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INCOCOMMERCIAL.COM6621 E. Pacific Coast Hwy., Suite 280

Long Beach, CA 90803562.498.3395 | DRE#01359006

This information contained herein was obtained from third parties, and has not been independently verified By real estate brokers. Buyers and tenants should have experts oftheir choice inspect the property and verify all Information. Real Estate Brokers are not qualified to act as or select experts with respect to legal, tax, environmental, buildingconstruction, soil drainage or other such matters.

Jerry Ristrom // 562.296.1329 // [email protected] // BRE 01989222

Paul Phillips // 562.296.1301 // [email protected]// BRE 01119053

MIXED USE HOUSING DEVELOPMENT OPPORTUNITY

10560-10576 & 10578 Magnolia Avenue, Stanton

(APN: 127-461-03 & 127-461-04)

CERRITOS AVE

MA

GN

OLIA

AV

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APN 127-461-03

APN 127-461-04

OFFERING SUMMARY 3

PROPERTY INFORMATION 4

PROPERTY PHOTOS 7

LOCATION INFORMATION 8

DEMOGRAPHICS 9

CITY ZONING MAP 12


6621 E. Pacific Coast Hwy., Suite 280, Long Beach, CA 90803 | 562.498.3395 | BRE#01359006

TABLE OF CONTENTS

All materials and information received or derived from INCO Commercial its directors,officers, agents, advisors, affiliates and/or any third party sources are provided withoutrepresentation or warranty as to completeness, veracity, or accuracy, condition of theproperty, compliance or lack of compliance with applicable governmental requirements,developability or suitability, financial performance of the property, projected financialperformance of the property for any party’s intended use or any and all other matters.Neither INCO Commercial its directors, officers, agents, advisors, or affiliates makes anyrepresentation or warranty, express or implied, as to accuracy or completeness of the anymaterials or information provided, derived, or received. Materials and information from anysource, whether written or verbal, that may be furnished for review are not a substitute for aparty’s active conduct of its own due diligence to determine these and other matters ofsignificance to such party. INCO Commercial will not investigate or verify any such matters orconduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify allinformation and to conduct their own inspections and investigations including throughappropriate third party independent professionals selected by such party. All financial datashould be verified by the party including by obtaining and reading applicable documents andreports and consulting appropriate independent professionals. INCO Commercial makes nowarranties and/or representations regarding the veracity, completeness, or relevance of anyfinancial data or assumptions. INCO Commercial does not serve as a financial advisor to anyparty regarding any proposed transaction. All data and assumptions regarding financialperformance, including that used for financial modeling purposes, may differ from actual dataor performance. Any estimates of market rents and/or projected rents that may be providedto a party do not necessarily mean that rents can be established at or increased to that level.Parties must evaluate any applicable contractual and governmental limitations as well asmarket conditions, vacancy factors and other issues in order to determine rents from or forthe property.

Legal questions should be discussed by the party with an attorney. Tax questions should bediscussed by the party with a certified public accountant or tax attorney. Title questionsshould be discussed by the party with a title officer or attorney. Questions regarding thecondition of the property and whether the property complies with applicable governmentalrequirements should be discussed by the party with appropriate engineers, architects,contractors, other consultants and governmental agencies. All properties and services aremarketed by INCO Commercial in compliance with all applicable fair housing and equalopportunity laws.

CONFIDENTIALITY & DISCLAIMERCONTENTS

PRESENTED BY:

JERRY RISTROM

Associate

O: 562-498-3395

C: 310-593-1951

E: [email protected]

PAUL PHILLIPS

Senior Associate

O: 562-498-3395

C: 562-818-1392

E: [email protected]



This information contained herein was obtained from third parties, and has not been independently verified By real estate brokers. Buyers and tenants should have experts oftheir choice inspect the property and verify all Information. Real Estate Brokers are not qualified to act as or select experts with respect to legal, tax, environmental, buildingconstruction, soil drainage or other such matters.

This information contained herein was obtained from third parties, and has not been independently verified By real estate brokers. Buyers and tenantsshould have experts of their choice inspect the property and verify all Information. Real Estate Brokers are not qualified to act as or select experts withrespect to legal, tax, environmental, building construction, soil drainage or other such matters.



OFFERING SUMMARY

OFFERING SUMMARY

Section : 1



INCO Commercial is pleased to represent the owners of Magnolia Plaza in the sale of their Commercial

Shopping Center located at 10560-10576 & 10578 Magnolia Avenue in the City of Stanton.

Approximate Land Size: (2.3 Acres) 101,362 square feet

Approximate Building Size: 30,539 square feet

APN# 127-461-03: Consists of approximately 86,685 square feet of land with a two-story, multi-

tenant building with Retail Tenants on the ground floor and Office Tenants upstairs. The

approximate size of the building is 29,280 square feet. The building is fully occupied. All

leases have reverted to Month to Month agreements.

APN# 127-461-04: Consists of Approximately 14,677 square feet of land with a free-standing,

single tenant auto smog testing building of approximately 1,359 square feet. The current

lease expires May 1, 2022 with a five (5) year option to renew.

The current zoning for the property is Commercial General with a Residential Overlay for the

development of housing. (General Mixed-Use (GLMX) Overlay Zone)

The property is being offered unpriced. Development proposals should indicate product type,

proposed density, buyer’s experience and financial qualification for completion of the project.


Section : 2



PROPERTY INFORMATION



CERRITOS AVE

MA

GN

OLIA

AV

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APN 127-461-03APN

127-461-04


MAGNOLIA PLAZA

10560 – 10576 & 10578 Magnolia Avenue

Stanton, California 90680

Mailing Address for Postal Service:

10560-10578 Magnolia Avenue

Anaheim, California 92804

PROPERTY SIZE:

Approximate Land Size: (2.32 Acres) 101,362 square feet

Approximate Building Size: 30,539 square feet

APN# 127-461-03: Consists of approximately 86,685 square feet of land with a two-story, multi-

tenant building with Retail Tenants on the ground floor and Office Tenants upstairs. The

approximate size of the building is 29,280 square feet. The building is fully occupied. All leases

have reverted to Month to Month agreements.

APN# 127-461-04: Consists of Approximately 14,677 square feet of land with a free-standing, single

tenant auto smog testing building of approximately 1,359 square feet. The current lease expires

May 1, 2022 with a five (5) year option to renew.

CURRENT ZONING:

Commercial General with a Residential Overlay for the development of housing.

(General Mixed-Use (GLMX) Overlay Zone)

PURCHASE PRICE:

Unpriced (Development proposals should indicate product type and proposed density.)

Section : 3


PROPERTY PHOTOS




Not a Part

APN 127-461-04

APN 127-461-03

APN 127-461-04

APN 127-461-04


Section : 4



LOCATION INFORMATION




Section: 5



DEMOGRAPHICS



CERRITOS AVE

MA

GN

OLIA

AV

E

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APN 127-461-04


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Section: 6



CITY ZONING MAP



CERRITOS AVE

MA

GN

OLIA

AV

E

APN 127-461-03

APN 127-461-04


10560-10576 & 10578 Magnolia Ave., Stanton CA 90680

Commercial General Zone with a General Mixed Use Overlay

12/5/2018 20.230.050 Mixed-Use Overlay Zone Development Standards

http://www.qcode.us/codes/stanton/ 1/8

Stanton Municipal CodeUp Previous Next Main Search Print No Frames

Title 20 ZONING Article 2 Zones, Allowed Uses, and Zone-Specific Standards Chapter 20.230 MIXED-USE OVERLAY ZONES

20.230.050 Mixed-Use Overlay Zone Development Standards

This Section provides standards that govern mixed-use development on properties located in the Mixed-Use OverlayZones. For the purposes of this Zoning Code, mixed-use projects shall comply with nonresidential standards when nomixed-use standards exist.

A. Integration of uses.1. Integration defined. Potential ways to integrate the uses allowed in the GLMX, NGMX, and SGMXoverlay zones include:

a. Vertical integration. A mix of nonresidential uses (i.e., commercial, retail, and/or office) located onthe ground floor with residential dwelling units located above.b. Horizontal integration. A mix of nonresidential uses located on the primary street frontage of a lotand residential uses located at the rear of a lot.c. Combined approach. A combination of vertical and horizontal integration of nonresidential andresidential uses.

2. Integration in the General Mixed-Use (-GLMX) Overlay Zone. In the GLMX Overlay Zone,nonresidential and residential uses shall be vertically integrated whenever possible. Appropriate residentialdevelopment includes multi-family residential uses located above or behind commercial or office uses.Appropriate commercial development includes ground-floor level retail and office uses. Stand-alone multi-family development and nonresidential development are allowed as a component of a mixed-use project that isdesigned as an integrated development with different uses in multiple buildings. Stand-alone residentialdevelopment may be permitted, subject to approval of a Conditional Use Permit, for properties that are aminimum distance of 500 feet away from intersections of Principal, Major, Primary, or Secondary arterialstreets as defined in the Stanton General Plan, measured from the face of the nearest curb.3. Integration in the North Gateway Mixed-Use (-NGMX) Overlay Zone. In the NGMX Overlay Zone,both vertical and horizontal integration of nonresidential and residential uses shall be allowed. Commercial orlive-work uses are encouraged on the ground floor of buildings facing Beach Boulevard with office orresidential components on upper floors. Stand-alone commercial development is also allowed facing BeachBoulevard. Stand-alone multi-family residential development is allowed in other locations. Only residentialuses are allowed to face Fern Street in order to provide a transition between the mixed-use area and adjacentsingle-family residential zones. Multi-family residential uses are encouraged to serve as a transition betweenthose nonresidential uses and adjacent single-family residential development.4. Integration in the South Gateway Mixed-Use (-SGMX) Overlay Zone. In the SGMX Overlay Zone,both vertical and/or horizontal integration of nonresidential and residential uses shall be allowed subject to thefollowing:

a. Lots of one (1) acre or greater. Lots of one (1) acre or greater in total net area shall provide avertical and/or horizontal mix of nonresidential and residential uses.b. Lots of less than one (1) acre. Lots of less than one (1) acre in total net area may provide:

(1) A vertical and/or horizontal mix of commercial and residential uses;(2) Stand-alone commercial projects; or(3) Stand-alone residential projects, except for lots fronting Beach Boulevard where no stand-alone residential projects shall be allowed.

B. Applicable development standards. Mixed-use development shall comply with the development standardsin this Chapter; Article 3 (Site Planning and Development Standards), e.g., landscaping, parking and loading, signs,

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etc.; and Article 4 (Standards for Specific Land Uses), e.g., mixed-use development, multi-family development, live-work units, outdoor dining, etc.

Table 2-12 - Development Standards for Mixed-Use Overlay Zones

Development FeaturesGeneral

GLMX

North Gateway

NGMX

South Gateway

SGMX

Target Density Range Density range for residential uses expressed as dwelling units per NET acre.

Residential Uses 25 - 45 du/ac 25 - 45 du/ac 30 - 60 du/ac

Target Intensity Range Floor area ratio (FAR) for nonresidential uses

Nonresidential Uses (1) 1.0 - 2.0 1.0 - 2.0 1.5 - 3.0

Site Area StandardMinimum required development site area for any horizontally or vertically integrated mixed-useproject.

Any mixed-use project 40,000 sq ft (2) 30,000 sq ft (2) 50,000 sq ft (2)

Lot StandardsMinimum dimensions required for each newly created lot; see “Lot” in Section 20.700.120 (“L”Definitions); see Figure 2-4.

Lot Width (A) 100 ft 100 ft 200 ft

Lot Depth (B) 100 ft 100 ft 200 ft

Block StandardsMaximum dimensions required for each newly created block as measured from edge of right-of-wayline; see “Block” in Section 20.700.020 (“B” Definitions); see Figure 2-5.

Block Length (C) 600 ft 500 ft 600 ft

Block Perimeter (D) 1,600 ft 1,500 ft 1,600 ft

Building Placement Standards

Build-to-Zone (BTZ)The area between the minimum and maximum setbacks within which the principal building’s frontfaçade (building façade line) is to be located; see “Build-to-Zone” in Section 20.700.020 (“B”Definitions); see Figure 2-6.

Front (3) (E)

Along Beach, Chapman, and Katella0 - 15 ft 0 - 15 ft 0 - 10 ft

Front (3) (F)

All other Streets5 - 15 ft 5 - 15 ft 0 - 10 ft

Street Side Setback (3) (G) 5 - 15 ft 0 - 15 ft 0 - 10 ft

Setback StandardsMinimum and maximum required setbacks; see Section 20.305.070 (Setback Areas and AllowedEncroachments/Projections); see Figure 2-7.

Front Setback (H)

Along Beach, Chapman, and Katella0 ft (min); 15 ft (max) 0 ft (min); 15 ft (max) 0 ft (min); 10 ft (max)

Front Setback (I)

All other Streets5 ft (min); 15 ft (max) 5 ft (min); 15 ft (max) 0 ft (min); 10 ft (max)

Street Side Setback (J) 5 ft (min); 15 ft (max) 0 ft (min); 15 ft (max) 0 ft (min); 10 ft (max)

Interior Side Setback (K) 10 ft min; No max 5 ft min; No max 5 ft min; No max

Rear Setback (L) 10 ft min; No max 10 ft min; No max 10 ft min; No max

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Building Frontage Length% of building built to Build-to-Zone (BTZ). See “Build-to-Zone” in Section 20.700.020 (“B”Definitions); see Figure 2-8.

Within 150 ft of street intersections (M) 65% 65% 65%

Over 150 ft from street intersections (N) 50% 50% 50%

Building StandardsSee “Basements” in § 20.700.020 (“B” Definitions) and “Mezzanines/Lofts” in Section 20.700.130(“M” Definitions); see Figure 2-9.

Number of Stories (4) (O) 3 max 3 max 5 max

Maximum Height (4) (P) 45 ft max 45 ft 65 ft

Basements (Q) Allowed Allowed Allowed

Mezzanines/Lofts (5) (R) Allowed Allowed Allowed

Table 2-12 - Development Standards for Mixed-Use Overlay Zones (cont’d)

Development FeaturesGeneral

GLMX

North Gateway

NGMX

South Gateway

SGMX

Building Frontage Types See Section 20.230.060 (Building Frontage Type Standards).

Along Beach, Chapman, and Katellawithin 150 ft of Intersections (S)

Live-Work

Office

Storefront

Live-Work

Office

Storefront

1st Floor/Upper Floors

Office

Storefront

Upper Floors Only

Residential

Elsewhere (T)Live-Work

Office

Residential

Storefront

Live-Work

Office

Residential

Storefront

All Floors

Live-Work

Office

Residential

Storefront

Site Planning Standards

Parking Standards See Figure 2-10 and Section 20.420.215 (Mixed-Use Development).

Surface Parking (U)20 ft min setback from front andside lot lines

20 ft min setback from front andside lot lines

20 ft min setback from front andside lot lines

Garage / Tuck-Under Parking (V) Prohibited along front lot lines Prohibited along front lot lines Prohibited along front lot lines

Underground / Podium Parking (W)Allowed beneath buildingfootprint

Allowed beneath buildingfootprint

Allowed beneath buildingfootprint

Above-Ground Parking Structure (6) (X)Allowed if screened from viewsfrom public rights-of-way andAdjacent Residential Properties

Allowed if screened from viewsfrom public rights-of-way andAdjacent Residential Properties

Allowed if screened from viewsfrom Beach Blvd

Open Space Standards

Publicly-Accessible Open Space(nonresidential)

See Section 20.230.070 (Open Space Standards - Publicly-Accessible Open Space) and Section20.420.215 (Mixed-Use Development).

Minimum 10% of net lot area Minimum 15% of net lot area Minimum 10% of net lot area

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Common and Private Open Space (multi-family residential)

Minimum open space required for horizontally and vertically integrated mixed-use development. SeeSection 20.230.080 (Open Space Standards - Private/Common Open Space) and Section 20.420.215(Mixed-Use Development). For stand-alone multi-family development, see Chapter 20.420 (Multi-Family Development).

15% of total floor area of dwelling units

Notes:

(1) Podium and underground parking is not counted toward floor area ratio (FAR).

(2) New lots less than 30,000 square feet may be allowed provided that the lots are designed as part of a larger development project and are fullyintegrated into the larger development by means of access, circulation, parking, landscape theme, signage, and overall project design and that theoverall development project complies with the minimum required density or intensity standards.

(3) Any frontage along Beach Boulevard and Katella Avenue not defined by a building within the Build-to-Zone shall be defined by a four-foothigh Street Screen, as defined in Section 20.700.190 (“S” Definitions).

(4) Provide a transition to adjacent residential uses by reducing building height and increasing building setbacks where necessary.

(5) Mezzanines and lofts shall not be counted as a floor if less than 1/3 of the unit’s floor area.

(6) Minimum interior depth of building liner space that wraps the exterior of above-ground parking structures facing Beach Boulevard shall be 30feet, as measured from the building façade line as defined in Section 20.700.020 (“B” Definitions).

Figure 2-4Lot Standards

Figure 2-5

Block Standards



Figure 2-6

Build-to-Zone Standards

Figure 2-7

Setback Standards



Figure 2-8Building Frontage Length



Figure 2-9

Building Standards and Building Frontage Types

Figure 2-10Parking Standards



(Ord. 1017, 2013)

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