804 - 806 Westmount Drive, West Hollywood, CA

Broker and Broker's agent(s) do not represent or guarantee the accuracy of the square footage, bedroom/bathroom count, lot size or lot dimensions, permitted or unpermitted spaces, or other information concerning the condition or features of the property. Buyer is advised to independently verify the accuracy of all information

through personal inspections and with appropriate professionals to satisfaction.

Main House: 1 Bed | 1 Bath | 1,340 SqFt | Built 1926

Kitchen: Subzero refrigerator, 4-burner gas Chef’s stove, dishwasher, garbage disposal Bath: Steam shower in master Flooring: Hardwood in common areas and tile in bathroom Cooling: Central AC Heating: Forced air and wood burning fireplace in living room with gas starter Windows: Dual pane windows in kitchen, bedroom, baths & laundry – original windows in living and dining rooms Washer/Dryer: Private use side by side washer/dryer in unit Delivered Vacant: Owner’s Home - Projected long term rent $6,500 per month House has utility room that could be closed off to install coin-op laundry for Units 1 and 2 Single car garage and driveway reserved for main house Permitted on-street parking – includes one resident permit plus two guest permits

804 - 806 Westmount Drive, West Hollywood, CA

Broker and Broker's agent(s) do not represent or guarantee the accuracy of the square footage, bedroom/bathroom count, lot size or lot dimensions, permitted or unpermitted spaces, or other information concerning the condition or features of the property. Buyer is advised to independently verify the accuracy of all information

through personal inspections and with appropriate professionals to satisfaction.

Unit 1: 1 Bed+1 Bath|520 sf|Upstairs with 15 ft vaulted tongue & groove ceilings

Kitchen: Refrigerator, gas stove and disposal Flooring: Hardwood in common area with tile in bathroom Cooling: Window unit Heating: Forced air Windows: Dual pane installed circa 2014 Washer/Dryer: No existing hookups; there is a closet that can accommodate a stackable w/d that would require plumbing installation Rent Control: Reliable 10-year tenant paying $1,339 per month in cash. Tenant Estoppel shall be included with disclosures. Permitted on-street parking – includes one resident permit plus two guest permits

804 - 806 Westmount Drive, West Hollywood, CA

Broker and Broker's agent(s) do not represent or guarantee the accuracy of the square footage, bedroom/bathroom count, lot size or lot dimensions, permitted or unpermitted spaces, or other information concerning the condition or features of the property. Buyer is advised to independently verify the accuracy of all information

through personal inspections and with appropriate professionals to satisfaction.

Unit 2: 1 Bed+1 Bath|520 sf|Upstairs with 15ft vaulted tongue & groove ceiling

Kitchen: Refrigerator, gas stove and disposal Flooring: Hardwood in common area with tile in bathroom Cooling: Window unit Heating: Forced air Windows: Dual pane installed circa 2014 Washer/Dryer: No existing hookups; there is a closet that can accommodate a stackable w/d that would require plumbing installation Delivered Vacant: Projected long term rent $2,000 per month Permitted on-street parking – includes one resident permit plus two guest permits

804 - 806 Westmount Drive, West Hollywood, CA

Broker and Broker's agent(s) do not represent or guarantee the accuracy of the square footage, bedroom/bathroom count, lot size or lot dimensions, permitted or unpermitted spaces, or other information concerning the condition or features of the property. Buyer is advised to independently verify the accuracy of all information

through personal inspections and with appropriate professionals to satisfaction.

Unit 3: 1 Bed Studio | 1 Bath | 520 sf | First level with private side patio

Kitchen: Renovated with refrigerator, gas stove, dishwasher Flooring: Tile throughout Cooling: Mini-split Heating: Mini-split Windows: Original Washer/Dryer: Combination washer/dryer in unit Bedroom: Was originally enclosed as a bedroom but owner took the wall down to open it up Delivered vacant: Projected long term rent $2,300 per month Permitted on-street parking – includes one resident permit plus two guest permits

804 - 806 Westmount Drive, West Hollywood, CA

Broker and Broker's agent(s) do not represent or guarantee the accuracy of the square footage, bedroom/bathroom count, lot size or lot dimensions, permitted or unpermitted spaces, or other information concerning the condition or features of the property. Buyer is advised to independently verify the accuracy of all information

through personal inspections and with appropriate professionals to satisfaction.

Bonus Room: Single Bedroom and Bathroom

Single bedroom and bathroom that can be reserved for guests, used as office or combined with Unit 3 to create larger unit and command higher rent. There is a back room with a window that can be used as a second bedroom, walk-in closet or storage. No kitchen.

804 - 806 Westmount Drive, West Hollywood, CA

Broker and Broker's agent(s) do not represent or guarantee the accuracy of the square footage, bedroom/bathroom count, lot size or lot dimensions, permitted or unpermitted spaces, or other information concerning the condition or features of the property. Buyer is advised to independently verify the accuracy of all information

through personal inspections and with appropriate professionals to satisfaction.

Property Composed of two buildings: One - Main house at 1,340sf built in 1926 Two - Units 1, 2, 3 at 1,560sf built in 1955 Units 1 and 2 are mirror floor plans One car garage with driveway that can accommodate up to 4 tandem vehicles Neighborhood is permitted parking and each unit gets 3 parking permits – easy parking Pond water feature in front yard

All units have individual gas and electric meters and are paid by unit All four electric meters and panels underwent $10K upgrade in 2018 Composite roof replaced approximately 13 years ago Disclosure item: Crack in sewer pipe to Westmount

804 - 806 Westmount Drive, West Hollywood, CA

Broker and Broker's agent(s) do not represent or guarantee the accuracy of the square footage, bedroom/bathroom count, lot size or lot dimensions, permitted or unpermitted spaces, or other information concerning the condition or features of the property. Buyer is advised to independently verify the accuracy of all information

through personal inspections and with appropriate professionals to satisfaction.

Actual Rent:

Unit #1: $1,339 per month and $16,068 per year Projected Rent: Main House: $6,500 per month and $78,000 per year Unit #2: $2,000 per month and $24,000 per year Unit #3: $2,300 per month and $27,600 per year Gross Rental Income: $145,668 Expenses Insurance: $1,483.15 on house and $1,012.08 on units Maintenance: Average approximately $100 per month. Owner managed. Water: Average approximately $125 per month. One meter, owner pays water Gardener: $120 per month Electric: Average approximately $150 average per month for main house plus $50 per month average each for vacant units 2 & 3 Gas: Average approximately $40 per month for main house & $25 per month each vacant unit Cable: Each unit pays own Property Taxes at a $2,345,000 Purchase Price: $28,000 Property Management: 5% fee per month Total Expenses: $44,000 Net Operating Income: $101,668 Gross Rent Multiplier: 16.09 Cap Rate: 4.34%