19.25 acres, apn: 3047-009-041

Transcription

19.25 acres, apn: 3047-009-041
ACEQ INVESTMENT Inc.
Property Offering:
Approximately 19.25 Acres
In the Vicinity of
106th Street East and Avenue V14
In Los Angeles County
APN: 3047-009-041
ACEQ INVESTMENT INC.
Subject: Vicinity of 106th Street East and Avenue V14 APN: 3047-009-041
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 center 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 106th Street East and Avenue V14 APN: 3047-009-041
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 106th Street East and Avenue V14 APN: 3047-009-041
APN
Vicinity
3047-009-041
106th St East and Ave V14
(According to Assessor Map)
Los Angeles County
Area
Little Rock
Zoning
LCA21
Gross Acres
20.00
Net Acres
19.25
Price per Gross Acre $4,250.00
Price per Net Acre
$4,415.58
Total Price
$85,000.00
Units
2
Price per Unit
$42,500.00
Features
A future Juniper Hills home site of 19.25 net acres. Electricity and telephone lines are overhead on paved 106th St
East. Water source would be a well. Panoramic views to the north of the Antelope Valley. To the south, the rolling
hills of Juniper Hills. Juniper Hills is located between Littlerock and Pearblossom. Juniper Hills has many larger
homes on acreage.
One mile from 138 Hwy which leads to both the Fwy 14 and Fwy 15 for commuters. Juniper Hills offers a truly
country and rural life style, yet is only 5 minutes away from groceries and gasoline in Littlerock. Pearblossom
community is about 2 miles each from the property. Pearblosson has over 3000 residents. Major shopping would be
in east Palmdale at 47th St East, about 7 miles away. Crystalaire Country Club that is an 18-holes golf course is 6
miles east from the property.
Full details are available in the Disclosure Save Report included in this property offering.
Additional Costs Estimates - According to Los Angeles County Assessor
Estimated Property Tax (1.25%)
http://ttc.lacounty.gov
$1062.50
Annual estimate, taxes due in two installments for term of ownership -
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 3047-009-041Vicinity 106th Street East and Avenue V14
Avenue V-8
106th Street East
96th Street East
HWY 138
Avenue W
Palmdale
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 3047-009-041Vicinity 106th Street East and Avenue V14
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 3047-009-041Vicinity 106th Street East and Avenue V14
Subject
Property
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 3047-009-041Vicinity 106th Street East and Avenue V14
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 3047-009-041Vicinity 106th Street East and Avenue V14
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 3047-009-041Vicinity 106th Street East and Avenue V14
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 3047-009-041Vicinity 106th Street East and Avenue V14
SUBJECT PROPERTY
APN: 3047-009-041
$4,415.58/Acre
APN: 3047-007-044
$8,636.00/Acre
APN: 3047-019-033
$12,950.79/Acre
APN: 3047-020-041
$7,216.49/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 3047-009-041 Vicinity 106th Street East and Avenue V14
_______
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
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 3/22/2013
APN
Vicinity
3047-009-041
106th Street East & Avenue V14
(According to Assessor Map)
Area
Los Angeles County - Pearblossom
Zoning
LCA21
Gross Acres
20.00
Net Acres
19.25
Price per Gross Acre $4,250.00
Price per Net Acre
$4,415.58
Total Price
$85,000.00
Unit
2
Price per Unit
$42,500.00
Active Price per Acre
$40,000.00
$30,000.00
$20,000.00
$10,000.00
Subject
$0.00
Active
#
1
2
3
4
5
6
APN
3047020041
3047007044
3047019033
3047020076
3047016040
3047011007
Street
FORT TEJON
109
112
Fort Tejon
106
101
E
E
E
E
Ave
BUTTERFIELD
V10
W6
W13
W10
Fort Tejon
Lot
Size
4.85
2.5
5.019
8.92
4.87
2.97
4.85
Zoning
LCA21
LCRA10000
LCA21
LCA21
LCA11
LCA11
Asking Price
Total
Per Acre
$35,000.00
$7,216.49
$21,590.00
$8,636.00
$65,000.00
$12,950.79
$119,900.00
$13,441.70
$110,900.00
$22,772.07
$99,900.00
$33,636.36
$75,381.67
$16,442.24
Listing
Date
10/30/2012
8/20/2012
12/1/2012
9/16/2012
1/9/2013
5/30/2012
Zoning
LCA21
LCRA10000
LCA21
LCRA10000
Sale Price
Total
Per Acre
$18,000.00
$5,572.76
$9,000.00
$7,894.74
$9,500.00
$8,636.36
$17,500.00
$19,021.74
$13,500.00
$10,281.40
Sale
Date
6/23/2011
10/16/2012
6/30/2011
3/22/2012
Pending
Sold
#
1
2
3
4
APN
3047018001
3047003014
3047009031
3047004022
Street
106
115
106
111
E
E
E
E
Ave
W4
V10
V10
V12
Lot
Size
3.23
1.14
1.1
0.92
1.60
Notes
LC- Los Angeles County
A110000 - Light Agriculture (10,000 Sq Ft Minimum)
Properties purchased by ACEQ Investment, Inc. have been excluded from the list above.
A21- Heavy Agriculture (1 Acre Minimum)
A11- Light Agriculture (1 Acre Minimum)
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 (LP93021); 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