Although Mikey listed Beach Way Park LLC in his 2007 and 2008 SALN, the San Mateo County Assessor’s Office has no record of Beach Way Park LLC (Limited Liability Company) owning the Foster City property. There is also no listing of a business entity named Beach Way Park in the county assessor’s office, California Secretary of State and the U.S. Securities and Exchange Commission. The company is also not registered with the Philippine SEC.
Instead, the most recent entry on the Arroyo’s Beach Way Park on the county assessor’s database is Document No. 2008-041550 recorded in April 2008 in which Indy Mac Bank (now OneWest Bank) “reconveyed” or returned the Foster City property to Angela “by reason of the payment of the indebtedness.” She had mortgaged the house for $858,000.
SALN filing guidelines require public officials to declare property owned by their spouses.
Mikey also told Unang Hirit that the Foster City house is not for sale.
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