Acquisition Proposal -2112 Duane Street Los Angeles

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    -

    STATUS: Active ADDRESS: 2112 DUANE ST , LOS ANGELES ,CA 90039 LP : $199,000

    Add'l Photos

    Larger Map Aerial Map Plat Map

    CLICK HERE TO VIEW

    THE MAP IMAGE!

    RESIDENTIAL SINGLE FAMILY AREA: (21) Silver Lake - Echo Park MLS#: 10-485597 MAP: 594/E6BR: 2STYLE: Other SUB: PUD: YB: 1922 BA: 1.00

    APN: 5423-001-019 ZONE: LAR2 HOD: $0.00 STO: 10 APX SF: 756/VNADP: VU: Yes PL: No APX LDM: APX LSZ: 7,350/VN

    APX ACREAGE: GH: N/A FP : PKGT:HORSE PROP: LSE: LOP: FUR: No PKGC:ELEM: JRHS: SRHS:

    DIRECTIONS: Off Glendale Blvd/Right on Allesandro. Stay right on DuaneREMARKS: Calling all investors* BOM Highest & Best offers due 11/16/10,*12:00 PM* No credits or reductions***AS-IS* Prefer all

    cash*Set up the hill with western views* Great opportunity* Home is sold as-is where-is* Buyer to verify all information and rely ontheir own findings* The seller nor listing agents do not make any representations or warranties as to it's condition or permits*

    Please see private remarks*

    ROOMS: Other

    EQUIP: OtherAIR: Other HEAT: OtherFLOOR: Other LAUNDRY: Other

    FIREPL: Other ROOF:POOL: TENNIS:PARK: Other SPA:VIEW TYPE: Other WATERFRONT:SEC: FIN:SEWER: POSS:DISC: Lender Owned/REO SZONE:

    OCC/ SHOW: Call LA 2,Combo Lock Box,Vacant SALE TYPE: Real Estate Owned

    LP : $199,000 DOM: 12 LD: 10/15/2010 SP: SSP: BLOG Y/ N: Yes LP/SF: $263.23

    OLP: $199,000 CD: SD: WD: AVM Y/N: Yes SP/SF:

    Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained

    from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. Copyright 2010 by Combined L.A./Westside MLS, Inc. Information deemed reliable but not guaranteed. Prepared by: Ernesto Espinoza DRE# 01516070

    Page 1 of 1CLIENT DETAIL

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    Primary Owner: JUAREZ, MARSHALL

    Secondary Owner:

    Mail Address: 2112 DUANE ST

    LOS ANGELES CA 90039

    Site Address: 2112 DUANE ST

    LOS ANGELES CA 90039

    County: LOS ANGELES

    Assessor Parcel Number: 5423-001-019

    Housing Tract Number: 1793

    Lot Number: 12

    Page Grid: 594-E5

    Legal Description:

    Lot: 12 Tract No: 1793 AbbreviatedDescription: LOT:12CITY:REGION/CLUSTER: 04/04192TR#:1793 TRACT # 1793 SW 80 FT ANDNW 48.5 FT OF NE 70 FT OF LOT 12City/Muni/Twp: REGION/CLUSTER:04/04192

    Property Characteristics

    Bedrooms : 2 Year Built : 1922 Square Feet : 756 SFBathrooms : 1 Garage : Lot Size : 7,349 SFTotal Rooms : Fireplace : Number of Units : 1Zoning : LAR2 Pool : Use Code : Single Family ResidentialNo of Stories :Building Style :

    Sale Information

    Transfer Date : 04/18/2008 Seller : MALKOSKIE, MARIANATransfer Value : $401,531 Document # : 08-0682470 Cost/Sq Feet : $531Title Company : ACCOMMODATION

    Assessment & Tax Information

    Assessed Value : $412,800 Percent Improvement : 19.57%Homeowner Exemption :Land Value : $332,000 Tax Amount : $26,203.50 Tax Rate Area : 0-013Improvement Value : $80,800Tax Account ID : 2008Market Improvement Value : Market Land Value : Market Value :Tax Year : 2010

    Data Deemed Reliable, But Not Guaranteed.Copyright 1998- 2010 Investors Title Company All Rights Reserved.

    All other trademarks and copyrights are the property of their respective holders.

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    Subject Property History

    JUAREZ, MARSHALL2112 DUANE ST, LOS ANGELES 90039-3919

    APN: 5423-001-019 LOS ANGELES COUNTY

    Prior TransferBuyer Name JUAREZ, MARSHALL

    Recording Date 04/21/2008 Document # 08-0694205 BK-PG -Price $135,000First TD N/A TD Due DateMortgage Doc # Loan TypeLender Name Interest Rate

    Prior Transfer

    Buyer NameWELLS FARGO BANK NA, ; MASTR ASSET BACKEDSECURITIES TRUST 2005,

    Recording Date 04/18/2008 Document # 08-0682470 BK-PG -Price $401,531First TD N/A TD Due DateMortgage Doc # Loan TypeLender Name Interest Rate

    Data Deemed Reliable, But Not Guaranteed.Copyright 1998- 2010 Investors Title Company All Rights Reserved.

    All other trademarks and copyrights are the property of their respective holders.

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    Comparable Sales DataJUAREZ, MARSHALL

    2112 DUANE ST, LOS ANGELES 90039-3919APN: 5423-001-019 LOS ANGELES COUNTY

    Comparable Sales Data

    No. Address Date Price $/SF Bld/AreaRM/BR/Bth YBLot

    AreaPoolProxim.

    Subject Property 04/21/2008 $135,000 $179 756 /2/1 19227,349

    SF

    1 1447 PORTIA ST 10/22/2010 $355,000 $551 644 /2/1 19232,021

    SF .76Mi.

    2 1719 SARGENT PL 09/15/2010 $415,000 $606 684 /2/1 19243,297

    SF .59Mi.

    Area Sales Analysis

    Total Area Sales 2 Median # of Bedrooms 2Median Lot Size 2,659 SF Median # of Baths 1Median Living Area 664 SF Median Year Built 1923Price Range - 2 Yrs $355,000 to $415,000 Age Range 86 years to 87 yearsMedian Value $385,000 Median Age 87 years

    Data Deemed Reliable, But Not Guaranteed.Copyright 1998- 2010 Investors Title Company All Rights Reserved.

    All other trademarks and copyrights are the property of their respective holders.

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    Data Deemed Reliable, But Not Guaranteed.Copyright 1998- 2010 Investors Title Company All Rights Reserved.

    All other trademarks and copyrights are the property of their respective holders.

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    Broker Price Opinion (BPO)

    Real Estate Parcel # ________________________________________________

    Property Address ________________________________________________

    Property Owner(s) ________________________________________________

    Property Value:

    Repair BidAmount: ______________ Occupied: Vacant:

    As-is Condition $______________ Repaired Condition $______________

    Value Determined by: Drive-by Inspection: Interior Inspection:

    Address / Price of most comparable Listing and Sale:

    Listing:_______________________________Price:__________DOM:______________

    Sale:_________________________________Price:__________Date Closed:________

    Subject Property Data:

    Property Type _________________ (SFR, MFR, Condo, etc.)

    # Bedrooms _________________ Year Built ______________

    # Baths _________________ Basement (Yes/No) ______________

    Square Feet _________________ Listed for Sale (Yes/No) ______________

    Additional Property Features: (please check if available)

    Air Conditioning Garage Fenced

    City Water Pool Additional Lots

    City Sewer Outbuildings Deck

    If property is or was listed for sale, attach listing information.

    Report By: ____________________________________________________

    Email: ___________________________________________________

    Phone: ___________________________________________________

    5423-001019

    2112 Duane Street Los Angeles CA 90039

    Wells Fargo NA

    40,000

    216,000 375,000

    1941 Preston Ave Los Angeles CA 510,000 47 days

    1543 Lucretia Avenue Los Angeles 501,000 11/15/2010

    SFR

    2

    1

    1922

    NO

    756 YES

    Ernie Espinoza

    [email protected]

    626.278.1415

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    Referred By:INVESTMENT PROPERTY PROFORMA Asset Manager:11/15/2010

    Address: Sqft:2112 Duane Street Los Angeles CA 90039 756 Purchase at: $216,000Lot Size 7,350 Opening Bid $216,000Bedrooms 2 Per Sq FtBaths 1.00Year Built 1922LENDER OWNED / REO

    Per Original CashHolding Period % Sq Ft Budget Investment

    Sales Price (Re-Sale Value) ARV (AFTER REPAIR VALUE) 100.0% 496.03$ 375,000.00$

    Less Cost of Sales

    Purchase Price 57.6% 285.71$ 216,000.00$ 216,000$Construction / Repairs 10.7% 52.91 40,000.00$ 40,000.00$Delinquent Property Taxes 0.0% - -$Delinquent Special Taxes (HOA) 0.0% - -$Delinquent Federal Taxes (IRS Lien) 0.0% - -$Eviction Costs 0.0% - -$ -$Fire Insurance Policy 0.0% 0.14 102.06$ 102.06$Recording/Doc Transfer Tax 0.1% 0.53 400.00$ 400.00$Temporary Utilities(Gas,Water,SCE) 0.1% 0.40 300.00$ 300.00$Monthly Maintenance 3 0.05% 0.40 300.00$ 300.00$

    Other - 1% Finders Fee 0.0% - -$ -

    Total Cost of Sales 68.5% 340.08$ 257,102.06$ 257,102$

    Gross Profit 31.5% 155.95$ 117,897.94$

    Less Point of Sale Expenses

    Sales Commission-In House 2.5% 12.40$ 9,375.00$Sales Commission-Co Op 2.5% 12.40 9,375.00$Property Taxes - Current Year Proration 0.5% 1.06 804.00$Escrow/Title Closing Costs 0.5% 2.48 1,875.00$Pest Inspection Report 0.1% 0.20 150.00$Natural Hazard Disclosure 0.1% 0.17 125.00$Homebuyers Warranty 0.0% - -$

    1% Asset Mgt Co. Fee 0.0% - -$

    Total Point of Sale Expenses 6.2% 28.71$ 21,704.00$ -$

    Contribution Margin 25.3% 127.24$ 96,193.94$ -$

    Other Expenses

    Cost Of Funds 3 1.00% 10.20 7,713.06$

    Total Other Expenses 1.0% 10.20$ 7,713.06$ -$

    Net Profit 24.3% 117.04$ 88,480.88$

    Return on Investment (Net Profit/Total Cash Investment 34.41%

    Annualized ROI (based on 90 day sales) x 4 137.66%

    Director Director Date Director Date

    C:\Users\Ernesto Espinoza\Desktop\Proforma Duane 11/15/2010

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    7 Comps for 2112 DUANE ST LOS ANGELES, CA

    900391 message

    Ernesto Espinoza

    [email protected]

    Mon, Nov 15,2010 at 7:40 PM

    Reply-To: Ernie Espinoza To: Ernie Espinoza

    -

    STATUS: Active ADDRESS: 1800 ASHMORE PL , LOS ANGELES 90026 LP: $385,000

    Virtual/Photo Tour Add'l Photos View Larger Map

    RESIDENTIAL SINGLEFAMILY

    AREA: (21) Silver Lake -Echo Park

    MLS#: 10-473143

    MAP: 594/E6BR: 2

    STYLE: Spanish SUB: PUD: YB: 1926 BA: 1.00

    APN: 5420-029-002 ZONE: LARD3 HOD: $0.00 STO: 10APXSF: 880/VN

    ADP: VU: No PL: No APX LDM:APXLSZ: 1,504/VN

    APX ACREAGE: N/A GH: N/A FP: PKGT:HORSE PROP: LSE: LOP: FUR: No PKGC:ELEM: JRHS: SRHS:

    DIRECTIONS: 1 block east of Echo Park Ave and just north of Lucrecia (between Lucrecia andPaul Ter.)

    REMARKS: Condo alternative move-in ready, 1920s Spanish located on a quiet road in theElysian Heights neighborhood of Echo Park. 2 bed / 1 bath with hardwood floors throughout,central air & heating and two large one car garages (seperated) for studio space and/or office.New energy efficient dual pane windows, upgraded plumbing and electrical panel and whirlpool

    Page 1 of 10Gmail - 7 Comps for 2112 DUANE ST LOS ANGELES, CA 90039

    11/15/2010https://mail.google.com/mail/?ui=2&ik=4a4ae4bd62&view=pt&search=in...

    overpriced

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    tub. DASH to the farmers market or walk to local restaurants, cafs, vintage clothing shops & artgalleries. Start living the Urban lifestyle today. Traditional sale.

    ROOMS: Breakfast Area,Dining AreaEQUIP: OtherAIR: Central HEAT: CentralFLOOR: Hardwood LAUNDRY: InsideFIREPL: None ROOF:POOL: TENNIS:PARK: Garage SPA:VIEW TYPE: None WATERFRONT: SEC: FIN:SEWER: POSS: DISC: None SZONE:OCC/SHOW: Call LA 1 SALE TYPE: Standard

    LP : $385,000 DOM: 86 LD: 08/20/2010 SP: SSP: BLOG Y/ N: Yes LP/ SF: $437.50OLP: $385,000 CD: SD: WD: AVM Y/ N: Yes SP/SF:

    Broker/Agent does not guarantee the accuracy of the square footage, lot size or otherinformation concerning the conditions or features of the property provided by the seller orobtained from Public Records or other sources. Buyer is advised to independently verify theaccuracy of all information through personal inspection and with appropriate professionals.Copyright 2010 by Combined L.A./Westside MLS, Inc. Information deemed reliable but notguaranteed. Prepared by: Ernesto Espinoza DRE# 01516070

    STATUS: Active ADDRESS: 1941 Preston Avenue , Los Angeles 90026 LP: $510,000

    View Larger Map

    RESIDENTIALSINGLE FAMILY

    AREA: (21) Silver Lake- Echo Park

    MLS#: C10083717MRMAP: 594/F6BR: 2

    STYLE: CaliforniaBungalow

    SUB: PUD: YB: 1921 BA: 1.00

    APX

    Page 2 of 10Gmail - 7 Comps for 2112 DUANE ST LOS ANGELES, CA 90039

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    way overpriced

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    APN: 5420-015-006 ZONE: R2 HOD: $0.00 STO: SF: 750

    ADP: VU: Yes PL: No APX LDM:APXLSZ: 6,500

    APX ACREAGE: N/A GH: N/A FP: PKGT: 4HORSE PROP: LSE: No LOP: FUR: PKGC:ELEM: DaytonElementary

    JRHS: King Thomas SRHS:

    DIRECTIONS:REMARKS: Recently remodeled single family residence with a beautiful view of Los Angeles, ina very desirable area of Los Angeles. Only a few minutes from all freeways, and Dodger stadium.Per title 1 bedroom 1 bath, 2nd bedroom permitted. Guest house attached which includes 1bedroom, 1 bath, kitchen, and living area w/o permits. Per City inspector needs to be brought upto code to be permitted as a second unit.

    ROOMS: BonusEQUIP:AIR: None HEAT: WallFLOOR: Other LAUNDRY:

    FIREPL: Living Room ROOF: ShinglePOOL: None TENNIS:PARK: SPA: NoneVIEW TYPE: WATERFRONT:SEC: FIN: Cash To New LoanSEWER: POSS:DISC: SZONE: OCC/SHOW: Tenant SALE TYPE:

    LP : $510,000 DOM: 47 LD: 08/05/2010 SP: SSP: BLOG Y/ N: Yes LP/ SF: $680.00

    OLP: $530,000 CD: SD: WD: AVM Y/ N: Yes SP/SF:

    Broker/Agent does not guarantee the accuracy of the square footage, lot size or otherinformation concerning the conditions or features of the property provided by the seller orobtained from Public Records or other sources. Buyer is advised to independently verify theaccuracy of all information through personal inspection and with appropriate professionals.Copyright 2010 by Combined L.A./Westside MLS, Inc. Information deemed reliable but notguaranteed. Prepared by: Ernesto Espinoza DRE# 01516070

    STATUS: Active ADDRESS: 1910 APEX AVE , LOS ANGELES 90039 LP: $689,000

    Page 3 of 10Gmail - 7 Comps for 2112 DUANE ST LOS ANGELES, CA 90039

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    way overprice

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    Add'l Photos View Larger Map

    RESIDENTIAL SINGLEFAMILY

    AREA: (21) Silver Lake -Echo Park

    MLS#: 10-437861

    MAP: 594/D5BR: 2

    STYLE: Cottage SUB: PUD: YB: 1915 BA: 1.00

    APN: 5422-018-003 ZONE: HOD: $0.00 STO: 2APXSF: 728/VN

    ADP: VU: No PL: No APX LDM: APXLSZ: 2,482/VNAPX ACREAGE: N/A GH: N/A FP: PKGT: 0HORSE PROP: LSE: LOP: FUR: No PKGC:0ELEM: JRHS: SRHS:

    DIRECTIONS: East of Silver Lake Blvd., North of Duane St.REMARKS: Located at the top of a hill in prime Silver Lake, this gated & fenced 1915 Cottageoffers complete privacy in an enchanting setting. This urban oasis features 2 bedrooms, 1 bath,living room with wood floors & built-in book shelves, eat-in kitchen with butcher block counters &flagstone floors, sitting porch, some updated systems and storage basement. A detachedstructure could provide the perfect office or studio space. The outdoor space includes lush foliageintermingled among pea-gravel grounds, creating a romantic backdrop for an intimate dinner partyor a midsummer nights dream. Close to the Silver Lake reservoir, shops and eateries. Come beinspired!

    ROOMS: Basement,Bonus,Breakfast Area,LivingEQUIP: Built-InsAIR: Wall/Window HEAT: WallFLOOR: Carpet,Hardwood,Mixed,Tile LAUNDRY: OutsideFIREPL: None ROOF:POOL: TENNIS:PARK: None SPA:VIEW TYPE: None WATERFRONT:SEC: FIN: Cash To New Loan

    SEWER: In Street POSS: Close Of EscrowDISC: As Is SZONE:OCC/SHOW: Call LA 1,Listing Agent Accompanies,Owner SALE TYPE: Standard

    LP : $689,000 DOM: 233 LD: 03/25/2010 SP: SSP: BLOG Y/ N: Yes LP/ SF: $946.43

    OLP: $689,000 CD: SD: WD: AVM Y/ N: Yes SP/ SF:

    Broker/Agent does not guarantee the accuracy of the square footage, lot size or otherinformation concerning the conditions or features of the property provided by the seller or

    Page 4 of 10Gmail - 7 Comps for 2112 DUANE ST LOS ANGELES, CA 90039

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    obtained from Public Records or other sources. Buyer is advised to independently verify theaccuracy of all information through personal inspection and with appropriate professionals.Copyright 2010 by Combined L.A./Westside MLS, Inc. Information deemed reliable but notguaranteed. Prepared by: Ernesto Espinoza DRE# 01516070

    STATUS: Sold ADDRESS: 2122 VESTAL AVE , LOS ANGELES 90026 SP: $501,000

    Add'l Photos View Larger Map

    RESIDENTIAL SINGLEFAMILY

    AREA: (21) Silver Lake -Echo Park

    MLS#: 10-443133

    MAP: 594/F5BR: 2

    STYLE: Spanish SUB: PUD: No YB: 1930 BA: 1.00

    APN: 5420-020-021 ZONE: LAR2 HOD: $0.00 STO: 1

    APX

    SF: 870/VN

    ADP: VU: Yes PL: No APX LDM:APXLSZ: 2,760/VN

    APX ACREAGE: N/A GH: None FP: PKGT: HORSE PROP: No LSE: No LOP: No FUR: No PKGC:ELEM: JRHS: SRHS:

    DIRECTIONS: Sunset blvd to Echo Park North Baxter left and right on Vestal.REMARKS: Completely redone Spanish Bungalow in Echo Park north of Sunset. House has allnew electrical, plumbing, reclaimed acacia plank floors, roof, central heat and air. Nice outdoorspace for entertaining guests and relaxing. View the Dodgers fireworks show from your yard.Come to Beverly Hills in Echo Park. Offers will be accepted up to 4/23 12PM. Evening showing

    thursday 4/22 6-9 PM.

    ROOMS: BasementEQUIP: Dishwasher,Garbage Disposal,Hood Fan,Network Wire,RefrigeratorAIR: Central HEAT: CentralFLOOR: Hardwood LAUNDRY: OtherFIREPL: None ROOF: CompositionPOOL: None TENNIS: NonePARK: Detached,Door Opener,Garage SPA: Bath TubVIEW TYPE: City Lights WATERFRONT: None

    Page 5 of 10Gmail - 7 Comps for 2112 DUANE ST LOS ANGELES, CA 90039

    11/15/2010https://mail.google.com/mail/?ui=2&ik=4a4ae4bd62&view=pt&search=in...

    Flippers purchased this

    property for 215K on 02-15-10

    All Comps within

    1/2 mile radius.

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    SEC: None FIN: Cash To New LoanSEWER: In Street POSS: Close Of EscrowDISC: Listing Broker Advantage SZONE: OtherOCC/SHOW: Call LA 1 SALE TYPE:

    LP : $399,000 DOM: 5LD: 04/18/2010SP: $501,000 SSP:BLOG

    Y/N: YesLP/ SF: $458.62

    OLP: $399,000 CD: 04/23/2010SD: 06/03/2010WD: AVMY/N: Yes

    SP/SF: $575.86

    Broker/Agent does not guarantee the accuracy of the square footage, lot size or otherinformation concerning the conditions or features of the property provided by the seller orobtained from Public Records or other sources. Buyer is advised to independently verify theaccuracy of all information through personal inspection and with appropriate professionals.Copyright 2010 by Combined L.A./Westside MLS, Inc. Information deemed reliable but notguaranteed. Prepared by: Ernesto Espinoza DRE# 01516070

    STATUS: Sold ADDRESS: 2167 VESTAL AVE , LOS ANGELES 90026 SP: $288,000

    Add'l Photos View Larger Map

    RESIDENTIAL SINGLEFAMILY

    AREA: (21) Silver Lake -Echo Park

    MLS#: 10-427127

    MAP: 594/F5BR: 2

    STYLE: CaliforniaBungalow

    SUB: PUD: YB: 1922 BA: 1.00

    APN: 5420-018-002 ZONE: LAR1 HOD: $0.00 STO: 1 APXSF: 846/VN

    ADP: VU: Yes PL: No APX LDM:APXLSZ: 5,000/VN

    APX ACREAGE: N/A GH: N/A FP: PKGT:HORSE PROP: LSE: LOP: FUR: No PKGC:ELEM: JRHS: SRHS:

    DIRECTIONS: W. of Echo Park Ave. S. of Cerro Gordo St.

    REMARKS: Upper trendy Echo Park area, great location Partial remodeled home, bring your

    Page 6 of 10Gmail - 7 Comps for 2112 DUANE ST LOS ANGELES, CA 90039

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    buyer to finish it great upside potential, price reflects the TLC, to sold in "as is" condition. Buyer tocheck with city LADBS to satisfy for permits and etc. Call L/O must have 24 hrs notice forshowing, seller is motivated, no down time, let's show and sell. No FHA financing please!

    ROOMS: BasementEQUIP: Garbage DisposalAIR: None HEAT: WallFLOOR: Carpet,Mixed,Vinyl LAUNDRY: InsideFIREPL: None ROOF: CompositionPOOL: TENNIS:PARK: Uncovered SPA:VIEW TYPE: City Lights,Tree Top WATERFRONT:SEC: FIN: Cash To New LoanSEWER: POSS: Close Of EscrowDISC: As Is SZONE:OCC/SHOW: 24-hr Notice,Appointment w/List. Office,Call Listing Office SALE TYPE:

    LP : $424,000 DOM: 86LD: 02/09/2010SP: $288,000 SSP:BLOG

    Y/N: YesLP/ SF: $501.18

    OLP: $424,000 CD: 05/06/2010SD: 06/15/2010WD: AVMY/N: Yes

    SP/SF: $340.43

    Broker/Agent does not guarantee the accuracy of the square footage, lot size or otherinformation concerning the conditions or features of the property provided by the seller orobtained from Public Records or other sources. Buyer is advised to independently verify theaccuracy of all information through personal inspection and with appropriate professionals.Copyright 2010 by Combined L.A./Westside MLS, Inc. Information deemed reliable but notguaranteed. Prepared by: Ernesto Espinoza DRE# 01516070

    STATUS: Sold ADDRESS: 1636 N Alvarado St , Los Angeles 90026 SP: $321,000

    View Larger Map

    RESIDENTIALSINGLE FAMILY

    AREA: (23) MetropolitanMLS#: P703575SCMAP: 594/E6 BR: 2

    Page 7 of 10Gmail - 7 Comps for 2112 DUANE ST LOS ANGELES, CA 90039

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    STYLE: Other SUB: PUD: YB: 1920 BA: 1.00

    APN: 5419-001-007 ZONE: LARD2 HOD: $0.00 STO:APXSF: 822

    ADP: VU: No PL: NoAPXLDM: 50x150

    APXLSZ: 7,500

    APX ACREAGE: 0.17GH: N/A FP: PKGT: HORSE PROP: LSE: No LOP: FUR: PKGC:ELEM: JRHS: SRHS:

    DIRECTIONS: glendale exit off of 101 north freewayREMARKS:

    ROOMS: LivingEQUIP:AIR: Other HEAT: OtherFLOOR: Other LAUNDRY:FIREPL: ROOF: OtherPOOL: None TENNIS: PARK: SPA: None

    VIEW TYPE: None WATERFRONT: SEC: FIN: Cash,Cash To New LoanSEWER: POSS: DISC: Short Pay SZONE:OCC/SHOW: Tenant SALE TYPE: Short Pay

    LP : $260,000 DOM: 134LD: 09/16/2009SP: $321,000 SSP:BLOG

    Y/N: YesLP/ SF: $316.30

    OLP: $260,000 CD: 03/12/2010SD: 05/25/2010WD:AVM

    Y/N: YesSP/SF: $390.51

    Broker/Agent does not guarantee the accuracy of the square footage, lot size or other

    information concerning the conditions or features of the property provided by the seller orobtained from Public Records or other sources. Buyer is advised to independently verify theaccuracy of all information through personal inspection and with appropriate professionals.Copyright 2010 by Combined L.A./Westside MLS, Inc. Information deemed reliable but notguaranteed. Prepared by: Ernesto Espinoza DRE# 01516070

    STATUS: Sold ADDRESS: 1543 Lucretia Ave , Los Angeles 90026 SP: $460,000

    Page 8 of 10Gmail - 7 Comps for 2112 DUANE ST LOS ANGELES, CA 90039

    11/15/2010https://mail.google.com/mail/?ui=2&ik=4a4ae4bd62&view=pt&search=in...

    Flippers purchased this property

    for $292,000 on 3/23/2010

  • 8/8/2019 Acquisition Proposal -2112 Duane Street Los Angeles

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    Add'l Photos View Larger Map

    RESIDENTIALSINGLE FAMILY

    AREA: (21) Silver Lake- Echo Park

    MLS#: S633396SCMAP: 594/E7 BR: 2

    STYLE: Other SUB: PUD: YB: 1923 BA: 1.00

    APN: 5419-006-007 ZONE: HOD: $0.00 STO:APXSF: 884

    ADP: VU: Yes PL: No APXLDM: 50x130 APXLSZ: 6,500APX ACREAGE: 0.15 GH: N/A FP: PKGT: HORSE PROP: LSE: No LOP: FUR: PKGC:ELEM: JRHS: SRHS:

    DIRECTIONS: ECHO PARK TO LUCRETIAREMARKS: TRADITIONAL SALE! QUICK CLOSE! ENJOY SPECTACULAR LA CITY VIEWSFROM THE PATIO OR DECK IN THIS 2 BEDROOM HOME ON AN EXTEMELY LARGE LOTTHAT FEATURES NEW INTERIOR/EXTERIOR PAINT, HARDWOOD FLOORS, AND NEWWINDOWS. PROPERTY IS A STEAL AT THIS PRICE

    ROOMS:EQUIP:AIR: Other HEAT: OtherFLOOR: LAUNDRY:FIREPL: Living Room ROOF: CompositionPOOL: None TENNIS:PARK: SPA: NoneVIEW TYPE: WATERFRONT:SEC: FIN: Cash To New LoanSEWER: POSS:DISC: SZONE: OCC/SHOW: Combo Lock Box,Vacant,Vacant SALE TYPE:

    LP : $499,000 DOM: 13LD: 09/22/2010SP: $460,000 SSP: BLOGY/N: Yes

    LP/ SF: $564.48

    OLP: $499,000 CD: 10/05/2010SD: 11/15/2010WD:AVM

    Y/N: YesSP/SF: $520.36

    Broker/Agent does not guarantee the accuracy of the square footage, lot size or otherinformation concerning the conditions or features of the property provided by the seller orobtained from Public Records or other sources. Buyer is advised to independently verify theaccuracy of all information through personal inspection and with appropriate professionals.Copyright 2010 by Combined L.A./Westside MLS, Inc. Information deemed reliable but not

    Page 9 of 10Gmail - 7 Comps for 2112 DUANE ST LOS ANGELES, CA 90039

    11/15/2010https://mail.google.com/mail/?ui=2&ik=4a4ae4bd62&view=pt&search=in...

  • 8/8/2019 Acquisition Proposal -2112 Duane Street Los Angeles

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    Page:7

    guaranteed. Prepared by: Ernesto Espinoza DRE# 01516070

    Page 10 of 10Gmail - 7 Comps for 2112 DUANE ST LOS ANGELES, CA 90039