9.7 acres, apn: 3219-009-005

ACEQ INVESTMENT Inc.
Property Offering:
Approximately 9.70 Acres
In the Vicinity of
80th Street West & Avenue F
In Los Angeles County
APN: 3219-009-005
ACEQ INVESTMENT INC.
Subject: Vicinity of 80th Street West & Avenue F – APN: 3219-009-005
The Antelope Valley
The Antelope Valley expands over two counties, Los Angeles and Kern County. It’s surrounded by the Sierras to the north
and the San Gabriel Mountains to the south, Antelope Valley is located northeast of the city of Los Angeles and covers the
northern portion of Los Angeles County and the southeastern portion of Kern County. The Valley covers an area of
approximately 3,000 square miles, about the size of Connecticut, and has a population of 446,342 and is expected to reach
780,504 by 2020 (GAVEA Economic Roundtable Report, 2007). This desert landscape, dotted with sage and dense groves
of Joshua trees, is home to four incorporated cities – Lancaster and Palmdale in Los Angeles County, and Tehachapi and
California City in Kern County – as well as several smaller unincorporated areas like Del Sur, Lake Los Angeles, Lake
Hughes, Leona Valley, Littlerock, Pearblossom, Quartz Hill, Sun Village, and Rosamond. And these cities are growing.
Based on US Census data, from 2000 to 2007, the population of Lancaster grew from 118,718 to 143,818, and the
population of Palmdale grew from 116,670 to 145,468.
The Valley is connected by a network of highways and roads. Freeway 14, heading north-south, connects California
City in the north with Lancaster and Palmdale in the south and leads over the San Gabriel Mountains to Los
Angeles. Highway 138, heading east-west, connects Interstate-5 on the western edge of the Valley with Victorville
in San Bernardino County in the east. Smaller streets exist or are planned to be built every one -mile with streets
running east-west lettered alphabetically and streets running north-south numbered chronologically. In addition to
driving, there is a local bus service (Antelope Valley Transit Authority) and several airports – Fox Field Airport and
L.A./Palmdale Regional Airport located in Lancaster and Palmdale, respectively. And, just approved by California
voters, by 2030, a high speed train will connect Lancaster and Palmdale with the San Francisco Bay Area and the
city of Los Angeles.
The earliest employment opportunities in the Valley were farming related but are now focused largely around
aerospace. Edwards AFB was established in 1933 and was the site of many important aeronautical accomplishments
like the first flight to break the sound barrier. Later in 1952, Plant 42 was built in northeast Palmdale and is home to
Lockheed Martin, Boeing, Northrop Grumman, and BAE Systems, among other aerospace-related companies. As
people have moved to the Valley to work for the growing aerospace industry, housing tracts were built in the middle
of the Valley, pushing most farming operations farther to the west and east. The growing population has fueled the
growth of service industry jobs and shopping, cultural, and business centers. Palmdale’s Antelope Valley Mall is a
main attraction as are several golf courses, parks, and museums. Antelope Valley is positioned at the c enter of
growth with its abundance of land, efficient transportation, proximity to major cities, and home to its own growing
industries
Data shown is obtained from sources deemed reliable. It has not been verified and its accuracy is not guaranteed by the source, ACEQ INVESTMENT
INC., its representatives and Brokers/Agents. Photo provided without verification, may not represent current conditions. Date and origin of photo are not
available. Map is not to scale and locations are approximate. ACEQ INVESTMENT INC. reserves the right to correct any unintended errors or omissions.
ACEQ INVESTMENT INC.
Subject: Vicinity of 80th Street West & Avenue F – APN: 3219-009-005
In the Antelope Valley, the growing population has fueled the growth of service industry jobs and shopping, cultural and
business centers. It is a pro-business environment. It is considered as one of the largest consumer of energy in the world,
making it an ideal location for renewable energy manufacturers.
Retail is anchored by the Antelope Valley Mall in Palmdale and the Power Center in Lancaster. Home Depot,
Best Buy, Costco, Staples, Macy’s, Harris, Sears, Circuit City, Target, Wal-Mart, and K-Mart are a few that have invested.
Rite Aid and Michael's have huge warehouses at Fox Field, creating massive distribution centers for their respective
product lines. Major auto dealers are located in the Auto Malls of Lancaster & Palmdale and considered to be the
largest in the region.
For a higher education, the Antelope Valley has several options. The University of Antelope Valley, California
State Polytechnic University, California Institute of Technology, California State Polytechnic University, Devry
University, Pepperdine University’s Graziadio School of Business and Management, Purdue University College of
Engineering, University of Phoenix and West Coast Baptist College are all located locally.
Developers building new homes in the Antelope Valley include U.S. Home, Beazer, Harris, Kaufman & Broad,
Rancho Vista Development, Barratt Homes, Inco Homes, Granite Homes, & David Spiegel & Assoc. KB Home in its
Alamosa community began construction on a new earth-friendly prototype home in late March 2010. They have
utilized BYD’s solar, battery, LED Lighting systems and an electric vehicle outlet.
The Antelope Valley’s local parks include the Marie Kerr Park, Best of the West Softball Complex and Palmdale
Amphitheater. The Pelona Vista Park, Palmdale's largest park, offers multiple soccer and baseball fields on 73 acres. Golf
courses include the public 9-hole Desert Aire Golf Course, the 18 hole Rancho Vista and the private Antelope Valley
Country Club. Also included is the Clear Channel Stadium, Antelope Valley Fairgrounds, Oasis Recreation Center and Dry
Town Water Park. LA/Palmdale Regional Airport is located in Lancaster and Palmdale, the heart of Antelope Valley. It
is home to two military bases, Edwards Air Force Base and China Lake Naval Reserve, the Mojave Air & Spaceport, and
many supporting aerospace companies. It is the world leader in aerospace since the 1950’s. Boeing, Lockheed-Martin,
Northrop-Grumman, Rockwell, BAE Systems, and even Lockheed's top secret Skunk Works are all located in Palmdale.
Chuck Yeager broke the sound barrier at Edwards Air Force Base in
the late 1940's. The B-1 and B-2 bombers were both built in Palmdale, as well as the first Space Shuttle in the 1980's. The
X-33, the next generation space shuttle, is currently being developed.
Data shown is obtained from sources deemed reliable. It has not been verified and its accuracy is not guaranteed by the source, ACEQ INVESTMENT
INC., its representatives and Brokers/Agents. Photo provided without verification, may not represent current conditions. Date and origin of photo are not
available. Map is not to scale and locations are approximate. ACEQ INVESTMENT INC. reserves the right to correct any unintended errors or omissions.
ACEQ INVESTMENT INC.
Subject: Vicinity of 80th Street West & Avenue F – APN: 3219-009-005
____
APN
Vicinity
3219-009-005
80th Street West and Avenue F
(According to Assessor Map)
Los Angeles County - Antelope Acres
Area
Lancaster
Zoning
LCA11
Gross Acres
10.00
Net Acres
9.70
Price per Gross Acre $12,000.00
Price per Net Acre
$12,371.12
Total Price
$120,000.00
Units
4
Price per Unit
$30,000.00
Features
___
Parcel is flat topography, and fronts to Avenue F, an east-west paved road. The parcel is approximate 500 feet from 80th
West Street, a north-south paved street, a future 100' wide major thoroughfare road per Los Angeles County General Plan.
Many homes are cross street from the parcel. Water and electricity are available at Avenue F. Located in the sphere of
influence of Lancaster, approximately one mile west from the city limits. Property is located approximately two miles south
from paved Avenue D (Hwy 138). The parcel is situated less than 2 miles west of Fox Field Enterprise Zone approximately 8,000 acres of planned industrial park. The area is being promoted for large-scale industrial development,
and the General Plan has zoned it as light industrial. Fox-Field Airport is located from 40th Street West to 60th Street West
between Avenue F and Avenue G.
Located in a bond assessment district for Los Angeles County Regional Park and Open Space. The bonds are used
to finance the acquisition and construction of certain public facilities benefiting the properties in the district.
Additional Costs Estimates - According to Los Angeles County Assessor
Estimated Property Tax (1.25%)
$1143.75 Annual estimate, taxes due in two installments for term of ownership - http://ttc.lacounty.gov
Additional costs are estimates only and are subject to change by the county upon reassessment of value and / or change of ownership. Additional
cost estimates are to the best of ACEQ's knowledge. Seller is not liable for any discrepancies of additional cost.
Data shown is obtained from sources deemed reliable. It has not been verified and its accuracy is not guaranteed by the source, ACEQ INVESTMENT
INC., its representatives and Brokers/Agents. Photo provided without verification, may not represent current conditions. Date and origin of photo are not
available. Map is not to scale and locations are approximate. ACEQ INVESTMENT IN C. reserves the right to correct any unintended errors or omissions.
ACEQ INVESTMENT INC.
APN 3219-009-005 Vicinity 80th Street West and Avenue F
Hwy 138
80th Street West (paved)
Avenue F (paved)
Lancaster
Data shown is obtained from sources deemed reliable. It has not been verified and its accuracy is not guaranteed by the source, ACEQ INVESTMENT INC., its representatives and Brokers/Agents. Photo
provided without verification, may not represent current conditions. Date and origin of photo are not available. Map is not to scale and locations are approximate. ACEQ INVESTMENT INC. reserves the
right to correct any unintended errors or omissions
ACEQ INVESTMENT INC.
APN 3219-009-005 Vicinity 80th Street West and Avenue F
__________________
Photo provided without verification, may not represent current conditions. It has not been verified and its accuracy is not guaranteed by the source, ACEQ INVESTMENT INC., its representatives and
Brokers/Agents. Date and origin of photo are not available. Map is not to scale and locations are approximate. ACEQ INVESTMENT INC. reserves the right to correct any unintended errors or
omissions.
ACEQ INVESTMENT INC.
APN 3219-009-005 Vicinity 80th Street West and Avenue F
______
Data shown is obtained from sources deemed reliable. It has not been verified and its accuracy is not guaranteed by the source, ACEQ INVESTMENT INC., its representatives and Brokers/Agents. Photo
provided without verification, may not represent current conditions. Date and origin of photo are not available. Map is not to scale and locations are approximate. ACEQ INVESTMENT INC. reserves the
right to correct any unintended errors or omissions.
ACEQ INVESTMENT INC.
APN 3219-009-005 Vicinity 80th Street West and Avenue F
Data shown is obtained from sources deemed reliable. It has not been verified and its accuracy is not guaranteed by the source, ACEQ INVESTMENT INC., its representatives and Brokers/Agents. Photo
provided without verification, may not represent current conditions. Date and origin of photo are not available. Map is not to scale and locations are approximate. ACEQ INVESTMENT INC. reserves the
right to correct any unintended errors or omissions.
ACEQ INVESTMENT INC.
APN 3219-009-005 Vicinity 80th Street West and Avenue F
Data shown is obtained from sources deemed reliable. It has not been verified and its accuracy is not guaranteed by the source, ACEQ INVESTMENT INC., its representatives and Brokers/Agents. Photo
provided without verification, may not represent current conditions. Date and origin of photo are not available. Map is not to scale and locations are approximate. ACEQ INVESTMENT INC. reserves the
right to correct any unintended errors or omissions.
ACEQ INVESTMENT INC.
APN 3219-009-005 Vicinity 80th Street West and Avenue F
Subject Parcel
APN: 3116-019-002
$12,371.13/Acre
APN: 3219-007-003
$39,200.00/Acre
APN3219-008-010
$31,818.18/Acre
APN: 3219-008-079
$16,800.00/Acre
APN: 3219-008-072
$59,090.91/Acre
Data shown is obtained from sources deemed reliable. It has not been verified and its accuracy is not guaranteed by the source, ACEQ INVESTMENT INC., its representatives and Brokers/Agents. Photo
provided without verification, may not represent current conditions. Date and origin of photo are not available. Map is not to scale and locations are approximate. ACEQ INVESTMENT INC. reserves the
right to correct any unintended errors or omissions.
ACEQ INVESTMENT INC.
APN 3219-009-005 Vicinity 80th Street West and Avenue F
Track Homes and an Elementary School are within 1.5 miles
ACEQ Investment Inc
The Comparative Market Analysis (CMA) of this property includes all Greater Antelope Valley Association of Realtor’s (GAVAR) MLS Active,
Pending, and Sold listings as we find this to be the most reliable source of verifiable data available (comparables collected within a one mile
radius).
Market Data as of 4/2/2013
APN
Vicinity
3219-009-005
80th Street West & Avenue F
(According to Assessor Map)
Area
Los Angeles County - Antelope Acres
Zoning
LCA11
Gross Acres
10.00
Net Acres
9.70
Price per Gross Acre $12,000.00
Price per Net Acre
$12,371.13
Total Price
$120,000.00
Unit
4
Price per Unit
$30,000.00
Active Price per Acre
$60,000.00
$50,000.00
$40,000.00
$30,000.00
$20,000.00
$10,000.00
Subject
$0.00
Active
#
#1
#2
#3
#4
APN
3219008079
3219008010
3219007003
3219008072
Street
85
85
85
85
W
W
W
W
Ave
F-12
G
F-10
G
Lot
Size
1.25
1.1
1.25
1.1
1.18
Zoning
LCA11
LCA11
LCA11
LCA11
Asking Price
Total
Per Acre
$21,000.00
$16,800.00
$35,000.00
$31,818.18
$49,000.00
$39,200.00
$65,000.00
$59,090.91
$42,500.00
$36,727.27
Listing
Date
12/17/2012
4/25/2012
4/1/2013
1/23/2013
Zoning
LCA11
LCA11
LCA11
LCA11
LRMPD
LCA11
Sale Price
Total
Per Acre
$26,000.00
$11,453.74
$20,200.00
$11,812.87
$26,000.00
$12,621.36
$16,000.00
$12,800.00
$20,000.00
$16,000.00
$155,000.00
$44,797.69
$43,866.67
$18,247.61
Sale
Date
11/29/2010
10/23/2009
5/27/2010
4/12/2013
4/6/2011
3/13/2009
Pending
Sold
#
1
2
3
4
5
6
APN
3220002012
3220004016
3220020026
3219008008
3201012062
3220014032
Street
87
85
86
90
63
89
W
W
W
W
W
W
Ave
D10
D10
D4
F-14
E12
E8
Lot
Size
2.27
1.71
2.06
1.25
1.25
3.46
2.00
Notes
LC- Los Angeles County
A11- Light Agriculture (1 Acre Minimum)
LR- City of Lancaster
MPD- Manufacturing Planned Development
Zoning designations shown are obtained from the following sources: Lancaster Zoning Map, adopted 10/13/98, Ordinance No. 743.1; updated through 2/13/04, Ordinance No. 825;
supplemented with Fox Field Specific Plan information taken from the Lancaster General Plan Map, adopted 10/28/97, Resolution 97-102; updated through Resolution No. 03-468.
City of Palmdale Zoning map, adopted 12/14/94; updated 9/13/04, Ordinance #1248. Los Angeles County General Plan: A. V. Area Plan, adopted 12/4/86; updated through 7/27/99
(LP93-021); printed 2/7/02. First American Real Estate Solutions: May 2010 database of property characteristics, ownership, sale, and tax database via Win2Data.
Data were obtained from sources deemed reliable. Accuracy is not guaranteed by the source or ACEQ Investment Inc. This list may not contain all
market activity. Information should be verified.
ACEQ Investment, Inc.
Important Disclosure:
Data shown is obtained from sources deemed reliable such as, the local Association of Realtors
and its Multiple Listing Service, the City and County official records, Chamber of Commerce,
Greater Antelope Valley Economic Alliance and numerous local real estate and general
publications.
All data including lot sizes, boundaries, land-use and zoning data, availability of utilities, access
and easements, market data and prices, sales information and maps are un-audited and have
not been verified. The information is deemed reliable but its accuracy is not verified or
guaranteed by the sources mentioned above or Aceq Investment Inc., its representatives,
employees and Brokers or Agents. The data may or may not contain all market activity in the
area.
The information is provided only to assist interested parties in their consideration of a long term
speculative purchase to meet their needs. However, verification of all opinions, facts, data and
information is advised and acquisition of additional information deemed necessary is
recommended, as it would be with any important financial decision.
Data is subject to change, revision and/or correction without notice. Any and/or all properties are
subject to prior sale, price change or withdrawal without notice. In case of prior sale, substitute
property to be designated for approval by parties within two business days.
ACEQ Investment, Inc.
20065 Stevens Creek Blvd.,Bldg. C, Ste. 1C
Cupertino, CA 95014
Tel: 408-703-5360
Fax: 408-703-5361