Ff Ff TEAMA STREET - Jennifer Rosdail

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436-438 TEHAMA STREETSan Francisco, CA 941056UnitsOnTehama.comSOMA A Multifamily Investment OpportunityTehama Street is one of the secret treasures of SOMA - tree lined and eclectic with industrial buildings housing high-techcompanies side-by-side with classic Edwardian residences. 436-438 Tehama is one of the latter. Built in 1907, it offers anowner/investor or a pure investor the opportunity to take advantage of the amazing central location and the rents that beingwalking distance to the Financial District, Union Square, Mid-Market and CalTrain can command.And while Tehama is already a beautiful small street, the City has a plan to make it even nicer by adding more plantings aspart of Phase II of the SOMA Alleyway Improvement Project. Additionally, Tehama is in the Central Market Community BenefitDistrict, which provides a street sweeper seven days a week.JENNIFER ROSDAIL415.269.4663jennifer@rosdail.com1400 Van Ness Avenue San Francisco, CA 94109Lic# 01349379

436-438 TEHAMA STREET6UnitsOnTehama.comSan Francisco, CA 94105PROJECT SUMMARY Offered at 1,928,000The building has six one bedroom units, with two mirrorimage units per floor.On the vacant top floor, the two one bedrooms havebeen joined to form a three bedroom/two bathroom office “owner’s unit” with windows on all sides, views of thecity skyline, in-unit laundry and a remodeled kitchen. Onthe second floor, a third unit is vacant that could easilybe joined to the top floor for a grand-scale owner’s unit.The three remaining units are tenant occupied at belowmarket rents with significant future upside. Two privategarages are rented month to month to a resident of aneighboring building. The backyard is a stunning oasislovingly cared for by one of the tenants but enjoyed by allthe residents in the building.ADDRESS:436-438 Tehama StreetLOCATION:Tree lined street in Central SOMAwith a Walkscore of 97, Transit Scoreof 100 and a Bike Score of 96.WATER:Master meteredELECTRIC & GAS:Separate meters, utility paid by tenantHEATING:Individual gas units in each apartmentFOUNDATION:Concrete perimeterEXTERIOR:Classic redwood sidingFLOORING:Softwood, linoleum and tilePARKING:Two private garagesSTORAGE:Ample ground level storage deliveredmore than 50% vacant.RECEIVED SOFTSTORY LETTER:Yes. Preliminary screening formfiled with city. Estimate available for 78,960 to complete work.APN:3732-106UNIT MIX:4 – 1 BR/1 BA office1 – 3 BR/2 BA office whichis legally two one bedrooms thatwere joined without the benefit ofpermit. 3rd bedroom does not havea closet and the 2nd kitchen wasremoved.Approximately 50% of the building, or 1800 square feetof vacant space is available for an owner user or newtenants. If vacant units were rented, GRM would be anattractive 13.79 with total income of 139,848 annually.-2-JENNIFER ROSDAIL415.269.4663jennifer@rosdail.com1400 Van Ness Avenue San Francisco, CA 94109Lic# 01349379

436-438 TEHAMA STREET6UnitsOnTehama.comSan Francisco, CA TKEARNYAVESTGRANTKTONSTLLSTOCWEPO10HOWARD STFREMONT ST16HARRISON ST5DELANCY STFREMONTBRANNAN STSTTOWNSEND STLE195KING STKING ST11GASTLKPOAVENESSVANSTSONENMISSION STSTEUART STSTESTMAIN STSTEVENSOOONSTDWARDSTTOSPEAR STBEALE STWEN10RINCON ST4TOWNSEND STFREMONT STESSEX STBRYANT STFEDERAL ST2ND ST1AMFOLSOM ST10STANFORD ST93RD ST4TH ST13BLUXOME STCR143VARNEY PL6SASTTEHAMA STJACK LONDON ALYS PARK STNIA13HAWTHORNE STZOE STRITCH STFREELON ST51ST ST2ND ST3RD STNATOMA ST225TH STBRANNAN STMERLIN ST6BRANNAN ST122MINNA STSTILLMAN STTABER PLORMARKET ST8WELSH ST6TH STSTOAK GROVE STMORRIS STN124CLARA STBOARDMAN PLISIOHUNT STSTECKER PLPEARLSELTGINPARKVLIFTJESSIE ST3SHIPLEY STBRYANT ST80DIV4TH ST6HARRISON STBRYANT ST8HARRIET ST16TEHAMA STCLEMENTINA STCOLUMBIA SQ114 5 21SHERIDAN ST31187RINGOLD ST729RUSS ST207TH STThe property is walking distance to thefinancial district and major tech employerslike Twitter, Zynga, Yahoo, Foursquare, Yelp,Square, Yammer, and Box. The Bay Bridgeand freeways to the Peninsula can beaccessed in minutes. It is an ideal locationfor today’s professionals who value excitingurban living and the walking lifestyle.2315GILBERT ST1218SHERMAN STNATOMA STMOSS ST101LANGTON STTEHAMA STCLEMENTINA ST8TH STSTRAUSCH STSTMINNA STJESSIE STJESSIE ST17HOWARD STFOLSOM STST19DORE ST72DORE STMINNA STSHSTEVENSON STSTEVENSON ST14MISSION STNORFOLK STWestfield CenterMetreon – with TargetMoscone CenterYerba Buena area museums andperformance spacesMint Plaza – with Blue Bottle!Whole FoodsHarvest Urban MarketSightglass CoffeeWarfield TheaterBart (six blocks to CalTrain)Mosso SF with new ground floorcommercial reputedly including agrocery and a Peets.THJESSIE STJESSIE ST15TH STST14ST6TH ST12THIERBUMARKET STJESSIE STKISSLINGERTE7TH STISOTTLIS8TH STKALSSOTIS STSTMCT9TH STPARSTHAYEESSTEVENSON ST10TH STSTPINOVGRACE STNOPSTSTGRNEW MONTGOMERY STCCSE11TH STNAMROSTWASHBURN STOSNLILYSTLAFAYETTEBRTOCAES12TH STINPINIVYGOUGH STCLSouth Beach SOMABRADY ST436-438 Tehama is located in the very centerof San Francisco’s vibrant South of MarketDistrict. While the location was historicallyfull of light industrial workplaces, startingabout 25 years ago many residential unitswere added without the needed servicessuch as grocery stores and restaurants.But in the last 10 years, as the residentialoccupancy of the area has exploded, thelevel of services and businesses catering toresidential occupants has surpassed thatof many more traditional residential areas.As a result, there are too many convenientattractions to list. But for a start, here’s aselection of what’s within three blocks:4BERRY STBERRY ST32Amenities in South Beach & Soma, San Francisco Restaurants Shopping Services ParksRESTAURANTSSHOPPINGSERVICESPARKS1.Twenty Five Lusk1.Westfield Center2.Anchor & Hope2.Mike’s Bikes1.Caltrain3.Giants Dugout StoreAT&T BallparkBessie Carmichael ParkBar Agricole2.1.3.Yerba Buena GardensBasil Thai4.HD ButtercupYerba Buena Center2.4.3.Triptych5.Room and BoardBowling & Skating at YBCSouth Park5.4.3.Coco5006.REILucky Strike BowlingSouth Beach Park6.5.4.Extreme Pizza7.Harvest Urban MarketMOMARincon Hill Dog Park7.6.5.Victoria Manalo Draves ParkLulu8.Whole FoodsMexican Art Museum6.8.7.9.Marlowe9.Safeway8.Childrens Creativity Museum10.21st Amendment Brewery10.S.F. Florist9.Metreon Movie Theatres11.Momos11.Speedy Hardware10.Rincon Post Office12.Salt House12.Cole Fox Hardware11.Contemporary Jewish Museum13.Town Hall13.K & L Wine Merchants12.Moscone Center14.Zare at Flytrap14.The Container Store15.Pinkies Bakery16.Prospect17.The Cavalier18.Tin19.Dottie’s20.Sightglass Coffee21.Rocco’s Cafe22.South Park Cafe23.Wicked GroundsSouth Beach SomaWalk Score 88 94Transit Score 99 98Bike Score 85 96Population 10,493 24,748-3-JENNIFER ROSDAIL415.269.4663jennifer@rosdail.com1400 Van Ness Avenue San Francisco, CA 94109Lic# 0134937980

436-438 TEHAMA STREET6UnitsOnTehama.comSan Francisco, CA 94105IncomeUnit NumberCurrentPro-FormaMove-in DateCommentsDate of last increase436A1,235.002,700.0020091BR/1BA Office. Single occupantAug. '13436B996.002,700.0020081BR/1BA Office. Two occupants - have residedin building since 1998.Aug. '13436C0.00VacantUsed as part of 438A438A523.002,500.0019801BR/1BA Office. Single protected tenant Section 614 notice occupant438B2,800.002,800.00Vacant1BR/1BA Office. Estimated market rent.Delivered vacant438C5,600.005,600.00Vacant3BR/2BA Office. Estimated market rent.Delivered vacantWest Garage250.00300.00Rented to non-residentPrivate GarageEast Garage250.00300.00Rented to non-residentPrivate GarageTotal Monthly11,654.0016,900.00Total Annual139,848.00202,800.00(Market) RentSept. '13Gross RentsGross RentsAnnual ExpensesCurrentPer 84.00414.002,484.00PG&E392.5265.42392.52(Market) RentInsurance7,356.001,226.004133.002013 Repairs2,157.16359.532,157.16Estimated property taxes @ 1.188%22,750.403,791.7322,750.40TOTAL Purchase AnalysisPurchase Price1,928,000.001,928,000.00Cap Rate5.3%8.7%GRM13.799.51-4-JENNIFER ROSDAIL415.269.4663jennifer@rosdail.com1400 Van Ness Avenue San Francisco, CA 94109Lic# 01349379

436-438 TEHAMA STREET6UnitsOnTehama.comSan Francisco, CA 94105-5-JENNIFER ROSDAIL415.269.4663jennifer@rosdail.com1400 Van Ness Avenue San Francisco, CA 94109Lic# 01349379

436-438 TEHAMA STREET6UnitsOnTehama.comSan Francisco, CA 94105For More Photos visit:6UnitsOnTehama.com-6-JENNIFER ROSDAIL415.269.4663jennifer@rosdail.com1400 Van Ness Avenue San Francisco, CA 94109Lic# 01349379

436-438 TEHAMA STREET6UnitsOnTehama.comSan Francisco, CA 94105CONFIDENTIALITY & DISCLAIMERThe information contained in the Offering is confidential, furnished solely for the purpose of review by a prospective purchaserof the subject property. The material is based in part upon information supplied and in part upon information obtained byParagon Real Estate Group from sources it deems reasonably reliable. No warranty or representation, expressed or implied, ismade by the owner, Paragon Real Estate Group, or any of their respective affiliates, as to the accuracy or completeness of theinformation contained herein or any other written or oral communication transmitted to a prospective purchaser in the courseof its evaluation of the Property. No legal liability is assumed or to be applied in connection with the information or such othercommunications. Without limiting the generality of the foregoing, the information shall not be deemed a representation of thestate of affairs of the subject property or constitute an indication that there has been no change in the business or affairs of thesubject property since the date of preparation of the information. Prospective purchasers should make their own projectionsand conclusions without reliance upon the materials contained herein and conduct their own independent due diligence, including engineering and environmental inspections, to determine the condition of the Property and the existence of any potentiallyhazardous material located at the site.The Offering Memorandum was prepared Paragon Real Estate Group. It contains select information pertaining to the subjectproperty and does not purport to be all inclusive or to contain all of the information which a prospective purchaser may desire.All financial projections are provided for general reference purposes only and are based on assumptions relating to the generaleconomy, competition and other factors beyond control and, therefore, are subject to material change or variation. An opportunity to inspect the subject property will be made available to qualifi ed prospective purchasers.In the Offering certain documents and other materials are described in summary form. The summaries do not purport to becomplete nor, necessarily, accurate descriptions of the full agreements involved, nor do they constitute a legal analysis of suchdocuments. Interested parties are expected to independently review all documents.The Offering is subject to prior placement, errors, omissions, changes or withdrawal without notice and does not constitutea recommendation, endorsement or advice as to the value of the Property by Paragon Real Estate Group or the owner. Eachprospective purchaser is to rely upon its own investigation, evaluation and judgment as to the advisability of purchasing thesubject property described herein.The owner and Paragon Real Estate Group expressly reserve the right, at their sole discretion, to reject any or all expressionsof interest or offer to purchase the subject property and/or to terminate discussions with any party at any time with or withoutnotice. The owner shall have no legal commitment or obligation to any interested party reviewing the Offering or making an offerto purchase the subject property unless a written agreement for the purchase of the subject property has been fully executedand delivered by the owner and such party and any conditions to the owner’s obligations there under have been satisfied orwaived and then only to the extent expressly provided for therein. Paragon Real Estate Group is not authorized to make anyrepresentations or agreements on behalf of the owner.-7-JENNIFER ROSDAIL415.269.4663jennifer@rosdail.com1400 Van Ness Avenue San Francisco, CA 94109Lic# 01349379

TEHAMA STREET San Francisco, CA 94105 6UnitsOnTehama.com ENNIFER ROSDAIL 45264663 ennierrosdailcom 100 an ess Avenue San rancisco, CA 9109 ic 34379 ADDRESS: 436-438 Tehama Street LOCATION: Tree lined street in Central SOMA with a Walkscore of 97, Transit S

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