Wilmington, CAVacant Lots Offering Memorandum

CONFIDENTIALITY & DISCLAIMER

All materials and information received or derived from KW Executive/KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters. Neither KW Executive/KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. KW Execut ive/KW Commercial will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third-party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consul ting appropriate independent professionals. KW Executive/KW Commercial makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KW Executive/KW Commercial does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual Data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed in compliance with all applicable fair housing and equal opportunity laws. We obtained the information above from sources we believe to be reliable.However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subjec t to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction

PRESENTED BY

Jennie Ching (DRE# 02018566) Michael Wu (DRE# 01935920)

(310) 779-5376 jennie.ching@kw.com (626) 945-0000 michaelwu0128@hotmail.com

KW Executive 388 E. Valley Blvd #106 Alhambra, CA 91801

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KW Commercial is proud to present a portfolio sale of seven (7) R1 & R2 vacant lots in the city of Wilmington. $1,743,000. Features of the sale include:

• Twelve 1,900(+/-) SF 4-bedrooms / 3-bathroom homes can be built in 7 lots. Sold comps approx. $291+ / SF for older homes

• Site plan and architecture plan of Flint and Pioneer included with the sale of lots.

• In close proximity to the ports, downtown Long Beach, and Cal State universities.

• Lots reside in opportunity zone which allows investors to receive federal tax incentives

EXECUTIVE SUMMARY

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• Flint Ave Location: Two R2 lots. 11,200 SF total lot size. Subdivisible.

Construction permits available soon

• Pioneer Ave Location: Three R2 lots. 16,352 SF total lot size. Subdivisible

• Robidoux Ave Location: Two R1 lots. 10,834 SF total lot size

INVESTMENTSUMMARY Flint Ave Lots ** Ready to Build**

$1,743,000 Portfolio Sale of 7 Lots

List Price $540,000

Property Address 1120 & 1116 N Flint ,Wilmington

Investment Type R2 Multi-family vacant land. Development Project

Lot Size approx. 5,600 SF each

Zoning R2, Clean Up Green Up zoning, opportunity zone

APN 7425-013-022, 7425-013-023

Two lots for four 1,900 (+/-) SF 4-bedroom / 3-bathroom homes. Architecture plan available;

construction permits ready soon

Developers and Investor’s Dream!

• Great opportunity R2 land in the city of Wilmington. Fully approved plan. Construction permit will be available soon. Save lots of time for city approval.

• Site plan / Architecture drawing is included with the sale. The approved plan has two units. Front unit: 1,982 sf, 4 bedrooms & 3 bathrooms and back unit: 1,854 SF, 4 bedrooms & 3 bathrooms.

• Four (4) homes can be built on Two (2) lots. The lot can also be subdivided.

INVESTMENTSUMMARY Pioneer Ave Lots : **Plan Available**

List Price $747,000

Property Address 1016, 1020, 1024 N Pioneer Ave, Wilmington

Investment Type R2 Multi-family vacant land. Development Project

Lot Size 5,601 SF, 5,523 SF, 5,228 SF

Zoning R2, Clean Up Green Up zoning, opportunity zone

APN 7425-032-020, 7425-032-021, 7425-032-022

Three lots for six 1,900 (+/-) SF 4-bedroom / 3-bathroom homes. Architecture plan available

$1,743,000 Portfolio Sale of 7 Lots Developers and Investor’s Dream!

• Great opportunity R2 land in the city of Wilmington.

• Site plan / Architecture drawing is included with the sale. The plan has two units. Front unit: 1,982 sf, 4 bedrooms & 3 bathrooms and back unit: 1,854 SF, 4 bedrooms & 3 bathrooms.

• Six (6) homes can be built on Three (3) lots. Lots can also be subdivided.

INVESTMENTSUMMARY RobidouxSt Lots

List Price $456,000

Property Address

1607, 1611 E Robidoux St,Wilmington

Investment Type

R1 Single Family Home vacant land. Development Project

Lot Size 5,416 SF, 5,418 SF

Zoning R1, Clean Up Green Up zoning, opportunity zone

APN 7425-026-013, 7425-026-014

Two lots for two Single Family Homes

$1,743,000 Portfolio Sale of 7 Lots

Flint & Pioneer Site Plan / Floor Plan

PROPERTY LOCATION

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City of Wilmington, CA

Wilmington features a heavy concentration of industry and the third-largest oil field in the continental US.

Location

Wilmington is in close proximity to the Port of Long Beach, Downtown Long Beach, Port of San Pedro, Cal State Long Beach, and Cal State University Dominguez Hills. This is a great and prime residential location to build income properties as renters occupied more than 60% of the housing units

Demographics

A total of 53,815 people were living within Wilmington‘s 9.14 square miles, according to the 2010 U.S census—averaging 5,887 people per square mile. Population was estimated at 54,512 in 2008.

The median age was 28. The percentages of people from birth through age 34 were among the county's highest. Latinos made up 86.6% of the population, while whites were at 6.4%, Asians at 4.8%, blacks at 2.6% and others at 1.7%.

The $40,627 median household income in 2008 dollars was average for the city. Renters occupied 61.5% of the housing units, with homeowners occupying the rest.

What Are Opportunity Zones?

Opportunity Zones are select census tracts in which businesses, equipment, and real property can receive investment through special funding. They allow investors to receive federal tax incentives by investing their capital gains into select communities known as Opportunity Zones using special investment vehicles called Opportunity Funds.

Opportunity ZonesOpportunity Zones were enacted as part of the 2017 tax reform package (Tax Cuts and Jobs Act) to address uneven economic recovery and persistent lack of growth that have left many communities across the country behind. In the broadest sense, the newly enacted federal Opportunity Zone program provides a federal tax incentive for investors to invest in low-income urban and rural communities through favorable treatment of reinvested capital gains and forgiveness of tax on new capital gains.

The City of Los Angeles has 193 Opportunity Zones approved in 13 Council Districts.

This economic and community development tax incentive program provides a new impetus for private investors to support distressed communities through private equity investments in businesses and real estate ventures. The incentive is a deferral, reduction and potential elimination of certain federal capital gains taxes.

Qualified Opportunity Zones retain this designation for 10 years. Investors can defer tax on any prior gains until no later than December 31, 2026, so long as the gain is reinvested in a Qualified Opportunity Fund, an investment vehicle organized to make investments in Qualified Opportunity Zones. In addition, if the investor holds the investment in the Opportunity Fund for at least ten years, the investor would be eligible for an increase in its basis equal to the fair market value of the investment on the date that it is sold.