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
[email protected] Lic # 01323215
ALSO AVAILABLE
2
568 CROUCH STREET - OCEANSIDE, CA
POTENTIAL 10+ LOT RESIDENTIAL DEVELOPMENT OPPORTUNITY | 2.8 ACRES
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
[email protected] Lic # 01323215
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
568 CROUCH STREET - OCEANSIDE, CA
POTENTIAL 10+ LOT RESIDENTIAL DEVELOPMENT OPPORTUNITY | 2.8 ACRES
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
[email protected] Lic # 01323215
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
568 CROUCH STREET - OCEANSIDE, CA
POTENTIAL 10+ LOT RESIDENTIAL DEVELOPMENT OPPORTUNITY | 2.8 ACRES
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
[email protected] Lic # 01323215
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
568 CROUCH STREET - OCEANSIDE, CA
POTENTIAL 10+ LOT RESIDENTIAL DEVELOPMENT OPPORTUNITY | 2.8 ACRES
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
[email protected] Lic # 01323215
AER
IALS
S/W
SUBJECTPROPERTY
ALSOAVAILABLE
N
Canyon Dr
Crou
ch S
t
Ocean
side BlvdCa
nyon
Lod
ge P
l
6
568 CROUCH STREET - OCEANSIDE, CA
POTENTIAL 10+ LOT RESIDENTIAL DEVELOPMENT OPPORTUNITY | 2.8 ACRES
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
[email protected] Lic # 01323215
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
568 CROUCH STREET - OCEANSIDE, CA
POTENTIAL 10+ LOT RESIDENTIAL DEVELOPMENT OPPORTUNITY | 2.8 ACRES
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
[email protected] Lic # 01323215
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
8
568 CROUCH STREET - OCEANSIDE, CA
POTENTIAL 10+ LOT RESIDENTIAL DEVELOPMENT OPPORTUNITY | 2.8 ACRES
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
[email protected] Lic # 01323215
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
568 CROUCH STREET - OCEANSIDE, CA
POTENTIAL 10+ LOT RESIDENTIAL DEVELOPMENT OPPORTUNITY | 2.8 ACRES
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
[email protected] Lic # 01323215
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.
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568 CROUCH STREET - OCEANSIDE, CA
POTENTIAL 10+ LOT RESIDENTIAL DEVELOPMENT OPPORTUNITY | 2.8 ACRES
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
[email protected] Lic # 01323215
PRO
POSE
D T
ENTA
TIVE
MA
P
10
11
568 CROUCH STREET - OCEANSIDE, CA
POTENTIAL 10+ LOT RESIDENTIAL DEVELOPMENT OPPORTUNITY | 2.8 ACRES
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
[email protected] Lic # 01323215
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
568 CROUCH STREET - OCEANSIDE, CA
AL APUZZO760.448.2442
[email protected] Lic#01323215
MATT WEAVER760.448.2458
[email protected] Lic#01367183
For More Information, Please Contact:
POTENTIAL 10+ LOT RESIDENTIAL DEVELOPMENT OPPORTUNITY | 2.8 ACRES
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