CITY of Los ANGELES CALIFORN1A

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 90012 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#: 233890 JOB ADDRESS: 11772 W JDAHO AVE CONTRACT NO.: Cll8544 Pursuant to the provisions of Section 91.8903 and Section 91.8904, 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 $644.00. It is proposed that a lien for the total amount of $644.00 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 91.8906 of the Los Angeles Municipal Code and Section 7.35.3, Los Angeles Ad.mi11istrative Code. ROBERT R. 'Bud' OVROM Frank Lara, Principal Inspector Vacant Building Abatement RO:FL: fmr Attachments

REPORT OF ABATE OF A PUBLIC NUISANCE On September 02,2008 pursuant to the authority granted by Section 91.8903 and 91.8904 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 11772 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 $644.00 Pursuant to the authority granted by Section 91.8906 of the Los Angeles Municipal Code and Section 7.35.3 of the Los Angeles Administrative Code, it is proposed that a lien for the sum of $460.00 plus an amount equal to forty percent (40%) or a minimum of $100.00 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. 3191 in the amount of $644.00. 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 91.8906 of the Los Angeles Municipal Code and Section 7.35.3 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 "--

July 25,2011 SSIGNED INSPECTOR: MICHAEL SCHULZINGER )B ADDRESS: 1 l 772 W IDAHO AVE SSESSORS PARCEL NO.: 4262-013-002 Last Full Title: 07/20/2011 Last Update Title: CASE#; 233890 LIST OF OWNERS AND INTERESTED PARTIES MAM \VEAL TH REALTY FUND LLC c/o ALEX MARTINEZ 15456 VENTURA BLVD.,# 302 SHERMAN OAKS, CA 91403 Capacity: OWNER

Westcoast Title Work Order No. T8036 Type if Report: GAP Report Order Date: 07-07-2011 & Abstract Company, Inc. 400 S. Alhambra Ave. Ste B Monterey Park, Ca. 91755 Phone 626~548-2479 818-337-0474 fax Prepared for: City of Los Angeles Dated as of 07-08-2011 Fee: $48.00 -SCHEDULE A (Reported Property Information) For AsseSS(JrS Parcel Number: 4262-013-002 Situs Address: 11772 W. Idaho A Fefllle City: Los Angeles County: Los Angeles -VESTING INFORMATION (Ownership) The last Recorded Document Transferring Fee Title Recorded on: 10- I 4-2008 As Document Number: 08-1827451 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 15456 Ventura Blvd., #302 Sherman Oaks, CA 91403 -SCHEDULE B- -The Property Reported Herein is Described as follows: Parcell: Lot Northeast 47.25 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...

W estcoast Title & Abstract Company, Inc. 400 S Alhambra Ave. Ste B Monterey Park. Ca. 91755 Phone 626-548-2479 818-337-0474 fax -Schedule.B Continued- I. A Notice offending Lien Recorded /0-10-2008 as Document Number 08-1821881 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

WestCoast Title Company n ~ ]5480 Arrow Hwy. Suite 216 Irwindale, Ca. 91706 {626} 307-1145 {626} 307-1784 fax Work Order No. T5534 Prepared for: City of Los Angeles Type of Report: Update Report Order Date: 12-11-2008 Updated as of 12-09-2008 Fee: $5.00 -SCHEDULE A (Reported Property Information) For Assessors Parcel Number: 4262-013-002 Situs Address: 11772 W. Idaho Avenue City: Los Angeles Couuty: Los Angeles -VESTING INFORMATION (Ownership) The last Recorded Document Transferring Fee Title Recorded on: 10-14-2008 As Document Number: 08-1827451 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 91403 ' 1 r -SCHEDULE B- -The Property Reported Herein is Described as follows: Northeast 47.25 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...

WestCoast Title Company 15 480 An-ow Hwy. Suile 216 Irwindale, Ca. 91 706 {626} 307-1!4S {626} 307-1784 fax Page2 Order Number: T5534 1. A Deed of Trust Recorded on 10-18-2006 as Document Number 06-2315672 Amount: $647,100.00 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 92806 -Schetlule B Continued- 2. A Deed of Trust Recorded on 07-02-2007 as Document Number 07-1579074 Amount: $70,000.00 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 01/0711988 Mailing Address: Richard D. Green Trustee of the Richard Green Trust Dated 01-07-1988 1158 26th Street, #556 Santa Monica, CA 90043 A Notice of Default Recorded on: 07-22-2008 Document Number: 08-1301807 3. An Abstract of Judgment Recorded on: 07-02-2007 as Document number: 07-1581136 Case Number: BC 3 617 2 7 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: $153,591.90 Creditors Mailing Address: Gross & Gross, P.C. 9100 Wilshire Blvd., 9th Floor West Beverly Hills, CA 90212 4. A Notice of Sub Standard Property Recorded on: 08-29-2008 as Document Number: 08-1570884 Filed by the City of Los Angeles, Code Enforcement Department 5. A Notice of Pending Lien Recorded 10-10-2008 as Document Number 08-1821881 Filed by the City of Los Angeles Dept. ofbuilding and Safety Page 2 of 3 Continued...

WestCoast Title Company J 5480 Arrow Hwy. Suite 216 hwindale, Ca. 91706 {626} 307-1145 {626} 307-1784 fax Page3 Order Number: T5534 -Schedule B Continued- 6. A Mechanics Lien Recorded: 10-15-2008 Document No.: 08-1838597 Amount: $35,340.19 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 90017 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

WestCoast Title Company C\ ~ 15 480 Arrow Hwy. Suite 216 Irwindale, Ca. 91706 {626} 30U 145 {626} 307-1784 fax Work Order No. T5197 Type of Report: GAP Report Order Date: 09-04-2008 Prepared for: City of Los Angeles Dated as of 09-03-2008 Fee: $48.00 -SCHEDULE A (Reported Property Information) For Assessors Parcel Number: 4262-013-002 Situs Address: 11772 W. Idaho Avenue City: Los Angeles County: Los Angeles -VESTING INFORMATION (Ownership) The last Recorded Document Transferring Fee Title Recorded on: 10-!8-2006 As Document Number: 06-2315 67 I Documentary Transfer Tax: $3,532.50 In Favor of: Michael Jolly, an Unmar ried Man Mailing Address: Mike Jolly 5710 Crescent Park East, #333 Playa Vista, CA 90094 -SCHEDULE B- -The Property Reported Herein is Described as follows: Northeast 47.25 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...

WestCoast Title Company 15480 Arrow Hwy Suite 216 Irwindale, Ca. 91706 {626} 307-1145 {626} 307-!784 fax Page2 Order Number: T5197 1. A Deed of Trust Recorded on 10-18-2006 as Document Number 06-2315672 Amount: $647,100.00 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 92806 -Schedule B Continued- 2. A Deed of Trust Recorded on 07-02-2007 as Document Number 07-1579074 Amount: $70,000.00 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 01/0711988 Mailing Address: Richard D. Green Trustee of the Richard Green Trust Dated 01-07-1988 JJ 58 26th Street, #556 Santa Monica, CA 90043 A Notice of Default Recorded on: 07-22-2008 Document Number: 08-1301807 3. An Abstract of Judgment Recorded on: 07-02-2007 as Document number: 07-1581136 Case Number: BC 361727 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: $153,591.90 0 0 Creditors Mailing Address: ross & Gross, P. C. 9100 Wilshire Blvd., 9th Floor West Beverly Hills, CA 90212 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

Property Detail Report For Property Located At 11772 IDAHO AVE, LOS ANGELES, CA 90025-2840 Owner Information: Owner Name: MAM WEALTH MANAGEMENT REAL/ESTATE FUND ILP Mailing Address: 15456 VENTURA BLVD #302, SHERMAN OAKS CA 91403-3021 C007 Phone Number: Vesting Codes: II LP Location Information:. Legal Description: DRIGGS TRACT NE 47.25 FT OF LOT 1. County: LOS ANGELES, CA APN: Census Tract I Block: 2675.0112 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: 1011412008 I 0913012008 Deed Type: Sale Price: Document #: 182745 i Last Market Sale Information: Recording/Sale Date: 10118/2006 I 08/01/2006 Sale Price: $785,000 Sale Type: FULL Document#: 2315671 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: 07/28119981 0512711998 Prior Sale Price: Prior Doc Number: 1300854 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: 4262-013-002 DRIGGS 41-D41631-J6 LOS ANGELES GRANT DEED $647,100 I CONV 9.181ADJ 2315672 I I Price Per SqFt: $1,200.31 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: 192211922 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: $7,234.68 12% Tax Area: 67 2010 Tax Exemption:

Comparable Summary For Property Located At 117721DAHO AVE, LOS ANGELES, CA 90025-2840 1 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 654 565 565 565 Price/Sqft $1,200.31 $734.51 $734.51 $734.51 Year Built 1922 1924 1924 1924 Lot Area 2,831 2,396 2,396 2,396 Bedrooms 2 1 1 1 Bathrooms/Restrooms 1 Stories 0.00 0.00 0.00 0.00 Total Value $562,000 $325,380 $325,380 $325,380 Distance From Subject 0.00 0.11 0.11 0.11 *= 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 117721DAHO AVE $785,000 1922 2 1 10/18/2006 654 2,831 0.0 Com parables [7 1 1609 S WESTGATE AVE $415,000 1924 02/18/2011 565 2,396 0.11