Report provided by Omar Ting & Adam Peterson | The DT Group | Multi-Family Specialists | Downtown, USC, Silverlake/Echo Park,

and Koreatown

Market Activity Report: Multi-Family

Los Angeles: August 2007

Year # Of Price Bldg Price Cap Sale

Property Address Sale Price Built Units Per Unit SF Per SF Rate GRM Zoning Date
11857 Texas Ave $3,400,000 1988 9 $377,778 8,960 $379.46 n/a 19.1 R3-1, Los Angeles 8/1/2007
4108 Marathon St $3,380,000 1928 30 $112,667 24,320 $138.98 n/a n/a R4-2, Los Angeles 8/1/2007
2330 Crenshaw Blvd $1,070,000 1928 16 $66,875 11,475 $93.25 n/a n/a R3, Los Angeles 8/1/2007
1915 Santa Ynez St $865,000 1908 10 $86,500 5,001 $172.97 n/a n/a RD2, Los Angeles 8/1/2007
3913 Montclair St $735,000 1965 6 $122,500 4,123 $178.27 n/a n/a R3, Los Angeles 8/1/2007
12110 Rochester Ave $7,300,000 1986 18 $405,556 26,199 $278.64 4 n/a R3, Los Angeles 8/2/2007
8424 S Western Ave $1,375,000 1958 17 $80,882 11,576 $118.78 n/a n/a R3, Los Angeles 8/2/2007
1124 N Kenmore Ave $1,050,000 1989 5 $210,000 11,712 $89.65 6.63 n/a RD1.5, Los Angeles 8/2/2007
6307 Crenshaw Blvd $970,000 1954 9 $107,778 8,726 $111.16 6.06 10.11 C2-1, Los Angeles 8/2/2007
703 W 79th St $645,000 1958 6 $107,500 3,728 $173.02 n/a n/a RD1.5, Los Angeles 8/2/2007
7609 Whitsett Ave $1,372,000 1961 15 $91,467 12,068 $113.69 6.83 9.98 R3, Los Angeles 8/6/2007
1153 Lillian Way $1,077,000 1953 10 $107,700 6,124 $175.87 n/a n/a R3, Los Angeles 8/7/2007
1926-1930 W Jefferson Blvd $1,000,000 1982 12 $83,333 15,891 $62.93 n/a n/a C2, Los Angeles 8/7/2007
274 S La Fayette Park Pl $18,027,000 1972 117 $154,077 71,835 $250.95 3.63 n/a R4, Los Angeles 8/8/2007
1325 N Poinsettia Pl $2,775,000 2002 9 $308,333 9,785 $283.60 4.91 14.9 R3, Los Angeles 8/8/2007
1813-1817 Grace Ave $1,400,000 1924 10 $140,000 4,616 $303.29 n/a n/a R4, Los Angeles 8/8/2007
4750 Lincoln Ave (2 Prop’s) $0 508 $0.00 n/a n/a 8/9/2007
345 S Alexandria Ave $23,350,000 1989 104 $224,519 97,036 $240.63 3.85 14.44 R4-2, Los Angeles 8/13/2007
4330 Mclaughlin Ave 1989 14 14,495 n/a 15.71 R3, Los Angeles 8/13/2007
1927 N San Fernando Rd 1940 30 21,723 n/a n/a M1, Los Angeles 8/13/2007
12524 Culver Blvd $2,950,000 1963 21 $140,476 18,640 $158.26 n/a n/a R4, Los Angeles 8/15/2007
909 S St Andrews Pl $2,280,000 1960 16 $142,500 9,404 $242.45 n/a n/a R3, Los Angeles 8/15/2007
2555 S Sepulveda Blvd $895,000 1951 3,366 $265.89 n/a n/a LAR3 8/16/2007
936 Elden Ave $850,000 1909 5 $170,000 4,225 $201.18 n/a 15.45 R4, Los Angeles 8/16/2007
530-534 1/2 W 76th St $545,000 1914 6 $90,833 2,874 $189.63 n/a n/a R3, Los Angeles 8/16/2007
624 S Ridgeley Dr $1,600,000 1939 6 $266,667 6,044 $264.73 3.04 18.13 R4, Los Angeles 8/17/2007
 Report provided by Omar Ting & Adam Peterson | The DT Group | Multi-Family Specialists | Downtown, USC, Silverlake/Echo Park, and Koreatown
968 S Harvard Blvd $665,000 1960 6 $110,833 3,980 $167.09 4.39 13 R4, Los Angeles 8/17/2007
1724 El Cerrito Pl 1939 8 5,148 n/a n/a R4, Los Angeles 8/20/2007
10319 Almayo Ave $2,085,000 1962 6 $347,500 7,522 $277.19 n/a n/a R3, Los Angeles 8/21/2007
2309 S Ridgeley Dr $1,190,000 1950 10 $119,000 5,930 $200.67 5.02 12.64 R3-1, Los Angeles 8/21/2007
920 S Hobart Blvd $4,200,000 1928 49 $85,714 28,760 $146.04 n/a n/a R4, Los Angeles 8/22/2007
3051 Leeward Ave $4,050,000 1926 47 $86,170 21,784 $185.92 n/a n/a R4, Los Angeles 8/22/2007
7323 Willoughby Ave $3,779,000 1957 19 $198,895 12,640 $298.97 5.45 11.96 R3, Los Angeles 8/22/2007
744 S Catalina St $3,750,000 1927 40 $93,750 94,944 $39.50 n/a n/a LAR4 8/22/2007
923 Irolo St $2,770,000 1929 32 $86,563 20,060 $138.09 n/a n/a LAR4 8/22/2007
227 S Carondelet St $1,650,000 1993 10 $165,000 8,750 $188.57 3.49 15.09 R3, Los Angeles 8/22/2007
855 W 84th St 1908 8 3,332 n/a n/a R3, Los Angeles 8/22/2007
711-721 S Harvard Blvd $3,500,000 1964 26 $134,615 11,498 $304.40 3.94 15.6 8/23/2007
1638 Serrano Ave $750,000 1922 3,900 $192.31 n/a n/a R4, Los Angeles 8/24/2007
849 S Harvard Blvd $2,965,000 1988 15 $197,667 10,844 $273.42 n/a 14.38 R4, Los Angeles 8/28/2007
742 Maltman Ave $1,334,750 1962 6 $222,458 6,548 $203.84 5.97 12.22 R3, Los Angeles 8/28/2007
11822 Goshen Ave $0 1988 10 14,337 $0.00 n/a n/a R3-1, Los Angeles 8/29/2007
2033 N Vermont Ave $1,500,000 1940 8 $187,500 5,680 $264.08 n/a n/a R3, Los Angeles 8/31/2007
3330 Chapman St $925,000 1963 12 $77,083 7,018 $131.80 5.69 n/a RD2, Los Angeles 8/31/2007
Average $2,850,619 31.5 $158,630 15,968 $187.48 - -
*Source: CoStar Comps

Average Cap Rate & Average GRM have been omitted due to unavailability of complete information. The values that are reported may or may not be exact
figures.

Key Rates
Prime: 8.250%
6-Mo Libor: 5.458%
12-MTA 4.933%
COFI 4.277%
10-Yr CMT: 4.410%
10-Yr Treas: 4.491%
th
*as of September 16 , 2007