DOCSLIB.ORG

Offering Memorandum

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Offering Memorandum cash flow or occupy - laundromat property for sale November 20, 2020 Presented By: Martin McDermott 323.452.6762 [email protected] Odest T. Riley Jr. 310.905.7420 [email protected] table of contents Confidentiality & Disclaimer Contents All materials and information received or derived from Method Commercial its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without PROPERTY INFORMATION 3 representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial LOCATION INFORMATION 7 performance of the property for any party’s intended use or any and all other matters. Neither Method Commercial its directors, officers, agents, advisors, or affiliates makes any FINANCIAL ANALYSIS 11 representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for SALES COMPARABLES 13 a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. Method Commercial will not investigate or verify anysuch matters or conduct due diligence for a party unless otherwise agreed in writing. DEMOGRAPHICS 17 EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Method Commercial makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Method Commercial does not serve asa financial advisor to any party regarding any proposed transaction. All dataand assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/ or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Method Commercial in compliance with all applicable fair housing and equal opportunity laws. 1401 westwood boulevard // suite 260 // los angeles, ca 90024 // 323.477.2580 // methodcommercial.com section 1 property information 7601 VERMONT AVE investment LOS ANGELES, CA 90044 SALE PRICE: $1,400,000 This opportunity is for laundry operators looking to own not only the business but the real estate as well. This could be the perfect scenario for the value-add investor seeking both a higher return than most Los Angeles real estate investments and a greater amount of depreciation via cost segregation (seek council from CPA on all tax matters). This opportunity has already been reviewed by the leading Southern California SBA Certified Development Company (a nonprofit corporation that promotes economic development within its community through SBA 504 Loans for real estate and equipment). Subject to buyer qualifications and appraisal, the property is well suited for its program. For the value-add investor, other debt options have been proactively explored. • No key money for the business • Essential service use always in demand • Costly laundry infrastructure in-place Lot Size: 8,705 SF Building Size: 3,250 SF Zoning: C2-1VL-CPIO Year Built: 1987 APN: 6019018048 1401 Westwood Boulevard // Los Angeles, CA 90024 // 323.477.2580 // methodcommercial.com section 1 / page 4 property description PROPERTY DESCRIPTION The property is approximately 3,250sf on 8,705sf of commercial land constructed in 1987. The construction appears to be CMU with a wall of street-facing storefront glass and a flat composite roof. The parking field is located in the front of the property and is striped with fourteen spaces for an above standard parking ratio of 4.3/1000sf. There is a large pole sign located at the forward edge of the parking lot for maximum visibility for both north and southbound traffic. The rear of the property includes additional off-alley parking whichis currently gated for storage and security. The interior is specifically constructed for laundry use with the proper infrastructure of plumbing, power service, and venting. Not included in the sale but currently located at the property are seventy-two washers and seventy-one dryers. There is extensive millwork to house the machinery, to provide workspace, to house the vending machines and the entertainment systems. In addition to the main laundry area, the interior demising includes a customer restroom, an employee office, and a storage room. ZONING C2-1VL-CPIO Tier 2 TOC 1401 westwood boulevard // suite 260 // los angeles, ca 90024 // 323.477.2580 // methodcommercial.com section 1 / page 5 interior photos 1401 westwood boulevard // suite 260 // los angeles, ca 90024 // 323.477.2580 // methodcommercial.com section 1 / page 6 section 2 location information regional map 1401 westwood boulevard // suite 260 // los angeles, ca 90024 // 323.477.2580 // methodcommercial.com section 2 / page 8 location map LOCATION OVERVIEW The Property is located in the Vermont Vista neighborhood, an area that was built in the 1930s located near Westmont. Vermont is one of the major corridors for travel and commerce in this area providing excellent visibility for the laundromat. The Property is near three other major corridors (1 mile east of Western Avenue, 3/4th of a mile north of Manchester Avenue, and a 1/4th mile south of Florence Avenue) and two blocks west of the southbound on-ramp of the 405 freeway. This is a densely populated area with a 40/60 mix of single-family to apartment zoning. The high-density plus the older housing stock creates a consistent and strong demand for off-site laundry. Due to the recent surge in value in the surrounding neighborhoods such as Inglewood, Leimert Park, and the Crenshaw District this area is experiencing strong residential demand for additional housing which will continue to support demand for this property's use. 1401 westwood boulevard // suite 260 // los angeles, ca 90024 // 323.477.2580 // methodcommercial.com section 2 / page 9 aerial maps 1401 westwood boulevard // suite 260 // los angeles, ca 90024 // 323.477.2580 // methodcommercial.com section 2 / page 10 section 3 financial analysis financial summary INVESTMENT OVERVIEW Price $1,400,000 Price per SF $430.77 Pro Forma CAP Rate 6% FINANCING DATA (SBA) Down Payment $140,000 Loan Amount $1,260,000 Debt Service Montly $5,975 Estimated interest Rate 3% Fixed Term/Amortization Period 25yr/25yr Cap rates and income are proforma based and SBA loan details will vary with time and sponsor credit. 1401 westwood boulevard // suite 260 // los angeles, ca 90024 // 323.477.2580 // methodcommercial.com section 3 / page 12 section 4 sales comparables sale comps SUBJECT PROPERTY 1 7601 Vermont Ave | Los Angeles, CA 90044 1613 Centinela Avenue | Inglewood, CA 90302 Sale Price: $1,400,000 Sale Price: $760,000 Lot Size: 0.2 AC Lot Size: 0.17 AC Year Built: 1987 Year Built: 1976 Building SF: 3,250 SF Building SF: 2,000 SF Price PSF: $430.77 Price PSF: $380.00 CAP: 5.36% Closed: 09/25/2019 Occupancy: 100.0% This was an investment sale of a 2,000 SF 100% leased Laundromat. The property was reported to have sold with a Net Operating Income of $40,179. The property was sold 'as-is', with no deferred maintenance reported but in inferior condition to the Subject Property. 2 3 1011 W 84th Place | Los Angeles, CA 90044 9018-9022 Avalon Blvd | Los Angeles, CA 90003 Sale Price: $400,000 Sale Price: $2,900,000 Lot Size: 0.13 AC Lot Size: 0.22 AC Year Built: 1929 Year Built: 1964 Building SF: 936 SF Building SF: 5,932 SF Price PSF: $427.35 Price PSF: $488.87 Closed: 05/07/2019 CAP: 7% Occupancy: 100.0% Sold vacant for an owner-user with a retail use. The corner location and large parking lot were the main drivers A laundromat in a similar location, but with an inferior condition, and parking ratio. for the buyer. The property had deferred maintenance and was in an inferior condition to the Subject Property. 1401 westwood boulevard // suite 260 // los angeles, ca 90024 // 323.477.2580 // methodcommercial.com section 4 / page 14 sale comps summary SUBJECT PROPERTY PRICE BLDG SF PRICE/SF CAP CLOSE 7601 Vermont Ave Los Angeles, CA $1,400,000 3,250 SF $430.77 - - 90044 SALE
Load more

Recommended publications
  • La Cienega Boulevard and Centinela Avenue Street Lighting Maintenance Assessment District
    DEPARTMENT OF PUBLIC WORKS BUREAU OF STREET LIGHTING date jun 0 3 2020 CD. 11 Honorable City Council of the City of Los Angeles LA CIENEGA BOULEVARD AND CENTINELA AVENUE STREET LIGHTING MAINTENANCE ASSESSMENT DISTRICT This report submits the proposed Ordinance of Intention to institute maintenance assessment proceedings for the above street lighting project. RECOMMENDATIONS 1. Council adopt this report and the Ordinance of Intention, and that the proceedings be conducted in accordance with Sections 6.95 - 6.127 of the Los Angeles Administrative Code, Section 53753 of the California Government Code, and Proposition 218 (Articles XIII C and XIII D of the California Constitution). This includes Council holding a Public Hearing for the proposed District Diagram with City page number 15420. 2. Upon Council adoption of the Ordinance of Intention, the Bureau of Street Lighting be instructed to: Mail notices of the assessment ballot proceedings, and Mail assessment ballots (as required by Prop. 218) to the property owners in the lighting district. 3. Upon completion of Item 2 above, the City Clerk be instructed to conduct the assessment ballot proceedings (i.e. count, certify, and report the results of the assessment ballot proceedings to the Council). 4. Following the conclusion of the final public hearing, if a project has weighted “YES” votes equal to, or in excess of weighted “NO” votes, the Council shall deny the appeals, confirm the maintenance assessments, and adopt the Final Ordinance levying the assessments. If the weighted “NO” votes are in excess of weighted “YES” votes, Council will abandon the lighting district and proceedings in accordance with Proposition 218; and the affected street lighting system shall be removed from service or not be constructed.
    [Show full text]
  • Non-Toxic Drycleaner List
    South Coast Air Quality Management District 21865 Copley Drive, Diamond Bar, CA 91765-4182 (909) 396-2000 www.aqmd.gov Store Name Business address Business city Business zip Equipment type Los Angeles Tic Toc Cleaners 5735 Kanan Road Agoura 91301- Hydrocarbon Jim Dandy Cleaners 28708 Roadside Dr., Suite I Agoura Hills 91301- Hydrocarbon Agoura Cleaners 5009 Kanan Rd. Agoura Hills 91301- Hydrocarbon Galaxy Cleaners 5855 Kanan Road Agoura Hills 91301- Hydrocarbon Dryclean Express Cleaners 1028 East Valley Boulevard Alhambra 91801- Hydrocarbon Buckboard Cleaners 1465 East Valley Boulevard Alhambra 91801- Wet Clean Hill Top Cleaners 151 E. Foothill Blvd. Arcadia 91006- Hydrocarbon Swiss Cleaners 9065 Woodman Avenue Arleta 91331- Hydrocarbon Fulton Cleaners 9081 Woodman Ave Arleta 91331- Hydrocarbon Value Cleaners 11414-B Artesia Boulevard Artesia 90701- Hydrocarbon Ajay Cleaners 11831 Artesia Boulevard Artesia 90701- Hydrocarbon Rosedale Cleaners 1173A East Alosta Avenue Azusa 91702- Wet Clean Quality Cleaners 4077 East Gage Avenue Bell 90201- Hydrocarbon V+M Cleaners 6200 South Eastern Avenue, #H Bell Gardens 90201- Hydrocarbon Dick's Cleaners 6536 Eastern Avenue Bell Gardens 90201- Hydrocarbon Express Cleaners 17210 Lakewood Blvd Bellflower 90706- Hydrocarbon Non Pareil Cleaners 8624 Wilshire Boulevard Beverly Hills 90211- CO2 Best Quality Cleaners 9115 West Olympic Blvd. Beverly Hills 90212- Hydrocarbon Brentwood Village Cleaners 11722 Barrington Court Brentwood 90049- Hydrocarbon 1212 North San Fernando REX 1 hr Cleaners Boulevard, #E Burbank 91504- Hydrocarbon Evergreen Cleaners 2436 West Victory Boulevard Burbank 91505- Hydrocarbon Allen's Dry Cleaning 321 East Alameda, #F Burbank 91502- Hydrocarbon * Please note that this is a list of professional cleaners in the region that use non-perchloroethylene alternative technologies.
    [Show full text]
  • LOCAL RESOURCES for AFRICAN IMMIGRANTS Los Angeles County
    LOCAL RESOURCES FOR AFRICAN IMMIGRANTS Los Angeles County FOR ANY TYPE OF MEDICAL OR MENTAL HEALTH EMERGENCY OR LIFE THREATENING SITUATION, CONTACT 911 Los Angeles County Mental Health 24/7 Access (800) 854-7771 COUNTYWIDE or GENERAL HOTLINES: Alcoholics Anonymous (323)936-4343 Access Transportation (800)827-0829 Cocaine Anonymous (310)216-4444 Child Protection Hotline (800)540-4000 Consumer Credit Counseling Services (888)910-0065 Elder Abuse Hotline (800)992-1660 Emergency Shelter (800)548-6047 Domestic Violence/Sexual Assault Hotline (800)339-3940 Domestic Violence Services (800)978-3600 Domestic Violence Shelters/Haven House (323)681-2626 Domestic Violence Shelter/Jenesse Center (800)479-7328 Gamblers Anonymous (877)423-6752 Homeless Health Care (800)564-6600 Immunization (800)427-8700 Los Angeles County Department of Children & Family Services Child Abuse Reporting Hotline (800)540-4000 Los Angeles County Information/Referral 211 Los Angeles County Health Services/Referral (800) 427-8700 Mental Health Complaint Hotline (800) 633-2322 Mental Health Patients’ Rights (213) 738-4888 Mental Health Services-Inpatient/Emergency Augustus F. Hawkins Mental Health Center o 1720 E. 120th Street, Los Angeles, CA 90059 (310)668-4272 College Hospital o 707 Walton Street, Signal Hill CA, 90806 (562) 290-0456 Harbor/UCLA Medical Center o 1000 W. Carson Street, Torrance, CA 90509 (310)222-2911 Kedren Mental Health Center o 4211 S. Avalon Blvd., Los Angeles, CA 90011 (323) 900-8900 La Paz Gero-Psychiatric Center o 8835 Vans Street, Paramount, CA 90723 (562)633-5111 Los Angeles Metropolitan Medical Center o 2231 S. Western Avenue, Los Angeles, CA 90081 (323)730-7300 St.
    [Show full text]
  • The Mlsopen House Guide™
    THE MLS OPEN HOUSE GUIDE™ Covering Most of LA County!!! 60,000 READERSHIP!!! Some of the NEWLY ADDED locations to pick up The Weekend Guide... LOCATION ADDRESS CITY NEW! VON'S 2764 THOMPSON AVE. VENTURA VON'S 6040 TELEGRAPH RD. VENTURA VON'S 1291 S. VICTORIA BLVD OXNARD VON'S 2725 AGOURA RD THOUSAND OAKS VON'S 6571 WEST 80TH STREET LOS ANGELES VON'S 1260 W REDONDO BEACH BLVD. GARDENA VON'S 4226 WOODRUFF AVENUE LAKEWOOD VON'S 20440 DEVONSHIRE STREET CHATSWORTH VON'S 8201 TOPANGA CANYON BLVD. CANOGA PARK VON'S 4033 LAUREL CANYON BLVD. STUDIO CITY VON'S 561 N. GLENDALE AVENUE GLENDALE VON'S 1311 WILSHIRE BLVD SANTA MONICA VON'S 10001 PARAMOUNT BLVD DOWNEY VON'S 1011 N. SAN FERNANDO RD. BURBANK VON'S 6921 LA TIJERA BLVD LOS ANGELES VON'S 15740 LAFORGE STREET WHITTIER VON'S 23381 MULHOLLAND DR WOODLAND HILLS VON'S 12721 VALLEY VIEW LA MIRADA VON'S 19333 VICTORY BLVD RESEDA VON'S 133 E. FOOTHILL BLVD ARCADIA VON'S 18439 VENTURA BLVD TARZANA VON'S 3118 S. SEPULVEDA BLVD LOS ANGELES VON'S 9119 RESEDA BLVD NORTHRIDGE VON'S 2048 AVENIDA DE LOS ARBOLES THOUSAND OAKS VON'S 9860 NATIONAL BLVD CHEVIOT HILLS VON'S 4365 GLENCOE AVE MARINA DEL REY VON'S 1212 BERYL ST REDONDO BEACH VON'S 715 PIER AVE HERMOSA BEACH VON'S 21821 VENTURA BLVD WOODLAND HILLS VON'S 7789 FOOTHILL BLVD TUJUNGA VON'S 155 CALIFORNIA BLVD PASADENA VON'S 16830 SAN FERNANDO MISSION BVD GRANADA HILLS VON'S 311 W. LOS FELIZ BLVD GLENDALE VON'S 500 WILSHIRE BLVD SANTA MONICA VON'S 1425 MONTANA AVE SANTA MONICA VON'S 2355 E.
    [Show full text]
  • West Los Angeles
    WEST LOS ANGELES 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 www.lacity.org/PLN (General Plans) A Part of the General Plan - City of Los Angeles WEST LOS ANGELES ACTIVITY LOG ADOPTION DATE PLAN CPC FILE NO. COUNCIL FILE NO. July 27, 1999 West Los Angeles Community Plan Update 97-0048 CPU 98-2024 Jan. 17, 1997 West Los Angeles Transportation Improvement 96-0220 SP 96-0156 Mitigation Program Specific Plan Nov. 4, 1992 Sepulveda Corridor Specific Plan 91-0488 SP 91-2205; 92-0885 Nov. 17, 1981 Century City North Specific Plan 28436 ZC/HD 80-1250 S1 Nov. 17, 1981 Century City South Specific Plan 24960 74-4757 ADOPTION DATE AMENDMENT CPC FILE NO. COUNCIL FILE Dec. 10, 1997 Westwood/Pico Neighborhood Overlay District 92-0039 SUD 92-1785 92-0041 HD 92-0042 ZC Sept. 7, 2016 Mobility Plan 2035 Update CPC-2013-910-GPA-SPCA-MSC 15-0719 WEST LOS ANGELES Community Plan Chapter I INTRODUCTION COMMUNITY BACKGROUND PLAN AREA The West Los Angeles Community Plan area is located in the western portion of the City of Los Angeles. It is generally bounded by Centinela Avenue on the west, Wilshire Boulevard and Santa Monica Boulevard on the north, National Boulevard, Pico Boulevard, and Exposition Boulevard on the south, and Durango Avenue, Robertson Boulevard, and Canfield Avenue on the east. It is surrounded by the communities of Westwood, Brentwood-Pacific Palisades, Palms - Mar Vista - Del Rey, West Adams-Baldwin Hills-Leimert, and Wilshire; and by the Cities of Culver City, Santa Monica, and Beverly Hills, and the County of Los Angeles.
    [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]
  • The Digital Divide in Assembly District 50: Broadband Wireline Service
    The Digital Divide In Assembly District 50: Broadband Wireline Service District 50 Served Underserved Unserved Total 252,528 91 179 252,798 Households 100% 0% 0% 100% 469,158 204 686 470,048 Population 100% 0% 0% 100% Meets and Exceeds State Goal of 98% Served Source: Service availability data submitted by California broadband providers and validated by the CPUC as of December 31, 2014. Prepared by Watsonville GIS Center. This is a graphic representation only of best available sources. The City of Watsonville assumes no responsibility of errors. Unconnected and Percent Percent Percentage by Under-Connected Not Connected Connected Smartphone Only Statewide 16% 84% 14% Low-Income (<$20,000 Annually) 32% 68% 25% Spanish-Speakers 31% 69% 30% People With Disabilities 29% 71% 13% Seniors (65 or Older) 44% 56% 5% Non-High School Graduates 37% 63% 29% Most Disadvantaged Populations are Unconnected or Under-Connected Source: The Field Poll 2016 │http://www.cetfund.org/progress/annualsurvey The Digital Divide in Assembly District 50: Broadband Wireline Service Publicly-Subsidized Housing in Assembly District 50 Source: California Tax Credit Allocation Committee (TCAC) Project Name Project Address Housing Type Total Units Bronson Courts 1227 North Bronson Avenue, Los Angeles, CA 90038 Large Family 32 The Gordon 1555 N. Gordon Street, Los Angeles, CA 90028 Large Family 20 Harper Avenue Partners 1276 N. Harper Avenue, West Hollywood, CA 90046 Senior 17 2020-30 Cloverfield Boulevard 2020 Cloverfield Blvd., Santa Monica, CA 90404 All Low Income 32 Harper
    [Show full text]
  • 4.14 Traffic and Transportation
    4.14 Traffic and Transportation 4.14.1 Introduction This section addresses the potential impacts of the proposed Project on traffic and transportation conditions in the Project site vicinity. Information is provided on regulatory requirements related to traffic and transportation, existing traffic conditions in the area, existing public transit service, and the potential change to these conditions that would result from implementation of the proposed Project. The impact analysis addresses potential construction impacts as well as the impacts of development of the proposed Project. Based on this analysis, a comprehensive program to mitigate the impacts of the proposed Project is identified and described. This section incorporates information from the Transportation Study for the LAX Northside Plan Update dated October 2013, prepared by Gibson Transportation Consulting, Inc. This study is provided in Appendix E of this EIR. 4.14.2 Environmental Setting 4.14.2.1 Regulatory Framework 4.14.2.1.1 State California Department of Transportation (Caltrans) The California Department of Transportation (Caltrans) regulates and maintains state and interstate transportation facilities (state routes, highways, and freeways, etc.) in the State of California. Caltrans sets maximum load limits for trucks and safety requirements for oversized vehicles that operate on highways. Construction activities associated with the proposed Project involving transportation of equipment and materials on State of California facilities would be subject to the State of California Code, Division 12, Part 5, Chapter 1, Article 4, Section 31060, titled “Construction on Rights of Way.” Caltrans recommends that large-sized trucks transporting construction materials and equipment be limited to off-peak commute periods and any heavy construction equipment that requires the use of oversize transport vehicles on state roadways or facilities would require a Caltrans transportation permit.
    [Show full text]
  • Ballona Creek Greenway Plan Greenway Plan
    BALLONA CREEK GREENWAY PLAN GREENWAY PLAN Introduction The Ballona Wetlands Mar Vista Culver City Mid-City Implementation Introduction The Ballona Creek Greenway Plan Greenway Plan. The Plan reflects Reach 4: Mid-City describes opportunities to reconnect stakeholder recommendations for The Ballona District residents with their creek, create a green access that would complement wetlands The under-utilized Mid-City reach of Ballona Creek corridor of trails and points of access, restoration. Ballona Creek can be redefined by Watershed enhance habitat, mitigate stormwater enhancing its creek-side character with Reach 2: Mar Vista runoff, redevelop land to improve distinctive native plants, landscape I-10 Adams Channel Reaching Out Ballona watershed functions, re-establish riparian treatments, and trails that connect and Creek Through Mar Vista, Ballona Creek’s Sepulveda areas, and increase the health and beautify neighboring residential and Channel presence can be enhanced by continuing SR-90 Centinela sustainability of the region. business districts. Creek the Greenway experience into the I-405 The Reach Plans summarize design neighborhoods opportunities in general terms, focusing bordering the on trail connections, gathering and entry creek. Urban points, stormwater mitigation, and street forestry, pedestrian Cochran design. enhancements, and Reach 4 Mid-City Gateway / Ballona Creek Park extensions of the The Ballona District Each Reach Plan features at least one Hauser Greenway landscape Community Crossings / Creek Crossings site-specific Early Action Plan, reflecting I-10 Fairfax are some of the Breaking Through / the ideas of stakeholders developed elements that can Ballona Regional Park during design charrettes. Following each reinforce connections. Adams Early Action Plan is a Vision Plan that I-405 Tributary Trails / Reach 3 Culver City Creative Confluences integrates a naturalized stream with the Reach 3: Culver City Creek Connections surrounding community.
    [Show full text]
  • La County Fair Store List Worksheet
    LA COUNTY FAIR STORE LIST WORKSHEET New Store # Banner Address City State Zip County 2001 Vons 5671 Kanan Road Agoura Hills CA 91301 LA 2543 Albertsons 2400 W. Commonwealth Alhambra CA 91803 LA 3208 Vons 745 W. Naomi Ave Arcadia CA 91007 LA 561 Albertsons 298 E. Live Oak Ave. Arcadia CA 91006 LA 2272 Vons 123 Metropole Avenue Avalon CA 90704 LA 3083 Vons 301 N. Pass Ave Burbank CA 91505 LA 1335 Albertsons 26521 Agoura Road Calabasas CA 91302 LA 1673 Vons 8201 Topanga Canyon Blvd. Canoga Park CA 91304 LA 2935 Albertsons 110 E Carson St Carson CA 90745 LA 3859 Albertsons 200 E Sepulveda Blvd Carson CA 90745 LA 1671 Vons 20440 Devonshire Street Chatsworth CA 91311 LA 2100 Vons 9860 National Blvd Cheviot Hills CA 90034 LA 2155 Vons 550 E. Baseline Rd Claremont CA 91711 LA 2056 Vons 932 E. Badillo Covina CA 91724 LA 2270 Vons 4030 Centinela Avenue Culver City CA 90066 LA 3554 Albertsons 1235 S. Diamond Bar Bl. Diamond Bar CA 91765 LA 140 Albertsons 7676 Firestone Blvd Downey CA 90241 LA 1625 Vons 1260 W Redondo Beach Blvd. Gardena CA 90247 LA 108 Albertsons 1735 Artesia Blvd. Gardena CA 90247 LA 1707 Vons 561 N. Glendale Avenue Glendale CA 91206 LA 2254 Vons 311 W. Los Feliz Blvd Glendale CA 91204 LA 2169 Vons 435 Foothill Blvd Glendora CA 91741 LA 601 Albertsons 133 West Route 66 Glendora CA 91740 LA 16830 San Fernando Mission 2250 Vons Bvd Granada Hills CA 91344 LA 3086 Vons 2122 S. Hacienda Blvd Hacienda Heights CA 91745 LA 2110 Vons 715 Pier Ave Hermosa Beach CA 90254 LA 2502 Vons 500 E.
    [Show full text]
  • 4.0 Environmental Impact Analysis
    4.0 ENVIRONMENTAL IMPACT ANALYSIS 4.0.1 INTRODUCTION This EIR evaluates the physical environmental effects that would potentially occur from implementation of the proposed Project. The structure of the technical sections included in this section is discussed below, and definitions of key terms that are used throughout this EIR are provided. Comments that were received during the scoping period are summarized herein as well. In addition, this section includes a description of certain possible environmental impacts that are typically considered under CEQA but are not analyzed in detail in this EIR because it was determined the proposed Project would have no impact. This section also provides a discussion of the Adjusted Baseline Environmental Setting and the identification of other past, present, or reasonably foreseeable projects that are used in the analysis of cumulative impacts throughout this chapter. 4.0.2 DEFINITIONS OF TERMS USED IN THE EIR This EIR uses a number of terms that have specific meaning under CEQA. Among the most important of the terms used in the EIR are those that refer to the significance of environmental impacts. The following terms describe environmental effects of the proposed Project: Significance Criteria A set of criteria used by the lead agency (City of Inglewood) to determine at what level or threshold an impact would be considered significant. Thresholds of significance are identifiable quantitative, qualitative, or performance levels of a particular environmental effect that are supported by substantial evidence.1 Thresholds of significance used in this EIR include those standards provided by the City, unless otherwise specifically defined. • No Impact: No impact means that the proposed Project would result in no direct or indirect adverse changes (or impacts) to the environment, with respect to the applicable significance criterion.
    [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]