OUSD is in the process of considering the most effective and appropriate use of its real property, including the sale or lease of excess property owned by the District. In March 2018, the Board of Education authorized Eric Hall & Associates (EH&A) to conduct an Asset Management Study to evaluate five district properties for effective use and identify potential revenue sources.
The original five identified properties evaluated were:
- Ditmar School
- Ocean Shores High School
- Pacifica Elementary
- District Office North (ESS)
- District Office South
The evaluation of these properties consisted of an inspection and valuation of their current market conditions. The Asset Management Study includes a Broker Opinion of Value (BOV) for each property prepared by a licensed real estate professional with the intent to derive the highest and best use for the identified properties that will include the most profitable, physically viable, and legally permissible options for consideration. The Asset Management Study was presented to the Board of Education in October 2018 and again in February 2019 to review the valuations and options for these properties, including sale, lease, joint-use lease, joint-use grant projects, property exchange, and license agreements.
Properties for Consideration
On May 14, 2019, the Board of Education approved Resolution No. 23 (18-19) to not only establish the 7-11 Committee, but also identify current district properties as potential surplus property sites. The properties for consideration beginning May 14 were Pacifica Elementary School (4991 Macario Dr.) and Ocean Shores High School (3131 Oceanside Blvd.).
Ocean Shores & Pacifica property information
On November 12, 2019, the Board of Education approved Resolution No. 09 (19-20) to identify current district properties as potential surplus property sites. The properties for consideration beginning November 12 were the Ditmar Cottage (1111 S. Ditmar St.) and Pioneer Cemetery (135 Rancho del Oro Dr.).
Ditmar Cottage & Pioneer Cemetery property information
On April 28, 2020, the Board of Education approved the closure of Garrison Elementary School and the placement of Garrison Elementary School into Asset Management. On May 12, 2020, the Board of Education approved Resolution No. 24 (19-20) to identify current district property as a potential surplus property site. The property for consideration beginning May 12 was Garrison Elementary School (333 Garrison St.).
Garrison property information