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EXHIBIT 3 <br />\ /al4.t-LJ a Public Pay Parking Lot <br />V <br />\`.;. U UC� SUMMARY OF SALIENT FACTS <br />�! PROPERTY ADVISORS <br />Summary of Salient Facts <br />Property Name: Public Pay Parking Lot <br />Address: 830 N. Parton Street <br />Santa Ana, Orange County, California 92706 <br />Assessor's Parcel Number: 005-142-21 <br />Property Rights Appraised: Fee Simple <br />Property Owner: Community Redevelopment Agency/City of Santa Ana <br />Site Size: 0.09 acres (3,929 square feet) <br />Zoning: P - Professional <br />Flood Zone: Zone X (500 -year) <br />Highest and Best Use <br />As Vacant: Hold for Development of Office <br />As Improved: Current Use: Public Parking Lot <br />Date of Report: <br />Effective Date of Value: <br />Estimated Exposure Time: <br />November 10, 2016 <br />October 18, 2016 <br />VALUE INDICATIONS <br />Extraordinary Assumptions: <br />• None <br />Hypothetical Conditions: <br />None <br />3 to 6 months <br />© 2015 VALBRIDGE PROPERTY ADVISORS I Penner and Associates, Inc. <br />SA4-27 <br />Page ii <br />