Evanisko Realty & Investment, Inc. has been retained on an exclusive basis by Landowner in cooperation with Lender to facilitate the timely disposition of this property. The Development Brokers 12400 Ventura Blvd. #606 Studio City, CA 91604 818.985.9700 Phone 818.985.9703 Fax
This brochure has been prepared to provide summary, unverified information to interested parties, and to establish only a preliminary level of interest in the subject development opportunity. The information contained in this brochure have been obtained from sources we believe to be reliable; however, Evanisko Realty & Investment, Inc. has not verified, and will not verify, any of the information contained herein, nor has Evanisko Realty & Investment, Inc. conducted any investigation regarding theses matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All interested parties must take appropriate measures to verify all of the information set forth herein. Please contact Evanisko Realty & Investment, Inc. for additional information/guidance pertaining to this opportunity. (818) 985-9700 Disclosure
The subject property consists of eight contiguous parcels totaling 7.08 gross acres of land (APN# 311-180-013, 035, 036, 050, 051, 052, 053, 054). [Tentative Tract File# 34287]. Subdivision application process is currently on hold with the City of Perris. CONTACT BROKER FOR ALL CITY CORRESPONDENCE AND APPLICATIONS PERTAINING TO THE ENTITLEMENT OF THIS PROPERTY. Current Zoning: MFR-14 [Allows up to 14 units per acre] Main Planning Contact: Nathan Perez PURCHASED 12/14/2004: $1,800,000 ($5.84/FT) PRICE: $700,000 ($2.27/FT) Site Summary 4
Site Location NWC of Jarvis St. and Ruby Dr. 92571 APN: 311-180-013 311-180-035 311-180-036 311-180-050 311-180-051 311-180-052 311-180-053 311-180-054 Land Area: 7.08 Acres Price: $700,000 Site Summary 4
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Property: Please contact broker for instructions on how to access plans, reports, and entitlement documentation. Most of this information is on file with each properties respective jurisdiction. Landowner: Upland Project, LLC Lender: East West Bank Deal Structure: Landowner and Lender will evaluate offers based on price and terms and are looking for the timely disposition of the site. SUBMIT ALL PROPOSALS/IQUIRIES TO: Evanisko Realty & Investment, Inc. ALL PROPOSALS WILL BE REVIEWED BY LANDOWNER, LENDER, AND BROKER AS RECIEVED Commission: 2% of price to cooperating broker if any. For additional information/guidance on this and other development opportunities contact: Evanisko Realty & Investment, Inc. (818) 985-9700 melaugh@evaniskorealty.com frank@evaniskorealty.com www.thedevleopmentbrokers.com Transaction Details 12400 Ventura Blvd. #606 Studio City, CA 91604 818.985.9700 Phone 818.985.9703 Fax 12
The Development Brokers.com Frank Evanisko President frank@evaniskorealty.com David Melaugh Broker Associate melaugh@evaniskorealty.com Evanisko Realty & Investment, Inc. 12400 Ventura Blvd #606 Studio City, CA 91604 P. (818) 985-9700 F. (818) 985-9703 www.thedevelopmentbrokers.com Lic. 01383591 Our Business Evanisko Realty & Investment, Inc. facilitates the transaction of multifamily assets and underutilized property within the Urban Los Angeles marketplace. Since its inception in 2004, Evanisko has sold or structured partnerships for the redevelopment of nearly 100 sites totaling over $250 Million in value while representing landowners, developers, and lenders. Our Core Competency As real estate brokers with urban infill development expertise, Evanisko brings a highly unique skill set to its clientele. Evanisko s core competency is the ability to effectively communicate complex and relevant deal points to the appropriate buyer pool for both commercial and multifamily development sites. Evanisko has quickly become regarded as a highly skilled transaction facilitator for multifamily and commercial assets within the Los Angeles market.