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We are pleased to present 2700 White Lane, a 149-unit studio apartment community situated at the Highway 99 interchange in Southwest Bakersfield's Wible Orchard neighborhood. Originally constructed in 1965 as a Howard Johnson hotel, the property has been converted to multifamily use under Conditional Use Permit 23-0642, approved by the Bakersfield Planning Commission on February 29, 2024. The asset is being offered as a court-supervised sale through a receivership, presenting a compelling heavy value-add opportunity with a defined scope of remaining work, strong rental comparables, and deep Section 8 demand.The two-story, L-shaped property encompasses approximately 61,500 square feet of building area across 149 studio units averaging approximately 400 square feet each, with kitchenettes in a hotel-conversion format and exterior corridors. The site features a kidney-shaped swimming pool and a large surface parking lot. The property benefits from exceptional freeway visibility, with Highway 99 carrying more than 170,000 vehicles per day, and direct access from White Lane, one of Southwest Bakersfield's primary east-west arterials. Valley Plaza Mall is approximately two miles east and Downtown Bakersfield approximately five miles northeast.The property currently operates at 65.1% occupancy, with 97 units leased and 52 vacant (including 4 on notice and 2 in eviction). Approximately 40% of occupied units (~39 units) are leased to Section 8 voucher holders, and the Bakersfield Housing Authority has approved contract rents at this address ranging from $975 to $1,095 per month. This voucher concentration represents a strategic asset: Section 8 demand in the Southwest Bakersfield submarket is strong, providing a reliable tenant pipeline once the property achieves full CUP compliance and professional stabilization. Market rent support is anchored by Ming Tree Apartments at 5601 Ming Avenue, which achieves $1,075 per month for studios 2.5 miles from the subject on a comparable commercial corridor. This figure represents current achievable market rent, not a projection. Same-ZIP-code comparables in the 93304 area average $1,057 per month unadjusted, while the broader Southwest Bakersfield studio market (93309) averages $1,046 per month adjusted. A stabilized rent assumption of $1,075 per month is conservative relative to these benchmarks and falls $20 below the maximum Section 8-approved contract rent at the property.The single most significant risk mitigant in this transaction is that the remaining scope of work is defined and permitted. Fire sprinklers and alarm systems have been completed in accordance with the CUP, representing substantial life-safety capital already invested. The remaining CUP compliance items include five 8-by-20-foot masonry trash enclosures, six ADA parking stalls and path of travel, Los Carneros and White Lane sidewalk replacement, drive approaches and management signage, parking lot slurry seal and restripe, streetlight installation, landscaping, and perimeter security fence and gates. These items are specified in both the CUP punch list and a Patterson & Sons Construction estimate totaling approximately $745,000 for base construction (plans and permits excluded). Including permits, engineering, security fence, and contingency, buyers should underwrite $1.0M to $1.3M in total construction and soft costs. CUP-mandated impact fees, including a Park Development Fee of $312,155 plus Transportation Impact and Sewer Connection fees, are separate and typically addressed at closing through buyer responsibility, seller credit, or negotiated split.

Evanisko Realty & Investment, Inc., as exclusive advisor, is pleased to present the opportunity to acquire fee simple interest in 14920 Sherman Way (et. al. addressees) AKA the “Infill Canvas SFV” development site; a 2.44-acre transit-oriented development opportunity with frontage on two streets (Sherman and Kester) steps from the burgeoning transit intersection of Van Nuys Boulevard and Sherman Way. The planning department’s allotment of values appurtenant to the zoning (for example: CHIP ? MIIP ? TOIA ? T-2) will allow for more units and scope than one would likely execute – density will therefore be driven not by policy allowances but by desired construction typology and desired parking ratio. We look forward to proactive discourse with the market in our effort to select a buyer-partner who will envision a future painted with housing on this San Fernando Valley infill development canvas!

The Back Ranch at Circle K spans 349 acres of classic Happy Canyon topography -- rolling pastures, ridgeline trails, fenced corrals, and elevated privacy with panoramic views of the valley. This section of the ranch has historically served as the agricultural and livestock heart of the property, housing the ranch manager, equestrian and livestock infrastructure. Centered around an iconic 4-bedroom ranch house, it offers 360-degree views of Happy Canyon and large pastures. Supporting structures include a duplex, horse barn, fuel depot, and a large equipment barn, providing the backbone for agricultural, equestrian, or operational use. All three parcels of the Back Ranch qualify independently under the Santa Barbara Ag Enterprise Ordinance (AEO), enabling future flexibility for farmstays, camping, or food-service uses. A true Californian ranch canvas, the Back Ranch combines beauty, history, and functional scale for those seeking land, legacy, and freedom. Also available: The Front Ranch (1750 Rambling Oaks, Santa Ynez CA - 204 acres) at 14,950,000 and the full Circle K Ranch (7351 Happy Canyon Rd, Santa Ynez - 554 acres) at 24,750,000.

Seldom-available 3.54-acre ocean-view property located approximately 2 miles from the famous Moonlight Beach (a short bike ride to the beach!), backing directly to Encinitas Ranch Golf Course. Offered for the first time in 40 years, this rare property combines size, serenity, and paradise-like privacy with mature landscaping on a re-imagined private street of custom homes in one of Encinitas’ most desirable areas. Currently configured as an equestrian haven with seven custom corrals and stalls, an 80×160 riding arena, and a well-equipped barn, plus RV and trailer carport parking. Two separate electronic gate entrances from private roads enhance privacy and security, while the expansive usable grounds offer flexible potential, including an option to make this a multi-family compound. *Bedroom count includes ADU*

New offering of 3 parcels (APN 133-151-070, APN 133-151-069, APN 133-151-068) totaling just under 179+/- acres. Rancho Arroyo Perdido | Evergreen Arabians. Ideal for the equestrian enthusiast, vineyard developer, or anyone seeking a large-scale agricultural opportunity, this extraordinary estate in the heart of The Santa Ynez Valley Wine Country offers limitless potential, on 3 legal separate parcels.With over 75+/- acres of usable farmland, the property is well-suited for polo fields, vineyards, organic farming, or orchards--whatever your vision may be. At the center of the estate is a stunning 5,000+/- sq ft main residence blending refined country living with expansive views and luxurious amenities, including a private pool and spa. Additional residences include a charming casita, original 1940s farmhouse, ranch manager's home, and employee apartments, providing ample space for multi-generational living, guests, or staff. For equestrian pursuits, the ranch is equipped with world-class facilities including a 24,000+/- sq ft covered arena, stallion and mare barns, foaling barn with vet suite, breeding building with lab, multiple barns, round pen, presentation arena, horse pool, and hot walker. Dozens of stalls,turnouts, pastures, tack rooms, wash racks, hay storage, and workshop space round out the infrastructure. Private wells and a modern agricultural irrigation system support both residential and farming operations, including active oat, alfalfa, and grass hay fields. Gently rolling acreage, sandstone walls, ponds, glass atrium Greenhouse and a small personal orchard complete the picturesque setting.Whether you're an equestrian professional or a collector of legacy properties, this compound is a once-in-a-generation offering in the heart of Wine Country. Additional 11+/- acre parcel may be available for purchase, more details upon request.

Welcome to Sweet Oaks Ranch & Winery, an exceptional 26-acre estate set in the heart of Temecula Wine Country. Spanning two parcels, this remarkable property blends refined country living with equestrian amenities and an impressive lineup of recreational features. The ranch offers a primary residence, a spacious guest house, and two additional employee housing units—ideal for extended family, guests, staff, or on-site management. A striking 240,000-gallon lake anchors the property and creates a beautiful backdrop for events and special gatherings. Designed for both adventure and entertainment, the estate includes an ATV course, pickleball and basketball courts, and a full miniature golf course. Equestrian facilities are extensive, featuring two barns, 30 horse stalls, a Eurociser/horse walker, generous pasture space, and room for a variety of equestrian uses. Adding to the ranch’s unique character, the property is home to over 200 animals, offering an immersive, nature-focused experience. Zoned WC-E and CLASS 1 Equestrian establishment, Sweet Oaks Ranch is well suited for continued use as a winery or equestrian facility, with potential for future expansion. Whether you envision a private sanctuary, a working winery, or a premier equestrian retreat, this extraordinary estate offers the space, setting, and versatility to bring your vision to life.

SEALED BID SALE | BIDS TO BE DELIVERED TO: The Regents of the University of California Real Estate Services & Strategies 1111 Franklin St, 7th Floor Oakland, CA 94607-5200 ATTENTION: JULIE WONG NO LATER THAN 5PM PST ON APRIL 15, 2026 Perched high above the Pacific with panoramic views suspended between sea and sky, the former home of Theodor Seuss Geisel—known globally as Dr. Seuss, the most famous children’s author in the world—comes to market as one of La Jolla’s most storied residential offerings. Today, the property is widely regarded as one of the best view lots in all of Southern California, celebrated for its extraordinary elevation and sweeping coastal vistas. Originally designed in 1950 by master architect Thomas L. Shepherd, the estate was thoughtfully built around a pre-existing Spanish Revival observation tower dating back to 1923–1924, created to showcase the site’s remarkable outlook. From this hillside retreat, Geisel wrote 42 of his 68 published works, with the tower and adjoining office and study standing as enduring symbols of the property’s creative legacy. Both the observation tower and the office/study have been formally recognized for designation under the City of San Diego’s Historical Resource Board Criterion B and must remain. Extensively renovated while preserving its historic core, the 5,000+ square-foot estate sits on approximately 1.51 acres and includes a separate pool house, all positioned to capture breathtaking ocean, coastline, and sunset views. Located moments from the La Jolla Country Club, La Jolla Beach & Tennis Club, and the shops and dining of La Jolla Village, this is a truly rare opportunity where history, architecture, and setting converge. IMPORTANT NOTE: For all developers or potential buyers out there who are looking to do a lot split, tear down or complete renovation, the office and observation tower must remain.

Step into a coastal masterpiece offering over 4,000 sq ft of refined living space, where every room is framed by sweeping, unobstructed ocean views. This exceptional home blends luxurious upscale design and wellness with features including: Five expansive ocean-view decks, over 1,800 sq ft, with vistas stretching to La Jolla and iconic surf breaks. Private outdoor retreat with a large grassy yard, stunning european style grass-edge pool, and oversized hot tub. Designer finishes throughout featuring Forms & Surfaces "Sunburst" entry doors, custom cabinetry and hardware, lighting by Serge Mouille, Isamu Noguchi, and Lightolier Temperature-controlled wine room for the discerning collector - Luxury wellness amenities including an infrared sauna, steam room, and cold plunge. Dual laundry for ultimate convenience. A show-stopping primary suite with a Hollywood-inspired open shower and freestanding soaking tub, all overlooking the Pacific. Dramatic cascading waterwall feature from a custom copper roof. Every detail has been thoughtfully curated to create a seamless indoor-outdoor coastal lifestyle unlike any other.

The offering comprises an exceptional 1.57-acre development site located at 1051–1071 W 190th St, delivering a rare combination of scale, visibility, and strategic positioning within Harbor Gateway South—a submarket experiencing accelerated investment and tenant demand. With direct 405 Freeway frontage, the property commands continuous exposure to high traffic volumes and provides seamless access to the South Bay, Long Beach, and the greater Los Angeles employment centers. This site is surrounded by a robust amenity base featuring national retailers, service conveniences, and destination dining—anchored by nearby Enclave, a dynamic retail hub drawing consistent customer traffic. The area’s strong fundamentals, combined with steady population and job growth, continue to elevate the submarket’s appeal for residential development. A proposed zoning change currently underway would unlock the ability to develop a large multifamily community, making this a standout opportunity for developers seeking a marquee project with meaningful unit count potential. The parcel’s size, infill nature, and proximity to transportation corridors reinforce its competitive advantage in a region where development-ready land is increasingly scarce. With its compelling combination of visibility, accessibility, consumer demand, and zoning upside, this asset offers investors a best-in-class opportunity to capitalize on one of the South Bay's most strategically positioned development sites.