545 W 36TH STREETA MARCUS & MILLICHAP INVESTMENT OPPORTUNITYL O S A N G E L E S | C A

L o c a t e d i n t h e h i g h l y s o u g h t a f t e r P t . F e r m i n s u b m a r k e t o f S a n P e d r o

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DisclaimerTHIS IS A BROKER PRICE OPINION OR COMPARATIVEMARKET ANALYSIS OF VALUE AND SHOULD NOT BECONSIDERED AN APPRAISAL. This information has beensecured from sources we believe to be reliable, but we makeno representations or warranties, express or implied, as tothe accuracy of the information. References to squarefootage or age are approximate. Buyer must verify theinformation and bears all risk for any inaccuracies. Marcus &Millichap is a service mark of Marcus & Millichap Real EstateInvestment Services, Inc. © 2018 Marcus & Millichap. Allrights reserved.

ACT ID ZAB0130077

545 W 36TH STREETL O S A N G E L E S , C A

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INVESTMENT OVERVIEW

FINANCIAL ANALYSIS

MARKET OVERVIEW

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INVESTMENT OVERVIEWA very spacious 4 unit with vast views of the LA Basin and

Harbor. The subject property is ideally-located in the highly

sought after Pt. Fermin submarket of San Pedro - known for its

genteel, lifestyle and beautiful Pt. Fermin park, situated 200 feet

above the crashing waves of the Pacific.

The building has a massive 1K sq. ft 2 Bed/2 Bath unit on the

top floor with a 300 sq. ft deck offering wonderful views and

premium, market rent always. All units have washer/dryer

hookups. 3 of the 4 units delivered vacant and ready to be made

"market rent ready" - an excellent, immediate hedge against rent

control's constraints.

Seller may carry a 70% +/- note at a competitive 5% interest-

only rate for 3-5 years – possibly longer. To be considered on

an offer-by-offer basis.

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FINANCIALANALYSIS

FINANCIAL ANALYSIS

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RENT ROLL DETAIL

545, 547, and 549 will be delivered vacant at closing. Immediate market rent opportunity.

FINANCIAL ANALYSIS

545 W 36TH ST

OPERATING STATEMENT

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FINANCIAL ANALYSIS

545 W 36TH ST

NOTES

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FINANCIAL ANALYSIS

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PRICING DETAIL

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San Pedro is one of the most historic and

picturesque regions in Los Angeles. San Pedro is a

unique blend of small-town charm, superb cultural

attractions, eclectic shopping, and a world class

cruise center.

The property is located within the close proximity to

The Los Angeles Port, home to the World Cruise

Center: the busiest passenger port-of-call on the

West Coast, with most major cruise lines offering

vacation cruises to Baja California, the Mexican

Riviera, Hawaii, Alaska, the Panama Canal and

other destinations. The city includes a diverse set of

tasteful restaurants and a buzzing nightlife.

The 42-acre San Pedro Public Market (pictured on

the left) is currently in development and will break

ground in spring of 2020, with the property being a

short distance away.

SAN PEDRO

SOUTH BAY - LONG BEACHThe South Bay-Long Beach area of southwestern Los Angeles County contains 21 miles ofcoastline between Long Beach and El Segundo and includes Los Angeles InternationalAirport, the Port of Los Angeles and the Port of Long Beach. The region boasts apopulation of approximately 1.3 million and is projected to add roughly 9,700 residentsthrough 2023. High home values allow just half of households to afford to own their home,generating a large rental market.

PORT ACTIVITYThe ports of Los Angeles and Long Beach are the two busiest ports in the nation, underpinning employment in the trade, transportation and utilities sector.

EDUCATED LABOR POOLHigh educational attainment supports hiring in the business services and healthcare sectors. Roughly 37 percent of residents age 25 and older hold a bachelor’s degree.

STRATEGIC LOCATIONLos Angeles International Airport and two port facilities provide an ideal location for e-commerce and logistics companies..

METRO HIGHLIGHTS

ECONOMY The area’s economy historically relied on the aerospace industry and defense-

related technologies, including companies such as Boeing, Honeywell Aerospace and Raytheon.

Widespread diversification in recent years has produced a large contingent of professional and business services firms and corporate headquarters. Significant operations are held by American Honda Motor Co., BP, and Mattel.

A growing population base and public healthcare have supported gains in the education and healthcare sector thanks to both public and private employers.

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DEMOGRAPHICS

1.3M2018

POPULATION:

487K2018

HOUSEHOLDS:

38.32018

MEDIAN AGE:

$74,9002018 MEDIAN

HOUSEHOLD INCOME:

U.S. Median:38.0

U.S. Median:$58,8001.9%

Growth2018-2023*:0.7%

Growth2018-2023*:

PROPERTY NAME

MARKETING TEAM

545 W 36TH ST

DEMOGRAPHICS

Source: © 2019 Experian

Created on February 2020

POPULATION 1 Miles 3 Miles 5 Miles 2023 Projection

Total Population 13,847 77,635 121,301 2018 Estimate

Total Population 13,809 77,054 120,277 2010 Census

Total Population 13,353 74,051 115,733 2000 Census

Total Population 13,630 73,830 115,019 Daytime Population

2018 Estimate 6,814 116,093 153,582HOUSEHOLDS 1 Miles 3 Miles 5 Miles 2023 Projection

Total Households 6,056 29,561 44,900 2018 Estimate

Total Households 6,023 29,047 44,062Average (Mean) Household Size 2.30 2.56 2.67

2010 CensusTotal Households 5,770 27,694 41,982

2000 CensusTotal Households 5,922 27,364 41,436

Growth 2015-2020 0.55% 1.77% 1.90%HOUSING UNITS 1 Miles 3 Miles 5 Miles Occupied Units

2023 Projection 6,056 29,561 44,9002018 Estimate 6,349 30,280 45,721Owner Occupied 2,115 11,468 21,241Renter Occupied 3,908 17,579 22,822Vacant 325 1,233 1,658

Persons In Units2018 Estimate Total Occupied Units 6,023 29,047 44,0621 Person Units 34.29% 29.79% 26.89%2 Person Units 31.94% 29.91% 30.21%3 Person Units 15.14% 15.76% 15.81%4 Person Units 11.34% 12.94% 13.96%5 Person Units 4.67% 6.41% 7.20%6+ Person Units 2.62% 5.18% 5.93%

HOUSEHOLDS BY INCOME 1 Miles 3 Miles 5 Miles 2018 Estimate

$200,000 or More 7.88% 6.75% 10.21%$150,000 - $199,000 5.70% 6.67% 8.20%$100,000 - $149,000 17.29% 15.26% 15.73%$75,000 - $99,999 15.20% 12.09% 11.62%$50,000 - $74,999 19.51% 16.19% 15.02%$35,000 - $49,999 10.41% 10.81% 10.28%$25,000 - $34,999 8.20% 9.30% 8.73%$15,000 - $24,999 8.97% 11.05% 9.92%Under $15,000 6.83% 11.91% 10.28%

Average Household Income $96,906 $88,878 $105,057Median Household Income $69,732 $59,994 $67,339Per Capita Income $42,402 $34,067 $38,913POPULATION PROFILE 1 Miles 3 Miles 5 Miles Population By Age

2018 Estimate Total Population 13,809 77,054 120,277Under 20 22.66% 24.46% 24.85%20 to 34 Years 19.71% 20.04% 18.99%35 to 39 Years 7.10% 6.65% 6.23%40 to 49 Years 14.29% 13.90% 13.51%50 to 64 Years 22.24% 20.26% 20.24%Age 65+ 14.02% 14.68% 16.17%Median Age 40.40 39.12 39.93

Population 25+ by Education Level2018 Estimate Population Age 25+ 9,944 53,477 83,032Elementary (0-8) 3.28% 8.26% 8.65%Some High School (9-11) 8.56% 10.20% 9.15%High School Graduate (12) 19.36% 22.81% 20.68%Some College (13-15) 27.72% 23.22% 21.41%Associate Degree Only 8.22% 8.58% 8.45%Bachelors Degree Only 20.20% 16.56% 18.25%Graduate Degree 11.76% 8.39% 11.34%

Population by Gender2018 Estimate Total Population 13,809 77,054 120,277Male Population 49.78% 49.54% 49.26%Female Population 50.22% 50.46% 50.74%

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IncomeIn 2019, the median household income for your selected geography is$69,732, compare this to the US average which is currently $58,754.The median household income for your area has changed by 52.24%since 2000. It is estimated that the median household income in yourarea will be $82,204 five years from now, which represents a changeof 17.89% from the current year.

The current year per capita income in your area is $42,402, comparethis to the US average, which is $32,356. The current year averagehousehold income in your area is $96,906, compare this to the USaverage which is $84,609.

PopulationIn 2019, the population in your selected geography is 13,809. Thepopulation has changed by 1.31% since 2000. It is estimated that thepopulation in your area will be 13,847.00 five years from now, whichrepresents a change of 0.28% from the current year. The currentpopulation is 49.78% male and 50.22% female. The median age of thepopulation in your area is 40.40, compare this to the US averagewhich is 37.95. The population density in your area is 4,395.17 peopleper square mile.

HouseholdsThere are currently 6,023 households in your selected geography. Thenumber of households has changed by 1.71% since 2000. It isestimated that the number of households in your area will be 6,056five years from now, which represents a change of 0.55% from thecurrent year. The average household size in your area is 2.30persons.

EmploymentIn 2019, there are 1,980 employees in your selected area, this is alsoknown as the daytime population. The 2000 Census revealed that65.44% of employees are employed in white-collar occupations in thisgeography, and 36.15% are employed in blue-collar occupations. In2019, unemployment in this area is 4.18%. In 2000, the average timetraveled to work was 33.00 minutes.

Race and EthnicityThe current year racial makeup of your selected area is as follows:64.67% White, 6.89% Black, 0.49% Native American and 5.23%Asian/Pacific Islander. Compare these to US averages which are:70.20% White, 12.89% Black, 0.19% Native American and 5.59%Asian/Pacific Islander. People of Hispanic origin are countedindependently of race.

People of Hispanic origin make up 37.82% of the current yearpopulation in your selected area. Compare this to the US average of18.01%.

PROPERTY NAME

MARKETING TEAM

545 W 36TH ST

HousingThe median housing value in your area was $578,780 in 2019,compare this to the US average of $201,842. In 2000, there were2,041 owner occupied housing units in your area and there were 3,881renter occupied housing units in your area. The median rent at thetime was $712.

Source: © 2019 Experian

DEMOGRAPHICS

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