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ATTACHMENT <br />Conclusion <br />After adjustments for market conditions, the comparables establish a fair market <br />value range for the subject property between $312 and $484 per square foot as shown in <br />the following table. Comparable Nos. 1, 2 and 3 are rated inferior, while Comparable Nos. <br />4 and 5 are rated superior. Based on the subject property's size, location and condition, a <br />value above $351 per square foot but below $466 per square foot is indicated for the <br />subject property. <br />75E-12 <br />COMPARABLE IMPROVED SALES SUMMARY <br />Location <br />COE Data <br />Bldg Sze SP <br />Year Built <br />Sales Rice <br />APN <br />Doc No. <br />Land Area SF <br />Ste Gov. <br />Rice PS (Bldg <br />Comments <br />Price PSF/Land <br />SUB,ECT PROPERTY <br />1023 N. Bristol Street <br />NIApp <br />1,545 <br />1950 <br />N/App <br />The subject property is utilized man <br />Santa Ana, Cl92703 <br />N/App <br />7,263 <br />21% <br />N/App <br />optometrlWe offce. Located mid -block on <br />Bristol B., with goad visbility. ADT= approx. <br />405-26283 <br />35,000 <br />Comparable No. 1 <br />310 S Main Bradt <br />7/14/2016 <br />2,120 <br />1917 <br />$640,000 <br />Single -tenant commercial building used sea <br />Santa Ana, CA 92701 <br />321338 <br />6,025 <br />35% <br />$301.89 <br />bakery for the last 60 yours The broker reportsa <br />398-288-08 <br />$106.22 <br />new roof, awning, exterior paint and air <br />Grantor: <br />Barbara Lynne Orr <br />and George Robert <br />Vebeck, stat. <br />conditioning unit. <br />Grantee: <br />3641 Le Sage Real Estate Partners LLC <br />Comparable No. 2 <br />1517 E4th Street <br />7/23/2015 <br />1,200 <br />1924 <br />$385,000 <br />lav✓ office building located near the Federal <br />Santa Ana, C492701 <br />382743 <br />7,405 <br />16% <br />$320.83 <br />Court Building. AverageaccessWidbility on <br />398892-19 <br />$51.99 <br />secondarystrest. The broker reportsthat the <br />Grantor: <br />Atzeff Koche <br />property !sin average minuscondition, and in <br />need of updating. <br />Grantee: <br />Kumar4 LLC <br />Comparable No. 3 <br />1502 N Main Street <br />ACTIVE <br />1,767 <br />1919 <br />$586,123 <br />Cyder SFRoonverte7 for office usa.Good <br />Santa Ana, CA92701 <br />NhA <br />7,733 <br />23% <br />$331.71 <br />acceslvisbility on an arterial Brest. Prior sale in <br />005-153-12 <br />$75.80 <br />May 2013 for $449,000, or $254/9=. <br />Grantor. <br />Luk Family Trust <br />Grantee: <br />WA <br />Comparable No. 4 <br />924 E. Chapman Avenue <br />9/29/2016 <br />2,224 <br />1921 <br />$1,050,000 <br />Converted SFR used for an office . Good <br />Orange, CA 92866 <br />47422 <br />6,534 <br />34% <br />$472.12 <br />access(Asbllity on an arterial street. <br />390451-02 <br />$160.70 <br />Grantor: <br />Coast Soccer League, Inc. <br />Grantee: <br />D.23 LLC <br />Comparable No. 5 <br />7891 Westminster Boulevard <br />9/13/2016 <br />2,586 <br />1956 <br />$1,175,000 <br />SFRconverted for offceuse Average <br />Westminster, CA 92683 <br />435061 <br />13,876 <br />19% <br />$454.37 <br />amessivisbility on an arterial street. <br />096825-03 and -24 <br />$84.68 <br />Grantor: <br />Rchard Long The Nguyen <br />Grantee: <br />LDHT Family Ro artles <br />Conclusion <br />After adjustments for market conditions, the comparables establish a fair market <br />value range for the subject property between $312 and $484 per square foot as shown in <br />the following table. Comparable Nos. 1, 2 and 3 are rated inferior, while Comparable Nos. <br />4 and 5 are rated superior. Based on the subject property's size, location and condition, a <br />value above $351 per square foot but below $466 per square foot is indicated for the <br />subject property. <br />75E-12 <br />