Kosmont Realty (“KR”) has been retained by the City of Moorpark as Housing Successor Agency to the former Redevelopment Agency of the City of Moorpark (“Housing Successor Agency” or “HSA” or “Seller”) as the exclusive representative in the disposition and sale of certain property owned by the former Redevelopment Agency of the City of Moorpark (“RDA”) pursuant to the requirements contained in the California legislation known as ABx1 26, AB 1484, and SB 107.
KR, on behalf of the Seller, is offering four (4) residential properties (“Properties”), which present unique opportunities for prospective buyers to acquire and reuse/develop former RDA owned properties in the City. The Seller will accept single property offers, multiple property offers, and/or offers for all of the subject Properties. Seller will consider residential market rate and/or affordable offers/proposals.
The City of Moorpark, located in the southeastern part of Ventura County, is a business-friendly city that has stable quality neighborhoods, enjoys an outstanding business area profile, and is just 50 miles northwest of downtown Los Angeles. Moorpark is consistently ranked as of one of the safest cities in the US and offers strong trade area demographics, excellent access to major freeways (23 and 118 freeways), educational institutions (Moorpark Community College), major airports (LAX, Burbank, Van Nuys and Oxnard), and convenient freight and passenger service.
|ADDRESS||APN||LOT SIZE (SF)||OFFERING PRICE||COMMENTS|
|1||ADDRESS||1293-1331 Walnut Canyon Rd.||APN||511-0-040-120, 511-0-040-130, 511-0-040-140||LOT SIZE (SF)||0.81 AC||OFFERING PRICE||Contact Agent||COMMENTS||Vacant Land|
|2||ADDRESS||1063-1123 Walnut Canyon Rd.||APN||511-0-030-250, 511-0-030-260, 511-0-030-270, 511-0-030-280, 511-0-030-290, 511-0-030-300||LOT SIZE (SF)||1.56||OFFERING PRICE||Contact Agent||COMMENTS||Vacant Land|
|3||ADDRESS||780 Walnut Street||APN||512-0--63-010||LOT SIZE (SF)||0.13||OFFERING PRICE||Contact Agent||COMMENTS||Vacant Land|
|4||ADDRESS||Millard Street||APN||506-0-020-525||LOT SIZE (SF)||1.33||OFFERING PRICE||Contact Agent||COMMENTS||Vacant Land|
Address: Multiple Parcels
City: Moorpark, CA
Zip Code: Multiple
County: Ventura County
All questions and inquiries regarding the Property should be directed to the KR representatives identified herein.
The prospective buyer(s) will be selected by Seller in its sole and absolute discretion based on a variety of factors including but not limited to:
- Purchase Price
- Timing of due diligence and closing period
- Experience, qualifications, and proposed use for the property
- Financial Capacity
- Compliance with the City of Moorpark Zoning Code
Buyer(s) must submit offers no later than 3:00 p.m. PST on Wednesday, September 9, 2020. Prior to submitting an offer, buyer(s) are encouraged to verify the intended use of the property with the City to the satisfaction of buyer(s). Buyer(s) must submit an offer in writing via mail or electronically (preferred) to:
Kosmont Realty (License # 02058445)*
Attn: Mr. Brian Moncrief, Senior Managing Director
1230 Rosecrans Ave., Ste 630
Manhattan Beach, CA 90266