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VALUATION ANALYSIS (Continued) <br />SALES COMPARISON APPROACH: (Continued) <br />Land Value: (Continued) <br />Sales Comparison Analysis: (Continued) <br />Grantor: Soon Kap Hahn <br />Grantee: Gerhardt 8. Schupmann <br />Assessor's Parcel No.: 079-751-08 <br />Data F <br />Located on the east side of Bewley Street, beginning 80 feet <br />north of 11 'h Street, Santa Ana. The site was vacant at the time <br />of sale; immediate development plans are unknown. The site <br />can reportedly accommodate three dwelling units reflecting a <br />developable density of one unit per 6,732 square feet of land <br />area. The parcel has an interior (versus corner) location, <br />rectangular land configuration, effectively level topography, and <br />contains 20,196 square feet of land area. <br />The property was originally offered for sale at $720,000, and <br />was on the market 48 days. The purchase price was $620, all <br />cash. The deed recorded July 14, 2017 as Document No. <br />289728. Further details regarding this transaction are <br />summarized as follows: <br />Grantor: John T. Robertson <br />Grantee: John Le & Teresa Huynh <br />Assessor's Parcel No.: 198-102-20 <br />Reference the Market Analysis Comparison Grid set forth on the following <br />facing page. The land sale properties have been compared to the subject <br />property with consideration assigned to property rights conveyed, <br />conditions of sale, sale terms (financing), as well as the significant elements <br />of comparability. <br />By way of review and comparison, the subject property has a nonsignalized <br />corner location at the intersection of two secondary streets. The site has a <br />rectangular land configuration, effectively level topography, and contains <br />26,598 square feet of land area. The subject property has been considered <br />and appraised herein based on the hypothetical condition that full <br />entitlements have been achieved for the development of a 7 -unit townhouse <br />complex as proposed. <br />LUDOnxDANnASSOC S <br />A P P RA ] S E R S -CONSULTANTS <br />201-52 <br />