elm avenue - loopnet · company bre #01330395 elm avenue long beach, ca 456 becy blair, ccim...

ELM AVENUEL o n g b e a c h , c a

for sale

456

For more information contact:

Coldwell banker commercial CBC Blair Westmac333 West Broadway, Ste. 312Long Beach, CA 90802Company BRE #01330395www.cbcblair.com

becky blairPresident & PrincipalT: 562.301.4515 | O: 562.495-6070BRE #[email protected]

ELM AVENUEL o n g B e a c h , c a

TABLE OF CONTENTS

01PROPERTY HIGHLIGHTS

02AERIAL MAP WITH HIGHLIGHTS

03NEARBY AMENITIES AND DEMOGRAPHICS

for sale

456

© 2018 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. The information above is from sources we believe to be reliable. We have not verified its accuracy and make no guarantee about it. You and your tax and legal advisors should conduct your own investigation of the property and transaction.



ELM AVENUEL o n g B e a c h , C A

456 BECKY BLAIR, CCIMPresident & PrincipalT: 562-301-4515 | O: 562.495-6070BRE #[email protected]

Coldwell Banker Commercial Blair Westmac is pleased to present the opportunity to acquire 456 Elm Avenue in the City of Long Beach, CA. This three

story building with basement area is located on the South East corner of Elm Avenue and 5th Street, in the heart of the trendy East Village area of Long

Beach. The building improvements are approximately 25,129 SF on approximately 7,500 SF of land.

The immediate neighborhood area is comprised of traditional single family homes, apartments and new mixed-use (residential/retail) communities.

The East Village area offers numerous dining options and retail stores to satisfy shopping needs for local residents and visitors. The East Village is a

walkable area near all of the downtown services and business district activity.

BUILDING DESCRIPTION

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Price: Year Built: RSF: Price/RSF: Lot Size: Floors: APN: Zoning:

456 Elm Avenue Long Beach, CA 90802Call for details1942 / 194725,129 SF$183/SF7,506 SF3 plus basement 7281-007-042 LBPD30

PROPERTY DESCRIPTION

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• Surrounded by thriving Dining

and Entertainment venues;

• 2,500 New Residential

Units Completed or Under

Construction

• East Village Area

HIGHLIGHTS






Demographic and Income Profile456 Elm Ave, Long Beach, California, 90802 Prepared by EsriRing: 1 mile radius Latitude: 33.77274

Longitude: -118.18762

Summary Census 2010 2019 2024Population 71,137 75,022 77,703Households 27,861 29,381 30,613Families 13,146 13,814 14,301Average Household Size 2.48 2.48 2.47Owner Occupied Housing Units 5,180 5,130 5,313Renter Occupied Housing Units 22,681 24,251 25,300Median Age 31.5 33.0 33.7

Trends: 2019 - 2024 Annual Rate Area State NationalPopulation 0.70% 0.67% 0.77%Households 0.82% 0.62% 0.75%Families 0.70% 0.62% 0.68%Owner HHs 0.70% 0.79% 0.92%Median Household Income 4.34% 2.99% 2.70%

2019 2024 Households by Income Number Percent Number Percent

<$15,000 5,227 17.8% 4,247 13.9%$15,000 - $24,999 3,587 12.2% 2,888 9.4%$25,000 - $34,999 3,192 10.9% 2,999 9.8%$35,000 - $49,999 4,043 13.8% 3,961 12.9%$50,000 - $74,999 4,933 16.8% 5,202 17.0%$75,000 - $99,999 3,028 10.3% 3,668 12.0%$100,000 - $149,999 2,968 10.1% 3,997 13.1%$150,000 - $199,999 1,247 4.2% 1,896 6.2%$200,000+ 1,155 3.9% 1,755 5.7%

Median Household Income $43,873 $54,254Average Household Income $64,569 $80,141Per Capita Income $25,397 $31,683

Census 2010 2019 2024 Population by Age Number Percent Number Percent Number Percent

0 - 4 5,307 7.5% 5,296 7.1% 5,510 7.1%5 - 9 4,634 6.5% 4,763 6.3% 4,844 6.2%10 - 14 4,642 6.5% 4,306 5.7% 4,341 5.6%15 - 19 5,103 7.2% 4,541 6.1% 4,181 5.4%20 - 24 6,340 8.9% 6,611 8.8% 6,348 8.2%25 - 34 14,184 19.9% 14,638 19.5% 15,552 20.0%35 - 44 10,913 15.3% 11,034 14.7% 11,546 14.9%45 - 54 9,077 12.8% 9,380 12.5% 9,463 12.2%55 - 64 5,920 8.3% 7,459 9.9% 7,851 10.1%65 - 74 2,969 4.2% 4,406 5.9% 4,943 6.4%75 - 84 1,483 2.1% 1,937 2.6% 2,424 3.1%

85+ 566 0.8% 650 0.9% 699 0.9%Census 2010 2019 2024

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 29,052 40.8% 29,710 39.6% 30,658 39.5%Black Alone 11,259 15.8% 11,143 14.9% 11,103 14.3%American Indian Alone 704 1.0% 707 0.9% 714 0.9%Asian Alone 6,743 9.5% 7,878 10.5% 8,675 11.2%Pacific Islander Alone 502 0.7% 529 0.7% 541 0.7%Some Other Race Alone 19,104 26.9% 20,725 27.6% 21,387 27.5%Two or More Races 3,774 5.3% 4,331 5.8% 4,625 6.0%

Hispanic Origin (Any Race) 37,023 52.0% 40,085 53.4% 41,973 54.0%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024.

August 07, 2019

©2019 Esri Page 1 of 6

DEMOGRAPHICS

456 Elm Avenue, Long Beach, CA

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LOCAL TRADE MAP

SUBJECTPROPERTY

The Pike OUtlet

ELM AVEN

UE

5TH STREET

710

03NEARBY AMENITIES AND DEMOGRAPHICS

NEW CIty HallComplex

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