Acquisition Proposal - 2112 Duane Street Los Angeles

CLIENT DETAIL Page 1 of 1
STATUS: Active ADDRESS: 2112 DUANE ST , LOS ANGELES ,CA 90039 LP: $199,000
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RESIDENTIAL SINGLE FAMILY AREA: (21) Silver Lake - Echo Park MLS#: 10-485597 MAP: 594/E6 BR: 2
STYLE: Other SUB: PUD: YB: 1922 BA: 1.00
APN: 5423-001-019 ZONE: LAR2 HOD: $0.00 STO: 10 APX SF: 756/VN
ADP: 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 Duane

REMARKS: 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 on
their 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: Other
AIR: Other HEAT: Other
FLOOR: 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
http://pro.themls.com/All_Searches_Preview_Files/one_client_detail_previ... 11/15/2010
Page 1 of 4
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
Lot: 12 Tract No: 1793 Abbreviated
Description: LOT:12
CITY:REGION/CLUSTER: 04/04192
Legal Description: TR#:1793 TRACT # 1793 SW 80 FT AND
NW 48.5 FT OF NE 70 FT OF LOT 12
City/Muni/Twp: REGION/CLUSTER:
04/04192
Property Characteristics
Bedrooms : 2 Year Built : 1922 Square Feet : 756 SF
Bathrooms : 1 Garage : Lot Size : 7,349 SF
Total Rooms : Fireplace : Number of Units : 1
Zoning : LAR2 Pool : Use Code : Single Family Residential
No of Stories :
Building Style :
Sale Information
Transfer Date : 04/18/2008 Seller : MALKOSKIE, MARIANA
Transfer Value : $401,531 Document # : 08-0682470 Cost/Sq Feet : $531
Title 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 : 0-013
Improvement Value : $80,800 Tax Account ID : 2008
Market 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.
http://www.itcprofile.com/ProfileProxy.asp?cmd=8&2E31B236E189 11/15/2010
Page 2 of 4
Subject Property History

JUAREZ, MARSHALL
2112 DUANE ST, LOS ANGELES 90039-3919
APN: 5423-001-019 LOS ANGELES COUNTY
Prior Transfer
Buyer Name JUAREZ, MARSHALL
Recording Date 04/21/2008 Document # 08-0694205 BK-PG -
Price $135,000
First TD N/A TD Due Date
Mortgage Doc # Loan Type
Lender Name Interest Rate
Prior Transfer
WELLS FARGO BANK NA, ; MASTR ASSET BACKED
Buyer Name
SECURITIES TRUST 2005,
Recording Date 04/18/2008 Document # 08-0682470 BK-PG -
Price $401,531
First TD N/A TD Due Date
Mortgage Doc # Loan Type
Lender Name Interest Rate

Page 3 of 4
Comparable Sales Data

JUAREZ, MARSHALL
2112 DUANE ST, LOS ANGELES 90039-3919
APN: 5423-001-019 LOS ANGELES COUNTY
Comparable Sales Data

Lot
No. Address Date Price $/SF Bld/Area RM/BR/Bth YB Pool Proxim.
Area
7,349
Subject Property 04/21/2008 $135,000 $179 756 /2/1 1922 SF
2,021
1 1447 PORTIA ST 10/22/2010 $355,000 $551 644 /2/1 1923 SF .76Mi.
3,297
2 1719 SARGENT PL 09/15/2010 $415,000 $606 684 /2/1 1924 SF .59Mi.
Area Sales Analysis
Total Area Sales 2 Median # of Bedrooms 2

Median Lot Size 2,659 SF Median # of Baths 1
Median Living Area 664 SF Median Year Built 1923
Price Range - 2 Yrs $355,000 to $415,000 Age Range 86 years to 87 years
Median Value $385,000 Median Age 87 years
Page 4 of 4

Broker Price Opinion (BPO)
Real Estate Parcel # 5423-001019
________________________________________________
Property Address 2112 Duane Street Los Angeles CA 90039

________________________________________________
Property Owner(s) Wells Fargo NA

________________________________________________
Property Value:
Repair Bid
40,000
Amount: ______________ Occupied: Vacant: ✔
As-is Condition 216,000

$______________ 375,000
Repaired Condition $______________
Value Determined by: Drive-by Inspection: Interior Inspection: ✔

Address / Price of most comparable Listing and Sale:
1941 Preston Ave Los Angeles CA 510,000
Listing:_______________________________Price:__________DOM:______________ 47 days
1543 Lucretia Avenue Los Angeles 501,000
Sale:_________________________________Price:__________Date Closed:________
11/15/2010
Subject Property Data:
Property Type SFR

_________________ (SFR, MFR, Condo, etc.)
# Bedrooms 2
_________________ Year Built 1922
______________
# Baths 1
_________________ Basement (Yes/No) NO
______________
Square Feet 756

_________________ YES
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: Ernie Espinoza

____________________________________________________
Email: ernie.espinoza@gadishproperties.com
___________________________________________________
Phone: 626.278.1415
___________________________________________________
Referred By:
INVESTMENT PROPERTY PROFORMA Asset Manager:
11/15/2010
Address: Sqft:
2112 Duane Street Los Angeles CA 90039 756 Purchase at: $216,000
Lot Size 7,350 Opening Bid $216,000
Bedrooms 2 Per Sq Ft
Baths 1.00
Year Built 1922
LENDER OWNED / REO
Per Original Cash

Holding 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

Gmail - 7 Comps for 2112 DUANE ST LOS ANGELES, CA 90039 Page 1 of 10
Ernesto Espinoza <erespinoza@gmail.com>
7 Comps for 2112 DUANE ST LOS ANGELES, CA

90039
1 message
ernie.espinoza@gadishproperties.com Mon, Nov 15,

<ernie.espinoza@gadishproperties.com> 2010 at 7:40 PM
Reply-To: Ernie Espinoza <ernie.espinoza@gadishproperties.com>
To: Ernie Espinoza <ernie.espinoza@gadishproperties.com>
-
overpriced
STATUS: Active ADDRESS: 1800 ASHMORE PL , LOS ANGELES 90026 LP: $385,000
Virtual/Photo Tour Add'l Photos View Larger Map

RESIDENTIAL SINGLE AREA: (21) Silver Lake - MLS#: 10-
MAP: 594/E6BR: 2
FAMILY Echo Park 473143
STYLE: Spanish SUB: PUD: YB: 1926 BA: 1.00
APX
APN: 5420-029-002 ZONE: LARD3 HOD: $0.00 STO: 10
SF: 880/VN
APX
ADP: VU: No PL: No APX LDM:
LSZ: 1,504/VN
APX ACREAGE: N/A GH: N/A FP: PKGT:
ELEM: JRHS: SRHS:
DIRECTIONS: 1 block east of Echo Park Ave and just north of Lucrecia (between Lucrecia and
Paul Ter.)
REMARKS: Condo alternative move-in ready, 1920’s Spanish located on a quiet road in the
Elysian 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
https://mail.google.com/mail/?ui=2&ik=4a4ae4bd62&view=pt&search=in... 11/15/2010
tub. DASH to the farmer’s market or walk to local restaurants, cafés, vintage clothing shops & art
galleries. Start living the Urban lifestyle today. Traditional sale.
ROOMS: Breakfast Area,Dining Area

EQUIP: Other
AIR: Central HEAT: Central
FLOOR: Hardwood LAUNDRY: Inside
FIREPL: 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
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
way overpriced
STATUS: Active ADDRESS: 1941 Preston Avenue , Los Angeles 90026 LP: $510,000
View Larger Map

RESIDENTIAL AREA: (21) Silver Lake
MLS#: C10083717MRMAP: 594/F6BR: 2
SINGLE FAMILY - Echo Park
STYLE: California
SUB: PUD: YB: 1921 BA: 1.00
Bungalow
APX
APN: 5420-015-006 ZONE: R2 HOD: $0.00 STO: SF: 750

APX
ADP: VU: Yes PL: No APX LDM:
LSZ: 6,500
APX ACREAGE: N/A GH: N/A FP: PKGT: 4
HORSE PROP: LSE: No LOP: FUR: PKGC:
ELEM: Dayton
JRHS: King Thomas SRHS:
Elementary
DIRECTIONS:
REMARKS: Recently remodeled single family residence with a beautiful view of Los Angeles, in
a 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 1
bedroom, 1 bath, kitchen, and living area w/o permits. Per City inspector needs to be brought up
to code to be permitted as a second unit.
ROOMS: Bonus
EQUIP:
AIR: None HEAT: Wall
FLOOR: Other LAUNDRY:
FIREPL: Living Room ROOF: Shingle
POOL: None TENNIS:
PARK: SPA: None
VIEW TYPE: WATERFRONT:
SEC: FIN: Cash To New Loan
SEWER: POSS:
DISC: SZONE:
OCC/SHOW: Tenant SALE TYPE:
Page:2
STATUS: Active ADDRESS: 1910 APEX AVE , LOS ANGELES 90039 LP: $689,000
way overpriced
Add'l Photos View Larger Map

MAP: 594/D5BR: 2
STYLE: Cottage SUB: PUD: YB: 1915 BA: 1.00
APX
APN: 5422-018-003 ZONE: HOD: $0.00 STO: 2
SF: 728/VN
APX
ADP: VU: No PL: No APX LDM:
LSZ: 2,482/VN
APX ACREAGE: N/A GH: N/A FP: PKGT: 0
HORSE PROP: LSE: LOP: FUR: No PKGC:0
ELEM: 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 Cottage
offers 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 detached
structure could provide the perfect office or studio space. The outdoor space includes lush foliage
intermingled among pea-gravel grounds, creating a romantic backdrop for an intimate dinner party
or a midsummer night’s dream. Close to the Silver Lake reservoir, shops and eateries. Come be
inspired!
ROOMS: Basement,Bonus,Breakfast Area,Living

EQUIP: Built-Ins
AIR: Wall/Window HEAT: Wall
FLOOR: Carpet,Hardwood,Mixed,Tile LAUNDRY: Outside
FIREPL: None ROOF:
POOL: TENNIS:
PARK: None SPA:
SEWER: In Street POSS: Close Of Escrow
DISC: As Is SZONE:
OCC/SHOW: Call LA 1,Listing Agent Accompanies,Owner SALE TYPE: Standard
Page:3
All Comps within

Flippers purchased this 1/2 mile radius.
property for 215K on 02-15-10
STATUS: Sold ADDRESS: 2122 VESTAL AVE , LOS ANGELES 90026 SP: $501,000

MAP: 594/F5BR: 2
STYLE: Spanish SUB: PUD: No YB: 1930 BA: 1.00
APX
APN: 5420-020-021 ZONE: LAR2 HOD: $0.00 STO: 1
SF: 870/VN
APX
LSZ: 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 all
new electrical, plumbing, reclaimed acacia plank floors, roof, central heat and air. Nice outdoor
space 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: Basement
EQUIP: Dishwasher,Garbage Disposal,Hood Fan,Network Wire,Refrigerator
AIR: Central HEAT: Central
FLOOR: Hardwood LAUNDRY: Other
FIREPL: None ROOF: Composition
POOL: None TENNIS: None
PARK: Detached,Door Opener,Garage SPA: Bath Tub
VIEW TYPE: City Lights WATERFRONT: None
SEC: None FIN: Cash To New Loan

SEWER: In Street POSS: Close Of Escrow
DISC: Listing Broker Advantage SZONE: Other
OCC/SHOW: Call LA 1 SALE TYPE:
BLOG
LP: $399,000 DOM: 5LD: 04/18/2010SP: $501,000 SSP: LP/SF: $458.62
Y/N: Yes
AVM
OLP: $399,000 CD: 04/23/2010SD: 06/03/2010WD: SP/SF: $575.86
Y/N: Yes
Page:4
STATUS: Sold ADDRESS: 2167 VESTAL AVE , LOS ANGELES 90026 SP: $288,000

MAP: 594/F5BR: 2
STYLE: California
SUB: PUD: YB: 1922 BA: 1.00
Bungalow
APX
APN: 5420-018-002 ZONE: LAR1 HOD: $0.00 STO: 1
SF: 846/VN
APX
LSZ: 5,000/VN
APX ACREAGE: N/A GH: N/A FP: PKGT:
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
buyer to finish it great upside potential, price reflects the TLC, to sold in "as is" condition. Buyer to
check with city LADBS to satisfy for permits and etc. Call L/O must have 24 hrs notice for
showing, seller is motivated, no down time, let's show and sell. No FHA financing please!
ROOMS: Basement
EQUIP: Garbage Disposal
AIR: None HEAT: Wall
FLOOR: Carpet,Mixed,Vinyl LAUNDRY: Inside
FIREPL: None ROOF: Composition
POOL: TENNIS:
PARK: Uncovered SPA:
VIEW TYPE: City Lights,Tree Top WATERFRONT:
SEWER: POSS: Close Of Escrow
DISC: As Is SZONE:
OCC/SHOW: 24-hr Notice,Appointment w/List. Office,Call Listing Office SALE TYPE:
BLOG
Y/N: Yes
AVM
OLP: $424,000 CD: 05/06/2010SD: 06/15/2010WD: SP/SF: $340.43
Y/N: Yes
Page:5
STATUS: Sold ADDRESS: 1636 N Alvarado St , Los Angeles 90026 SP: $321,000
View Larger Map

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

APX
APN: 5419-001-007 ZONE: LARD2 HOD: $0.00 STO:
SF: 822
APX APX
ADP: VU: No PL: No
LDM: 50x150 LSZ: 7,500
APX ACREAGE: 0.17 GH: N/A FP: PKGT:
ELEM: JRHS: SRHS:
DIRECTIONS: glendale exit off of 101 north freeway

REMARKS:
ROOMS: Living
EQUIP:
FLOOR: Other LAUNDRY:
FIREPL: ROOF: Other
POOL: None TENNIS:
PARK: SPA: None
SEC: FIN: Cash,Cash To New Loan
SEWER: POSS:
DISC: Short Pay SZONE:
OCC/SHOW: Tenant SALE TYPE: Short Pay
BLOG
Y/N: Yes
AVM
OLP: $260,000 CD: 03/12/2010SD: 05/25/2010WD: SP/SF: $390.51
Y/N: Yes
Page:6
STATUS: Sold ADDRESS: 1543 Lucretia Ave , Los Angeles 90026 SP: $460,000
Flippers purchased this property

for $292,000 on 3/23/2010

RESIDENTIAL AREA: (21) Silver Lake
MLS#: S633396SCMAP: 594/E7 BR: 2
SINGLE FAMILY - Echo Park
APX
APN: 5419-006-007 ZONE: HOD: $0.00 STO:
SF: 884
APX APX
ADP: VU: Yes PL: No
LDM: 50x130 LSZ: 6,500
APX ACREAGE: 0.15 GH: N/A FP: PKGT:
ELEM: JRHS: SRHS:
DIRECTIONS: ECHO PARK TO LUCRETIA

REMARKS: TRADITIONAL SALE! QUICK CLOSE! ENJOY SPECTACULAR LA CITY VIEWS
FROM THE PATIO OR DECK IN THIS 2 BEDROOM HOME ON AN EXTEMELY LARGE LOT
THAT FEATURES NEW INTERIOR/EXTERIOR PAINT, HARDWOOD FLOORS, AND NEW
WINDOWS. PROPERTY IS A STEAL AT THIS PRICE
ROOMS:
EQUIP:
FLOOR: LAUNDRY:
FIREPL: Living Room ROOF: Composition
POOL: None TENNIS:
PARK: SPA: None
VIEW TYPE: WATERFRONT:
SEWER: POSS:
DISC: SZONE:
OCC/SHOW: Combo Lock Box,Vacant,Vacant SALE TYPE:
BLOG
Y/N: Yes
AVM
OLP: $499,000 CD: 10/05/2010SD: 11/15/2010WD: SP/SF: $520.36
Y/N: Yes
Page:7

Acquisition Proposal - 2112 Duane Street Los Angeles

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Acquisition Proposal - 2112 Duane Street Los Angeles

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CLIENT DETAIL Page 1 of 1

CLICK HERE TO VIEW

Larger Map Aerial Map Plat Map

DIRECTIONS: Off Glendale Blvd/Right on Allesandro. Stay right on Duane

Primary Owner: JUAREZ, MARSHALL

Assessment & Tax Information

Data Deemed Reliable, But Not Guaranteed.

Subject Property History

Data Deemed Reliable, But Not Guaranteed.

Comparable Sales Data

Comparable Sales Data

Area Sales Analysis

Total Area Sales 2 Median # of Bedrooms 2

Data Deemed Reliable, But Not Guaranteed.

Property Address 2112 Duane Street Los Angeles CA 90039

Property Owner(s) Wells Fargo NA

As-is Condition 216,000

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

Subject Property Data:

Property Type SFR

Square Feet 756

Additional Property Features: (please check if available)

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

Report By: Ernie Espinoza

Per Original Cash

Less Cost of Sales

Gross Profit 31.5% $ 155.95 $ 117,897.94

Less Point of Sale Expenses

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

Cost Of Funds 3 1.00% 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

Ernesto Espinoza <erespinoza@gmail.com>

7 Comps for 2112 DUANE ST LOS ANGELES, CA

ernie.espinoza@gadishproperties.com Mon, Nov 15,

Virtual/Photo Tour Add'l Photos View Larger Map

ROOMS: Breakfast Area,Dining Area

View Larger Map

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

Add'l Photos View Larger Map

DIRECTIONS: East of Silver Lake Blvd., North of Duane St.

ROOMS: Basement,Bonus,Breakfast Area,Living

All Comps within

Add'l Photos View Larger Map

SEC: None FIN: Cash To New Loan

Add'l Photos View Larger Map

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

View Larger Map

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

DIRECTIONS: glendale exit off of 101 north freeway

Flippers purchased this property

Add'l Photos View Larger Map

DIRECTIONS: ECHO PARK TO LUCRETIA

guaranteed. Prepared by: Ernesto Espinoza DRE# 01516070

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