S A N T I A G O V I L L A S2800 Santiago Road, Fullerton, CA 92835

VANGUARD PROPERTY GROUP2651 E. Chapman Avenue, Suite #100

Fullerton, CA 92831DRE#02014531

w w w . V A N G U A R D P R O P E R T Y . c o m

Presented By:

ED DIAZPresidentCalDRE #01022469714.446.0100 x112ed@vanguardproperty.com

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of theinformation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

w w w . V A N G U A R D P R O P E R T Y . c o m

PROPERTY OVERVIEW

We are pleased to present the Santiago Villas fourplex. The Santiago Villas is a pride of ownership multifamily apartmentbuilding located on a quiet cul-de-sac on the border of Brea & Fullerton, The subject property has approximately 5000 sf ofliving space which is extremely large and rare for a 4 unit apartment building. The unit mix is optimal with: 1 (3+2) singlestory owners unit with fireplace, patios (2) and washer /dryer hookups, 1 ( 2+2) single story unit with patio and 2 (2+2)walk-up units. Currently the owner/seller occupies the 3 bedroom and would like to rent back said unit for 6 months afterthe close of escrow. The tenant amenities include: Central AC/Heat all Units, 8 garage spaces & 3 open parking spaces,common laundry room with coin-op owned machines (that are included in the sale), and separate gas and electric meters foreach unit. The units have undergone many renovations; in the interior these include new cabinetry, quartz/granite countertops, appliances, luxury plank flooring, paint and more; on the exterior these include: new concrete parking stalls and garageapron, newer exterior paint and more. $104,760. actual gross rents with upside to $114,780 annual gross on market rents.Priced to sell competitively with a model match closing in the same price tract on 10/26/20 with similar renovations andrents, but the comp had arguably an inferior location in the tract located on highly trafficked Bastanchury Road. The SantiagoVillas is an attractive investment opportunity for the savvy multifamily investor.

OFFERING SUMMARY

Sale Price: $1,765,000

Building Size: 4,996 SF

Lot Size: 0.206 Acres

Number of Units: 4

Price / SF: $353.28

Cap Rate: 4.46%

NOI: $78,760

Year Built: 1966

E X E C U T I V E S U M M A R Y2800 Santiago Road, Fullerton, CA 92835

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of theinformation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

w w w . V A N G U A R D P R O P E R T Y . c o m

LOCATION INFORMATION

Building Name Santiago Villas

Street Address 2800 Santiago Road

City, State, Zip Fullerton, CA 92835

County Orange

Signal Intersection No

PROPERTY HIGHLIGHTS• Pride of Ownership Santiago Tract on Brea & Fullerton Border

• Located on a Quiet, Tree-Lined, Cul De Sac Street

• Spacious 5000 SF of Living Space with an Ideal Unit Mix of : 1 (3+2), 3 (2+2)

• One Renovated 3+2 Single Story Owner's Unit w. Fireplace & Washer/DryerHookup

• One Spacious Renovated 2+2 Single Story Unit

• Two Large (2+2) renovated Walk-Up Units

• $104,760 Actual Gross Income and upside to 114,780 Market Gross Income

• Renovations Include Newer Cabinetry, Granite/Quartz Counter,, Luxury VinylPlanking and more

• Exterior Renovations Include New Concrete Parking Stalls and Garage Aprons

• Central AC/HT All Units, Separate Tenant Utility Meters (Gas & Electric), Garages (8)and On-Site Open Spaces (5)

• Owned Coin-Operated Washer & Dryers (Go with Sale) in Laundry Room forAdditional Landlord Income

C O M P L E T E H I G H L I G H T S2800 Santiago Road, Fullerton, CA 92835

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of theinformation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

w w w . V A N G U A R D P R O P E R T Y . c o m

A D D I T I O N A L P H O T O S2800 Santiago Road, Fullerton, CA 92835

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of theinformation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

w w w . V A N G U A R D P R O P E R T Y . c o m

A D D I T I O N A L P H O T O S2800 Santiago Road, Fullerton, CA 92835

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of theinformation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

w w w . V A N G U A R D P R O P E R T Y . c o m

UNITNUMBER

UNITBED

UNITBATH

CURRENTRENT

MARKETRENT

MARKETRENT/SF

A 3 2 $2,795 $2,795

B 2 2 $2,000 $2,300

C 2 2 $1,875 $2,200

D 2 2 $1,990 $2,200

Laundry $70 $70

Totals/Averages $8,730 $9,565

R E N T R O L L2800 Santiago Road, Fullerton, CA 92835

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of theinformation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

w w w . V A N G U A R D P R O P E R T Y . c o m

INVESTMENT OVERVIEW ACTUAL MARKET

Price $1,765,000 $1,765,000Price per Unit $441,250 $441,250GRM 16.9 15.4CAP Rate 4.5% 5.0%Cash-on-Cash Return (yr 1) 4.46 % 5.03 %Total Return (yr 1) $78,760 $88,780Debt Coverage Ratio - -

OPERATING DATA ACTUAL MARKET

Gross Scheduled Income $104,760 $114,780Other Income - -Total Scheduled Income $104,760 $114,780Vacancy Cost $0 $0Gross Income $104,760 $114,780Operating Expenses $26,000 $26,000Net Operating Income $78,760 $88,780Pre-Tax Cash Flow $78,760 $88,780

F I N A N C I A L S U M M A R Y2800 Santiago Road, Fullerton, CA 92835

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of theinformation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

w w w . V A N G U A R D P R O P E R T Y . c o m

A E R I A L M A P S2800 Santiago Road, Fullerton, CA 92835

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of theinformation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

w w w . V A N G U A R D P R O P E R T Y . c o m

L O C A T I O N M A P S2800 Santiago Road, Fullerton, CA 92835

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of theinformation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

w w w . V A N G U A R D P R O P E R T Y . c o m

R E G I O N A L M A P2800 Santiago Road, Fullerton, CA 92835

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of theinformation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

w w w . V A N G U A R D P R O P E R T Y . c o m

POPULATION 1 MILE 3 MILES 5 MILES

Total Population 12,873 143,189 436,343

Average age 41.7 36.6 34.6

Average age (Male) 39.6 35.7 33.8

Average age (Female) 43.3 37.7 35.5

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 4,678 52,032 140,122

# of persons per HH 2.8 2.8 3.1

Average HH income $110,587 $88,806 $83,119

Average house value $685,313 $645,899 $595,901

* Demographic data derived from 2010 US Census

D E M O G R A P H I C S M A P & R E P O R T2800 Santiago Road, Fullerton, CA 92835