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HomeMy WebLinkAbout20191212_ApplicationPA2019-259 2700-5000 Acct. Deposit Acct. No. ________________________ For Deposit Account: Fee Pd: _______________________________________ Receipt No: ____________________________ FOR OFFICE USE ONLY Date Filed: _______________________ APN No: __________________________ Council District No.: _________________ General Plan Designation: ____________ Zoning District: _____________________ Coastal Zone: Yes No Check #: __________ Visa MC Amex # ____________ CDM Residents Association and Chamber Community Association(s): _______________________Development No: __________________________ _____________________________________________Project No: ________________________________ _____________________________________________Activity No: _______________________________ Related Permits: ___________________________ Remarks: ________________________________________________________________________________________ PA2019-259 PA2019-259 PA2019-259 PA2019-259 PA2019-259 Real Estate Reports Property: 5000 Birch St Newport Beach, CA 92660 APN: 445-131-19 Data deemed reliable, but not guaranteed. 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PA2019-259 John Hancock Life Insurance Company Usa 5000 Birch St, Newport Beach, CA 92660 Owner Information Primary Owner: JOHN HANCOCK LIFE INSURANCE COMPANY USA Mail Address: 865 S FIGUEROA ST STE 3320 LOS ANGELES CA 90017 Assessor Parcel Number: 445-131-19 Census Tract: 0626.1 O Lot Number: Property Details Secondary Owner: Site Address: 5000 BIRCH ST APN: 445-131-19 Orange County NEWPORT BEACH CA 92660 Housing Tract Number: Legal description: Abbreviated Description: P BK 181 PG 13 PAR 5 Sale Information Sale Date: 11/04/2015 Seller: CORNERSTONE PARTNERS IV LLC Assessment & Tax Information Assessed Value: $80,440,320 Homeowner Exemption: Tax Amount: $938,695.00 Tax Rate Area: 7-088 Property Characteristics Bedrooms: Bathrooms: Partial Baths: Total Rooms: Property Type: Commercial Document#:2015000572676 Sale Type: Land Value: $31,896,729 % Improvement: 60.35% Tax Status: Current Tax Account ID: Year Built: Square Feet: Number of Units: O Garage: Use Code: Commercial Building, Mail Order, Show Room (Non-auto), Commercial Whse Sale Amount: N/A Cost/SF: Imp. Value: $48,543,591 Tax Year: 2019 Pool: Lot Size: 2.31 AC No of Stories: Fire Place: Building Style: Zoning: Owner Exclusions: PA2019-259 John Hancock Life Insurance Company Usa 5000 Birch St, Newport Beach, CA 92660 Prior Transfer Recording Date: 11/04/2015 Price: NIA Multiple Parcels Involved In This Transaction First TD: N/A Mortgage Doc#: Lender Name: Transaction History APN: 445-131-19 Orange County Document #: 2015000572676 BK-PG - Document Type: Grant Deed Type of Sale: Price Undetermined Interest Rate: Buyer Name: JOHN HANCOCK LIFE INSURANCE COMPANY USA Buyer Vesting: Seller Name: CORNERSTONE PARTNERS IV LLC Legal description: Lot: 4&5 Map Ref: PM181 PG13-19 City/Muni/Twp: NEWPORT BEACH Mortgage Record Recording Date: 06/26/2009 Loan Amount: $150,000 TD Due Date: Interest Rate: Lender Name: INSITE REALTY ADVISORS Lender Type: Other Borrowers Name: MAKHLOUF, ANNE Document#: 2009000337753 BK-PG - Loan Type: Commercial Loan Type of Financing: Vesting: Married Woman As Her Sole And Separate Property PA2019-259 THIS IIAP it.dS PRfPAf/fD FIJil f/!iANC£ CDIJNTY ASSESSOR or.0 r. 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THE ASSE:SSOII I/AKES Ill) C/JAWITE:E AS TO A/IY liAiJ/UTY MARCH t97J 12 /RV/NE SlJB, TRACT NO, 795J TRACT NO, 8762 PARCEL I/AP PARCEL I/AP PARCEL .I/AP M,M, 1-88 M.11. 310-1 to 11 incl, M,M, 350-24, 25, 26 P,M, 47-22, 60-14, 107-10, 114-22, P,M, 181-tJ, 188-38, 206-8, 266-Pl, P,11, 352-9, 376-4, 381-20 ~ NOTE -IISSESSOR'S BLOCK 4 PIIRCEL NUMBfRS SHOWN IN CIRCLES 07 445-1 3 ~ ~ ASSESSOR'S MAP BOOK 445 PAGE 13 COUNTY OF ORANGE ,. -300' I " I i I !@:w~/ ~r D it:;r~<-ir:' 't ~-J • ~r!~i :~.{;./:·-~--~~~:~: 1r ~ cn CD en en 0 ' s: 0 ru '"O 5·1~ -I CJ :;; "Tl PA2019-259 WHEN RECORDED MAIL TO: John Hancock Life Insurance Company (U.S.A.) 865 South Figueroa Street, Suite 3320 Los Angeles, California 90017 Attention: Manager Administration MAIL TAX STATEMENTS TO: John Hancock Life Insurance Company (U.S.A.) 865 South Figuerna Street, Suite 3320 Los Angeles, California 90017 Attention: Manager Administration NCS 74ho\ o APN: 445-131-18 445-131-19 The undersigned declares: The amount of tax due is $114,950.00 Recorded in Official Records, Orange County Hugh Nguyen, Clerk-Recorder I IIIII I I IIIIII Ill lllll lllll lllll lllll lllll lllll lllll lllll lllll 11111111111116 1, 00 * $ R O O O 7 9 4 2 4 8 5 $ * 2015000572676 12:46 pm 11/04/15 48 401 010 6 07 57475.00 57475.00 20.0020.0015.00 0.00 0.00 0.00 (Space above this line is for recorder's use) X Computed on full value of property conveyed, or Computed on full value less liens and encumbrances remaining at time of sale. Property described in this document is located in ( ) unincorporated area of the County of ________ _ ( x) City of Newport Beach GRANT DEED FOR VALUE RECEIVED, CORNERSTONE PARTNERS, IV, LLC, a Delaware limited liability company ("Grantor"), hereby grants to JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.), a Michigan corporation ("Grantee''), that certain real property (the "Property") situated in the City of Newport Beach, County of Orange, State of California, described.in Exhibit "A" attached hereto and incorporated by reference, together with all easements, hereditaments and appurtenances thereto and all improvements situated thereon. THE PROPERTY IS CONVEYED TO GRANTEE SUBJECT TO: (a) all recorded encumbrances, easements, covenants, conditions and restrictions; (b) all matters which would be revealed or disclosed in an accurate survey of the Property; and ( c) liens for taxes on real property not yet delinquent, and liens for any general or special assessments of record against the Property not yet delinquent. SMRH:473429728.4 ~1- PA2019-259 IN WITNESS WHEREOF, the undersigned Grantor has executed this Grant Deed as of November -4-, 2015. . . CORNERSTONE PARTNERS, IV, LLC, a Delaware limited liability company By: Cornerstone Real Estate Advisers LLC, its Authorized Agent SMRH:473429728.4 -2- PA2019-259 A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State ofCalifomi¼ · County of l_Q)~ eJes ) ) On Na_ V. ~ 1 @ )~ , q fore ive, --=--------~-------' a Notary Public, personally appeared ~(l( K_ , who proved to me on the basis of satisfactory evidence to be the erso1)k's) whose· name(,s) (P/are subscribed to the within instrnment and acknow]edge_d to me that ~hel4Rey executed the same in~/1::i-erfthci.r authorized capacity(iis)~ and that by@hefftheir signaturef} on the instrument the person}-4 or the entity upon behalf of which the personJ-81 acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and otticial seal. SMRH:473429728.4 -1- PA2019-259 EXHIBIT A LEGAL DESCRIPTION That certain real property situated in the City of Newport Beach, County of Orange, State of California, and described as follows: PARCEL A: PARCELS 4 AND 5, AS SHOWN ON A MAP FILED IN BOOK 181, PAGES 13 THROUGH 19 INCLUSIVE OF PARCEL MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. EXCEPT ALL MINERAL RIGHTS, NOT HERETOFORE OTHERWISE CONVEYED OR RESERVED BY AETNA LIFE INSURANCE COMPANY, INCLUDING WITHOUT LIMITATION, ALL OIL, GAS, HYDROCARBON AND SIMILAR RIGHTS, AND ALL WATER, WATER RIGHTS, GEOTHERMAL STEAM AND STEAM POWER, WITHIN OR UNDERLYING THE REAL PROPERTY DESCRIBED HEREIN AS PARCEL A, TOGETHER WITH THE PERPETUAL RIGHT OF DEVELOPMENT THEREOF; PROVIDED, HOWEVER, THAT THE RIGHTS HEREIN RESERVED AND EXCEPTED DO ,NOT INCLUDE THE RIGHT TO ENTER UPON THE SURF ACE AND THE TOP 500 FEET OF THE SUBSURFACE OF THE REAL PROPERTY DESCRIBED HEREJN AS. PARCEL A, AS RESERVED IN THE DEED FROM AETNA LIFE INSURANCE COMPANY,•·. RECORDED JANUARY 31, 1984 AS INSTRUMENT NO. 84-043412 OF OFFICIAL RECORDS. PARCEL B: APPURTENANT NON-EXCLUSIVE EASEMENTS IN PERPETUITY FOR THE BENEFIT OF PARCEL "A" FOR PURPOSES OF (I) CONSTRUCTION, INSTALLATION, MAINTENANCE, REMOVAL, REPLACEMENT, OPERATION AND USE OF ALL UTILITIES SERVICING PARCEL "A"; (II) INGRESS AND EGRESS FROM MACARTHUR BOULEY ARD AND VON KARMAN A VENUE TO PARCEL "A" OVER AND ACROSS ALL PRIVATE DRIVEWAYS AS MAY, FROM TIME TO TIME BE ESTABLISHED OVER AND ON THE PROPERTY INCLUDED WITHIN THE PARCEL MAPS IDENTIFIED IN THE DECLARATION; (III) AUTOMOBILE PARKING ON AND IN ALL "COMMON PARKING AREAS" AS SAID TERM IS DEFINED IN THE HEREINAFTER REFERENCED DECLARATION. THE "DECLARATION" REFERRED TO ABOVE IS THAT CERTAIN DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS OF KOLL CENTER NEWPORT DATED AS OF JUNE 18, 1973 AND RECORDED JULY 20, 1973 IN BOOK 10811, PAGE 683 OF OFFICIAL RECORDS OF ORANGE COUNTY, CALIFORNIA; AS AMENDED BY A FIRST AMENDMENT TO DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS DATED JANUARY 24, 1974 AND RECORDED JANUARY 30, 1974 IN BOOK 11066, PAGE 822 OF OFFICIAL RECORDS OF ORANGE COUNTY, CALIFORNIA; A SECOND AMENDMENT TO THE DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS DATED JANUARY 10, 1975 AND RECORDED JANUARY 15, 1975 IN BOOK 11323, PAGE 916 OF OFFICIAL RECORDS OF SMRH:473429728.4 -1- PA2019-259 ORANGE COUNTY, CALIFORNIA; A THIRD AMENDMENT TO THE DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS DATED AUGUST 26, 1996 AND RECORDED AQGUST 26, 1996 AS INSTRUMENT NO. 19960436398 OF OFFICIAL RECORDS OF ORANGE COUNTY, CALIFORNIA AND A FOURTH AMENDMENT RECORDED JUNE 13, 1997 AS INSTRUMENT NO. 19970273424 OF OFFICIAL RECORDS. APN: 445-131-18 (Affects Parcel 4) and 445-131-19 (Affects Parcel 5) SMRH:473429728.4 -2- PA2019-259