RANCHO VISTA - APPROVED 29 LOT FINAL MAP WITH BONDS POSTED SAN DIMAS DRIVE - OCEANSIDE, CA 16.87 Gross Acres 4 Miles to the Beach Views from all Lots 3,458-6,448 SF Average Lot Sizes 2,126, 2,357, 2,462 SF Home Sizes $800,000+ Homes ASKING PRICE: $4,350,000 OFFERS DUE FRIDAY, MARCH 1, 2019 El Camino Real Mission Ave SUBJECT PROPERTY San Dimas Dr San Ramon Dr Rancho Del Oro Rd El Camino High School N FOR ADDITIONAL INFORMATION: MATT WEAVER 760.448.2458 mweaver@lee-associates.com DRE Lic # 01367183 AL APUZZO 760.448.2442 aapuzzo@lee-associates.com DRE Lic # 01323215 Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA 92008 T: 760.929.9700 F: 760.929.9977 www.lee-associates.com
RANCHO VISTA - APPROVED 29 LOT FINAL MAP WITH BONDS POSTED SAN DIMAS DRIVE - OCEANSIDE, CA DISCLOSURE LEE & ASSOCIATES HEREBY ADVISES ALL PROSPECTIVE PURCHASERS AS FOLLOWS: The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, Lee & Associates has not and will not verify any of this information, nor has Lee & Associates conducted any investigation regarding these matters. Lee & Associates makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided. As the Buyer of real estate, it is the Buyer s responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase. This Marketing Brochure is not a substitute for your thorough due diligence investigation of this opportunity. Lee & Associates expressly denies any obligation to conduct a due diligence examination of this Property for Buyer. Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance or value of this property. The value of the property to you depends on factors that should be evaluated by you and your tax, financial, consultants and legal advisors. Buyer and Buyer s tax, financial, legal, consultants and all advisors should conduct a careful, independent investigation of any property to determine to your satisfaction the suitability of the property for your needs. Like all real estate, this property carries significant risks. Buyer and Buyer s consultants, legal and financial advisors must request and carefully review all legal and documents related to the property. Any info provided including fees and costs are not guaranteed and should be verified by Buyer. These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for conducting his/her own investigation of all matters affecting the intrinsic value of the property and the value of any potential development or use of the property. By accepting this Marketing Brochure you agree to release Lee & Associates and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property. FOR ADDITIONAL INFORMATION: MATT WEAVER 760.448.2458 mweaver@lee-associates.com DRE Lic # 01367183 AL APUZZO 760.448.2442 aapuzzo@lee-associates.com DRE Lic # 01323215 Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA 92008 T: 760.929.9700 F: 760.929.9977 www.lee-associates.com 2
RANCHO VISTA - APPROVED 29 LOT FINAL MAP WITH BONDS POSTED SAN DIMAS DRIVE - OCEANSIDE, CA PAGE CONTENT 4 AERIALS 7 LOCATION MAP 8 SITE PLANS 9 PROPERTY INFO 10 RENDERINGS/FLOOR PLANS 24 DOCUMENT LINKS 25 IMPROVEMENT COSTS & FEES 26 PROFORMA 27 MARKET INFORMATION No warranty or representation is made to the accuracy of the foregoing information. Terms of sale, lease and availability are subject to change or withdrawal without notice. FOR ADDITIONAL INFORMATION: MATT WEAVER 760.448.2458 mweaver@lee-associates.com DRE Lic # 01367183 AL APUZZO 760.448.2442 aapuzzo@lee-associates.com DRE Lic # 01323215 Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA 92008 T: 760.929.9700 F: 760.929.9977 www.lee-associates.com 3
RANCHO VISTA - APPROVED 29 LOT FINAL MAP WITH BONDS POSTED SAN DIMAS DRIVE - OCEANSIDE, CA Douglas Dr AERIALS Mission Ave San Dimas Dr Rancho Del Oro Dr SUBJECT PROPERTY San Ramon Dr El Camino Real N FOR ADDITIONAL INFORMATION: MATT WEAVER 760.448.2458 mweaver@lee-associates.com DRE Lic # 01367183 AL APUZZO 760.448.2442 aapuzzo@lee-associates.com DRE Lic # 01323215 Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA 92008 T: 760.929.9700 F: 760.929.9977 www.lee-associates.com 4
RANCHO VISTA - APPROVED 29 LOT FINAL MAP WITH BONDS POSTED SAN DIMAS DRIVE - OCEANSIDE, CA AERIALS El Camino High School Rancho Del Oro Rd San Dimas Dr San Ramon Dr SUBJECT PROPERTY Old Mission Montessori School Mission Ave Douglas Dr El Camino Real N FOR ADDITIONAL INFORMATION: MATT WEAVER 760.448.2458 mweaver@lee-associates.com DRE Lic # 01367183 AL APUZZO 760.448.2442 aapuzzo@lee-associates.com DRE Lic # 01323215 Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA 92008 T: 760.929.9700 F: 760.929.9977 www.lee-associates.com 5
RANCHO VISTA - APPROVED 29 LOT FINAL MAP WITH BONDS POSTED SAN DIMAS DRIVE - OCEANSIDE, CA AERIALS oceanside Blvd El Camino Real SUBJECT PROPERTY El Camino High School Mission Ave Old Mission Montessori School Nichols Elementary School N FOR ADDITIONAL INFORMATION: MATT WEAVER 760.448.2458 mweaver@lee-associates.com DRE Lic # 01367183 AL APUZZO 760.448.2442 aapuzzo@lee-associates.com DRE Lic # 01323215 Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA 92008 T: 760.929.9700 F: 760.929.9977 www.lee-associates.com 6
RANCHO VISTA - APPROVED 29 LOT FINAL MAP WITH BONDS POSTED SAN DIMAS DRIVE - OCEANSIDE, CA LOCATION MAP CAMP PENDLETON VISTA FALLBROOK PALOMAR MOUNTAIN OCEANSIDE SUBJECT PROPERTY CARLSBAD SAN MARCOS N ENCINITAS SOLANA BEACH DEL MAR PALOMAR AIRPORT CAL STATE SAN MARCOS ESCONDIDO POWAY El Camino Real Mission Ave San Dimas Dr San Ramon Dr Rancho Del Oro Dr SUBJECT PROPERTY FOR ADDITIONAL INFORMATION: MATT WEAVER 760.448.2458 mweaver@lee-associates.com DRE Lic # 01367183 AL APUZZO 760.448.2442 aapuzzo@lee-associates.com DRE Lic # 01323215 Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA 92008 T: 760.929.9700 F: 760.929.9977 www.lee-associates.com 7
SITE PLANS RANCHO VISTA MAP NO. 8
SITE PLANS Slope Landscaping 2,796 sf Slope Landscaping 17,589 sf Slope Landscaping 20,812 sf Slope Landscaping 10,168 sf Slope Landscaping 40,843 sf Slope Landscaping 3,175 sf Slope Landscaping 30,327 sf Slope Landscaping 17,431 sf Slope Landscaping 17,061 sf Slope Landscaping 14,057 sf Slope Landscaping 31,178 sf Slope Landscaping 61,820 sf Park Landscaping 5,030 sf Slope Landscaping 16,496 sf Park Landscaping 1,805 sf ing p ca ds an sf L 7 e op 78 Sl Park Landscaping 3,006 sf Slope Landscaping 22,890 sf Utility Take-Offs Description Park Landscaping Quantity Unit 9,841 Slope Landscaping 307,430 sf sf & ASSOCIATES, INC. 9
RANCHO VISTA - APPROVED 29 LOT FINAL MAP WITH BONDS POSTED SAN DIMAS DRIVE - OCEANSIDE, CA PROPERTY INFO Location: Jurisdiction: Located at the western terminus of San Dimas Drive, north of San Ramon Drive and west of Rancho Del Oro Road in Oceanside, CA, the property is adjacent to Highway 76. This site will provide commuters with quick, convenient access to all of San Diego County. City of Oceanside Mission Ave APN #: 160-020-55-00 Acreage: 16.87 Acres San Ramon Dr San Dimas Ave Topography: Rolling 55+: The property is restricted to 55+, however it is a strong possibility this restriction may be removed. Zoning: Lot Size: Home Sizes: Site Improvements & Fees: Affordable Lots: Entitlements: Medium Density Residential (RM-4) 3,458-6,448 SF Lots 2,126 SF 2,357 SF 2,462 SF Total $196,286 per lot (Click Here To View Breakdown) Zero Approved tentative map and final map ready to record for 29 lots. All improvement plans, final engineering and mitigation are complete. Bonds have been paid for and posted. A buyer simply has to pay to record the map and pay for a grading permit. School District: Oceanside Unified School District San Luis Rey Elementary - 745 API King Middle School - 847 API El Camino High School - 795 API Services: Water/sewer City of Oceanside Gas/Electricity SDG&E Fire Oceanside Fire Dept. Police Oceanside Police Dept. Asking Price: $4,350,000 OFFERS DUE FRIDAY, MARCH 1, 2019 FOR ADDITIONAL INFORMATION: MATT WEAVER 760.448.2458 mweaver@lee-associates.com DRE Lic # 01367183 AL APUZZO 760.448.2442 aapuzzo@lee-associates.com DRE Lic # 01323215 Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA 92008 T: 760.929.9700 F: 760.929.9977 www.lee-associates.com 10
RENDERINGS/FLOOR PLANS 35'-0" (7) Plan 1 footprint 2,000 s.f. Target 53'-0" 35'-0" (11) Plan 2 footprint 2,400 s.f. Target 55'-0" 54 35'-0" (11) Plan 3 footprint 2,600 s.f. Target 59'-0" plotting reference RANCHO VISTA oceanside, california #17091 07/31/18 dave thomas
RENDERINGS/FLOOR PLANS 35'-0" MBR 13'-0" x 13'-0" Grt rm 21'-0" x 14'-11" MBa br 2 br 3 12'-5" x 11'-10" 12'-5" x 11'-10" wic kit 53'-0" bonus 20'-4" x 19'-0" gar 20'-4" x 20'-4" pdr lau 879 s.f. Plan 1 plan 1 3 br, 2.5 ba + bonus 2,126 s.f. RANCHO VISTA oceanside, california 1,247 s.f. #17091 07/31/18 dave thomas
RENDERINGS/FLOOR PLANS plan 1 A farmhouse elevation RANCHO VISTA oceanside, california #17091 07/31/18 dave thomas
RENDERINGS/FLOOR PLANS plan 1 B beach cottage elevation RANCHO VISTA oceanside, california #17091 07/31/18 dave thomas
RENDERINGS/FLOOR PLANS plan 1 C Craftsman elevation RANCHO VISTA oceanside, california #17091 07/31/18 dave thomas
RENDERINGS/FLOOR PLANS 35'-0" ba 3 wic br 3 12'-8" x 12'-5" MBR 13'-0" x 12'-5" Grt rm 21'-0" x 16'-7" ba 2 MBa bonus 22'-6" x 25'-7" wic wic kit 54 53'-0" br 2 11'-7" x 11'-2" gar 20'-4" x 20'-4" lau 1,158 s.f. pdr Plan 2 plan 2 3 br, 3 ba + bonus 2,357 s.f. RANCHO VISTA oceanside, california 1,199 s.f. #17091 07/31/18 dave thomas
RENDERINGS/FLOOR PLANS plan 2 A farmhouse elevation RANCHO VISTA oceanside, california #17091 07/31/18 dave thomas
RENDERINGS/FLOOR PLANS plan 2 B beach cottage elevation RANCHO VISTA oceanside, california #17091 07/31/18 dave thomas
RENDERINGS/FLOOR PLANS plan 2 C craftsman elevation RANCHO VISTA oceanside, california #17091 07/31/18 dave thomas
RENDERINGS/FLOOR PLANS 35'-0" MBR 13'-0" x 15'-0" wic Mbr 2 13'-0" x 15'-0" open to below Grt rm 21'-0" x 15'-0" MBa MBa 2 bonus 17'-4" x 10'-7" lau kit 53'-0" 59-0 Entry wic Idea ba 4 gar 20'-5" x 20'-5" ba 2 br 4 12'-0" x 10'-6" br 2 12'-0" x 10'-6" 1,150 s.f. plan Plan 3 3 4 br, 4 ba 2,600 + bonus/idea s.f. Target 4 BR, 4 Ba+ Bonus 2,462 s.f. / Idea 2,463 s.f. RANCHO VISTA oceanside, california 1,313 s.f. #17091 07/31/18 dave thomas
RENDERINGS/FLOOR PLANS plan 3 A farmhouse elevation RANCHO VISTA oceanside, california #17091 07/31/18 dave thomas
RENDERINGS/FLOOR PLANS plan 3 B beach cottage elevation RANCHO VISTA oceanside, california #17091 07/31/18 dave thomas
RENDERINGS/FLOOR PLANS plan 3 c craftsman elevation RANCHO VISTA oceanside, california #17091 07/31/18 dave thomas
RANCHO VISTA - APPROVED 29 LOT FINAL MAP WITH BONDS POSTED SAN DIMAS DRIVE - OCEANSIDE, CA DOCUMENT LINKS CLICK TO VIEW DOCUMENT LINKS CONDITIONS OF APPROVAL EROSION CONTROL PLANS ENVIRONMENTAL IMPACT REPORT IMPROVEMENT PLANS RESOLUTION 2004-P41 ROUGH GRADING PLANS TENTATIVE MAP TENTATIVE MAP AMENDMENT PRELIMINARY GRADING/GEOSOILS FINAL GRADING/GEOTECH INFORMATION EARTHWORK VOLUME ANALYSIS TAKE OFFS FOR ADDITIONAL INFORMATION: MATT WEAVER 760.448.2458 mweaver@lee-associates.com DRE Lic # 01367183 AL APUZZO 760.448.2442 aapuzzo@lee-associates.com DRE Lic # 01323215 Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA 92008 T: 760.929.9700 F: 760.929.9977 www.lee-associates.com 24
RANCHO VISTA - APPROVED 29 LOT FINAL MAP WITH BONDS POSTED SAN DIMAS DRIVE - OCEANSIDE, CA CLICK HERE TO VIEW ALL COSTS & FEES SUMMARY OF COSTS IMPROVEMENT COSTS & FEES CONSTRUCTION ITEMS AMOUNT PER DU ROUGH GRADE / DEMOLITION... ### $1,595,083.41 $55,002.88 EROSION CONTROL... ### $141,351.76 $4,874.20 STORM DRAINAGE... ### $459,781.72 $15,854.54 SANITARY SEWER... ### $252,555.00 $8,708.79 DOMESTIC WATER...### $225,070.00 $7,761.03 STREET IMPROVEMENTS... ### $226,296.62 $7,803.33 STREET LIGHTS...### $16,500.00 $568.97 DRY UTILITIES... ### $145,000.00 $5,000.00 LANDSCAPING & IRRIGATION... ### $475,453.80 $16,394.96 WALLS, FENCING & MONUMENTATION... ### $64,000.00 $2,206.90 ========== ========== SUB-TOTAL, CONSTRUCTION COSTS... ### $3,601,092.31 $124,175.60 CONTINGENCY... 0% $0.00 $0.00 ========== ========== TOTAL, CONSTRUCTION COSTS... ### $3,601,092.31 $124,175.60 SERVICES & FEES CONSULTING SERVICES... ### $165,600.11 $5,710.35 BONDS... ### $55,087.11 $1,899.56 PERMIT, PLAN CHECK AND INSPECTION FEES... ### $123,258.94 $4,250.31 ### ========== ========== SUB-TOTAL, SERVICES & FEES...### $343,946.16 $11,860.21 CONTINGENCY... 0% $0.00 $0.00 ========== ========== TOTAL, SERVICES & FEES... ### $343,946.16 $11,860.21 IMPACT FEES...### $1,747,262.00 $60,250.41 ========== ========== SUB-TOTAL, IMPACT FEES...### $1,747,262.00 $60,250.41 TOTAL... $5,692,300.47 $196,286.22 FOR ADDITIONAL INFORMATION: MATT WEAVER 760.448.2458 mweaver@lee-associates.com DRE Lic # 01367183 AL APUZZO 760.448.2442 aapuzzo@lee-associates.com DRE Lic # 01323215 Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA 92008 T: 760.929.9700 F: 760.929.9977 www.lee-associates.com 25
RANCHO VISTA - APPROVED 29 LOT FINAL MAP WITH BONDS POSTED SAN DIMAS DRIVE - OCEANSIDE, CA Rancho Vista Homes 2019 Oceanside, CA PROFORMA Finance UNLEVERED PROFIT ANALYSIS 29 Lots REVENUE Description Total Per Lot PLAN 1, 2 and 3 23,925,000 825,000 OPTIONS/UPGRADES 290,000 10,000 TOTAL REVENUE 24,215,000 835,000 EXPENSE Description Total Per Lot LAND 4,350,000 150,000 LOT DEVELOPMENT 5,691,975 196,275 FINAL MAP 14,500 500 DIRECT CONSTRUCTION 5,220,000 180,000 29 CONTINGENCY 406,000 14,000 Avrg. Home: 2,400 SF OPTION COSTS 145,000 5,000 INDIRECT CONSTRUCTION 1,595,000 55,000 IMPACT FEES *See Lot Development (Included) LEGAL 25,000 862 INSURANCE 145,000 5,000 ARCHITECTURE 120,000 4,137 MARKETING 120,843 4,167 TOTAL EXPENSE 17,833,318 614,941 GROSS PROFIT 6,381,682 220,058 Less: Commissions 291,600 10,034 Closing Costs 117,450 4,050 NET PROFIT 5,972,632 205,953 FOR ADDITIONAL INFORMATION: MATT WEAVER 760.448.2458 mweaver@lee-associates.com DRE Lic # 01367183 AL APUZZO 760.448.2442 aapuzzo@lee-associates.com DRE Lic # 01323215 Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA 92008 T: 760.929.9700 F: 760.929.9977 www.lee-associates.com 26
RANCHO VISTA - APPROVED 29 LOT FINAL MAP WITH BONDS POSTED SAN DIMAS DRIVE - OCEANSIDE, CA MARKET INFORMATION NEW HOME SALES COMPARABLES Project Builder Master Open Product Typical Lot Min Unit Max Unit Min Max Price Name Name City Plan Date Type Lot Size Dimension Size Size Price Price PSF Altura at Pacific Ridge Cornerstone Communities Oceanside - 3/30/2018 Detached - - 1,771 2,021 $634,990 $659,990 $266-$284 Francia at Mission Lane Beazer Homes Oceanside - 7/29/2017 Detached 50x80 50 2,348 2,665 $667,990 $710,490 $326-$358 FOR ADDITIONAL INFORMATION: MATT WEAVER 760.448.2458 mweaver@lee-associates.com DRE Lic # 01367183 AL APUZZO 760.448.2442 aapuzzo@lee-associates.com DRE Lic # 01323215 Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA 92008 T: 760.929.9700 F: 760.929.9977 www.lee-associates.com 27
RANCHO VISTA - APPROVED 29 LOT FINAL MAP WITH BONDS POSTED SAN DIMAS DRIVE - OCEANSIDE, CA For More Information, Please Contact: MATT WEAVER 760.448.2458 mweaver@lee-associates.com DRE Lic#01367183 AL APUZZO 760.448.2442 aapuzzo@lee-associates.com DRE Lic#01323215 All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein. Lee & Associates-North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA 92008 T: 760.929.9700 F: 760.929.9977 www.lee-associates.com