OFFERS DUE: TUESDAY 11/14/2017 1545-1551 SANTA FE AVE 1565 SANTA FE AVE PROPERTY FEATURES W 20TH ST AVAILABLE: PRICE: 13,764 SF Land $619,380.00 ($45 PSF) APN: 7432-005-900; 901; 903; 904 ZONING: LBIG ** BACK ON THE MARKET ** Former Long Beach Redevelopment Parcels Two Non-Contiguous Parcels Fronting Santa Fe Ave 103 TECHNOLOGY PL JUDSON AVE W COWLES ST W ANAHEIM ST PACIFIC COAST HWY COTA AVE SANTA FE AVE SANTA FE AVE CANAL AVE HARBOR AVE W COWLES ST W ANAHEIM ST 710 710 West Side of Long Beach Industrial Area Minutes Away From 103 and 710 Freeways PIER B ST W 9TH ST
SANTA FE AVE SANTA FE AVE 1545-1565 SANTA FE AVE CANAL AVE COTA AVE W GAYLORD ST
Radius 1 Mile 3 Mile 5 Mile Population 2022 Projection 11,912 231,793 497,409 2017 Estimate 11,547 225,332 484,213 2010 Census 10,913 216,248 468,224 Growth 2017-2022 3.16% 2.87% 2.73% Growth 2010-2017 5.81% 4.20% 3.41% 2017 Population by Hispanic Origin 6,407 127,949 240,968 2017 Population 11,547 225,332 484,213 White 6,835 59.19% 142,191 63.10% 303,309 62.64% Black 1,584 13.72% 32,553 14.45% 66,343 13.70% Am. Indian & Alaskan 144 1.25% 4,336 1.92% 8,107 1.67% Asian 2,431 21.05% 35,838 15.90% 82,159 16.97% Hawaiian & Pacific Island 175 1.52% 3,154 1.40% 7,302 1.51% Other 377 3.26% 7,259 3.22% 16,993 3.51% U.S. Armed Forces 31 196 296 Households 2022 Projection 3,159 74,634 166,477 2017 Estimate 3,044 72,470 162,024 2010 Census 2,787 69,179 156,638 Growth 2017-2022 3.78% 2.99% 2.75% Growth 2010-2017 9.22% 4.76% 3.44% Owner Occupied 1,121 36.83% 20,757 28.64% 62,068 38.31% Renter Occupied 1,923 63.17% 51,713 71.36% 99,957 61.69% 2017 Households by HH Income 3,045 72,472 162,024 Income: <$25,000 965 31.69% 21,530 29.71% 39,285 24.25% Income: $25,000 - $50,000 841 27.62% 18,785 25.92% 38,277 23.62% Income: $50,000 - $75,000 471 15.47% 12,192 16.82% 27,711 17.10% Income: $75,000 - $100,000 296 9.72% 7,396 10.21% 20,069 12.39% Income: $100,000 - $125,000 182 5.98% 4,952 6.83% 13,531 8.35% Income: $125,000 - $150,000 84 2.76% 2,771 3.82% 8,191 5.06% Income: $150,000 - $200,000 104 3.42% 2,620 3.62% 8,112 5.01% Income: $200,000+ 102 3.35% 2,226 3.07% 6,848 4.23% 2017 Avg Household Income $59,569 $61,875 $71,938 2017 Med Household Income $39,488 $43,538 $52,846
OFFER SUBMITTAL REQUIREMENTS For the properties located at: Listing Brokers: 13,764 SF (562) 354-2516 1545 1565 Santa Fe Ave and 1565 Santa Fe (562) 354-2510 Ryan Endres (562) 354 2527 General Offer Submittal Requirements: 1. Purchase and Sale Agreement Standard AIR Format with Seller Addendum 2. Title Company Escrow Company North American Title International City Escrow Randy Dean Patreece Coburn 3. Use Please submit Buyers planned use of the property Or, if a developer, the general type of building they plan to build and what uses that building will serve 4. Offer Submittal Deadline: November 14, 2017 5. Offer Pricing Counter Offers will not be issued so please submit your best price as it will either be accepted or declined. 6. Due Diligence Environmental reports are available upon request. All other due diligence to be performed by buyer at buyers expense. 7. Commission to buyers agent: 3% of the first $500,000 in consideration; plus 2.5% of the balance of the sales price