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290 - property survey 2000Mr. Jeffrey S. Shaw Cushman Realty Corporation 18191 Von Karman Avenue, Suite 400 Irvine, California Re: Property Survey 290 Paularino, Costa Mesa, CA Dear Jeff The real property located at 290 Paularino in Costa Mesa is a single story, approximately 11,000 square foot, Type 5 office building with sufficient onsite surface parking. A single tenant currently occupies the entire building. The interior of the building is highly improved for office usage. We believe the building was constructed in the early 1980's. The structure consists of reinforced concrete tilt -up walls bearing on spread footings. The floor slab is reinforced concrete. The roof structure consists of glue -laminated wood beams, lumber purlins and plywood sheeting which is typical for a structure of this type. The structure does not have fire sprinklers, which is allowable under the current fire code because of the size of the structure. jc'> Multi -roof top units supply the air conditioning. All air conditioning units have recently - J )c been replaced with new equipment. The electrical and plumbing systems in the building appear to be in good working order and adequate for the usage of the building. An inspection of the roof indicates it has been newly applied. All roof drains and overflow scuppers are free and clear of debris. All roof sheet metal flashings are secure and in place. The perimeter walls of the building have typical aluminum and glass storefront windows. The exterior landscaping is bermed directly against the exterior tilt -up walls facing Red Dill Blvd. The landscaping and irrigation appears to be well maintained, however some ponding of water was noted which is a good indication of over watering. The asphalt parking lot in the rear of the building is currently "adequate" but is beginning to show signs of failure in some areas. ■ A DIVERSIFIED CONSTRUCTION SERVICES COMPANY ■ 18800 Von Kalman Avenue ■ Suite 160 ■ Irvine, Ca 92612-1517 9490 4740 8167 9 FAX 9490 4740 9037 B U I L D I N G COLLABORATIVE I N C The building appears to be well constructed and maintained with no major defects that required an immediate remedy. The minor defects along with suggestions are listed as follows: 1 -The concrete V gutter in the parking lot is broken in numerous areas allowing water to penetrate the sub -grade, which will cause further deterioration of the gutter and adjacent asphalt paving. 2 -Some minor "alligatoring" of the asphalt was observed. Removal and patching is required to avoid further deterioration. 3- Minor deterioration of the aluminum sill section of the window wall was observed on the North elevation. This is caused by contact with the soil. 4- Water stained acoustical ceiling tile was observed in the office interior. Replacement is required. 5- Obtain transferable warrantees for both new air conditioning units and new roof from appropriate contractors. We would suggest that the new owner consider engaging;a service for periodic roof and air conditioning maintenance. vll -, 6- Obtain the original working drawings for the building. These will be extremely useful for any future construction and remodeling. 7- Existing Toilet Rooms are currently not ADA compliant. If major remodeling is planned in the future, the City of Costa Mesa will require compliance. The addition of Fire Sprinklers will not be required in the future if the current building usage remains unchanged.vre , _GIS+SC 8- Future Seismic retrofitting should be considered and is required by some lenders. 9- I am assuming property has no environmental concerns. 10- Minor leakage thru the exterior wall facing Red Hill Blvd was observed in one office. This may be caused by water penetrating the waterproofing membrane at the base of windows where soils is berried against the exterior wall. In time additional leakage will result due to deterioration of the waterproof membrane. The owner my wish to consider relocating the existing landscaping and irrigation system out away from the exterior wall and replacing with crushed rock. This would minimize further water penetration at the wall line. BUILDING COLLABORATIVE I N C Jeff, please give me a call if you questions or require additional information. Yours truly,