2722, 2724, 2726, 2728, & 2730 REYNARD WAY, SAN DIEGO, CALIFORNIA T F W - A. C O M
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1 , CALIFORNIA T F W - A. C O M
2 TABLE OF CONTENTS 01 EXECUTIVE SUMMARY 02 PROPERTY HIGHLIGHTS 03 PROPERTY SUMMARY 04 AREA HIGHLIGHTS 05 PLANS SITE This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, condition, or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
3 The properties located at 2722, 2724, 2726, 2728, & 2730 Reynard Way are in an excellent location for the best neighborhoods that iego has to offer and easy freeway access to be at the beaches within minutes. Most errands can be accomplished on foot and the property receives a high walkscore of , 2724, 2726, 2728, & 2730 REYNARD WAY, SAN DIEGO EXECUTIVE SUMMARY Photo: Artist Rendering of project An urban renaissance is happening in America. In iego, the city of villages, that is something unique. Young families will be attracted to the location as it offers professionals access to the city. When compared to the U.S. metro average, iego has a much higher GDP for professional services (7.5% versus 10.7%; Bureau of Ecomonic Analysis). Downtown iego maintains 80,000 workers, 4,000 businesses, and approximately 110 startups (Downtown Demographic Study, Downtown iego Partnership). iego is investing in itself with projects such as the impressive $1.2 billion Seaport Village redevelopment (also within walking distance of the project). Meanwhile there is a historic shortage of housing in the county and 162,000 new units will be needed by 2020, but less than half about 80,000 are predicted ( How California s Housing Crisis turned into catastrophe, Union Times [iego], July 14, 2017). Photo: Kettner Exchange Photo: Waterfront Park
4 Each house will be three stories, have roof access, private outdoor terrace, and dedicated parking. 2722, 2724, 2726, 2728, & 2730 REYNARD WAY, SAN DIEGO EXECUTIVE SUMMARY Photo: Artist Rendering of of project The unique design of the building enhances the natural character of the canyon by integrating it into the building and creating an atmosphere unlike any other. The project will incorporate many sustainable features, passive and active, has been reviewed as part of the City s Sustainable Expedite Program. The buildings are expected to exceed the Sustainable Buildings definition as established by Council Policy Photo: Kettner Exchange Photo: Balboa Waterfront Park - California Park Tower Quince Street Bridge
5 PROPERTY HIGHLIGHTS SUBDIVIDED LOTS ENERGY EFFICIENT HIGH QUALITY Attractive and durable Tall ceilings New construction & modern mechanical SITE WALKABLE Walkscore of 75 & within walking distance to Little Italy FLEXIBLE SPACE 3rd Bedrooms on ground floor offer separate entry and flexible use options ENTITLEMENTS Planning Commission approved reduced setbacks and increased height PERMITS Approved grading permit Building permit is processing
6 PROPERTY SUMMARY Reynard Way, iego 1,513 SF finished 534 SF garage 1,999 SF lot Reynard Way, iego 1,509 SF finished 646 SF garage 1,801 SF lot 125 SF covered terrace Reynard Way, iego 1,244 SF finished 666 SF garage 1,557 SF lot 85 SF covered terrace 2724 Reynard Way, iego 1,329 SF finished 577 SF garage 1,501 SF lot Reynard Way, iego 1,839 SF finished 389 SF garage 2,278 SF lot 150 SF covered terrace
7 AREA HIGHLIGHTS A i r p o r t 5 Minute Drive L i t t l e Italy 5 minute walk B a l b o a Park 3 Minute Drive S a n Diego Zoo 8 Minute Drive T r o l l e y Station 9 Minute Walk C o r o n a d o Beach 11 Minute Drive S e a p o r t Village 7 Minute Drive G a s l a m p District 7 Minute Drive
8 AREA HIGHLIGHTS A +/-5 MINUTES B +/-10 MINUTES C SEGMENT TIME DESCRIPTION A 5 minutes (5:15) Walk to the Casbah, a live music venue B 6 minutes (5:30) Walk to Kettner Exchange, highly rated restaurant C 3 minutes (3:15) Walk to the bay and Waterfront Park 14 minutes Total walk from the project to the harbor
9 AREA HIGHLIGHTS /-5 MINUTES +/-10 MINUTES SEGMENT TIME DESCRIPTION 1 3 minutes (3:01) Walk to Maple Canyon trailhead 2 10 minutes (9:59) Maple Canyon and walk across the Quince Street Bridge 3 2 minutes (1:50) Walk to Balboa Park 15 minutes Total walk from the project to Balboa Park (shorter routes possible)
10 C TR TO SCAL , 2724, 2726, 2728, & 2730 REYNARD WAY, SAN DIEGO FLOOR PLANS GEN A B 2724 SAN 15 C UP UP KEY Archi DN BEDROOM 600 B v: 61 UP UP UP Owne Six C 3614 v:619 D Civil Alida 2844 Teme V: 95 Struc Envi 565 P La Jo V: 61 Geot SCST 6280 V: 61 Biolo Balk P.O. Encin V: 76 FIRST FLOOR PRO E 12/27/ :40:51 AM FLOOR PLAN 1BASEMENT SCALE [ 1/8" = 1'-0" ] TFWA ARCHITECTURE Un P E:\M Files
11 DN C TR TO Archi Owne Six C 3614 v:619 SCAL , 2724, 2726, 2728, & 2730 REYNARD WAY, SAN DIEGO FLOOR PLANS GEN A B 2724 SAN 15 C DN DN LIVING / KITCHEN LIVING / KITCHEN DN DN LIVING / KITCHEN LIVING / KITCHEN KEY LIVING / KITCHEN UP UP 600 B v: 61 UP UP D Civil Alida 2844 Teme V: 95 Struc Envi 565 P La Jo V: 61 Geot SCST 6280 V: 61 Biolo Balk P.O. Encin V: 76 SECOND FLOOR PRO E 12/27/ :41:27 AM FLOOR Copy 2 1FIRST SCALE [ 1/8" = 1'-0" ] TFWA ARCHITECTURE Un P E:\M Files
12 DN C TR TO Archi SCAL , 2724, 2726, 2728, & 2730 REYNARD WAY, SAN DIEGO FLOOR PLANS GEN A B 2724 SAN 15 BEDROOM BEDROOM C BEDROOM BEDROOM DN DN DN BEDROOM KEY BEDROOM BEDROOM BEDROOM BEDROOM BEDROOM 600 B v: 61 Owne Six C 3614 v:619 D Civil Alida 2844 Teme V: 95 Struc Envi 565 P La Jo V: 61 Geot SCST 6280 V: 61 Biolo Balk P.O. Encin V: 76 THIRD FLOOR PRO E 12/27/ :41:48 AM FLOOR Copy 3 1SECOND SCALE [ 1/8" = 1'-0" ] TFWA ARCHITECTURE Un P E:\M Files
13 C TR TO Archi Owne Six C 3614 v:619 SCAL , 2724, 2726, 2728, & 2730 REYNARD WAY, SAN DIEGO FLOOR PLANS GEN A B 2724 SAN 15 C KEY 600 B v: 61 D Civil Alida 2844 Teme V: 95 Struc Envi 565 P La Jo V: 61 Geot SCST 6280 V: 61 Biolo Balk P.O. Encin V: 76 ROOF PRO E 12/27/ :37:51 AM PLAN 1ROOF SCALE [ 1/8" = 1'-0" ] TFWA ARCHITECTURE Un P E:\M Files
14 FLOOR PLANS 2722 REYNARD // FIRST FLOOR
15 FLOOR PLANS 2722 REYNARD // SECOND FLOOR
16 FLOOR PLANS 2722 REYNARD // THIRD FLOOR
17 FLOOR PLANS 2730 REYNARD // FIRST FLOOR
18 FLOOR PLANS 2730 REYNARD // SECOND FLOOR
19 FLOOR PLANS 2730 REYNARD // THIRD FLOOR
20 Despite a high demand for this product type, comps are not readily available for newly constructed single family homes. New construction downtown is seeing condominum projects such as the Pacific Gate starting at $1.1 million and going up from there (Urban infill a smart solution to housing demand, Union Tribune [San Diego], May 20, 2017). Projects such as 160 W Robinson are selling at $1.2 million at a location further from the many amenities the project will enjoy. 2722, 2724, 2726, 2728, & 2730 REYNARD WAY, SAN DIEGO COMPARABLE SALE TRANSACTIONS Address zip Type SF For Sale $/sf date 160 W Robinson Ave TH/Condo 3 bd 4 ba 1,800 $1,200,000 $667 3/7/ W Robinson St TH/Condo 3 bd 4 ba 1,800 $1,125,000 $625 3/8/ Louisiana St Condo 2 bd 2 ba 1,012 $655,000 $647 6/6/ Louisiana St Condo 2 bd 2 ba 1,070 $785,000 $734 6/29/ Reynard Way SF 3 bd 2 ba 1,414 $790,000 $559 11/30/ Upas Street TH/Condo 2 bd 3 ba 1,612 $1,100,000 $682 3/29/2017 Average $942,500 $652 The project will be true subdivided lots, a feature that nearly no other project can claim as it is the first in iego to utilize the new small lot subdivision regulations. AVERAGE SALE VALUE $652/SF
21 Census ,186 Total population Median Age 18,312 Housing Units $61,741 Median Family Income $39,578 Median Household Income 2722, 2724, 2726, 2728, & 2730 REYNARD WAY, SAN DIEGO DEMOGRAPHICS (92103 ZIP) 2010 Survey 31,066 33,873 Total population Median Age 19,080 Housing Units 2016 American Community Survey 5-year estimates Total population 39.3 Median Age 19,348 Housing Units $98,383 Median Family Income $72,200 Median Household Income
22 , CALIFORNIA T F W - A. C O M
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