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1400 Centinela Avenue Inglewood, CA 90302 1400 Centinela Avenue Centinela 1400

NON-ENDORSEMENT & DISCLAIMER NOTICE EXCLUSIVELY LISTED BY: TABLE OF CONTENTS:

CONFIDENTIALITY & DISCLAIMER The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of JOHN LALLY Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and Senior Associate PROPERTY OVERVIEW.....PG 4 to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough Direct: 818.212.2734 due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to [email protected] the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and License: CA 01940040 Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information FINANCIAL ANALYSIS...... PG 12 contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, RYAN ROTHSTEIN-SERLING Inc. © 2021 Marcus & Millichap. All rights reserved. First Vice President Investment Direct: 818.212.2725 SPECIAL COVID-19 NOTICE All potential buyers are strongly advised to take advantage of their opportunities and obligations to conduct thorough due diligence and [email protected] seek expert opinions as they may deem necessary, especially given the unpredictable changes resulting from the continuing COVID-19 License: CA 01920619 MARKET COMPARABLES....PG 16 pandemic. Marcus & Millichap has not been retained to perform, and cannot conduct, due diligence on behalf of any prospective purchaser. Marcus & Millichap’s principal expertise is in marketing investment properties and acting as intermediaries between buyers and sellers. Marcus & Millichap and its investment professionals cannot and will not act as lawyers, accountants, contractors, or engineers. All potential buyers are admonished and advised to engage other professionals on legal issues, tax, regulatory, financial, and accounting matters, and for questions involving the property’s physical condition or financial outlook. Projections and pro forma financial statements are not guarantees and, given the potential volatility created by COVID-19, all potential buyers should be comfortable with and rely solely on their MARTIN D. AGNEW own projections, analyses, and decision-making.) Senior Vice President Investment MARKET OVERVIEW...... PG 28 Direct: 818.212.2744 NON-ENDORSEMENT NOTICE Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The [email protected] presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation License: CA 01339034 of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee Information about this listing to prospective customers.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS. 2 DO NOT DISTURB OCCUPANTS ACT ID: ZAC0120767 3 1400 Centinela Avenue Centinela 1400 PROPERTY DESCRIPTION PROPERTY HIGHLIGHTS » Rare Inglewood Opportunity Marcus & Millichap is pleased to present 1400 Centinela Ave, an approximate 8,805 SF two story mixed-use commercial building sitting on a » Future Rental Upside 11,006 SF Lot located in the city of Inglewood. The property provides a great » Ideal Owner/User Opportunity opportunity for an investor to acquire a property with future rental upside. The first floor (4,220 SF) is occupied by a liquor store with a lease until June 2022. » Liquorette Store Business with Type 21 License

A portion of the ground floor, 235 SF, is subleased to a small office user. The Available for Additional Purchase - Contact Agent PROPERTY OVERVIEW second floor is office space consisting of ten suites, common area hallway and a shared bathroom. One suite is occupied on a month-to-month lease. » Great Visibility along Centinela Ave » Walk Score of 89 (Very Walkable) There is also an opening for an owner-user to purchase the property with attractive SBA financing. This opportunity provides flexibility with multiple scenarios. A user can either occupy the ground floor retail and lease the second-floor office or a user can occupy the second-floor office and lease the ground floor retail. There are 14 stripped parking spaces in the rear of the property. In addition to the property sale, the Liquor Store Business, with a type 21 liquor license (see pg 7 LOCATION HIGHLIGHTS for details), is available for sale (not included in property price) - please contact Agent for more details. » 33,000 Vehicles Per Day The property is sandwiched between La Cienega Blvd and N La Brea Ave. » 3-Mile Daytime Population of 260,376 Centinela Avenue is a major West-East thoroughfare, that sees roughly 33,000 » 3-Mile Average Household Income of vehicles per day. The property also sits less than one mile east of the 405 freeway, two miles north of the world-famous Inglewood Forum and the brand new SoFi $91,676 Stadium. The property is also walking distance from the Ralphs/CVS anchored » Close Proximity to Downtown Inglewood, The Ladera Center and the newly developed Amazon Fresh on La Cienega Blvd. Forum, and the Brand New SoFi Stadium This section of Inglewood boasts ideal demographics as there are more than 848,195 people living in a 5-mile radius, with an average household income 4 exceeding $91,236 in a 5-mile radius. 5 1400 Centinela Avenue Centinela 1400 PROPERTY OVERVIEW

VITAL DATA

CURRENT PRO FORMA

Price $3,200,000 CAP Rate 0.74% 5.34%

Down Payment 100% / $3,200,000 Net Operating Income $23,838 $170,944 PROPERTY OVERVIEW Loan Type All Cash Net Cash Flow After Debt Service 0.74% / $23,838 5.34% / $170,944

Rentable SF 8,804 Total Return 0.74% / $23,838 5.34% / $170,944

Price/SF $363.47

Current Occupancy 100%

Year Built 1962

Lot Size 0.25 acre(s)

LIQUORETTE BUSINESS with CALIFORNIA 21 LICENSE EXPENSES AVAILABLE FOR ADDITIONAL PURCHASE CURRENT $/SF PRO FORMA $/SF A California type 21 liquor license is suitable for liquor stores, grocery stores, department stores, gas stations or other retail establishments that would like to sell alcohol. The 21 liquor license would Utilities $5,459 $0.62 $5,459 $0.62 allow the licensee to maximize the selection of alcoholic beverages sold to customers.

Repairs & Maintenance $11,006 $1.25 $11,006 $1.25 A California Type 21 liquor license is one the most popular liquor licenses that the state has to offer. It is described by the California Alcoholic Beverage Control (ABC) as an off sale general liquor Insurance $3,874 $0.44 $3,874 $0.44 license. And gives the licensee privileges to sell beer wine and distilled spirits, in package form for consumption off the retail establishments premises. Real Estate Taxes $40,000 $4.54 $40,000 $4.54 Because the demand for a California Type 21 liquor license is extremely high, acquiring this license type can be time-consuming, expensive and complicated, altogether. Liquor licenses in the State Total Expenses $60,339 $6.85 $60,339 $6.85 of California are issued and managed by the California Department of Alcohol Beverage Control (ABC), but not all licenses offered will be available. Unlike the many other licenses California has to offer, a type 21 liquor license is quota-based. Quota-based in this case means California type 21 liquor licenses are issued in a limited quantity by the state and unfortunately for license seekers, the quota has been met. If you desire a Type 21 license, you’ll need to find one available for your county on the open market. 6 7 FIRST FLOOR SECOND FLOOR 1400 Centinela Avenue Centinela 1400 FLOOR PLAN - 1ST FLOOR FLOOR PLAN - 2ND FLOOR

OFFICE #1 OFFICE #2 OFFICE #3 OFFICE #4 OFFICE #5

630 SF Useable 315 SF Useable 315 SF Useable 315 SF Useable 210 SF Useable PROPERTY OVERVIEW

Stairs Rear Entrance LIQUOR STORE

2nd Floor Hallway

Stairs Restroom Front Entrance OFFICE #10 OFFICE #9 OFFICE #8 OFFICE #7 OFFICE #6 308 SF Useable 330 SF Useable 308 SF Useable 308 SF Useable 286 SF Useable

Restroom

OFFICE

8 9

PROPERTY OVERVIEW PROPERTY 11 10 1400 Centinela Avenue 1400 Centinela Avenue Centinela 1400 REGIONAL MAP SITE MAP PROPERTY OVERVIEW

12 13 LADERA CENTER 1400 Centinela Avenue Centinela 1400

Burger King PROPERTY OVERVIEW McDonald’s

SUBJECT PROPERTY

14 CENTINELA AVE 15 1400 Centinela Avenue Centinela 1400 TENANT SUMMARY OPERATING STATEMENT

INCOME CURRENT PER SF PRO FORMA PER SF LEASE CURRENT CURRENT CURRENT PRO RENT LEASE TENANT NAME FLOOR TOTAL SF TERM RENT MONTHLY YEARLY FORMA INCREASE TYPE PER SF RENT RENT RENT Scheduled Base Rental Income $82,860 $9.41 $237,708 $27.00

$11,005 Expense Reimbursement Income Liquorette First 4,402 6/1/22 $1.32 $5,804 $69,648 $132,060 July 2022 MG CAM $5,460 $0.62 $5,460 $0.62 $8,804 Office Second 4,402 MTM $0.25 $1,101 $ 13 , 212 $105,648 MG Total Reimbursement Income $5,460 9.0% $0.62 $5,460 9.0% $0.62

Aug 2021 OVERVIEWFINANCIAL

TOTAL 8,804 $6,905 $82,860 $237,708 Potential Gross Revenue $88,320 $10.03 $243,168 $27.62

General Vacancy ($4,143) 5.0% ($0.47) ($11,885) 5.0% ($1.35)

Effective Gross Income $84,177 $9.56 $231,283 $26.27

OPERATING EXPENSES CURRENT PER SF PRO FORMA PER SF

Utilities $5,459 $0.62 $5,459 $0.62

Repairs & Maintenance $11,006 $1.25 $11,006 $1.25

Insurance $3,874 $0.44 $3,874 $0.44

Real Estate Taxes $40,000 $4.54 $40,000 $4.54

Total Expenses $60,339 $6.85 $60,339 $6.85

Expenses as % of EGR 71.7% 26.1%

Net Operating Income $23,838 $2.71 $170,944 $19.42 16 17 1400 Centinela Avenue Centinela 1400 OWNER USER PRICING DETAIL PRICING DETAIL INCOME CURRENT PRO FORMA

INCOME Scheduled Base Rental Income $82,860 $237,708

LEASE SCENARIO PER/SF AMOUNT OWNERSHIP SCENARIO PER/SF AMOUNT FINANCING Price $3,200,000 Total Reimbursement Income $5,460 $5,460 LEASE ASSUMPTIONS: PURCHASE ASSUMPTIONS: Loan Amount $2,880,000 Base Rate Per Month (MG) $2.00 $8,804 PURCHASE PRICE: $363.47 $3,200,000 Loan to Value 90% Down Payment $3,200,000 Potential Gross Revenue $88,320 $243,168 Opera�ng Expenses $0.10 $455 Tenant Improvements (On O/U SF) $0.00 $0 Loan Type SBA Total $2.10 $9,259 Total $363.47 $3,200,000 Interest Rate 3.25% General Vacancy ($4,143) ($11,885) Amor�za�on (Blended) 25 Down Payment % 100% INITIAL START-UP EXPENSE: INITIAL START-UP EXPENSE: Monthly Payment (P&I) $14,035 Due on Signing (1st Month Rent & SD) $18,518 Down Payment (10% of Purchase Price and TI) $320,000 OVERVIEWFINANCIAL Number of Floors 2 Effective Gross Revenue $84,177 $231,283 Tenant Improvements $0.00 $0 Loan Fees (2.60% of Loan Amount) $74,880 ASSUMPTIONS Total $18,518 Total $394,880 Total Rentable Square Footage 8,804 Owner Occupied SF 4,402 Rentable Building Area 8,804 Less: Operating Income ($60,339) ($60,339) GROSS MONTHLY INCOME GROSS MONTHLY INCOME Leased Square Footage 4,402 Rental Income $0.00 $0 Rental Income $8,804 Interest Rate on Start-Up Delta 5.00% Net Operating Income $23,838 $170,944 Gross Monthly Income $0.00 $0 Gross Monthly Income $8,804 Price Per SqFt $363.47 REVENUE LEASE COST OF OCCUPANCY: OWNERSHIP COST OF OCCUPANCY: Pro Forma Income $8,804 Lot Size 0.25 AC Cash Flow $23,838 $170,944 Base Rent $2.00 $8,804 Loan Payment $3.19 $14,035 Lease Type Modified Gross Opera�ng Expenses $0.10 $455 Es�mated Opera�ng Expenses $1.14 $5,028 Total $2.10 $9,259 Less: Rental Income ($2.00) ($8,804) ESTIMATED ANNUAL OPERATING EXPENSES Year Built/Renovated 1962 Net Cash Flow After Debt Service $23,838 $170,944 $2.33 $10,259 Real Estate Taxes $40,000 LEASE BENEFITS OWNERSHIP BENEFITS Property Insurance & CAM $20,339 Total Return $23,838 $170,944 Deprecia�on Tax Benefit (35% Tax Rate) $0.00 $0 Deprecia�on Tax Benefit (35% Tax Rate) $0.33 $1,436 Total $60,339 Principal Reduc�on Year 1 Monthly Average $0.00 $0 Principal Reduc�on Year 1 Monthly Average $1.44 $6,328 Total/Month $5,028 Interest Expense Deduc�on Tax Benefit Interest Expense Deduc�on Tax Benefit OPERATING EXPENSES (35% Tax Rate) $0.00 $0 (35% Tax Rate) $0.61 $2,697 RETURNS PRO FORMA Rent Deduc�on Tax Benefit Opera�ng Expense Deduc�on Tax Benefit OWNER (35% Tax Rate) $0.70 $3,081 (35% Tax Rate) ($0.30) ($1,322) PROPERTY VALUE LOAN BALANCE EQUITY CAM $16,465 $16,465 Opera�ng Expense Deduc�on Tax Benefit Less: Interest on Delta of Start-up Expense CAP Rate 5.34% Estimated Annual Appreciation: 2.00% (35% Tax Rate) $0.04 $159 (Net of 35% Tax) ($0.23) ($1,019) Insurance $3,874 $3,874 Total $0.74 $3,241 Total $1.84 $8,121 Year 5 $3,463,783 $2,474,403 $989,380 Year 10 $3,824,296 $1,997,343 $1,826,953 LEASE COST OF OCCUPANCY AFTER BENEFITS OWNERSHIP COST OF OCCUPANCY AFTER BENEFITS Year 15 $4,222,332 $1,436,231 $2,786,101 Real Estate Taxes (1.25000%) $40,000 $40,000 Cost of Occupancy $1.37 $6,018 Cost of Occupancy $0.49 $2,138 Year 20 $4,661,796 $776,256 $3,885,540

Total Expenses $60,339 $60,339 Above Analysis is for illustra�ve purposes only. Contact your Accountant or Tax Professional for specific tax advice.

Expenses/Suite $30,170 $30,170

Expenses/SF $6.85 $6.85

18 19 1400 Centinela Avenue Centinela 1400 SALES COMPARABLES MAP AVERAGE PRICE PER SF SALES COMPARABLES SALES COMPS AVG IN ESCROW COMPARABLES IN ESCROW COMPS AVG

1400 CENTINELA AVE (SUBJECT) $500.00

1 1300-1310 N La Brea Ave

2 1613 Centinela Ave $450.00 Avg. $430.18

3 1010-1012 N La Brea Ave

$400.00 Avg. $389.60 SALES COMPARABLES 4 901 S La Brea Ave

5 333 E Nutwood St $350.00 6 4416 W Slauson Ave

7 316-330 E Kelso St $300.00 8 945 S Prairie Ave

$250.00

$200.00

$150.00

$100.00

$50.00

SALES COMPARABLES IN ESCROW COMPARABLES $0.00 1400 1300-1310 N 1613 1010-1012 N 901 S La 333 E 4416 W 316-330 E 945 S Cen�nela La Brea Ave Cen�nela La Brea Ave Brea Ave Nutwood St Slauson Ave Kelso St Prairie Ave Ave Ave

20 21 1400 Centinela Avenue Centinela 1400 SALES COMPARABLES SALES COMPARABLES

SALES COMPARABLES IN ESCROW COMPARABLES SALES COMPARABLES IN ESCROW COMPARABLES

1300-1310 N LA BREA AVE 1613 CENTINELA AVE 1010-1012 N LA BREA AVE 901 S LA BREA AVE 333 E NUTWOOD ST 1400 CENTINELA AVE 1300-1310 N La Brea Ave, Inglewood, CA, 90302 1613 Centinela Ave, Inglewood, CA, 90302 1010-1012 N La Brea Ave, Inglewood, CA, 90302 901 S La Brea Ave, Inglewood, CA, 90301 333 E Nutwood St, Inglewood, CA, 90301 1400 Centinela Ave, Inglewood, CA, 90302 1 2 3 4 5 SALES COMPARABLES

rentpropertyname1 rentpropertyname1 rentpropertyname1

Asking Price $3,200,000 Close of Escrow 6/25/2021 Close of Escrow 9/25/2019 Close Of Escrow 7/23/2019 Close of Escrow 5/20/2020 Close of Escrow 11/20/2020 Building Size 8,804 SF Days On Market 53 Days On Market 153 Sales Price $1,900,000 Days On Market 316 Days On Market 118 Price/SF $363.47 Sales Price $2,500,000 Sales Price $760,000 Rentable SF 4,800 Sales Price $3,175,000 Sales Price $1,600,000 CAP Rate 0.74% Rentable SF 5,451 Rentable SF 2,000 Price/SF $395.83 Rentable SF 9,042 Rentable SF 3,995 Year Built 1962 Price/SF $458.63 Price/SF $380.00 Year Built 1946 Price/SF $351.14 Price/SF $400.50 Lot Size 0.25 acres Year Built 1984 CAP Rate 5.3% Lot Size 0.15 CAP Rate 3% Year Built 1940 Occupancy 100% Lot Size 0.29 Year Built 1976 Parking Ratio 1.25/1,000 SF Year Built 1940 Lot Size 0.21 Parking Ratio 3.12/1,000 SF Lot Size 0.17 Lot Size 0.28 Parking Ratio 3.00/1,000 SF Parking Ratio 4.50/1,000 SF Parking Ratio 2.32/1,000 SF rentpropertyaddress1 rentpropertyaddress1 rentpropertyaddress1 NOTES Owner/User Transaction

22 23 1400 Centinela Avenue Centinela 1400 SALES COMPARABLES

SALES COMPARABLES IN ESCROW COMPARABLES

4416 W SLAUSON AVE 316-330 E KELSO ST 945 S PRAIRIE AVE 4416 W Slauson Ave, Los Angeles, CA, 90043 316-330 E Kelso St, Inglewood, CA, 90301 945 S Prairie Ave, Inglewood, CA, 90301

6 7 8

rentpropertyname1 rentpropertyname1 rentpropertyname1

Close of Escrow 11/24/2020 Close of Escrow 7/24/2020 In Escrow Sales Price $1,700,000 Days On Market 120 List Price $3,595,000 Rentable SF 4,962 Sales Price $2,250,000 Rentable SF 8,357 Price/SF $342.60 Rentable SF 5,646 Price/SF $430.18 Year Built 1950 Price/SF $398.51 Year Built 1969 Lot Size 0.37 Year Built 1962 Lot Size 0.39 Parking Ratio 1.01/1,000 SF Lot Size 0.40 Parking Ratio 7.08/1,000 SF

rentpropertyaddress1 rentpropertyaddress1 rentpropertyaddress1 NOTES NOTES Owner/User Transaction Owner/User Transaction

2424 25 1400 Centinela Avenue Centinela 1400 AREA ATTRACTIONS

SoFi Stadium SoFi Stadium is a stadium and entertainment complex in Inglewood, California, United States. It is located at the former site of the Hollywood Park Racetrack 3 miles from LAX Airport, immediately southeast of The Forum. Opened in September 2020, the stadium serves as the home for the and of the (NFL). It also serves as the home of the LA Bowl. It is scheduled to host Super Bowl LVI in February 2022, the College Football Playoff National Championship in January 2023, and WrestleMania 39 in April 2023.

During the 2028 Summer Olympics, the stadium will host the opening and closing ceremonies, soccer, and archery. MARKET OVERVIEW

The Forum The Forum is a multi-purpose indoor arena in Inglewood. Opening on December 30, 1967, the Forum was an unusual and groundbreaking structure. The Forum achieved its greatest fame as home to the Los Angeles Lakers of the National Basketball Association and the Los Angeles Kings of the National Hockey League from 1967 As a gateway to major commercial centers of the United States and internationally, Inglewood is in a unique position on the shore of the Pacific Rim. The Los Angeles International Airport is directly accessible by Inglewood’s Century Boulevard - one of the City’s busiest commercial corridors. Proximity to the airport, to 1999. The Forum was also the home of the WNBA’s Los Angeles Sparks from 1997 to 2001. the Los Angeles and Long Beach Harbors, and four major freeways facilitate both domestic and international trade.

HISTORY OF INGLEWOOD February 8, 1908 Inglewood, with a booming 1,200 population, was incorporated as a city, but it was the earthquake of 1920 that put it on the map. People came to see the damage and stayed because of the wonderful climate. From 1920 to 1925, Inglewood was the fastest growing city in the United Inglewood Basketball & Entertainment Center States. The Clippers new arena in Inglewood, IBEC, will be a one-of-a-kind destination for basketball and live During the 1960s and ‘70s, Inglewood continued to grow and develop, taking on a “metropolitan” look. The City became racially integrated in both its experiences. Construction on the new facility will begin in Summer 2021, and will become the new home of residential and business communities; it was now the home of two major hospitals - Cantilena and Daniel Freeman; the “City of Champions” was now the LA Clippers for the 2024-25 season. the site of Hollywood Park Racetrack, recently celebrating 50 years of championship , and the Forum, constructed in the late ‘60s to become the home of the World Champion Lakers basketball team and the Kings hockey team, as well as featuring World Class Tennis played by the Strings, plus championship boxing.

The City’s reputation and its accessibility to major freeways and Los Angeles International Airport made it an attractive business investment and an ideal LAX location for the rapidly expanding air freight business. High rise office buildings began to go up, with the newest being the 14-story, $50 million Trizec Los Angeles International Airport (IATA: LAX, ICAO: KLAX, FAA LID: LAX), commonly referred to as LAX (with building on La Cienega near Century Boulevard. each of its letters pronounced individually), is the primary international airport serving Los Angeles and its surrounding metropolitan area. LAX is located in the Westchester neighborhood of Los Angeles, 18 miles (30 Inglewood is no longer a sleepy little settlement in the country. With a population of more than 100,000, it is alive, thriving and in the center of an ever- changing Centinela Valley where the old Machado adobe blends with the new landmarks to remind residents of the rich heritage of the City and the fact km) southwest of Downtown Los Angeles, with the commercial and residential areas of Westchester to the north, 26 that history is still being made in Inglewood. the city of El Segundo to the south and the city of Inglewood to the east. 27 1400 Centinela Avenue Centinela 1400

DEMOGRAPHICS POPULATION 1 Miles 3 Miles 5 Miles . In 2020, the population in your selected geography is 38,986. The 2025 Projection population has changed by -0.16% since 2000. It is estimated that the Total Population 39,234 263,593 884,919 population in your area will be 39,234.00 five years from now, which represents a change of 0.64% from the current year. The current . 2020 Estimate population is 45.59% male and 54.41% female. The median age of the Total Population 38,986 260,126 867,198 population in your area is 37.77, compare this to the US average . which is 38.21. The population density in your area is 12,408.03 2010 Census people per square mile. Total Population 38,330 254,126 837,762 . 2000 Census

260,376 MARKET OVERVIEW Total Population 39,048 257,931 816,123 There are currently 16,188 households in your selected geography. . Current Daytime Population 3-MILE DAYTIME POPULATION The number of households has changed by 2.90% since 2000. It is estimated that the number of households in your area will be 16,363 2020 Estimate 30,307 260,376 771,896 five years from now, which represents a change of 1.08% from the HOUSEHOLDS 1 Miles 3 Miles 5 Miles current year. The average household size in your area is 2.41 . 2025 Projection persons. Total Households 16,363 98,083 318,335 . 2020 Estimate In 2020, there are 12,664 employees in your selected area, this is also Total Households 16,188 96,297 310,228 known as the daytime population. The 2000 Census revealed that 70.06% of employees are employed in white-collar occupations in this Average (Mean) Household Size 2.41 2.66 2.75 geography, and 30.08% are employed in blue-collar occupations. In . 2010 Census 2020, unemployment in this area is 4.43%. In 2000, the average time traveled to work was 34.00 minutes. Total Households 15,721 92,659 294,979 96,297 . 2000 Census Total Households 15,732 93,136 287,297 3-MILE TOTAL HOUSEHOLDS The median housing value in your area was $596,109 in 2020, HOUSEHOLDS BY INCOME 1 Miles 3 Miles 5 Miles compare this to the US average of $221,068. In 2000, there were . 2020 Estimate 5,236 owner occupied housing units in your area and there were 10,496 renter occupied housing units in your area. The median rent at $200,000 or More 6.15% 7.66% 7.44% the time was $680. $150,000 - $199,999 6.53% 6.92% 6.34% $100,000 - $149,000 14.22% 14.53% 14.09% $75,000 - $99,999 14.44% 12.16% 12.45% In 2020, the median household income for your selected geography is $50,000 - $74,999 17.48% 16.49% 16.57% $63,397, compare this to the US average which is currently $62,990. The median household income for your area has changed by 64.47% $35,000 - $49,999 12.43% 11.41% 11.67% since 2000. It is estimated that the median household income in your $25,000 - $34,999 9.20% 8.51% 8.60% area will be $71,966 five years from now, which represents a change of 13.52% from the current year. $15,000 - $24,999 9.15% 9.32% 9.51% $91,676 Under $15,000 11.15% 11.88% 11.59% The current year per capita income in your area is $36,236, compare Average Household Income $86,940 $91,676 $90,322 3-MILE HOUSEHOLD INCOME this to the US average, which is $34,935. The current year average household income in your area is $86,940, compare this to the US Median Household Income $63,397 $61,496 $60,270 average which is $90,941. 28 Per Capita Income $36,236 $34,099 $32,541 29 JOHN LALLY RYAN ROTHSTEIN-SERLING MARTIN D. AGNEW Senior Associate First Vice President Investments Senior Vice President Investments Direct: 818.212.2734 Direct: 818.212.2725 Direct: 818.212.2744 [email protected] [email protected] [email protected] License: CA 01940040 License: CA 01920619 License: CA 01339034