Approximately 26,162 Square Feet of Land
Total Page:16
File Type:pdf, Size:1020Kb
APPROXIMATELY 26,162 SQUARE FEET OF LAND DANIEL J. PARK, ESQ. FOR SALE Senior Vice President [email protected] 310.966.4394 DRE #01924837 11600 ARTESIA BOULEVARD FOR SALE PROPERTY INFO 11600 ARTESIA BOULEVARD 11600 ARTESIA BOULEVARD 11600 Artesia Boulevard is located at the southeast corner of Artesia Boulevard and Roseton Avenue, which is a signalized intersection. Across the street to the west is a 2.61 acre site planned for mixed-use development. One block to the west is the 43,000 square-foot East West Ice Palace, owned in part by five-time world champion Michelle Kwan. The subject site is also down the street from “Little India,” a stretch of Pioneer Boulevard that is home to the second largest ethnic Indian population in the country, after New York City. Less than one-mile away is the Los Cerritos Shopping Center. ADDRESS 11600 Artesia Boulevard, Artesia, CA 90701 APN 7035-017-010 & 7035-017-011 LAND SIZE Approximately 26,162 square feet ZONING ATCG* SALE PRICE $1,950,000 ($74.35 per square foot) FOR SALE AREA DESCRIPTION 11600 ARTESIA BOULEVARD CITY OF ARTESIA The City of Artesia is a small suburban jurisdiction with a total area of 1.62 square miles. Located approximately 19 miles southeast of the City of Los Angeles, 10 miles northwest of the City of Anaheim, Artesia is bounded by the City of Norwalk to the north, and the City of Cerritos to the south, east, and west. The City enjoys easy access to Interstate 605 (I-605), located just west, and State Route 91 (SR-91) Freeway located just to the north. Artesia Boulevard runs east-west through the City, parallel to the SR-91 Freeway. The Boulevard is a major roadway extending approximately 16 miles from the City of Carson east to the City of Fullerton in northern Orange County. There are a number of major commercial areas and educational centers within five miles, including Los Cerritos Shopping Center, the Cerritos Auto Mall, Cerritos College, Biola University, and the Lakewood Center Mall. FOR SALE DEMOGRAPHICS 11600 ARTESIA BOULEVARD POPULATION MEDIAN HOME VALUE 1 Mile: ±22,650 1 Mile: ±$530,601 3 Miles: ±266,306 $ 3 Miles: ±$503,116 5 Miles: ±629,884 5 Miles: ±$494,996 HOUSEHOLDS MEDIAN HOUSEHOLD INCOME 1 Mile: ±6,267 1 Mile: ±$67,977 3 Miles: ±79,798 3 Miles: ±$71,326 5 Miles: ±188,144 $ 5 Miles: ±$73,220 TRAFFIC Collection Street Artesia Blvd Artesia Fwy State Route 91 Pioneer Blvd Cross Street Flallon Ave Gridley Rd Artesia Blvd Traffic Volume 18,246 301,045 260,439 33,769 This statement with the information it contains is given with the understanding that all negotiations relating to the purchase, renting, or leasing of the property described above shall be conducted through this office. The above information while not guaranteed has been secured from sources we believe to be reliable. We obtained the information contained in this memorandum from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. FOR SALE LOCATION MAP 11600 ARTESIA BOULEVARD FOR SALE AMENITIES MAP 11600 ARTESIA BOULEVARD CERRITOS AUTO SQUARE LOS CERRITOS CENTER EAST WEST PALACE CERRITOS LIBRARY CERRITOS CENTER FOR THE PERFORMING ARTS FOR SALE CONCEPTUAL DEVELOPMENT SCENARIO ARTESIA BOULEVARD CORRIDOR SPECIFIC PLAN 11600 ARTESIA BOULEVARD FOR SALE SALE COMPARABLES 11600 ARTESIA BOULEVARD 11540 ARTESIA BOULEVARD - THE ROSTON Sale Date 6/26/2018 Land Area 113,692 SF Sale Price $7,000,000 Zoning GC Land Price/SF $61.57 APN 7035-005-048,049,050 17915-17921 JERSEY AVENUE Sale Date 11/30/2017 Land Area 16,553 SF Sale Price $1,250,000 Zoning ATMRV* Land Price/SF $75.00 APN 7035-013-041,043 13359 SOUTH STREET Sale Date 9/22/2017 Land Area 22,216 SF Sale Price $1,490,000 Zoning CC Land Price/SF $66.61 APN 7028-027-001 FOR SALE 11600 ARTESIA BOULEVARD DANIEL J. PARK, ESQ. WESTMAC Commercial Brokerage Company Senior Vice President 1515 S. Sepulveda Boulevard, Los Angeles, CA, 90025 [email protected] 310.478.7700 www.westmac.com 310.966.4394 DRE#01096973 DRE #01924837 ©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..