FEB TO SEPT 2021 6 Mos. No Mortgage Pmt on SBA Loans OFFERING MEMORANDUM | LISTING PRICE: $3,900,000

18289-18323 SIERRA HWY SANTA CLARITA, CA 91387 OWNER-USER MEDICAL OFFICE CONVERSION OPPORTUNITY This Memorandum (“Offering Memorandum”) has been prepared by Hudson Commercial Partners, Inc. based on information that was furnished to us by sources we deem to be reliable. No warranty or representation is made to the accuracy thereof; subject to correction of errors, omissions, change of price, prior sale, or withdrawal from market without notice.

This Memorandum is being delivered to a limited number of parties who may be interested in and capable of purchasing the Property. By its acceptance hereof, each recipient agrees that it will not copy, reproduce or distribute to others this Memorandum in whole or in part, at any time, without the prior written consent of Hudson Commercial Partners, Inc., and it will keep permanently confidential all information contained herein not already public and will use this Confidential Memorandum only for the purpose of evaluating the possible acquisition of the Property.

This Memorandum does not purport to provide a complete or fully accurate summary of the Property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information, which prospective buyers may need, or desire. All financial projections are based on assumptions relating to the general economy, competition and other factors beyond the control of the Owner and, therefore, are subject to material variation. This Memorandum does not constitute an indication that there has been no change in the business or affairs of the Property or the Owner since the date of preparation of this Memorandum.

This Memorandum is being delivered by Hudson Commercial Partners Inc. to prospective purchasers with the understanding that all prospective purchasers will conduct their own independent investigation of those matters, which they deem appropriate in order to evaluate this offering. Additional information and an opportunity to inspect the site will be made available to interested and qualified prospective purchasers. Hudson Commercial Partners, Inc. reserves the right to request the return of any or all of the information enclosed. TABLE OF CONTENTS SECTION ONE 03 EXECUTIVE OVERVIEW SECTION TWO 13 PROPERTY INFORMATION SECTION THREE 19 LOCATION OVERVIEW

© 2019 Hudson Commercial Partners, Inc. The information contained in this document has been obtained from sources believed reliable. While Hudson Commercial Partners, Inc. does not doubt its accuracy, Hudson Commercial Partners, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors, which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Hudson Commercial Partners, Inc. logo are service marks of Hudson Commercial Partners, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Click here to get the map in PDF Click here to get the map in TIF

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18289-18323 91387 SIERRAHWY, CA SANTA CLARITA, SUBJECT PROPERTY

SECTION 1 | EXECUTIVE OVERVIEW

DOLAN WAY WAY DOLAN DOLAN SUBJECT PROPERTY

18289-18323 SIERRA HWY, SANTA CLARITA, SANTA CA SIERRA HWY, 91387 18289-18323

SIERRA HWY

Click here to get the map in TIF in map the get to here Click Click here to get the map in PDF in map the get to here Click PROPERTY OVERVIEW

Hudson Partners is pleased to present 18289-18323 Sierra Hwy. Situated on the corner of and Dolan Way, this property boasts 16,684 SF (15,342 assessor SF) on a parcel totaling 35,284 SF. The property is located just around the corner from the newly constructed Canyon Country Community Center.

For Owner-Users, this property presents an opportunity to build equity while simultaneously subsidizing mortgage payments by leasing some of the 20 suites on site. As of Feb. 2nd, SBA is offering borrowers 6 months of no mortgage payments, a unique opportunity for Owner-Users to build out space while stabilizing the asset. For Medical Owner-Users, this property’s extensive parking (65 gated spaces) allows for a portion of the SF to be converted to medical office (Buyer to conduct independent due diligence). Due to the COVID-19 pandemic, there has been a flight of capital to suburban markets. Low inventory of potential medical office space in the Santa Clarita submarket makes this property an attractive opportunity for medical office owner-users.

HIGHLIGHTS

• 20 Suites • Ample Gated Parking (65 Spaces) • Easy Access to 14 Freeway • 1988 Construction • Well-maintained w/MTM Tenancy

5 — 18289-18323 SIERRA HWY | SANTA CLARITA, CA 91387 PROPERTY DESCRIPTION SITE DESCRIPTION PHYSICAL DESCRIPTION

DESCRIPTION SPECIFICATION DESCRIPTION SPECIFICATION

RENTABLE SF 16,684 SF CONSTRUCTION TYPE Wood-frame Stucco

ASSESSOR SF 15,342 SF ROOF Rolled Composition

PARCEL AREA 35,284 SF FOUNDATION Concrete Slab PARCEL NUMBER 2844-030-005 FIRE PROTECTION Extinguisher BUILDING TYPE Two-Story Free Standing Office/Retail

HVAC Package Units NUMBER OF STORIES 2 Stories

ZONING C3-RPDSO METERS Individually Metered

PARKING 65 Spaces CEILING HEIGHT 11.5 ft

YEAR BUILT 1988 ELEVATOR None TENANCY Multi (20 Suites) SIGNAGE Eyebrow Signage LOT DIMENSIONS 151' x 251' x 201' x 153' PARKING RATIO 3.58/1,000 SF STREET FRONTAGE 115' on Sierra Hwy

CROSS STREET Dolan Way / Sierra Hwy HIGHWAY ACCESS 14 Freeway

118289-18323 SIERRA HWY| SANTA CLARITA, CA 91387 — 6 USER OCCUPANCY COSTS OWN VS. RENT ANALYSIS ESTIMATED OPERATING | USER OCCUPANCY COSTS

SUMMARY TERMS DESCRIPTION ESTIMATED PSF

PRICE $3,900,000 TAXES (1.125%) $43,750 $2.92 DOWN PAYMENT (10%) $390,000

BUILDING SIZE 16,684 SF INSURANCE $5,839 $0.35

PRICE PER FOOT ON BUILDING $233.76 UTILITIES $19,185 $1.15 LOT SIZE 35,284 SF

PRICE PER FOOT ON LAND $110.53 REPAIRS & MAINTENANCE $8,342 $0.50 YEAR BUILT 1988

ZONING C3-RPDSO CAPITAL RESERVES/MISC $5,005 $0.30

LOAN ASSUMPTIONS TOTAL OPERATING EXPENSES $87,121 $5.22

SUMMARY TERMS DEBT SERVICE $191.088 $11.45 LOAN AMOUNT $3,510,000

LOAN TYPE SBA 90% TOTAL OCCUPANCY COSTS $278,209 $16.75

INTEREST RATE 2.5% MONTHLY OCCUPANCY COSTS $1.39 PSF AMORTIZATION 25 Years (before tax advantages of ownership)

MONTHLY PAYMENT $15,924 Note: Buyer can aquire with 10% down Payment, with SBA Financing. Larger down payments will compress occupancy costs even further.

7 — 18289-18323 SIERRA HWY | SANTA CLARITA, CA 91387 LEASE VS. OWN

16,684 SF 16,684 SF LEASE SCENARIO PER/SF AMOUNT OWN SCENARIO PER/SF AMOUNT LEASE ASSUMPTIONS: PURCHASE ASSUMPTIONS: Rent Per Month $18,352 Purchase Price $234 $3,900,000 Improvements - Additional $0 $0 Rent Per SF Retail Gross $1.10 Total $234 $3,900,000

START-UP COSTS: START-UP COSTS: Borrower cash down payment (20%) $390,000 Prepaid rent and security deposit (2 mo.’s total) $36,705 Estimated fees on 1st mortgage** $17,550 Lessee TI costs, net of lessor TI allowance** $0 Est. appraisal, environmental, other fees** $5,000 Total startup costs $36,705 Total startup costs $412,500

GROSS MONTHLY COSTS: GROSS MONTHLY COSTS: Rent payment $1.10 $33,029 Mortgage payment $0.95 $15,924 Lease operating costs** $0.50 $4,235 Ownership operating costs** $0.44 $7,258 Gross monthly cash cost $1.60 $37,264 Gross monthly cash cost $1.39 $23,182

LEASE BENEFITS (PER MONTH): OWNERSHIP BENEFITS - EXCEL. APPRECIATION (PER MONTH): Depreciation tax benefit at 35% tax rate $0 $0 Depreciation tax benefit at 35% tax rate $0.14 $2,333 Avg. monthly principal paydown | equity build $0 $0 Avg. monthly principal paydown | equity build $0.62 $10,265 Tax benefit on rent deduction at 35% tax rate $0.39 $6,423 Tax benefit on rent deduction at 35% tax rate $0.17 $2,822 Tax benefit on operating costs at 35% tax rate $0.18 $2,920 Tax benefit on operating costs at 35% tax rate $0.15 $2,540 Lease-out income (net of tax at 35% rate) $0 $0 Lease-out income (net of tax at 35% rate) $0.00 $0 Interest on startup cost difference (net of 35% tax) -$0.04 -$611 $0.0 $0 $1.04 $17,832 $0.56 $9,343 NET COST AFTER OWNERSHIP BENEFITS EXCEL APPRE: $0.35 $5,832 NET COST AFTER LEASE BENEFITS: $1.04 $17,351 Est. appreciation benefit, per month $0.39 $6,500 Est. appreciation benefit, per month $0.00 $0 NET COST AFTER OWNERSHIP BENEFITS INCL. APPRE: -$0.04 -$668 NET COST AFTER LEASE BENEFITS $1.04 $17,351

PROJECTED RENT COST IN YEAR 10 Net rent cost (after tax benefits at 35% rate) $1.36 $22,640 GROWTH IN PROPERTY VALUE & OWNER EQUITY Assumed annual rent escalation 2.5%

ANALYSIS LIMITATIONS: ASSUMED ANNUAL APPRECIATION RATE OF: 2.0% THIS ANALYSIS DOES NOT INCLUDE SUPPLEMENTAL INCOME STREAM FROM POTENTIAL BORROWER DOWN PAYMENT (10%): $390,000 TENANTS - LOWERING OCCUPANCY COSTS SIGNIFICANTLY PROPERTY VALUE LOAN BALANCE OWNER EQUITY Disclaimer: This sample analysis is based on a series of assumptions, including loan interest rates and annual appreciation rates, and is meant only to be illustrative in nature. The analysis is not a guarantee of any actual results of any loan or purchase transaction or ownership Year 5 $4,305,915 $2,949,391 $1,356,524 of any real property, all of which are subject to risks, uncertainties and assumptions that are difficult to predict and beyond our control. No Year 10 $4,754,078 warranties or representations, express or implied, are made as to the accuracy of the information contained herein, and same is submitted $2,241,259 $2,512,819 subject to the possibility of errors, omissions, change of price, rental or other conditions, withdrawal without notice, prior sale, lease or Year 15 $5,248,887 $1,418,682 $3,830,205 financing. We include projections, opinions, assumptions or estimates for example only, and they may not represent future performance of the property. You and your financial and legal advisors should conduct your own evaluation of the property and transaction economics. Year 20 $5,795,195 $463,162 $5,332,033

118289-18323 SIERRA HWY| SANTA CLARITA, CA 91387 — 8 RENT ROLL - CURRENT

UNIT UNIT % OF LEASE OTHER TENANT TENANT SUITE # UNIT SF TYPE RENT PSF GLA EXPIRATION EXP. FIRST FLOOR: Assured Logistics 101-102 1,575 Office $2,600.00 $1.65 9% 6/30/23 Gas + Electrical Zabi Kator 103 787 Office $2,678.00 $3.40 5% MTM Gas + Electrical Justin Belyeu 104 787 Office $2,758.00 $3.50 5% 8/31/23 Gas + Electrical Jesse Biggs 105 540 Retail $1,350.00 $2.50 3% 3/31/23 Gas + Electrical A Style Above 106 640 Retail $1,250.00 $1.95 4% MTM Gas + Electrical Furnished Catering 107 1,055 Retail $0.00 $0.00 6% Vacant Gas + Electrical Goldie Crokett 108 540 Office $1,150.00 $2.13 3% 10/31/21 Gas + Electrical Bryce Barnette 109 1,000 Office $950.00 0.95 6% 4/30/22 Gas + Electrical Solid Foundation Church 110-111-209 2,810 Office $2,500.00 $0.89 17% MTM Gas + Electrical SECOND FLOOR: Farmers Insurance 201 748 Office $1,000.00 $1.34 4% MTM Gas + Electrical Vacant 202 800 Office $0.00 $0.00 5% Vacant Gas + Electrical Buttafly Jonez 203 692 Retail $1,100.00 $1.59 4% MTM Gas + Electrical Vacant 204 691 Retail $0.00 $0.00 4% Vacant Gas + Electrical Teresa Jacobs 205 375 Office $675.00 $1.80 2% MTM Gas + Electrical Valencia Home Health 206 690 Retail $950.00 $1.38 4% 5/31/21 Gas + Electrical Lawrence Distribution 207 810 Retail $1,050.00 $1.30 5% MTM Gas + Electrical Dr. Geroge Blinkinship 208 354 Office $750.00 $2.12 2% MTM Gas + Electrical Five Star Registration 210 750 Office $1,000.00 $1.33 4% 5/31/22 Gas + Electrical Reza Khan Hospitality 211 1,255 Office $1,400.00 $1.12 7% MTM Gas + Electrical HPC PAYROLL 211 1,255 Office $1,400 $1.12 7.5% MTM Gas + Electrical Other Income (Signage) 11 Spots TOTAL 16,899 SF $23,161.00 $1.52 100%

9 — 18289-18323 SIERRA HWY | SANTA CLARITA, CA 91387 RENT ROLL - PRO FORMA

UNIT PRO FORMA PRO FORMA UNIT % OF LEASE OTHER TENANT TENANT SUITE # UNIT SF TYPE RENT PSF GLA EXPIRATION EXP. FIRST FLOOR: TBD 101-102 1,575 Office $2,598.75 1.65 9% 6/30/23 Gas + Electrical TBD 103 787 Office $2,951.25 3.75 5% MTM Gas + Electrical TBD 104 787 Office $2,754.50 3.50 5% 8/31/23 Gas + Electrical TBD 105 540 Retail $1,404.00 2.60 3% 3/31/23 Gas + Electrical TBD 106 640 Retail $1,376.00 2.15 4% MTM Gas + Electrical TBD 107 1,055 Retail $1,899.00 1.80 6% Vacant Gas + Electrical TBD 108 540 Office $1,215.00 2.25 3% 10/31/21 Gas + Electrical TBD 109 1,000 Office $1,800.00 1.80 6% 4/30/22 Gas + Electrical TBD 110-111-209 2,810 Office $3,091.00 1.10 17% MTM Gas + Electrical SECOND FLOOR: TBD 201 748 Office $2,618.00 3.50 4% MTM Gas + Electrical TBD 202 800 Office $2,800.00 3.50 5% Vacant Gas + Electrical TBD 203 692 Retail $2,422.00 3.50 4% MTM Gas + Electrical TBD 204 691 Retail $2,418.50 3.50 4% Vacant Gas + Electrical TBD 205 375 Office $937.50 2.50 2% MTM Gas + Electrical TBD 206 690 Retail $2,415.00 3.50 4% 5/31/21 Gas + Electrical TBD 207 810 Retail $2,835.00 3.50 5% MTM Gas + Electrical TBD 208 354 Office $885.00 2.50 2% MTM Gas + Electrical TBD 210 750 Office $997.50 1.33 4% 5/31/22 Gas + Electrical TBD 211 1,255 Office $2,133.50 1.70 7% MTM Gas + Electrical TBD 211 1,255 Office $1,800 $1.43 7.5% MTM Gas + Electrical SIGNAGE 11 Spots $550 TOTAL 16,899 SF $41,101.00 2.61 100%

118289-18323 SIERRA HWY| SANTA CLARITA, CA 91387 — 10 FINANCIAL ANALYSIS

FINANCIAL OVERVIEW ANNUALIZED OPERATING DATA

DESCRIPTION SPECS INCOME CURRENT PSF PRO-FORMA PSF

Gross Potential Rent $ $20.73 $474,612 $28.44 Gross Square Feet 16,684 SF Signage Income $0 $0 $6,600

Total Potential Income $318,000 $20.73 $481,212 $28.84

Vacancy (10%) ($23,850) ($1.56) $48,121 $2.88 Assessor Square Feet 15,342 SF Effective Gross Income $294,150 $19.17 $435,091 $25.96

Operating Expenses ($84,010) ($5.48) $125,617 $7.53 Lot Size 35,284 SF Net Operating Income $210,140 $13.69 $307,474 $18.43

Tenancy Multi EXPENSES PRO-FORMA PSF

Taxes (1.15%) $48,750 $2.92

Insurance $5,839 $0.35 Year Built 1988 Utilities $19,185 $1.15

Repairs & Maintenance $8,342 $0.50

Zoning C3-RPDSO Management Fee (8%) $38,996 $2.21

CAP Reseves $5,005 $0.30

TOTAL EXPENSES $125,617 $7.53 Type of Ownership Fee Simple

11 — 18289-18323 SIERRA HWY | SANTA CLARITA, CA 91387

COLLEGE OF THE CANYONS - CANYON CAMPUS CENTER | 1.5 MILES SECTION 2 | PROPERTY INFORMATION

PROPERTY PHOTOS

17 — 18289-18323 SIERRA HWY | SANTA CLARITA, CA 91387 PROPERTY PHOTOS

118289-18323 SIERRA HWY| SANTA CLARITA, CA 91387 — 18 COSTCO | 1.6 MILES SECTION 3 | LOCATION OVERVIEW MARKET DEMOGRAPHICS

21 — 18289-18323 SIERRA HWY | SANTA CLARITA, CA 91387 MARKET DEMOGRAPHICS

118289-18323 SIERRA HWY| SANTA CLARITA, CA 91387 — 22 AERIAL AMENITIES

COLLEGE OF THE CANYONS CANYON COUNTRY CAMPUS

SIERRA HWY

SUBJECT PROPERTY 14

DIAMOND PARK APARTMENTS AMENITIES DISTANCE CANYON COUNTRY COMMUNITY CENTER DIAMOND PARK APARTMENTS 0.1 mi CANYON COUNTRY COMM. CENTER 0.25 mi RD COLLEGE OF THE CANYONS 1.5 mi

23 — 18289-18323 SIERRA HWY | SANTA CLARITA, CA 91387 CANYON COUNTRY COMMUNITY CENTER

The 8-Acre development of Canyon Country Community Center will continue to add value and attraction to the Canyon Country Housing/Commercial Market. By adding excellent amenities through engaging the public, the community center should become a centerpiece of community activity. Set to be completed in early 2022 Canyon Country Community Center design includes the following: • gymnasium • computer technology • arts and crafts • community and fitness rooms • open turf play area • flexible outdoor spaces for events • play area, walkways and landscaping • demonstration kitchen (to be used for teaching)

.25 miles from Subject Property

118289-18323 SIERRA HWY| SANTA CLARITA, CA 91387 — 24 DIAMOND PARK APARTMENT HOMES

Located to the immediate rear of the subject property, the Diamond Park Apartment Homes complex safe and comfortable apartment living. The Complex has strong occupancy with sought after unit/community amenities.

Unit Amenities: • Central Air Conditioning • Large Private Balcony/Patio • Walk-in Closets • Whirlpool Appliances Community Amenities: • Barbecue and Picnic Areas with Tables • Gated Access • On-site Maintenance • Shimmering Swimming Pool • Two Playgrounds

Located behind Subject Property

25 — 18289-18323 SIERRA HWY | SANTA CLARITA, CA 91387 DIAMOND PARK APARTMENT HOMES

118289-18323 SIERRA HWY| SANTA CLARITA, CA 91387 — 26 LOCATION OVERVIEW

14) runs northeast-southwest through an irregular east ha) between Monterey and Los Angeles counties. The border, and the Newhall Pass is the city’s southernmost most significant portion was the 46,460 acres (18,800 point. ha) in northern Los Angeles County, which he purchased for $2/acre, and which became Santa Clarita is often associated with the Six Flags Magic known as Newhall Ranch after Newhall’s death. Within Mountain amusement park, though the park is located this territory, he granted a right-of-way to Southern Pacific just outside the city limits, and the California Institute of through what is now Newhall Pass, and he also sold them the Arts (CalArts), located in Valencia. a portion of the land, upon which the company built a town they named after him: Newhall. The first station HISTORY built on the line he named for his hometown, Saugus, Massachusetts. Following his death, Newhall’s heirs Santa Clarita was incorporated in December 1987, but its incorporated the Newhall Land and Farming Company, history stretches back several centuries. About AD 450, which oversaw the development of the communities that the Tataviam arrived, numbering around 2,000 at their now make up the city of Santa Clarita. zenith. On September 26, 1876, Charles Alexander Mentry In 1842, Francisco Lopez made the first “documented” brought in the state’s first productive oil well at discovery of gold in California. The event is memorialized Mentryville, giving rise to the California oil industry. Santa Clarita, officially the City of Santa Clarita, is the in an 1842 mining claim issued by Gov. Juan B. Alvarado. The oil was brought to a refinery at Newhall, now the third largest city in Los Angeles County, California, United The discovery was made in Placerita Canyon, an area oldest existing petroleum refinery in the world: It was States and the eighteenth largest in the state of California. later used as Hollywood’s original back lot. operational from 1874 to 1888. The city has annexed a number of unincorporated areas, contributing to the large population increase. It is located The community of Newhall is named after Henry Newhall, A few days earlier, on September 5, 1876, Charles Crocker about 35 miles (56 km) northwest of downtown Los a businessman who made his original fortune during the and Leland Stanford joined their railroads in Canyon Angeles, and occupies most of the . after opening up the H.M. Newhall Country, linking Los Angeles with the rest of the nation It is a notable example of a U.S. edge city or boomburb. & Company, an extremely successful auction house in San for the first time. Santa Clarita was ranked by Money magazine in 2006 as Francisco. Newhall’s next business interest was railroads. 18th of the top 100 places to live. He invested in rail companies that would connect San The Saugus Cafe, on Railroad Avenue in Saugus, was Francisco to other cities and became president of the established in 1887 and appears to be, by far, the oldest Santa Clarita was incorporated in December 1987 as San Francisco and San Jose Railroad. In 1870, he and his still-operating restaurant in Los Angeles County. the union of several previously existing communities, partners sold the company to Southern Pacific Railroad, including Canyon Country, Newhall, Saugus, and Valencia, on whose board of directors he then sat. After railroads, Filming in Santa Clarita began shortly after the turn of all of which are situated on the land of the former Rancho Newhall turned his eye to real estate and ranching. He the 20th century with a veritable Who’s Who of actors, San Francisco. It is bounded on the west by the Golden purchased a number of the old Spanish and Mexican land including William S. Hart, Tom Mix, Harry Carey and a State Freeway (I-5). The Antelope Valley Freeway (SR- grants in the state for a total of 143,000 acres (58,000 young John Wayne. Hart and Carey made their homes

27 — 18289-18323 SIERRA HWY | SANTA CLARITA, CA 91387 LOCATION OVERVIEW in the Santa Clarita Valley; today both are operated as county parks.

The Santa Clarita Valley was the scene of the second worst disaster in California’s history in terms of the number of lives lost. Known as the “worst civil engineering failure of the 20th century”. Shortly before midnight on March 12, 1928, the St. Francis Dam collapsed. By the time the floodwaters reached the Pacific Ocean near Ventura five hours later, nearly 600 people were dead. Within modern Santa Clarita city limits, the present day site of the Westfield Valencia Town Center mall would have been buried beneath muck, mud and debris. Numerous buildings in Newhall became makeshift morgues. After numerous failed attempts to form a city and at least two failed attempts to form a separate county, the people of the Santa Clarita Valley finally succeeded in incorporating the City of Santa Clarita at 4:30 PM on December 15, 1987 after voting in favor of incorporation by a margin of two to one in that year’s general election. The other proposed name for the new city, which was narrowly defeated, was “City of the Canyons.

GEOGRAPHY

Santa Clarita, according to the United States Census Bureau, has a total area of 62.16 square miles (161.0 km2), of which 62.10 square miles (160.8 km2) is land and 0.06 square miles (0.16 km2) (0.099%) is water.

118289-18323 SIERRA HWY| SANTA CLARITA, CA 91387 — 28 LOCATION OVERVIEW

Santa Clarita is situated near the San Fernando fault zone before and was last seen on April 8, 2011 and February household size was 2.94. There were 44,336 families and was affected by the 1971 San Fernando earthquake, 26, 2011, where some areas received a dusting. The area (74.5% of all households); the average family size was also known as the Sylmar quake. The city was also also received measurable snow on January 2, 2011 (1-4 3.37. affected by the 1994 Northridge earthquake, and many inches). commercial and residential buildings were devastated In terms of age, the population included 46,180 people by its aftermath, including the nearby Newhall Pass, the DEMOGRAPHICS (26.2%) under the age of 18, 17,565 people (10.0%) Valencia Town Center, and . The aged 18 to 24, 47,788 people (27.1%) aged 25 to 44, 38 story tall Sky Tower at Magic Mountain swayed six feet The 2010 United States Census reported that Santa Clarita 47,936 people (27.2%) aged 45 to 64, and 16,851 people in each direction during the Northridge earthquake with had a population of 176,320. The population density was (9.6%) who were 65 years of age or older. The median only minor damage. 3,340.6 people per square mile (1,289.8/km²). The age was 36.2 years. For every 100 females there were racial makeup of Santa Clarita was 125,005 (70.9%) 97.1 males. For every 100 females age 18 and over, there CLIMATE White (56.1% Non-Hispanic White), 5,623 (3.2%) African were 94.0 males. American, 1,013 (0.6%) Native American, 15,025 (8.5%) Santa Clarita is within a Mediterranean climate zone, Asian (3.4% Filipino, 1.7% Korean, 0.8% Indian, 0.8% There were 62,055 housing units at an average density characterized by warm and dry days most of the year Chinese, 0.6% Japanese, 0.3% Vietnamese, 0.9% Other of 1,175.7 per square mile (453.9/km²), of which 42,335 with mild-moist winters. During the summer, hot weather Asian), 272 (0.2%) Pacific Islander, 21,169 (12.0%) from (71.1%) were owner-occupied, and 17,172 (28.9%) were is predominant with occasional days of high humidity and other races, and 8,213 (4.7%) from two or more races. occupied by renters. The homeowner vacancy rate was cumulus buildups over the higher terrain surrounding the There were 51,941 people of Hispanic or Latino origin, of 1.4%; the rental vacancy rate was 6.0%. 124,532 people valley. During influxes of monsoonal moisture in the any race (29.5% of the population). (70.6% of the population) lived in owner-occupied summer, thunderstorms sometimes occur. Due to its close housing units and 50,378 people (28.6%) lived in rental proximity to the Mojave/Upper Desert and Pacific ocean, The census reported that 174,910 people (99.2% of the housing units. varying micro-climates are common. Characterized by dry population) lived in households, 1,281 (0.7%) lived in hills covered in brush and chaparral, the months of late non-institutionalized group quarters, and 129 (0.1%) According to the Census Bureau, Santa Clarita had a summer and early autumn are often referred to as “fire were institutionalized. There were 59,507 households, median household income of $84,291, with 8.6% of the season.” Moreover, wildfire activity occurs throughout out of which 24,677 (41.5%) had children under the population living below the federal poverty line. the entire year during drought conditions. The warmest age of 18 living in them, 34,126 (57.3%) were opposite- months of the year are July through September, although sex married couples living together, 6,888 (11.6%) had it is not unusual for hot weather to occur in early October. a female householder with no husband present, 3,322 During this time, temperatures typically remain in the (5.6%) had a male householder with no wife present. high 90’s and low 100’s, but temperatures can reach as There were 3,134 (5.3%) unmarried opposite-sex high as 117 degrees, as it did in September 2010. Winters partnerships, and 484 (0.8%) same-sex married couples are mild, with temperatures dropping below freezing only or partnerships. 11,634 households (19.6%) were made occasionally on clear winter nights. Rain falls primarily up of individuals and 4,335 (7.3%) had someone living from December through February. Snow has occurred alone who was 65 years of age or older. The average

29 — 18289-18323 SIERRA HWY | SANTA CLARITA, CA 91387 LOCATION OVERVIEW

118289-18323 SIERRA HWY| SANTA CLARITA, CA 91387 — 30 JAY MARTINEZ CONTACT Managing Principal C: 310.658.3357 4605 Lankershim Blvd. Suite 214 P: 818.699.1603 Universal City, CA 91602 F: 818.688.8140

Cal BRE: 01367663 E: [email protected] www.hudsonpartnersinc.com

CONNOR MACLEOD CONTACT Senior Associate C: 424.422.5848 4605 Lankershim Blvd. Suite 214 P: 818.699.1603 Universal City, CA 91602 F: 818.332.4977

Cal BRE: 02083085 E: [email protected] www.hudsonpartnersinc.com

MICHAEL CRISWELL CONTACT Senior Associate C: 323.559.1936 4605 Lankershim Blvd. Suite 214 P: 818.699.1604 Universal City, CA 91602 F: 818.332.4977

Cal BRE: 02081650 E: [email protected] www.hudsonpartnersinc.com