801 FASSLER AVENUE PACIFICA, CA

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1 801 FASSLER AVENUE PACIFICA, CA

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3 PROJECT SUMMARY This prime development opportunity in Pacifica, California consists of 11 picturesque acres showcasing dramatic Pacific Ocean views. The planned development will feature 24 townhome residences, including four below-market-rate residences, with six separate buildings holding four residences each. The site is strategically positioned to capture sweeping ocean vistas, with many of the homes facing the canyon and offering tremendous hillside and open-space views. Ranging from 1,253 to 2,120 square feet, most residences will feature a porch, living area, deck, private yard and two-car garage. The project will include a butterfly and hummingbird garden, upper and lower picnic area, additional open spaces and a footpath made of decomposed granite. A loop road will provide vehicle access to the buildings, two-car garages and 12 guest parking spaces. The road will also connect to a hiking trail, which is of great importance to the typical Pacifica resident. The schools serving this area are among the best in the state, and are expected to draw millennial couples and families from San Francisco to the San Mateo Peninsula. THE AGENCY SEPTEMBER 2018 PG 2 Residents enjoy easy access to the core employment centers of Silicon Valley, the San Mateo Peninsula and San Francisco, and are just moments from the Google Bus Stop.

4 LOCATION Pacifica, CA Pacifica is located in San Mateo County, California, on the coast of the Pacific Ocean between San Francisco and Half Moon Bay. It enjoys a mild Mediterranean climate typical of other coastal areas of California, with ample opportunity for outdoor recreation and adventure. Widely known as a top surfing, kayaking, paddle boarding and scuba diving destination, Pacifica s Linda Mar Beach draws surfers, families and outdoor enthusiasts alike, while nearby Rockaway Beach is popular for its shopping, dining and recreation options, including the top-ranked Pacifica Skatepark. Fishermen frequent the local beaches and Pacifica Pier, often catching striped bass and salmon. According to the National Marine Sanctuaries of the West Coast, Pacifica is the fourth-richest area in the world for marine mammal life. A popular mountain biking destination, Pacifica s many trails traverse the hillsides surrounding the city, including Pedro Mountain Road, Sweeney Ridge, and portions of the 1,000-acre Golden Gate National Recreation Area. Hikers delight in Pacifica s picturesque trails, which wind along its beaches and bluffs, including Mori Point, San Pedro Valley County Park, the Sanchez Adobe, Milagra Ridge, and the privately owned Pacifica quarry. Pacifica is also home to the renowned Sharp Park Golf Course, designed in 1931 by architect Alister MacKenzie. THE AGENCY SEPTEMBER 2018 PG 3 A progressive city, Pacifica views itself in a similar light as San Francisco, with the added benefit of its many swimmable beaches. It is a Sanctuary City and has a Cannabis Business Program in place. From its plentiful city, county and state parks to its breathtaking panoramic ocean vistas, Pacifica offers residents the best of both worlds: a feeling of space and serenity rarely found in suburban areas with the proximity to art, culture and entertainment one would expect from a bustling, metropolitan city.

5 RESIDENCE OVERVIEW BUILDING RESIDENCE SF VIEW B 1 1,253 Open Space B 2 1,544 Open Space B 3 1,544 Ocean B 4 1,253 Ocean B 5 1,544 Ocean B 6 1,544 Ocean B 7 1,544 Ocean/Canyon B 8 1,253 Canyon D 9 1,677 Canyon D 10 1,677 Canyon E 11 1,790 Canyon E 12 2,038 Canyon C 13 2,120 Open Space C 14 1,704 Open Space C 15 1,704 Open Space C 16 2,120 Interior A 17 1,643 Interior AMENITIES Most of the residences will feature a living area, garage, porch, deck, private yard, and a two-car garage. They will range in size from 1,253 square feet to 2,120 square feet. Private yards will also range in size. The project will include a butterfly and hummingbird garden, an upper and lower picnic area, other open space areas, and a footpath made of decomposed granite. Residents will also enjoy easy access to hiking trails, Pacifica s famed beaches, and other local attractions. THE AGENCY SEPTEMBER 2018 PG 4 A 18 1,472 Interior A-ALT 19 1,643 Interior A-ALT 20 1,472 Interior A 21 1,643 Interior A 22 1,472 Interior A-ALT 23 1,643 Interior A-ALT 24 1,472 Interior

6 LOCATION PACIFICA, CA OAKLAND DANVILLE OFFICE SAN FRANCISCO NOE VALLEY OFFICE PACIFICA 801 FASSLER AVENUE BURLINGAME SAN MATEO FREMONT THE AGENCY SEPTEMBER 2018 PG 5 MENLO PARK WOODSIDE PALO ALTO OFFICE PALO ALTO MOUNTAIN VIEW LOS ALTOS SUNNYVALE CUPERTINO SANTA CLARA SAN JOSE

7 T H E A G E N CY SEPTEMBER 2018 PG FA S S L E R AV E N U E PA C I F I C A, C A T E N TAT I V E M A P

8 T H E A G E N CY SEPTEMBER 2018 PG FA S S L E R AV E N U E PA C I F I C A, C A DIMENSIONAL SITE PLAN

9 SAMPLE RENDERINGS, FLOOR PLANS, AND ELEVATIONS THE AGENCY SEPTEMBER 2018 PG 8 *Additional renderings and floor plans available upon request

10 PRICING METHODOLOGY RESIDENCE PRICING Other conditions to factor into the pricing methodology when looking at the local resale market included factors such as: As-Is No Remodeling Some Remodeling No View (1+ Miles from the Ocean) View of Canyon/Hillsides (1+ Miles from the Ocean) View of Ocean (1+ Miles from the Ocean) Ocean View THE AGENCY SEPTEMBER 2018 PG 9 New Construction

11 CONTACT JOE VELASCO Managing Director, Palo Alto Lic. # REPORT AVAILABLE UPON REQUEST: 1. Executive Summary (26 Pages) 2. Market Study (118 Pages) 3. Planning Commission (Renderings/Floor Plans 31 Pages) 4. Conditions of Approval (52 Pages) 801Fassler.com