：

11690 Ramona Blvd, El Monte, CA 91732

Senior Vice PresidentT:626.625.3534Lic.01202896olivia.peaceful@gmail.comoliviagz2002@yahoo.com

PROPERTY DESCRIPTION 3

INVESTMENT HIGHLIGHTS 4

FINANCIAL INFORMATION 5-6

LOCATION DESCRIPTION 7

MAPS 8-10

PROPERTY PHOTOS 11-12

DISCLOSURE & DISCLAIMER 13

s

2

11690 Ramona Blvd,El Monte, CA 91732

PROPERTY SUMMARY

PROPERTY DESCRIPTION

Type

Unit Mix

Units

Building Size

Lot Size

Stories

Build Year

APN

Zoning

Apartments

1BD/1 BA and 2 BD/2BA

47

33,151 SF

1.12 AC

2

1964

8567-010-027

EMC2-P

3

Carolton Apartment is a 47-unit garden style apartment complex

apartment located at 11690 Ramona Blvd., El Monte, CA 91732. The

property consist of 1 two-story buildings on a 1.12-acre site. The

subject features mailroom and laundry room. Site improvements

include asphalt driveways, attached parking lot, building-mounted

lighting, trash receptacles and soft landscaping. The subject building

are wood frame and printed pressboard siding with concrete

foundations. These units have microwave ovens, dishwashers,

garbage disposals and fan & hood.

Carolton Apartment is located in the unincorporated community inEl Monte California. Nearby schools include Rio Hondo ElementarySchool, Wright Elementary School and El Monte High School.

The subject property is situated nearby major streets. Close to

shopping centers, restaurants, and business districts.

Zoning is EMC2-P*, Multiple Family, and the Subject’s improvementare legally conforming.

INVESTMENT HIGHLIGHTS

◆ All Two Bedroom / One Bathroom Units

◆ Easy exit from the Freeway #10 and #605 in the best location

◆ Situated on a 1.12 Acre Lot with Outdoor Swimming Pool.

◆ Subject’s improvement are legally conforming.

◆ Close to shopping centers, restaurants, and business districts.

4

FINANCIAL INFORMATION

5

Price 11,750,000$

Down Payment 50% 5,875,000$

Price Per Unit 250,000$

Price Per SF 354$

Cap Rate 3.42%

GRM 16.13

Pro Forma Cap Rate 4.36%

Pro Forma GRM 13.97

Rentable SF 33,151

Lot Size (Arce) 1.12

Number of Units 47

Year Built 1964

Parcel Number 8567-010-027

Loan Amount 5,875,000$

Interest Rate 4.50%

LTV 50%

Annual Debt Service 357,213$

Debt Coverage Ratio 1.13

Net Cash Flow After Debt Service 0.77% 45,112$

Principal Reduction 94,239$ Pro Forma Net Cash Flow After Debt Service 2.63% 154,528$

Loan Type New Loan with 5-Year Fixed

30-Year Term

30-Year Amortization

Investment Overview

Property Information

Proposed Financing

6

FINANCIAL INFORMATION

Units Unit Mix Avg. Current Monthly Rent Avg. Pro Forma Monthly Rent

30 2 Bedroom 2 Bath 1,400$ 42,000$ 1,600$ 48,000$

17 1 Bedroom 1 Bath 1,100$ 18,700$ 1,300$ 22,100$

Total 60,700$ 70,100$

Current Pro Forma

Annual Gross Scheduled Rent 728,400$ 841,200$

Less: Vacancy (%) 3% 21,852$ 25,236$

Other Income 12,000$ 12,000$

Effective Gross Income 718,548$ 827,964$

Operating Expenses

Property Tax 176,596$ 176,596$

Insurance 0.29$ Per SF 9,522$ 9,522$

Utilities 2,800$ Per Month 40,889$ 40,889$

Contract Service 480$ Per Unit 22,569$ 22,569$

Repair & Maintenance 800$ Per Unit 37,600$ 37,600$

License & Permit 74$ Per Unit 3,488$ 3,488$

Management Fee 4% 2,130$ Per Month 25,559$ 25,559$

Current Pro Forma

Total Operating Expenses 44.01% of EGI 316,223$ 316,223$

Expense Per Unit 6,728$ 6,728$ Expense Per SF 9.54$ 9.54$

New Loan with 5-Year Fixed

Net Operating Income 402,325$ 511,741$

*Tax Rate at 1.412776%*Price Plus Special Asset 10,594.6

Rent Roll Summary

Income

Expense

LOCATION DESCRIPTION

• Carlton Apartments is strategically located with easy access to the 10

(San Bernardino), and 605 freeways.

• The subject is on the main street of the city of El Monte. And nearby the

downtown of El Monte.

• Nearby schools include Vista Del Rio Junior/senior High School, Baker

Elementary School and New Life Christian School.

• The closest grocery stores are Northgate Market, Carlton's Market and

Daisy's Market.

• Nearby coffee shops include Mana Tea House, Optic Cafe and Starbucks.

• Nearby restaurants include Jack In the Box, Chinese Deli and Piara Pizza.

• The subject is near Zamora Park and Arceo Park.

7

LOCATION MAP

8

AERICAL MAP

9

PARCEL MAP

10

PROPERTY PICTURE

11

PROPERTY PICTURE

12

DISCLOSURE | DISCLAIMER

This Offering Memorandum has been prepared by Broker for use by the principal (“Principal”) to

whom Broker has provided this Offering Memorandum. The use of this Offering Memorandum and

the information provided herein is subject to the terms, provisions and limitations of the

Confidentiality Agreement furnished by Broker and executed by Principal prior to delivery of this

Offering Memorandum. Although the information contained herein is based upon sources believed

to be reasonably reliable, Owner and Broker, on their own behalf, and on behalf of their respective

officers, employees, shareholders, partners, directors, members and affiliates, disclaim any

responsibility or liability for inaccuracies, representations and warranties (expressed or implied)

contained in, or omitted from, the Offering Memorandum or any other written or oral

communication or information transmitted or made available to the recipient of this Offering

Memorandum. In amplification of and without limiting the foregoing, summaries contained herein of

any legal or other documents are not intended to be comprehensive statements of the terms of

such documents but rather only outlines of some of the principal provisions contained therein, and

no representations or warranties are made as to the completeness and/or accuracy of the

projections contained herein. Prospective purchasers of the Property should make their own

investigations and conclusions without reliance upon this Offering Memorandum, the information

contained herein or any other written or oral communication or information transmitted or made

available. Additional information and an opportunity to inspect the Property will be made available

upon written request by interested and qualified prospective purchasers.

Owner expressly reserves the right, exercisable in Owner’s sole and absolute discretion, to withdraw

the Property from being marketed for sale at any time and for any reason. Owner and Broker each

expressly reserves the right, exercisable in their sole and absolute discretion, to reject any and all

expressions of interest or offers regarding the Property and/or to terminate discussions with any

entity at any time with or without notice. Broker is not authorized to make any representations or

agreements on behalf of Owner. Owner shall not have any legal commitment or obligation to any

entity reviewing this Offering Memorandum or making an offer to purchase the Property unless and

until a written agreement for the purchase and sale of the Property has been fully executed,

delivered and approved by Owner and the other party thereto and any conditions to Owner’s

obligations hereunder have been satisfied or waived. If you have no interest in the Property at this

time, return this Offering Memorandum immediately to:

MacroReal Commercial Inc– Olivia Zhao

55 E Huntington Drive, Suite 300 Arcadia, CA 91006

Tel: +1 626 625 3534

olivia. Peaceful @gmail.com

13