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RENTAL RATE

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Current Avg $2.30 plus NNN

3 year avg $2.34

5 year avg $2.29

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Rental Rate Range:

$2.06+NNN - $2.39+NNN

VACANCY RATE

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Current Avg 56.4%

3 year avg 45.56%

5 year avg 35.31%

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MORE STATS

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Lease Renewal Rate

     - Last 24 months: 24.4%

Population Growth

     - .04%

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                                                      updated Jan, 2021

DEMOGRAPHICS   |    BASED ON A 2 MILE RADIUS OF 1808 PACIFIC COAST HWY REDONDO BEACH, CA 

POP. GROWTH

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2020 Population                     72,192

% Pop Growth 2010 - 2020     0.3

% Pop Growth 2020 - 2025     0.03

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2020 Med Age                         45.2

HOUSEHOLDS

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2020 Households                   30,865

% HH Growth 2010 - 2020      0.3

% HH Growth 2020 - 2025      0.1

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INCOME

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2020 Median HH Income     111,516

2020 Med Home Value    $1,029,822

Total Employees                     34,510

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