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HomeMy WebLinkAboutC-9714-2 - East Balboa Boulevard, 301 - Grant Deed 2024RECORDING REQUESTED BY: CITY OF NEWPORT BEACH AND WHEN RECORDED MAIL TO: Attn: City Clerk City of Newport Beach 100 Civic Center Drive Newport Beach, CA 92660 ORDER: TT3000910 ESCROW NO.: 65619-RM Parcel No: 048-082-01 Recorded in Official Records, Orange County Hugh Nguyen, Clerk -Recorder 1II 111 11111 111111111111 N0 FEE *$ R 0 0 1 5 3 0 8 2 7 7 $ * 2024000330923 3:59 PM 12/19/24 504 412A G02 9 0.00 0.00 0.00 20.00 24.00 0.00 0.000.000.00 0.00 Exempt from recording fee per Government Code §§ z7saj (Space Above This Line For Recorder's Use Only) GRANT DEED THE UNDERSIGNED GRANTOR(S) DECLARE(s): .tg City of Newport Beach Documentary Transfer Tax is $0.00 ❑ unincorporated area City Transfer Tax is $0.00 This document is recorded at the ❑computed on full value of interest or request of and for the benefit of Property conveyed, or the City of Newport Beach, & ❑ full value less value of liens or therefore is exempt from the encumbrances remaining at the time of sale payment of a recording. --fee pursuant to California Government code 6103 ** FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, Bobby Hanada and Linda Hanada, husband and wife as joint tenants ("Grantor"), hereby GRANTS in fee simple interest to the City of Newport Beach, a municipal corporation and charter city ("Grantee"), all of that certain real property located at 301 East Balboa Boulevard in the City of Newport Beach, County of Orange, State of California ("Land") as more particularly described in EXHIBIT "A" and depicted on EXHIBIT "B," which exhibits are attached hereto and incorporated herein by reference and are made a part of this Grant Deed, all of Grantor's right, title and interest in and to the rights, benefits, privileges, easements, tenements, hereditaments, and appurtenances to the extent belonging or appertaining to the Land with any and all structures, improvements and fixtures, together with equipment and personal property, if any, located on or under the Land (collectively the "Property"). This conveyance is made and accepted subject to all real property taxes and assessments that are not yet delinquent, rights of tenants, as tenants only, under unrecorded leases, all matters of record, all matters that would be reflected on an accurate survey or shown by a physical inspection of the Property, and all scheduled exceptions waived by the City to the title policy issued to City at Closing, as of the date hereof. [END OF DOCUMENT. SIGNATURES ON NEXT PAGE.] ** and 27383 and from payment of documentary transfer tax pursuant to California Revenue and Taxatibn.-.code 11911 Grant Deed Page 1 RECORDING REQUESTED BY: CITY OF NEWPORT BEACH AND WHEN RECORDED MAIL TO: Attn: City Clerk City of Newport Beach 100 Civic Center Drive Newport Beach, CA 92660 ORDER: TT3000910 ESCROW NO.: 65619-RM Parcel No: 048-082-01 Exempt from recording fee per Government Code §§ 27383 (Space Above This Line For Recorder's Use Only) GRANT DEED THE UNDERSIGNED GRANTOR(S) DECLARE(s): a City of Newport Beach Documentary Transfer Tax is $0.00 ❑ unincorporated area City Transfer Tax is $0.00 This document is recorded at the ❑computed on full value of interest or request of and for the benefit of Property conveyed, or the City of Newport Beach, & ❑ full value less value of liens or therefore is exempt from the encumbrances remaining at the time of sale payment of a recording fee pursuant to California Government code 6103 ** FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, Bobby Hanada and Linda Hanada, husband and wife as joint tenants ("Grantor"), hereby GRANTS in fee simple interest to the City of Newport Beach, a municipal corporation and charter city ("Grantee"), all of that certain real property located at 301 East Balboa Boulevard in the City of Newport Beach, County of Orange, State of California ("Land") as more particularly described in EXHIBIT "A" and depicted on EXHIBIT "B," which exhibits are attached hereto and incorporated herein by reference and are made a part of this Grant Deed, all of Grantor's right, title and interest in and to the rights, benefits, privileges, easements, tenements, hereditaments, and appurtenances to the extent belonging or appertaining to the Land with any and all structures, improvements and fixtures, together with equipment and personal property, if any, located on or under the Land (collectively the "Property"). This conveyance is made and accepted subject to all real property taxes and assessments that are not yet delinquent, rights of tenants, as tenants only, under unrecorded leases, all matters of record, all matters that would be reflected on an accurate survey or shown by a physical inspection of the Property, and all scheduled exceptions waived by the City to the title policy issued to City at Closing, as of the date hereof. [END OF DOCUMENT. SIGNATURES ON NEXT PAGE.] ** and 27383 and from payment of documentary transfer tax pursuant to California Revenue and Taxation code 11911 Grant Deed Pagel IN WITNESS WHEREOF, the undersigned has executed this Grant Deed as of December_, 2024. Bobby Hanada and Linda Hanada, husband and wife as joint tenants By: ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of 0.yc4 } ss, On q e cem b�r ) Li , 202,4 before me, 7reM loy r1S+ine Res er Notary Public, personally appeared who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/0 subscribed to the within instrument and acknowledged to me that he/sheA&4 executed the same in his/her/ authorized capacity(ies), and that by his/herJ bir signatures(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature yE of >1 TAYLOR CHRISTINE DESLER Notary Public •California Orange County Commission k 2347185 My (seal) Comm, Expires Feb 15, 2025 Grant Deed Page 2 EXHIBIT "A" PROPERTY LEGAL DESCRIPTION The land referred to herein below is situated in the City of Newport Beach, County of Orange, State of California, and is described as follows: Lot 18 in Block 2 of Newport Bay Tract, in the City of Newport Beach, County of Orange, State of California, as shown on a map recorded in Book 4, Page 16 of Miscellaneous Maps, in the office of the county recorder of said county. APN: 048-082-01 Grant Deed Page 3 EXHIBIT "B" PROPERTY DEPICTION Grant Deed Page 4 O i' N o N 3pT 3 p8 �... N �V OM3p6 1 ! n n / O N N N or `' M o N Q 30,5 Gj / N r ry O M O I r OM ,,,�• N._ N 'Y n Ay�.� .M M i• W y^ M cry O on, N ^ O ( ) N i n N�NM N Nry 6 Mqn N N O N ti T a JN / j M j 937 W /� 1... C A M n n \ f 'N n n N M co N n n caj I�7J / 2 qe O ,.w 0, M ' N 94 M M o0 n- N' i / i o N O MN M MNd' MN°` // '9@ a, MQ Q? h N LQ0 � N ry �Q A 8t ViD M ti N N nr pa (o �o O O OE•gM n� n ^ �`�O Q�b F n M n a `y N ,? a N N CO N Op n n t4 O M � QrFgN PROA,U I E t Disclaimer: N E W P O R 7 B E A C H Every reasonable effort has been made to assure the accuracy of the data provided, however, The City of a�WPpRT Newport Beach and its employees and agents disclaim any and all responsibility from or relating to 0 100 200 any results obtained in its use. C9G/ Feet FO Ia��P:,d' 12/19/2024 CERTIFICATE OF ACCEPTANCE This CERTIFICATE OF ACCEPTANCE is to certify that the interest in real property set forth in that certain Grant Deed by and between the City of Newport Beach, a California municipal corporation and charter city, as Grantee, and Bobby Hanada and Linda Hanada, husband and wife as joint tenants as Grantor, for property located at 301 East Balboa Boulevard [APN: 048-082-01], located in the City of Newport Beach is hereby accepted on December M_, 2024, by the undersigned officer on behalf of the City of Newport Beach pursuant to authority conferred by Resolution No. 1992-82 of the City Council adopted on July 27, 1992. The City of Newport Beach consents to the recordation of said document in the Office of the Recorder of Orange County, State of California. APPROVED AS TO FORM: CITY ATTORNEY'S OFFICE Date: 1:7_ 1 II 12 y By: Aaron 0 Harp City Attorney ATTEST: Date: M By: flAtJA1 Leilani I. Brown City Clerk CITY OF NEWPORT BEACH, a California municipal corporation and charter city Date: 12 I I ZI �24 By: Grac Leung City nager RECOMMENDED FOR ACCEPTANCE: COMMUNITY DEVELOPMENT DEPARTMENT Date: Z /Z 207, By: Seimone Jurjis Assistant City Manager/ Community Development Director Grant Deed Page 5 CALIFORNIA-• • •D A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California ) County of ogat-t&s ) On 12.1Z-vA Date before me, J EtWN IFS AN N 1N%y"v E'1 i N07- 144 pusuc Here Insert Name and Title of the Officer personally appeared C R C_ K• L G V ill (, Name(s) of Signer(s) who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. rh �� JENNIFER ANN MULVEV Notary Public - California 0;�`„',` :+s Orange County ' °�"" My Commission # 2375299 Comm. Expires Oct 12, 2025 I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS Signature Place Notary Seal Above OPTIONAL Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document. Description of Attached Document Title or Type of Document: Document Date: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: ❑ Corporate Officer — Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Individual ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: Number of Pages: Signer's Name: ❑ Corporate Officer — Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Individual ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: 02016 National Notary Association • www.NationalNotary.org • 1-800-US NOTARY (1-800-876-6827) Item #5907 ILLEGIBLE NOTARY SEAL DECLARATION GOVERNMENT CODEL7361.7 I CERTIFY UNDER THE PENTALY OF PERJURY THAT THE NOTARY SEAL. ON THE DOCUMENT TO \A/HICH THIS STATEMENT IS ATTACHED READS AS FOLI..OWS: NAME OF NOTARY:y��5- DATE COMMISSION EXPIRES: NOTARY IDENTIFICATION NUMBER: Z;4-7 k8! (NOTARIES COMMISSION AFTER 1-1-92) MANUFACTURER/VENDOR IDENTIFICATION NUMBER: (NOTARIES COMMISSION AFTER 1-1-92) COUNTY WHERE BOND IS FILED: OQ-\ = �jtjhi PL-ACE OF EXECUTION OF THIS DECLARATION: 'TUSTIN DATE: \2 - It\ . 7z TICOR�FITL_E COMPANY BY: ILLEGIBLE NOTARY SEAL DECLARATION GOVERNMENT CODE 27361.7 DOCUMENTTO WHICH THIS STATEMENT IS ATTACHED READS AS FOLLOWS: NAME OF NOTARY: �1E6yiJ1V� `M�✓��j DATE COMMISSION EXPIRES: Cc7-GfW�Z- I`Li'Z-02Z1; NOTARY IDENTIFICATION NUMBER: ��'��� Z-rlI (NOTARIES COMMISSION AFTER 1-1-92) MANUFACTURER/VENDOR IDENTIFICATION NUMBER: (NOTARIES COMMISSION AFTER 1-1-92) COUNTY WHERE BOND IS FILED: cam` t-L, ll�l N r� P� 1 PLACE OF EXECUTION OF THIS DECLARATION: TUSTIN DATE: Z-02- + TICOR TITLE COMPANY B BOE-502-A (P1) REV. 13 (06-17) PRELIMINARY CHANGE OF OWNERSHIP REPORT To be completed by the transferee (buyer) prior to a transfer of subject property, in accordance with section 480.3 of the Revenue and Taxation Code. A Preliminary Change of Ownership Report must be filed with each conveyance in the County Recorder's office for the county where the property is located. FOR ASSESSOR'S USE ONLY City of Newport Beach, a California municipal corporation and 100 Civic Center Drive Newport Beach, CA 92660 Escrow No.: 65619-RM CLAUDE PARRISH ORANGE COUNTY ASSESSOR (714) 834-6031 ASSESSOR'S PARCEL NUMBER 048-082-01 SELLERrrRANSFEROR Bobby Hanada and Linda Hanada BUYER'S DAYTIME TELEPHONE NUMBER I BUYER'S EMAIL ADDRESS STREET ADDRESS OR PHYSICAL LOCATION OF REAL PROPERTY 301 East Balboa Boulevard, Newport Beach, CA 92661 This property is intended as my principal residence. If YES, please indicate the date of occupancy Mo DAY YEAR ❑ YES ®NO or intended occupancy. ❑ YES ® NO Are you a disabled veteran or a unmarried surviving spouse of a disabled veteran who was compensated at 100% by the Department of Veterans Affairs? MAIL PROPERTY TAX INFORMATION TO (NAME) City of Newport Beach, a California municipal corporation and charter city MAIL PROPERTY TAX INFORMATION TO (ADDRESS) CITY STATE I ZIP CODE 100 Civic Center Drive Newport Beach CA 92660 PART 1. TRANSFER INFORMATION Please complete all statements. This section contains possible exclusions from reassessment for certain types of transfers. YES NO ❑ ® A. This transfer is solely between spouses (addition or removal of a spouse, death of a spouse, divorce settlement, etc.). ❑ ® B. This transfer is solely between domestic partners currently registered with the California Secretary of State (addition or removal of a partner, death of a partner, termination settlement, etc.). El[ * C. This is a transfer: ❑ between parent(s) and child(ren) ❑from grandparent(s) to grandchild(ren). ❑ ® * D. This transfer is the result of a cotenant's death. Date of death ❑ ® * E. This transaction is to replace a principal residence owned by a person 55 years of age or older. Within the same county? ❑ YES ❑ NO ❑ ® * F. This transaction is to replace a principal residence by a person who is severely disabled as defined by Revenue and Taxation Code section 69.5. Within the same county? ❑ YES ❑ NO ❑ Q G. This transaction is only a correction of the name(s) of the person(s) holding title to the property (e.g., a name change upon marriage) If YES, please explain: ❑ ® H. The recorded document creates, terminates, or reconveys a lender's interest in the property. ❑ FX] I. This transaction is recorded only as a requirement for financing purposes or to create, terminate, or reconvey a security interest (e.g., cosigner). If YES, please explain: ❑ ® J. The recorded document substitutes a trustee of a trust, mortgage, or other similar document. K. This is a transfer of property: ❑ ® 1. to/from a revocable trust that may be revoked by the transferor and is for the benefit of ❑ the transferor, and/or ❑ the transferor's spouse❑ registered domestic partner. ❑ ® 2. to/from an irrevocable trust for the benefit of the ❑ creato r/g ran tor/trustor and/or ❑ grantor's/trustor's spouse ❑ grantor's/trustor's registered domestic partner. ❑ ® L. This property is subject to a lease with a remaining lease term of 35 years or more including written options. ❑ ® M. This is a transfer between parties in which proportional interests of the transferor(s) and transferee(s) in each and every parcel being transferred remain exactly the same after the transfer. ® ❑ N. This is a transfer subject to subsidized low-income housing requirements with govemmentally imposed restrictions, or restrictions imposed by specified nonprofit corporations. ❑ ® * O. This transfer is to the first purchaser of a new building containing an active solar energy system. ® ❑ * P. Other. This transfer is to a public agency. * Please refer to the instructions for Part 1. Please provide any other information that will help the Assessor understand the nature of the transfer. THIS DOCUMENT IS NOT SUBJECT TO PUBLIC INSPECTION BOE-502-A (P2) REV. 13 (06-1 7) PART 2. OTHER TRANSFER INFORMATION Check and complete as applicable. Escrow No.: 65619-RM A. Date of transfer, if other than recording date: B. Type of transfer: ® Purchase ❑ Foreclosure ❑ Gift ❑ Trade or exchange ❑ Merger, stock, or partnership acquisition (Form BOE-100-B) ❑ Contract of sale. Date of contract: ❑ Inheritance. Date of death: ❑ Sale/Leaseback ❑ Creation of a lease ❑ Assignment of a lease ❑ Termination of a lease. Date lease began: Original term in years(including written options): Remaining term in years (including written options): ❑ Other. Please explain: C. Only a partial interest in the property was transferred. ❑ Yes ® No If YES, indicate the percentage transferred: % PART 3. PURCHASE PRICE AND TERMS OF SALE Check and complete as applicable. A. Total purchase price I $ 2,600.00 B. Cash down payment or value of trade or exchange excluding closing costs Amount $ 26,00 C. First deed of trust @ % interest for years. Monthly payment $ Amount $ N/A ❑ FHA (— Discount Points) ❑ Cal -Vet ❑ VA (— Discount Points) ❑ Fixed rate ❑ Variable rate ❑ Bank/Savings & Loan/Credit Union ❑ Loan carried by seller ❑ Balloon payment $ Due date: D. Second deed of trust @ % interest for years. Monthly payment $ Amount $ N/A ❑ Fixed Rate ❑ Variable rate ❑ Bank/Saving & Loan/Credit Union ❑ Loan carried by seller ❑ Balloon payment $ Due date: E. Was an Improvement Bond or other public financing assumed by the buyer? [-]YES ❑NO Outstanding balance $ F. Amount, if any, of real estate commission fees paid by the buyer which are not included in the purchase price $ G. The property was purchased: ❑ Through real estate broker. Broker name: Phone number: ( 1 [7 Direct from seller El From a family member -Relationship ❑ Other. Please explain: H. Please explain any special terms, seller concessions, broker/agent fees waived, financing, and any other information (e.g., buyer assumed the existing loan balance) that would assist the Assessor in the valuation of your property. PART 4. PROPERTY INFORMATION Check and complete as applicable. A. Type of property transferred ❑ Single-family residence ❑ Co-op/Own-your-own ❑ Manufactured home ® Multiple -family residence. Number of units:_ ❑ Condominium ❑ Unimproved lot ❑ Other. Description: (i.e., timber, mineral, water rights, etc.) ❑ Timeshare ❑ Commercial/Industrial B. ❑YES ®NO Personal/business property, or incentives, provided by seller to buyer are included in the purchase price. Examples of personal property are furniture, farm equipment, machinery, etc. Examples of incentives are club memberships, etc. Attach list if available. If YES, enter the value of the personal/business property: $ C. DYES ®NO A manufactured home is included in the purchase price. If YES, enter the value attributed to the manufactured home: $ ❑YES ❑NO The manufactured home is subject to local property tax. If NO, enter decal number: D. ®YES ❑NO The property produces rental or other income. If YES, the income is from: [] Lease/rent ❑ Contract ❑ Mineral rights ❑ Other: E. The condition of the property at the time of sale was: ❑ Good Please describe: Incentives $ ❑ Average ® Fair ❑ Poor CERTIFICATION I certify (or declare) that the foregoing and all information hereon, including any accompanying statements or documents, is true and correct to the best of my knowledge and belief. 616NAI UK t U tl NSF-tFitt UK (:UKPUKAI t VFFIC:tK I Ui It , ^ _ _ A _ Ii4('� � r" ' , — " — "" , — v' Assessor's office may co6tAct you for additional informatidn r e transaction. CITY ATTORNEY'S OFF r O � By; �D Attest: �^ AaVh C. Harp, ity ttorney City Clerk u a.