Embed Size (px)
Citation preview
Eastern LA County New Construction & Proposed Multifamily Projects 4Q19
Lease-Up Under Construction Planned ProspectiveLEGEND
Source: Yardi Matrix1000 ft
ID PROPERTY UNITS1 Theo 105
Total Lease Up 105
7 AMLI at Old Pasadena 400
Total Under Construction 400
31 MW Lofts 115
Total Planned 115
69 141 South Lake Avenue 70
70 150 East Colorado Blvd 100
71 356 Cordova Street 62
72 540 South Lake Avenue 62
73 83 North Lake Avenue 73
74 Heritage Square Senior Phase II 70
75 Los Robles 307
76 Picasso, The 98
90 231 North Hill Avenue 60
92 740 - 790 East Green Street 273
93 Olivewood Village: Olivewood North 86
94 Olivewood Village: Olivewood South 55
Total Prospective 1,316
Eastern LA County New Construction & Proposed Multifamily Projects 4Q19
Lease-Up Under Construction Planned ProspectiveLEGEND
Source: Yardi Matrix500 ft
ID PROPERTY UNITS2 AMLI Park Broadway 222
3 Pacific, The 163
4 Alamitos, The 136
5 Oceanaire 216
Total Lease Up 737
6 Shoreline Gateway 315
12 Crest, The 112
13 Ocean View Tower 106
Total Under Construction 533
19 1105 Long Beach Blvd 120
20 Aster 218
21 Inkwell 189
22 Locust Long Beach 97
23 Magnolia and Broadway 142
24 Ocean Center Building Redevelopment 80
33 Broadway Block 392
Total Planned 1,238
43 320 Alamitos Avenue 77
44 507 Pacific Avenue 157
45 Golden Shore 750
46 Residences at Linden 82
47 Third & Pacific 345
48 West Gateway 756
78 7th Street and Pacific Avenue 271
Total Prospective 2,438
Eastern LA County New Construction & Proposed Multifamily Projects 4Q19
Lease-Up Under Construction Planned ProspectiveLEGEND
Source: Yardi Matrix1 mi
ID PROPERTY UNITS9 Union South Bay 357
Total Under Construction 357
18 Groves at Whittier, The 189
25 Long Beach Senior Living 154
26 Evolve South Bay 300
27 Jefferson on Avalon 1,000
28 11269 Garfield Avemue 100
Total Planned 1,743
49 Heritage Square 199
50 Boulevards at South Bay, The 400
51 Victoria Greens Townhomes 175
52 Laemmle Mixed Use Project 81
53 Plaza Mexico Residences 348
54 Modelo 825
56 41st & Compton 127
57 4851 South Alameda Street 118
58 5888 - 5910 & 5879 - 5887 Crocker Street 50
59 68th and Main 60
60 8509 South Broadway 56
61 9402-9422 South Broadway 160
62 Jordan Downs Urban Village Phase 3A, 3B, 4A, 4B, 5A, 5B, 6A, 6B 978
66 700 South Whittier Blvd 232
79 Axiom 142
80 103rd Street/Watts Tower Blue Line Station 87
81 155 West Florence Avenue 108
83 9413 South Main Street 70
Total Prospective 4,216
Eastern LA County New Construction & Proposed Multifamily Projects 4Q19
Lease-Up Under Construction Planned ProspectiveLEGEND
Source: Yardi Matrix2000 ft
ID PROPERTY UNITS8 Fig 31 73
10 1630 San Pablo 95
Total Under Construction 168
29 Monterey Bay Square 62
34 Adams & Grand 296
35 Reef, The 549
Total Planned 907
55 2100 South Figueroa 291
63 Mail Order District 1,030
64 6040 North Figueroa Street 50
65 Rose Hill Courts Redevelopment Phase II 97
68 Villages at the Alhambra, The 545
82 2222 South Figueroa 418
84 New Wyvernwood 1,200
85 141 West Avenue 34 468
86 3555 North Figueroa Street 55
87 Casitas Lofts 419
88 Glassell Park 370
89 3rd Street & Dangler Avenue 76
Total Prospective 5,019
Eastern LA County New Construction & Proposed Multifamily Projects 4Q19
Lease-Up Under Construction Planned ProspectiveLEGEND
Source: Yardi Matrix1 mi
ID PROPERTY UNITS11 Paseo at the Gateway, The 208
Total Under Construction 208
14 Avenue, The 127
15 Citrus View, The 102
16 Huntington, The 161
17 Orchard, The 163
30 Vista at the Gateway, The 212
32 Avalon Monrovia 154
36 Rubio Village 159
37 Pasadena Gateway 550
Total Planned 1,628
38 Bonita Station 647
39 Alexan Foothills, The 436
40 Arroyo at Monrovia Station, The 284
41 Residences at Duarte Station, The 619
42 Station Square South 296
67 Arcadia Commons 303
77 127 West Pomona Avenue 310
91 3768 East Colorado Blvd 100
Total Prospective 2,995
Source: Yardi Matrix
Eastern LA County New Construction and Proposed Multifamily Projects
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
1 Theo 289 North El Molino Avenue Pasadena CA 91101 Lease-Up 105 Pasadena / Arcadia 12/01/2017 02/29/2020 10/01/2019
2 AMLI Park Broadway 245 West Broadway Long Beach CA 90802 Lease-Up 222 SW Long Beach 12/01/2016 02/29/2020 11/01/2018
3 Pacific, The 230 West 3rd Street Long Beach CA 90802 Lease-Up 163 SW Long Beach 08/15/2017 01/31/2020 08/20/2019
4 Alamitos, The 101 Alamitos Avenue Long Beach CA 90802 Lease-Up 136 SW Long Beach 04/01/2017 01/31/2020 08/01/2019
5 Oceanaire 150 West Ocean Blvd Long Beach CA 90802 Lease-Up 216 SW Long Beach 11/01/2016 01/31/2020 07/01/2019
Total Lease-Up 8426 Shoreline Gateway 725 East Ocean Blvd Long Beach CA 90802 Under Construction 315 SW Long Beach 07/16/2019 10/31/2021
7 AMLI at Old Pasadena 75 West Holly Street Pasadena CA 91103 Under Construction 400 Pasadena / Arcadia 07/16/2019 04/30/2021
8 Fig 31 511 West 31st Street Los Angeles CA 90007 Under Construction 73 East Los Angeles South 05/01/2019 01/31/2021
9 Union South Bay 21600 Avalon Blvd Carson CA 90220 Under Construction 357 West Long Beach 10/01/2018 12/31/2020
10 1630 San Pablo 1630 San Pablo Street Los Angeles CA 90033 Under Construction 95 East Los Angeles North 03/27/2019 10/31/2020
11 Paseo at the Gateway, The 3543 Santa Anita Avenue El Monte CA 91731 Under Construction 208 Alhambra / San Gabriel / El Monte 09/27/2018 06/30/2020
12 Crest, The 207 East Seaside Way Long Beach CA 90802 Under Construction 112 SW Long Beach 04/01/2017 05/31/2020
13 Ocean View Tower 200 West Ocean Blvd Long Beach CA 90802 Under Construction 106 SW Long Beach 12/01/2017 01/31/2020
Total Under Construction 1,66614 Avenue, The 800 North Azusa Avenue Azusa CA 91702 Planned 127 Azusa/Monrovia
15 Citrus View, The 525 North Azusa Avenue Azusa CA 91702 Planned 102 Azusa/Monrovia
16 Huntington, The 1437 East Huntington Drive Duarte CA 91010 Planned 161 Azusa/Monrovia
17 Orchard, The North Azusa Avenue & West Foothill Blvd Azusa CA 91702 Planned 163 Azusa/Monrovia
18 Groves at Whittier, The 11850 Whittier Blvd Whittier CA 90601 Planned 189 Whittier / La Mirada
19 1105 Long Beach Blvd 1105 Long Beach Blvd Long Beach CA 90813 Planned 120 SW Long Beach
20 Aster 125 Long Beach Blvd Long Beach CA 90802 Planned 218 SW Long Beach
21 Inkwell 127 East Broadway Long Beach CA 90802 Planned 189 SW Long Beach
22 Locust Long Beach 1112 Locust Avenue Long Beach CA 90813 Planned 97 SW Long Beach
23 Magnolia and Broadway 500 West Broadway Long Beach CA 90802 Planned 142 SW Long Beach
24 Ocean Center Building Redevelopment 110 West Ocean Blvd Long Beach CA 90802 Planned 80 SW Long Beach 06/01/2016 12/31/2017
25 Long Beach Senior Living 2515 Atlantic Avenue Long Beach CA 90806 Planned 154 NW Long Beach
26 Evolve South Bay 20330 South Main Street Carson CA 90745 Planned 300 West Long Beach
27 Jefferson on Avalon East 213th Street & South Avalon Blvd Carson CA 90745 Planned 1,000 West Long Beach
28 11269 Garfield Avemue 11269 Garfield Avenue Downey CA 90242 Planned 100 Downey / Southgate
Source: Yardi Matrix
Eastern LA County New Construction and Proposed Multifamily Projects
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
29 Monterey Bay Square 100 South Monterey Street Alhambra CA 91801 Planned 62 Alhambra / San Gabriel / El Monte
30 Vista at the Gateway, The 10561 Santa Fe Drive El Monte CA 91731 Planned 212 Alhambra / San Gabriel / El Monte
31 MW Lofts 711 East Walnut Street Pasadena CA 91101 Planned 115 Pasadena / Arcadia
32 Avalon Monrovia NWC West Chestnut Avenue & South Myrtle Avenue Monrovia CA 91016 Planned 154 Azusa/Monrovia
33 Broadway Block 240 Long Beach Blvd Long Beach CA 90802 Planned 392 SW Long Beach
34 Adams & Grand 2528 South Grand Avenue Los Angeles CA 90007 Planned 296 East Los Angeles South
35 Reef, The 1900 South Broadway Los Angeles CA 90007 Planned 549 East Los Angeles South
36 Rubio Village 201 South San Gabriel Blvd San Gabriel CA 91776 Planned 159 Alhambra / San Gabriel / El Monte
37 Pasadena Gateway 3200 East Foothill Blvd Pasadena CA 91107 Planned 550 Pasadena / Arcadia
Total Planned 5,63138 Bonita Station 2771 North Garey Avenue Pomona CA 91767 Prospective 647 Pomona
39 Alexan Foothills, The 1625 South Magnolia Avenue Monrovia CA 91016 Prospective 436 Azusa/Monrovia
40 Arroyo at Monrovia Station, The SWC West Evergreen Avenue & South Magnolia Avenue Monrovia CA 91016 Prospective 284 Azusa/Monrovia
41 Residences at Duarte Station, The 1700 Business Center Drive Duarte CA 91010 Prospective 619 Azusa/Monrovia
42 Station Square South NEC West Duarte Road & South Magnolia Avenue Monrovia CA 91016 Prospective 296 Azusa/Monrovia
43 320 Alamitos Avenue 320 Alamitos Avenue Long Beach CA 90802 Prospective 77 SW Long Beach
44 507 Pacific Avenue 507 Pacific Avenue Long Beach CA 90802 Prospective 157 SW Long Beach
45 Golden Shore 1 Golden Shore Long Beach CA 90802 Prospective 750 SW Long Beach
46 Residences at Linden 135 Linden Avenue Long Beach CA 90802 Prospective 82 SW Long Beach
47 Third & Pacific 131 West 3rd Street Long Beach CA 90802 Prospective 345 SW Long Beach
48 West Gateway 600 West Broadway Long Beach CA 90802 Prospective 756 SW Long Beach
49 Heritage Square NWC East Burnett Street & Cherry Avenue New Signal Hill CA 90755 Prospective 199 NW Long Beach
50 Boulevards at South Bay, The 20400 South Main Street Carson CA 90745 Prospective 400 West Long Beach
51 Victoria Greens Townhomes NEC South Central Avenue & East Victoria Street Carson CA 90746 Prospective 175 West Long Beach
52 Laemmle Mixed Use Project 16411 Bellflower Blvd Bellflower CA 90706 Prospective 81 Bellflower / Paramount
53 Plaza Mexico Residences 3000 East Imperial Hwy Lynwood CA 90262 Prospective 348 Downey / Southgate
54 Modelo 7316 East Gage Avenue Los Angeles CA 90040 Prospective 825 Maywood / Bell / Montebello
55 2100 South Figueroa 2100 South Figueroa Street Los Angeles CA 90007 Prospective 291 East Los Angeles South
Source: Yardi Matrix
Eastern LA County New Construction and Proposed Multifamily Projects
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
56 41st & Compton 4020 Compton Avenue Los Angeles CA 90011 Prospective 127 East Los Angeles South
57 4851 South Alameda Street 4851 South Alameda Street Los Angeles CA 90058 Prospective 118 East Los Angeles South
58 5888 - 5910 & 5879 - 5887 Crocker Street 5910 Crocker Street Los Angeles CA 90003 Prospective 50 East Los Angeles South
59 68th and Main East 68th Street & South Main Street Los Angeles CA 90003 Prospective 60 East Los Angeles South
60 8509 South Broadway 8509 South Broadway Los Angeles CA 90003 Prospective 56 East Los Angeles South
61 9402-9422 South Broadway 9402 South Broadway Los Angeles CA 90003 Prospective 160 East Los Angeles South
62 Jordan Downs Urban Village Phase 3A, 3B, 4A, 4B, 5A, 5B, 6A, 6B 9901 South Alameda Street Los Angeles CA 90002 Prospective 978 East Los Angeles South
63 Mail Order District 2650 East Olympic Blvd Los Angeles CA 90023 Prospective 1,030 East Los Angeles South
64 6040 North Figueroa Street 6040 North Figueroa Street Los Angeles CA 90042 Prospective 50 East Los Angeles North
65 Rose Hill Courts Redevelopment Phase II 4446 Florizel Street Los Angeles CA 90032 Prospective 97 East Los Angeles North
66 700 South Whittier Blvd 700 South Whittier Blvd Montebello CA 90640 Prospective 232 S El Monte / Rosemead
67 Arcadia Commons 4241 East Live Oak Avenue Arcadia CA 91006 Prospective 303 Alhambra / San Gabriel / El Monte
68 Villages at the Alhambra, The 1000 South Fremont Avenue Alhambra CA 91803 Prospective 545 Alhambra / San Gabriel / El Monte
69 141 South Lake Avenue 141 South Lake Avenue Pasadena CA 91101 Prospective 70 Pasadena / Arcadia
70 150 East Colorado Blvd 150 East Colorado Blvd Pasadena CA 91105 Prospective 100 Pasadena / Arcadia
71 356 Cordova Street 356 Cordova Street Pasadena CA 91101 Prospective 62 Pasadena / Arcadia
72 540 South Lake Avenue 540 South Lake Avenue Pasadena CA 91101 Prospective 62 Pasadena / Arcadia
73 83 North Lake Avenue 83 North Lake Avenue Pasadena CA 91101 Prospective 73 Pasadena / Arcadia
74 Heritage Square Senior Phase II 738 North Fair Oaks Avenue Pasadena CA 91103 Prospective 70 Pasadena / Arcadia
75 Los Robles 262 North Los Robles Avenue Pasadena CA 91101 Prospective 307 Pasadena / Arcadia
76 Picasso, The 167 East Walnut Street Pasadena CA 91103 Prospective 98 Pasadena / Arcadia
77 127 West Pomona Avenue 127 West Pomona Avenue Monrovia CA 91016 Prospective 310 Azusa/Monrovia
78 7th Street and Pacific Avenue West 7th Street & Pacific Avenue Long Beach CA 90813 Prospective 271 SW Long Beach
79 Axiom 1401 Long Beach Blvd Long Beach CA 90813 Prospective 142 SW Long Beach
80 103rd Street/Watts Tower Blue Line Station 10341 Graham Avenue Los Angeles CA 90002 Prospective 87 East Los Angeles South
81 155 West Florence Avenue 155 West Florence Avenue Los Angeles CA 90003 Prospective 108 East Los Angeles South
82 2222 South Figueroa 2222 South Figueroa Street Los Angeles CA 90007 Prospective 418 East Los Angeles South
83 9413 South Main Street 9413 South Main Street Los Angeles CA 90003 Prospective 70 East Los Angeles South
84 New Wyvernwood 2901 East Olympic Blvd Los Angeles CA 90023 Prospective 1,200 East Los Angeles South
Source: Yardi Matrix
Eastern LA County New Construction and Proposed Multifamily Projects
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
85 141 West Avenue 34 141 West Avenue 34 Los Angeles CA 90031 Prospective 468 East Los Angeles North
86 3555 North Figueroa Street 3585 North Figueroa Street Los Angeles CA 90065 Prospective 55 East Los Angeles North
87 Casitas Lofts 2800 Casitas Avenue Los Angeles CA 90039 Prospective 419 East Los Angeles North
88 Glassell Park 2910 North San Fernando Road Los Angeles CA 90065 Prospective 370 East Los Angeles North
89 3rd Street & Dangler Avenue NWC East 3rd Street & South Dangler Avenue East Los Angeles CA 90022 Prospective 76 S El Monte / Rosemead
90 231 North Hill Avenue 231 North Hill Avenue Pasadena CA 91106 Prospective 60 Pasadena / Arcadia
91 3768 East Colorado Blvd 3768 East Colorado Blvd Pasadena CA 91107 Prospective 100 Pasadena / Arcadia
92 740 - 790 East Green Street 740 East Green Street Pasadena CA 91101 Prospective 273 Pasadena / Arcadia
93 Olivewood Village: Olivewood North 535 Union Street Pasadena CA 91101 Prospective 86 Pasadena / Arcadia
94 Olivewood Village: Olivewood South 54 North Oakland Avenue Pasadena CA 91101 Prospective 55 Pasadena / Arcadia
Total Prospective 15,984TOTAL EASTERN LA COUNTY 24,123
© 2019 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx. The information and details contained within this report have been obtained from a third-party and believed to be accurate; however, Berkadia has not independently verified its accuracy. Date of survey: January 2020
