OMAR TING ADAM PETERSON

Senior Associate- Multi-Family, & Land Specialist Senior Associate

Phone: 818.760.1018 x247 Fax: 818.760.1038 Phone: 818.760.1018 x230 Fax: 818.760.1038
Contact Omar Ting or Adam Peterson for complete information on any of the following opportunities or to be added or removed from this list

October 15, 2007 – October 29, 2007

Exclusive Listings
1101-1107 Waterloo Street Los Angeles, CA 90026 10 Units
1101-1105 ½ Waterloo Street – 7 Bungalow-Style Apartment Units
These seven units are arranged into three separate bungalow-style, single-story structures. The unit mix consists of six one-bedroom/one-bath
units, and one single (bedroom is combined with living space, but kitchen is a separate room). Renters are willing to pay a premium for
“bungalow-style” units (compare with 1+1 apartment units nearby) because of the privacy and convenience—each tenant is essentially renting
his/her own small home and is able to park directly in front of their unit. Each bungalow unit has either its own private front or back yard. All
seven units have separate front and rear entrances.

Bungalow Amenities: The tenants share a common laundry room at the rear of the property, which provides the landlord with approximately
$250 per month of income. The entire property is fully gated with two cast iron swinging gates providing vehicle access. As a potential future
upgrade, the buyer could motorize these gates to provide additional convenience for tenants. The only utility paid by the owner is water, which
keeps total operating expenses low. Additionally, the entire property boasts numerous mature cypress, palm, and other desirable trees.

1107 & 1107 ½ Waterloo Street – Large House & Small House
1107 Waterloo is a large 5-bedroom/2-bath house which operates as a duplex (but legally listed as a single unit). Downstairs is a 2-bed/1-bath
unit that has front and rear entrances, washer and dryer, kitchen, and a large private, gated front yard. Upstairs is a 3-bed/1-bath unit, which
also has its own washer and dryer, and kitchen. Access to this unit is from the stairs located at the rear of the house. Combined rent is $4,000
for the house.

1107 ½ Waterloo is a small, private 1-bed/1-bath house located in the rear of the property; the house has a kitchen and its own washer and
ST
dryer. $1,700,000 GET OFFER IN SOON, LIKELY TO GO UNDER CONTRACT LAST WEEK OF OCT, OR 1 WEEK OF NOV. 2007

249 East Vernon Avenue Los Angeles, CA 90011 26 Units

The Vernon is your bread-and-butter bricker (5.5% cash-on-cash return). It is comprised of twenty-one singles and five one-bedroom/one-
bathroom units for a total of twenty-six units. The property generates $150 per month of billboard revenue; as one of the main feeders onto the
110 Freeway, Vernon Avenue is one of the busiest streets in this area of Los Angeles. The roof is approximately five years old and the majority
of the plumbing remains galvanized. Approximately nine of the twenty-six units have been renovated; the current owner has turned the units as
they are vacated. The main entrance has also been re-tiled. The landlord enjoys low vacancy rates and is able to fill units quickly due to the
building’s high visibility on Vernon Ave.

The Vernon is offered at a current CAP rate of 6.56% and GRM of 8.41. The upside in rental income is approximately 21% (assuming $850
and $950 per month for the singles and 1+1’s respectively). Cash flow for the new buyer is 5.5% (assuming a 50% down payment and 6.5%
fixed APR amortized over 30 years).

Additionally, there is an extra-large basement with kitchen facilities (size of basement is roughly the same size as the first floor footprint) that is
currently unused. The basement can potentially be used as storage or rented on a per-day basis for birthday parties or gatherings. We have not
reflected this as potential rent on the setup page. $1,900,000

1155 West 27th Street Los Angeles, CA 90007 5 Units

North University Park Historic USC Student Housing Building located between Hoover and Magnolia. This five-unit building is comprised of one
4-unit building on the front (South) of the property, and one 1-unit building at the back (North). Each of the 4-units in the front house is 3-
bedrooms/1-bathroom. The rear unit is a 1-bedroom/1bathroom apartment. This property features 13 total bedrooms. Every unit has a living
room, dining room, kitchen, small laundry room, and separate front and rear entrances. The 1-bed/1-bath unit rests atop 4 garages used for
storage. There is a driveway leading to a paved lot behind the building allowing parking for 2 to 4 cars depending on the owner's preferred
configuration. $1,175,000 UNDER CONTRACT
OMAR TING ADAM PETERSON
Contact Omar Ting or Adam Peterson for complete information on any of the following opportunities or to be added or removed from this list

October 15, 2007 – October 29, 2007

Recent Sales
Year Price/ CAP Price/
Property Address Price Built Units Unit Unit Mix Rate GRM Sq. Ft. Sq. Ft. COE
Downtown
269 S La Fayette Park Pl. $40,100,000 n/a 268 $149,627 n/a 4.16% 12.58 n/a $180.81 6/27/2007
224 S Occidental Blvd. $720,000 1941 6 $120,000 1(sng) 4(1+1) 1(2+1) 6.05% n/a 4,635 $155.34 6/28/2007
625 Bixel St. $3,995,000 1928 77 $51,883 76(0+1) 1(1+1) 6.20% 8.12 20,764 $192.40 7/11/2007
134 S. Bonnie Brae $2,075,000 1957 26 $79,808 18(0+1) 8(1+1) n/a n/a 15,282 $135.78 7/19/2007
313 S. Rampart Blvd. $1,435,000 1923 19 $75,526 18(0+1) 1(1+1) 7.40% 9.72 11,000 $130.45 7/23/2007
274 S. La Fayette Park Pl. $18,027,000 1972 117 $154,077 3(sng) 105(1+1) 9(2+2) 3.90% 10.14 71,835 $250.95 8/8/2007
438 S. Rampart Blvd. $1,200,000 1922 16 $75,000 14(0+1) 2(1+1) n/a n/a 9,248 $129.76 8/14/2007
227 S. Carondelet St. $1,650,000 1993 10 $165,000 2(1+1) 6(2+2) 2(3+2) 3.50% 15.09 8,750 $188.57 8/22/2007
229 S. Westlake Ave. $790,000 1926 12 $65,833 12(1+1) 6.80% 10.90 6,150 $128.46 9/25/2007
508 Union Dr. $1,457,000 1924 24 $60,708 19(0+1) 5(1+1) 5.40% 9.56 13,422 $108.55 10/11/2007
Silverlake/ Echo Park
3455 La Clede Ave. $950,000 1964 7 $135,714 6(1+1) 1(2+1) 4.20% 15.73 4,986 $190.53 6/6/2007
1519-1525 Griffith Park Bl. $4,000,000 1929 32 $125,000 17(0+1) 15(1+1) n/a n/a 27,584 $145.01 6/13/2007
1680 Griffith Park Blvd. $1,700,000 1920 8 $212,500 4(1+1) 4(2+2) 5.90% n/a 6,164 $275.79 6/13/2007
117 N. Toluca St. $840,000 1912 12 $70,000 7(0+1) 5(1+1) n/a n/a 6,702 $125.34 7/6/2007
4041 Baywood St. $860,000 1963 8 $107,500 5(1+1) 3(2+1) 6.00% n/a 5,500 $156.36 7/31/2007
1915 Santa Ynez St. $865,000 1908 10 $86,500 10(sng) n/a n/a 5,001 $172.97 8/1/2007
742 Maltman Ave. $1,334,750 1962 6 $222,458 2(1+1) 4(2+1) 5.00% 12.22 6,548 $203.84 8/28/2007
1648 Edgecliffe Dr. $1,250,000 1962 7 $178,571 2(2+2) 5(2+1) 3.80% 14.98 4,862 $257.10 9/28/2007
Koreatown
519 S Gramercy Pl. $6,300,000 1986 40 $157,500 9(sng) 28(1+1) 3(2+2) n/a n/a 30,866 $204.11 6/4/2007
1237 Magnolia Ave. $1,280,000 1965 9 $142,222 1(sng) 2(1+1) 5(2+1) 1(3+2) 6.90% 10.00 6,800 $188.24 6/14/2007
1617 S Hoover St. $1,832,000 1929 21 $87,238 20(sng) 1(2+1) n/a n/a 8,791 $208.39 6/14/2007
708 S. Oxford Ave. $2,700,000 1964 20 $135,000 8(1+1) 12(2+1) n/a n/a 13,748 $196.39 6/15/2007
515 S. Hobart Ave. $3,650,000 1981 11 $331,818 10(2+2) 1(3+4) 3.30% 17.82 16.368 $223.00 6/21/2007
128 S. Mariposa Ave. $2,875,000 1964 27 $106,481 26(1+1) 1(2+2) 4.70% 11.76 19,255 $149.31 7/3/2007
823 S. Oxford Ave. $1,680,000 n/a 16 $105,000 16(1+1) n/a n/a 12,804 $131.21 7/9/2007
4851 Beverly Blvd. $1,055,000 1949 6 $175,833 2(1+1) 4(2+1) n/a n/a 13,760 $76.67 7/16/2007
423 S. Hoover Ave. $2,715,000 1964 24 $113,125 6(0+1) 12(1+1) 6(2+1) 5.40% 11.40 19,000 $142.89 7/17/2007
851 S. Kenmore Ave. $2,399,000 1939 32 $74,969 32(1+1) 6.90% 10.42 11,923 $201.21 7/24/2007
538 S. Normandie Ave. $6,625,000 1941 40 $165,625 40(sng) 4.20% n/a 13,158 $503.50 7/25/2007
532 N. Juanita Ave. $1,690,000 1984 12 $140,833 4(1+1) 8(2+1) n/a n/a 10,460 $161.57 7/31/2007
825 S. Ardmore Ave. $1,980,000 1989 10 $198,000 4(1+1) 6(2+1) n/a n/a 10,312 $192.01 8/8/2007
936 Elden Ave. $850,000 1909 5 $170,000 5(1+1) n/a 15.45 4,225 $201.18 8/16/2007
345 S. Alexandria Ave. $23,350,000 1989 104 $224,519 32(1+1) 72(2+2) 3.90% 14.44 97,036 $240.63 8/16/2007
968 S. Harvard Blvd. $665,000 1960 6 $110,833 5(1+1) 1(2+1) 4.4% 13.00 3,980 $167.09 8/17/2007
3051 Leeward Ave. $4,050,000 1926 47 $86,170 47(1+1) n/a n/a 21,784 $185.92 8/22/2007
744 S. Catalina St. $3,750,000 1927 40 $93,750 40(1+1s & 1+0s) n/a n/a 22,796 $164.50 8/22/2007
711-721 S. Harvard Blvd. $3,500,000 1964 26 $134,615 26(0+0) 3.90% 15.60 11,498 $304.40 8/23/2007
3700 W. 1st St. $1,000,000 1949 12 $83,333 4(0+1) 8(1+1) 4.40% n/a 6,336 $157.83 8/24/2007
849 S. Harvard Blvd. $2,965,000 1988 15 $197,667 6(1+1) 9(2+2) n/a 14.38 10,844 $273.42 8/28/2007
534 S. Oxford Ave. $3,066,000 1989 20 $153,300 20(1+1) 4.90% n/a 14,787 $207.34 9/5/2007
240 S. Western Ave. $6,500,000 1925 60 $108,333 57(0+0s & 0+1s) 3(1+1) 7.80% 8.82 44,988 $144.48 9/13/2007
722 S. Ardmore Ave. $7,200,000 1960 38 $189,474 5(0+1) 27(1+1) 6(2+2) n/a n/a 25,288 $284.72 9/14/2007
827 S. Wilton Pl. $1,750,000 1986 18 $97,222 18(1+1) n/a n/a 12,406 $141.06 9/19/2007
450 S. Manhattan Pl. $1,500,000 1953 12 $125,000 4(0+1) 7(1+1) 1(2+1) 5.30% 12.80 9,216 $162.76 9/19/2007
120 S. Oxford Ave. $1,195,000 1957 9 $132,778 7(1+1) 2(2+1) 4.30% 14.50 8,078 $147.93 9/21/2007
701 S. Hobart Blvd. $4,700,000 1962 17 $276,471 2(1+1) 15(2+2) n/a n/a 29,793 $157.76 9/24/2007
5044 Maplewood Ave. $1,078,000 1961 8 $134,750 6(1+1) 2(2+2) n/a n/a 9,398 $114.71 9/28/2007
130 N. Westmoreland Ave. $2,200,000 1926 24 $91,667 12(0+1) 12(1+1) 7.50% n/a 18,013 $122.13 10/4/2007
USC
1550 W. 22nd Pl. $507,000 1922 6 $84,500 n/a 5.60% 14.70 2,453 $206.69 7/27/2007
 OMAR TING ADAM PETERSON
Contact Omar Ting or Adam Peterson for complete information on any of the following opportunities or to be added or removed from this list

October 15, 2007 – October 29, 2007

Available Properties
Year CAP $/ Sq.
Notes
Property Address Price Built Units $/ Unit Unit Mix Rate GRM Sq. Ft. Ft.
Downtown
1454 W. 3rd St. $2,250,000 1922 27 $83,333 24(sng) 3(1+1) 5.30% 10.64 13,440 $167.41Separately Metered, Refurb. Roof
309 S. Westlake Ave. $2,250,000 1924 30 $75,000 30(sng) 6.42% 8.61 17,598 $127.86Master Metered Gas & Electricity, Laundry
406 S. Coronado St. $1,289,000 1922 13 $99,153 12(sng) 1(bch) 6.90% n/a 6,250 $206.24Plumbing & Electrical Upgrades
508 S. Park View $1,295,000 1922 18 $71,944 2(1+1) 16(sng) 5.14% 10.13 11,659 $111,07Plenty of Upside, Convenient Location
366 S. Columbia Ave. $915,000 1958 9 $101,667 8(1+1) 1(sng) 5.20% 12.60 5,608 $163.16Good Upside
241 Westlake Ave. $950,000 1955 8 $118,750 7(1+1) 1(2+1) 6.00% 11.40 5,586 $170.06Separately Metered, Laundry
211 S. Carondelet St. $800,000 1925 6 $133,333 4(1+1) 2(2+1) 4.00% 15.08 5,410 $147.87Separately Metered, Common Area
1331 Albany St. $1,400,000 1924 20 $70,000 20(sng) 5.70% 9.84 9,088 $154.05High Area Demand for Singles
520 S. Rampart Blvd. $920,000 1922 8 $115,000 1(stu) 3(1+1) 1(1+2) 3(2+1) n/a 12.03 7,866 $116.96Good Location, Some Renovation
1545-1559 W. 12th St. $1,398,000 1920 8 $174,750 n/a n/a n/a 3,744 $373.40New Paint and Landscaping
428 Witmer St. $810,000 1949 8 $101,250 8(1+1) 4.00% 14.60 4,928 $164.37Parking for 8, Upside
1318 Maryland St. $2,250,000 1913 30 $75,000 n/a 6.25% n/a 17,424 $129.13New Water Heater and Roof
119 S. Bonnie Brae $1,480,000 1925 16 $92,500 8(1+1) 8(sng) 5.58% n/a 10,182 $145.35Gated Entry, Laundry, Small Backyard
1114 West 18th St. $1,300,000 1965 10 $130,000 6(1+1) 3(2+1) 1(3+1) 4.78% n/a 7,176 $181.16On-Site Parking, Freeway Access
1416 W. Olympic Blvd. $1,500,000 1908 24 $62,500 21(stu) 3(1+1) n/a 12.05 11,542 $129.96Sub-Market Rents, Commercial Zoning
Silverlake/ Echo Park
1433 Miramar St. $1,995,000 1949 24 $83,125 6(1+1) 18(sng) 6.70% 10.60 10,584 $188,49Corner Lot 13,000 Sq. Ft.
2017 Bellevue Ave. $869,000 1902 5 $173,800 n/a n/a n/a 3,482 $249.57One Vacant Unit
280 Witmer St. $1,725,000 1923 23 $75,000 1(2+1) 22(0+1) 6.08% 9.72 11,100 $155.41100% Occupied, Assumable Loan
974 W. Kensington Rd. $1,200,000 1961 10 $120,000 10(1+1) 4.96% n/a 5,484 $218.81Separately Metered, Upside Potential
3324 Bellevue Ave. $1,925,000 1928 6 $320,833 4(1+1) 2(2+1) 5.23% n/a 5,244 $367.09Fully Remodeled, New Appliances
250 Witmer St. $1,350,000 1938 10 $135,000 n/a 4.40% 16.07 6,876 $196.34Parking, Upside, Separately Metered
811 Kodak Dr. $1,995,000 1926 14 $142,500 12(0+1) 1(1+1) 1(2+1) 7.80% 10.00 6,373 $313.04Parking, Separately Metered, Views
1133 Logan St. $895,000 1924 5 $179,000 1(3+2) 4(sng) n/a n/a 2,880 $310.76Central Echo Park, Just North of Park
737 Silver Lake Blvd. $575,000 1965 5 $115,000 4(1+1) 1(2+1) 5.12% 11.43 3,548 $162.06Separately Metered, Copper Plumbing
1250 N. Kingsley Dr. $3,350,000 1960 20 $167,500 13(1+1) 7(2+2) 5.90% n/a 17,678 $189.50Entitled for Condo Conversion
836 N. Lafayette Pk. $1,700,000 1920 5 $340,000 3(2+1) 2(1+1) n/a n/a 5,700 $298.25Detached 2+1 Single Family Home
2723 W. Sunset Blvd. $2,895,000 1916 18 $160,833 10(1+1) 6(stu) 2(2+1) 7.11% 10.22 15,042 $192.46Upgraded Units, Just Reduced
1000-1006 N. Coronado St. $1,795,000 1919 7 $257,000 2(SFR) 4(1+1) 1(2+1) 5.00% 13.38 7,250 $248.14Architectural Remodel
Koreatown
4367 Oakwood Ave. $1,399,995 1928 26 $53,846 7 (1+1) 19(sng) 6.66% 9.76 13,952 $100.34 2 Non-Conforming, Laundry
3950 W. 8th St. $3,095,000 1926 35 $88,429 24(sng) 11(1+1) 5.20% n/a 23,400 $132.26 Secured, Brick Construction, Laundry
845 S. Normandie $1,599,000 1921 20 $79,950 19(sng) 1(1+1) 5.40% 10.40 9,365 $170.74Well-Maintained, Separately Metered
838-844 S. Wilton Pl. $3,190,000 1963 20 $159,500 n/a 4.00% 15.42 17,760 $179.62 30% Upside
205 N. Kenmore Ave. $3,050,000 1925 31 $98,387 31(sng) 5.30% 11.10 15,408 $197.95 Separately Metered Electricity, New Roof
325 N. Alexandria Ave. $898,500 1927 7 $128,357 n/a 5.68% 11.64 4,556 $197.21 Spanish Courtyard/ Bungalows
700 S. Irolo St. $5,400,000 1962 30 $180,000 13(1+1) 17(2+2) 6.15% 11.21 30,020 $179.88 Subter. Parking, Pool, Elevator, Upgrades
750 Irolo St. $1,150,000 1951 9 $127,778 2(sng) 7(1+1) 5.43% 11.57 5,927 $194.03 Parking for 7, Well-Maintained
512 N. Heliotrope Dr. $940,000 1963 7 $134,286 4(1+1) 3(2+1) 4.16% 13.94 6,566 $143.16Copper Plumbing, Well-Maintained
941 S. Kenmore Ave. $1,750,000 1923 24 $72,916 24(sng) 5.21% 9.28 13,800 $126.81Laundry, Separately Metered for Gas Only
2853 Francis Ave. $1,500,000 1931 17 $88,235 n/a 6.57% 10.40 10,158 $147.67Building Bolted, Separately Metered
149 S. Westmoreland Ave. $850,000 1926 8 $106,250 2(1+1) 6(2+1) 5.24% n/a 8,458 $100.50Separately Metered, Wood/Stucco
563 N. Heliotrope Dr $1,700,000 1923 20 $85,000 19(sng) 1(1+1) 5.20% 10.41 9,632 $176.50New Roof, Separately Metered
451 N. Western Ave. $3,500,000 1924 32 $109,375 24(stu) 8(retail) 6.03% 9.98 19,280 $181.54Original Period Interiors, Mixed Use
1317 Fedora St. $2,175,000 1925 30 $72,500 30(sng) 6.32% 9.00 15,060 $144.42Upside, Laundry, Singles Demanded Area
511 S. Alexandria Ave. $2,800,000 1955 15 $186,667 7(sng) 8(1+1) 3.32% n/a 9,445 $296.4511,630 Sq.Ft. Lot
956 Elden Ave. $2,099,000 1963 14 $146,928 8(1+1) 6(2+2) 5.04% n/a 13,924 $150.75Fenced Property, Upside Potential
3715 W. 1st St. $5,130,000 1926 55 $93,272 1(bchl) 34(sng) 20(1+1) 5.21% 10.09 40,183 $127.67Good Upside & Unit Mix, Low Vacancy
353 S. Kenmore Ave. $2,550,000 1925 10 $255,000 4(sng) 4(1+1) 2(3+2) n/a n/a 13,533 $188.43Corner Lot, R4 Zoning
443 S. Wilton Pl. $4,990,000 1957 24 $207,917 4(2+2) 20(1+1) n/a 15.40 19,384 $257.43Near Hancock Park, R3 Zoning
138 S. Westmoreland Ave. $2,999,000 1926 33 $90,879 33(1+1) n/a 10.25 18,604 $161.20Upgraded Units
135 S. Westmoreland Ave. $1,099,000 1926 13 $84,538 n/a 8.00% 14.00 7,776 $141.33Upside, Low Price Per Unit
3049 W. 8th St. $7,400,000 1926 143 $51,748129(bchl) 6(1+1) 1(2+1) 1(3+2) 5.96% 7.54 47,848 $154.665-Story Brick, Six Commercial Storefronts
150 S. Westmoreland Ave. $980,000 1925 6 $163,333 4(3+1) 2(stu) n/a n/a 6,158 $170.51Large Units, Individually Metered
838 S. Kenmore Ave. $5,690,000 1990 25 $227,600 6(1+1) 12(2+2) 5.00% 13.90 20,457 $278.14Built in 1990, Balconies
341 S. Gramercy Pl. $2,999,995 1929 12 $250,000 12(2+1) 5.87% 14.49 15,739 $190.61100% Leased, Roof Solar Panels
428 S. Mariposa Ave. $2,140,000 1921 6 $356,667 6(3+2) 5.00% 10.79 11,100 $192.79Luxury Building w/ Parking
527 S. Hobart Blvd. $5,595,000 1930 50 $111,900 6(bchl) 35(sng) 9(1+1) 6.05% 11.44 32,501 $172.15Subterranean Parking
724 S. Berendo St. $3,875,000 1992 18 $215,278 3(sng) 6(1+1) 9(2+2) n/a 13.00 14,250 $271.93Built in 1992
2820 W. 8th St. $2,395,000 1924 31 $77,258 13(sng) 18(1+1) 6.12% 9.60 13,431 $182.41Remodeled Stucco Building
USC
1187-1199 W. 37th Dr. $1,000,000 1921 8 $125,000 8(1+1) n/a n/a 3,358 $297.80Bungalows, Separately Metered, Parking
2131 Oak St. $1,999,000 1924 6 $333,167 1(5+2) 1(4+2) 4(3+1) 6.00% 12.59 5,834 $342.65Near Student Tram, Secured, Parking
311 W. 33rd St. $1,100,000 1922 12 $91,667 12(1+1) 5.10% 11.60 7,104 $154.842 Blocks from Campus
2621 Juliet St. $699,000 1906 5 $139,800 1(1,2,3,4,5 + 1) 6.71% 9.86 3,958 $189.49Separately Metered