APN 367-250-017

The subject is centrally located in the Temecula Valley area. Temecula Valley is situated in the southwest sector of Riverside County spanning 32 square miles and is an hour from San Diego, Palm Springs and Orange County, and 90 minutes from Los Angeles. The Temecula Valley is made up of three cities: Wildomar, Murrieta and Temecula, and is often also associated with Menifee and Canyon Lake. This area is easily accessible by Interstates 15 and 215 as well as highway 79. Perhaps most known for its title as “Southern California’s Wine Country,” the Temecula Valley is home to 30 wineries, a variety of fine dining, musical events, golf courses and more. The Temecula Valley has become a popular destination for many people in and out-of-state, with extravagant wineries and wine tasting to attract wine enthusiasts from all parts. In addition to being approximately 20 miles from the Pacific Ocean, the Temecula Valley offers beautiful views of Mount San Jacinto, Palomar Mountain and Mount San Bernardino. The temperate warm summers and relatively dry winters have made it one of southern California’s most popular destinations to visit and start a family.The Bundy Canyon Resort Apartments is a fully entitled 145-unit multi-family development within the tranquil yet rural setting of the City of Wildomar, in the heart of Temecula Valley. The property is located on Bundy Canyon Road less than a mile from the 15 freeway and 5 miles from the 215-freeway making it an ideal location for future residents who work out of town and need easy access to major transportation corridors. The current developer will entertain a straight sale or a joint venture, and is open to amending the entitled site plan, subject to final approval by the City of Wildomar, if a future developer believes there is product mix, density and configuration that will better satisfy market demand. Entitlement Status: • Entitled site plan is approved by the City of Wildomar for 145 units • Entitlement is valid thru April 2025 with extensions available. • No environmental permits are required. • Buyer to complete final engineering and construction documents. • Affordable Units: None required.