santa fe ave. · source: ©2015 market planning solutions, inc. june 09, 2016 ©2015 esri page 1 of...

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1836 Santa Fe Ave. Offering memorandum Coldwell Banker Commercial BLAIR WESTMAC | 333 W. Broadway, Ste. 312 | Long Beach, CA 90802 | 562.495.6070 | 562.495.6072, fax | www.cbcblair.com | BRE#: 01330395

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Page 1: Santa Fe Ave. · Source: ©2015 Market Planning Solutions, Inc. June 09, 2016 ©2015 Esri Page 1 of 1 Demographics & Traffic Counts Demographic and Income Profile 1836 Santa Fe Ave,

1836Santa Fe Ave.

Offering memorandumColdwell Banker Commercial BLAIR WESTMAC | 333 W. Broadway, Ste. 312 | Long Beach, CA 90802 | 562.495.6070 | 562.495.6072, fax | www.cbcblair.com | BRE#: 01330395

Page 2: Santa Fe Ave. · Source: ©2015 Market Planning Solutions, Inc. June 09, 2016 ©2015 Esri Page 1 of 1 Demographics & Traffic Counts Demographic and Income Profile 1836 Santa Fe Ave,

1836 Santa Fe Ave.e x e c u t i v e S U M M A R Y

Page 3: Santa Fe Ave. · Source: ©2015 Market Planning Solutions, Inc. June 09, 2016 ©2015 Esri Page 1 of 1 Demographics & Traffic Counts Demographic and Income Profile 1836 Santa Fe Ave,

1,732 SF COMMERCIAL BUILDING ON 5,434 SF LOT1836 Santa Fe Avenue in Long Beach, California in the

West Long Beach neighborhood. The immediate area

surrounding your property is retail, office, residential,

service, and industrial oriented type businesses.

The property is situated in the heart of West Long Beach,

located directly on Santa Fe Avenue in between Pacific

Coast Highway and 19th Street. The building totals

approximately 1,732 SF on an approximately 5,434 SF lot

as per Corelogic RealQuest Professional Reports.

West Long Beach is a predominantly working class area

of Long Beach, California. The neighborhood is bounded

to the south, north and east by the Long Beach city limits

and to the south by Pacific Coast Highway and East Long

Beach neighborhood. The north boundary with Lakewood

is only a few blocks of the Long Beach Freeway (California

State Route 710).

West Long Beach is mostly retail and residential. It is home

to the Long Beach Job Corps Center, Job Corps is a no-

cost education and career technical training program

administered by the U.S. Department of Labor that helps

young people ages 16 through 24 improve the quality of

their lives through career technical and academic training.

There are some industrial businesses, mostly along the

southern edge of West Long Beach between Pacific

Coast Highway and Anaheim Street.

The property is zoned as LBCHW which is part of the

Regional Commercial Zoning District. The Regional

Commercial District provides for large scale, mixed uses

on large sites in activity centers. These sites are located on

major arterial streets and regional traffic corridors. There is

one (1) type of Regional Scale Zone:

1. The Regional Highway District (CHW) is a

commercial use district for mixed scale commercial

uses located along major arterial streets and

regional traffic corridors. Residential use is not

permitted.

Permitted Uses would include: Alcohol Beverage

Manufacturing, Alcoholic Beverage Sales, Automotive

parts sales, Copy, fax, mail box, or supplies, Equipment

sales, rental, or repair, Offset printing, Dancing (accessory

use), Restaurant with entertainment, Financial Services,

Daycare or pre-school, personal services, professional

services, retail services, and medical.

© 2016 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the

Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates

Page 4: Santa Fe Ave. · Source: ©2015 Market Planning Solutions, Inc. June 09, 2016 ©2015 Esri Page 1 of 1 Demographics & Traffic Counts Demographic and Income Profile 1836 Santa Fe Ave,

1836 Santa Fe Ave.Long Beach, CA 90810P R O P E R T Y S U M M A R Y

Asking Price:

Building SF:

Lot Area/Acres:

APN:

Zoning:

Year Built:

Parking Spaces:

features:

$600,000 ($346.42/SF)

1,732 SF

5,434 SF/0.26

7431-036-001

LBCCN

1957

11

The property is situated in the heart of West Long Beach, located directly on Santa Fe Avenue in between Pacific Coast Highway and 19th Street. The building totals approximately 1,732 SF on an approximately 5,434 SF. West Long Beach is a predominantly working class area of Long Beach, California. The neighborhood is bounded to the south, north and east by the Long Beach city limits and to the south by Pacific Coast Highway and East Long Beach neighborhood. The north boundary with Lakewood is only a few blocks of the Long Beach Freeway (California State Route 710). The property is currently build out as a Dental office (furniture, fixtures, and equipment can be included in sale.

Page 5: Santa Fe Ave. · Source: ©2015 Market Planning Solutions, Inc. June 09, 2016 ©2015 Esri Page 1 of 1 Demographics & Traffic Counts Demographic and Income Profile 1836 Santa Fe Ave,

1836 Santa Fe Ave.p r o p e r t y S U M M A R Y

Page 6: Santa Fe Ave. · Source: ©2015 Market Planning Solutions, Inc. June 09, 2016 ©2015 Esri Page 1 of 1 Demographics & Traffic Counts Demographic and Income Profile 1836 Santa Fe Ave,

1836 santa fe Avenuelong beach, CA 90810

Santa F

e Ave.

Page 7: Santa Fe Ave. · Source: ©2015 Market Planning Solutions, Inc. June 09, 2016 ©2015 Esri Page 1 of 1 Demographics & Traffic Counts Demographic and Income Profile 1836 Santa Fe Ave,

Pacific Coast Hwy.

1836 Santa Fe AVe.Long Beach, CA 90810P R O P E R T Y S U M M A R Y

Santa F

e Ave.

Long Beach Police

West Division

Page 8: Santa Fe Ave. · Source: ©2015 Market Planning Solutions, Inc. June 09, 2016 ©2015 Esri Page 1 of 1 Demographics & Traffic Counts Demographic and Income Profile 1836 Santa Fe Ave,

Traffic Count Map - Close Up1836 Santa Fe Ave, Long Beach, California, 90810 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 33.79051

Longitude: -118.21538

Source: ©2015 Market Planning Solutions, Inc.

June 09, 2016

©2015 Esri Page 1 of 1

D e m o g r a p h i c s & T r a f f i c C o u n t sDemographic and Income Profile1836 Santa Fe Ave, Long Beach, California, 90810 Prepared by EsriRing: 1 mile radius Latitude: 33.79051

Longitude: -118.21538

Summary Census 2010 2015 2020Population 14,675 15,507 16,244Households 3,769 4,008 4,223Families 2,977 3,159 3,324Average Household Size 3.76 3.74 3.72Owner Occupied Housing Units 1,751 1,747 1,807Renter Occupied Housing Units 2,018 2,261 2,416Median Age 32.1 32.3 33.6

Trends: 2015 - 2020 Annual Rate Area State NationalPopulation 0.93% 0.73% 0.75%Households 1.05% 0.74% 0.77%Families 1.02% 0.76% 0.69%Owner HHs 0.68% 0.61% 0.70%Median Household Income 2.89% 3.36% 2.66%

2015 2020 Households by Income Number Percent Number Percent

<$15,000 699 17.5% 717 17.0%$15,000 - $24,999 569 14.2% 462 11.0%$25,000 - $34,999 522 13.0% 483 11.5%$35,000 - $49,999 605 15.1% 604 14.3%$50,000 - $74,999 622 15.5% 665 15.8%$75,000 - $99,999 387 9.7% 495 11.7%$100,000 - $149,999 426 10.6% 558 13.2%$150,000 - $199,999 119 3.0% 160 3.8%$200,000+ 54 1.3% 75 1.8%

Median Household Income $39,155 $45,150Average Household Income $54,247 $62,213Per Capita Income $14,815 $16,954

Census 2010 2015 2020 Population by Age Number Percent Number Percent Number Percent

0 - 4 1,135 7.7% 1,186 7.6% 1,246 7.7%5 - 9 1,140 7.8% 1,129 7.3% 1,115 6.9%10 - 14 1,171 8.0% 1,184 7.6% 1,161 7.1%15 - 19 1,327 9.0% 1,223 7.9% 1,176 7.2%20 - 24 1,137 7.7% 1,421 9.2% 1,237 7.6%25 - 34 1,987 13.5% 2,165 14.0% 2,496 15.4%35 - 44 2,058 14.0% 1,999 12.9% 2,080 12.8%45 - 54 1,923 13.1% 1,938 12.5% 1,992 12.3%55 - 64 1,490 10.2% 1,718 11.1% 1,855 11.4%65 - 74 739 5.0% 930 6.0% 1,148 7.1%75 - 84 390 2.7% 428 2.8% 530 3.3%

85+ 178 1.2% 185 1.2% 209 1.3%Census 2010 2015 2020

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 4,047 27.6% 4,188 27.0% 4,380 27.0%Black Alone 1,887 12.9% 1,940 12.5% 1,950 12.0%American Indian Alone 98 0.7% 106 0.7% 111 0.7%Asian Alone 3,748 25.5% 4,098 26.4% 4,428 27.3%Pacific Islander Alone 224 1.5% 234 1.5% 241 1.5%Some Other Race Alone 3,969 27.0% 4,170 26.9% 4,319 26.6%Two or More Races 702 4.8% 772 5.0% 815 5.0%

Hispanic Origin (Any Race) 7,476 50.9% 7,872 50.8% 8,273 50.9%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020.

June 09, 2016

©2015 Esri Page 1 of 6

Demographic and Income Profile1836 Santa Fe Ave, Long Beach, California, 90810 Prepared by EsriRing: 1 mile radius Latitude: 33.79051

Longitude: -118.21538

Summary Census 2010 2015 2020Population 14,675 15,507 16,244Households 3,769 4,008 4,223Families 2,977 3,159 3,324Average Household Size 3.76 3.74 3.72Owner Occupied Housing Units 1,751 1,747 1,807Renter Occupied Housing Units 2,018 2,261 2,416Median Age 32.1 32.3 33.6

Trends: 2015 - 2020 Annual Rate Area State NationalPopulation 0.93% 0.73% 0.75%Households 1.05% 0.74% 0.77%Families 1.02% 0.76% 0.69%Owner HHs 0.68% 0.61% 0.70%Median Household Income 2.89% 3.36% 2.66%

2015 2020 Households by Income Number Percent Number Percent

<$15,000 699 17.5% 717 17.0%$15,000 - $24,999 569 14.2% 462 11.0%$25,000 - $34,999 522 13.0% 483 11.5%$35,000 - $49,999 605 15.1% 604 14.3%$50,000 - $74,999 622 15.5% 665 15.8%$75,000 - $99,999 387 9.7% 495 11.7%$100,000 - $149,999 426 10.6% 558 13.2%$150,000 - $199,999 119 3.0% 160 3.8%$200,000+ 54 1.3% 75 1.8%

Median Household Income $39,155 $45,150Average Household Income $54,247 $62,213Per Capita Income $14,815 $16,954

Census 2010 2015 2020 Population by Age Number Percent Number Percent Number Percent

0 - 4 1,135 7.7% 1,186 7.6% 1,246 7.7%5 - 9 1,140 7.8% 1,129 7.3% 1,115 6.9%10 - 14 1,171 8.0% 1,184 7.6% 1,161 7.1%15 - 19 1,327 9.0% 1,223 7.9% 1,176 7.2%20 - 24 1,137 7.7% 1,421 9.2% 1,237 7.6%25 - 34 1,987 13.5% 2,165 14.0% 2,496 15.4%35 - 44 2,058 14.0% 1,999 12.9% 2,080 12.8%45 - 54 1,923 13.1% 1,938 12.5% 1,992 12.3%55 - 64 1,490 10.2% 1,718 11.1% 1,855 11.4%65 - 74 739 5.0% 930 6.0% 1,148 7.1%75 - 84 390 2.7% 428 2.8% 530 3.3%

85+ 178 1.2% 185 1.2% 209 1.3%Census 2010 2015 2020

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 4,047 27.6% 4,188 27.0% 4,380 27.0%Black Alone 1,887 12.9% 1,940 12.5% 1,950 12.0%American Indian Alone 98 0.7% 106 0.7% 111 0.7%Asian Alone 3,748 25.5% 4,098 26.4% 4,428 27.3%Pacific Islander Alone 224 1.5% 234 1.5% 241 1.5%Some Other Race Alone 3,969 27.0% 4,170 26.9% 4,319 26.6%Two or More Races 702 4.8% 772 5.0% 815 5.0%

Hispanic Origin (Any Race) 7,476 50.9% 7,872 50.8% 8,273 50.9%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020.

June 09, 2016

©2015 Esri Page 1 of 6

Page 9: Santa Fe Ave. · Source: ©2015 Market Planning Solutions, Inc. June 09, 2016 ©2015 Esri Page 1 of 1 Demographics & Traffic Counts Demographic and Income Profile 1836 Santa Fe Ave,

P a r c e l M a p & A e r i a l

San

ta F

e A

ve

.

Page 10: Santa Fe Ave. · Source: ©2015 Market Planning Solutions, Inc. June 09, 2016 ©2015 Esri Page 1 of 1 Demographics & Traffic Counts Demographic and Income Profile 1836 Santa Fe Ave,

F l o o r P l a n & a d d i t i o n a l p h o t o s

Page 11: Santa Fe Ave. · Source: ©2015 Market Planning Solutions, Inc. June 09, 2016 ©2015 Esri Page 1 of 1 Demographics & Traffic Counts Demographic and Income Profile 1836 Santa Fe Ave,
Page 12: Santa Fe Ave. · Source: ©2015 Market Planning Solutions, Inc. June 09, 2016 ©2015 Esri Page 1 of 1 Demographics & Traffic Counts Demographic and Income Profile 1836 Santa Fe Ave,

1836Santa Fe Ave.

CONTACT: BECKY BLAIRPRESIDENT & PRINCIPALCell: (562) 301-4515Email: [email protected]# 00630793

SHEVA HOSSEINZADEHASSOCIATECell: (562) 400-5949Email: [email protected]# 01922147