April 21, 2026
Approval of New Lease
Agreement with
Currents Outdoor, LLC
City-Owned Property at
10449 Adams Avenue
Property Overview
10449 Adams Avenue – City-Owned Site
• Size: 3.9 acres
• Use: Wholesale nursery since 1985 under CUP
• Former Tenant: Month-to-month; limited
reinvestment; nonpayment of rent
• Constraints:
o Southern California Edison (SCE) easement
o Restrictions on permanent structures
o Adjacent to residential
Background
• At the City’s request, prior tenant vacated the site
• Prior tenant coordinated with PoolMax to relocate product and equipment to the rear SCE parcel, which SCE reassigned to PoolMax
• PoolMax: design/build firm specializing in pools, hardscape, and outdoor environments, serving HB/coastal OC for ~30 years
• Moon Valley Nursery withdrew interest due to ingress/egress easement constraints tied to the SCE parcel
• PoolMax seeks to lease the City parcel as-is to expand (nursery, landscape yard, tree- growing)
• City Public Works cleared/remediated the site, avoiding the need for a potential rent credit to a new tenant
• PoolMax formed Currents Outdoor, LLC as a related entity to operate the nursery use Key Lease Terms
Term Details
Lease Duration 5 years + 5-year extension option
Rent* $2,620/month, 2% annual increases
Rent Advance +
Security Deposit
Initial 6 months’ rent shall be prepaid in
advance + a one-month security deposit
Use Wholesale nursery only (CUP-compliant)
City Benefit 20% minimum discount on plant
purchases
*Rent reflects site constraints (SCE easement and limits on permanent structures) Tenant Improvements
• Focus on drought-tolerant and
California-native plant species
• $150,000 – $200,000 investment in
trees and landscape inventory
• Fence repairs to enhance site integrity
• Installation of a comprehensive
irrigation system to support long-term
sustainability
Benefits & Considerations
• Preserves long-standing wholesale use
• Adds value through private investment
• Generates new General Fund revenue
• Offers discount on City plant purchases
• Professional operator with track record
• Currently occupies rear parcel
(expansion creates no new
ingress/egress impacts)
• Existing access and utilities (including
shared water meter) already in place
Approve the lease with Currents Outdoor, LLC for the property located at 10449 Adams Avenue
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