Transcript
Broker Price Opinion (BPO)
Real Estate Parcel # Property Address Property Owner(s) ________________________________________________ ________________________________________________ ________________________________________________
5023-026-012
4214 4th Avenue Wells Fargo NA
Property Value: Repair Bid Amount: ______________ Occupied:
20,000
Vacant:
✔
As-is Condition Value Determined by:
$______________
257,000
Repaired Condition $______________ Interior Inspection:
365,000
Drive-by Inspection:
✔
Address / Price of most comparable Listing and Sale: Listing:_______________________________Price:__________DOM:______________ Sale:_________________________________Price:__________Date Closed:________ Subject Property Data: Property Type # Bedrooms # Baths Square Feet _________________ (SFR, MFR, Condo, etc.) _________________ _________________ _________________
1906 W 41st Street Los Angeles CA
375,000
17
3790 Olmstead Ave Los Angeles CA
360,000
11/03/2010
SFR
3 2
Year Built Basement (Yes/No)
______________ ______________
1935 NO YES
1,881
Listed for Sale (Yes/No) ______________
Additional Property Features: (please check if available) Air Conditioning City Water City Sewer Garage
✔ ✔
Fenced
✔
✔ ✔
Pool Outbuildings
Additional Lots Deck
If property is or was listed for sale, attach listing information. Report By: Email: Phone:
Ernie Espinoza ____________________________________________________
___________________________________________________ ___________________________________________________
[email protected] 626.278.1415
INVESTMENT PROPERTY PROFORMA 11/14/2010 Address:
Referred By: Asset Manager: Sqft: 1,818 3 1.75 1935
Bedrooms Baths Year Built
Purchase at: Opening Bid Per Sq Ft
$
$257,000 $257,000 141
Holding Period Sales Price (Re-Sale Value) ARV (AFTER REPAIR VALUE) Less Cost of Sales Purchase Price Construction / Repairs Delinquent Property Taxes Delinquent Special Taxes (HOA) Delinquent Federal Taxes (IRS Lien) Eviction Costs Fire Insurance Policy Recording/Doc Transfer Tax Temporary Utilities(Gas,Water,SCE) Monthly Maintenance Other - 1% Finders Fee Total Cost of Sales Gross Profit Less Point of Sale Expenses Sales Commission-In House Sales Commission-Co Op Property Taxes - Current Year Proration Escrow/Title Closing Costs Pest Inspection Report Natural Hazard Disclosure Homebuyers Warranty 1% Asset Mgt Co. Fee Total Point of Sale Expenses Contribution Margin Other Expenses Cost Of Funds Total Other Expenses Net Profit Return on Investment (Net Profit/Total Cash Investment) Annualized ROI (based on 90 day sales) 3
Per Sq Ft % 100.0% $ 200.77
Original Budget $ 365,000.00
Cash Investment
3
70.4% $ 141.36 5.5% 11.00 0.0% 0.0% 0.0% 0.0% 0.1% 0.14 0.1% 0.22 0.1% 0.17 0.05% 0.17 0.0% 76.2% $ 153.05 23.8% $ 47.72
$ $ $ $ $ $ $ $ $ $ $ $ $
257,000.00 20,000.00 245.43 400.00 300.00 300.00 -
$ $
257,000 20,000.00
$ $ $ $ $
245.43 400.00 300.00 300.00 278,245
278,245.43 $ 86,754.57
2.5% $ 2.5% 0.5% 0.5% 0.1% 0.1% 0.0% 1.0%
5.02 5.02 0.44 1.00 0.08 0.07 2.01
$ $ $ $ $ $ $ $ $ $
9,125.00 9,125.00 804.00 1,825.00 150.00 125.00 3,650.00 24,804.00 61,950.57 $ $ -
7.2% $ 13.64 16.7% $ 34.08
1.00% 1.0% $
4.59 4.59
$ $ $
8,347.36 8,347.36 53,603.21 19.26% $ -
15.7% $ 29.48
x
4
77.06%
Director
Director
Date
Director
Date
C:\Users\Ernesto Espinoza\Desktop\4th\Proforma 4th
11/14/2010
Gmail - Comps for 4214 4TH AVE
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Ernesto Espinoza
1 message [email protected] Reply-To: Ernie Espinoza To: Ernie Espinoza Fri, Nov 12, 2010 at 11:13 AM
STATUS: Active
ADDRESS: 1906 W 41ST ST , LOS ANGELES 90062
LP: $375,000
RESIDENTIAL SINGLE FAMILY STYLE: Traditional APN: 5022-015-041 ADP: No APX ACREAGE: HORSE PROP: ELEM:
Add'l Photos AREA: (34) Los Angeles Southwest SUB: ZONE: LAR1 VU: No GH: None LSE: JRHS:
View Larger Map MLS#: 10-488395MAP: 673/H3BR: 3 PUD: HOD: $0.00 PL: No FP: LOP: SRHS: YB: 1916 STO: 10 APX LDM: FUR: No BA: 2.00 APX SF: 1,826/VN APX LSZ: 6,624/AS PKGT: PKGC:
DIRECTIONS: 1 block north of King Blvd 2 Blocks east of Arlington REMARKS: This is a Home Buyers Dream House that has to much to List Completely Remodeled Hard wood floors Shine with a fireplace New tile in the kitchen and in the bathrooms new showers sinks hot tub new granite counter tops New Cabinets this is a Must See for your buyers who just want to move in. ROOMS: Wine Cellar EQUIP: Ceiling Fan AIR: None FLOOR: Carpet FIREPL: Living Room POOL: PARK: Garage VIEW TYPE: None SEC: SEWER:
HEAT: Floor Furnace LAUNDRY: Inside ROOF: TENNIS: SPA: WATERFRONT: FIN: POSS:
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DISC: None OCC/SHOW: Vacant
LP: $375,000 OLP: $375,000 DOM: 15 LD: 10/28/2010 CD:
SZONE: SALE TYPE: Standard
SP: SD: SSP: WD: BLOG Y/N: Yes AVM Y/N: Yes LP/SF: $205.37 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
STATUS: Active
ADDRESS: 4307 9TH AVE , LOS ANGELES 90008
LP: $329,000
RESIDENTIAL SINGLE FAMILY STYLE: Spanish APN: 5023-013-006 ADP: APX ACREAGE: HORSE PROP: ELEM:
Add'l Photos AREA: (34) Los Angeles Southwest SUB: ZONE: LAR1 VU: No GH: N/A LSE: JRHS:
View Larger Map MLS#: 10-490813MAP: 673/F3BR: 3 PUD: HOD: $0.00 PL: No FP: 1 LOP: SRHS: YB: 1929 STO: 20 APX LDM: FUR: No BA: 2.00 APX SF: 1,880/VN APX LSZ: 4,590/VN PKGT: PKGC:2
DIRECTIONS: REMARKS: Spanish style beauty w/lots of character !! Hardwood floors throughout, carved wooden doors, spanish tile entry. Wood beam cielings, living room w/fireplace, separate dining room. Kitchen w/tile counters & floors, breakfast area. Bedrooms w/walk-in closets. Backyard w/grassy area & detached garage. Very well maintained ! *** SHOWING INSTRUCTIONS: CALL LA1 / SEE PRIVATE REMARKS *** ROOMS: Breakfast Area,Dining,Living EQUIP: Dishwasher AIR: Other FLOOR: Carpet,Hardwood,Tile FIREPL: Living Room POOL: None PARK: Detached,Garage VIEW TYPE: None SEC: SEWER: DISC: As Is,Short Pay
HEAT: Other LAUNDRY: Room ROOF: TENNIS: SPA: WATERFRONT: FIN: Cash To New Loan POSS: Close Of Escrow SZONE:
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OCC/SHOW: Call LA 1
LP: $329,000 OLP: $329,000 DOM: 1 LD: 11/11/2010 CD: SP: SD:
SALE TYPE: Short Pay
SSP: WD: BLOG Y/N: Yes AVM Y/N: Yes LP/SF: $175.00 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:2
STATUS: Sold
ADDRESS: 4205 3rd Avenue , Los Angeles 90008
SP: $308,000
View Larger Map RESIDENTIAL SINGLE FAMILY STYLE: APN: 5023-026-027 ADP: APX ACREAGE: HORSE PROP: ELEM: AREA: (1391) Los Angeles (County) SUB: ZONE: VU: No GH: N/A LSE: No JRHS: MLS#: I10052452MRMAP: 673/G3BR: 2 PUD: HOD: $0.00 PL: No FP: LOP: SRHS: YB: 1923 STO: APX LDM: FUR: BA: 1.00 APX SF: 1,648 APX LSZ: 6,500 PKGT: PKGC:
DIRECTIONS: REMARKS: PROPERTY SOLD AS IS WITHOUT REPAIR OR WARRANTY. ROOMS: Living EQUIP: None AIR: None FLOOR: FIREPL: Living Room POOL: None PARK: Garage & Detached VIEW TYPE: None SEC: SEWER: DISC: Lender Owned/REO OCC/SHOW: Combo Lock Box,Vacant
LP: $307,777 OLP: $307,777 DOM: 27 LD: 05/07/2010 CD: 06/03/2010
HEAT: Wall LAUNDRY: Room ROOF: Composition,Shingle TENNIS: SPA: WATERFRONT: FIN: Submit,FHA POSS: Close Of Escrow SZONE: SALE TYPE: Real Estate Owned
SP: $308,000 SD: 09/01/2010 SSP: WD: BLOG Y/N: Yes AVM Y/N: Yes LP/SF: $186.89 SP/SF:
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Gmail - Comps for 4214 4TH AVE
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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:3
STATUS: Sold
ADDRESS: 4322 Sutro Ave , Los Angeles 90008
SP: $335,000
RESIDENTIAL SINGLE FAMILY STYLE: Spanish APN: 5023-029-026 ADP: APX ACREAGE: 0.10 HORSE PROP: ELEM:
Add'l Photos AREA: (34) Los Angeles Southwest SUB: ZONE: VU: No GH: N/A LSE: No JRHS:
View Larger Map MLS#: P733894SCMAP: 673/G3 PUD: HOD: $0.00 PL: No FP: LOP: SRHS: YB: 1928 STO: APX LDM: 57x74 FUR: BR: 3 BA: 2.00 APX SF: 1,673 APX LSZ: 4,200 PKGT: PKGC:
DIRECTIONS: Vernon and 6th Ave. REMARKS: Bank Owned. Nice And Clean. Features Include Three Bedrooms And Two Bathrooms, Large Living Area, Open Floor Plan, Spanish Tile Roof, Gated Driveway That Provide Private Back Yard, Cozy Fireplace, Hardwood Floorings Thru Out And Tile In Kitchen. Recessed Lightings In Living Room, Kitchen And Master Bedroom. Property Was Remodeled In 2006. Located Inside Tract. Close To Schools, Parks, and Shopping Centers. Easy Access to 10 and 110 Freeways. ROOMS: EQUIP: AIR: None FLOOR: Hardwood FIREPL: Living Room POOL: None PARK: Garage & Detached,Gated VIEW TYPE: None SEC: SEWER: DISC: Lender Owned/REO OCC/SHOW: Vacant
LP: $323,900 OLP: $323,900 DOM: 61 LD: 05/06/2010 CD: 05/11/2010
HEAT: LAUNDRY: ROOF: Tile TENNIS: SPA: None WATERFRONT: FIN: Cash,Cash To New Loan POSS: Close Of Escrow SZONE: SALE TYPE: Real Estate Owned
SP: $335,000 SD: 07/07/2010 SSP: WD: BLOG Y/N: Yes AVM Y/N: Yes LP/SF: $193.60 SP/SF: $200.24
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Gmail - Comps for 4214 4TH AVE
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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:4
STATUS: Sold
ADDRESS: 4334 7TH AVE , LOS ANGELES 90008
SP: $335,000
RESIDENTIAL SINGLE FAMILY STYLE: Spanish APN: 5023-017-025 ADP: APX ACREAGE: HORSE PROP: ELEM: 42nd Street
Add'l Photos AREA: (34) Los Angeles Southwest SUB: ZONE: LAR1 VU: Yes GH: N/A LSE: JRHS: Audobon
View Larger Map MLS#: 10-457441MAP: 673/F3BR: 2 PUD: HOD: $0.00 PL: No YB: 1935 STO: 10 APX LDM: BA: 1.50 APX SF: 1,608/AS APX LSZ: 4,551/AS PKGT: 2 PKGC:
FP: LOP: FUR: No SRHS: Crenshaw
DIRECTIONS: from Crenshaw & Vernon E. on Vernon left on 8th right on 43rd pl. left on 7th house on corner REMARKS: Romantic 1935 Spanish Styled Home in the Heart of The Historic Leimert Park Section of Los Angeles. Filled with great Period Details and Old World Charm. This home features 2 Large Bdrms, 1.5 Baths, Hardwood Floors, Powder Room, Formal Dining, Breakfast Room with built-ins, Laundry Room, Huge Picture Window, Rare Stained Glass Skylight! Great home for entertaining. Separate detached 2-car garage. Inviting Patio Area. Curb appeal!! There’s an unfinished basement just waiting to be converted into a Wine Cellar or Storage facility. Just A quick touch of Paint and your Imagination will return this home to its original glory! Close proximity to Shopping, Dining, Cafes, Transportation and Major freeways! REGULAR SALE – Not a Short Sale or Foreclosure! QUICK Close!! ROOMS: Basement,Breakfast,Center Hall,Powder EQUIP: Antenna,Attic Fan,Cable,Ceiling Fan AIR: Other FLOOR: Hardwood FIREPL: Living Room POOL: PARK: Detached VIEW TYPE: Tree Top,Walk Street SEC: SEWER: In Street DISC: As Is OCC/SHOW: Call LA 1,Owner
LP: $355,000 DOM: 32 LD: 06/14/2010
HEAT: Central LAUNDRY: Inside ROOF: TENNIS: SPA: WATERFRONT: FIN: Cash,Cash To New Loan,FHA POSS: Close Of Escrow SZONE: SALE TYPE: Standard
SP: $335,000 SSP: BLOG Y/N: Yes LP/SF: $220.77
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OLP: $365,000
CD: 07/16/2010
SD: 08/13/2010
WD:
AVM Y/N: Yes
SP/SF: $208.33
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:5
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Primary Owner: WELLS FARGO BANK NA, Secondary Owner: Mail Address: 4101 WISEMAN BLVD SAN ANTONIO TX 78251 Site Address: 4214 4TH AVE LOS ANGELES CA 90008 County: LOS ANGELES Assessor Parcel Number: 5023-026-012 Housing Tract Number: 9741 Lot Number: Page Grid: 673-G3 Tract No: 9741 Abbreviated Description: CITY:REGION/CLUSTER: 09/09181 TR#:9741 Legal Description: TRACT # 9741 LOT 77 AND S 5 FT OF LOTS 78,79 AND LOT 80 City/Muni/Twp: REGION/CLUSTER: 09/09181 Property Characteristics Bedrooms : 3 Bathrooms : 2 Total Rooms : Zoning : LAR1 No of Stories : Building Style : Sale Information Transfer Date : 06/08/2010 Seller : CARR, SHERITA E Transfer Value : $297,468 Document # : 10-0774335 Title Company : ACCOMMODATION Assessment & Tax Information Assessed Value : $410,900 Land Value : $288,400 Improvement Value : $122,500 Market Improvement Value : Tax Year : 2010 Percent Improvement : 29.81% Tax Amount : $4,832.69 Tax Account ID : Market Land Value : Homeowner Exemption : Tax Rate Area : 0-068 Tax Status : Current Market Value : Year Built : 1935 Garage : Fireplace : Pool : Square Feet : 1,818 SF Lot Size : 4,996 SF Number of Units : 1 Use Code : Single Family Residential
Cost/Sq Feet : $163
Data Deemed Reliable, But Not Guaranteed. Copyright ©1998-110 Investors Title Company All Rights Reserved. All other trademarks and copyrights are the property of their respective holders.
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WELLS FARGO BANK NA, 4214 4TH AVE, LOS ANGELES 90008-3904 APN: 5023-026-012 LOS ANGELES COUNTY Prior Transfer Buyer Name Recording Date Price First TD Mortgage Doc # Lender Name
WELLS FARGO BANK NA, 06/08/2010 $297,468 N/A Document # TD Due Date Loan Type Interest Rate 10-0774335 BK-PG -
Data Deemed Reliable, But Not Guaranteed. Copyright ©1998-110 Investors Title Company All Rights Reserved. All other trademarks and copyrights are the property of their respective holders.
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WELLS FARGO BANK NA, 4214 4TH AVE, LOS ANGELES 90008-3904 APN: 5023-026-012 LOS ANGELES COUNTY
Comparable Sales Data
No. Address Date Price $/SF Bld/Area RM/BR/Bth YB Lot Area 4,996 SF Pool Proxim.
Subject Property
1 3790 OLMSTED AVE 2 1748 W 42ND PL 3 4021 HUBERT AVE 4 3918 ARLINGTON AVE 5 4605 BRYNHURST AVE 6 4205 3RD AVE 7 3531 WESTMOUNT AVE 8 3463 FLORESTA AVE 9 4432 4TH AVE 10 5324 6TH AVE
06/08/2010
$297,468
$164
1,818
/3/2
1935 6,116 SF
11/02/2010
$360,000
$226
1,589
/2/2
1940 6,024 SF
.84Mi.
10/21/2010
$255,000
$151
1,679
/2/1
1913 7,396 SF
.60Mi.
09/14/2010
$400,000
$214
1,863
/2/3
1940 7,998 SF
.57Mi.
09/02/2010
$252,000
$138
1,824
/3/1
1926 8,956 SF
Yes
.52Mi.
09/02/2010
$430,000
$208
2,063
/3/2
1926 6,499 SF
.74Mi.
09/01/2010
$308,000
$186
1,648
/2/1
1923 6,299 SF
.03Mi.
08/31/2010
$426,000
$218
1,947
/4/3
1937 5,397 SF
.95Mi.
08/30/2010
$405,000
$225
1,799
/3/2
1927 6,747 SF
.95Mi.
08/26/2010
$202,500
$131
1,545
/3/1
1923 5,397 SF
.28Mi.
08/24/2010
$255,000
$140
1,814
/3/2
1912
.88Mi.
Area Sales Analysis Total Area Sales Median Lot Size Median Living Area Price Range - 2 Yrs Median Value 10 6,399 SF 1,807 SF $202,500 to $430,000 $334,000 Median # of Bedrooms Median # of Baths Median Year Built Age Range Median Age 3 2 1926 70 years to 98 years 84 years
Data Deemed Reliable, But Not Guaranteed. Copyright ©1998-110 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 ©1998-110 Investors Title Company All Rights Reserved. All other trademarks and copyrights are the property of their respective holders.
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