POTENTIAL 5 UNIT DEVELOPMENT OR OWNER-USER OPPORTUNITY

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5,000 SF Lot Potential Ocean Views 1 Block from Amtrack/Coaster Station 1 DU / 1,000 SF Rare Infill Opportunity SALE PRICE: $715,000 Canyon Dr OCEANSIDE S. Coast Hwy Mission Ave Oceanside High School Oceanside Blvd S. Pacific St N

PAGE CONTENT 3 AERIALS Tyson St 6 LOCATION MAP 7 INFO 8 PLAT MAP 9 COMPARABLE HOME SALES S. Pacific St S. The Strand Missouri Ave S. Myers St Cleveland Ave Washington Ave 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. 2

AERIALS S. Coast Hwy S. Coast Hwy Mission Ave Oceanside High School S. Pacific St Missouri Ave N S. Cleveland St Oceanside Blvd 3

AERIALS S. Pacific St S. Coast Hwy Mission Ave S. Cleveland St Missouri Ave Wisconsin Ave Oceanside High School Grant St W 4

AERIALS Missouri Ave S. Coast Hwy S. Tremont St S. Cleveland St Washington Ave 5

LOCATION MAP CAMP PENDLETON VISTA FALLBROOK PALOMAR MOUNTAIN OCEANSIDE CARLSBAD SAN MARCOS PALOMAR AIRPORT ESCONDIDO ENCINITAS CAL STATE SAN MARCOS 78 N SOLANA BEACH DEL MAR POWAY SAN DIEGO COUTNRY ESTATES S The Strand S Coast Hwy Canyon Dr Mission Ave OCEANSIDE Missouri Ave 6

PROJECT INFO FEATURES LOCATION: Jurisdiction: The subject property is located at 406 S. Cleveland Street in the City of Oceanside, County of San Diego. Within walking distance to local beaches, shopping, restaurants, and the Metrolink station, this site is a rare infill project that will provide immediate financial upside to any builder, developer, or investor. City of Oceanside APN: 150-182-01 Building Size: Lot Size: Zoning: 2,584 Square Feet with Additional Storage Structures 5,000 Square Feet R-3 (Medium Density Residential) Estimated Development Impact Fees Per Approximate 1,700 SF Single Family Residence Max Density: 1 Dwelling Unit per 1,000 Square Feet Max Building Height: 35 Feet 3 Stories Topography: Flat Impact Fees: Approximately $30,132 per unit School District: Oceanside Unified School District Services: Water/Sewer City of Oceanside Gas/Electricity City of Oceanside Fire Oceanside Fire Dept. Police Oceanside Police Dept. PRICE: $715,000 Item School Fees ($3.20/SF) Park Fees Water Connection Fees (3/4" Meters) Sewer Fees Drainage and Flood Control Fees ($2,843/Acre) Traffic Signal/Transportation Fees ($270/trip) ** Public Facility Fees TOTAL PER SFD ** Traffic/Transportation fees are calculated on a per trip basis CLICK TO VIEW DOCUMENT LINKS ZONING CODE DEVELOPMENT STANDARDS Amount $5,440 $3,503 $12,250 $6,313 $284 $270 $2,072 $30,132 7

PLAT MAP 8

CMA Summary Report COMPARABLE HOME SALES RESIDENTIAL Summary Statistics High Low Average Median LP:$749,000 $549,000 $675,375 $703,500 SP:$739,000 $530,000 $643,166 $667,500 RESIDENTIAL - Pending Number of Properties: 2 Num MLS # Status Style FllAdd ZipArea Beds TotB PDate LotSFApx EstSF DOM LP $/EstSF 1 150011257 PEND ATT 301 Mission Avenue 502 OCEANSIDE (92054) 2 3 7/22/2015 1,737 141 $689,000 $396.66 2 150037414 PEND ATT 435 S Cleveland Street 102 OCEANSIDE (92054) 3 4 7/13/2015 2,041 5 $679,000 - $719,000 $352.28 Avg 2 3 1889 73 $704,000 $374.47 RESIDENTIAL - Sold Number of Properties: 6 Num MLS # Status Style FllAdd ZipArea Beds TotB COEDate LotSFApx EstSF DOM LP $/EstSF SP $/EstSF 1 140036006 SOLD ATT 1006 S Myers Street D OCEANSIDE (92054) 3 2 12/30/2014 1,502 136 $549,000 $365.51 $530,000 $352.86 2 140065544 SOLD ATT 722 Sea Cottage OCEANSIDE (92054) 2 3 1/22/2015 1,212 16 $535,000 - $565,000 $466.17 $535,000 $441.42 3 140035810 SOLD ATT 477 S Cleveland 101 OCEANSIDE (92054) 3 4 10/24/2014 44,098 2,042 97 $639,000 - $669,000 $327.62 $640,000 $313.42 4 140044185 SOLD ATT 301 Mission 407 OCEANSIDE (92054) 2 3 6/12/2015 38,073 2,013 304 $718,000 $356.68 $695,000 $345.26 5 140020287 SOLD ATT 301 Mission Avenue 507 6 140014653 SOLD ATT 301 Mission Avenue 605 OCEANSIDE (92054) 2 3 8/1/2014 38,073 2,013 97 $745,000 $370.09 $720,000 $357.68 OCEANSIDE (92054) 2 3 10/31/2014 38,073 1,849 183 $749,000 $405.08 $739,000 $399.68 Avg 2 3 39579 1771 138 $665,833 $381.86 $643,167 $368.39 Min 2 2 38073 1212 16 $549,000 $327.62 $530,000 $313.42 Max 3 4 44098 2042 304 $749,000 $466.17 $739,000 $441.42 Med 2 3 38073 1931 116 $693,500 $367.80 $667,500 $355.27 9

COMPARABLE HOME SALES CLEVELAND STREET 8 TOWNHOMES UNIT UNIT SQUARE SALES PRICE ADDRESS NUMBER PLAN FEET PRICE SQ. FT. 438 S. Cleveland Street 101 1 1,423 $487,900 $342.87 438 S. Cleveland Street 102 2R 1,212 $438,900 $362.13 438 S. Cleveland Street 103 2R 1,212 $443,900 $366.25 438 S. Cleveland Street 104 3R 1,551 $558,900 $360.35 438 S. Cleveland Street 105 3B 1,580 $528,900 $334.75 438 S. Cleveland Street 106 2 1,212 $478,900 $395.13 438 S. Cleveland Street 107 2 1,212 $478,900 $395.13 438 S. Cleveland Street 108 3 1,551 $573,900 $370.02 10

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