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RECENT SUCCESS OF OUR COMPETITIVE SALE PROGRAM

3 Units - 2222 W. Edinger Ave., Santa Ana - MikeLembeck.com

3 Units - 2222 W. Edinger Ave., Santa Ana

SOLD IN 4 DAYS - $40,000 ABOVE SELLERS ASKING PRICE

This IS NOT a distressed or REO property. Lowest priced triplex in Orange County. Priced at only 13.5 x gross and at a 4.69% cap rate on current rents and expenses. Upside in rents allows for a market GRM of only 7.65 x gross and a cap rate of 10.2%. Located less than 1 mile from Mater Dei High School. In close proximity to plenty of restaurants, schools and shopping in the Centennial Park/Adams neighborhood of Santa Ana, one of Orange County's best rental markets. This property has been rented to the same tenants for over 20 years who always pay on time and are very cooperative. Large front patios for two front units and large backyard area for rear tenants. Units consist one 2 bedroom 1 bath and two 1 bedroom one baths.

4 Units - 924 Easton St., Placentia- MikeLembeck.com

4 Units - 924 Easton St., Placentia

SOLD IN 3 DAYS - $26,000 OVER SELLER’S ASKING PRICE

Single level four-plex. All 2 bedroom 1 bath units. Four separate detached units with an attached one-car garage and patio between each unit. Always 100% occupied. Separately metered for gas and electricity. Low expenses. Four separate water heaters. HUGE upside in rents. Market rents in the area are approx. $1,500 or more. Only 12.2 x gross on market rents of $1,500 each. 5.97% cap rate on market rents. Close to freeways, Disneyland and shopping.

House and 2 Units - 1814 Viola Pl. Costa Mesa - MikeLembeck.com

House and 2 Units – 1814 Viola Pl. Costa Mesa

SOLD IN 3 DAYS – AT SELLER’S ASKING PRICE

This property consists of a Costa Mesa house and 2 unit property in a great cul-de-sac location. Freshly painted exterior. Large 11,326 sq. ft. lot. All units are 2 bedroom 1 bath. Approx. 1,018 sq. ft. each. Plus four enclosed garages. Close to the beach, parks, freeways and shopping. Rear unit has large enclosed backyard/parking area. Front house has laundry hookups. Rear units have shared laundry room. Balcony was recently completely rebuilt at the cost of $15,000. A bit of a fixer – priced accordingly and well below recent sales comps.

PAST SUCCESSFUL SALES

2 Units - Long Beach - MikeLembeck.com

2 Units - Long Beach

SOLD IN 11 DAYS - $91,000 OVER SELLERS ASKING PRICE

Huge Belmont Heights duplex. Approx. 1,764 sq. ft. each. One 3 br. 2 ba. and one 2 br. 2 ba. with den. Fireplaces. New roof in 2001. Rear unit has new carpet and paint. Huge deck over garages. Located on corner lot.

4 Units - Anaheim- MikeLembeck.com

4 Units - Anaheim

SOLD IN 7 DAYS – $6,000 OVER SELLER’S ASKING PRICE

Bread and butter 4 plex in strong rental area of Anaheim near Disneyland, Anaheim Convention Center and Knotts Berry Farm. All units are 2 bedrooms 2 baths. All units have their own enclosed garages. Close to shopping centers, schools and freeways. Individually metered units for gas and electric. Owner pays for water and trash only.

4 Units - Long Beach - MikeLembeck.com

4 Units - Long Beach

SOLD IN 13 DAYS – $15,000 OVER SELLER’S ASKING PRICE

Extremely sharp 4 plex. All units are 1 bedroom 1 bath. All units have newer paint, carpet, tile, light fixtures, landscaping, etc. Backyard area for tenants. Two enclosed garages located in highly desirable Wrigley area. Buyer to coop with sellers 1031 exchange.

4 Units - Long Beach - MikeLembeck.com

4 Units - Long Beach

SOLD IN 12 DAYS – $1,000 OVER SELLER’S ASKING PRICE

Totally Rehabbed 4 Plex. All New Paint, Carpet, Tile, Plumbing, Elect. Etc. All Units Are 2 Br. 1 Ba. With Enclosed Garages.

3 Units - Long Beach - MikeLembeck.com

3 Units - Long Beach

SOLD IN 8 DAYS – $62,000 OVER SELLER’S ASKING PRICE

Nice, well maintained triplex. Lots of recent upgrades and remodeling. Upgraded baths in two units-new ceramic tile. New ceramic tile floor in one unit. Great for owner occupant buyer or first time investor. Two enclosed garages. Lots of room to increase rents and add value.

8 Units - Long Beach - MikeLembeck.com

8 Units – Long Beach

SOLD IN 13 DAYS – $11,000 OVER SELLER’S ASKING PRICE

Cash flow 8 units. Cash flow appx. $1,632 mo. (25% down) appx. 19.6% cash on cash return! Roof and exterior paint appx. 2 years new. Only 7.4 x gross on current rents!

4 Units - Long Beach - MikeLembeck.com

4 Units - Long Beach

SOLD IN 5 DAYS – AT SELLER’S ASKING PRICE

House and 3 units. 2 bedroom 1 bath house in front and triplex in the rear consisting of one 3 bedroom 2 bath and two 1 bedroom 1 bath units. All new exterior paint. Very low expenses. Tenants pay all utilities including water and trash. Room to increase rents. See actual and market rents below. Long term tenants - two tenants have been there for many years. First time on the market in over 10 years. Great street exposure allows for quick and easy renting. Plenty of off street parking for tenants.

3 Units - Long Beach - MikeLembeck.com

3 Units – Long Beach

SOLD IN 8 DAYS – $15,000 OVER SELLER’S ASKING PRICE

Two houses on one lot with additional studio unit. Shows extremely well. Wrought iron fence with sliding gate. 2 br. and 1 br. individual houses plus additional 1 br. (unpermitted) unit in back. One bdrm. unit is currently owner occupied - see actual (ACT) and market (MKT) rents below. Great property for owner occupant buyer or first time investor.

2 Units - Long Beach - MikeLembeck.com

2 Units - Long Beach

SOLD IN 1 DAY – $6,100 OVER SELLER’S ASKING PRICE

Nice duplex with white picket fence. One 3 br. & one 2 br. Completely rehabbed in 2001. Property was gutted and everything is new including: copper plumbing, gas & sewer lines, electrical, elec. panels, heaters, flooring, ceramic tile, etc. Located in historical area. Great property for owner occupant buyer. Live in one and use rent from other unit to help pay mortgage.

2 Units - Long Beach - MikeLembeck.com

2 Units – Long Beach

SOLD IN 3 DAYS – $2,000 OVER SELLER’S ASKING PRICE

Nice two houses on a lot with great curb appeal! New interior and exterior paint and near new roof. Two enclosed garages. Ceramic tile. Large approx. 1,600 sq. ft. 2 br. 1.5 bath unit with fireplace. Would be great for owner occupant buyer. Plus approx. 600 sq. ft. 1 br. unit that has been upgraded (owner used to live in).

4 Units - Long Beach - MikeLembeck.com

4 Units – Long Beach

SOLD IN 19 DAYS – $15,000 OVER SELLER’S ASKING PRICE

House and 3 units. 2 br. 1 ba. house plus large approx. 1,500 sq. ft. 2 br. 2 ba. unit and two 1 brs. Out of area owner has left rents low. See actual and market rents below. Expenses are estimated. Cash flow analysis based on market rents.

6 Units - Long Beach - MikeLembeck.com

6 Units – Long Beach

SOLD IN 34 DAYS – $10,000 OVER SELLER’S ASKING PRICE

Nice, clean 6 unit building located in area of mostly single family homes. Close to Long Beach City College. Good unit mix of two 1 brs. and four 2 brs. Cash flow approx. $531 month (25% down)

4 Units Costa Mesa - MikeLembeck.com

4 Units – Costa Mesa

SOLD IN 30 DAYS – $1,100 OVER SELLER’S ASKING PRICE

Costa Mesa Cash Flow 4 Plex. Cash Flow Appx $1,230 Mo.(20% Down) Appx. 18% Cash On Cash Return. Located In Xlnt Rental Area. Huge Upside In Rents. Enclosed Garages.

2 Units Santa Ana - MikeLembeck.com

2 Units – Santa Ana

SOLD IN 9 DAYS – $30,000 OVER SELLER’S ASKING PRICE

Very well maintained cottage style duplex located in historic Santa Ana. Quiet area near French Park. Large 1 br. 1 ba. units with washer/dryer hookups, individual water heaters and enclosed garages. Partially restored and on historic register.

4 Units - Buena Park - MikeLembeck.com

4 Units – Buena Park

SOLD IN 5 DAYS – $3,000 OVER SELLER’S ASKING PRICE

Lowest priced 4 plex in the area. Single story 4 plex. Two 2 br. 1 ba. and two 1 br. 1 ba. units with 6 enclosed garages. Laundry hookups in each unit. Separate water heaters. Located near Knotts Berry Farm. Excellent rental area. Rents shown are actual.

4 Units - Anaheim - MikeLembeck.com

4 Units – Anaheim

SOLD IN 30 DAYS – AT SELLER’S ASKING PRICE

Nice 4 plex in great rental area of Anaheim. Freeway close to 5 and 91 freeways. All 2 br. 2 ba. units with enclosed garages. Units are large almost 1,000 sq. ft. and well laid out. This building is one of the cleanest multi-unit properties in the neighborhood. Several units were recently upgraded with new floors, carpet and countertops. Excellent location, walking distance to schools and shopping. Convenient on site community laundry facilities. Room to increase rents.

4 Units - Anaheim - MikeLembeck.com

4 Units – Anaheim

SOLD IN 30 DAYS – AT SELLER’S ASKING PRICE

Nice 4 plex in great rental area of Anaheim. Freeway close to 5 and 91 freeways. All 2 br. 2 ba. units with enclosed garages. Units are large almost 1,000 sq. ft. and well laid out. This building is one of the cleanest multi-unit properties in the neighborhood. Several units were recently upgraded with new floors, carpet and countertops. Excellent location, walking distance to schools and shopping. Convenient on site community laundry facilities. Room to increase rents.

4 Units - Garden Grove - MikeLembeck.com

4 Units – Garden Grove

SOLD IN 20 DAYS – $4,888 OVER SELLER’S ASKING PRICE

Freshly painted large Covington style 4 plex in great location near Crystal Cathedral and UCI Medical Center. One 3 bdrm 1.75 bath, two 2 bdrm. 1.75 bath and 1 bdrm. 1 bath. Four enclosed garages. Three units have patios. All units have fireplaces. Three units have newer carpet. Rents are close to market for the area. Building rarely has a vacancy and units are easy to rent. Good street exposure allows owner to just put out a sign and prospective tenants call to inquire.

8 Units - Anaheim - MikeLembeck.com

8 Units – Anaheim

SOLD IN 30 DAYS – $1,000 OVER SELLER’S ASKING PRICE

Rehabbed 8 Units In Excellent Ana. Location. All New Carpets, Floor Tile, Interior Paint, Countertops, Sinks, Water Heater, Front Doors, Etc. New Copper Plumbing In 90% Of Building. Cash Flow Approx. $1,355 Mo. (25% Down) Approx. 8% Cash On Cash Return Seller Has Found Upleg-Need Quick Sale

5 Units - Santa Ana - MikeLembeck.com

5 Units – Santa Ana

SOLD IN 30 DAYS – $2,100 OVER SELLER’S ASKING PRICE

Older Totally Rehabbed 3 Br. House With Basement. Appx. 1300 Sq. Ft. Great For owner occupant. Plus 4-1 Br. Units In Rear-built 1960. Cash Flow Appx. $1,200 Month (25% Down) Appx. 18.5% Cash On Cash Return. 3 Br. House Is Currently Vacant For Potential Owner Occupant.

4 Units- Huntington Beach - MikeLembeck.com

4 Units – Huntington Beach

SOLD IN 15 DAYS – $2,000 OVER SELLER’S ASKING PRICE

Money Maker. No Vacancy. Newly Painted Exterior and new roof. Seller Is A license CA real estate agent. Buyer to cooperate with seller’s 1031 exchange.

4 Units La Habra - MikeLembeck.com

4 Units – La Habra

SOLD IN 1 DAY – $1,000 OVER SELLER’S ASKING PRICE

Bank owned property'. Great Investment Fourplex. Every unit is 2 Bedrooms & 2 Baths. plus one car garage. PROPERTY NEEDS 'TLC'. Property sold 'AS IS' condition. ALL CONTRACTS/OFFERS ARE SUBJECT TO SELLER SENIOR MANAGEMENT APPROVAL AND ANY OFFERS OR COUNTER OFFERS BY SELLER ARE NOT BINDING UNLESS THE ENTIRE AGREEMENT IS RATIFIED BY ALL PARTIES. WASHER & DRYER EXCLUDED IN THE SALE.

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