CALIFORN1A. ANTONIO R. V lllaraigosa MAYOR

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1 IIOARDO ' BUILDING AND SAFETY COM MISSIONERS MARSH/\ L. BROWN PRESlDENT VAN AMBATJELOS VICE-PRESiDENT VICTOR H. CUEVAS HELENA JUBANY ELENORE A. WILLIAMS CITY OF Los ANGELES CALIFORN1A ANTONIO R. V lllaraigosa MAYOR DEPARTMENT OF BUILDING AND SAFETY 20 I NORTH FIGUEROA STREET LOS ANGELES, CA ROBERT R. "Bud" OVROM GENERAL MANAGER RAYMOND S. CHAN, C.E., S.E. EXECUTIVE OFFICER August 18,2011 Honorable Council ofthe City of Los Angeles Room 395, Ci ty Hall CoLmcil District # 9 Case #: JOB ADDRESS: 247 W 74TH ST 243, , 245, , 247, 247 1/2 CONTRACT NO.: GI11636-l Pursuant to the provisions of Section and Section , Los Angeles Municipal Code the Depa11ment ofbuilding and Safety has caused the graffiti abatement at the above address in the City of Los Angeles. The cost of exterior graffiti abatement of the subject building(s) was $1, lt is proposed that a lien for the total amount of $1, be recorded against the real properly upon which the services were rendered. The official report, in duplicate, as required in cmmection with this matter is submitted for your consideration. It is requested that the Honorable Council designate the time and place, when and where prolest can be heard concerning this matter, as set rorth in Section of the Los Angeles Municipal Code and Section , Los Angeles Administrative Code. ROBERT R. 'Bud' OVROM General Manager,;." (jjcc~\t- ~~ Frank Lara, Principal Inspector Vacant Building Abatement RO:FL: fmr Attachments

2 REPORT OF ABATE OF A PUBLIC NUISANCE On April 07, 2009 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 abate the graffiti on the parcel located at 247 W 74TH ST (includes 243, 243 lh, 245, ,247,247 lh), 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 pmties in interest of the above described property having failed to comply with the time prescribed by Ordinance, the Department so lici ted bids, awarded a contract and caused said abatement of nuisance as follows: Job Description GRAFFITI ABATEMENT Date Completed June 01,2009 Cost $1, 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 fmty percent (40%) or a minimum of $ of such cost, for a total of $1,321.32, be recorded against said property. lt is further requested that the Honorable Council instruct the Finane;..,] Services Section of the 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 Sow-ce No in 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 inc luding all encumbrances of record on the prope1ty as of the date of this report. This official report, in duplicate, as set forth in Section ofthe Los Angeles Municipal Code and Section of the Los Angeles Administrative Code is submitted for your consideration. DATED: August 18,20 11 Rep011 and lien confumed by City Council on: ( Robert R. 'Bud' Ovrom G~ nz : M:"'~l.., x ~ t Fct 'j~r Fra Lara, Principal Inspector Vacant Building Abatement ATTEST: JUNELAGMAY CITY CLERK BY DEPUTY

3 ASSIGNED INSPECTOR: ULRIC CARPENTER JOB ADDRESS: 247 W 74TH ST 243,243 1/2, 245, , 247, ASSESSORS PARCEL NO.: Last Full Title: 08/17/2011 LIST OF OWNERS AND INTERESTED PARTIES Last Update Titie: August!7, 2011 CASE #: MICHAEL MANOOCHER SABAR & PARIV ASH SABAR TRUSTEES OF THE 2009 MICHAEL MANOOCHER SABAR & PARIVASH SABAR REVOCABLE TRUST DATED 05/18/ ROYAL OAKS DRIVE ENCINO, CA SHARONAL DAGHIGHIAN c/o REXFORD CAPITAL LLC 1575 WESTWOOD BLVD SUITE 304 LOS ANGELES, CA Capacity: OWNER Capacity: INTERESTED PARTY

4 W estcoast Title Work Order No. T8059 Type of Report: GAP Report Order Date: & Abstract Company, Inc. 400 S. Alhambra Ave. Ste B Monterey Park, Ca Phone fax Prepared for: City of Los Angeles Dated as of' Fee: $ SCHEDULE A (Reported Property Informlltion) For Assessors Parcel Number: Situs Address: 247 W. 74'J. Street City: Los Angeles County: Los Angeles -VESTING INFORMATION (Ownership) The last Recorded Document Transferring Fee Title Recorded on: As Document Number: Documentmy Transfer Tax: $None In Favor of: Michael Manoocher Sabar and Parivash Sabar, Trustees of the 2009 Michael Manoocher Sabar and Parivas/J Sabar Revocable Trust Dated 05/18/2009 Mailing Address: Michael Sabar and Parivash Sabar Royal Oaks Drive Encino, CA SCHEDULE B- -The Property Reported Herein is Desaibed as follows: Lot 55 of Peckham's Moneta Avenue Square No. 4, in the City of Los Angeles, County of Los Angeles, State of California, as per map recorded in Book 10, Page(s) I 97 of Maps, in the office of the County Recorder of said County. Page I of 2 Continued...

5 Westcoast Title & Abstract Company, Inc. 400 S Alhambra Ave. Ste B Monlerey Park. Ca Phone fax -Schedule B Continued- J. A Notice of Pending Lien Recorded as Document Number Filed by the City of Los Angeles Dept. of Building and Safety Page2 Order Number: T A Deed of Trust Recorded on as Document Number Amount: $1,225, Trustor: Michael Manoocher Sabar and Parivash Saba, as Trustees oft he 2009 Michael Manoocher Sabar and the 2009 Parivash Saba Revocable Trust Dated 05/J 8/2009 Trustee: North American Title Beneficimy: Sharona Daghighian Mailing Address: Rexford Capital, LLC J 575 Wesfl-vood Blvd., Suite 304 Los Angeles, CA A Statement ofijlformation may be required to provide fitrther information on the owners listed below: No Statement o(in[ormation is required. End ofreport

6 Property Detail Report For Property Located At 247 E 74TH ST, LOS ANGELES, CA (! Owner Information: Owner Name: PJNEDA EMILIANAILEON GlOYANY B Mailing Address: 247 E 74TH ST, LOS ANGELES CA C013 Phone Number: Vesting Codes: Location Information: Legal Description: TR=1889 EX OF STAND ALLEY LOT 60 County: LOS ANGELES, CA APN: Census Tract I Block: /1 Alternate APN: Township-Range-Sect: Subdivision: Legal Book/Page: Map Reference: Legal Lot: 60 Tract#: Legal Block: School District: Market Area: Munic/Township: Neighbor Code: Owner Transfer Information: Recording/Sale Date: I Deed Type:, Sale Price: 1st Mtg Document#: ' Document #: Last Market Safe Information: Recording/Sale Date: Sale Price: $549,900 Sale Type: UNKNOWN Document #: Deed Type: GRANT DEED Transfer Document#: New Construction: ; Title Company: LANDSAFE TITLE : Lender: FIRST FRANKLIN FIN'L CORP Seller Name: KISSANE STEPHEN Prior Sale Information:, Prior Rec/Sale Date: /2006 : Prior Sale Price: $215,000 Prior Doc Number: st Mtg Amount/Type: 1st Mtg Int. Rate/Type: 1st Mtg Document#: 2nd Mtg Amount/Type: 2nd Mtg Int. Rate/Type: Price Per SqFt: Multi/Split Sale: Prior Lender: Prior 1st Mtg Amt!Type: Prior 1st Mtg Rate/Type: Prior Deed Type: GRANT DEED Property Characteristics: Gross Area: Parking Type: Living Area: 1,574 Garage Area: Tot Adj Area: Garage Capacity: Above Grade: Parking Spaces: Total Rooms: Basement Area: Bedrooms: 5 Finish Bsmnt Area: Pool: Air Cond: Bath(F/H): Year Built/ Eft: Fireplace: #of Stories: 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: I LAR2 DUPLEX $570,863 $467,070 $103,793 $563,863 Basement Type: Roof Type: Foundation: Roof Material: Acres: Lot Area: Lot Width/Depth: Res/Comm Units: Assessed Year: Improved%: Tax Year: Construction: Heat Type: Exterior wall: Porch Type: Patio Type: Style: Quality: Condition: 0.12 County Use: 5,197 State Use: X Site Influence: 21 Sewer Type: Water Type: SW II JT D LOS ANGELES $439,920 I CONY 7.80 I ADJ $109,980 I CONY I FIXED $ J&R LNDG INC $193,500 I CONV 10.75/ ADJ YES DUPLEX (0200) 2010 Property Tax: $7, % Tax Area: Tax Exemption: HOMEOWNER,

7 Comparable Summary For Property Located At ~r {." :: 247 E 74TH ST, LOS ANGELES 1 CA Comparable(s) found. (Click on the address to view more property information). ):: j(_.: View Report. Configure Display Fields Modify Comparable Search Criteria Summary Statistics For Selected Properties: 15 Subject Property Low Hig_~ -... ~verage Sale Price $549,900 $40,000 $270,000 $183,767 Bldg/Living Area 1,574 1,344 1,773 1,535 Price/Sqft $ $29.76 $ $ Year Built Lot Area 5,197 2,614 5,488 4,776 Bedrooms Bathrooms/Restrooms Stories Total Value $570,863 $29,965 $502,877 $307,210 Distance From Subject *= user supplied for search only F7 # Address Sale Price Yr Bit Bed Baths/Restrooms(Full) Last Recording Bld/Liv lot Area Dist Subject Property 247 E 74TH ST $549, /2007 1,574 5, Com parables p E 73RD ST $185, /16/2011 1,454 3, p E 76TH PL $136, /24/2010 1,400 5, E 76TH PL $266, /06/2011 1,400 5, p S MAIN ST $180, /21/2011 1,765 2, E 70TH ST $225, /28/2011 1,392 4, p E 69TH ST $155, /01/2011 1,504 5, E 69TH ST $40, /31/2011 1,344 5, p E 68TH ST $233, /24/2010 1,350 5, E 68TH ST $270, /22/2010 1,772 5, W 71ST ST $195, /27/2010 1,627 5, p W FLORENCE AVE $120, /22/2011 1,728 3, F' W 71ST ST $225, /24/2011 1,367 5, ' p S SAN PEDRO ST $190, /15/2010 1,560 4, F E76THPL $164, /11/2011 1,773 5, ;; E 31ST ST $171, /04/2011 1,582 5,