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MISSION DISTRICT INVESTMENT PROPERTY

Recently renovated, fully seismically upgraded, low expense building in excellent location along the hot Valencia

Retail Corridor. This building has four 4BR/1BA apartments, one 1BR/1BA apartment and a large street level

commercial space. Residential units feature new carpet, new double glazed windows, open kitchens w/stone

counters, new bathrooms, new cabinets & stainless appliances The building has very low expenses and is in ex-

cellent condition.

Purchase Price: $5,200,000

Annual Gross Income: $308,817

Annual Expenses: $46,601

Net Operating Income: $262,216*

Capitalization Rate: 5.22

Zephyr Real Estate and New Eagle Real Estate Group believe this information to be correct but has not verified this information and assumes no legal responsi-bility for its accuracy. Buyers should investigate these issues to their own satisfaction.

1468-74 Valencia Street, San Francisco, CA 94110

Steven “Stu” Gerry | 415.846.2849

stevengerry@zephyrsf.com DRE #01926878

2501 Mission Street, San Francisco, CA 94110 www.zephyrsf.com

Andrew Kraft | 415.233.2142

andrewk@neweaglereg.com DRE # 02019054 5841 Geary Blvd., San Francisco, CA 94121

www.neweaglereg.com

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Zephyr Real Estate and New Eagle Real Estate Group believe this information to be correct but has not verified this information and assumes no legal responsi-bility for its accuracy. Buyers should investigate these issues to their own satisfaction.

INVESTMENT OVERVIEW

This six-unit building is configured as: four 4-bedroom, 1-bath flats; one 1-bedroom, bath apart-

ment one 1700 sq. ft. ground floor commercial space.

Unit Unit Mix Actual Proforma

1 4bd/1ba $4,465.58 $5,775

2 4bd/1ba $4,426.46 $5,775

3 4bd/1ba $5,753.23 $5,775

4 4bd/1ba $4,493.54 $5,775

5 1bd/1ba $2,595.88 $3,150

Commercial Retail - NCT $4,000. $5,725

Price: $5,200,000

Lot Sq. Ft. 2,696

Building Sq. Ft. 7,850 (approximate)

Price/Sq. Ft. $662.42

Financial:

Annual Gross Income: $308,817

Annual Expenses: $46,601

Net Operating Income: $262,216*

Cap Rate 5.22%

Rent Roll:

1468-1474 Valencia Street

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PROPERTY HIGHLIGHTS

Fully renovated and upgraded in 2010 at a cost of over $1 Million. The result is a modern, efficient low-expense and seismically sound property with zero deferred maintenance and strong tenant demand.

Building Upgrades:

New electrical service with separate metering for every unit

Separate Gas and Water meters for every unit

New double glazed windows throughout building

New exterior insulation

New front and rear staircases

New roof

Seismic Upgrades:

Steel moment frame throughout ground level anchored to foundation

Upgraded concrete perimeter foundation with new footings for moment frame

Sheer walls on upper units tied into moment frames

Residential Unit Upgrades:

Highly efficient 4-bedroom floor plans with open kitchen & bar seating

All units have independent central heating with new forced air natural gas furnaces

All units have independent natural gas water heaters

Modern recessed lighting throughout units

Fire and sound rated separation between units

Kitchens Feature:

All new cabinetry

Stone counter tops

Double or oversize porcelain sinks

Stainless steel appliances

Dishwasher

Gas range & oven

Tile floor

Bathrooms Feature:

Tile bathroom floors and shower walls

New bathroom vanities with stone counters

1468-1474 Valencia Street

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The Mission District is a melting pot of cultures, cuisines, and happening people and places. From Latino markets, to upscale coffee shops, bistros and boutiques, you'll find it all along this diverse neighborhood's main streets. Valencia Street is the most sought after boulevard in the Mission boasting the best and most numerous of all types of food & retail businesses. It is also the address of several new luxury residential developments with pricing in the $1000-1600 psf range.

Alamo Drafthouse Cinema,

A $10 million renovation of the 1916 theater, the Alamo Drafthouse Featuring a 348-seat theater and four smaller screening rooms, equipped with state of the art digital pro-jection as well as excellent screen size to room ratio and amazing sound.

La Taqueria...has been declared to have America’s Best

Burrito by ESPN’s FiveThirtyEight.

Anna Maria Barry-Jester, FiveThirtyEight’s burrito correspond-

ent, dubbed the rice-less carnitas burrito at La Taqueria “a

technical marvel with a monumental first bite worthy of a

national title.” ...For La Taqueria owner Miguel Jara, it’s the

latest in a long line of accolades for the humble operation….Jara

opened the Mission taqueria over 40 years ago, at a time when

there were very few other taquerias in the area. It took him a

year to open the restaurant, simply because he had to build

everything himself. On his first day of business in March 1973,

he ran out of food by 2 o’clock. He sold burritos for 90 cents

and tacos for 60 cents...

— Paolo Lucchesi; SFGATE ,September 10, 2014.

1468-1474 Valencia Street

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DISTRICT MAP

Walk Score®: (98) Walker's Paradise

Transit Score®: (82) Excellent Transit

Bike Score® (95) Biker’s Paradise

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DISTRICT HIGHLIGHTS

Vacancy Rates Current

Market Overall Per Unit 4.3%

Submarket 2-4 Star 3.3%

Market Rent Per Unit

Market Overall Per Unit $2,709

Submarket 2-4 Star $3,134

Subject Property $4,220

Market Conditions

Local Public Transportation Distance

GOOGLE / Apple / Genentech Bus Pickup 1 Block

BART (24th St Mission Station) 0.3 mi

J Church muni line (Clipper Transit Stop) 0.4 mi

J Church muni line (27th Street Transit Stop) 0.5 mi

J Church muni line (24th Street Transit Stop) 0.5 mi

Commuter Rail Distance

San Francisco 4th & King Commuter Rail 3.1 mi

Caltrain: 22nd Street Commuter Rail 3.3 mi

Airport Distance

San Francisco International Airport 11.9 mi

Transit Services

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Vanguard Properties and New Eagle Real Estate Group believe this information to be correct but has not verified this information and assumes no legal responsi-bility for its accuracy. Buyers should investigate these issues to their own satisfaction.

1468-1474 Valencia Street

Steven Gerry | 415.846.2849

stevengerry@zephyrsf.com DRE #01926878

2501 Mission Street, San Francisco, CA 94110 www.zephyrsf.com

Andrew Kraft | 415.233.2142

andrewk@neweaglereg.com DRE # 02019054 5841 Geary Blvd., San Francisco, CA 94121

www.neweaglereg.com