POTENTIAL 10+ LOT RESIDENTIAL DEVELOPMENT … · 2016. 8. 17. · POTENTIAL 10+ LOT RESIDENTIAL...

POTENTIAL 10+ LOT RESIDENTIAL DEVELOPMENT OPPORTUNITY | 2.8 ACRES568 CROUCH STREET - OCEANSIDE, CA

N

S. Coast Hwy

Lincoln MiddleSchool

Crouch StStation

Ron OrtegaRecreation Park

Centre CityGolf Course

Palmquist Elementary School

SUBJECTPROPERTY

Canyon Dr

Crouch St

• Zoned RS (3.6 - 5.9 DU/Acre)• 6,000 SF Minimum Lot Size• 2 Existing Single Family Homes - Potential Rent

$4,600+/month• Walking Distance to Sprinter Station• Owner Will Give Buyer Time to Entitle Property• 2 Final Map Lots & 4 Lots Near TM also Available

at 571 Crouch Street

SALE PRICE: $1,275,000Oceanside Blvd

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

MATT WEAVER760.448.2458

[email protected] Lic # 01367183

AL APUZZO760.448.2442


ALSO AVAILABLE

2

568 CROUCH STREET - OCEANSIDE, CA

POTENTIAL 10+ LOT RESIDENTIAL DEVELOPMENT OPPORTUNITY | 2.8 ACRES




AL APUZZO760.448.2442


PAGE CONTENT

3 EXECUTIVE SUMMARY

4 AERIALS

6 LOCATION MAP

7 PROPERTY INFO

8 DEVELOPMENT IMPACT FEES

9 PROPOSED TENTATIVE MAP

10 PLAT MAP

11 COMPARABLE HOME SALES

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.

3






AL APUZZO760.448.2442


EXEC

UTIV

E SU

MM

ARY

Oceanside is a classic California beach community located in North County San Diego bordered by Camp Pendleton to the north and Carlsbad to the South. Bisected by Interstate 5 and Highway 78, Oceanside provides residents and business easy access to all major Southern California destinations while maintaining its coastal beach-town feel. With over 170,000 residents, Oceanside is the 3rd largest city in San Diego County.

The City of Oceanside has made job growth and economic development a top priority, creating a business-friendly environment and assisting business owners and developers with projects that generate new business and raise the awareness of Oceanside. Oceanside’s top industries include manufacturing, distribution, tourism, and, more recently, biotech. Major companies like Coca-Cola, Fed-Ex, Genentech Pharmaceuticals, and Gilead Sciences have established or are building facilities in Oceanside. Strategically positioned, Oceanside continues to grow at a steady rate and is home to approximately 6,200 businesses with over 58,000 employees.

With a robust business environment and a constrained supply of developable land, Oceanside is well-positioned to experience a re-development that will revolutionize both the commercial and residential sectors.

4






AL APUZZO760.448.2442


AER

IALS

N

S. Coast Hwy

Oceanside Blvd

Lincoln MiddleSchool

Oceanside HighSchool

Oceanside Museum of Art

Ron OrtegaRecreation Park

Palmquist Elementary School

SUBJECTPROPERTY

Mission Ave

Canyon DrCrouch St

Centre CityGolf Course

Crouch StStation

ALSO AVAILABLE

5






AL APUZZO760.448.2442


AER

IALS

S/W

SUBJECTPROPERTY

ALSOAVAILABLE

N

Canyon Dr

Crou

ch S

t

Ocean

side BlvdCa

nyon

Lod

ge P

l

6






AL APUZZO760.448.2442


LOC

ATIO

N M

AP

DEL MAR

SOLANA BEACH

ENCINITAS

CARLSBAD

OCEANSIDE

CAMP PENDLETON

VISTA

SAN MARCOS

ESCONDIDO

POWAY

PALOMAR MOUNTAIN

PALOMAR AIRPORT

CAL STATESAN MARCOS

N

FALLBROOK

SAN DIEGO COUTNRY ESTATES

78

SUBJECT PROPERTY

SUBJECT PROPERTY

Oceanside Blvd

Grandview St

Canyon Dr

Crouch St

GOAT HILLPARK

7






AL APUZZO760.448.2442


LOCATION:

Jurisdiction: City of Oceanside

APN: 149-350-35 & 36

House #1: 1,944 SF – 2 Bd/2 Ba (Owner occupied - would rent for $3,000/month)

House #2: 1,320 SF – Granny Flat + Garage (Renting for $1,600/month)

Acreage: 2.8 Acres

Zoning: RS (Single Family Residential) CLICK HERE TO VIEW ZONING & DEVELOPMENT STANDARDS

Density: 3.6 – 5.9 DU/AC (Base Density 10 lots/Max Density 16 lots)

Min. Lot Size: 6,000 SF

Topography: Gently Rolling

Impact Fees: Approximately $44,452 per unit

Project Status:

PRICE: $1,275,000

PRO

JEC

T IN

FO

PROPERTY FEATURES

The subject property is located at 568 Crouch Street in the City of Oceanside, County of San Diego. Near local beaches, parks, Center City Golf Course, and the Sprinter Station, this site is a well located infill project that provides immediate access to Oceanside Blvd. and close proximity to Interstate 5.

The property is currently unentitled, with 2 existing rentable homes. The previous owner was a developer who had a proposed 10 lot TM ready to submit prior to foreclosure.

School District: Oceanside Unified School District • Palmquist Elementary - 762 API • Lincoln Middle School - 836 API • Oceanside High School - 763 API

Services: Water/Sewer City of Oceanside Gas/Electricity City of Oceanside Fire Oceanside Fire Dept. Police Oceanside Police Dept.

SUBJECTPROPERTY

Crouch St

Oceanside Blvd

Crouch StreetSprinter Station

ALSOAVAILABLE

http://www.lee-associates.com/elee/sandiego/LeeLandTeam/568CrouchStreet/ZoningAndDevelopmentStandards.pdf

8






AL APUZZO760.448.2442


DEV

ELO

PMEN

T IM

PAC

T FE

ES

Amount$7,040$4,431$8,520

SDCWA Capacity Fee $4,963$7,794$5,655$199

$3,230$2,621

$44,452

* Assumes 10 lot subdivision, would be reduced by higher lot count** Assumes 10 trips per day for Single Family Residences

Development Impact Fee Schedule Notes:

TOTAL PER SFD

Traffic Signal/Transportation Fees ($19.87/trip) **

Per Approximate 2,200 SF Single Family ResidenceEstimated Development Impact Fees

ItemSchool Fees ($3.20/SF)Park FeesWater System Capacity Buy-In Fee (3/4" Meters)

Wastewater Capacity Buy-in FeeDrainage and Flood Control Fees - Zone II-a ($20,195/Acre)*

Public Facility FeesThoroughfare Fee

9






AL APUZZO760.448.2442


PLAT

MA

P

Tax Map Crouch St, Oceanside, CA 92054

Tax Map Crouch St, Oceanside, CA 92054 5/14/2015 Page 1 (of 1)

This report is only for the myFirstAm user who applied for it. No one else can rely on it. As a myFirstAm user, you already agreed to our disclaimer regarding third party propertyinformation accuracy. You can view it here: www.myfirstam.com/Security/ShowEULA. ©2005-2015 First American Financial Corporation and/or its affiliates. All rights reserved.

10






AL APUZZO760.448.2442


PRO

POSE

D T

ENTA

TIVE

MA

P

10

11






AL APUZZO760.448.2442


CO

MPA

RAB

LE H

OM

E SA

LES

11

Information Provided Courtesy Of: Search Criteria

BRE Lic#: CAPatrick Miller

00296599Agent: 760-929-9700

Lee & Associates - Office: 760-929-9700

Information is not guaranteed. Copyright 2001 - 2016 SANDICOR,

Class=RE AND Close of EscrowDate=04/26/2015-06/06/2079AND County=SanDiego ANDEstSF>=1500 AND YrBlt>=1980AND Map=Radius ANDStatus=SOLD AND Type=DET04/25/2016 03:24 PM

CMA Summary Report

RESIDENTIAL Summary Statistics

High Low Average MedianLP:$820,000 $459,000 $608,112 $548,000SP:$760,000 $475,000 $598,549 $546,750

RESIDENTIAL - Sold Number of Properties: 8

Num MLS # Status Style FllAdd ZipArea Beds TotB COEDate LotSFApx EstSF DOM LP $/EstSF SP $/EstSF

1 150013363 SOLD DET 2875 Cottingham OCEANSIDE (92054) 4 3 5/1/2015 6,000 2,174 13 $485,000 $223.09 $475,000 $218.49

2 150064595 SOLD DET 451 Compass OCEANSIDE (92054) 4 2 1/19/2016 6,287 1,672 13 $459,000 $274.52 $475,000 $284.09

3 150020944 SOLD DET 223 TODD COURT OCEANSIDE (92054) 4 3 5/29/2015 8,712 2,094 10 $547,000 $261.22 $525,000 $250.72

4 150053707 SOLD DET 2014 Rue De LaMontagne

OCEANSIDE (92054) 3 3 2/16/2016 1,898 110 $540,000 $284.51 $542,500 $285.83

5 150016890 SOLD DET 1336 Knoll OCEANSIDE (92054) 3 2 8/5/2015 7,849 1,539 80 $549,000 $356.73 $551,000 $358.02

6 150051218 SOLD DET 111 Parnassus OCEANSIDE (92054) 4 3 10/23/2015 10,900 2,400 7 $715,000 $297.92 $715,000 $297.92

7 150062367 SOLD DET 1751 Woodbine Pl OCEANSIDE (92054) 4 2 1/29/2016 2,600 10 $749,900 $288.42 $744,895 $286.50

8 150052497 SOLD DET 1953 fire mountain driveOCEANSIDE (92054) 5 5 3/30/2016 3,280 148 $820,000 $250.00 $760,000 $231.71

Avg 3 2 7949 2207 48 $608,113 $279.55 $598,549 $276.66

Min 3 2 6000 1539 7 $459,000 $223.09 $475,000 $218.49

Max 5 5 10900 3280 148 $820,000 $356.73 $760,000 $358.02

Med 4 3 7849 2134 13 $548,000 $279.52 $546,750 $284.96

Project Builder City Open Date Type Lot SizeMin. Unit Size sq ft

Max. Unit Size

sq ft Min. Price Max. PriceMin. Price

/sq ftMax. Price /

sq ft

Total Units

Planned

Total Units Sold

Total Units Remaining

Average Sales Rate Zip

Dixie Village Hallmark Communities Oceanside 10/25/2014 Detached 2800 2169 2471 $473,900 $490,000 $198.30 $218.49 35 34 1 2.08 92054Laurel Pointe Pulte Homes Vista 2/8/2014 Detached 7500 2582 3576 $604,990 $692,990 $193.79 $234.31 159 145 14 5.71 92083Serra Shea Homes Vista 8/1/2015 Detached 2900 1754 2012 $457,900 $493,900 $245.48 $261.06 73 23 50 2.88 92084

OCEANSIDE RESALES

COMPARABLE NEW HOME SALES

12Lee & 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


AL APUZZO760.448.2442

[email protected] Lic#01323215


[email protected] Lic#01367183

For More Information, Please Contact:


POTENTIAL 10+ LOT RESIDENTIAL DEVELOPMENT … · 2016. 8. 17. · POTENTIAL 10+ LOT RESIDENTIAL...

Documents

Transcript of POTENTIAL 10+ LOT RESIDENTIAL DEVELOPMENT … · 2016. 8. 17. · POTENTIAL 10+ LOT RESIDENTIAL...