Thursday, July 16, 2009
Contact: Public Information Officer Stacy Keck
Phone: (619) 688-6670
Caltrans to Auction Excess Land
SAN DIEGO – Three vacant parcels and a landmark mobile home resort will be going on the auction block next week, and are expected to bring much needed revenue for the state of California.
The public auction is set for Wednesday, July 22 at the Caltrans Office Complex at 4050 Taylor Street in Old Town San Diego. Doors open at 7:30.
A sealed-bid auction will feature a 9,544-square-foot property located at Rojo Tierra Road near the intersection of Riviera Drive in La Mesa, with a starting bid of $82,500. There is also an 89,840-square-foot parcel located on Palm Street at Camino de las Palmas in Lemon Grove, with a starting bid of $93,000; and a 15,966-square-foot parcel on Via Zapador in Santee, starting at $198,000. All sealed bids must be received by 9 a.m. on July 22. The bid opening time for all three parcels is 11 a.m.
Registration for the oral auction for the Town & Country Mobile Lodge starts at 9 a.m. The California Department of Transportation (Caltrans) owns the five-acre property, purchased because a portion of the property was needed for the State Route 52 Sunny Side Gateway Project. The starting bid is $1.6 million.
The mobile home park is located at the northwest corner of Prospect and Cottonwood avenues in Santee. It includes a community clubhouse, heated pool, laundry facility and 48 mobile home spaces, with the potential for seven more spaces.
The park generates rental income from the rental of 48 spaces. It is under city rent control ordinances and must remain in its current state for the next 10 years. The property was built in 1968. It recently underwent some refurbishment that included new laundry facilities, trash enclosures, and updated sewer and water lines.
A registration fee of $100,000 is required for the mobile home park auction and should be in the form of cashier’s check, certified check or money order payable to the California Department of Transportation. An Option Deposit of 10 percent of the winning bid will be due within five working days of the auction.
Registration fees will be applied to the deposit for the winning bidder and will be returned to non-winning bidders. All sales are subject to approval by the California Transportation Committee.
The mobile home park became excess when Caltrans determined that it would no longer be necessary for the SR-52 construction project. Proceeds from the sale of excess land are deposited into the Public Transit Account and used for transit projects.
For more information about the auction, please see the auction brochures at www.dot.ca.gov/property.
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