2025-06-25 Sr. Citizen Housing Corporation AgendaAGENDA
CITY OF EL SEGUNDO
SENIOR CITIZEN HOUSING CORPORATION
BOARD
3:30 PM
PARK VISTA - PETER & EDNA FREEMAN ROOM
615 E. HOLLY AVENUE
EL SEGUNDO, CA 90245
JUNE 25, 2025
MEMBERS OF SENIOR CITIZEN HOUSING CORPORATION BOARD
Paul Lanyi, President
Timothy Whelan, Vice President
Denise Fessenbecker
Julia Newman
Paula Rotolo
The Senior Citizen Housing Corporation Board, with certain statutory exceptions, can
only take action upon properly posted and listed agenda items. Any writings or
documents given to a majority of the Senior Citizen Housing Corporation Board,
regarding any matter on this agenda, that the City received after issuing the agenda
packet are available for public inspection in the Park Vista Lobby, Joslyn Center, and
the El Segundo Public Library during normal business hours. Such documents may also
be posted on the City's website at www.elsegundo.org and additional copies will be
available at the meeting.
Unless otherwise noted in the agenda, the public can only comment on city -related
business that is within the jurisdiction of the Senior Citizen Housing Corporation Board
and/or items listed on the agenda during the Public Communications portion of the
Meeting. Members of the public may also provide comments electronically by sending
an email to the following address before 3:00 P.M. on the day of the meeting:
agnesho@elsegundo.org. Please include the meeting date and item number in the
subject line. The time limit for comments is five (5) minutes per person. Before speaking
to the Senior Citizen Housing Corporation Board, please state: your name, residence,
and organization/group you represent, if desired. Please respect the time limits.
REASONABLE ACCOMMODATIONS: In compliance with the Americans with
Disabilities Act and Government Code Section 54953(g), the City Council has
adopted a reasonable accommodation policy to swiftly resolve accommodation
requests. The policy can also be found on the City's website
at https.11www.else_-gundo.orp/_povemmentldepartmentslcity-clerk. Please contact
the City Clerk's Office at (310) 524-2308 to make an accommodation request or to
obtain a copy of the policy.
1
Page 1 of 24
CALL TO ORDER/ROLL CALL
PUBLIC COMMUNICATION — (Related to City Business Only — 5-minute limit per
person, 30-minute limit total) Individuals who have received value of $50 or more to
communicate to the Senior Citizen Housing Corporation Board on behalf of another,
and employees speaking on behalf of their employer, must so identify themselves prior
to addressing the Senior Citizen Housing Corporation Board. Failure to do so shall
be a misdemeanor and punishable by a fine of $250. While all comments are welcome,
the Brown Act does not allow action on any item not on the agenda.
A. CONSENT
1. Approval of Meeting Minutes
Recommendation -
1. Approve the regular Senior Citizen Housing Corporation Minutes from
May 28, 2025.
2. Alternatively, discuss and take other action related to this item.
B. UNFINISHED BUSINESS
C. NEW BUSINESS
2. President's Report
Recommendation -
1. Receive and file reports regarding correspondence, meetings, and
business related to Park Vista
2. Alternatively, discuss and take other actions related to this item.
3. Financial Statements and LAIF (Local Aaencv Investment Fund
Recommendation -
1. Receive and file the status of reports including, but not limited to,
statements, invoices, and finances for May 2025.
2. Alternatively, discuss and take other action related to this item.
4. Review rates: Parking, pet, security deposit
Recommendation -
1. Review the rates and amounts, discuss, and adjust the deposits or rates
if deemed necessary.
2. Alternatively, discuss and take other action related to this item.
2
Page 2 of 24
5. Common Area Artwork Policy
Recommendation -
1. Review the public artwork policy, discuss, and adjust the policy if deemed
necessary.
2. Alternatively, discuss and take other action related to this item.
6. Annual Unit Inspection
Recommendation -
1. Appoint a board member to accompany the management staff in
conducting the annual unit inspection on each floor in PV.
2. Alternatively, discuss and take other actions related to this item.
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7. Upcomina Events
Recommendation -
1. Receive and file updates about upcoming events at the Joslyn Center
and citywide.
E. REPORTS - SENIOR CITIZENS HOUSING BOARD
A General Report From Individual Board Members
F. REPORTS - MANAGEMENT (CADMAN GROUP)
F-11 oil 16111y W,11111
POSTED:
DATE:
TIME:
BY:
3
Page 3 of 24
MINUTES OF THE MEETING
El Segundo Senior Citizen Housing Board Corporation
Wednesday,
May 28, 2025
Park Vista Senior Housing
615 E. Holly Avenue, El Segundo, CA 90245
CALL TO ORDER:
The meeting was called to order at 3:30 p.m. by Board Paul Lanyi.
ROLL CALL
Members Present: Paul Lanyi
Denise Fessenbecker
Paula Rotolo
Absent: Tim Whelan
Julia Newman
Others: Neil Cadman
Michael Allen
Venus Wesson
Agnes Ho
Paul Chung
PUBLIC COMMUNICATION. (Suggestion Box Comments)
• A second letter was received dated April 8 from Mr. and Mrs. Fisher (Apt. #110), expressing
concern about a tree that is damaging patio furniture due to falling sap and pinecones.
• A letter was submitted requesting public comments to be moved to the end of the meeting
or inserted mid -meeting to allow more residents to attend. The letter also raised concerns
about building security and unauthorized guests. Paul confirmed there is an existing public
communication policy in place.
• A letter dated May 28, 2025, requested $600 for upcoming holiday events and $1,200 for
2026 holiday expenses. Neil noted that a one-time stipend was approved last year. Paul
explained that an anniversary party is already budgeted and the requested funds cannot be
approved at this time.
• No hot water in the washing machine concern.
• Resident #310 expressed concern regarding the building's generator. Neil will address this
in his management report.
• Concerns were raised about caregivers not wearing masks; Michael confirmed that all
current county health regulations are being followed.
• Brad in #317 requested to hang artwork in the lobby. Neil recommended submitting it as a
board agenda item and noted that an existing policy requires review.
• Resident #423 provided background on his opposition to the rent increase based on limited
income.
A. CONSENT
1. APPROVAL OF MEETING MINUTES
Motion by Paula Rotolo and seconded by Denise Fessenbecker to approve the March 26, 2025,
Meeting Minutes. The motion passed 3-0.
B. UNFINISHED BUSINESS
None.
Page 4 of 24
C. NEW BUSINESS
2. President's Report (Paul Lanyi)
• Paul discussed the facility assessment covering the next 25 years and encouraged the city
to allocate $250,000 in the budget.
• Paul Chung mentioned he will present the annual budget next Tuesday, which includes the
$250,000 allocation for senior housing —consistent over the past three years.
• Paul asked the board if they are opposed to allowing 5 minutes at the beginning of our
meeting for public comments. Michael reiterated that it cannot involve any dialogue —just
public comments —and nothing that has already been deliberated.
• Paul introduced everyone to Michell Keldorf, the newly appointed council member, and
Michelle gave a brief background about herself.
• A resident asked about the unused $12,000 allocated to the anniversary party during the
pandemic. Neil will address this at the next meeting.
Receive and file: Motion carried 3-0
3. Financial Statements and LAIF (Local Agency Investment Fund). (Neil Cadman)
• Paul inquired about the reporting for March expenses, specifically the elevator service being
over budget by $6,822.02 due to the payment for new flooring. Neil stated that having both
elevator floors done cost about $8,500. Paul asked if this was a reasonable amount. Neil
stated that they received three separate bids for this.
• Paul asked about a tree maintenance expense from American Arbor Care, which Neil
confirmed was included in the March budget for liquid amber and pine trees.
• Paul inquired if an April disbursement was because a tenant moved out. Neil stated that a
refund would have been within 21 days of that date and that it covered the security deposit
refund.
• Paul last question regarding Spectrum expense for March that was received in April. Neil
stated that not his policy to hunt vendors to pay.
Receive and file: Motion carried 3-0
4. Review of the Pine Tree Removal (Cadman Group)
• Neil stated that during the April meeting, this item had been addressed. It was determined
that it is a city tree and not a Park Vista tree. Michael stated that there is a city policy in
place. Denise asked about alternatives to tree removal, but no response was provided.
5. Review of Parking Availability, Waitlist Policy, and Rate Structure (Cadman Group)
• Neil stated that he reached out to city staff to obtain more information. He provided the
parking breakdown, which includes a total of 60 parking spaces in the entire building with
no visitor spaces. This is the breakdown in each parking lot: upper -level garage — total 23
including the 2 ADA; lower -level parking — 20 spaces; behind the gate — 18 spaces; exterior
parking — 17 spaces.
• Current waitlist: 22 residents. Of those, 16 are waiting to move from exterior to interior
parking, and 2 are waiting for ADA-designated spaces
• Current parking rates: interior garage — $31.83; exterior parking — $21.22
• There were 12 parking spot turnovers in 2024; the average yearly turnover is 10
D. REPORTS — COMMUNITY DEVELOPMENT DEPARTMENT
6. Upcoming Events (Ryan Delagdo)
• Mr. Delgado stated that he has flyers for the upcoming yard sale on June 21st. He stated
that this event would be on the back patio of Park Vista.
Page 5 of 24
• Second "Senior Fit" class on Mondays and Wednesdays; sign-ups open June 2 for an
additional day.
• Strider Walking Group beach trip at 10:30 AM.
• Bob Motta was announced as the 2025 ElderFest "Flipping the Script on Aging" award
winner.
7. Park Vista Future Operation Analysis
• Michael stated that during the April 1 Council meeting, staff were directed to explore long-
term operational strategies for Park Vista. Options include sale, refinancing, or management
change, with a commitment to preserving the facility's purpose. A follow-up report will be
presented at the June 3, 2025 Council meeting.
E. REPORTS — SENIOR CITIZENS HOUSING BOARD
• None.
F. REPORTS — MANAGEMENT (CADMAN GROUP)
• The rowing machine is functional; a tenant wanted to move their personal equipment into
the exercise room.
• The city -funded ADA devices have been installed (five per floor).
• Annual cleaning of common area carports started last month.
• Tenant meeting held May 13, 2025, included a board presentation and discussions on
HUD/Section 8.
• Security reminder: residents should not leave the main entrance open or allow unverified
guests in.
• New California law (AB 2747) allows tenants to request that on -time rent payments be
reported to a credit bureau.
• Clarified that generators only power the elevators —not the full facility. Some units are
connected, but a detailed list is unavailable.
• Future discussion planned on lobby artwork policy; Neil provided background on
unapproved artwork that prompted the existing policy.
• A community member's mother in-law had recently been scammed online last couple of
months. He stated that he reached out to the police department to provide another cyber
security meeting.
ADJOURNMENT: 4:39 PM
NEXT MEETING: Wednesday, June 25, 2025
Page 6 of 24
0
CADMAN ROUP
PARK VISTA
Financial Reporting Analysis
May 2025
Gross Income: $97,539.02
Gross Expenses: $48,906.70
Expenses for the month were normal except for the following:
• Maintenance of $20,700.41. Normal operations with one large vacancy prep work and
boiler scheduled maintenance.
• No water billsl in May.
• Bank interest of $8,519.59 reported by the City for May.
Net Income: $48,632.32
Total Account Balances: $2,496,548.01
NOTE: THIS DOCUMENT IS A SUMMARYAND ANALYSIS ONLY OF THE MONTHLY FINANCIAL
STATEMENTS FOR PARK VISTA. THEYARE NOT PART OF THE ACTUAL FINANCIAL STATEMENTS FOR
PARK VISTA.
Page 7 of 24
Total number of vacancies for the month: 99.0% occupied on 5/1/2025
99.0% occupied on 5/31/2025
Move -outs: 2
Move -ins: 2
Notices to Vacate: 1
Budget Comparison Notes:
Operations: Operations for the month performed $42,344.20 over budget for May,
$202,526.78 over budget YTD.
Income
• Income for the month of May $10,454.24 over budget for May, $47,343.10 over
budget YTD.
Expenses:
• Overall expenses for May $27,537.04 under budget, $135,472.79 under budget YTD.
• Maintenance $3,882.92 under budget for May, $43,658.04 under budget YTD.
• Electricity under budget for May by $357.33, and $1,863.06 under budget YTD.
• Gas under budget by $253.24 for May and $1,329.97 over budget YTD.
• Cable Television under budget by $520.48 for May, $2,456.46 under budget YTD.
• Water performing $11,682.27 budget YTD.
• Telephone $2,518.83 under budget for May and $12,295.02 under budget YTD.
• Elevator service over budget by $4,322.02 YTD due to the final payment of the new
flooring.
NOTE: THIS DOCUMENT IS A SUMMARYAND ANALYSIS ONLY OF THE MONTHLY FINANCIAL
STATEMENTS FOR PARK VISTA. THEYARE NOT PART OF THE ACTUAL FINANCIAL STATEMENTS FOR
PARK VISTA.
Page 8 of 24
EL SEGUNDO SENIOR CITIZENS HOUSING
DEVELOPMENT CORPORATION
350 MAIN STREET, EL SEGUNDO, CA 90245
June 12, 2025
RE: Interest Income from Deposit with the City, per Agreement for Investment of Funds
Dear President:
The deposit and interest for the quarter/month ending is as follows: Q2-2025 May-25
Original
Beginning balance at March 31, 2025 $ 2,269,487.55
Accrued: Interest (Posted quarterly) $ 16,820.32
Add: Deposits
Add: Deposits
Less: Withdrawals
As of
TOTAL IN LAIF/CAMP - G/L# 504-101-0000-0004: 5/31/2025 $ 2,286,307.87
Accrued Interest (posted quarterly by the 15th day following quarter ):
Interest Earned
April @ 4.450% Actual CAMP
for 30 days
$ 8,300.73
Interest Earned
May @ 4.420% Actual CAMP
for 31 days
$ 8,519.59
Interest Earned
June @ Actual CAMP
for 30 days
$ -
Accrued Interest
quarter to date
$ 16,820.32
Interest earned is based on the interest earnings rate the City of El Segundo received from the
California Asset Management Program and the number of days the funds were held by the City
during the given period. Per the understanding reached at the September 1997 meeting of the
Board of Directors, interest will be credited to the account and compounded on a quarterly
basis. Interest shown for each month is for your information only.
If you have any questions, please do not hesitate to give me a call.
Sincerely,
Di � R. Ma*-5ofec
Dino R. Marsocci
Treasury & Customer Services Manager
Cc: Paul Chung, Chief Financial Officer
Eva Gettler, Accounting Supervisor
Michael Allen, Community Development Director
Neil Cadman, Facility Management for Park Vista
Eduardo Schonborn, Planning Manager
Venus Wesson, Sr. Admin Specialist
Agnes Ho, Administrative Analyst
PACity Treasurer\MEMOS & SIGNATURES\Senior Housing Reports\2025\SENIOR HOUSING REPORT 2025.x1s
Page 9 of 24
Income Statement
Cadman Group
Properties: Park Vista - 615 E. Holly Avenue El Segundo, CA 90245
Owned By: El Segundo Senior Citizens Housing Corporation
As of: May 2025
Accounting Basis: Cash
Level of Detail: Detail View
Include Zero Balance GL Accounts: No
Account Name Selected Month % of Selected Month
Operating Income &
Expense
Income
RENT
Rent Income
86,480.72
Parking Income
1,660.49
Passthrough Charges
0.00
Total RENT
88,141.21
Maintenance Charge
0.00
(Income Account)
Prepayment
270.63
NSF Bank Fees
25.00
Collected
Application Fee Income
20.00
Laundry Income
562.59
Total Operating Income
89,019.43
Expense
Fire Service
0.00
Maintenance
20,700.41
Elevator service
0.00
Gardening
1,303.49
Management Fees
16,500.00
Pest Control
436.80
Licenses and Permits
0.00
Electricity
1,726.00
Gas
1,413.43
Water
0.00
Telephone/Internet
231.17
Trash
0.00
Cable/Television
5,729.52
Office Supplies
186.02
Uniforms
0.00
Advertising &
562.86
Promotion
Legal Expenses
105.00
(Expense account)
Bank Service Fees
12.00
Total Operating
48,906.70
Expense
Year to Month End % of Year to Month End
97.15
429,544.72
97.59
1.87
8,306.86
1.89
0.00
0.00
0.00
99.01
437,851.58
99.47
0.00
2,089.02
0.47
0.30
-2,606.47
-0.59
0.03
50.00
0.01
0.02
20.00
0.00
0.63
2,764.92
0.63
100.00
440,169.05
100.00
0.00
765.00
0.17
23.25
79,258.65
18.01
0.00
10,572.02
2.40
1.46
7,810.35
1.77
18.54
82,500.00
18.74
0.49
1,474.74
0.34
0.00
450.00
0.10
1.94
8,553.63
1.94
1.59
9,663.32
2.20
0.00
10,817.73
2.46
0.26
1,454.98
0.33
0.00
335.83
0.08
6.44
28,793.54
6.54
0.21
1,849.71
0.42
0.00
542.00
0.12
0.63
1,475.69
0.34
0.12
405.00
0.09
0.01
54.94
24.00
246,746.19
0.01
56.06
Created on 06/13/2025 Pagep?Wdf 24
Income Statement
Account Name
NOI - Net Operating
Income
Other Income & Expense
Other Income
Interest on Bank
Accounts
Total Other Income
Net Other Income
Total Income
Total Expense
Net Income
Selected Month % of Selected Month Year to Month End % of Year to Month End
40,112.73 45.06 193,422.86 43.94
8,519.59
9.57
40,544.24
9.21
8,519.59
9.57
40,544.24
9.21
9.57
9.21
8,519.59
40,544.24
97,539.02
109.57
480,713.29
109.21
48,906.70
54.94
246,746.19
56.06
233,967.10
48,632.32
54.63
53.15
Created on 06/13/2025 PageP?gedf 24
Balance Sheet
Properties: Park Vista - 615 E. Holly Avenue El Segundo, CA 90245
As of: 05/31 /2025
Accounting Basis: Cash
Include Zero Balance GL Accounts: No
Account Name
ASSETS
Cash
Cash in Bank
Park Vista Reserve Account - LAIF
Total Cash
Tenant Account Receivable
Building Improvements
Equipment
Furnishings
Personal Property
Accumulated Depreciation
TOTAL ASSETS
Balance
210,240.14
2,286,307.87
2,496,548.01
100.00
1,031,873.00
149,355.00
153,863.00
-0.05
-850,766.00
2,980,972.96
LIABILITIES & CAPITAL
Liabilities
Security Deposit Interest
-530.00
Pet Deposit
3,925.00
Key Deposit
1,760.00
Security Deposit
78,950.00
Passthrough Cash Account
-946.00
Accounts Payable
30,698.00
Total Liabilities
113,857.00
Capital
Owner Contribution
35,996.00
Owner Distribution
-35,996.00
Retained Earnings
118,794.95
Prior Years Retained Earnings
12,696.00
Calculated Retained Earnings
233,967.10
Calculated Prior Years Retained Earnings
2,501,657.91
Total Capital
2,867,115.96
TOTAL LIABILITIES & CAPITAL
2,980,972.96
Created on 06/13/2025 Pagepf2edf 24
Bill Detail
Properties: Park Vista - 615 E. Holly Avenue El Segundo,
CA 90245
Payees: All
Payment Type: All
Created By: All
GL Accounts: All
Bill Status: All
Date Type: Bill Date
Date Range: 05/01/2025 to 05/31/2025
Show Reversed Transactions: No
Project: All
Reference Bill Date Due Date
GL Account
Property Unit
2120 - Passthrough Cash Account
05/28/2025 05/28/2025
2120 -
Park Vista - 204
Passthrough
615 E. Holly
Cash
Avenue El
Account
Segundo, CA
90245
4550 - Application Fee Income
05/05/2025 05/05/2025 4550-
Park Vista -
Application
615 E. Holly
Fee Income
Avenue El
Segundo, CA
90245
05/28/2025 05/28/2025 4550 -
Park Vista -
Application
615 E. Holly
Fee Income
Avenue El
Segundo, CA
90245
6000 - Fire Service
24617 05/27/2025 05/27/2025 6000 - Fire Park Vista -
Service 615 E. Holly
Avenue El
Segundo, CA
90245
Payee Name
McTigue,
Peter W.
Cadman
Group
Cadman
Group
F.A.S.T. Fire
Pro
Paid Unpaid Check # Paid Date Description Work Order
Issue
1,426.00
20.00
0.00 5839 05/29/2025 Peter W.
McTigue,
Park Vista -
204: Move
Out Refund
0.00 ACH
20.00 0.00 ACH
40.00 0.00
05/05/2025 Application
Fee Income
for 05/2025
06/02/2025 Application
Fee Income
for 05/2025
1,400.00 0.00 7CO2-64C0 06/11/2025 Annual fire
sprinkler
maintenance
inspection,
passed
inspection,
compliance
engine
submission
for fire
system
performance
Created on 06/13/2025
PageP? edf 24
Bill Detail
Work Order
Reference
Bill Date
Due Date
GL Account
Property Unit
Payee Name
Paid
Unpaid Check #
Paid Date
Description
Issue
tests, Title 19
annual fire
sprinkler
testing and
compliance
engine
submission,
pass.
24616
05/27/2025
05/27/2025
6000 - Fire
Park Vista -
F.A.S.T. Fire
375.00
0.00 7CO2-64C0
06/11/2025
Quarterly fire
Service
615 E. Holly
Pro
sprinkler
Avenue El
maintenance
Segundo, CA
inspection
90245
per Fire Dept.
24615
05/27/2025
05/27/2025
6000 - Fire
Park Vista -
F.A.S.T. Fire
991.73
0.00 7CO2-64C0
06/11/2025
Emergency Alarm
Service
615 E. Holly
Pro
call for fire
Avenue El
alarm going
Segundo, CA
off in
90245
elevator,
trouble shoot
valve tamper
switch,
replace
tamper
switch, tested
and left
working
properly
again.
Materials +
technician
labor.
2,766.73
0.00
6210 - Maintenance
408726
05/05/2025
05/05/2025
6210 -
Park Vista - 510
Montalvo,
250.00
0.00 DB16-8030
05/28/2025
Snaked main
Maintenance
615 E. Holly
Uriel
line for unit to
Avenue El
clear urgent
Segundo, CA
clog affecting
90245
drains.
250353
05/05/2025
05/05/2025
6210 -
Park Vista -
The Stanley
1,601.00
0.00 5158-D390
05/19/2025
Boiler
Maintenance
615 E. Holly
Louis
maintenance;
Avenue El
Company
replaced both
Segundo, CA
storage
90245
tank's anode
rods due to
condition of
current units.
Tested
system after,
Created on 06/13/2025 Pagepf4edf 24
Bill Detail
Work Order
Reference
Bill Date
Due Date
GL Account
Property Unit
Payee Name
Paid
Unpaid Check #
Paid Date
Description
Issue
running
properly.
New parts
and labor.
48453
05/07/2025
05/07/2025
6210 -
Park Vista -
Southbay
141.01
0.00 3000000599
05/19/2025
Maintenance
Maintenance
615 E. Holly
Industrial
supplies;
Avenue El
Hardware
paint roller,
Segundo, CA
clear vinyl
90245
tubing, (2) re-
screens for
windows.
48454
05/07/2025
05/07/2025
6210 -
Park Vista -
Southbay
29.59
0.00 3000000599
05/19/2025
Maintenance
Maintenance
615 E. Holly
Industrial
supplies; (3)
Avenue El
Hardware
toilet tank
Segundo, CA
flappers.
90245
48458
05/07/2025
05/07/2025
6210 -
Park Vista -
Southbay
27.42
0.00 3000000599
05/19/2025
Maintenance
Maintenance
615 E. Holly
Industrial
supplies;
Avenue El
Hardware
quick set
Segundo, CA
compound.
90245
9236809884
05/08/2025
05/08/2025
6210 -
Park Vista -
HD Supply
176.49
0.00 5837
05/13/2025
Janitor -
Maintenance
615 E. Holly
Cleaning
Avenue El
supplies.
Segundo, CA
90245
9236908408
05/12/2025
05/12/2025
6210 -
Park Vista - 108
HD Supply
952.62
0.00 5837
05/13/2025
New
Maintenance
615 E. Holly
dishwasher
Avenue El
machine.
Segundo, CA
90245
408732
05/12/2025
05/12/2025
6210 -
Park Vista - 328
Montalvo,
1,800.00
0.00 4E4A-2EC0
06/10/2025
Re -sloped
Maintenance
615 E. Holly
Uriel
balcony floor;
Avenue El
sand, add
Segundo, CA
fiber glass,
90245
add floor
texture.
Scraped and
added (2)
coats of
paint.
Cleaned and
hauled away
debris.
408740
05/12/2025
05/12/2025
6210 -
Park Vista -
Montalvo,
380.00
0.00 70AA-74C0
06/06/2025
Removed
Maintenance
615 E. Holly
Uriel
washing
Avenue El
machines,
Segundo, CA
snaked all
Created on 06/13/2025
Pagep?Fdf 24
Bill Detail
Work Order
Reference
Bill Date
Due Date
GL Account
Property Unit
Payee Name
Paid
Unpaid Check #
Paid Date
Description
Issue
90245
washing
machine
drain lines,
reinstalled
washing
machines
back.
408728
05/12/2025
05/12/2025
6210 -
Park Vista - 419
Montalvo,
350.00
0.00 70AA-74C0
06/06/2025
Repaired 5th
Maintenance
615 E. Holly
Uriel
floor patio
Avenue El
drain causing
Segundo, CA
leaking into
90245
unit.
408565
05/12/2025
05/12/2025
6210 -
Park Vista -
Montalvo,
150.00
0.00 70AA-74C0
06/06/2025
Replaced
Maintenance
615 E. Holly
Uriel
light ballast
Avenue El
for a 2nd
Segundo, CA
floor light
90245
fixture and
bulbs.
38770
05/14/2025
05/14/2025
6210 -
Park Vista -
Cadman
41.69
0.00 ACH
05/14/2025
Quill INV
Maintenance
615 E. Holly
Group
43833541 -
Avenue El
cleaning
Segundo, CA
supplies
90245
38770
05/14/2025
05/14/2025
6210 -
Park Vista -
Cadman
65.38
0.00 ACH
05/14/2025
Quill INV
Maintenance
615 E. Holly
Group
43831783 -
Avenue El
cleaning
Segundo, CA
supplies
90245
9236990804
05/14/2025
05/14/2025
6210 -
Park Vista - 320
HD Supply
96.10
0.00 5838
05/29/2025
Maintenance
Maintenance
615 E. Holly
supplies for
Avenue El
unit #320
Segundo, CA
90245
408618
05/15/2025
05/15/2025
6210 -
Park Vista -
Montalvo,
450.00
0.00 7BFC-DA00
06/11/2025
Added (2)
Maintenance
615 E. Holly
Uriel
coats of paint
Avenue El
on 50 ft. of
Segundo, CA
exterior iron
90245
fencing after
repairs were
made.
408617
05/15/2025
05/15/2025
6210 -
Park Vista -
Montalvo,
480.00
0.00 7BFC-DA00
06/11/2025
Added (2)
Maintenance
615 E. Holly
Uriel
coats of
Avenue El
primer on 50
Segundo, CA
ft. of exterior
90245
fencing after
repairs were
made.
Created on 06/13/2025
Pagep?Wdf 24
Bill Detail
Work Order
Reference
Bill Date
Due Date
GL Account
Property
Unit
Payee Name
Paid
Unpaid Check #
Paid Date
Description
Issue
9237082550
05/16/2025
05/16/2025
6210-
Park Vista -
320
HD Supply
31.74
0.00 5838
05/29/2025
Maintenance
Maintenance
615 E. Holly
supplies.
Avenue El
Segundo, CA
90245
9237135188
05/19/2025
05/19/2025
6210 -
Park Vista -
108
HD Supply
25.01
0.00 5838
05/29/2025
Maintenance
Maintenance
615 E. Holly
supplies.
Avenue El
Segundo, CA
90245
03010
05/19/2025
05/19/2025
6210 -
Park Vista -
Hernandez
3,000.00
0.00 4E4B-9E20
06/10/2025
Annual deep
Maintenance
615 E. Holly
Carpet Care
cleaning of
Avenue El
carpets of 1st
Segundo, CA
floor lobby,
90245
entry, and
office and
landing and
stairs of all
floors.
408744
05/19/2025
05/19/2025
6210 -
Park Vista -
319
Montalvo,
350.00
0.00 4E4A-2EC0
06/10/2025
Checked
Maintenance
615 E. Holly
Uriel
where leak
Avenue El
was coming
Segundo, CA
from on unit's
90245
living area
floor;
removed
carpeting and
padding,
vacuumed all
the water
from carpet.
Installed
blowers for
(2) days to
dry out.
9237160312
05/21/2025
05/21/2025
6210 -
Park Vista -
HD Supply
42.20
0.00 5838
05/29/2025
Maintenance
Maintenance
615 E. Holly
supplies for
Avenue El
the building.
Segundo, CA
90245
226068
05/22/2025
05/22/2025
6210 -
Park Vista -
Montalvo,
180.00
0.00 4E4A-2EC0
06/10/2025
Snaked
Maintenance
615 E. Holly
Uriel
kitchen sink
Avenue El
in rec room
Segundo, CA
for urgent
90245
back-up.
226064
05/22/2025
05/22/2025
6210 -
Park Vista -
Montalvo,
250.00
0.00 76FC-DA00
06/11/2025
Updated
Maintenance
615 E. Holly
Uriel
back stairway
Avenue El
ceiling lights
Created on 06/13/2025
Pagepl?e& 24
Bill Detail
Work Order
Reference
Bill Date
Due Date
GL Account
Property
Unit
Payee Name
Paid
Unpaid Check #
Paid Date
Description
Issue
Segundo, CA
to LED strip
90245
lights.
226063
05/22/2025
05/22/2025
6210 -
Park Vista -
Montalvo,
180.00
0.00 7BFC-DA00
06/11/2025
Replaced
Maintenance
615 E. Holly
Uriel
broken old
Avenue El
ceiling fan in
Segundo, CA
office with
90245
new one.
226062
05/22/2025
05/22/2025
6210 -
Park Vista -
108
Montalvo,
330.00
0.00 7BFC-DA00
06/11/2025
Updated
Maintenance
615 E. Holly
Uriel
electric
Avenue El
power to
Segundo, CA
dishwasher,
90245
re -installed
dishwasher.
226058
05/22/2025
05/22/2025
6210 -
Park Vista -
313
Montalvo,
220.00
0.00 7BFC-DA00
06/11/2025
Snaked
Maintenance
615 E. Holly
Uriel
kitchen sink
Avenue El
to main line
Segundo, CA
to clear clog
90245
causing over-
flow.
408592
05/22/2025
05/22/2025
6210 -
Park Vista -
Montalvo,
425.00
0.00 713FC-DA00
06/11/2025
Supplied and
Maintenance
615 E. Holly
Uriel
installed new
Avenue El
6"x42"
Segundo, CA
garden LED
90245
light post in
west side
garden.
9237344424
05/27/2025
05/27/2025
6210 -
Park Vista -
HD Supply
26.32
0.00 5840
06/10/2025
Maintenance
Maintenance
615 E. Holly
supplies.
Avenue El
Segundo, CA
90245
226079
05/27/2025
05/27/2025
6210 -
Park Vista -
Montalvo,
350.00
0.00 7BFC-DA00
06/11/2025
Urgent
Maintenance
615 E. Holly
Uriel
service call to
Avenue El
snake
Segundo, CA
laundry room
90245
drains to
main line
after back-up.
408736
05/27/2025
05/27/2025
6210 -
Park Vista -
419
Montalvo,
385.00
0.00 7BFC-DA00
06/11/2025
Removed all
Maintenance
615 E. Holly
Uriel
water
Avenue El
damaged
Segundo, CA
drywall of
90245
closet ceiling
and let dry.
Supplied and
installed new
drywall,
patched,
Created on 06/13/2025
PageplSe6f 24
Bill Detail
Reference Bill Date Due Date GL Account Property Unit
38798
05/28/2025
05/28/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
38798
05/28/2025
05/28/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9237366121
05/28/2025
05/28/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9237366123
05/28/2025
05/28/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
6250 - Gardening
6743 05/01/2025
05/01/2025 6250 -
Park Vista -
Gardening
615 E. Holly
Avenue El
Segundo, CA
90245
6270 - Management Fees
05/05/2025
05/05/2025 6270 -
Park Vista -
Management
615 E. Holly
Fees
Avenue El
Segundo, CA
90245
6315 - Pest Control
438951 05/07/2025
05/07/2025 6315 - Pest
Park Vista -
Control
615 E. Holly
Avenue El
Work Order
Payee Name
Paid
Unpaid Check #
Paid Date
Description
Issue
added
popcorn
texture, and
match wall
paint.
Cadman
79.88
0.00 528
05/28/2025
Quill Invoice -
Group
184426176 -
cleaning
supplies
Cadman
125.00
0.00 528
05/28/2025
IT Service -
Group
Teresa
issues with
webcam for
Fair Housing
training
HD Supply
89.75
0.00 5840
06/10/2025
Maintenance
supplies for
the building.
HD Supply
83.61
0.00 5840
06/10/2025
Maintenance
supplies -
Light bulbs
13,164.81
0.00
Octavio
1,303.49
0.00 A9A4-18D0
05/05/2025
Monthly
Rojas
Service -
Landscaping
April
Cadman
16,500.00
0.00 ACH
05/05/2025
Management
Group
Fees for 05/
2025
Terminix
86.80
0.00 3000000595
05/08/2025
Monthly
Service - May
Created on 06/13/2025
PageP Wdf 24
Bill Detail
Reference Bill Date Due Date GL Account
Property Unit
Segundo, CA
90245
24278 05/12/2025 05/12/2025 6315 - Pest
Park Vista -
Control
615 E. Holly
Avenue El
Segundo, CA
90245
24278 05/21/2025 05/21/2025 6315 - Pest
Park Vista -
Control
615 E. Holly
Avenue El
Segundo, CA
90245
6410 - Electricity
700394170456 05/16/2025
05/16/2025
6410 -
Park Vista -
Electricity
615 E. Holly
Avenue El
Segundo, CA
90245
700587779325 05/16/2025
05/16/2025
6410 -
Park Vista - 109
Electricity
615 E. Holly
Avenue El
Segundo, CA
90245
6420 - Gas
056 105 05/09/2025
05/09/2025
6420 - Gas
Park Vista -
32003
615 E. Holly
Avenue El
Segundo, CA
90245
6445 - Telephone/Internet
8448 30 006 05/27/2025
05/27/2025
6445 -
Park Vista -
0397046
Telephone/
615 E. Holly
Internet
Avenue El
Segundo, CA
90245
6455 - Cable/Television
8448 30 006 05/14/2025
05/14/2025
6455 - Cable/
Park Vista -
0017008
Television
615 E. Holly
Avenue El
Segundo, CA
Payee Name
Al & Sons
Termite and
Pest Control
Inc.
Al & Sons
Termite and
Pest Control
Inc.
Edison
Edison
SoCalGas
Spectrum
Spectrum
Paid Unpaid Check # Paid Date Description Work Order
Issue
175.00 0.00 3000000597 05/12/2025 service 3/20/
25-4/17/25
175.00 0.00 3000000602 05/21/2025 Service 4/17/
25-5/15/25
436.80 0.00
1,607.38 0.00 3000000600 05/19/2025 service 4/10/
25-5/9/25
118.62 0.00 3000000601 05/19/2025 Service 4/10/
25-5/11 /25
1,726.00 0.00
1,413.43 0.00 3000000596 05/09/2025 service 4/3/
25-5/2/25
231.17 0.00 ACH 05/27/2025 Service 5/8/
25-6/7/25
5,697.33 0.00 3000000598 05/14/2025 service 5/4/
25-6/3/25
Created on 06/13/2025
PageP2@e&f 24
Bill Detail
Reference Bill Date Due Date GL Account Property Unit Payee Name
90245
05/19/2025 05/19/2025 6455 - Cable/ Park Vista - Spectrum
Television 615 E. Holly
Avenue El
Segundo, CA
90245
7420 - Office Supplies
38770 05/14/2025 05/14/2025 7420 - Office
Park Vista -
Cadman
Supplies
615 E. Holly
Group
Avenue El
Segundo, CA
90245
38781 05/19/2025 05/19/2025 7420 - Office
Park Vista -
Cadman
Supplies
615 E. Holly
Group
Avenue El
Segundo, CA
90245
7450 - Advertising & Promotion
38781 05/19/2025 05/19/2025 7450 -
Park Vista -
Cadman
Advertising &
615 E. Holly
Group
Promotion
Avenue El
Segundo, CA
90245
7610 - Legal Expenses (Expense account)
8845 05/21/2025 05/21/2025 7610 - Legal
Park Vista -
Joseph L.
Expenses
615 E. Holly
Cruz, APC
(Expense
Avenue El
account)
Segundo, CA
90245
Total
Paid Unpaid Check # Paid Date Description Work Order
Issue
32.19 0.00 ACH 05/19/2025 Service 4/30/
29 - 5/29/25
5,729.52 0.00
28.22 0.00 ACH
157.80 0.00 ACH
186.02
562.86
105.00
45,591.83
0.00
0.00 ACH
05/14/2025 New
computer
speakers for
manager's
computer
05/19/2025 Quill INV
43982537-
coffee and
kitchen
supplies
05/19/2025 Noahs
Bagels for
tenant
quarterly
meeting
0.00 53C5-13130 05/21/2025
0.00
Created on 06/13/2025 PageP2ge(f 24
Budget - Comparative
Properties: Park Vista - 615 E.
Holly Avenue
El Segundo, CA 90245
Period Range: May 2025 to May 2025
Comparison Period Range: May 2024 to
May 2024
Additional Account Types: Asset, Cash,
Liability, Capital
Accounting Basis: Cash
Level of Detail: Detail View
Account Name Period Actual
Period Budget Period $
Variance
Period % Variance
Income
RENT
Rent Income
86,480.72
80,325.00
6,155.72
7.66%
Parking Income
1,660.49
1,654.44
6.05
0.37%
Passthrough
0.00
0.00
0.00
0.00%
Charges
Total RENT
88,141.21
81,979.44
6,161.77
7.52%
Vacancy
0.00
-4,016.25
4,016.25
100.00%
Prepayment
270.63
0.00
270.63
-
NSF Bank Fees
25.00
0.00
25.00
-
Collected
Application Fee
20.00
0.00
20.00
-
Income
Laundry Income
562.59
602.00
-39.41
-6.55%
Total Budgeted
89,019.43
78,565.19
10,454.24
13.31%
Operating Income
Expense
Fire Service
0.00
833.33
833.33
100.00%
Fire Extinguisher
0.00
83.33
83.33
100.00%
Service
Maintenance
20,700.41
24,583.33
3,882.92
15.79%
Elevator service
0.00
1,250.00
1,250.00
100.00%
Gardening
1,303.49
1,750.00
446.51
25.51 %
Management
16,500.00
16,500.00
0.00
0.00%
Fees
Pest Control
436.80
500.00
63.20
12.64%
Insurance -
0.00
2,708.33
2,708.33
100.00%
Property
Earthquake
0.00
7,916.67
7,916.67
100.00%
Insurance
Created on 06/13/2025
Comparison Comparison Comparison $ Comparison %
Actual Budget Variance Variance
78,521.50
78,690.00
-168.50
-0.21 %
1,606.15
1,622.00
-15.85
-0.98%
-30.00
0.00
-30.00
-
80,097.65
80,312.00
-214.35
-0.27%
0.00
-2,916.67
2,916.67
100.00%
-1,083.53
0.00
-1,083.53
-
0.00
0.00
0.00
0.00%
0.00
0.00
0.00
0.00%
488.75
860.00
-371.25
-43.17%
79,502.87
78,255.33
1,247.54
1.59%
0.00
833.33
833.33
100.00%
0.00
0.00
0.00
0.00%
9,593.48
17,500.00
7,906.52
45.18%
5,800.00
1,250.00
-4,550.00
-364.00%
1,204.59
1,750.00
545.41
31.17%
16,500.00
16,500.00
0.00
0.00%
339.34
500.00
160.66
32.13%
0.00
0.00
0.00
0.00%
0.00
0.00
0.00
0.00%
PageF22edf 24
Budget - Comparative
Comparison
Comparison
Comparison $
Comparison %
Account Name
Period Actual
Period Budget
Period $ Variance
Period % Variance
Actual
Budget
Variance
Variance
Licenses and
0.00
50.00
50.00
100.00%
0.00
50.00
50.00
100.00%
Permits
Electricity
1,726.00
2,083.33
357.33
17.15%
1,661.16
2,350.00
688.84
29.31%
Gas
1,413.43
1,666.67
253.24
15.19%
1,104.64
2,000.00
895.36
44.77%
Water
0.00
4,500.00
4,500.00
100.00%
0.00
4,500.00
4,500.00
100.00%
Telephone/
231.17
2,750.00
2,518.83
91.59%
204.92
2,750.00
2,545.08
92.55%
Internet
Cable/Television
5,729.52
6,250.00
520.48
8.33%
4,359.38
6,250.00
1,890.62
30.25%
Office Supplies
186.02
400.00
213.98
53.50%
751.72
400.00
-351.72
-87.93%
Advertising &
562.86
1,166.67
603.81
51.75%
0.00
450.00
450.00
100.00%
Promotion
Entertainment
0.00
416.67
416.67
100.00%
0.00
0.00
0.00
0.00%
Legal Expenses
105.00
300.00
195.00
65.00%
0.00
300.00
300.00
100.00%
(Expense
account)
Bank Service
12.00
6.25
-5.75
-92.00%
0.00
6.25
6.25
100.00%
Fees
Postage
0.00
20.83
20.83
100.00%
0.00
20.83
20.83
100.00%
Professional Fees
0.00
708.33
708.33
100.00%
0.00
625.00
625.00
100.00%
Total Budgeted
48,906.70
76,443.74
27,537.04
36.02%
41,519.23
58,035.41
16,516.18
28.46%
Operating
Expense
Total Budgeted
89,019.43
78,565.19
10,454.24
13.31%
79,502.87
78,255.33
1,247.54
1.59%
Operating Income
Total Budgeted
48,906.70
76,443.74
27,537.04
36.02%
41,519.23
58,035.41
16,516.18
28.46%
Operating Expense
NOI - Net
40,112.73
2,121.45
37,991.28
1790.82%
37,983.64
20,219.92
17,763.72
87.85%
Operating Income
Other Income
Interest on Bank
8,519.59
4,166.67
4,352.92
104.47%
5,772.76
2,500.00
3,272.76
130.91%
Accounts
Total Budgeted
8,519.59
4,166.67
4,352.92
104.47%
5,772.76
2,500.00
3,272.76
130.91%
Other Income
Net Other Income
8,519.59
4,166.67
4,352.92
104.47%
5,772.76
2,500.00
3,272.76
130.91%
Created on 06/13/2025 PageF29e6f 24
Budget - Comparative
Account Name
Period Actual
Period Budget
Period $ Variance
Period % Variance
Total Budgeted
97,539.02
82,731.86
14,807.16
17.90%
Income
Total Budgeted
48,906.70
76,443.74
27,537.04
36.02%
Expense
Net Income
48,632.32
6,288.12
42,344.20
673.40%
Cash
Cash in Bank
41,330.73
0.00
-41,330.73
—
Park Vista
8,519.59
0.00
-8,519.59
—
Reserve Account
- LAIF
Total Budgeted
49,850.32
0.00
-49,850.32
—
Cash
Liability
Pet Deposit
-200.00
0.00
-200.00
—
Key Deposit
-20.00
0.00
-20.00
—
Security Deposit
1,438.00
0.00
1,438.00
—
Passthrough
0.00
0.00
0.00
0.00%
Cash Account
Total Budgeted
1,218.00
0.00
1,218.00
—
Liability
Comparison
Comparison
Comparison $
Comparison %
Actual
Budget
Variance
Variance
85,275.63
80,755.33
4,520.30
5.60%
41,519.23
58,035.41
16,516.18
28.46%
43,756.40
22,719.92
21,036.48
92.59%
35,222.64
0.00
-35,222.64
—
5,772.76
0.00
-5,772.76
—
40,995.40
0.00
-40,995.40
—
0.00
0.00
0.00
0.00%
-20.00
0.00
-20.00
—
-2,771.00
0.00
-2,771.00
—
30.00
0.00
30.00
—
-2,761.00
0.00
-2,761.00
—
Created on 06/13/2025
PagePNedf 24