2245-2251 Westwood Boulevard Los Angeles, CA 90064

Total Page:16

File Type:pdf, Size:1020Kb

2245-2251 Westwood Boulevard Los Angeles, CA 90064 For Sale 2245-2251 Westwood Boulevard Los Angeles, CA 90064 For Sale | Two Freestanding Commercial Buildings in West L.A. 2245-2251 Westwood BoulevardLos Angeles, CA 90064 T.C. Macker, CCIM President D. 310.966.4352 [email protected] DRE# 01232033 Jennifer Moscoso Associate D. 310.966.4397 [email protected] DRE# 02044716 Lauren Sackler Associate D. 310.966.4351 [email protected] DRE# 02082395 WESTMAC Commercial Brokerage Company 1515 S. Sepulveda Blvd., Los Angeles, CA 90025 Phone 310.778.7700 Company DRE# 01096973 www.westmac.com © 2019 WESTMAC Commercial Brokerage Company. All Rights Reserved. WESTMAC Commercial Brokerage fully supports the principles of the Equal Opportunity Act. WESTMAC Commercial Brokerage Company and the WESTMAC Commercial Brokerage Company logo are registered service marks owned by WESTMAC Commercial Brokerage Company and may not be reproduced by any means or in any form whatsoever without written permission. © 2019 WESTMAC Commercial Brokerage Company. All Rights Reserved. WESTMAC Commercial Brokerage fully supports the principles of the Equal Opportunity Act. WESTMAC Commercial Brokerage Company and the WESTMAC Commercial Brokerage Company logo are registered service marks owned by WESTMAC Commercial Brokerage Company and may not be reproduced by any means or in any form whatsoever without written permission. 2245-2251 WESTWOOD BOULEVARD Executive Summary WESTMAC Commercial Brokerage Company, as exclusive agents, are pleased to present for sale, 2245-2251 Westwood Boulevard in West Los Angeles. 2245-2251 Westwood Boulevard is situated on one parcel, and is comprised of one single-story retail building, and one two-story mixed-use building. The retail building, which has 40’ of frontage on Westwood Boulevard, is approximately 1,800 square feet, is currently subdivided into two spaces, but occupied by a single tenant. The mixed-use building is set behind the retail building, separated by 5 tandem parking spaces (10 total). The mixed-use building is comprised of four units totaling approximately 2,600 square feet. The bottom floor of the building is approximately 1,400 square feet and will be delivered leased (lease pending). The top floor of the building is divided into two residential units (each 1 bedroom, 1 bath) of about 600 square feet each, separated by a main stairway. They are occupied by one long term tenant and one new tenant (lease pending). The parcel is zoned LAC4 and a TOC (Transit Oriented Communities) Tier 3 which allows for greater development potential for developers looking to build in a revitalizing area. They property is located one-quarter mile from One Westside, the site of a former shopping mall which is being converted into nearly 600,000 square feet of offices, which Google has pre-leased. 2245-2251 Westwood Boulevard offers buyers the opportunity to purchase on Westwood Boulevard, a street best known for it’s ample retail amenities within a densely populated part of West Los Angeles. 4 5 6 Property Summary ADDRESS 2245-2251 Westwood Blvd., Los Angeles, CA 90064 APN 4322-002-017 BUILDING SIZE ± 4,400-square feet (3,642 SF per tax record) LAND SIZE ± 5,400-square feet (5,405 SF per tax record) PROPERTY TYPE Retail & Mixed-Use BUILT 1940 ZONING C4-1VL-POD; Tier 3 TOC FRONTAGE 40’ along Westwood Blvd. (front building only) TENANCY Multiple PARKING Room for approximately ten (10) cars parked (5 tandem spaces) Investment Summary OWNERSHIP Fee Simple NOI $159,375 CAP RATE 3.98% SALE PRICE $4,000,000 ($909/SF) PROPERTY TOURS Contact Listing Agents for Details 7 Property Composition The property is being offered for sale. Offering includes both front and rear commercial buildings. The front building is comprised of 2 retail units currently leased to the same tenant.. The back building is comprised of 4 office/residential units, the ground floor has two 2 office units which will be leased to one tenant, and two second-floor apartment units. Each unit is one-bedroom, one bath. Both apartment units will be delivered leased. 8 Aerial View Parcel Map 9 Financial Summary INCOME ANALYSIS Total Buildings +/- 4,400-sf Total Land +/- 5,400-sf Total Parking 10 (5 tandem spaces) INCOME ANALYSIS EXPENSES ANNUAL Gross Rental Income $210,000 Taxes $48,800 Less Operating Expenses ($50,625) Insurance $1,825 NOI $159,375 Total $50,625 - Real Estate Taxes are estimated at 1.22% based on a purchase price of $4,000,000. - Tenants pay expenses. Owner pays for Taxes and Insurance. - Income analysis does not take into account renovations costs, Tenant Improvements, Carry or Leasing Commissions. 10 RENT ROLL RENT RENT UNIT USE SIZE RENT (PSF) NOTES (MONTHLY) (ANNUAL) Front Building 4045 Retail 900 sf $4.17 $3,750 $45,000 Units 4045 & 4047 leased by same tenant. 4047 Retail 900 sf $4.17 $3,750 $45,000 Lease term ends at end of year. No options. Total 1,800 sf $7,500 $90,000 Rear Building 4049 A & 4051 A Recording Studio 1,400 sf $4.29 $6,000 $72,000 Lease (pending). Term 1 year. No options. 4049 B Apartment 600 sf $2.50 $1,500 $18,000 Long term tenant. MTM. 4051 B Apartment 600 sf $4.17 $2,500 $30,000 Lease (pending). Term 1 year. Total 2,600 sf $10,000 $120,000 Total Property 4,400 sf $17,500 $210,00 11 Front Building 2245-2247Westwood Boulevard Building Summary The front building, 2245-2247 Westwood Boulevard is comprised of one-story approximately 1,800-square feet. There are 2 total units. Each unit is approximately 900-square feet. Both of the units are occupied by a single retail tenant (see lease abstract). The building is well maintained and each unit is separately metered. 12 Lease Abstract UNIT USE Retail UNIT # 2245 & 2247 (entire bldg.) Westwood Boulevard UNIT SIZE ± 1,800-square feet LEASE TERM Expires end of 2019, then MTM OPTION None RENT $7,500 per month for both units PARKING Two (2) spaces EXPENSES: Tenants pay all utilities. Owner pays taxes & insurance 13 Back Building 2249-2251Westwood Boulevard Building Summary The rear building, 2249-2251 Westwood Boulevard is comprised of approximately 2,600-square feet. There are 4 total units - 2 office units (2449A & 2451A) located downstairs and 2 one-bedroom, one bath apartment units (2449B & 2451B) on the second floor. The first floor is made up of approximately 1,400-square feet, and the second floor approximately 1,200-square feet. The ground-floor can be divided into 2 spaces or kept as one. The entire rear building will be delivered leased (see lease abstract). The building is well maintained, and newly painted. 14 Lease Abstract 1st Floor UNIT USE Recording Studio UNIT # 2251 A & B (entire 1st flr.) UNIT SIZE ± 1,400-square feet LEASE TERM One (1) year; commencing 12/2019 OPTION None RENT $6,000 per month PARKING Two (2) spaces Lease Abstract 2nd Floor UNIT USE Apartment UNIT USE Apartment Westwood Boulevard UNIT # 2249-B UNIT # 2251-B UNIT SIZE ± 600-square feet UNIT SIZE ± 600-square feet LEASE TERM MTM LEASE TERM One (1) year; commencing 12/2019 OPTION None OPTION None RENT $1,500 per month RENT $2,500 per month PARKING One (1) space PARKING One (1) space EXPENSES: All tenants pay electric and water. Owner pays taxes & insurance 15 Unit 4249A & 4251A (1st floor) 16 Unit 4251-B (2nd floor) 17 Offering Highlights HIGH VISIBILITY Front Building provides ample frontage which presents a great signage opportunity along highly-traveled Westwood Boulevard; 0.03 miles SW from the intersection of Olympic and Westwood Boulevards, where estimated traffic volume is over 56K vehicles per day. PRIME WESTSIDE LOCATION Bustling with retailers, surrounded by dense residential neighborhoods, minutes from UCLA and the future Google offices taking over the Westside Pavilion, and in the heart of technology-driven Silicon Beach, 2245-2551 Westwood Boulevard offers buyers unbeatable locale. INVESTOR OPPORTUNITY Building will be delivered 100% leased,offering owners with opportunity to own along a major Los Angeles commerce corridor. FUTURE DEVELOPMENT OPPORTUNITY The land is zoned C-4 and a TOC (Transit Oriented Communities) Tier 3 which allows for greater height, residential density and FAR for development. Buyers are encouraged to contact city about potential developments. 18 DENSE, AFFLUENT RESIDENTIAL POPULATION Area is surrounded by dense residential streets and hundreds of apartment units. The population within a 3-mile radius of the property is estimated at over 320,000. The median household income within 1-mile of the property is over $95,000. BOOMING COMMERCE HUB Part of Silicon Beach, the area is home to several major Class A office campuses occupied by some of the world’s leading media and entertainment companies. Area employers include Snapchat, Google, USC, Sony, Electronic Arts, and many others. Google will also be moving into the now developing offices at the former Westside Pavilion. AMPLE WALKABLE AMENITIES Plentiful walkable amenities along Westwood Boulevard including Starbucks, Chase Bank, Poquito Mas, Pastina Trattoria, Matteo’s, Hertz, Pitfire Pizza, California Chicken Cafe, and many more. ACCESSIBILITY & TRANSIT ORIENTED The property is easily accessible to both the 10 and 405 freeways. It’s located just South of Olympic Boulevard and North of Pico Boulevard, and is less than 0.5 miles East of Sepulveda Boulevard. Westwood Boulevard is also pedestrian friendly with multiple City bus stops. It is also approximately one mile NE from the Metro’s Expo Rail line at Exposition and Sepulveda Boulevard. 19 WEST L.A. Market Highlights The property is located on prominent Westwood Boulevard, just south of Olympic Boulevard. The area has seen recent growth due to the announcement of two major office developments. Demographics Hudson Pacific Properties and Macerich have partnered to transform the Westside Pavilions Mall (the middle of which intersects Pico Boulevard and Westwood Boulevard) into a 584,000 square foot office campus, which has been pre- leased to Google.
Recommended publications
  • Exposition Right of Way
    Exposition Right of Way Transportation, Environmental Improvement, Recreation, and Education The Exposition Right of Way (ROW) between Motor Avenue and Sepulveda Boulevard in West Los Angeles is a fallow strip of land with exciting opportunities. First, the 1 1/3 mile long strip can and should be used as a transit parkway. Transit on the ROW is currently undergoing Environmental Review. Second, the ROW provides a place to clean Ballona Creek, as has been legally mandated. Ballona Creek’s “tributaries” (storm drains carrying Stone Canyon Creek, urban runoff and storm water) cross the ROW, where they can be filtered while irrigating and replenishing groundwater. Third, the ROW has ample space for recreation. Bicycle and walking paths could pass under Westwood Boulevard and Overland Avenue – along with the waterway – and the paths could connect to Palms Park, Palms Child Care Center and Palms Recreation Center, as well as the adjacent Palms-Rancho Park Library. Fourth, the water feature within the park would attract native plants, butterflies and birds, and provide a rich outdoor education laboratory for Overland Elementary School and others. Our mass transit agencies and our water stewards are committed to public spaces and to environmental responsibility. The Exposition Right of Way offers a chance to reach their goals efficiently by combining public projects. Light Rail for Cheviot, http://www.lightrailforcheviot.org/ Page | 2 Transitway/Waterway/Parkway For Transportation The broad and natural Exposition Right of Way (ROW) south and
    [Show full text]
  • Los Angeles Unified School District Response Letter
    Appendix J Los Angeles Unified School District Response Letter LAUSD SCHOOLS ENROLLMENTS AND CAPACITIES PROJECT SERVED: PASEO MARINA PROJECT, located on an approximately 6-acre portion of the existing Marina Marketplace shopping center, 13450 Maxella Avenue, Marina Del Rey, CA 90292. The Project is a new mixed-use development consisting of 658 multi-family residential units and neighborhood-serving commercial uses. SCHOOL YEAR: 2016-2017 (Current and projected enrollments/capacities reflect data from School Year (SY) 2016-17.) 1 2 3 4 5 6 7 8 9 10 11 12 ? ? Now (shortage) (shortage) Future in School Name Current seating seating Current Current Capacity Current Current Calendar Current Actual Enrollment Cost Center Code Cost Center Projected seating seating Projected Projected Capacity Overcrowded Overcrowded overage/ overage/ Resident Enrollment Projected Enrollment Overcrowding ProjectedOvercrowding 1674001 Short Ave El 1 TRK 317 396 262 (79) Yes 285 408 (123) Yes 1823501 Marina Del Rey MS 1 TRK 738 917 593 (179) Yes 686 991 (305) Yes 1890701 Venice SH 1 TRK 2273 2607 1988 (334) Yes 2137 2735 (598) Yes Schools Planned to Relieve Known Overcrowding NONE NOTES: 1 School's ID code. 2 School's name 3 The current calendar the school is operating on. Schools operate on a 'multi-track' calendar (listed as 4 TRK), because of overcrowded conditions. 4 School's current operating capacity, or the maximum number of students the school can serve while operating on its current calendar. Excludes capacity allocated to charter co-locations. Includes capacity for magnet program. 5 The total number of students living in the school's attendance area and who are eligible to attend the school plus students enrolled at any on-site magnet centers.
    [Show full text]
  • Los Angeles Metro Westside Subway Extension
    This is a Draft Document Utility Conflicts Report Los Angeles Metro Westside Subway Extension Participants on this Report: Prepared By: PB America Inc.: Zafer Mudar, PE (commentaries) D'Leon Consulting Engineers Jose Varias 3605 Long Beach Blvd., Suite 235 Long Beach, CA 90807 D'Leon Consulting Engineers: T:(562)989-4500 / F: (562)989-4509 Domingo Leon, PE Email: [email protected] Sara Samaan Dung Quang Nguyen June 2014 Table of Contents 1. Executive Summary...................................................................................................................................................1 History and Background of the Westside Subway Extension Project ..............................................................1 Purpose and Need for Transit Improvements in the Study Area ......................................................................4 Alternatives Before Scoping Period .................................................................................................................6 Alternatives Considered in the Draft EIS/EIR................................................................................................11 2. Existing Utilities along Wilshire Blvd. Corridor at: La Brea Blvd, Fairfax Blvd, La Cienega Blvd. (Underground Stations).......................................................................................................................................................................27 Composite Existing Utilities - Description.....................................................................................................29
    [Show full text]
  • ANALYSIS of EXISTING CONDITIONS a Subregional View Of
    ANALYSIS OF EXISTING CONDITIONS A subregional view of travel on the Westside has been drawn from interviews with elected officials, meetings with MTA and other agencies and analysis of existing data. The subregion considered in this analysis is shown in Figure 1. Because transportation does not respect political boundaries, the Westside Mobility Study area is roughly all of Los Angeles County west of La Brea Avenue, north of Los Angeles International Airport and south of Mulholland Drive. The Westside has many of the most important activity centers in all of Southern California; 16 of these are shown in Figure 2. The Westside Mobility Study has begun to define what might be done to meet those needs for improved linkages, specifying the most critical locations for major transit improvements and other multimodal improvements. Evaluation of Existing Transportation Conditions A goal of the Westside Mobility Study is to provide an accurate picture of the existing traffic and congestion levels on primary arterials and corridors in the Westside area. As there was a large amount of readily available, current data, no new supplementary traffic counts were conducted. Data was acquired from the following sources and ranges predominantly from 2000 to the present day: · Traffic data from the Cities of Beverly Hills, Culver City, Santa Monica and West Hollywood · Transit data from Culver City Bus, Big Blue Bus and MTA · Information from MTA’s Short Range Transportation Plan: Technical Document · Los Angeles Department of Transportation (LADOT) database of traffic counts · Previous Kaku Associates projects · Caltrans counts 10 WESTSIDE MOBILITY STUDY SSOCI TES A Corporation FIGURE 1 STUDY AREA Multi-purpose Activity Centers WESTSIDE MOBILITY STUDY SSOCI TES A Corporation FIGURE 2 MAJOR ACTIVITY CENTERS Area Characteristics - Employment, Population and Housing: The Westside area has at least 10% of the jobs in Los Angeles County and is home to over 6% of County residents.
    [Show full text]
  • 1981 Caltrans Inventory of Pacific Electric Routes
    1981 Inventory of PACIFIC ELECTRIC ROUTES I J..,. I ~ " HE 5428 . red by I58 ANGELES - DISTRICT 7 - PUBLIC TRANSPORTATION BRANCH rI P37 c.2 " ' archive 1981 INVENTORY OF PACIFIC ELECTRIC ROUTES • PREPARED BY CALIFORNIA DEPARTMENT OF TRANSPORTATION (CALTRANS) DISTRICT 07 PUBLIC TRANSPORTATION BRANCH FEBRUARY 1982 • TABLE OF CONTENTS PAGE I. EXECUTIVE SUMMARY 1 Pacific Electric Railway Company Map 3a Inventory Map 3b II. NQR'I'HIRN AND EASTERN DISTRICTS 4 A. San Bernardino Line 6 B. Monrovia-Glendora Line 14 C. Alhambra-San Gabriel Line 19 D. Pasadena Short Line 21 E. Pasadena Oak Knoll Line 23 F. Sierra Madre Line 25 G. South Pasadena Line 27 H. North Lake Avenue Line 30 10 North Fair Oaks Avenue Line 31 J. East Colorado Street Line 32 K. Pomona-Upland Line 34 L. San Bernardino-Riverside Line 36 M. Riverside-Corona Line 41 III. WESTERN DISTRICT 45 A. Glendale-Burbank Line 47 B. Hollywood Line Segment via Hill Street 52 C. South Hollywood-Sherman Line 55 D. Subway Hollywood Line 58 i TABLE OF CONTENTS (Contd. ) -PAGE III. WESTERN DISTRICT (Conta. ) E. San Fernando valley Line 61 F. Hollywood-Venice Line 68 o. Venice Short Line 71 H. Santa Monica via Sawtelle Line 76 I. westgate Line 80 J. Santa Monica Air Line 84 K. Soldier's Home Branch Line 93 L. Redondo Beach-Del Rey Line 96 M. Inglewood Line 102 IV. SOUTHIRN DISTRICT 106 A. Long Beach Line 108 B. American Avenue-North Long Beach Line 116 c. Newport-Balboa Line 118 D. E1 Segundo Line 123 E. San Pedro via Dominguez Line 129 F.
    [Show full text]
  • 1999 Westwood Community Plan Update 97-0049 CPU 98-1534
    WESTWOOD Community Plan TABLE OF CONTENTS ACTIVITY LOG COMMUNITY MAPS COMMUNITY PLAN I. Introduction II. Function of the Community Plan III. Land Use Policies and Programs IV. Coordination Opportunities for Public Agencies V. Urban Design Appendix A 2010 Base Local ArterialImprovements in Westwood www.lacity.org/PLN (General Plans) A Part of the General Plans - City of Los Angeles WESTWOOD ACTIVITY LOG ADOPTION PLAN CPC FILE NO. COUNCIL FILE NO. July 27, 1999 Westwood Community Plan Update 97-0049 CPU 98-1534 Jan. 17, 1997 West Los Angeles Transportation Improvement 96-0220 SP 96-0156 Mitigation Program (TIMP) Specific Plan Sept. 12, 1989 North Westwood Village Specific Plan 12142 84-1635 Sept. 12, 1989 Westwood Community Multiple Family Residential 12142 84-1635 Specific Plan Sept. 12, 1989 Westwood Community Design Review Board 12142 84-1635 Specific Plan Sept. 12, 1989 Westwood Village Specific Plan 12142 84-1635 Wilshire-Westwood Scenic Corridor Specific Plan 28905 80-0773 ADOPTION AMENDMENT CPC FI LE NO. COUNCIL FIL E NO. Sept. 7, 2016 Mobility Plan 2035 Update CPC-2013-910-GPA-SPCA-MSC 15-0719 ESTWOOD W Community Plan Chapter I INTRODUCTION COMMUNITY BACKGROUND PLAN AREA The Westwood Community Plan Area contains 2,571 acres (four square miles) which is less than one percent of the land in the City of Los Angeles. The Community area is generally bounded by Sunset Boulevard and the Bel Air Community on the north; the City of Beverly Hills on the east; Santa Monica Boulevard and the West Los Angeles Community on the south; and the Veterans Administration property, the Brentwood-Pacific Palisades Community and Sepulveda Boulevard on the west.
    [Show full text]
  • Traffic, Circulation, and Parking
    4.1 Traffic, Circulation, and Parking This section describes the existing transportation and parking conditions within and adjacent to the project area. A traffic report describing the potential impacts of the proposed project was prepared by Iteris in March 2010 and is included as Appendix B. This section summarizes the findings of the traffic report and discusses any necessary mitigation and residual impacts after mitigation. The study area for the traffic report prepared for the proposed project was developed in conjunction with LACMTA and the Los Angeles Department of Transportation (LADOT). A study area that included 74 study intersections, consisting of intersections along Wilshire Boulevard, as well as parallel corridors, such as Sunset Boulevard, Santa Monica Boulevard, Olympic Boulevard, Pico Boulevard, 3rd Street, 6th Street, and 8th Street, was established for the proposed project. 4.1.1 Environmental Setting The following discussion includes an overview of the transportation system within the Wilshire BRT study area. The roadway system in the study area forms a grid pattern, with arterials and collectors that generally follow a northeast-to-southwest orientation in the western portion of the study area (west of the City of Beverly Hills) and an east-to-west orientation in the eastern portion of the study area (east of the City of Beverly Hills.) Freeway Network The Santa Monica Freeway (Interstate 10 [I-10]) is a major east-west freeway that parallels Wilshire Boulevard south of the study area. The freeway is one of the busiest and carries some of the highest daily traffic volumes in the nation. Annual counts from the California Department of Transportation (Caltrans) indicate that the 2007 average daily traffic (ADT) on I-10 ranges from 199,000 (east of Centinela Avenue) to 323,000 (east of Vermont Avenue).
    [Show full text]
  • 1985 I405corridorstudy Techm
    IOUTHERR CALIfOAnlA ADOCIATIOn Of GOVERnmEnTJ 600 fouth Commonweolth Avenue. fuite 1000 • Lol' Angelel' • CoHfornio • 90005 • 2!3/385-1000 I-405 CORRIDOR STUDY TECHNICAL MEMORANDUM #2 EXISTI~G CONDITIONS AND NEEDS ANALYSIS DRAFT P-n:pared by: Special Projects Section Oepdrtment of Transportation Planning Southern California Association of Governments 600 South Commonwealth Avenue Los Angeles, California 90005 October, 1985 IOUTHERn CALIfORniA AI/oeIATlOn OF GOVERnmenTI 600 louth Commonwealth Avenue ./uite 1000 • lol' Angelel'. CaU'omio • 90005 • 213/385-1000 I-405 CORRIDOR STUDY TECHNICAL MEMORANDUM #2 EXISTING CONDITIONS AND NEEDS ANALYSIS DRAFT Prepared by: Special Projects Section Department of Transportation Planning Southern California Association of Governments 600 South Commonwealth Avenue los Angeles, California 90005 October. 1985 MTA L ACKNOWLEDGEMENTS This report was prepared, by the following people: William R. Wells Special Projects Manager Peter Samuel Behrman Joan Jenkins TABLE OF CONTENTS Page Executive Summary v I. Study Area Definition 1 II. Existing Demographic Conditions 3 III. Existing Land Use Conditions 3 IV. Existing Transportation System Conditions 3 A. LARTS Mode 1 Data 3 B. Freew~s 3 1. 1-405 3 2. Route 90 10 3. 1-10 10 C. Arterials 14 1. Sepulveda Boulevard 14 2. Bundy Drive-Centinela Avenue 18 3. Jefferson Boulevard-Overland Avenue-Westwood Boulevard- Beverly Glen Boulevard 19 D. Pub 1i c Transportat; on 26 1. Publicly Owned Systems 26 2. Privately Owned Systems 39 3. 1984 Transit Conclusions 40 V. Year 2000/2010 Forecasts 40 A. Freew~s 40 1. I-405 40 2. Route 90 41 3. 1-10 41 B. Arterials 42 1.
    [Show full text]
  • Building, Utility and Adjacent Structure Protection – Tunnels (Final) Task No
    LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY WESTSIDE PURPLE LINE EXTENSION PROJECT, SECTION 3 ADVANCED PRELIMINARY ENGINEERING Contract No. PS‐4350‐2000 Building, Utility and Adjacent Structure Protection – Tunnels (Final) Task No. 58.03.110.03B Prepared for: Prepared by: 777 South Figueroa Street, Suite 1100 Los Angeles, CA 90017 September 2017 Building, Utility and Adjacent Structure Protection – Tunnels (Final) Table of Contents Table of Contents 1.0 INTRODUCTION .................................................................................................................... 1‐1 1.1 Building and Utility Protection Program .......................................................................... 1‐1 1.2 Allowable Criteria for Building and Major Utility Settlement .......................................... 1‐1 1.3 Building and Utility Protection Program Approach ......................................................... 1‐2 1.4 Purpose of the Building and Utility Protection Program Report ‐ Tunnels ..................... 1‐2 1.5 Background ...................................................................................................................... 1‐3 2.0 ALIGNMENT AND GEOLOGY .................................................................................................. 2‐1 2.1 Project Alignment ............................................................................................................ 2‐1 2.2 Project Geology ...............................................................................................................
    [Show full text]
  • Department of Financial Institutions
    DEPARTMENT OF BUSINESS OVERSIGHT SUMMARY OF PENDING APPLICATIONS AS OF DECEMBER 2018 APPLICATION TYPE PAGE NO. BANK APPLICATION MERGER 1 ACQUISITION OF CONTROL 1 SALE / PURCHASE OF PARTIAL/WHOLE BUSINESS UNIT 1 APPLICATION FOR TRUST POWERS 1 NEW BRANCH 1 NEW FACILITY 2 RELOCATION OF HEAD OFFICE 3 RELOCATION OF BRANCH OFFICE 3 DISCONTINUANCE OF BRANCH OFFICE 3 DISCONTINUANCE OF FACILITY 4 PREMIUM FINANCE COMPANY APPLICATION NEW PREMIUM FINANCE COMPANY 5 ACQUISITION OF CONTROL 6 OFFICE RELOCATION 6 FOREIGN (OTHER NATION) BANK APPLICATION NEW OFFICE 7 OFFICE RELOCATION 7 FOREIGN (OTHER STATE) BANK APPLICATION NEW FACILITY 7 CREDIT UNION APPLICATION MERGER 8 MONEY TRANSMITTER APPLICATION NEW TRANSMITTER 9 ACQUISITION OF CONTROL 10 VOLUNTARY SURRENDER OF LICENSE 10 1 BANK APPLICATION MERGER Filed: 1 Approved: 1 EL DORADO SAVINGS BANK, FSB, Placerville, to merge with and into PACIFIC WESTERN BANK, Beverly Hills Filed: 10/22/18 THE MERCHANTS NATIONAL BANK OF SACRAMENTO, Sacramento, to merge with and into REDDING BANK OF COMMERCE, Redding Filed: 11/9/18 Approved: 12/10/18 ACQUISITION OF CONTROL Filed: 1 FRANCIS P. KAVANAUGH, to acquire control of FRIENDLY HILLS BANK Filed: 12/10/18 SALE / PURCHASE OF PARTIAL/WHOLE BUSINESS UNIT Filed: 1 Effected: 1 EXCHANGE BANK to acquire approximately $40 million of fiduciary assets from FIRST NORTHERN BANK OF DIXON Filed: 10/2/18 Approved: 11/15/18 Effected: 12/7/18 SILVERGATE BANK to sell the banking business of the San Marcos branch office to HOMESTREET BANK Filed: 11/29/18 NEW BRANCH Opened: 5 ALTAPACIFIC BANK 1395 S. Grand Avenue, Glendora, Los Angeles County Opened: 12/3/18 FIRST REPUBLIC BANK 16300 Ventura Boulevard, Encino, Los Angeles County Opened: 12/10/18 2 BANK APPLICATION NEW BRANCH (Continued) FIRST REPUBLIC BANK 545 W.
    [Show full text]
  • Iv. Environmental Impact Analysis K. Traffic and Transportation
    IV. ENVIRONMENTAL IMPACT ANALYSIS K. TRAFFIC AND TRANSPORTATION The information in this section is based primarily on the Traffic Impact Analysis Report prepared by Hirsch/Green Transportation Consulting, Inc. (Hirsch/Green), Revised March 2009 (included in Appendix H to this Draft EIR). ENVIRONMENTAL SETTING The proposed project is located within the West Los Angeles Transportation Improvement and Mitigation Specific Plan (TIMP) area and within the West Los Angeles community of the City of Los Angeles. The proposed project is located generally in the northwest quadrant of the intersection of Olympic Boulevard and Bundy Drive. The project site is located one block from the border with the City of Santa Monica and one-half block from the intersection of Olympic Boulevard and Bundy Drive. The City of Los Angeles/City of Santa Monica boundary is located immediately west of the project site. Area Transportation Facilities The project area is well served by both local and regional transportation facilities. The San Diego Freeway (I-405) and the Santa Monica Freeway (I-10) are less than one mile and one-half mile, respectively, from the project site; both freeways provide ramp connections to the surface street network in the immediate project vicinity. In addition to the regional freeway facilities, several major and secondary arterials serve the study area, as does a well-developed local street grid. The key transportation facilities in the project vicinity are discussed below. Freeways Santa Monica Freeway (I-10) One of primary east-west transportation facilities in the region, the Santa Monica Freeway (I-10) begins at Pacific Coast Highway and continues eastward into San Bernardino County and beyond.
    [Show full text]
  • Well Baby Center Has Sponsored This Guide to Local Preschools As a Courtesy to Our Families
    Well Baby Center has sponsored this guide to local preschools as a courtesy to our families. We hope you find it useful! Adat Shalom Nursery Preschool 3030 Westwood Boulevard Los Angeles, CA 90034 310.474.8573 A Kid’s Place 12306 Venice Boulevard Mar Vista, CA 90066 310.390.0401 Beethoven Elementary School 3711 Beethoven Street Los Angeles, CA 90066 310.398.6286 Bel Air Presbyterian Church School 16100 Mulholland Drive Los Angeles, CA 90049 818.990.6071 Beverly Hills Presbyterian Church Preschool 505 N Rodeo Drive Beverly Hills, CA 90210 310.271.5197 Beth Shir Shalom Temple Nursery School 1827 California Avenue Santa Monica, CA 90403 310.829.2517 Blue Oak Creative Schoolhouse 12719 Washington Place Los Angeles, CA 90066 310.390.4111 Branches Atelier Preschool (formely Blueberry Atelier) 1514 Twelfth Street Santa Monica, CA 90403 310.260.1576 Brentwood Presbyterian Nursery School 12000 San Vicente Boulevard Los Angeles, CA 90025 310.826.2020 Bright Start Learning Center 1501 Seventeenth Street Santa Monica, CA 90404 310.315.9353 Butterfly Garden Preschool 3724 Cardiff Avenue Los Angeles, CA 90034 310.204.6180 Carousel Preschool and Infant Center Information 8333 Airport Blvd. Los Angeles, CA 90045 310.216.6641 Cassidy Preschool 2122 Wilshire Boulevard Santa Monica, CA 90403 310.829.5700 Chalk Preschool 2028 S. Westwood Blvd. Los Angeles, CA 90025 310.446.5400 and Venice location: 2201 Lincoln Blvd. Venice, CA Circle of Children Preschool 1227 Montana Avenue Santa Monica, CA 90403 310.393.7731 Coeur d’Alene Avenue School 810 Coeur d’Alene
    [Show full text]