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RENTAL RATE

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Current Avg $2.86 plus NNN

3 year avg $2.56

5 year avg $2.35

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Rental Rate Range:

$2.17+NNN - $3.23+NNN

VACANCY RATE

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Current Avg 11.8%

3 year avg    14.1%

5 year avg    11.3%

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MORE STATS

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Lease Renewal Rate

     - Last 24 months: 48.5%

Population Growth

     - .04%

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                                                      updated Oct, 2020

DEMOGRAPHICS   |    BASED ON A 2 MILE RADIUS OF 2331 N LAKEWOOD BLVD, LONG BEACH CA 

POP. GROWTH

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2020 Population                     69,393

% Pop Growth 2010 - 2020     0.1

% Pop Growth 2020 - 2025     -0.1

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2020 Med Age                         38.3

HOUSEHOLDS

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2020 Households                   26,200

% HH Growth 2010 - 2020      0.1

% HH Growth 2020 - 2025     -0.1​

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INCOME

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2020 Median HH Income     89,743

2020 Med Home Value    $716,299

Total Employees                     44,534

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