729-733 Vallejo Street Offering Memorandum

Mixed-Use Investment Opportunity | North Beach - , CA 94133

BRIAN LEUNG TOM ADLER 101 Second Street, 11th Floor +1 415 288 7881 +1 415 288 7885 San Francisco, CA 94105 [email protected] [email protected] www.colliers.com/sanfrancisco Brian-Leung.com lic# 02090169 lic# 01203473 729-733 Vallejo Street Table of Contents

OFFERING SUMMARY 3

FINANCIAL OVERVIEW 4

LOCATION OVERVIEW 5

729-733 Vallejo Street Offering Summary Colliers International is pleased to present 729-733 Vallejo, San Francisco, CA 94133 for purchase at $1,399,000. This is an Add Value, mixed-use property on bustling Vallejo Street in San Francisco. The building consists of three (3) units; two (2) residential full floor flats over over (one) 1 ground floor commercial unit. Currently, the building is fully occupied. The property is located on a busy retail corridor, within walking distance to shops and restaurants on Columbus Avenue. Transportation is readily accessible, with the Powell/ Mason Cable Car line and several other MUNI lines stopping nearby.

General Information: Features: 729-733 Vallejo Street Address: Use: Mixed-Use San Francisco CA 94133 Structure: Wood District: North Beach

Stories: 3 APN: 0147-026

Parking/Garage: Street Building Square Feet: ±3,660 SF (per tax records)

Utilities: PG&E Lot Size: ±1,516 SF (per tax records)

Water/Sewer: SF-PUC Constructed: 1906

Zoning: NBEACH

OFFERING MEMORANDUM | 729-733 VALLEJO STREET P. 3 COLLIERS INTERNATIONAL Financial Overview

Financial Overview

List Price $1,399,000

$/SF $382.24

Annual Gross Income

Lease Unit # Type Monthly Income Commencement 731 VALLEJO - LOWER UNIT April 7th, 1979 - (MTM) 3BR/1BA $725.00 733 VALLEJO - UPPER UNIT June 1st, 1984 - (MTM) 3BR/1BA $800.00 729 VALLEJO - COMMERCIAL UNIT October 5th 2005 - (MTM) RETAIL $1450.00

MONTHLY $2,975.00 GAI $35,700.00

Annual Operating Expenses

Expense Categories Annual Expenses

Property Insurance $2,831.00 Water $6,538.02 Property Tax § $16,620.12

GAE $25,989.14 NOI $9,710.86

§ Property Tax Rate: 1.1880% & Based on New Purchase Price

P. 4 COLLIERS INTERNATIONAL OFFERING MEMORANDUM | 729-733 VALLEJO STREET Location Overview

North Beach is a neighborhood where old world meets new. This neighborhood is home to historic architecture, a plethora of markets and eclectic shops, and a robust restaurant and nightlife scene.

Telegraph Hill overlooks the ceaseless activity from the city’s waterfront to busy Broadway. This picturesque neighborhood’s immaculate homes preside over its hillsides at the foot of the iconic Coit Tower—a classic San Francisco structure boasting spectacular views of the bay. Exploring this soaring neighborhood usually requires an uphill hike, but its stunning architecture, hidden staircases, and the chance to glimpse its flock of wild parrots make the trek worth it.

The Financial District serves as its main central business district. It is home to the city’s largest concentration of corporate headquarters, law firms, insurance companies, real estate firms, savings and loan banks, and other financial institutions. Six of San Francisco’s Fortune 500 companies— Wells Fargo, Charles Schwab, Salesforce.com, PG&E, Visa, Gap— are in the district.

San Francisco’s Chinatown is the oldest Chinatown in North America, and the largest Chinese enclave outside of Asia. Since its establishment in 1848, it has been highly important and influential in the history and culture of ethnic Chinese immigrants in North America. Chinatown is an enclave that continues to retain its own customs, languages, places of worship, social clubs, and Identity.

Walker's Paradise Rider’s Paradise Very Bikeable 100 99 79

Walk Score Transit Score Bike Score

OFFERING MEMORANDUM | 729-733 VALLEJO STREET P. 5 COLLIERS INTERNATIONAL Parcel Map

Tax Map

729-733 VALLEJO STREET

All measurements are approximate. While deemed reliable, no information on these floor plans should be relied upon without independent verification.

P. 6 COLLIERS INTERNATIONAL OFFERING MEMORANDUM | 729-733 VALLEJO STREET China Live - one block from property The Stinking Rose - one block from property

The Project The Central Subway is an extension of the light rail system currently under construction from the Caltrain commuter rail depot at 4th and King streets to Chinatown, with stops in South of Market (SoMa) and Union Square.

When the Central Subway is completed, Line trains will travel mostly underground from the 4th Street Caltrain Station to Chinatown, bypassing heavy traffic on congested 4th Street and Stockton Street.

Four new stations will be built along the 1.7-mile alignment:

• 4th and Brannan Station at 4th and Brannan streets (street level)

• Yerba Buena/Moscone Station at 4th and Folsom streets (subway)

• Union Square/Market Street Station on Stockton Street at Union 729-733 Vallejo Street is a short 6 minute walk to the new Chinatown Square (subway) Station at Stockton and Washington Streets. A possible future station • Chinatown Station at Stockton and Washington streets (subway) is being considered in North Beach, at Washington Square.

OFFERING MEMORANDUM | 729-733 VALLEJO STREET P. 7 COLLIERS INTERNATIONAL Location Overview

broadway Kearny St

Vallejo St grant ave

Green st

Stockton ST UNION st

Columbus Ave

P. 8 COLLIERS INTERNATIONAL OFFERING MEMORANDUM | 729-733 VALLEJO STREET Kearny St

grant ave 729-733 VALLEJO STREET

Stockton ST

OFFERING MEMORANDUM | 729-733 VALLEJO STREET P. 9 COLLIERS INTERNATIONAL powell ST JEAN PARKER BROADWAY TUNNEL ELEMENTARY SCHOOL SFPD CENTRAL

NORTH BEACH GARAGE

729-733 VALLEJO ST

VALLEJO ST

ROYAL PACIFIC INN

NEW ASIA BROADWAY

PACIFIC AVE

P. 10 COLLIERS INTERNATIONAL OFFERING MEMORANDUM | 729-733 VALLEJO STREET WASHINGTON SQ

U.S. BANK

BANK OF THE WEST GOLDEN BOY PIZZA

LITTLE CITY MARKET 729-733 VALLEJO ST

VALLEJO ST

CAFFE TRIESTE CHINA LIVE

THE STINKING ROSE GRANT AVE

BROADWAY COLUMBUS AVE COLUMBUS

BEAT MUSEUM

CITY LIGHTS BOOKS

OFFERING MEMORANDUM | 729-733 VALLEJO STREET P. 11 COLLIERS INTERNATIONAL 729-733 VALLEJO STREET

Confidentiality & Disclaimer Statement

This Offering Memorandum contains select information pertaining to the business and affairs of the Subject Property. It has been prepared by Colliers International. This Offering Memorandum may not be all-inclusive or contain all of the information a prospective purchaser may desire. The information contained in this Offering Memorandum is confidential and furnished solely for the purpose of a review by a prospective purchaser of the Property. It is not to be used for any other purpose or made available to any other person without the written consent of Seller or Colliers International. The material is based in part upon information supplied by the Seller and in part upon financial information obtained by Colliers International from sources it deems reliable. Owner, nor their officers, employees, or agents makes any representation or warranty, express or implied, as to the accuracy or completeness or this Offering Memorandum or any of its contents and no legal liability is assumed or shall be implied with respect thereto. Prospective purchasers should make their own projections and form their own conclusions without reliance upon the material contained herein and conduct their own due diligence. By acknowledging your receipt of this Offering Memorandum from Colliers International you agree: 1) The Offering Memorandum and its contents are confidential; 2) You will hold it and treat it in the strictest of confidence; and 3) You will not, directly or indirectly, disclose or permit anyone else to disclose this Offering Memorandum or its contents in any fashion or manner detrimental to the interest of the Seller. Owner and Colliers International expressly reserve the right, at their sole discretion, to reject any and all expressions of interest or offers to purchase the Property and to terminate discussions with any person or 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 and delivered. If you wish not to pursue negotiations leading to the acquisition of Subject Property or in the future you discontinue such negotiations, then you agree to purge all materials relating to this Property including this Offering Memorandum. A prospective purchaser’s sole and exclusive rights with respect to this prospective transaction, the Property, or information provided herein or in connection with the sale of the Property shall be limited to those expressly provided in an executed Purchase Agreement and shall be subject to the terms thereof. In no event shall a prospective purchaser have any other claims against Seller or Colliers International or any of their affiliates or any of their respective officers, Directors, shareholders, owners, employees, or agents for any damages, liability, or causes of action relating to this solicitation process or the marketing or sale of the Property. This Offering Memorandum shall not be deemed to represent the state of affairs of the Property or constitute an indication that there has been no change in the state of affairs of the Property since the date of this Offering Memorandum.

COLLIERS INTERNATIONAL 101 Second St, 11th Fl San Francisco, CA 94105 tel + 1 415 788 3100 fax+ 1 415 433 7844 www.colliers.com

BRIAN LEUNG TOM ADLER lic. 01203473 lic. 02090169 Senior Vice President | Investments Associate | Investments direct + 1 415 288 7881 direct + 1 415 288 7885 email [email protected] email [email protected]