the CATALINA...Demographic and Income Profile 443 S San Pedro St, Los Angeles, California, 90013 2...

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THE INFORMATION PROVIDED HEREIN IS FROM SOURCES WE BELIEVE ARE RELIABLE. WHILE WE DO NOT DOUBT ITS ACCURACY, WE HAVE NOT VERIFIED IT AND MAKE NO REPRESENTATIONS, GUARANTEES OR WARRANTIES ABOUT IT. PROPERTY SUMMARY FLOORPLAN UP 1 A300 1 A302 1 A303 SAN PEDRO ST. 2-HR (E) STAIR #1 N1, TYP. N1,' TYP. N1, TYP. FDC 104A 101A 101B 102B 102A SF-1 SF-1 SF-2 SF-3 SF-4 SF-1 SF-5 SF-1 SF-1 SF-2 SF-2 SF-2 SF-3 SF-4 SF-3 SF-4 SF-2 SF-2 SF-2 SF-3 SF-4 SF-2 4 ' - 0 " 4 ' - 0 " 4 ' - 0 " A961 9 91' - 8" (E) LOADING BAY A720 1 13,691 SQ FT Property Type Address Leasable Space Building Size Residential Units Frontage Elevators Year Built Mixed Use | Apartment over Retail 443 S San Pedro St, Los Angeles, 90013 13,691 SF 92,538 Sq Ft 56 162 Ft on S San Pedro St 2 (1 Passenger/1 Freight 1923 CATALINA LITTLE TOKYO DOWNTOWN LA the

Transcript of the CATALINA...Demographic and Income Profile 443 S San Pedro St, Los Angeles, California, 90013 2...

Page 1: the CATALINA...Demographic and Income Profile 443 S San Pedro St, Los Angeles, California, 90013 2 Prepared by Esri 443 S San Pedro St, Los Angeles, California, 90013 Latitude: 34.04469

THE INFORMATION PROVIDED HEREIN IS FROM SOURCES WE BELIEVE ARE RELIABLE. WHILE WE DO NOT DOUBT ITS ACCURACY, WE HAVE NOT VERIFIED IT AND MAKE NO REPRESENTATIONS, GUARANTEES OR WARRANTIES ABOUT IT.

PROPERTY SUMMARY

FLOORPLAN

UP

10 9 8 7 6 5 4 3 1

F

E

D

C

B

A

2

1A300

1A301

1A302

1A303

(E) ±

102

' - 0

" V.I.

F.(E

) ± 2

0' -

0" V

.I.F.

(E) ±

20'

- 0"

V.I.

F.(E

) ± 2

0' -

0" V

.I.F.

(E) ±

20'

- 0"

V.I.

F.(E

) ± 2

2' -

0" V

.I.F.

(E) ± 160' - 0" V.I.F.(E) ± 16' - 10" V.I.F. (E) ± 18' - 0" V.I.F. (E) ± 18' - 0" V.I.F. (E) ± 18' - 2" V.I.F. (E) ± 18' - 0" V.I.F. (E) ± 18' - 0" V.I.F. (E) ± 18' - 0" V.I.F. (E) ± 18' - 5 1/2" V.I.F. (E) ± 16' - 6 1/2" V.I.F.

SAN PEDRO ST.

WIN

STO

N S

T.

2-HR

(E) STAIR #1

N1, TYP.

N1,' TYP.

N1, TYP.

FDC

104A

101A

101B

102B10

2A

SF-1

SF-1SF-2SF-3SF-4

SF-1SF-5

SF-1SF-1

SF-2

SF-2SF-2

SF-3SF-4

SF-3SF-4 SF-2SF-2

SF-2SF-3SF-4SF-2

4' -

0"

4' -

0"

4' -

0"

A9619

91' -

8"

(E) LOADING BAY

A7201

13,691 SQ FT

Property Type

Address

Leasable Space

Building Size

Residential Units

Frontage

Elevators

Year Built

Mixed Use | Apartment over Retail

443 S San Pedro St, Los Angeles, 90013

13,691 SF

92,538 Sq Ft

56

162 Ft on S San Pedro St

2 (1 Passenger/1 Freight

1923

CATALINALITTLE TOKYO DOWNTOWN LA

the

Page 2: the CATALINA...Demographic and Income Profile 443 S San Pedro St, Los Angeles, California, 90013 2 Prepared by Esri 443 S San Pedro St, Los Angeles, California, 90013 Latitude: 34.04469

• Located in the Little Tokyo Neighborhood of Downtown Los Angeles

• Great Public Transportation via Metro Gold Line

• Lots with Two Street Frontage: 162 ft on S San Pedro St & 175 ft on Winston St

• Concrete & Steel Construction (Brick Facade) - Up to 16’ Ceilings

• Rooftop Deck with Sweeping 360 Degree Views of Los Angeles

• Property Includes Attached Parking Lot Along Winston St

• Located in Downtown Adaptive Reuse Incentive Area

• 2 Elevators On-Site: Freight & Pedestrian

• Designed by celebrated Los Angeles Architect William Douglas Lee

CATALINALITTLE TOKYO DOWNTOWN LA

the

POTENTIAL SIGNAGE

Page 3: the CATALINA...Demographic and Income Profile 443 S San Pedro St, Los Angeles, California, 90013 2 Prepared by Esri 443 S San Pedro St, Los Angeles, California, 90013 Latitude: 34.04469

near Central City East — Los Angeles

1 of 1

0 0.125 0.25 0.375 miles

LITTLE TOKYO PHARAMACY

LITTLETOKYO

ARTS DISTRICT

CATALINALITTLE TOKYO DOWNTOWN LA

the

DOWNTOWN LA

BOOMTOWN BREWERY

ANGEL CITYBREWERY

ARTS DISTRICTBREWING COMPANY

MUMFORDBREWING

BLUE BOTTLE COFFEE

CENTRAL CITY EAST

FASHIONDISTRICT

CENTRAL INDUSTRIAL

DISTRICT

JEWELRYDISTRICT

FINANCIALDISTRICT

SOUTH PARK

KARL STRAUSSBREWING

BONAVENTUREBREWING

CIVIC CENTER

98WALKER’S PARADISE

Daily errands do not require a car

RIDER’S PARADISEWorld-class public

transportation

VERY BIKEABLEFlat as a pancake, good

bike lanes

100 76

FOOT TRAFFIC AND TRANSPORTATIONnear the Catalina

BUNKER HILL

HISTORIC CORE

BLUE BOTTLE COFFEE

IRON TRIANGLEBREWING

Page 4: the CATALINA...Demographic and Income Profile 443 S San Pedro St, Los Angeles, California, 90013 2 Prepared by Esri 443 S San Pedro St, Los Angeles, California, 90013 Latitude: 34.04469

near Aliso Village — Los Angeles

1 of 1

0 100 200 300 m

near Central City East — Los Angeles

1 of 1

0 100 200 300 m

DENSITY

CATALINALITTLE TOKYO DOWNTOWN LA

the

DENSITY

7,506 Uni ts45 Propert ies

50

150

115

280

270

100

99

108

104

53994

300

196

500

96

101106

69

314

298

89

96

264

72

230

70

132

55382

303

100

55

159

80

102Condos

12

56

Condos200

Condo206

Condo65

Condo258

Condo141

Condo33

43

Page 5: the CATALINA...Demographic and Income Profile 443 S San Pedro St, Los Angeles, California, 90013 2 Prepared by Esri 443 S San Pedro St, Los Angeles, California, 90013 Latitude: 34.04469

92.7%Apartment occupancy rate

Source: Downtown Center Business Improvement Disctrict Market Report 2018 Q1

https://www.downtownla.com/images/reports/BID.MarketReport2018.Q1.v5OPT.pdf

4.3%Retail Vacancy Rate

$2.95 Apartment Asking Rent Per

Square Foot

1.35 Million Sq Ft of Retail Space Under

Construction

1,000+ New Restaurants, Bars, Retail, Nightlife, and Amenities from 2008-2017

3,000+ ResidentialUnits Existing within a

3-Block radius

98/100 Walk ScoreWalker’s Paradise

800KSq Ft YTD Total Office

Lease Activity

DTLA ECONOMIC DEVELOPMENTFirst Quarter, 2018

WIN

STON

ST

4TH STREET

5TH ST

REET

WALL STREET

LOS ANGELES STREET

MAIN STREET

PERSHING SQUARE

WALT DISNEYCONCERT

HALL

CATALINALITTLE TOKYO DOWNTOWN LA

the

100/100 Transit Score

Page 6: the CATALINA...Demographic and Income Profile 443 S San Pedro St, Los Angeles, California, 90013 2 Prepared by Esri 443 S San Pedro St, Los Angeles, California, 90013 Latitude: 34.04469

Demographic and Income Profile443 S San Pedro St, Los Angeles, California, 90013 2 Prepared by Esri443 S San Pedro St, Los Angeles, California, 90013 Latitude: 34.04469Ring: 1 mile radius Longitude: -118.24366

Summary Census 2010 2018 2023Population 32,488 43,540 52,256Households 17,445 24,300 29,521Families 2,935 4,502 5,781Average Household Size 1.36 1.45 1.49Owner Occupied Housing Units 1,824 2,881 3,074Renter Occupied Housing Units 15,621 21,419 26,447Median Age 41.9 42.1 42.1

Trends: 2018 - 2023 Annual Rate Area State NationalPopulation 3.72% 0.82% 0.83%Households 3.97% 0.76% 0.79%Families 5.13% 0.76% 0.71%Owner HHs 1.31% 1.73% 1.16%Median Household Income 8.45% 3.25% 2.50%

2018 2023 Households by Income Number Percent Number Percent

<$15,000 9,220 37.9% 9,463 32.1%$15,000 - $24,999 2,529 10.4% 2,795 9.5%$25,000 - $34,999 1,462 6.0% 1,591 5.4%$35,000 - $49,999 1,780 7.3% 1,992 6.7%$50,000 - $74,999 2,414 9.9% 3,283 11.1%$75,000 - $99,999 1,792 7.4% 2,548 8.6%$100,000 - $149,999 2,757 11.3% 3,900 13.2%$150,000 - $199,999 1,043 4.3% 1,580 5.4%$200,000+ 1,303 5.4% 2,369 8.0%

Median Household Income $27,306 $40,959Average Household Income $60,640 $77,227Per Capita Income $35,946 $45,320

Census 2010 2018 2023 Population by Age Number Percent Number Percent Number Percent

0 - 4 526 1.6% 926 2.1% 1,238 2.4%5 - 9 364 1.1% 765 1.8% 937 1.8%10 - 14 381 1.2% 690 1.6% 866 1.7%15 - 19 733 2.3% 952 2.2% 1,105 2.1%20 - 24 2,437 7.5% 2,759 6.3% 3,277 6.3%25 - 34 7,753 23.9% 10,162 23.3% 12,151 23.3%35 - 44 5,742 17.7% 7,518 17.3% 8,986 17.2%45 - 54 5,650 17.4% 6,827 15.7% 7,563 14.5%55 - 64 4,252 13.1% 5,798 13.3% 6,600 12.6%65 - 74 2,146 6.6% 3,617 8.3% 4,803 9.2%75 - 84 1,770 5.4% 2,392 5.5% 3,358 6.4%

85+ 736 2.3% 1,133 2.6% 1,372 2.6%Census 2010 2018 2023

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 12,145 37.4% 15,794 36.3% 18,599 35.6%Black Alone 8,213 25.3% 9,435 21.7% 10,170 19.5%American Indian Alone 370 1.1% 432 1.0% 472 0.9%Asian Alone 7,193 22.1% 10,972 25.2% 14,223 27.2%Pacific Islander Alone 48 0.1% 67 0.2% 83 0.2%Some Other Race Alone 3,132 9.6% 4,695 10.8% 6,000 11.5%Two or More Races 1,387 4.3% 2,145 4.9% 2,709 5.2%

Hispanic Origin (Any Race) 7,452 22.9% 10,943 25.1% 14,065 26.9%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2018 and 2023.

August 13, 2018

©2018 Esri Page 1 of 2

KEY FACTS

43,540Population

42.1

Median Age

1.4

AverageHousehold Size

$27,306Median Household

Income

EDUCATION

18%

No HighSchool

Diploma 15%High School

Graduate

22%Some College 45%

Bachelor's/Grad/ProfDegree

BUSINESS

12,916Total Businesses

159,649Total Employees

EMPLOYMENT

76%White Collar

11%Blue Collar

13%Services

5.6%

UnemploymentRate

INCOME

$27,306Median Household

Income

$35,946Per Capita Income

$11,247Median Net Worth

Households By IncomeThe largest group: <$15,000 (37.9%)

The smallest group: $150,000 - $199,999 (4.3%)DifferenceIndicator Value

<$15,000

$15,000 - $24,999

$25,000 - $34,999

$50,000 - $74,999

$35,000 - $49,999

$100,000 - $149,999

$75,000 - $99,999

$200,000+

$150,000 - $199,999

37.9%

6.0%

10.4%

9.9%

7.3%

11.3%

7.4%

4.3%

5.4%

+26.9%

+1.2%

-2.3%

-6.6%

-4.3%

-3.6%

-4.3%

-4.2%

-2.9%

Bars show deviation from

Los Angeles County

The Downtown Los Angeles market had another record-breaking year for apartment development, according to the latest quarterly report from the Downtown Central Improvement District. In 2017, the downtown market had 2,831 units deliver in a total of 11 projects and a pipeline of nearly 10,000 more units under construction and 30,000 proposed units.

Projections are strong for apartments with projects like Metropolis, Oceanwide Plaza, Park Fifth and 88 Hope, development is also spreading into other asset classes. The Ford Factory is preparing to welcome Warner Music Group to the Arts District; Broadway Trade Center will soon introduce 1 million square feet of creative office, hospitality and retail space to the Historic Core; La Plaza Cultura Village is rising in El Pueblo, and the Capitol Milling Building is being transformed in Chinatown. Also of particular interest is the recent announcement that the long awaited next phase of Related’s Grand Avenue Project will break ground across from Disney Hall later this year, bringing signature hospitality, residential, and retail to Bunker Hill and the Civic Center.

LOCATION & PROJECTED GROWTH

THE INFORMATION PROVIDED HEREIN IS FROM SOURCES WE BELIEVE ARE RELIABLE. WHILE WE DO NOT DOUBT ITS ACCURACY, WE HAVE NOT VERIFIED IT AND MAKE NO REPRESENTATIONS, GUARANTEES OR WARRANTIES ABOUT IT.

* Source: ESRI, US Census Bureau, Census 2010 Summary

DEMOGRAPHICS

DEMOGRAPHICS & INCOME