CITY OF Los ANGELES CALIFORNIA. April 25,2013 Council District # 2. Case #: Honorable Council of the City of Los Angeles Room 395, City Hall

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1 BOARD OF BUILDING AND SAFETY COMMISSIONERS HELENA JUBANY PRESIDENT VAN AMBATIELOS VICE-PRESIDENT E. FELICIA BRANNON VICTOR H. CUEVAS SEPAND SAMZADEH CITY OF Los ANGELES CALIFORNIA ANTONIO R. VILLARAIGOSA MAYOR DEPARTMENTOJo' BUILDING AND SAFETY 201 NORTH l'igueroa STREET LOSANGELES,CA 900J2 ROBERT RAYMOND GENERAL EXECUTIVE R. "Bud" OVROM MANAGER S. CHAN, C.E., S.E. OFFICER April 25,2013 Council District # 2 Honorable Council of the City of Los Angeles Room 395, City Hall Case #: JOB ADDRESS: 7059 N ALCOVE AVE CONTRACT NO.: B F T T Pursuant to the provisions of Section and Section , Los Angeles Municipal Code the Department of Building and Safety has caused the barricading of all openings and fencing of the lot at the above address in the City of Los Angeles. The cost of barricading the subject building(s) was $ The cost of fencing the subject lot was $4, The cost of investigating the violation(s) was $1, The cost of lit Ie search(es) on the subject lot was $ It is proposed that a lien for the total amount of $6, 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 Administrative Code. ROBERT R. 'Bud' OVROM General Manager RO:FL: fmr Attachments

2 REPORT OF ABATE OF A PUBLIC NUISANCE On September 20, 2012 pursuant to the authority granted by Section and of the Los Angeles Municipal Code, the Department of Building and Safety ordered the owners or other parties in interest within thirty days(30) days to secure all openings accessible for entry from the exterior of the building(s) and weatherproofthe barricades installed, and fence the lot on the parcel located at 7059 N ALCOVE AVE, within the limits of the City of Los Angeles, State of California, being more particularly described as follows: See Attached Title Report for Legal Description The owners or other parties in interest of the above described property having failed to comply with the time prescribed the Department solicited bids, awarded a contract and caused said abatement of nuisance as follows: by Ordinance, Work Description BARRICADE FENCE Work Order No. B3768 F3611 Date Completed February 15,2013 February 22, 2013 Cost $ $4, Additionaly, there are unpaid invoices for fees assessed to recover Deparmental costs in pursuit of compliance as follows: ~ CODE VIOLATION INSPECTION FEE Invoice No Amount $ Late Fees $ Total $1, Title report costs were as follows: Title Search Work Order No. Amount FULL SUPPLEMENTAL T8996 T9412 $48.00 $7.50 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 $4, plus an amount equal to forty percent (40%) or a minimum of $ of such cost, plus the fee for investigating the violation(s) of$i,309.29, plus the Cost of Title Search(es) on the subject lot was $ for a total of $6,995.17, be recorded against said property. It is further requested that the Honorable Council instruct the Financial Services Section ofthe Department of Building and Safety, that upon receipt of any payment on this lien against this property to deposit the amount to Dept. 08 (Bldg. & Safety Dept.), Fund 346, Revenue Source No in the amount of $5,630.38, and to deposit to Fund 48R the amount of$1, 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 property including all encumbrances of record on the property as of the date of this report. This official report, in duplicate, as set forth in Section of the Los Angeles Municipal Code and Section of the Los Angeles Administrative Code is submitted for your consideration. DATED: April 25, 2013 Robert R. 'Bud' Ovrom General Manager Report and lien confirmed by City Council on: /tpz/v /J~f!'{.~;(1ff'1 Frank Lara, Principal Inspector / Vacant Building Abatement ATTEST: JUNE LAGMA Y CITY CLERK BY DEPUTY

3 April 19, 2013 ASSIGNED INSPECTOR: DUANE JOHNSON JOB ADDRESS: 7059 N ALCOVE AVE ASSESSORS PARCEL NO.: Last Full Title: 09/26/2012 Last Update Title: CASE #: LIST OF OWNERS AND INTERESTED PARTIES FEDERAL NATIONAL MORTGAGE ASSN clo FINANCIAL FREEDOM AQUISITION ATTN. ANDREW SUGRIM 2900 ESPERANZA CROSSING 3RD FL AUSTIN, TX Capacity: OWNER 2 BEAR STEARNS ABC SERIES 2005-HEIO clo JP MORGAN CHASE FKA EMC MORTGAGE CORP 7255 BAYMEADOWS WY JACKSONVILLE, FL CAL-WESTERN RECONVEYANCE CORPORATION 525 EAST MAIN STREET PO BOX EL CAJON, CA RESMAE CORPORATION ATTN: LOAN VAULT 3350 EAST BIRCH STREET SUITE 102 BREA, CA Capacity: INTERESTED Capacity: INTERESTED Capacity: INTERESTED PARTY PARTY PARTY

4 Westcoast Title & Abstract Company, Inc. Monterey Park, Ca Phone fax Work Order No. T9412 Type 0/ Report: Update Report Prepared/or: City 0/ Los Angeles Order Date: Updated as of Fee: $7.50 -SCHEDULEA- (Reported Property Information) For Assessors Parcel Number: Situs Address: 7059 N Alcove Ave. City: Los Angeles County: Los Angeles -VESTING INFORMATION (Ownership) The last Recorded Document Transferring Fee Title Recorded on: As Document Number: Documentary Transfer Tax: $None In Favor of: Federal National Mortgage Association Mailing Address: Federal National Mortgage Association clo Financial Freedom Acquisition, LLC 2900 Esperanza Crossing Austin, TX SCHEDULE B- - The Property Reported Herein is Described as follows: Lot 13, a/tract No , in the City of Los Angeles, County 0/ Los Angeles. State of California, as per map recorded in Book 337, Pagers) 39 and 40 a/maps, in the office of the County Recorder of said County. Page 1of 3 Continued...

5 Westcoast Title & Abstract Company, Inc. Monterey Park, Ca Phone [ox -Schedule B Continued- I. A Deed of Trust Recorded on as Document Number Amount: $344, Trustor: Carmen E. Echeverria, a Single Woman Trustee: Chicago Title Company Beneficiary: Resmae Mortgage Corporation, a Corporation Mailing Address: Resmae Mortgage Corporation, a Corporation 3350 East Birch Street, Suite 102 Brea, CA Attn: Loan Vault Mailing Address: Mortgage Electronic Registration Systems, Inc. (MERS) P.o. Box 2026 Flint, MI Page 2 Order Number: T9412 An Assignment of Beneficial interest Recorded on as Document Number Interest assigned to: US. Bank National Association, as Trustee, Successor in Interest to Bank of America, National Association as Successor by Merger to Lasalle Bank National Association, as Trustee for CertificateHolders of Bear Stearns Asset Backed Securities 1LLC, Asset Backed-Certificates, Series HE10 Mailing Address: JP Morgan Chase FKA EMC Mortgage Corp Baymeadows WY Jacksonville, FL A Notice of Trustee Sale Recorded: Document No.: Trustees Name: Cal-Western Reconveyance Corporation Address: Cal-Western Reconveyance 525 East Main Street P.o. Box El Cajon, CA Corporation 2. A Deed of Trust Recorded on as Document Number Amount: $86, Trustor: Carmen E. Echeverria, a Single Woman Trustee: Chicago Title Company Beneficiary: Resmae Mortgage Corporation, a Corporation Mailing Address: Resmae Mortgage Corporation, a Corporation 3350 East Birch Street, Suite 102 Brea, CA Attn: Loan Vault Page Z of 3 Continued...

6 Westcoast Title & Abstract Company, Inc. Monterey Park Ca Phone fax -Schedule B Continued- 3. A Notice of Sub Standard Property Recorded on: as Document Number: Filed by the City of Los Angeles, Code Enforcement Department 4. A Notice of Pending Lien Recorded as Document Number Filed by the City of Los Angeles Dept. of Building and Safety Page 3 Order Number: T9412 A Statement of information may he required to provide further information on the owners listed below: No Statement ofinformation is required. End of Report

7 Westcoast Title & Abstract Company, Inc. Monterey Park, Ca Phone fax Work Order No. T8996 Preparedfor: City of Los Angeles Type of Report:GAP Report Order Date: Dated as of Fee: $ SCHEDULE A- (Reported Property Information) For Assessors Parcel Number: Situs Address: 7059 N Alcove Ave. City: Los Angeles County: Los Angeles -VESTING INFORMATION (Ownership) The last Recorded Document Transferring Fee Title Recorded on: OS As Document Number: S011 Documentary Transfer Tax: $None In Favor of: Federal National Mortgage Association Mailing Address: Federal National Mortgage Association c/o Financial Freedom Acquisition, LLC 2900 Esperanza Crossing Austin, TX SCHEDULE B- - The Property Reported Herein is Described as follows: Lot 13, of Tract No , in the City of Los Angeles, County of Los Angeles, State of California, as per map recorded in Book 337, Pagers) 39 and 40 of Maps, in the office of the County Recorder of said County. Page 1of 3 Continued...

8 Westcoast Title & Abstract Company, Inc. Monterey Park, Ca Phone fax -Schedule B Continued- 1. A Deed of Trust Recorded on as Document Number Amount: $344, Trustor: Carmen E. Echeverria, a Single Woman Trustee: Chicago Title Company Beneficiary: Resmae Mortgage Corporation, a Corporation Mailing Address: Resmae Mortgage Corporation, a Corporation 3350 East Birch Street, Suite 102 Brea, CA Attn: Loan Vault Mailing Address: Mortgage Electronic Registration Systems, Inc. (MERS) P.o. Box 2026 Flint, M Page 2 Order Number: T8996 An Assignment of Beneficial interest Recorded on as Document Number Interest assigned to: Us. Bank National Association, as Trustee, Successor in Interest to Bank of America, National Association as Successor by Merger to Lasalle Bank National Association, as Trustee for Certificatellolders of Bear Stearns Asset Backed Securities 1LLC, Asset Backed-Certificates, Series RE10 Mailing Address: JP Morgan Chase FKA EMC Mortgage Corp Baymeadows WY Jacksonville, FL A Notice of Trustee Sale Recorded: DocumentNo.: Trustees Name: Cal-Western Reconveyance Corporation Address: Cal- Western Reconveyance 525 East Main Street P.o. Box EI Cajon, CA Corporation 2. A Deed of Trust Recorded on as Document Number Amount: $86, Trustor: Carmen E. Echeverria, a Single Woman Trustee: Chicago Title Company Beneficiary: Resmae Mortgage Corporation Page 2 of 3 Continued...

9 Westcoast Title & Abstract Company, Inc. Monterey Park, Ca Phone /ax -Schedule B Continued- Page 3 Order Number: T8996 Mailing Address: Resmae Mortgage 3350 East Birch Street, Suite 102 Brea, CA Attn: Loan Vault Corporation 3. A Notice of Sub Standard Property Recorded on: 02-, as Document Number: Filed by the City of Los Angeles, Code Enforcement Department A Statement of information may be required to providefurther information on the owners listed below: No Statement o(information is required. End of Report

10 Property Detail Report For Property Located At : 7059 ALCOVE AVE, NORTH HOllYWOOD, CA C: CoreLogic' RealOuest Owner Information Professional o Owner Name: MaHing Address: Vesting Codes: FEDERAL NATIONAL MORTGAGE ASSN 2900 ESPERANZA XING #3RD, AUSTIN TX C031 CIO FINANCIAL FREEDOM ACQUISITIO II AS Location Information legal Description: County: Census Tract I Block: Township-Range-Sect: Lega! Book/Page: Lega! Lot: Lega! Block: Market Area: Neighbor Code: TRACT # LOT 13 LOS ANGELES, CA / APN: Alternate APN: Subdivision: Map Reference: Tract#: School District: MunicfTownship: A3/532 E LOS ANGELES Owner Transfer Information Recording/Sale Date: Sale Price; Document#: 08/01/ /26/2011 $216, Deed Type: 1st Mig Document #: TRUSTEE'S DEED Last Market Sale Information Recording/Sale Date: Sale Price: Sale Type: Document#: Deed Type: Transfer Document #: New Construction: Title Company: Lender: Seller Name: 05/24/2005 I 05/09/2005 $430,000 FULL GRANT DEED CHICAGO TITLE CO. RESMAE MTG CORP ALCOVE TRUST 1st MIg AmounVType; 1st Mtg lnt Rate/Type: 1st MIg Document #: 2nd Mtg AmounVType: 2nd Mig tnt. Rate/Type: Price Per SqFt: Ml.litifSplit Sale: $344,000 I CONV ADJ $86,000 I CONV 1 FIXED $ Prior Sale Information Prior Reo/Sale Date: Prior Sale Price: Prior Doc Number: Prior Deed Type: 10/ /10/02/2003 $300, CORPORATION GRANT DEED Prior Lender: Prior 1st Mtg AmVType: Prior 1st Mtg Rate/Type: PEOPLES CHOICE HM LN INC $240,000 I CONV ADJ Property Characteristics Gross Area: Living Area: Tot Adj Area: Above Grade: Total Rooms: Bedrooms: Bath(F/H): Year Built I Eft: Fireplace: # of Stories: Other Improvements: / FENCEjADDITION Parking Type: Garage Area: Garage Capacity: Parking Spaces: Basement Area: Finish Bsmnt Area: Basement Type: Roof Type: Foundation: Roof Material: PARKING 2 2 AVAIL RAISED COMPOSITION SHINGLE Construction: Heat Type: Exterior wall: Porch Type: Patio Type: Pool: Air Oond: Style: Quality: Condition: HEATED STUCCO CONVENTIONAL Site 1nformation Zoning: Lot Area: Land Use: Site Influence: LAR1 6,706 SFR Acres: Lot Width/Depth: Res/Comm Units: x County Use: State Use: WalerType: Sewer Type: SINGLE FAMILY RESID (0100) TYPE UNKNOWN Tax Information Total Value: Land Value: Improvement Value: Total Taxable Value: $273,000 $191,000 $82,000 $273,000 Assessed Year: Improved %: Tax Year: % 2012 Property Tax: Tax Area: Tax Exemption: $3,

11 Comparable Summary C CoreLogic For Property located At RealQuest Professional 7059 ALCOVE AVE, NORTH HOLLYWOOD, 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: 4 I. SubjeciProperty :Sale Price :Bldg/LivingArea :Price/Sqft [Year Built Ilot Area IBedrooms I!Bathrooms/Restrooms I Stories ITotal Value IDistance From Subject 1.,,,..,,,.,,.,,.,,_,...,._.,,,,,,.,,,,,,,,,_,,"",_."._"".,. h. "".,._~,..,, < "= user supplied for search only $430, $ , $273, " 0',,,.-,,,.. " "" ""."...,., " _._."~_,,,,_.,,". ~Lo~w~. -:-:.:High _. Average $240,000 $289,000 $259, $ $ $ ,900 8,040 7, $52,855 $298,860 $202, [5B# F Address Sale Price Yr Bit Bed Baths/Restrooms(Full) last Recording Bld/Liv Lot Area Subject Property ALCOVE AVE $430, OS/24/ , Com parables [5B HART ST $289, /20/ ,900 [5B BEllAIRE AVE $250, /29/ ,950 [5B COLDWATER $260, /28/ ,040 CANYON AVE f: J WELBY WAY $240, /27/ ,962