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RENTAL RATE

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Current Avg $3.72 plus NNN

3 year avg $3.79

5 year avg $3.70

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Rental Rate Range:

$2.93+NNN - $3.87+NNN

VACANCY RATE

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Current Avg 9.5%

3 year avg 6.54%

5 year avg 5.77%

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MORE STATS

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Lease Renewal Rate

     - Last 24 months: 70.8%

Population Growth

     - .01%

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                                                      updated Jan, 2021

DEMOGRAPHICS   |    BASED ON A 2 MILE RADIUS OF 24218 CRENSHAW BLVD, TORRANCE, CA 

POP. GROWTH

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2020 Population                     104,005

% Pop Growth 2010 - 2020      0.1

% Pop Growth 2020 - 2025     -0.1

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2020 Med Age                         41.3

HOUSEHOLDS

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2020 Households                   38,549

% HH Growth 2010 - 2020      0.2

% HH Growth 2020 - 2025     -0.1

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INCOME

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2020 Median HH Income     83,586

2020 Med Home Value    $747,831

Total Employees                     55,841

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