Loading...
LLA 2023-1000 Parcel A & B - CoveRECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: City of La Quinta 78-495 Calle Tampico La Quinta, Ca. 92253 DOC # 2023-0366020 12/08/2023 10:52 AM Fees: $0.00 Page 1 of 7 Recorded in Official Records County of Riverside Peter Aldana Assessor -County Clerk -Recorder **This document was electronically submitted to the County of Riverside for recording** Receipted by: MARIA VICTORIA #411 APN: 658-160-053, 658-160-054 (Space above this line for Recorder's use) Exempt recording fee pursuant to Govt. Code 6103. GRANT DEED LOT LINE ADJUSTMENT 2023-1000 THE UNDERSIGNED GRANTOR(s) DECLARE(s): DOCUMENTARY TRANSFER TAX IS $ CITY TAX IS $ 0 ❑ computed on full value of property conveyed, or ❑ computed on full value less value of liens or encumbrances remaining at time of sale. ❑ unincorporated area ® City of La Quinta, and FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged HP LQ Investment LP, a Delaware limited partnership ("Grantor") Hereby GRANT(s) to HP LQ Investment LP, a Delaware limited partnership ("Grantee") the real property in the City of La Quinta, County of Riverside, State of California described as follows: Parcels 'A' and 'B', as described in Exhibit "A" and shown on Exhibit "B" attached hereto and incorporated herein by this reference. NOTE: This grant deed implements the revised lot configuration pursuant to Lot Line Adjustment No. 2023-1000 as approved by the City of La Quinta. All property subject to this lot line adjustment is owned by a single entity, hence ownership conveyance is a nonessential function of this deed. The primary function of this deed is to provide constructive notice of the revised lot configurations pursuant to Government Code 66412(d), and to perfect the intent of Lot Line Adjustment No. 2023-1000 as approved. *SEE ADDITIONAL SHEETS FOR NOTARY ACKNOWLEDGEMENTS Bry McKinney, P.E., City gngineer RCE 49418, Exp. 9-30-2024 HP LQ Investment LP, a Delaware limited partnership f 7 aV *©a M ji %/>As4. r v, ♦ . O (0.10i v 7 d .��I 4 N °,a= W,O ivit.Hc: /li tJ 1I' - - ' Nicholas Webb Sworn to and subscribed before me this ,(VA/ Z. day of I c'� 20z3 ��� DOC #2023-0366020 Page 2 of 7 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 of California County of Riverside ) ) On DECEMBER 7, 2023 before me, LAURIE McGINLEY , Notary Public, personally appeared BRYAN MCKINNEY who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument, and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person, or the entity upon behalf of which the person 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 official seal. LAURIE MCGINLEY Notary Public • California 3 ''1 Riverside County Commission 2377907 My Comm. Expires Oct !, 2025 (seal) DOCUMENT: GRANT DEED LOT LINE ADJUSTMENT 2023-1000 re: 658-160-053 and 658- 160-054 - owner(s): HP LQ INVESTMENT LP DOC #2023-0366020 Page 3 of 7 EXHIBIT "A" LEGAL DESCRIPTION LOT LINE ADJUSTMENT 2023-1000 PARCEL A In the City of La Quinta, County of Riverside, State of California, Lot 1 of Tract Map No. 28545-1 as shown by a map filed in Book 268 of Maps, Pages 89 through 92, inclusive, in the office of the County Recorder of said county; EXCEPTING THEREFROM that portion of said Lot 1, described as follows: COMMENCING at the southwest corner of said Lot 1; thence along the west line of said lot, North 00°07'48" East, 4.70 feet to the TRUE POINT OF BEGINNING; thence leaving said west line, South 88°25'22" East, 18.47 feet; thence South 00°00'00" West, 4.24 feet to the south line of said Lot 1; thence along the said southerly line, North 89°52'22" West, 5.75 feet to the POINT OF BEGINNING. TOGETHER WITH that portion of Lot 2 of said Tract No. 28545-1, described as follows: COMMENCING at the southwest corner of said Lot 1; thence along the west line of said lot, North 00°07'48" East, 4.70 feet; thence leaving said west line, South 88°25'22" East, 18.47 feet; thence South 00°00'00" West, 4.24 feet to the south line of said Lot 1, said point also being the TRUE POINT OF BEGINNING; thence along said south line, South 89°52'22" East, 156.54 feet to the southeast corner of said Lot 1; thence along the east line of said Lot 2, South 00°07'38" West, 13.14 feet; thence leaving said east line, South 90°00'00" West, 147.24 feet; thence North 00°00'00" East, 7.75 feet; thence South 90°00'00" West, 9.26 feet; thence North 00°00'00" East, 5.75 feet to the POINT OF BEGINNING. ADJUSTED LOT A CONTAINING 0.64 acres, more or less. AS SHOWN ON EXHIBIT "B" attached hereto and by this reference made a part hereof. SUBJECT TO all Covenants, Rights, Rights -of -Way and Easements of Record. Page 1 of 3 DOC #2023-0366020 Page 4 of 7 EXHIBIT "A" LEGAL DESCRIPTION LOT LINE ADJUSTMENT 2023-1000 PARCEL B In the City of La Quinta, County of Riverside, State of California, Lot 2 of Tract Map No. 28545-1 as shown by a map filed in Book 268 of Maps, Pages 89 through 92, inclusive, in the office of the County Recorder of said county; EXCEPTING THEREFROM that portion described as follows: COMMENCING at the southwest corner of said Lot 1; thence along the west line of said lot, North 00°07'48" East, 4.70 feet; thence leaving said west line, South 88°25'22" East, 18.47 feet; thence South 00°00'00" West, 4.24 feet to the south line of said Lot 1, said point also being the TRUE POINT OF BEGINNING; thence along said south line, South 89°52'22" East, 156.54 feet to the southeast corner of said Lot 1; thence along the east line of said Lot 2, South 00°07'38" West, 13.14 feet; thence leaving said east line, South 90°00'00" West, 147.24 feet; thence North 00°00'00" East, 7.75 feet; thence South 90°00'00" West, 9.26 feet; thence North 00°00'00" East, 5.75 feet to the POINT OF BEGINNING. TOGETHER WITH that portion of Lot 1 of said Tract No. 28545-1, described as follows: COMMENCING at the southwest corner of said Lot 1; thence along the west line of said lot, North 00°07'48" East, 4.70 feet to the TRUE POINT OF BEGINNING; thence leaving said west line, South 88°25'22" East, 18.47 feet; thence South 00°00'00" West, 4.24 feet to the south line of said Lot 1; Page 2 of 3 DOC #2023-0366020 Page 5 of 7 EXHIBIT "A" LEGAL DESCRIPTION LOT LINE ADJUSTMENT 2023-1000 thence along the said southerly line, North 89°52'22" West, 5.75 feet to the POINT OF BEGINNING. ADJUSTED LOT B CONTAINING 0.49 acres, more or less. AS SHOWN ON EXHIBIT "B" attached hereto and by this reference made a part hereof. SUBJECT TO all Covenants, Rights, Rights -of -Way and Easements of Record. This legal description and accompanying plat were prepared by me or under my direction in conformance with the requirements of the Professional Land Surveyors Act. Christopher L. Alberts, PLS 8508 11/03/2023 Date Page 3 of 3 DOC #2023-0366020 Page 6 of 7 EASEMENTS 1 THE TERMS AND PROVISIONS CONTAINED IN THE DOCUMENT ENTITLED "GRANT OF EASEMENT AND EASEMENT AGREEMENT" RECORDED DECEMBER 1, 1981 AS INSTRUMENT NO. 222173, MODIFIED AND RECORDED JANUARY 15, 1982 AS INSTRUMENT NO. 8845, AND MODIFIED AND RECORDED APRIL 1, 1982 AS INSTRUMENT NO. 55308; ALL O.R. CD 0 HIGHWAY 0 d w NY AVENUE 48 AVENUE 50 JEFFERSON ST. AVENUE 49 VICINITY MAP NO SCALE 2 THE TERMS AND PROVISIONS CONTAINED IN THE DOCUMENT ENTITLED "EASEMENT AND AGREEMENT" RECORDED AUGUST 4, 1982 AS INSTRUMENT NO.133556, O.R. 3 THE TERMS AND PROVISIONS CONTAINED IN THE DOCUMENT ENTITLED "GRANT OF EASEMENT AND EASEMENT AGREEMENT" RECORDED NOVEMBER 24, 1982 AS INSTRUMENT NO. 204679, O.R. 4 THE TERMS AND PROVISIONS CONTAINED IN THE DOCUMENT ENTITLED "EASEMENT AGREEMENT" RECORDED JANUARY 13, 1987 AS INSTRUMENT NO. 8784, O.R. EASEMENT(S) FOR VEHICULAR AND PEDESTRIAN ACCESS, INGRESS AND EGRESS AND UTILITY PURPOSES RESERVED BY LANDMARK LAND COMPANY OF CALIFORNIA, INC., RECORDED FEBRUARY 17, 1988 AS INSTRUMENT NO. 41713, O.R. (DoEs NOT AFFECT SUBJECT PROPERTY) 6 THE EFFECT OF A DOCUMENT ENTITLED "EASEMENT DEED" RECORDED DECEMBER 20, 1995 AS INSTRUMENT NO. 422616, O.R. A PUBLIC UTILITY EASEMENT FOR THE CITY OF LA QUINTA AND EASEMENT(S) FOR PIPELINE, PUBLIC UTILITIES AND / \ INCIDENTAL RIGHTS AS DELINEATED OR OFFERED FOR DEDICATION TO IMPERIAL IRRIGATION DISTRICT ON MAP 28545-1, MB 268/89-92, IN THE OFFICE OF THE COUNTY RECORDER OF RIVERSIDE COUNTY, CALIFORNIA. 8 THE TERMS AND PROVISIONS CONTAINED IN THE DOCUMENT ENTITLED "MEMORANDUM OF RECIPROCAL USE AND ACCESS AGREEMENT" RECORDED FEBRUARY 3, 2020 AS INSTRUMENT NO. 2020-0052268, O.R. (BLANKET IN NATURE) LEGEND DATA SHOWN IS EXISTING PER TRACT NO. 28545-1, MB 268/89-92. EXISTING CENTERLINE EXISTING LOT LINE TO REMAIN EXISTING LOT LINE TO BE ADJUSTED ADJUSTED LOT LINE LOT 1 EXISTING LOT NUMBER PER TRACT NO. 28545-1, MB 268/89-92. ADJUSTED PARCEL NUMBER SEE SHEET 3 FOR EASEMENT NOTES LOCATED IN A PORTION OF THE SW 1/4 OF SEC. 36, T.5S., R.6E., S.B.M. PARCEL A EXHIBIT AB" - MAP LOT LINE ADJUSTMENT NO. 2023-1000 AVENIDA FERNANDO 0z c� w i PROJECT SITE i SHEET 1 OF 2 SHEETS Michael Baker INTERNATIONAL 75410 Gerald Ford Drive, Suite 100 Palm Desert, CA 92211 phone: 760-346-7481 www.mbakerintl.com H:\195221\CADD\K4APP[NG\LLA\LLA2023--1000\LLA2023-1000 dwq DOC #2023-0366020 Page 7 of 7 EXHIBIT AB" — MAP LOT LINE ADJUSTMENT NO. 2023-1000 AVENIDA FERNANDO N89°52'12"W 155.00' SCALE 1"=40' 00 co -4- LOT 1 TR. 18765-1 MB 136/32-33 o 0 OCs)4),I ° '10000 tN �O' w N88°18'20"W --- 200.00' ( w 0 O z 17.10' -LC) ro r) LINE DATA TABLE NO BEARING/DELTA LENGTH 1 N89°52'12"W 11.00' 2 NOO'07'48"E 4.70' 3 N88°25'22"W 18.47' 4 NOO°00'00"E 9.98' 5 N90°00'00"E 9.26' 6 NOO°00'00"E 7.75' 7 NOO°00'00"E 4.24' 8 NOO°00'00"E 5.75' 9 N89°52'12"W 18.47' PARCEL A 0.64 AC. APN 658-160-053 LOT 1 TR. 28545-1 MB 268/89-92 N89°52'22"W 175.01' 156.54' N90°00'00"E 147.24' LOT B 0.49 AC. APN 658-160-054 LOT 2 TR. 28545-1 MB 268/89-92 A=89°59'50" R=20.00' L=31.41' SOUTH LINE OF LOT 1 AREA 2 -21- 00. O N 13.14' 0' CO CO N CO O N 40 20 0 N89°52'22"W 204.34' LOT 3 TR. 28545-1 MB 268/89-92 40 SCALE: 1 "=40' 80 M W r� z 0 w ce m 0 0 Z1 w QI 45 n 5 SHEET 2 OF 2 SHEETS Michael Baker INTERNATIONAL 75410 Gerald Ford Drive, Suite 100 Palm Desert, CA 92211 phone: 760-346-7481 www.mbakerintl.com H:\195221\CADD\NAPPING\LLA\LLA2023-1000\LLA2023-1000 dwq PETER ALDANA COUNTY OF RIVERSIDE ASSESSOR -COUNTY CLERK -RECORDER DOCUMENTARY TRANSFER TAX AFFIDAVIT WARNING ANY PERSON WHO MAKES ANY MATERIAL MISREPRESENTATION OF FACT FOR THE PURPOSE OF AVOIDING ALL OR ANY PART OF THE DOCUMENTARY TRANSFER TAX IS GUILTY OF A MISDEMEANOR UNDER SECTION 5 OF ORDINANCE 516 OF THE COUNTY OF RIVERSIDE AND IS SUBJECT TO PROSECUTION FOR SUCH OFFENSE. Recorder P.O. Box 751 Riverside, CA 92502-0751 (951) 486-7000 Website: www.rivcoacr.org ASSESSOR'S PARCEL NO. 658 --160 --053 I declare that the documentary transfer tax for this Property Address: 49-490 Fisenhower. I a Quinta, CA transaction is: $0 00 If this transaction is exempt from Documentary Transfer Tax, the reason must be identified below. I CLAIM THAT THIS TRANSACTION IS EXEMPT FROM DOCUMENTARY TRANSFER TAX BECAUSE: (The Sections listed below are taken from the Revenue and Taxation Code with the exception of items 9 and 10 which are taken from Riverside County Ordinance 516). Please check one or explain in "Other': 1. Section 11911. 2. Section 11911. 3. 4. 5. Section 11921. Section 11922. Section 11925. 6. Section 11926. 7. Section 11927. 8. Section 11930. 9. Section 8. 10. Section 9. 11. X Other The consideration or value of the property, exclusive of any liens and encumbrances is $100.00 or less and there is no additional consideration received by the grantor. The conveyance transfers to a revocable living trust by the grantor or from a revocable living trust to a beneficiary. The conveyance was given to secure a debt. The conveyance is to a governmental entity or political subdivision. The transfer is between individuals and a legal entity or partnership, or between legal entities and does not change the proportional interests held. The conveyance is to a grantee who is the foreclosing beneficiary and the consideration paid by the foreclosing beneficiary does not exceed the unpaid debt. The conveyance relates to a dissolution of marriage or legal separation. (A spouse must sign a written recital in order to claim this exemption. This form may be used for that purpose.) The conveyance is an inter vivos gift* or a transfer by death. *Please be aware that information stated on this document may be given to and used by governmental agencies, including the Internal Revenue Service. Also, certain gifts in excess of the annual Federal gift tax exemption may trigger a Federal Gift Tax. In such cases, the Transferor (donor/grantor) may be required to file Form 709 (Federal Gift Tax Return) with the Internal Revenue Service. The easement is ligLperpetual, permanent, or for life. The document is a lease for a term of jgthan (35) years (including written options.) (Include explanation and legal authority) no change in ownership, recordation of I DECLARE UNDER PENALTY OF PERJURY THAT THE FOREGOING IS TRUE AND CORRECT. Executed this.25th day ofAugust Signature of Affiant HP LQ Investment I P. Name of Firm (if applicable) , 2023 at Boston, MA 02110 City State Christopher P Devine Printed Name of Affiant 30 Rowes Wharf, Suite 5300 Boston, MA 02110 Address of Affiant (including City, State, and Zip Code) 617-412-2800 Telephone Number of Affiant (including area code) This form is subject to the California Public Records Act (Government Code 7920.000 et. seq.) For Recorder's Use: Affix PCOR Label Here BOE-502-A (P1) REV. 13 (06-17) PRELIMINARY CHANGE OF OWNERSHIP REPORT To be completed by the transferee (buyer) prior to a transfer of subject property, in accordance with section 480.3 of the Revenue and Taxation Code. A Preliminary Change of Ownership Report must be filed with each conveyance in the County Recorder's office for the county where the property is located. FOR ASSESSOR'S USE ONLY 1 STREET ADDRESS OR PHYSICAL LOCATION OF REAL PROPERTY southwest corner of Avenida Fernando & Avenida Obregon PETER ALDANA, COUNTY OF RIVERSIDE ASSESSOR -COUNTY CLERK -RECORDER PO BOX 751, RIVERSIDE, CA 92502-0751 (951) 955-0400 www.riversideacr.com ASSESSOR'S PARCEL NUMBER 658-160-053 & 658-160-054 SELLER/TRANSFEROR HP LQ Investment LP BUYER'S DAYTIME TELEPHONE NUMBER ( 760 ) 397-3355 J BUYER'S EMAIL ADDRESS cdevine@pyramidglobal.com YES ✓ NO This property is intended as my principal residence. If YES, please indicate the date of occupancy or intended occupancy. YES NO Are you a disabled veteran or a unmarried surviving spouse of a disabled veteran who was compensated at 100% by the Department of Veterans Affairs? MO DAY YEAR MAIL PROPERTY TAX INFORMATION TO (NAME) HP LQ Investment LP MAIL PROPERTY TAX INFORMATION TO (ADDRESS) 49-490 Eisenhower Drive CITY La Quinta STATE CA ZIP CODE 92253 PART 1. TRANSFER INFORMATION Please complete all statements. This section contains possible exclusions from reassessment for certain types of transfers. YES NO ✓ A. This transfer is solely between spouses (addition or removal of a spouse, death of a spouse, divorce settlement, etc.). B. This transfer is solely between domestic partners currently registered with the California Secretary of State (addition or removal of a partner, death of a partner, termination settlement, etc.). * C. This is a transfer: between parent(s) and child(ren) from grandparent(s) to grandchild(ren). * D. This transfer is the result of a cotenant's death. Date of death * E. This transaction is to replace a principal residence owned by a person 55 years of age or older. Within the same county? _ YES NO * F. This transaction is to replace a principal residence by a person who is severely disabled as defined by Revenue and Taxation Code section 69.5. Within the same county? YES _ NO G. This transaction is only a correction of the name(s) of the person(s) holding title to the property (e.g., a name change upon marriage). If YES, please explain' H. The recorded document creates, terminates, or reconveys a lender's interest in the property. I. This transaction is recorded only as a requirement for financing purposes or to create, terminate, or reconvey a security interest (e.g., cosigner). If YES, please explain: J. The recorded document substitutes a trustee of a trust, mortgage, or other similar document. K. This is a transfer of property: 1. to/from a revocable trust that may be revoked by the transferor and is for the benefit of the transferor, and/or the transferor's spouse registered domestic partner. 2. to/from an irrevocable trust for the benefit of the creator/grantor/trustor and/or grantor's/trustor's spouse grantor's/trustor's registered domestic partner. L. This property is subject to a lease with a remaining lease term of 35 years or more including written options. M. This is a transfer between parties in which proportional interests of the transferor(s) and transferee(s) in each and every parcel being transferred remain exactly the same after the transfer. N. This is a transfer subject to subsidized low-income housing requirements with governmentally imposed restrictions, or restrictions imposed by specified nonprofit corporations. * 0. This transfer is to the first purchaser of a new building containing an active solar energy system. P. Other. This transfer is to * Please refer to the instructions for Part 1. Please provide any other information that will help the Assessor understand the nature of the transfer. THIS DOCUMENT IS NOT SUBJECT TO PUBLIC INSPECTION BOE-502-A (P2) REV. 13 (06-17) PART 2. OTHER TRANSFER INFORMATION A. Date of transfer, if other than recording date: B. Type of transfer: Purchase Foreclosure Gift Trade or exchange Contract of sale. Date of contract: Sale/leaseback Creation of a lease Assignment of a lease Check and complete as applicable. Merger, stock, or partnership acquisition (Form BOE-100-B) Inheritance. Date of death: Termination of a lease. Date lease began: Original term in years (including written options): Remaining term in years (including written options): Other. Please explain: C. Only a partial interest in the property was transferred. YES NO If YES, indicate the percentage transferred: PART 3. PURCHASE PRICE AND TERMS OF SALE A. Total purchase price B. Cash down payment or value of trade or exchange excluding closing costs C. First deed of trust @ % interest for years. Monthly payment $ FHA ( Discount Points) Cal -Vet VA ( Discount Points) Bank/Savings & Loan/Credit Union _ Loan carried by seller Balloon payment $ Due date: D. Second deed of trust @ Fixed rate % interest for years. Monthly payment $ Fixed rate Variable rate Check and complete as applicable. Variable rate Bank/Savings & Loan/Credit Union Loan carried by seller Balloon payment $ Due date: E. Was an Improvement Bond or other public financing assumed by the buyer? $ Amount $ Amount $ Amount $ YES NO Outstanding balance $ F. Amount, if any, of real estate commission fees paid by the buyer which are not included in the purchase price $ G. The property was purchased: Through real estate broker. Broker name: Phone number: ( ) Direct from seller _ From a family member -Relationship _ Other. Please explain: H. Please explain any special terms, seller concessions, broker/agent fees waived, financing, and any other information (e.g., buyer assumed the existing loan balance) that would assist the Assessor in the valuation of your property. PART 4. PROPERTY INFORMATION A. Type of property transferred Single-family residence _ Co-op/Own-your-own ( Manufactured home Multiple -family residence. Number of units: _ Condominium Unimproved lot Other. Description: (Le., timber, mineral, water rights, etc.) Timeshare ✓ Commercial/Industrial B. C. D. YES Check and complete as applicable. NO Personal/business property, or incentives, provided by seller to buyer are included in the purchase price. Examples of personal property are furniture, farm equipment, machinery, etc. Examples of incentives are club memberships, etc. Attach list if available. If YES, enter the value of the personal/business property: $ YES V NO A manufactured home is included in the purchase price. If YES, enter the value attributed to the manufactured home: $ YES B NO The manufactured home is subject to local property tax. If NO, enter decal number: YES ✓ NO The property produces rental or other income. If YES, the income is from: Lease/rent Contract E. The condition of the property at the time of sale was: Good Please describe: Mineral rights Average Other: Incentives Fair Poor CERTIFICATION I certify (or declare) that the foregoing and all information hereon, including any accompanying statements or documents, is true and correct to the best of my knowledge and belief. SIGNATURE OF BUYER/TRANSFEREE OR CORPORATE OFFICER vveki NAME OF BUYER/ RANSFEREE/PERSONAL REPRESENTATIVE/CORPORATE OFFICER (PLEASE PRINT) DATE TITLE Orr/( TELEPHONE (4r'1 )$7 EMAIL ADDRESS eiArk- The Assessor's office may contact you for additional information regarding this transaction.