate. © 2020 JRJ of PPG

$5,750.00

$69,000.00

Joshua JohnsonManaging Director

Direct: 310-499-2808

josh@powerpropertygrp.comCA DRE License #01824930

Price: Property 6306-08 S. Vermont Ave.

Down Payment: Address: Los Angeles, CA 90044 No. of Units:

Price per Unit: APN: 6004-017-021 Building Size:

Price per SF: Zoning: LAC2 Lot Size:

Price per SF Lot Size: Usage: Quadruplex Year Built:

Current GRM: Loan Amount:

Current Cap Rate: Type/Term/Amortization:

Current Cash Flow % (Pre-Tax): Interest Rate:

Pro Forma GRM: Monthly Payment:

Pro Forma Cap Rate: Yearly Payment:

Pro Forma Cash Flow % (Pre-Tax): Debt Coverage Ratio / %: /

Rental Upside: Lender:

Scheduled Gross Income:

Less Vacancy & Credit Losses:

Effective Gross Income:

Less Operating Expenses:

Net Operating Income:

Less Loan Payments:

Cash Flow (Pre-Tax):

Plus Principal Reduction:

Total Return (Pre-Tax):

Property Taxes (1.25% x Sales Price)

Insurance ($.50/sq. ft.)

Maintenance & Repair (5%)

Water/Sewer ($410 x 6 months)

Grounds Maintenance ($60/month)

Pest Control ($38/month)

RSO Registration & SCEP Fees

Expense Cushion (2% of SGI)

0

0

0

0

Scheduled Rental Income:

Additional Income (Laundry): Total Expenses:Additional Income (Pass Thru): Per Building Size SF:

Total Monthly Income: Per Unit:

Annual Scheduled Gross Income: % of EGI:

This information has been secured from sources we believe to be reliable, however we make no representations or warranties, expressed or implied, as to its accuracy or completeness. References to square footage, year built, proforma calculations, rental upside, financing terms, income, vacancy & credit loss, expenses, cash flow, total return, unit mix & market rents are approximate. Potential financing terms are being issued subject to an inspection of the property, a completed loan application from a qualified borrower, an appraisal of the property, and approval by loan committee. This is not a commitment to lend, and Recipient(s) should contact its own lender or mortgage broker to confirm loan availability and pricing. Potential financing terms are time sensitive and subject to change without notice. Recipient(s) must consult with appropriate professionals to verify all the information above and bears all risk for any

inaccuracies. © 2020 JRJ of PPG

CA DRE Broker License #01866167

8885 Venice Blvd. Suite #205

Los Angeles, CA 90034

$4,563 $5,750 $4,744

$54,752 $69,000 35.91%

$0 $0 $18,975 100%

$19 $0 $7.31

$0 0%

$4,544 $5,750

$0 0%

0 0 #DIV/0! $0 $0 $0 $0 0%

0 0 #DIV/0! $0 $0 $0

$1,095 6%

0 0 #DIV/0! $0 $0 $0 $0 0%

0 0 #DIV/0! $0 $0 $0

$456 2%

0 0 #DIV/0! $0 $0 $0 $271 1%

1 SFR 2+1 $1,365 $1,365 $1,750 $1,750

$2,460 13%

1 2+1 $1,048 $1,048 $1,500 $1,500 $720 4%

2 1+1 $1,066 $2,131 $1,250 $2,500

$1,298 7%

Units Type Rent Totals Rent Totals $2,738 14%

# of Unit Average Monthly Average Monthly

SCHEDULED INCOME EXPENSES

CURRENT MARKET $9,938 52%

5.03%

$7,974 $7,974

$9,495 3.41% $21,963 7.89%

$33,869 $46,337

$32,347 $32,347

$1,521 0.55% $13,989

$52,844 $66,309

$18,975 34.66% $19,972 28.95%

$54,752 $69,000

$1,909 3.50% $2,691 3.90%

26.5% JPMorgan Chase Seller

OPERATING DATA

CURRENT PRO FORMA

5.83% $32,347 $6,000

5.03% 1.05 96% None

0.55% 4.75% 6.00%

11.52 $2,696 $500

14.58 $516,750 $100,000

4.26% 30 Year Fixed / 30 / 30 5

$103.18

VALUE INDICATORS FINANCING TERMS: FIRST TRUST DEED SECOND TRUST DEED

1930 & 1952

Los Angeles Office

$198,750 2,595

$306.36 7,705

MULTI-FAMILY / PRICING & FINANCIAL ANALYSIS

PRICING SUMMARY PROPERTY DESCRIPTION

$795,000

35% $278,250 4

Multi-Family - Property Description

INVESTMENT HIGHLIGHTS

TRIPLEX & SINGLE FAMILY RESIDENCE ON ONE LOT

(2) 1+1 / (1) 2+1 / (1) SFR 2+1

NEWER WINDOWS

NEWER EXTERIOR PAINT & STUCCO

COPPER PLUMBING (TRIPLEX)

UPGRADED ELECTRICAL SUBPANEL & WIRING (2 UNITS)

GARAGE (2) & GATED PARKING (3)

SEPARATELY METERED FOR GAS & ELECTRICITY

INDIVIDUAL WATER HEATERS

TENANTS PAY FOR TRASH REMOVAL

UPSIDE IN RENTS (25%+)

STRONG RENTAL DEMAND AREA

SECTION 8 INCOME

PROPERTY DESCRIPTION

AREA DESCRIPTION

Power Properties is offering for sale this four unit apartment building consisting of two 1+1s, one 2+1 and one detached 2+1. Upgrades to the property include newer windows, exterior paint and stucco, copper plumbing (front triplex), newer roof (rear detached 2+1) and updated electrical in two units. The property has gated parking for the front three units and a two car garage for the rear unit. Expenses are minimal as the buildings are separately metered for gas & electricity, each unit has an individual water heater and trash removal is paid for by the tenants.

INVESTMENT OVERVIEW

6306-08 S. Vermont Ave., Los Angeles, CA 90044

The subject property is located just south of Gage Avenue in the neighborhood of Vermont-Slauson. One development slated for the immediate area will be a 4.2 acre mixed-use project at the northeast corner of Vermont Avenue and Manchester Avenue consisting of a 50,000 square foot transit plaza, 180 residential units, a public college preparatory boarding school to train students for jobs in transportation with 200 dorm rooms and 20 faculty apartments, a parking structure for 380+ vehicles and 50,00 square feet of commercial space which will include a grocery store, bank, restaurants and shops.

This information has been secured from sources we believe to be reliable, however we make no representations or warranties, expressed or implied, as to its accuracy or completeness. References to square footage, year built, unit mix, value indicators, proforma calculations & rental upside are approximate. Highlights, property description and area description were compiled through a site survey and information provided by the Seller. Recipient(s) must verify the information and bears all risk for any

inaccuracies. A physical inspection, examination of public records and complete review of property books and records is strongly recommended. © 2020 JRJ of PPG

Multi-Family - Maps

AERIAL PHOTOS

6306-08 S. Vermont Ave., Los Angeles, CA 90044

This information has been secured from sources we believe to be reliable; however we make no representations or warranties, expressed or implied, as to its accuracy or completeness. Recipient(s) must verify the information and bears all risk for any inaccuracies. This map should not be relied upon to establish the exact location of property lines or the location of any feature in relation to this property line. To establish these with certainty, the recipient(s) must enlist the

services of a professional surveyor registered to practice in the same state as the subject property. © 2020 JRJ of PPG

Multi-Family - Maps

MAPS

6306-08 S. Vermont Ave., Los Angeles, CA 90044

This information has been secured from sources we believe to be reliable; however we make no representations or warranties, expressed or implied, as to its accuracy or completeness. Recipient(s) must verify the information and bears all risk for any inaccuracies. This map should not be relied upon to establish the exact location of property lines or the location of any feature in relation to this property line. To establish these with certainty, the recipient(s) must enlist the

services of a professional surveyor registered to practice in the same state as the subject property. © 2020 JRJ of PPG