1790 Knapp Drive, Vista, CA 92084 Knapp DRIVE

2.37 ACRES

LAND BANKING OPPORTUNITY FOR POTENTIAL FUTURE UPZONING EXPIRED 8-LOT TENTATIVE MAP

CIARA TRUJILLO COLLIERS INTERNATIONAL Senior Vice President 4350 La Jolla Village Drive, Suite 500 (858) 677-5387 San Diego, CA 92122 License No. 01800279

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Senior Vice President N O F D F N A Lic No: 01800279 A E C H S 858.677.5387 A V [email protected] E E V A E R O

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OMAR A PAL IRPORT RD EXECUTIVE SUMMARY The Knapp Drive property is uniquely located just over 1,000 ft. from Adobe Park, half a mile from the Vista Sports Park and is a quick 15 minute car ride from the pacific ocean. The property has frontage along a quiet residential street, Knapp Drive, as well as N. Santa Fe Avenue, a two-lane collector road which offers strong visibility for future marketing purposes. Zoned for residential, the property allows for additional uses through a special permit or MUP such as residential care facilities, churches, and schools. PROJECT SUMMARY

Property The property has an expired Tentative History: Map for 8 lots (No. PC2-106) in the County of San Diego.

Allowable Residential single-family Uses by Right:

Allowable Uses Residential Care Facilities, Churches, with Special Schools Permit or MUP: Estimated $40,000 per lot (based on 2,000 SF) Development Impact Fees:

APN ACREAGE EXISTING USE 159-161-20 0.19 1,321 SF Residential 159-161-21 2.18 Vacant Unimproved Land TOTAL 2.37

ACREAGE LOCATION APN’S MUNICIPALITY ZONING 2.37 Acres 1790 Knapp Drive 159-161-20 & 21 City of Vista R-1-B Vista, CA 92084 (Min. 6,000 SF lots)

4 KNAPP DRIVE Average Average Population Household Income Age $74,713 32.7 103,597

N. SANTA FE AVE

SCHOOLS LOT SIZE WATER SEWER Vista Unified Min. 6,000 SF Lots Vista Irrigation City of Vista School District District

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PER LOT FEE AVG. 2,000 SF DET HOMES TIF & RTCIP (North County Metro) $3,974.14 Drainage Fee (North County Metro) $680.00 Park Fee $6,368.00 School Fee $9,360.00 Fire Mitigation Fee $1,040.00 SDCWA 3/4" $4,202.96 Vista Irrigation 3/4" Capacity $5,378.00 Vista Irrigation 3/4" Meter & Lateral $4,717.00 Vista Irrigation Sewer Capacity $4,233.00 TOTAL FEES $39,953.10

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ADDRESS 243 Flores Lane 1532 Avila Lane 429 Adobe Estates 237 Flores Lane 1504 Leonis Pl. 509 Cota Lane 532 Machado Way SQ. FT. 3,067 3,576 3,576 3,381 2,906 3,067 3,777 BED/BATH 4/4 5/3 4/3 5/4 4/3 4/4 5/4 YEAR BLT 2016 2014 2016 2016 2017 2015 2014 SOLD PRICE $670,000 $700,000 $750,000 $770,000 $800,000 $819,900 $875,000 PP SF $218.45 $195.75 $209.73 $227.74 $275.29 $267.33 $231.67 MONTHLY HOA $243 $252 $252 $252 $243 $252 $205 SOLD DATE 3/14/2019 8/16/2019 9/17/2019 7/25/2019 4/26/2019 10/1/2019 3/25/2019

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ADDRESS AVERAGES SQ. FT. 3,336 SOLD PRICE $769,271 PP SF $232.28

9 VISTA UNIFIED SCHOOL DISTRICT

In 2014 California’s education system began transitioning to a new testing system and a shift to a new accountability system. As a result the previous API system of reporting was removed. Parents can now access each school’s School Accountability Report Card (SARC) to review school’s strengths and weaknesses. Although there is great variation in the design of school report cards, they generally begin with a profile that provides background information about the school and its students. The profile usually summarizes the school’s mission, goals, and accomplishments. State law requires that the SARC contain all of the following: Demographic data, School safety and climate for learning information, Academic data, School completion rates, Class sizes, Teacher and staff information, Curriculum and instruction descriptions, Postsecondary preparation information Fiscal and expenditure data. The SARC can be found at http://www.cde.ca.gov/ta/ac/sa/

ELEMENTARY MIDDLE SCHOOL HIGH SCHOOL Vista Unified School District Vista Unified School District Vista Unified School District Bobier Elementary Roosevelt Middle School Vista High School

https://bo-vistausd-ca.schoolloop.com/ http://rms-vistausd-ca.schoolloop.com/ http://vhs.vistausd.org/

220 W. Bobier Drive, Vista, CA 850 Sagewood Drive, Oceanside, CA 1 Panther Drive, Vista, CA 760-724-8501 760-726-8596 760-726-5611

2/10 as rated by Great Schools! 5/10 as rated by Great Schools! 5/10 as rated by Great Schools!

http://www.greatschools.org/california/ http://www.greatschools.org/california/ http://www.greatschools.org/california/ vista/6312-Bobier-Elementary-School/ oceanside/6327-Roosevelt-Middle-School/ vista/6328-Vista-High-School/

10 KNAPP DRIVE MARKET OVERVIEW

Vista is a city in and is located in northwestern San Diego County. Vista is a medium-sized city within the San Diego Metropolitan Area and had a population of 93,834 at the 2010 census. Vista also includes portions of unincorporated San Diego County to north and east, with a county island in the central west, which is within its sphere of influence. Located just seven miles inland from the Pacific Ocean, it has a Mediterranean climate..

Vista is home to two city-owned theaters: the recently updated Moonlight Amphitheatre and the Avo Playhouse. The Moonlight is an open-air theater that specializes in musical productions, performing several Broadway caliber, musical productions during the course of the summer. A winter season concert venue called ClubM hosts shows where the performance and audience areas are on the Moonlight stage, sheltered from the elements. The Avo Playhouse located in historic downtown Vista is rented year round for private performances.

Several popular downtown events include the North County St. Patrick’s Day Parade & Festival, the Vista Strawberry Festival, the Vista Rod Run (over 25 years running) and the annual Winterfest & Christmas Parade.Vista houses one movie theater, currently a Cinepolis theater (as of 2015), but which opened as a Krikorian Cinema in fall 2003.

Two of the best-known parks in the city are Brengle Terrace Park and Guajome County Park. Brengle Terrace Park houses the Moonlight Amphitheatre, Alta Vista Gardens (a city-owned botanical garden), two softball fields, a senior center, a playground, and the city community center, where the main offices of the city’s day camps are held. Guajome County Park has 557 acres (2.25 km2) of land, which is shared between Vista and nearby Oceanside. It features a small lake, willow and oak woodlands, campsites, horse trails, and the Rancho Guajome Adobe, a National Historic Landmark. Buena Vista Park on the south side of Vista is a natural park where users can hike on trails through native chaparral and oak woodland.

The Rancho Guajome Adobe and Adobe are two historic rancho buildings in Vista, built in the mid- nineteenth century, both available for tours and special occasions.

11 1790 Knapp Drive, Vista, CA 92084 Knapp

DRIVE KNAPP DR

2.37 ACRES

N. SANTA FE AVE

CIARA TRUJILLO Senior Vice President 858.677.5387 [email protected]

4350 La Jolla Village Drive, Ste. 500, San Diego, CA 92122 +1 858 455 1515 Main | colliers.com/sandiego