11964 Kiowa Avenue Is an 18-Unit Apartment Building Located in the Heart of Brentwood, One of the Most Desirable Rental Markets in Los Angeles

Total Page:16

File Type:pdf, Size:1020Kb

11964 Kiowa Avenue Is an 18-Unit Apartment Building Located in the Heart of Brentwood, One of the Most Desirable Rental Markets in Los Angeles OFFERING MEMORANDUM 11964 Kiowa ™ LOS ANGELES, CA LISTED BY: DANIEL WITHERS SVP & Senior Director - Multifamily Direct +1 818 923 6107 Mobile +1 310 365 5054 [email protected] License No. 01325901 (CA) CO-LISTED WITH: MARCUS & MILLICHAP Jeffery Louks Direct + 1 818 212 2780 Mobile + 1 310 941 5899 Fax (818) 212 2627 [email protected] License No. 00908473 | 2 CONTENTS 05 PROPERTY OVERVIEW 09 AREA OVERVIEW 17 FINANCIAL OVERVIEW 3 | WILSHIRE BLVD KIOWA AVE | 4 PROPERTY SECTION OVERVIEW 02 5 | | 6 11964 Kiowa LOS ANGELES, CA LOCAL MAP PROPERTY OVERVIEW 11964 Kiowa Avenue is an 18-unit apartment building located in the heart of Brentwood, one of the most desirable rental markets in Los Angeles. Built in 1968, the property consists of an excellent mix of twelve one-bedroom, one-bathroom, four two-bedroom, two-bathroom and two three-bedroom, two and a half bathroom units. Key property features include secure controlled access, reserved carport parking, private balconies, laminate flooring and fireplaces in select units. There is an on-site laundry facility which allows an investor to capitalized on the additional income. Situated in an ideal Brentwood location, tenants benefit from the ability to walk to the many restaurants, cafes, bars, coffee shops and fitness studios that line San Vicente Blvd. and Wilshire Blvd. Additionally, the community also offers a weekly farmer’s market and several grocery options including Whole Foods, Ralphs and Vicente Foods. This location attracts tenants from UCLA and provides easy access to the 405 Freeway connecting the area to surrounding cities in Los Angeles. PROPERTY HIGHLIGHTS • 18-Units, Built in 1968 • Unit Mix: (12) 1+1, (4) 2+2, (2) 3+2.5 • Strong demographics – affluent area • 32% upside in rental income • Located in the heart of Brentwood walking distance to restaurants, coffee shops, cafes, bar and fitness studios • Walk score of 83 – Very Walkable • Easy access to the 405 Freeway • 19,026 square foot building on a 14,503 square foot lot zoned LAR3 7 | AREA SECTION OVERVIEW 03 | 8 2 1 BRENTWOOD, CALIFORNIA Perched on LA’s Westside, at the base of the Santa Monica Mountains, Brentwood is an upscale neighborhood teeming with high-end boutiques, fine dining, and luxurious gardens. The main thoroughfare in the community is San Vicente Boulevard, where eateries, cafes, and the historic Brentwood County Mart sit along tree-lined avenues. Brentwood is also home to the famous Getty Center, which boasts extensive museums, 4 3 scenic gardens, and stunning views that draw millions of visitors every year. Sprawling estates and luxury apartments comprise the bulk of the rental market in Brentwood, providing many options for a lavish lifestyle in the hills. ECONOMY Some of the largest employers of Contra Costa County include Bay Alarm, Bay Area Rapid Transit, Chevron, Contra Costa Regional Medical Center, Shell Oil Products, Sutter Delta Medical Center, Sutter Delta Medical Center, and many more. More specifically, the city of Brentwood has recently taken steps towards an economic development strategy and action plan that could generate hundreds of new jobs each year. The economic instrument’s key goals include: building and maintaining a healthy, balanced economy with a diverse range of businesses; strengthening and expanding local companies; fostering local entrepreneurialism and new business formation; building a vibrant downtown and retail sector; and positioning the city to attract a high-quality workforce. These goals are to bring a full-scale hospital or health care campus; develop a next-generation business park; bring in a business and development workforce-training center; encourage the farm-to-table concept; and create a visitors and tourism bureau and a restaurant association. 9 | 1 UCLA 2.7 MILES FROM SUBJECT PROPERTY The University of California, Los Angeles (UCLA) is a public research university in Los Angeles. The university is organized into six undergraduate colleges, seven professional schools, and four professional health science schools. UCLA is considered one of the country‘s Public Ivies, meaning that it is a public university thought to provide a quality of education comparable with that of the Ivy League. In 2018, US News & World Report named UCLA the best public university in the United States. The university has a significant impact in the Los Angeles economy. It is the fifth largest employer in the county and the seventh largest in the region. Students never have shortage of activites, as the campus is located near prominent entertainment venues such as the Getty Center, the Los Angeles County Museum of Art (LACMA) and the Santa Monica Pier. UCLA is also home to more than 70 fraternities and sororities, which represent 13% of the undergraduate population. 2 THE GETTY 4.0 MILES FROM SUBJECT PROPERTY The J. Paul Getty Museum, commonly referred to as the Getty, is an art museum in California housed on two campuses: the Getty Center and Getty Villa. The J. Paul Getty Trust is the world‘s largest cultural and philanthropic organization dedicated to the visual arts. The Getty Foundation supports the understanding and preservation of the visual arts through strategic grant initiatives around the world. The primary museum, the Getty Center, is located in Brentwood neighborhood in Los Angeles and its collection features Western art from the Middle Ages to the present. The Getty Center’s 86 acres of landscaped gardens and terraces include the Central Garden designed by artist Robert Irwin—a 134,000-square-foot work of art. The secondary museum, the Getty Villa, is in the Malibu neighborhood and displays art from Ancient Greece, Rome, and Etruria. Located on 64 acres in Pacific Palisades, the Villa site occupies a small canyon adjacent to coastal mountains and the Pacific Ocean. 3 BRENTWOOD COUNTRY MART 1.8 MILES FROM SUBJECT PROPERTY The Brentwood Country Mart is a local shopping and food center in the Brentwood district of Los Angeles, California, next to the Santa Monica eastern city limit. First opened on November 18, 1948, it has now become a tourist destination as many celebrities are frequently seen at the mart. The Mart hosts twenty-two stores and six dining options for visitors to enjoy. This quaint local destination adds a sense of charm to the Brentwood neighborhood and keeps visitors coming back. 4 BRENTWOOD COUNTRY CLUB 1.6 MILES FROM SUBJECT PROPERTY The Brentwood Country Club offers an elegant, yet relaxed atmosphere where local families can enjoy their time. With an award-winning golf course, tennis, pool, and state of the art fitness facilities, the Brentwood Country Club is a local hotspot. Members have the option to dine in at the new Tavern and unwind after a busy day. | 10 DEMOGRAPHICS POPULATION 1-MILE 3-MILE 5-MILE 2010 Census 46,291 242,004 495,619 2019 Estimate 47,484 251,974 515,814 2024 Projection 48,599 259,206 530,476 Growth 2010-2019 2.58% 4.12% 4.08% Growth 2019-2024 2.35% 2.87% 2.84% HOUSEHOLDS 1-MILE 3-MILE 5-MILE 2010 Census 24,024 112,787 228,562 2019 Estimate 24,617 117,384 238,010 2024 Projection 25,197 120,924 245,086 Growth 2010-2019 2.47% 4.08% 4.13% Growth 2019-2024 2.36% 3.02% 2.97% INCOME 1-MILE 3-MILE 5-MILE 2019 Avg. $130,634 $146,720 $146,088 Household Income 126,683 $100,081 3.4% POPULATION MEDIAN UNEMPLOYMENT HOUSEHOLD INCOME RATE 11 | AVERAGE HOUSEHOLD INCOME NUMBER OF EMPLOYEES $75,000 or more $60,000 or more $45,000 or more $30,000 or more $30,000 or less | 12 EMPLOYMENT DENSITY NUMBER OF EMPLOYEES 30,000 or more 20,000 or more 10,000 or more 5,000 or more Less than 5,000 13 | West Hollywood ± 7.5 MI Century City ± 4.2 MI Santa Monica ± 2.8 MI SANTA MONICA, CALIFORNIA WEST HOLLYWOOD, CALIFORNIA CENTURY CITY, HOLLYWOOD Santa Monica is a beachfront city in western Los Angeles West Hollywood, commonly referred to as WeHo, is a city in Century City is a neighborhood and business district in County, California. Situated on Santa Monica Bay, it is bordered Los Angeles County, California. West Hollywood is bounded Los Angeles, California. Located on the Westside just on three sides by the city of Los Angeles – Pacific Palisades to by the city of Beverly Hills on the west, and on other sides by outside downtown Los Angeles, Century City is one of the the north, Brentwood on the northeast, West Los Angeles on neighborhoods of the city of Los Angeles: Hollywood Hills most prominent employment centers in the Los Angeles the east, Mar Vista on the southeast, and Venice on the south. on the north, Hollywood on the east, the Fairfax District on metropolitan area, and its skyscrapers form a distinctive The Santa Monica Pier and Pacific Park are popular destinations the southeast, and Beverly Grove on the southwest. West skyline on the Westside. Important to the economy are the for visitors. Santa Monica has three main shopping districts: Hollywood benefits from a very dense, compact urban form Westfield Century City shopping center, business towers, and Montana Avenue on the north side, the Downtown District in with small lots, mixed land use, and a walkable street grid. Fox Studios Westfield Century City recently went under an the city’s core, and Main Street on the south end. Each has its According to Walkscore, a website that ranks cities based $800 million renovation and expansion that aimed to maintain own unique feel and personality. Montana Avenue is a stretch on walkability, West Hollywood is the most walkable city in the center’s status as one of the Westside’s premier shopping of luxury boutique stores, restaurants, and small offices that California with a Walkscore of 89.
Recommended publications
  • Multi-Family Residence 1920-1934 Montana Avenue Santa Monica, California City Landmark Assessment Report
    Multi-Family Residence 1920-1934 Montana Avenue Santa Monica, California City Landmark Assessment Report Evaluation Report Building Permit History City Directory Research Photographs Tax Assessor Map Sanborn Map Prepared for: City of Santa Monica Planning Division Prepared by: PCR Services Corporation Santa Monica, California March, 2006 Multi-Family Residence 1920-1934 Montana Avenue City of Santa Monica APN: 4277-006-001 City Landmark Assessment and Evaluation BACKGROUND INFORMATION Description of site or structure, note any major alterations and dates of alterations The subject property is situated on the south side of Montana Avenue between 19th and 20th Streets on Lot 1 and the northwest 15 feet of Lot 2, Block 13 of Tract 1351 in the City of Santa Monica. The lot size of the subject property is approximately 65 feet by 160 feet. The subject property, erected in 1940, is located in a mixed single- and multi- family residential neighborhood and consists of a pair of two-story buildings: a six-unit main building (1924-34 Montana Avenue) and a combination garage and second story apartment structure (1920 Montana Avenue). The main building is situated near the southwest corner of Montana Avenue and 20th Street with its primary (north and east) elevations facing both of these streets. The garage/apartment structure occupies the west end of the parcel at Montana Avenue and an alley known as 19th Court. Its primary elevation faces Montana Avenue (north). This property has not been previously identified and assessed as part of the City’s on- going survey process. The subject property is vernacular Modern in architectural style with both buildings capped by low-pitched hipped roofs with small vent dormers and shallow boxed eaves.
    [Show full text]
  • For Sale 2028-2030 Montana Avenue Santa Monica, Ca 90403
    FOR SALE 2028-2030 MONTANA AVENUE SANTA MONICA, CA 90403 SANTA MONICA INVESTMENT OPPORTUNITY ALONG MONTANA AVENUE T.C. MACKER | PRESIDENT 310.966.4352 | [email protected] DRE # 01232033 www.westlacommercial.com JENNIFER MOSCOSO | ASSOCIATE 310.966.4397 | [email protected] DRE # 02044716 www.westlacommercial.com WESTMAC COMMERCIAL BROKERAGE COMPANY 1515 Sepulveda Boulevard, Los Angeles, CA 90025 310.478.7700 / 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 Company DRE# 01096973 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. FOR SALE 2028-2030 MONTANA AVENUE SANTA MONICA, CA 90403 © 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. EXECUTIVE SUMMARY: THE FARMS Montana Avenue Investment Opportunity WESTMAC Commercial Brokerage Company is pleased to present the opportunity to acquire 2028-2030 Montana Avenue in Santa Monica. 2028-2030 Montana Avenue is located in the upscale Montana Shopping District of Santa Monica. 2028-2030 Montana Avenue is situated on two parcels comprising of a single-tenant one-story commercial building approximately 4,000-square feet and a parking lot. The total land size is approximately 8,000-square feet.
    [Show full text]
  • Ditch the L.A. Traffic in West Hollywood, the Tiny Town Best Explored on Foot
    Ditch the L.A. Traffic in West Hollywood, the Tiny Town Best Explored on Foot They say nobody walks in Los Angeles. But tiny West Hollywood is a city that commonly forges its own path – a walkable one lined with iconic rock ‘n roll and comedy clubs, trendy shops with a twist and tastes for any kind of appetite. Rated as California’s most walkable city by Walk Score (with a 91/100 score), West Hollywood’s 1.9 square miles offer the most entertaining way to hit your step goals for the day, with a bonus for style goals. Here are some of the best ways to pound the pavement and see West Hollywood’s top highlights: HOOF IT The average person takes roughly 2,000 steps per mile, meaning it’s about 2,700 steps from the Sunset Tower Hotel to The Abbey; 2,800 steps from the Mondrian L.A. to the Troubadour; 2,000 steps from the Andaz West Hollywood to Michelin-starred Sushi Ginza Onodera; and 1,300 steps from the Sunset Marquis Hotel to the Whisky a Go Go. No matter which stylish WeHo hotel is your home away from home, you can get anywhere on foot – achieve your daily activity goals while stopping for shopping, a cocktail or two (you’re not driving, after all), some world-class cuisine and a late-night dancing sesh. GET YOUR WORKOUT ON Bikes and Hikes LA takes advantage of the glorious weather for active sightseeing. Rated the No. 1 outdoor activity in Los Angeles by TripAdvisor, the West Hollywood-based company is the starting point for a variety of tours including their signature tour, “LA in a Day” which takes bikers across 32 miles of Los Angeles in six hours, from West Hollywood’s Sunset Strip to Santa Monica Pier, and the Venice Canals to homes of the rich and famous.
    [Show full text]
  • West Hollywood, California's Go-To-Guide to the City's Three
    West Hollywood, California’s go-to-guide to the City’s Three Districts The Sunset Strip After decades of notoriety, the Sunset Strip continues to blaze its own path as a world-famous cultural landmark, setting trends in music, hotels, dining and shopping. This most famous stretch of Sunset Boulevard begins and ends in West Hollywood, and like the city it calls home, it is constantly breaking new ground and reinventing itself. Though it’s often been portrayed in movies like Sunset Boulevard, Almost Famous and Rock of Ages, visitors say that nothing compares to seeing the Sunset Strip up close and in person. Bordered on the west by Beverly Hills and on the east by Hollywood, this iconic 1.5 mile stretch of Sunset Boulevard features an array of world-class hotels, nightclubs, restaurants, shops and spas. Through the years, the Sunset Strip has seen it all, starting with the seedy glitz of the 1920s, when Prohibition fueled the rise of nightclubs and speakeasies. Because West Hollywood was not yet an incorporated city, this strip of Sunset Boulevard was lightly policed, making the Strip the perfect playground for the rebellious denizens of early Hollywood. By the 1940s, swanky nightclubs like Ciro’s, Trocadero and Mocambo reigned supreme, attracting A-list celebrity clientele like Marilyn Monroe along with less savory characters like gangster Bugsy Siegel, who called the Strip his stomping grounds. In the 1960s, the Sunset Strip became the major gathering place for the counterculture movement in Los Angeles. Janis Joplin, Jimi Hendrix and Jim Morrison were fixtures of the Strip and the surrounding West Hollywood landscape.
    [Show full text]
  • Multi-Family Residence 130 San Vicente Boulevard Santa Monica, California City Landmark Assessment Report
    Multi-Family Residence 130 San Vicente Boulevard Santa Monica, California City Landmark Assessment Report Evaluation Report Building Permit History Potential District Research City Directory Research Photographs Tax Assessor Map Sanborn Map Prepared for: City of Santa Monica Planning Division Prepared by: PCR Services Corporation Santa Monica, California November 2006 Multi-Family Residence 130 San Vicente Boulevard City of Santa Monica APN: 4293-003-001 City Landmark Assessment and Evaluation BACKGROUND INFORMATION Description of site or structure, note any major alterations and dates of alterations The subject property is situated on the south side of San Vicente Boulevard just east of Ocean Avenue on Lots 1 and 2 of Block K of the Palisades Tract in the City of Santa Monica. The lot size of the irregularly shaped subject parcel is approximately 206 feet by 76 feet. A narrow alley known as First Court borders the subject property on its west parcel line. Another alley (unnamed) borders the property on its south side. The subject property, originally known as the Teriton Apartments, consists of a two- and three-story apartment building arranged in a modified U-shaped configuration around landscaped courtyards with its primary elevations facing San Vicente Boulevard. Additionally, a detached utility room/parking garage and smaller detached parking garages are accessed from rear alleys. The 28-unit vernacular Modern style garden apartment complex was built in 1949 and is located in a primarily multi-family residential neighborhood. This property has been previously identified and assessed under the City’s on-going survey process on numerous occasions. It was documented as a contributor to a potential San Vicente Apartment Courts historic district comprised primarily of 1930s-1950s vernacular Modern style apartment buildings as part of the City’s 1983 historic resources survey.
    [Show full text]
  • Live on the Sunset Strip
    robert landau Excerpt: Live on the Sunset Strip The street that made music history Robert Landau’s Rock ‘n’ Roll Billboards of the Sunset Strip was published in October 2012 by Angel City Press. Downloaded from http://online.ucpress.edu/boom/article-pdf/2/4/79/381413/boom_2012_2_4_79.pdf by guest on 28 September 2021 The Sunset Strip is that 1.7-mile stretch of Sunset Boulevard that is now part of the city of West Hollywood, connecting Hollywood on the east (where funky Laurel Canyon descends to Sunset and meets Crescent Heights) with Beverly Hills to the west (where Doheny Road climbs to the posh mansions of 90210-land). There are actually many Sunset Strips—versions that live in real time and space, and versions that live in our collective fantasy. The actual landscape of the Strip is typical of Los Angeles, featuring buildings of every imaginable architectural style, a look captured perfectly by artist Ed Ruscha in his 1966 book Every Building on the Sunset Strip. Outdoor advertising permeates the vista, ready to capture the attention of the steady stream of eyeballs that comes with continuously heavy traffic. Billboards of varying sizes are sandwiched between and above colorful hotels, restaurants, offices, gas stations, sleazy strip malls, and trendy retail shops. Now, thanks to digital technology, billboards engulf entire buildings and cover whole city buses, adding even more visual congestion to an already over- saturated urban scene. By day, the Sunset Strip was where the business of the music industry was conducted in the Sixties and Seventies. Both high-rise luxury offices and older, cottage-style buildings have long housed record companies, producers, talent scouts, business managers, personal managers, public relations executives, advertising agencies, design firms, and even a few film, photo, and recording studios.
    [Show full text]
  • Psychedelia, the Summer of Love, & Monterey-The Rock Culture of 1967
    Trinity College Trinity College Digital Repository Senior Theses and Projects Student Scholarship Spring 2012 Psychedelia, the Summer of Love, & Monterey-The Rock Culture of 1967 James M. Maynard Trinity College, [email protected] Follow this and additional works at: https://digitalrepository.trincoll.edu/theses Part of the American Film Studies Commons, American Literature Commons, and the American Popular Culture Commons Recommended Citation Maynard, James M., "Psychedelia, the Summer of Love, & Monterey-The Rock Culture of 1967". Senior Theses, Trinity College, Hartford, CT 2012. Trinity College Digital Repository, https://digitalrepository.trincoll.edu/theses/170 Psychedelia, the Summer of Love, & Monterey-The Rock Culture of 1967 Jamie Maynard American Studies Program Senior Thesis Advisor: Louis P. Masur Spring 2012 1 Table of Contents Introduction..…………………………………………………………………………………4 Chapter One: Developing the niche for rock culture & Monterey as a “savior” of Avant- Garde ideals…………………………………………………………………………………...7 Chapter Two: Building the rock “umbrella” & the “Hippie Aesthetic”……………………24 Chapter Three: The Yin & Yang of early hippie rock & culture—developing the San Francisco rock scene…………………………………………………………………………53 Chapter Four: The British sound, acid rock “unpacked” & the countercultural Mecca of Haight-Ashbury………………………………………………………………………………71 Chapter Five: From whisperings of a revolution to a revolution of 100,000 strong— Monterey Pop………………………………………………………………………………...97 Conclusion: The legacy of rock-culture in 1967 and onward……………………………...123 Bibliography……………………………………………………………………………….128 Acknowledgements………………………………………………………………………..131 2 For Louis P. Masur and Scott Gac- The best music is essentially there to provide you something to face the world with -The Boss 3 Introduction: “Music is prophetic. It has always been in its essence a herald of times to come. Music is more than an object of study: it is a way of perceiving the world.
    [Show full text]
  • Santa Monica Apartment Community ±1.47 Acres of Land Value-Add Opportunity: Over 100% Upside in Rent OR Potential Redevelopment Opportunity
    40-Unit Santa Monica Apartment Community ±1.47 Acres of Land Value-Add Opportunity: Over 100% Upside in Rent OR Potential Redevelopment Opportunity 2033-2101 Virginia Avenue Near 20th St. and Pico Blvd. LAURIE LUSTIG-BOWER KADIE PRESLEY WILSON Open House Date: Tuesday, September 10, 2019 +1 310.550.2556 +1 310.550.2575 11:00 AM-2:00 PM [email protected] [email protected] Lic. 00979360 Lic. 01476551 Offers Due: Friday, September 20, 2019 by 5:00 PM www.VirginiaAve.com DOWNTOWN MALIBU SANTA MONICA PACIFIC OCEAN COLORADO AVE. SANTA MONICA 10 2033- 2101 Virginia Ave. 20TH ST. PICO BLVD. CLOVERFIELD BLVD. UCLA GOLDEN MILE WESTWOOD BEL AIR BRENTWOOD Water Garden Office Campus Complex OLYMPIC BLVD. CLOVERFIELD BLVD. 10 2033- 2101 Virginia Ave. Virginia Avenue Park SANTA MONICA 20TH ST. TABLE OF CONTENTS CONTACTS PROPERTY OVERVIEW LAURIE LUSTIG-BOWER I Page 07 +1 310.550.2556 [email protected] FINANCIAL Lic. 00979360 ANALYSIS II Page 26 KADIE PRESLEY WILSON AREA +1 310.550.2575 III OVERVIEW Page 38 [email protected] Lic. 01476551 Open House Date: Tuesday, September 10, 2019 from 11:00 AM-2:00 PM Offers Due: Friday, September 20, 2019 by 5:00 PM www.VirginiaAve.com VIRGINIA AVENUE PARK FACILITIES • Park Center • Two playgrounds • The Splash Pad- for Kids • Two Basketball Courts • Smart Benches: Provides Free, Solar-Powered USB Phone and Device Charging. 2033- 2101 The Santa Monica Farmers Virginia Ave. Market is held at Virginia Ave Park every Saturday. PICO BRANCH LIBRARY FARMERS MARKET AREA Virginia Avenue Park 9.5 Acres PICO BLVD.
    [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]
  • Hollywood's Top 25 Real Estate Agents
    STYLE REAL ESTATE $32M Mauricio Umansky has the listing on 1302 Collingwood Place. HOLLYWOOD’S TOP 25 REAL ESTATE AGENTS Shaky foreign markets haven’t rocked L.A.’s residential home prices (yet), as the town’s most sought-after brokers continue to log record-breaking sales in markets from ‘blue chip’ Beverly Hills to Hancock Park, and the ‘chief of the Venice tribe’ rides the Silicon Beach boom to $2 billion in sales By Jacquelyn Ryan 1 OS ANGELES’ WHITE-HOT LUXURY HOME moved to the U.S. short- 2 market shows no signs of cooling. The aver- term to learn English age luxury home sales price in the city grew but decided to stay when 10.5 percent — to $7.4 million — during the he found his calling second quarter of 2015, while the average num- in real estate, was part Lber of days on the market fell 11 percent (to 88 days), of the team that sold $85M according to Douglas Elliman. Witness record-setting sales Holmby author-screenwriter in some of the hottest markets — with many buyers pay- Hills Victoria Foyt and director ing all-cash. “It’s a healthy market, and there’s no better Henry Jaglom’s Santa place to invest,” says John Aaroe Group’s Aaron Kirman, Monica home at 609 E. one of THR’s top 25 agents, in alphabetical order, selected Channel Road — used for their client rosters and killer deals. in Beverly Hills Cop — in July for $23 million, JOSH AND MATT › the purchase of her 5-acre 3 one of the top sales to ALTMAN vineyard estate in Hidden date in Santa Monica.
    [Show full text]
  • Preliminary Developer TDM Plan Residential
    CITY PLANNING DIVISION PRELIMINARY DEVELOPER TRANSPORTATION DEMAND MANAGEMENT (TDM) PLAN: RESIDENTIAL (completed by City staff) ENT number: Applications must be submitted at the City Planning public counter at City Hall. City Hall is located at 1685 Main Street, Santa Monica, CA 90401. If you have any questions completing this application contact information for the TDM staff can be found here (www.santamonica.gov/tdmcontact). AVR targets can be found here (smgov.net/Departments/PCD/AVRLookup.aspx). Fees can be found on the Finance Department page (https://finance.smgov.net/fees-taxes/fees-rates). PROJECT ADDRESS: APPLICANT: (Note: All correspondences will be sent to the contact person) Name: Address: Zip: Phone: Email: CONTACT PERSON: (if different) Name: Address: Zip: Phone: Email: PROPERTY OWNER: Name: Address: Zip: Phone: Email: Please confirm the following: I have initialed the bottom of every page I have attached a map showing all transportation options available within a half-mile of the Project Site. This includes bike lanes, bikeshare stations, and bus and rail stops. (You can use the Transportation layers at www.santamonica.gov/samomap) I hereby certify that I am the owner of the subject property and that I have reviewed the subject application and authorize the applicant or applicant’s representative (contact person) to make decisions that may affect my prop- erty as it pertains to this application. PRELIMINARY DEVELOPER TDM PLAN: Residential PRELIMINARY Property Owner’s Name (PRINT) Property Owner’s Signature Date Signed This part completed by City staff: Plan Approval Date: Check/Invoice No: Simple TDM Fee Plan Approved By (Sign): Amount Paid: Complex TDM Fee Plan Approved By (Print): Payment Date: Property Owner Initials: Preliminary TDM Plan: Mixed Use Page 1 of 4 Last Revised June 2021 PROJECT INFORMATION Total Square Footage: square feet Total Number of Residential Units: AVR target of Project Site: Below is relevant information that is initially required under SMMC Chapter 9.28.
    [Show full text]
  • Hollywood Best Of
    Staycation in style on every remaining summer Friday-to-Sunday with these customized itineraries, each one just right to feed your inner foodie, romantic, shopper or sloth BEST OF BEST OF BEST OF HOLLYWOOD HOLLYWOOD HOLLYWOOD WHAT’S YOUR TYPE? THIS PAGE Perect EDITED BY F oodie Degen P.72 PENER & Alison OUTdooRS BROWER P.73 Weekends SHOPPING P.74 A full L.A. gastro tour includes everything from cooking classes to ◄ Littlefork’s heaping truffle hunting. Plus, lobster roll. FOODIE Courteney Cox’s favorite ▼ The glam dining room new neighborhood Chinese at Chi Lin on the Sunset Strip was designed by ARTP.75 FRIDAY Kick off your culinary tour with dinner at the Studio Collective, the chic firm behind Public lively Connie and Ted’s (8171 Santa Monica Blvd.) in West and The Spare Room. PAMpeRING Hollywood. It’s the latest in L.A.’s big new embrace P.75 of classic East Coast seafood shacks, as reconceived by top local chefs. (Think Jon Shook and Vinny Dotolo at Son of a Gun, Jason Travi at Littlefork and David ROMANCE LeFevre at Fishing With Dynamite.) This one is all P.76 about the steamers and chowda, creations of Michael Cimarusti, known for the fish-focused Providence CLASSIC L.A. (which earned two Michelin stars when the guide was P.76 still covering the city), all served up in a postmodern swoop of a building that recalls Googie architecture. ONE-peRCENTER SATUrday First thing, visit the most-talked-about P.78 breakfast spot in town, Silver Lake’s Sqirl (720 N.
    [Show full text]