CITY of Los ANGELES CALIFORN1A

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1 lloalul Of lluildlng AND SAFETY COMMISSIONERS MARSHAL. DROWN PRESIDENT VAN AMIJATIELOS VICE-PRESrDENT VICTOR H. CUEVAS HELENA JUBANY ELENORE A. WILLIAMS CITY of Los ANGELES CALIFORN1A ANTONIO R. Vll..LARAIGOSA MAYOR DEPARTMENT OF BUILDING AND SAFETY 201 NORTH FIGUEROA STREET LOS ANGELES, CA ROBERT R. "Bud" OVROM GENERAL MANAGER RAYMOND S. CHAN, C.E., S.E. EXECUTIVE OFHCER August 18,2011 Honorable Council ofthe City of Los Angeles Room 395, City Hall Council District# 11 Case#: JOB ADDRESS: W JDAHO AVE CONTRACT NO.: Cll8544 Pursuant to the provisions of Section and Section , Los Angeles Municipal Code the Department of Building and Safety has caused the cleaning of the lot at the above address in the City of Los Angeles. The cost of cleaning the subject lot was $ It is proposed that a lien for the total amount of $ be recorded against the real property upon which the services were rendered. The official report, in duplicate, as required in connection with this matter is submitted for your consideration. It is requested that the Honorable Council designate the time and place, when and where protest can be heard concerning this matter, as set forth in Section of the Los Angeles Municipal Code and Section , Los Angeles Ad.mi11istrative Code. ROBERT R. 'Bud' OVROM Frank Lara, Principal Inspector Vacant Building Abatement RO:FL: fmr Attachments

2 REPORT OF ABATE OF A PUBLIC NUISANCE On September 02,2008 pursuant to the authority granted by Section and of the Los Angeles Municipal Code, the Depm1ment ofbuildi11g and Safety ordered the owners or other parties in interest within thi11y days(30) days to remove the accumulation of trash, debris, vehicle parts, rubbish, excessive vegetation or other similm conditions on the parcel located at W IDAHO AVE, within the limits of the City of Los Angeles, State ofcalifomia, being more particularly described as follows: See Attached Title Report for Legal Description The owners or other pmties in mterest of the above described property having failed to comply with the time prescribed by Ordinance, the Department solicited bids, awarded a contract and caused said abatement of nuisance as follows: Job Description CL EAN Date Completed June 30, 2011 Cost $ Pursuant to the authority granted by Section of the Los Angeles Municipal Code and Section of the Los Angeles Administrative Code, it is proposed that a lien for the sum of $ plus an amount equal to forty percent (40%) or a minimum of $ of such cost, for a total of $644.00, be recorded against said property. It is further requested that the Honorable Council instruct the Financial Services Section of the Depa11ment of Bui lding and Safety, that upon receipt of any payment on this lien against this prope11y to deposit the amount to Dept. 08 (Bldg. & Safety Dept.), Fund 346, Revenue Source No in the amount of $ Please see attached for the names and addresses of owners entitled to notice. Also attached is a statement of the fair market value of this prope11y including all encumbrances of record on the property as of the date of this report. This official report, in dup licate, as set fm1h in Section of the Los Angeles Municipal Code and Section ofthe Los Angeles Administrative Code is submitted for your consideration. DATED: August 18, 2011 Robert R. 'Bud' Ovrom Report and lien confirmed by City Council on: ATTEST: JUNE LAGMA Y, CITY CLERK BY DEPUTY "--

3 July 25,2011 SSIGNED INSPECTOR: MICHAEL SCHULZINGER )B ADDRESS: 1 l 772 W IDAHO AVE SSESSORS PARCEL NO.: Last Full Title: 07/20/2011 Last Update Title: CASE#; LIST OF OWNERS AND INTERESTED PARTIES MAM \VEAL TH REALTY FUND LLC c/o ALEX MARTINEZ VENTURA BLVD.,# 302 SHERMAN OAKS, CA Capacity: OWNER

4 Westcoast Title Work Order No. T8036 Type if Report: GAP Report Order Date: & Abstract Company, Inc. 400 S. Alhambra Ave. Ste B Monterey Park, Ca Phone 626~ fax Prepared for: City of Los Angeles Dated as of Fee: $ SCHEDULE A (Reported Property Information) For AsseSS(JrS Parcel Number: Situs Address: W. Idaho A Fefllle City: Los Angeles County: Los Angeles -VESTING INFORMATION (Ownership) The last Recorded Document Transferring Fee Title Recorded on: 10- I As Document Number: Documentary Transfer Tax: $None In Favor of: MAM Wealth Management Real Estate Fund I, LP, a Delaware Limited Pwtnership Mailing Address: MAM Wealth Realty Fund Ventura Blvd., #302 Sherman Oaks, CA SCHEDULE B- -The Property Reported Herein is Described as follows: Parcell: Lot Northeast feet of Lot 1 of Tract Driggs Tract, in the City of Los Angeles, County of Los Angeles, State of Califomia, as per map recorded in Book 15, Page(s) 129 of Maps, in the office of the County Recorder of said County. Page 1 of 2 Continued...

5 W estcoast Title & Abstract Company, Inc. 400 S Alhambra Ave. Ste B Monterey Park. Ca Phone fax -Schedule.B Continued- I. A Notice offending Lien Recorded / as Document Number Filed by the City of Los Angeles Dept. ofbuilding and Safety Page2 Order Number: T8036 A Statement of information may be required to providefw1her information on the owners listed below: No Statement o(in{ormation is required. End of Report

6 WestCoast Title Company n ~ ]5480 Arrow Hwy. Suite 216 Irwindale, Ca {626} {626} fax Work Order No. T5534 Prepared for: City of Los Angeles Type of Report: Update Report Order Date: Updated as of Fee: $5.00 -SCHEDULE A (Reported Property Information) For Assessors Parcel Number: Situs Address: W. Idaho Avenue City: Los Angeles Couuty: Los Angeles -VESTING INFORMATION (Ownership) The last Recorded Document Transferring Fee Title Recorded on: As Document Number: Documentary Transfer Tax: None In Favor of: MAM Wealth Management Real Estate Fund I, LP, a Delaware Limited Partnership Mailing Address: MAM Wealth Realty fund If j0/ ;J/)r; /L 11,o (: 15456VenturaBlvd.,#302 f(() A,f(f?)LJ jfj{/,j-....1//tl - Sherman Oaks, CA ' 1 r -SCHEDULE B- -The Property Reported Herein is Described as follows: Northeast feet of Lot I of Driggs Tract, in the City of Los Angeles, County of Los Angeles, State of California, as per map recorded in Book 15, Page(s) 129 of Maps, in the office of the County Recorder of said County. Page 1 of 3 Continued...

7 WestCoast Title Company An-ow Hwy. Suile 216 Irwindale, Ca {626} 307-1!4S {626} fax Page2 Order Number: T A Deed of Trust Recorded on as Document Number Amount: $647, Trustor: Mike Jolly, an Unmarried Mw: Trustee: Washington Mutual Bank Beneficiary: Washington Mrrt!lc!f Bank. F'A Mailing Address: Washington Mutual Bank, FA! 400 South Douglas Road, Suite 100 Anaheim, CA Schetlule B Continued- 2. A Deed of Trust Recorded on as Document Number Amount: $70, Trustor: Mike Jolly, an Unman ied Man Trustee: Richard D. Green Trustee of the Richard Green Trust Dated 01/07/1988 Beneficiary: Richard D. Green Trustee of the Richard Green Tntst Dated 01/ Mailing Address: Richard D. Green Trustee of the Richard Green Trust Dated th Street, #556 Santa Monica, CA A Notice of Default Recorded on: Document Number: An Abstract of Judgment Recorded on: as Document number: Case Number: BC Plaintiff/Creditor: Marc Gross and Susan Gross Debtor(s) Name: Michael B. Jolly aka Mike JolZy dba Jolly Construction; and Does 1 through 50 Inclusive Amount: $153, Creditors Mailing Address: Gross & Gross, P.C Wilshire Blvd., 9th Floor West Beverly Hills, CA A Notice of Sub Standard Property Recorded on: as Document Number: Filed by the City of Los Angeles, Code Enforcement Department 5. A Notice of Pending Lien Recorded as Document Number Filed by the City of Los Angeles Dept. ofbuilding and Safety Page 2 of 3 Continued...

8 WestCoast Title Company J 5480 Arrow Hwy. Suite 216 hwindale, Ca {626} {626} fax Page3 Order Number: T5534 -Schedule B Continued- 6. A Mechanics Lien Recorded: Document No.: Amount: $35, Owner:?dike Jolly /Claimant: Antieri & Associates Consulting Engineers, Inc..::---, j A.~:,.. Address: Antieri & Associates t:. U Ingrid Forero 811 Wilshii e Blvd., Suite 1675 Los Angeles, CA A Statement of information may be required to provide further information on the owners listed below: No Statement o[in(ormation is required. End ofreport

9 WestCoast Title Company C\ ~ Arrow Hwy. Suite 216 Irwindale, Ca {626} 30U 145 {626} fax Work Order No. T5197 Type of Report: GAP Report Order Date: Prepared for: City of Los Angeles Dated as of Fee: $ SCHEDULE A (Reported Property Information) For Assessors Parcel Number: Situs Address: W. Idaho Avenue City: Los Angeles County: Los Angeles -VESTING INFORMATION (Ownership) The last Recorded Document Transferring Fee Title Recorded on: 10-! As Document Number: I Documentary Transfer Tax: $3, In Favor of: Michael Jolly, an Unmar ried Man Mailing Address: Mike Jolly 5710 Crescent Park East, #333 Playa Vista, CA SCHEDULE B- -The Property Reported Herein is Described as follows: Northeast feet of Lot 1 of Driggs Tract, in the City of Los Angeles, County of Los Angeles, State of California, as per map recorded in Book 15, Page(s) 129 of Maps, in the office of the County Recorder of said County. Page 1 of 2 Continued...

10 WestCoast Title Company Arrow Hwy Suite 216 Irwindale, Ca {626} {626} 307-!784 fax Page2 Order Number: T A Deed of Trust Recorded on as Document Number Amount: $647, Trustor: Mike Jolly, an Unman ied Man Trustee: Washington Mutual Bank Beneficiary: Washington Mutual Bank, FA Mailing Address: Washington Mutual Bank, FA 1400 South Douglas Road, Suite 100 Anaheim, CA Schedule B Continued- 2. A Deed of Trust Recorded on as Document Number Amount: $70, Tn-1stor: Mike Jolly, an Unmarried Man Trustee: Richard D. Green Trustee of the Richard Green Trust Dated 01/07/1988 Beneficiary: Roro D. Green Trustee of the Richard Green Trust Dated 01/ Mailing Address: Richard D. Green Trustee of the Richard Green Trust Dated JJ 58 26th Street, #556 Santa Monica, CA A Notice of Default Recorded on: Document Number: An Abstract of Judgment Recorded on: as Document number: Case Number: BC PlaintijJlCreditor: Marc Gross and Susan Gross ~ Debtor(s) Name: Michael B.~J< '!Jl aka Mike Jolly dba Jolly Construction; and Does 1 through 50 Inclusive ~ Amount: $153, Creditors Mailing Address: ross & Gross, P. C Wilshire Blvd., 9th Floor West Beverly Hills, CA A Statement of information may be required to provide further information on the owners listed below: No Statement ofin(onnation is required. End of Report

11 Property Detail Report For Property Located At IDAHO AVE, LOS ANGELES, CA Owner Information: Owner Name: MAM WEALTH MANAGEMENT REAL/ESTATE FUND ILP Mailing Address: VENTURA BLVD #302, SHERMAN OAKS CA C007 Phone Number: Vesting Codes: II LP Location Information:. Legal Description: DRIGGS TRACT NE FT OF LOT 1. County: LOS ANGELES, CA APN: Census Tract I Block: Alternate APN:. Township-Range-Sect: Subdivision: Legal Book/Page: Map Reference: Legal Lot: 1 Tract#: Legal Block: Market Area: Neighbor Code: Owner Transfer Information: Recording/Sale Date: I Deed Type: Sale Price: Document #: i Last Market Sale Information: Recording/Sale Date: 10118/2006 I 08/01/2006 Sale Price: $785,000 Sale Type: FULL Document#: Deed Type: GRANT DEED Transfer Document#: New Construction: Title Company: CALIFORNIA TITLE CO Lender: WASHINGTON MUTUAL BK Seller Name: CHEZ EM FAMILY Prior Sale Information: Prior Rec/Sale Date: 07/ Prior Sale Price: Prior Doc Number: Prior Deed Type: GRANT DEED Property Characteristics: Gross Area: 654 Parking Type: Living Area: 654 Garage Area: School District: Munic/Township: 1st Mtg Document#: 1st Mtg Amount/Type: 1st Mtg Int. Rate/Type: 1st Mtg Document #: 2nd Mtg Amount/Type: 2nd Mtg Int. Rate/Type: DRIGGS 41-D41631-J6 LOS ANGELES GRANT DEED $647,100 I CONV 9.181ADJ I I Price Per SqFt: $1, Multi/Split Sale: Prior Lender: Prior 1st Mtg Amt/Type: Prior 1st Mtg Rate/Type: Construction: HeatType: Tot Adj Area: Garage Capacity: Exterior wall: Above Grade: Parking Spaces: Porch Type: Total Rooms: Basement Area: Patio Type: Bedrooms: 2 Finish Bsmnt Area: Pool: Bath(FIH): 1 I Basement Type: Air Cond: Year Built I Eff: Roof Type: Style: Fireplace: I Foundation: Quality: # of Stories: Roof Material: Condition: Other improvements: Site Information: ' Zoning: Flood Zone: Flood Panel: Flood Panel Date: Land Use: Tax Information: Total Value: Land Value: Improvement Value: Total Taxable Value: LAR3 SFR $562,000 $495,000 $67,000 $562,000 Acres: Lot Area: Lot Width/Depth: Res/Comm Units: Assessed Year: Improved%: Tax Year: HEATED YES SINGLE 0.07 County Use: FAMILY RESID (0100) 2,831 State Use: X Site Influence: 1 I Sewer Type: Water Type: 2010 Property Tax: $7, % Tax Area: Tax Exemption:

12 Comparable Summary For Property Located At DAHO AVE, LOS ANGELES, CA Comparable(s) found. (Click on the address to view more property information) View Report? Configure Display Fields Modify Comparable Search Criteria Summary Statistics For Selected Properties: 1 SL:~~ject P~()P(;!rtY.. Low High Average Sale Price $785,000 $415,000 $415,000 $415,000 Bldg/Living Area Price/Sqft $1, $ $ $ Year Built Lot Area 2,831 2,396 2,396 2,396 Bedrooms Bathrooms/Restrooms 1 Stories Total Value $562,000 $325,380 $325,380 $325,380 Distance From Subject *= user supplied for search only p- # Address Sale Price Yr Bit Bed Baths/Restrooms(Full) last Recording Bld/liv lot Area Dist c - '''' c "' ~ '"''" " Subject Property DAHO AVE $785, /18/ , Com parables [ S WESTGATE AVE $415, /18/ ,