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55A - RESO - BRISTOL ST RELOCATION PHASE 3A
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05/17/2016
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55A - RESO - BRISTOL ST RELOCATION PHASE 3A
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Last modified
5/12/2016 2:30:19 PM
Creation date
5/13/2016 8:51:42 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
55A
Date
5/17/2016
Destruction Year
2021
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Table 5: Availability and Cost of Replacement Rental Housing (Conventional) <br />Number <br />..- <br />Number <br />®. <br />a <br />Bedrooms <br />. - <br />• - <br />City <br />Price Range Lease <br />Two <br />SFR <br />4 <br />Anaheim, Orange <br />$1,800 - $2,800 <br />Three <br />SFR <br />10 <br />Santa Ana, Garden Grove, <br />$2,499 - $3,800 <br />Fountain Valley, Orange, <br />Tustin <br />Four <br />SFR <br />6 <br />Santa Ana, Fountain Valley, <br />$2,550 - $3,975 <br />Tustin <br />Five <br />SFR <br />4 <br />Santa Ana, Orange, Tustin <br />$2,750 - $5,500 <br />Source: Multiple Listing Service and Zillow, accessed March 2016. <br />The rent ranges identified in the table above are among the figures used to make benefit and <br />budget projections for this Plan. The variances in the rent range are a result of age, condition, <br />size, and locational factors. Rates are subject to change according to the market rates prevailing <br />at the time of displacement. Exhibit D provides a detailed list of available housing for rent and <br />for sale. <br />Table 6: Availability and Cost of Single- Family Residences for Sale <br />Source: Multiple Listing Service, accessed March 2016 <br />z. Commercial Space Availability <br />The availability of retail space in the City of Santa Ana and the surrounding communities was <br />researched through commercial real estate listing resources. Tables 7 and 8 below summarize <br />the availability of various types of commercial properties for lease and sale in the City of Santa <br />Ana and the surrounding areas. Exhibit E provides a detailed list of available commercial space. <br />11 <br />55A -23 <br />.. <br />®. <br />... <br />Two <br />SFR <br />5 Santa Ana <br />$350-$5 50 <br />Three <br />SFR <br />14 Santa Ana <br />$375-$725 <br />Four <br />SFR <br />6 Santa Ana <br />$417-$599 <br />Source: Multiple Listing Service, accessed March 2016 <br />z. Commercial Space Availability <br />The availability of retail space in the City of Santa Ana and the surrounding communities was <br />researched through commercial real estate listing resources. Tables 7 and 8 below summarize <br />the availability of various types of commercial properties for lease and sale in the City of Santa <br />Ana and the surrounding areas. Exhibit E provides a detailed list of available commercial space. <br />11 <br />55A -23 <br />
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