CB
CW
OR
LDW
IDE.
CO
M
NRT
PRIME MID-CITY LOCATIONMixed Use Owner User OR Redevelopment TOC & QOZ
OFFICE
Brian MallaschCommercial Agent818 851 [email protected] #01748272
©2020 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker Commercial logos aretrademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company ownedoffices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which areindependently owned and operated. The Coldwell Banker System fully supports the principles of the EqualOpportunity Act.
COLDWELL BANKER COMMERCIALNRT23647 Calabasas Rd, Calabasas, CA 91302818.222.0023
FO
R S
AL
E
SA
LE
3318 W Jefferson Blvd., Los Angeles, CA 90018
PRIME MID-CITY LOCATION
CBCWORLDWIDE.COM
Brian MallaschCommercial Agent818 851 [email protected] #01748272 NRT 02
CONFIDENTIALITY AGREEMENT
This offering has been prepared solely for informational purposes. It is designed to assist a potentialinvestor in determining whether it wishes to proceed with an in-depth investigation of the subjectproperty. While the information contained herein is from sources deemed reliable, it has not beenindependently verified by the Coldwell Banker Commercial affiliate or by the Seller.
The projections and pro forma budget contained herein represent best estimates on assumptionsconsidered reasonable under the circumstances. No representations or warranties, expressed orimplied, are made that actual results will conform to such projections.
This document is provided subject to errors, omissions and changes in the information and is subjectto modification or withdrawal. The contents herein are confidential and are not to be reproducedwithout the express written consent.
Interested buyers should be aware that the Seller is selling the Property “AS IS” CONDITION WITH ALLFAULTS, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE. Prior to and/orafter contracting to purchase, as appropriate, buyer will be given a reasonable opportunity to inspectand investigate the Property and all improvements thereon, either independently or through agents ofthe buyer’s choosing.
The Seller reserves the right to withdraw the Property being marketed at any time without notice, toreject all offers, and to accept any offer without regard to the relative price and terms of any other offer.Any offer to buy must be: (i) presented in the form of a non-binding letter of intent; (ii) incorporated ina formal written contract of purchase and sale to be prepared by the Seller and executed by bothparties; and (iii) approved by Seller and such other parties who may have an interest in the Property.Neither the prospective buyer nor Seller shall be bound until execution of the contract of purchase andsale, which contract shall supersede prior discussions and writings and shall constitute the soleagreement of the parties.
Prospective buyers shall be responsible for their costs and expenses of investigating the Property andall other expenses, professional or otherwise, incurred by them.
CBCWORLDWIDE.COM
Brian MallaschCommercial Agent818 851 [email protected] #01748272 NRT 03
Why CBC - Page 1
Why CBC - Page 2
06 PROPERTY INFORMATION
Property Overview
Complete Highlights
Additional Photos
10 LOCATION INFORMATION
QOZ FAQ
Regional Map
Location Maps
14 FINANCIAL ANALYSIS
Rent Roll
16 SALE COMPARABLES
Sale Comps
Sale Comps Summary
Sale Comps Map
22 DEMOGRAPHICS
Demographics Report
35 ADVISOR BIOS
Advisor Bio 1
SA
LE
3318 W Jefferson Blvd., Los Angeles, CA 90018
PRIME MID-CITY LOCATION
CBCWORLDWIDE.COM
Brian MallaschCommercial Agent818 851 [email protected] #01748272 NRT 04
WHY COLDWELL BANKER COMMERCIAL
Owner. Occupier. Investor. Local business or global corporation. No matter who you are, the challenges remain the same.
The success of the CBC organization lies in its striking versatility. The organization deftly combines a powerful national presence withthe agility of a regional market innovator. Each CBC affiliate office has the resources and insight to understand its local market and theexpertise to convert this knowledge into tangible value for each client. The CBC organization’s skillful professionals and nimble affiliateoffices service a wealth of business categories in markets of any size, with clients ranging from established corporations to smallbusinesses to individual investors.
Acquisition and Disposition Market Research & Analysis
Capital Services & Investment Analysis Property & Facilities Management
Construction Management Startups & Small Business
Corporate Services Tenant Representation
Distressed Assets Landlord Representation
Relocation Services
167Companies
Presence in
42Countries
2,756Professionals
6,005YE Sales Transactions
$4.8 billionSales Volume
5,507YE Lease Transactions
$1.3 billionLease Volume
SA
LE
3318 W Jefferson Blvd., Los Angeles, CA 90018
PRIME MID-CITY LOCATION
CBCWORLDWIDE.COM
Brian MallaschCommercial Agent818 851 [email protected] #01748272 NRT 05
WHY COLDWELL BANKER COMMERCIAL NRT
CAPTURING UNREALIZED VALUE
Often property owners are not aware of the many intrinsic values their asset may hold. We have an intimate understanding ofthe market and its trends. We know what the current demand is and what the market seeks.
DIRECT CONTACT WITH MARKET PLAYERS
Our ability to access active market players is key, and the market is constantly shifting. We have a built a long list of directcontacts and strong relationships from years of marketing and ongoing involvement in the market.
VALUATING & MARKETING YOUR PROPERTY
We feel that it is critical to work closely with our clients to formulate a specific marketing plan for each transaction, one that themarket would respond to. We have access to a marketing and technology platform that was built for the successful marketingof your property.
CONNECTED TO A GLOBAL BRAND
CBC has one of the largest domestic footprints in commercial real estate with almost 180 offices in primary, secondary andinternational markets and nearly 3,000 professionals worldwide.
SA
LE
3318 W Jefferson Blvd., Los Angeles, CA 90018
PRIME MID-CITY LOCATION
CB
CW
OR
LDW
IDE.
CO
M
NRT
PROPERTY INFORMATIONSECTION 1
OFFICE
Brian MallaschCommercial Agent818 851 [email protected] #01748272
©2020 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker Commercial logos aretrademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company ownedoffices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which areindependently owned and operated. The Coldwell Banker System fully supports the principles of the EqualOpportunity Act.
COLDWELL BANKER COMMERCIALNRT23647 Calabasas Rd, Calabasas, CA 91302818.222.0023
FO
R S
AL
E
CBCWORLDWIDE.COM
Brian MallaschCommercial Agent818 851 [email protected] #01748272 NRT 07
SALE PRICE $3,780,000
OFFERING SUMMARY
Lot Size: 13,780 SF
Building Size: 10,007 SF
Zoning: C2
Market: Los Angeles
TOC: Tier 3
Qualified Opportunity Zone: YES
PROPERTY OVERVIEW
Coldwell Banker Commercial is excited to exclusive represent the seller of thisPrime Mid-City Property. The property benefits from approximately 106' ofJefferson Blvd. frontage. Located along the heavily trafficked corridor of JeffersonBlvd. seeing approximately 32,000 VPD. This prime site is situated on a corner.Located within a Tier 3 TOC and IRS Qualified Opportunity Zone. This is anincredible opportunity to buy and occupy for your business or leverage all themany concessions for redevelopment.
PROPERTY HIGHLIGHTS
• Prime Redevelopment Site
• Prime Owner User Potential
• Current Mixed-Use Property
• (4) 2bd/1ba Second Floor Units
• Strong Demographics and Rental Submarket
• Corner Property
• Tier 3 TOC
• Qualified Opportunity Zone
• Seller May Consider Lease Back
OTHER RESOURCES
SA
LE
3318 W Jefferson Blvd., Los Angeles, CA 90018
PRIME MID-CITY LOCATION
CBCWORLDWIDE.COM
Brian MallaschCommercial Agent818 851 [email protected] #01748272 NRT 08
LOCATION INFORMATION
Building Name Prime Mid-City Location
Street Address 3318 W Jefferson Blvd.
City, State, Zip Los Angeles, CA 90018
County Los Angeles
Market Los Angeles
Sub-market Culver City
Signal Intersection No
TOC Tier 3
Qualified Opportunity Zone YES
BUILDING INFORMATION
Free Standing YES
PROPERTY HIGHLIGHTS
• Prime Redevelopment Site
• Prime Owner User Potential
• Current Mixed-Use Property
• (4) 2bd/1ba Second Floor Units
• Strong Demographics and RentalSubmarket
• Corner Property
• Tier 3 TOC
• Qualified Opportunity Zone
• Seller May Consider Lease Back
SA
LE
3318 W Jefferson Blvd., Los Angeles, CA 90018
PRIME MID-CITY LOCATION
CBCWORLDWIDE.COM
Brian MallaschCommercial Agent818 851 [email protected] #01748272 NRT 09
SA
LE
3318 W Jefferson Blvd., Los Angeles, CA 90018
PRIME MID-CITY LOCATION
CB
CW
OR
LDW
IDE.
CO
M
NRT
LOCATION INFORMATIONSECTION 2
OFFICE
Brian MallaschCommercial Agent818 851 [email protected] #01748272
©2020 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker Commercial logos aretrademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company ownedoffices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which areindependently owned and operated. The Coldwell Banker System fully supports the principles of the EqualOpportunity Act.
COLDWELL BANKER COMMERCIALNRT23647 Calabasas Rd, Calabasas, CA 91302818.222.0023
FO
R S
AL
E
Special ReportOpportunity Zones FAQs
Q. What is an Opportunity Zone?
A: Opportunity Zones are areas in each state where Qualifi ed Op-portunity Funds can invest gains from other investments into real estate and businesses to defer and reduce capital gains taxes.
Q: Why were Opportunity Zones created?
A: Opportunity Zones were added as part of the Tax Cuts and Jobs Act on Dec. 22, 2017, to encourage investment, development and job creation in economically distressed communities.
Q: What is a Qualifi ed Opportunity Fund?
A: Investors put capital gains from other investments such as the sale of stocks into a Qualifi ed Opportunity Fund to defer and re-duce taxes on capital gains. The fund invests at least 90 percent of that money into properties located in opportunity zones and must substantially improve the property with development equal to or greater than the purchase price within 30 months.
Q: Is this a “limited time” opportunity?
A: Gains that are placed in an Opportunity Fund are only deferred until the end of 2026. As a result, the equity investment must be made by the end of 2019 to get the full 15 percent tax basis “step-up” from investing in an Opportunity Fund for seven years.
Q: Are the rules still being defi ned? What guidance is coming?
A: Guidance is still pending on many elements of this newly created tax rule. One open question is how funds are treated during the sub-stantial improvement phase. The statute allows 30 months to com-plete the substantial improvements, but requires that 90 percent of the funds be invested within six months. This rule, and many others, will require additional guidance from the Treasury Department and the IRS.
Q: How do investors benefi t by investing in Opportunity Zones?
A: If investors invest capital gains into a Qualifi ed Opportunity Fund within 180 days of selling an asset such as stocks, they can potentially defer or reduce their capital gains taxes:
■ Five-Year Hold: If the taxpayer holds the fund shares for fi veyears, there is a 10 percent basis step-up. They only pay taxes on90 percent of the capital gains they invested.
■ Seven-Year Hold: If the taxpayer holds the fund shares for sevenyears, there is another 5 percent basis step-up (to a total of 15percent). They only pay taxes on 85 percent of the capital gainsthey invested.
■ Taxes Due: When the taxpayer sells the investment, or on Dec.31, 2026, – whichever comes fi rst – the taxpayer must pay taxeson the deferred capital gains.
■ 10-Year Hold: If the taxpayer holds the fund shares 10 years, thetaxpayer still receives the 15 percent basis step-up, but also paysno capital gains taxes on the profi ts on the assets in the fund.
Q: How is a Qualifi ed Opportunity Fund Created?
A: An eligible taxpayer self-certifi es by fi ling with the IRS as a part-nership or as a corporation. Investors place capital into the fund within 180 days of recognizing a gain from other investments.
Q: Do Opportunity Zones only apply to real estate?
A: Although this FAQ focuses on commercial real estate and redevelop-ment, Opportunity Funds can also invest in new construction and busi-nesses located in these areas. Separate rules apply to those options.
Q: Can investors 1031 Exchange into an Opportunity Fund?
A: Investors cannot use a 1031 tax deferred exchange to move profi ts from real property into an Opportunity Fund, nor can gains from an Op-portunity Fund be exchanged into real property using a 1031 exchange.
Investor sellsstocks or hasa capital gain
Investor places gains intoQualified Opportunity
Fund (QOF) within 180 days
QOF buys real estatein Qualified
Opportunity Zone
QOF invests $ matchingpurchase price into
property development
Hold 5 years for 10% basisincrease (pay taxes
on 90% of capital gains)
Hold 7 years for 15% basisincrease (pay taxes
on 85% of capital gains)
Taxes due – Dec. 31, 2026or upon sale
Hold 10 yearsPay no capital gains
on acquired property
Year
10Year
7Year
5
OPPORTUNITY ZONE PROCESS SNAPSHOT
Opportunity Zones and Opportunity Funds are still awaiting IRS guidance and are subject to dramatic revision. This FAQ was prepared as an interpretation of the current rules and is subject to change without notice. Consult a Tax Professional for an interpretation based on your unique investment and taxation needs.
CBCWORLDWIDE.COM
Brian MallaschCommercial Agent818 851 [email protected] #01748272 NRT 012
3318 W Jefferson Blvd.
SA
LE
3318 W Jefferson Blvd., Los Angeles, CA 90018
PRIME MID-CITY LOCATION
CBCWORLDWIDE.COM
Brian MallaschCommercial Agent818 851 [email protected] #01748272 NRT 013
3318 W Jefferson Blvd.
SA
LE
3318 W Jefferson Blvd., Los Angeles, CA 90018
PRIME MID-CITY LOCATION
CB
CW
OR
LDW
IDE.
CO
M
NRT
FINANCIAL ANALYSISSECTION 3
OFFICE
Brian MallaschCommercial Agent818 851 [email protected] #01748272
©2020 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker Commercial logos aretrademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company ownedoffices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which areindependently owned and operated. The Coldwell Banker System fully supports the principles of the EqualOpportunity Act.
COLDWELL BANKER COMMERCIALNRT23647 Calabasas Rd, Calabasas, CA 91302818.222.0023
FO
R S
AL
E
CBCWORLDWIDE.COM
Brian MallaschCommercial Agent818 851 [email protected] #01748272 NRT 015
UNIT
NUMBER
UNIT
MIX
LEASE
START
LEASE
END
MONTHLY
RENT
MARKET
RENT
201 2 BD / 1BA MTM MTM $1,080 $1,700
202 2 BD / 1BA MTM MTM $1,130 $1,700
203 2 BD / 1BA MTM MTM $1,400 $1,700
204 2 BD / 1BA MTM MTM $1,575 $1,700
$5,185 $6,800
*Units are all seperately metered for Electricity. Common area Water & Gas.
SA
LE
3318 W Jefferson Blvd., Los Angeles, CA 90018
PRIME MID-CITY LOCATION
CB
CW
OR
LDW
IDE.
CO
M
NRT
SALE COMPARABLESSECTION 4
OFFICE
Brian MallaschCommercial Agent818 851 [email protected] #01748272
©2020 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker Commercial logos aretrademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company ownedoffices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which areindependently owned and operated. The Coldwell Banker System fully supports the principles of the EqualOpportunity Act.
COLDWELL BANKER COMMERCIALNRT23647 Calabasas Rd, Calabasas, CA 91302818.222.0023
FO
R S
AL
E
CBCWORLDWIDE.COM
Brian MallaschCommercial Agent818 851 [email protected] #01748272 NRT 017
3318 W Jefferson Blvd. | Los Angeles, CA 90018
Subject Property
Sale Price: $3,780,000 Lot Size: 13,780 SFBuilding SF: 10,007 SF Price / SF: $377.74No. Units: 4 Price / Unit: $945,000
Coldwell Banker Commercial is excited to exclusive represent the seller of this Prime Mid-City Redevelopment Property. The property benefits from approximately106' of Jefferson Blvd. frontage. Located along the heavily trafficked corridor of Jefferson Blvd. seeing approximately 32,000 VPD. This prime site is situated on acorner. Located within a Tier 3 TOC and IRS Qualified Opportunity Zone.
1 3518 Crenshaw Blvd
Los Angeles, CA 90016
Sale Price: $4,150,000 Lot Size: 16,553 SFBuilding SF: 5,262 SF Price / SF: $788.67Closed: 07/31/2019
1
2 2300 W Jefferson
Los Angeles, CA 90018
Sale Price: $1,280,000 Lot Size: 11,678 SFBuilding SF: 3,778 SF Price / SF: $338.80Closed: 07/12/2019
2
3 3423 W Jefferson Blvd
Los Angeles, CA 90018
Sale Price: $1,822,465 Lot Size: 6,970 SFBuilding SF: 3,127 SF Price / SF: $582.82Closed: 07/03/2019
3
SA
LE
3318 W Jefferson Blvd., Los Angeles, CA 90018
PRIME MID-CITY LOCATION
CBCWORLDWIDE.COM
Brian MallaschCommercial Agent818 851 [email protected] #01748272 NRT 018
4 3626 W Jefferson Blvd.
Los Angeles, CA 90016
Sale Price: $3,070,000 Lot Size: 6,970 SFBuilding SF: 5,339 SF Price / SF: $575.01Closed: 07/22/2019
4
5 4117 W Jefferson Blvd.
Los Angeles, CA 90016
Sale Price: $3,750,000 Lot Size: 5,663 SFBuilding SF: 5,354 SF Price / SF: $700.41Closed: 08/07/2019
5
6 4120 W Jefferson Blvd.
Los Angeles, CA 90016
Sale Price: $1,500,000 Lot Size: 5,489 SFPrice / SF: $273.27 Price / AC: $11,903,807Closed: 07/19/2019
6
7 4522 W Jefferson
Los Angeles, CA 90016
Sale Price: $1,820,000 Lot Size: 6,970 SFBuilding SF: 5,700 SF Price / SF: $319.30Closed: 07/26/2019
7
SA
LE
3318 W Jefferson Blvd., Los Angeles, CA 90018
PRIME MID-CITY LOCATION
CBCWORLDWIDE.COM
Brian MallaschCommercial Agent818 851 [email protected] #01748272 NRT 019
1
2
3
4
5
6
7
SUBJECT PROPERTY PRICE BLDG SF PRICE/SF
Prime Mid-City Location3318 W Jefferson Blvd.Los Angeles, CA 90018
$3,780,000 10,007 SF $377.74
SALE COMPS PRICE BLDG SF PRICE/SF CLOSE
3518 Crenshaw BlvdLos Angeles, CA90016
$4,150,000 5,262 SF $788.67 07/31/2019
2300 W JeffersonLos Angeles, CA90018
$1,280,000 3,778 SF $338.80 07/12/2019
3423 W Jefferson BlvdLos Angeles, CA90018
$1,822,465 3,127 SF $582.82 07/03/2019
3626 W Jefferson Blvd.Los Angeles, CA90016
$3,070,000 5,339 SF $575.01 07/22/2019
4117 W Jefferson Blvd.Los Angeles, CA90016
$3,750,000 5,354 SF $700.41 08/07/2019
4120 W Jefferson Blvd.Los Angeles, CA90016
$1,500,000 - - 07/19/2019
4522 W JeffersonLos Angeles, CA90016
$1,820,000 5,700 SF $319.30 07/26/2019
SA
LE
3318 W Jefferson Blvd., Los Angeles, CA 90018
PRIME MID-CITY LOCATION
CBCWORLDWIDE.COM
Brian MallaschCommercial Agent818 851 [email protected] #01748272 NRT 020
SUBJECT PROPERTY PRICE BLDG SF PRICE/SF
PRICE BLDG SF PRICE/SF CLOSE
Totals/Averages $2,484,638 4,760 SF $521.98
SA
LE
3318 W Jefferson Blvd., Los Angeles, CA 90018
PRIME MID-CITY LOCATION
CBCWORLDWIDE.COM
Brian MallaschCommercial Agent818 851 [email protected] #01748272 NRT 021
3318 W Jefferson Blvd. | Los Angeles, CA 90018SUBJECT PROPERTY
1Los Angeles, CA90016
3518 CRENSHAW BLVD 2Los Angeles, CA90018
2300 W JEFFERSON
3Los Angeles, CA90018
3423 W JEFFERSON BLVD 4Los Angeles, CA90016
3626 W JEFFERSON BLVD.
5Los Angeles, CA90016
4117 W JEFFERSON BLVD. 6Los Angeles, CA90016
4120 W JEFFERSON BLVD.
7Los Angeles, CA90016
4522 W JEFFERSON
SA
LE
3318 W Jefferson Blvd., Los Angeles, CA 90018
PRIME MID-CITY LOCATION
CB
CW
OR
LDW
IDE.
CO
M
NRT
DEMOGRAPHICSSECTION 5
OFFICE
Brian MallaschCommercial Agent818 851 [email protected] #01748272
©2020 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker Commercial logos aretrademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company ownedoffices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which areindependently owned and operated. The Coldwell Banker System fully supports the principles of the EqualOpportunity Act.
COLDWELL BANKER COMMERCIALNRT23647 Calabasas Rd, Calabasas, CA 91302818.222.0023
FO
R S
AL
E
Demographics for3318 W Jefferson Blvd, LosAngeles, California 90018,
United States
Population
Population
1-mi. 3-mi. 5-mi.
Total Population (US Census 2010) 41,222 413,575 1,247,629
Total Population (Current Year) 42,404 429,627 1,310,904
Total Population (Five Year Projection) 43,103 436,164 1,339,229
Adult Population (US Census 2010) 30,832 317,587 960,112
Adult Population (Current Year) 32,489 338,075 1,033,232
Adult Population (Five Year Projection) 33,227 344,626 1,057,664
% Female Population (US Census 2010) 52.74% 51.63% 50.6%
% Male Population (US Census 2010) 47.26% 48.37% 49.4%
% Female Population (Current Year) 52.97% 51.75% 50.63%
% Male Population (Current Year) 47.03% 48.25% 49.37%
% Female Population (Five Year Projection) 52.85% 51.67% 50.57%
% Male Population (Five Year Projection) 47.15% 48.33% 49.43%
Total Daytime Population 23,641 346,355 1,258,838
Population aged 16 and under (Children) 5,649 74,907 237,261
Daytime population (Age 16+) 17,992 271,448 1,021,577
Civilian 16+, at Workplace 7,444 131,774 665,837
Retired population (Age 65+) 4,595 40,874 117,860
Homemakers (Age 16+) 3,788 34,583 101,237
Population Mosaic (Current Year)
1-mi. 3-mi. 5-mi.
% Power Elite 0% 0.8% 3.74%
% Flourishing Families 0% 3.6% 1.89%
% Booming with Confidence 0% 3.57% 4.25%
% Suburban Style 27.68% 10.9% 6.8%
% Thriving Boomers 0% 3.51% 2.31%
% Promising Families 0% 0% 0%
% Young City Solos 0% 5.77% 12.89%
% Middle-class Melting Pot 0% 0% 0%
% Family Union 49.64% 31.82% 18.58%
% Autumn Years 0% 0% 0%
% Significant Singles 0% 4.1% 5.15%
% Blue Sky Boomers 0% 0% 0%
% Families in Motion 0% 0% 0%
% Pastoral Pride 0% 0% 0%
% Singles and Starters 0% 6.5% 8.15%
% Cultural Connections 21.32% 27.84% 34.73%
% Golden Year Guardians 1.36% 0.13% 0.26%
% Aspirational Fusion 0% 0% 0%
% Economic Challenges 0% 1.46% 1.27%
% Unclassified 0% 0% 0%
Age
1-mi. 3-mi. 5-mi.
Median Age, Total 36.24 34.7 34.6
% Age 18+ 76.62% 78.69% 78.82%
% Age 55+ 24.98% 22.77% 21.7%
% Age 65+ 13.15% 11.75% 11.26%
Ethnicity
1-mi. 3-mi. 5-mi.
% White (2010 US Census, Not Hispanic/Latino) 6.21% 17.71% 34.5%
% Black/African American (2010 US Census, Not Hispanic/Latino) 78.97% 55.91% 37.78%
% American Indian & Alaska Native (2010 US Census, Not Hispanic/Latino) 0.47% 0.32% 0.31%
% Asian (2010 US Census, Not Hispanic/Latino) 9.3% 21.19% 22.82%
% Native Hawaiian / Other Pacific Islander (2010 US Census, Not Hispanic/Latino) 0.17% 0.15% 0.17%
% Some other race (2010 US Census, Not Hispanic/Latino) 1.13% 1.02% 0.81%
% Two or more races (2010 US Census, Not Hispanic/Latino) 3.74% 3.7% 3.62%
% White (2010 US Census, Hispanic/Latino) 36.65% 36.99% 38.03%
% Black/African American (2010 US Census, Hispanic/Latino) 2.72% 1.94% 1.38%
% American Indian & Alaska Native (2010 US Census, Hispanic/Latino) 1.08% 1.34% 1.36%
% Asian (2010 US Census, Hispanic/Latino) 0.2% 0.25% 0.3%
% Native Hawaiian / Other Pacific Islander (2010 US Census, Hispanic/Latino) 0.1% 0.08% 0.07%
% Some other race (2010 US Census, Hispanic/Latino) 53.77% 53.89% 53.28%
% Two or more races (2010 US Census, Hispanic/Latino) 5.48% 5.52% 5.58%
% White (Current Year, Not Hispanic/Latino) 5.89% 16.67% 33.23%
% Black/African American (Current Year, Not Hispanic/Latino) 77.53% 53.85% 35.9%
% American Indian & Alaska Native (Current Year, Not Hispanic/Latino) 0.5% 0.31% 0.3%
% Asian (Current Year, Not Hispanic/Latino) 10.51% 23.77% 25.46%
% Native Hawaiian / Other Pacific Islander (Current Year, Not Hispanic/Latino) 0.17% 0.15% 0.16%
% Some other race (Current Year, Not Hispanic/Latino) 1.21% 1.05% 0.81%
% Two or more races (Current Year, Not Hispanic/Latino) 4.18% 4.2% 4.13%
% White (Current Year), Hispanic/Latino 36.52% 36.65% 37.77%
% Black/African American (Current Year, Hispanic/Latino) 2.62% 1.93% 1.4%
% American Indian & Alaska Native (Current Year, Hispanic/Latino) 1.02% 1.24% 1.28%
% Asian (Current Year, Hispanic/Latino) 0.19% 0.27% 0.31%
% Native Hawaiian / Other Pacific Islander (Current Year, Hispanic/Latino) 0.1% 0.08% 0.07%
% Some other race (Current Year, Hispanic/Latino) 54.1% 54.12% 53.32%
% Two or more races (Current Year, Hispanic/Latino) 5.45% 5.71% 5.85%
% White (Five Year Projection, Not Hispanic/Latino) 5.48% 15.82% 32.19%
% Black/African American (Five Year Projection, Not Hispanic/Latino) 76.99% 53.24% 35.31%
% American Indian & Alaska Native (Five Year Projection, Not Hispanic/Latino) 0.5% 0.31% 0.3%
% Asian (Five Year Projection, Not Hispanic/Latino) 11% 24.72% 26.57%
% Native Hawaiian / Other Pacific Islander (Five Year Projection, Not Hispanic/Latino) 0.17% 0.15% 0.16%
% Some other race (Five Year Projection, Not Hispanic/Latino) 1.2% 1.03% 0.79%
% Two or more races (Five Year Projection, Not Hispanic/Latino) 4.66% 4.72% 4.69%
% White (Five Year Projection, Hispanic/Latino) 36.14% 36.24% 37.44%
% Black/African American (Five Year Projection, Hispanic/Latino) 2.64% 1.97% 1.42%
% American Indian & Alaska Native (Five Year Projection, Hispanic/Latino) 0.97% 1.2% 1.23%
% Asian (Five Year Projection, Hispanic/Latino) 0.18% 0.26% 0.3%
% Native Hawaiian / Other Pacific Islander (Five Year Projection, Hispanic/Latino) 0.1% 0.08% 0.07%
% Some other race (Five Year Projection, Hispanic/Latino) 54.35% 54.36% 53.49%
% Two or more races (Five Year Projection, Hispanic/Latino) 5.61% 5.9% 6.05%
Housing & Households
Housing and Households
1-mi. 3-mi. 5-mi.
Land Area (Estimated Square Miles) 3.08 27.94 79.4
Total Housing Units (Current Year) 15,745 157,096 508,554
Total Households (Current Year) 15,069 149,958 484,388
Total Households (Five Year Projection) 15,337 153,135 499,194
Owner-Occupied: Owned with a mortgage or loan 4,380 33,375 88,224
Owner-Occupied: Owned free and clear 1,437 9,745 27,739
Renter-Occupied 9,253 106,838 368,426
Housing Value (Current Year)
1-mi. 3-mi. 5-mi.
Housing Value < $10,000 18 90 201
Housing Value $10,000-$14,999 8 47 179
Housing Value $15,000-$19,999 0 17 187
Housing Value $20,000-$24,999 3 61 126
Housing Value $25,000-$29,999 30 107 176
Housing Value $30,000-$34,999 98 215 343
Housing Value $35,000-$39,999 48 136 258
Housing Value $40,000-$49,999 32 185 334
Housing Value $50,000-$59,999 56 194 324
Housing Value $60,000-$69,999 23 78 242
Housing Value $70,000-$79,999 33 149 336
Housing Value $80,000-$89,999 11 184 462
Housing Value $90,000-$99,999 26 206 498
Housing Value $100,000-$124,999 73 525 1,317
Housing Value $125,000-$149,999 56 525 1,331
Housing Value $150,000-$174,999 122 655 1,879
Housing Value $175,000-$199,999 175 986 2,563
Housing Value $200,000-$249,999 323 2,155 5,543
Housing Value $250,000-$299,999 321 2,580 6,955
Housing Value $300,000-$399,999 687 4,693 12,339
Housing Value $400,000-$499,999 845 5,511 13,480
Housing Value $500,000-$749,999 1,515 10,566 25,088
Housing Value $750,000-$999,999 895 7,458 19,987
Housing Value $1,000,000 or more 418 5,795 21,812
Total Owner-occupied housing units (OOHU) 5,816 43,120 115,962
Income
1-mi. 3-mi. 5-mi.
Per Capita Income (2010 US Census, based on Total Population) $19,304 $20,392 $23,378
Per Capita Income (Current Year, based on Total Population) $23,773 $24,633 $28,930
Per Capita Income (Five Year Projection, based on Total Population) $27,771 $28,746 $33,743
Average (Mean) Household Income (Current Year) $66,561 $69,250 $77,411
Median Household Income (Current Year) $43,508 $43,618 $47,129
% Households by Income (Current Year)
1-mi. 3-mi. 5-mi.
% Household Income < $10,000 8.95% 9.94% 8.94%
% Household Income $10,000-$14,999 8.59% 8.31% 7.73%
% Household Income $15,000-$19,999 6.42% 5.96% 5.94%
% Household Income $20,000-$24,999 6.72% 6.54% 6.36%
% Household Income $25,000-$29,999 5.08% 5.35% 4.88%
% Household Income $30,000-$34,999 5.37% 5.49% 5.36%
% Household Income $35,000-$39,999 5.2% 5.01% 4.56%
% Household Income $40,000-$44,999 5.06% 4.62% 4.56%
% Household Income $45,000-$49,999 3.43% 3.84% 3.75%
% Household Income $50,000-$59,999 6.92% 6.96% 6.67%
% Household Income $60,000-$74,999 9.68% 9.82% 9.47%
% Household Income $75,000-$99,999 11.24% 9.65% 10.21%
% Household Income $100,000-$124,999 6.52% 6.28% 7.07%
% Household Income $125,000-$149,999 4.12% 3.76% 4.1%
% Household Income $150,000-$199,999 3.15% 4.06% 4.54%
% Household Income $200,000-$249,999 1.39% 1.58% 2.06%
% Household Income $250,000-$499,999 1.2% 1.82% 2.3%
% Household Income $500,000+ 0.96% 1.02% 1.5%
Education (Current Year)
Education
1-mi. 3-mi. 5-mi.
College undergraduate 2,008 32,716 76,806
Graduate or prof school 270 8,213 22,974
Educational Attainment
1-mi. 3-mi. 5-mi.
No schooling completed 899 10,293 33,490
Nursery to 4th grade 637 9,014 31,456
5th and 6th grade 2,071 22,410 66,923
7th and 8th grade 646 6,489 20,932
9th grade 737 11,769 36,066
10th grade 454 4,294 13,523
11th grade 775 6,667 19,006
12th grade, no diploma 931 8,546 23,960
High school graduate, GED 6,985 62,756 172,749
Some college, <1 year 1,347 10,070 29,661
Some college, 1+ years 5,463 44,724 126,678
Associate’s degree 1,662 16,116 48,396
Bachelor’s degree 3,767 50,353 186,576
Master’s degree 1,840 16,957 58,955
Professional school degree 220 4,505 21,089
Doctorate degree 169 2,593 10,276
Employment and Occupation
Employment and Occupation
1-mi. 3-mi. 5-mi.
Total Civilian employed population aged 16+ (2010 US Census) 16,630 181,409 571,169
Total Civilian employed population aged 16+ (Current Year) 18,026 200,227 637,282
Total Civilian employed population aged 16+ (Five Year Projection) 18,122 200,685 642,115
% Employment by Industry (2010 US Census)
1-mi. 3-mi. 5-mi.
% Armed Forces (2010 US Census) 0.76% 0.17% 0.09%
% Civilian, Employed (2010 US Census) 85.74% 85.99% 86.89%
% Civilian, Unemployed (2010 US Census) 13.49% 13.83% 13.02%
% Not in Labor Force (2010 US Census) 39.59% 35.98% 33.9%
% Armed Forces (Current Year) 0.86% 0.19% 0.09%
% Civilian, Employed (Current Year) 93.73% 94.28% 94.73%
% Civilian, Unemployed (Current Year) 5.41% 5.53% 5.18%
% Not in Labor Force (Current Year) 42.84% 39.08% 36.75%
% Armed Forces (Five Year Projection) 0.86% 0.19% 0.09%
% Civilian, Employed (Five Year Projection) 93.52% 94.06% 94.52%
% Civilian, Unemployed (Five Year Projection) 5.62% 5.75% 5.39%
% Not in Labor Force (Five Year Projection) 43.56% 39.85% 37.51%
Transportation to Work (Current Year)
1-mi. 3-mi. 5-mi.
Total Workers 16+ 18,026 200,227 637,282
Car, truck, or van 14,026 144,806 450,171
Public transport (not taxi) 2,508 33,610 112,261
Worked at home 814 9,282 33,543
Travel Time to Work (Current Year)
1-mi. 3-mi. 5-mi.
< 5 minutes 164 1,829 5,775
5-9 minutes 446 7,527 26,746
10-14 minutes 1,015 13,645 50,634
15-19 minutes 1,937 22,373 74,595
20-24 minutes 2,873 26,937 85,591
25-29 minutes 1,028 10,323 32,389
30-34 minutes 4,168 47,262 143,710
35-39 minutes 386 4,880 15,646
40-44 minutes 1,125 10,211 32,082
45-59 minutes 1,608 20,537 61,956
60-89 minutes 1,652 18,465 54,712
90+ minutes 810 6,958 19,903
Consumer Expenditures (Current Year)
Consumer Expenditures
1-mi. 3-mi. 5-mi.
Total Alcoholic beverages $8,484,623 $83,791,568 $294,298,876
Total Apparel and services $24,720,977 $242,354,136 $803,917,871
Total Cash contributions $22,447,525 $212,205,214 $743,102,534
Total Education $22,666,143 $227,292,185 $765,855,292
Total Entertainment $37,903,816 $378,447,927 $1,282,211,470
Total Food $114,066,145 $1,119,756,138 $3,724,182,848
Total Gifts $15,580,873 $157,609,842 $525,870,612
Total Healthcare $55,206,602 $520,718,298 $1,727,376,516
Total Housing $318,282,186 $3,149,616,429 $10,503,298,884
Total Miscellaneous $16,501,077 $141,892,932 $497,350,105
Total Personal care products and services $11,190,245 $111,072,194 $380,101,063
Total Personal insurance and pensions $88,020,659 $889,231,138 $3,048,843,218
Total Reading $1,318,778 $12,062,266 $41,001,398
Total Tobacco products and smoking supplies $3,279,324 $33,443,878 $112,006,657
Total Transportation $150,800,263 $1,501,185,638 $5,002,069,155
Retail Demand by Store Type
1-mi. 3-mi. 5-mi.
Total Retail Demand $627,681,095 $6,171,819,422 $20,521,813,652
Building Material & Garden Equipment & Supply Dealers $45,080,263 $423,508,018 $1,372,697,396
Clothing & Clothing Accessories Stores $28,745,388 $281,276,620 $937,660,281
Electronics and Appliance Stores $9,943,815 $98,441,249 $326,623,195
Food & Beverage Stores $85,962,452 $831,434,125 $2,727,015,639
Food Services & Drinking Places $82,529,419 $826,255,107 $2,838,909,897
Furniture & Home Furnishings Stores $11,674,822 $112,428,077 $371,071,785
Gasoline stations $57,365,825 $578,794,353 $1,911,403,295
General Merchandise Stores $77,301,133 $752,357,949 $2,476,831,742
© 2019 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 theprinciples 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 ownedby Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. Each sales representative and broker is responsible for complying with any consumer disclosure laws or regulations.2016/2017 Demographics provided by Experian through Alteryx
General Merchandise, Apparel and Accessories, Furniture andOther Sales $138,124,607 $1,348,503,881 $4,462,794,216
Health & Personal Care Stores $34,002,701 $323,669,434 $1,064,834,712
Miscellaneous Store Retailers $13,050,160 $125,958,735 $419,240,022
Motor Vehicle & Parts Dealers $108,293,424 $1,099,326,802 $3,694,336,194
Nonstore retailers $66,312,420 $643,506,292 $2,126,948,433
Sporting Goods, Hobby, Musical Instrument, and Book Stores $7,419,273 $74,862,663 $254,241,062
Business Summary by SIC
1-mi. 3-mi. 5-mi.
Agriculture, Forestry, & Fishing (01-09) 7 90 398
Construction (15-17) 51 629 2,044
Finance, Insurance, & Real Estate (60-69) 81 1,274 6,431
Manufacturing (20-39) 40 477 2,497
Mining (10-14) 0 3 29
Public Administration (90-98) 5 76 372
Retail Trade (52-59) 217 2,605 12,829
Services (70-89) 494 7,623 36,117
Transportation, Communications, Electric, Gas, & Sanitary Services (40-49) 39 579 2,483
Wholesale Trade (50-51) 47 596 4,226
CB
CW
OR
LDW
IDE.
CO
M
NRT
ADVISOR BIOSSECTION 6
OFFICE
Brian MallaschCommercial Agent818 851 [email protected] #01748272
©2020 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker Commercial logos aretrademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company ownedoffices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which areindependently owned and operated. The Coldwell Banker System fully supports the principles of the EqualOpportunity Act.
COLDWELL BANKER COMMERCIALNRT23647 Calabasas Rd, Calabasas, CA 91302818.222.0023
FO
R S
AL
E
CBCWORLDWIDE.COM
Brian MallaschCommercial Agent818 851 [email protected] #01748272 NRT 036
CalDRE #01748272
BRIAN MALLASCH
Commercial Agent
[email protected]: 818.851.0489
PROFESSIONAL BACKGROUND
A San Fernando Valley native, Brian is experienced in Landlord Representation, Tenant Representation, Investment and End User sales.During the span of Brian’s career, he has been involved in many aspects of Commercial Real Estate with a focus on Multifamily,Industrial, Retail and Office properties. Always achieving top honors in his Commercial Real Estate business, Brian's principles andknowledge consistently provide his clients with the most successful opportunities possible.
With extensive experience in business development and an unparalleled track record dealing with national companies, Brian deliversresults through his adept ability to bridge a seller with a buyer. Brian’s effective communication, follow through and productunderstanding provides a higher level of service which produces a positive outcome for his clients. Able to seek out and identifyprofitable opportunities, Brian has handled over 1,500 Real Estate related transactions during his tenure. Year after year, Briancontinues to be a vital part of the team.
Chair - Canoga Park Land Use CommitteeBoard Member - Canoga Park Neighborhood CouncilChair - Small Business Outreach Bob Blumenfield's Office Council District 3Board Member - United Chamber of Commerce
Coldwell Banker Commercial NRT23647 Calabasas RdCalabasas, CA 91302
818.222.0023
SA
LE
3318 W Jefferson Blvd., Los Angeles, CA 90018
PRIME MID-CITY LOCATION