“land bank opportunity”€¦ · most households own at least two vehicles; the most popular...

FOR

SA

LEOrtega Highway 74 – 12.55+/- Acres

$2,888,000 / $230,119.52 Per Acre / $5.28 PSF| Land

15749 Grand Avenue

Lake Elsinore, CA 92530

Exclusively Represented By:Eric Chavez, CCIMReal Estate Investment Broker Direct: 626-392-4667Email: [email protected] License: 01397806

450 North Brand Blvd., Suite 600Glendale, CA 91203626-392-4667 (p)626-261-4777 (f)BRE License: 01928538 www.CA-REBF.com

PROPERTY HIGHLIGHTS● Zoned: Commercial Mixed Use (CMU)

● Density (7 – 18 du/ac); 0.80: 1 FAR; Commercial

>50% net lot area.

● Located in the Path of Growth & New Development

● 1,428 Feet of Street Frontage on

Grand/Ortega Hwy 74

● Centrally located to Orange County & the Inland

Empire

● 10 Year Land Bank Hold

This information has been secured from sources we believe to be reliable, but we make no representations or guaranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

“Land Bank Opportunity”

mailto:[email protected]

http://www.CA-REBF.com/

Aerial MapOrtega Highway 74 – 12.55+/- Acres

15749 Grand AvenueLake Elsinore, CA 92530

Eric Chavez, CCIM 626-392-4667

This information has been secured from sources we believe to be reliable, but we make no representations or guaranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Property Description:This offering is a land bank opportunity consisting of two (2) contiguous parcels with a combine lot squarefootage of (546,678+/- sq.ft.); 12.55+/- acres of flat, developable land with 1,428 Feet of Street Frontage onGrand/Ortega Hwy 74.

Ortega Highway 74 – 12.55+/- Acres (“Subject Property”) is located at the westerly corner of Grand Avenue andOrtega Highway (SR74) and within the Lake Elsinore Planning Districts know as “the Lake Edge District”, this siteis also centrally located to Orange County & the Inland Empire.

The Subject Property is zoned with Commercial Mixed Use (CMU) with density of (7 – 18 du/ac); 0.80: 1 FAR;Commercial >50% net lot area of commercial mix uses. Commercial development that includes commuteroriented retail would be ideal to services the local residents.

APN: 381-320-0234.64+/- Acres

APN: 381-320-0207.91+/- Acres

COMMERCIAL TRADE AREA REPORT

Custom Radius Area

Presented by

ERIC CHAVEZCalifornia Real Estate License: 01397806

Work: (818) 291-6430 | Mobile: (626) 392-4667 | Fax: (818) 302-1515

[email protected] & Associates REBF, Inc.450 North Brand BlvdSuite 600Glendale, CA 91203

Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity.

9/20/2017

mailto:[email protected]

Criteria Used for AnalysisIncome:Median Household Income

Age:Median Age

Population Stats:Total Population

Segmentation:1st Dominant Segment

$51,021 30.7 51,896 American Dreamers

Consumer SegmentationLife Mode UrbanizationWhat are thepeople like thatlive in this area?

Ethnic EnclavesEstablished diversity--young, Hispanic homeowners withfamilies

Where do peoplelike this usuallylive?

Urban PeripheryCity life for starting families with single-familyhomes

Top TapestrySegments

AmericanDreamers Soccer Moms Front Porches

Up and ComingFamilies Metro Fusion

% of Households 3,818 (25.4%) 3,391 (22.5%) 2,314 (15.4%) 1,708 (11.4%) 1,361 (9.0%)

% of Riverside County 55,568 (7.8%) 36,539 (5.2%) 12,200 (1.7%) 62,438 (8.8%) 10,534 (1.5%)

Lifestyle Group Ethnic Enclaves Family Landscapes Middle Ground Ethnic Enclaves Midtown Singles

Urbanization Group Urban Periphery Suburban Periphery Metro Cities Suburban Periphery Urban Periphery

Residence Type Single Family Single Family Multi-Units; SingleFamily

Single Family Multi-Unit Rentals;Single Family

Household Type Married Couples Married Couples Married Couples Married Couples Singles

Average Household Size 3.16 2.96 2.55 3.1 2.63

Median Age 31.8 36.6 34.2 30.7 28.8

Diversity Index 83.3 48.3 70.4 72.4 84

Median Household Income $48,000 $84,000 $39,000 $64,000 $33,000

Median Net Worth $53,000 $252,000 $21,000 $96,000 $12,000

Median Home Value $130,000 $226,000 – $174,000 –

Homeownership 65 % 85.5 % 47.8 % 74.1 % 25 %

Average Monthly Rent – – $890 – $880

Employment Services orAdministration

Professional orManagement

Services, Professionalor Administration

Professional orServices

Services,Administration orProfessional

Education High School Graduate College Degree High School Graduate College Degree College Degree

Preferred Activities Own feature-rich cellphones. Pay bills,socialize online.

Go jogging, biking,target shooting. Visittheme parks, zoos.

Go online for games;visit dating websites,chat rooms. Playbingo, video games.

Visit theme parks,zoos. Contract forhome and landscapingservices.

Spend money onwhat's hot unlesssaving for somethingspecific. Followfootball, soccer.

Financial Spend moneycarefully; buynecessities

Carry high level ofdebt

Have loans to pay bills Hold student loans,mortgages

Shop at discountgrocery stores, Kmart,Walmart

Media Listen to urban orHispanic radio

Shop, bank online Watch ComedyCentral, Nickelodeon,PBS Kids Sprout

Go online to shop,bank, forentertainment

Listen to R&B, rap,Latin, reggae music

Vehicle One or two vehicles Own 2+ vehicles(minivans, SUVs)

Enjoy fun-to-drive cars Own late-modelcompact car, SUV

Owns used vehicles

Custom Radius Area

Copyright 2017 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 9/20/2017

Who We AreLocated throughout the South and West,most American Dreamers residents owntheir own homes, primarily single-familyhousing--farther out of the city, wherehousing is more affordable. Medianhousehold income is slightly belowaverage. The majority of householdsinclude younger married-couple familieswith children and, frequently,grandparents. Diversity is high; manyresidents are foreign born, of Hispanicorigin. Hard work and sacrifice haveimproved their economic circumstance asthey pursue a better life for themselvesand their family. Spending is focusedmore on the members of the householdthan the home. Entertainment includesmultiple televisions, movie rentals andvideo games at home or visits to themeparks and zoos. This market is connectedand adept at accessing what they wantfrom the Internet.

Our NeighborhoodAmerican Dreamers residents are family-centricand diverse. Most are married couples withchildren of all ages or single parents;multigenerational homes are common.Average household size is higher than U.S.average at 3.16.Residents tend to live further out from urbancenters--more affordable single-family homesand more elbow room.Tenure is slightly above average with 65%owner occupancy; primarily single-familyhomes with more mortgages and slightlyhigher monthly costs.Three quarters of all housing were built since1970.Many neighborhoods are located in the urbanperiphery of the largest metropolitan areasacross the South and West.Most households have one or two vehiclesavailable and a longer commute to work.

Socioeconomic TraitsWhile nearly 16% have earned a collegedegree, the majority, or 63%, hold a highschool diploma only or spent some time at acollege or university.Unemployment is higher at 10.7%; labor forceparticipation is also higher at 67%.Most American Dreamers residents deriveincome from wages or salaries, but the rate ofpoverty is a bit higher in this market.They tend to spend money carefully and focusmore on necessities.They are captivated by new technology,particularly feature-rich smartphones.Connected: They use the Internet primarily forsocializing but also for convenience, likepaying bills online.

Market ProfileWhen dining out, these residents favor fast-food dining places such as Taco Bell orWendy's, as well as family-friendly restaurantslike Olive Garden, Denny's or IHOP.Cell phones are preferred over landlines.Favorite channels include Animal Planet,MTV, Cartoon Network, and Disney, as well asprogramming on Spanish TV.Residents listen to urban or Hispanic radio.During the summer, family outings to themeparks are especially popular.

An overview of who makes up this segment across the United States

The demographic segmentation shown here can help you understand the lifestyles and life stages of consumers in a market. Data provider Esri classifiesU.S. residential neighborhoods into 67 unique market segments based on socioeconomic and demographic characteristics. Data Source: Esri 2016. UpdateFrequency: Annually.

This is the

#1dominant segmentfor this area

In this area

25.4%of households fallinto this segment

In the United States


About this segment

American Dreamers

Custom Radius Area


Who We AreSoccer Moms is an affluent, family-oriented market with a country flavor.Residents are partial to new housingaway from the bustle of the city but closeenough to commute to professional jobcenters. Life in this suburban wildernessoffsets the hectic pace of two workingparents with growing children. They favortime-saving devices, like banking online orhousekeeping services, and family-oriented pursuits.

Our NeighborhoodSoccer Moms residents prefer the suburbanperiphery of metropolitan areas.Predominantly single family, homes are innewer neighborhoods, 36% built in the 1990s,31% built since 2000.Owner-occupied homes have high rate ofmortgages at 74%, and low rate vacancy at5%.Median home value is $226,000.Most households are married couples withchildren; average household size is 2.96.Most households have 2 or 3 vehicles; longtravel time to work including a disproportionatenumber commuting from a different county

Socioeconomic TraitsEducation: 37.7% college graduates; morethan 70% with some college education.Low unemployment at 5.9%; high labor forceparticipation rate at 72%; 2 out of 3households include 2+ workers.Connected, with a host of wireless devices fromiPods to tablets--anything that enablesconvenience, like banking, paying bills or evenshopping online.Well insured and invested in a range of funds,from savings accounts or bonds to stocks.Carry a higher level of debt, including first andsecond mortgages and auto loans

Market ProfileMost households own at least two vehicles; themost popular types are minivans and SUVs.Family-oriented purchases and activitiesdominate, like 4+ televisions, movie purchasesor rentals, children's apparel and toys, andvisits to theme parks or zoos.Outdoor activities and sports are characteristicof life in the suburban periphery, like bicycling,jogging, golfing, boating, and target shooting.Home maintenance services are frequentlycontracted, but these families also like theirgardens and own the tools for minor upkeep,like riding mowers and tillers.



This is the


In this area




About this segment

Soccer Moms

Custom Radius Area


Who We AreFront Porches blends household types,with more young families with children orsingle households than average. Thisgroup is also more diverse than the U.S.Half of householders are renters, andmany of the homes are older townhomesor duplexes. Friends and family are centralto Front Porches residents and help toinfluence household buying decisions.Residents enjoy their automobiles andlike cars that are fun to drive. Income andnet worth are well below the U.S. average,and many families have taken out loans tomake ends meet.

Our NeighborhoodNearly one in five homes is a duplex, triplex orquad; half are older single-family dwellings.Just over half the homes are occupied byrenters.Older, established neighborhoods; threequarters of all homes were built before 1980.Single-parent families or singles living alonemake up almost half of the households.

Socioeconomic TraitsComposed of a blue-collar work force with astrong labor force participation rate, butunemployment is high at 11%.Price is more important than brand names orstyle to these consumers.With limited incomes, these are notadventurous shoppers.They would rather cook a meal at home thandine out.They seek adventure and strive to have fun.

Market ProfileGo online for gaming, online dating and chatrooms.Use their cell phones to redeem mobilecoupons and listen to hip hop and R&B music.Drink energy and sports drinks.Participate in leisure activities including sports,indoor water parks, bingo and video games.Watch Comedy Central, Nickelodeon and PBSKids Sprout.



This is the


In this area




About this segment

Front Porches

Custom Radius Area


Who We AreUp and Coming Families is a market intransition--residents are younger andmore mobile and ethnically diverse thanthe previous generation. They areambitious, working hard to get ahead, andwilling to take some risks to achieve theirgoals. The recession has impacted theirfinancial well-being, but they areoptimistic. Their homes are new; theirfamilies are young. And this is one of thefastest-growing markets in the country.

Our NeighborhoodNew suburban periphery: new families in newhousing subdivisions.Building began in the housing boom of the2000s and continues in this fast-growingmarket.Single-family homes with a median value of$174,000 and a lower vacancy rate.The price of affordable housing: longercommute times.

Socioeconomic TraitsEducation: 66% have some college educationor degree(s).Hard-working labor force with a participationrate of 71% and low unemployment at 7%.Most households (63%) have two or moreworkers.Careful shoppers, aware of prices, willing toshop around for the best deals and open toinfluence by others' opinions.Seek the latest and best in technology.Young families still feathering the nest andestablishing their style.

Market ProfileRely on the Internet for entertainment,information, shopping and banking.Prefer imported SUVs or compact cars, latemodels.Carry debt from credit card balances to studentloans and mortgages, but also maintainretirement plans and make charitablecontributions.Busy with work and family; use home andlandscaping services to save time.Find leisure in family activities, movies athome, trips to theme parks or the zoo, andsports, from backpacking and baseball toweight lifting and yoga.



This is the


In this area




About this segment

Up and Coming Families

Custom Radius Area


Who We AreMetro Fusion is a young, diverse market.Many residents do not speak Englishfluently and have moved into their homesrecently. They are highly mobile. More thanthree-quarters of households areoccupied by renters. Many householdshave young children; a quarter are single-parent families. The majority of residentslive in midsize apartment buildings. MetroFusion is a hard-working market withresidents who are dedicated to climbingthe ladders of their professional andsocial lives. This is particularly difficult forthe single parents due to median incomesthat are 35 percent lower than the U.S.average.

Our NeighborhoodOver 60% of the homes are multi-unitstructures located in the urban periphery.Three quarters of residents are renters, andrents are about ten percent less than the U.S.average.The majority of housing units were built before1990.Single-parent and single-person householdsmake up over half of all households.

Socioeconomic TraitsThey're a diverse market with 30% black, 34%Hispanic and 20% foreign born.Younger residents are highly connected, whileolder residents do not have much use for thelatest and greatest technology.They work hard to advance in their professions,including working weekends.They take pride in their appearance, considertheir fashion trendy, and stick with the samefew designer brands.They spend money readily on what's hot unlesssaving for something specific.Social status is very important; they look toimpress with fashion and electronics.

Market ProfileThey enjoy watching MTV, BET, Spanish TVnetworks and pay-per-view.They listen to R&B, rap, Latin and reggaemusic.Football and soccer are popular sports.They shop at discount grocery stores, Kmartand Walmart.They often eat frozen dinners, but when diningout prefer McDonald's, Wendy's and IHOP.



This is the


In this area




About this segment

Metro Fusion

Custom Radius Area


20162021 (Projected)

Total PopulationThis chart shows the total population inan area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually


Population DensityThis chart shows the number of peopleper square mile in an area, comparedwith other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually


Population Change Since 2010This chart shows the percentage changein area's population from 2010 to 2016,compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually


Average Household SizeThis chart shows the average householdsize in an area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually

Custom Radius Area: Population Comparison

Custom Radius Area



Population Living in FamilyHouseholdsThis chart shows the percentage of anarea’s population that lives in ahousehold with one or more individualsrelated by birth, marriage or adoption,compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually

Women 2016Men 2016Women 2021 (Projected)Men 2021 (Projected)

Female / Male RatioThis chart shows the ratio of females tomales in an area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually

Custom Radius Area



Median AgeThis chart shows the median age in anarea, compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually


Population by AgeThis chart breaks down the population ofan area by age group.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually

Custom Radius Area: Age Comparison

Custom Radius Area


MarriedUnmarried

Married / Unmarried AdultsRatioThis chart shows the ratio of married tounmarried adults in an area, comparedwith other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually

MarriedThis chart shows the number of people inan area who are married, compared withother geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually

Never MarriedThis chart shows the number of people inan area who have never been married,compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually

WidowedThis chart shows the number of people inan area who are widowed, comparedwith other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually

DivorcedThis chart shows the number of people inan area who are divorced, compared withother geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually

Custom Radius Area: Marital Status Comparison

Custom Radius Area



Average Household IncomeThis chart shows the average householdincome in an area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually


Median Household IncomeThis chart shows the median householdincome in an area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually


Per Capita IncomeThis chart shows per capita income in anarea, compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually

Average Disposable IncomeThis chart shows the average disposableincome in an area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually

Custom Radius Area: Economic Comparison

Custom Radius Area


Riverside CountyCaliforniaUSA

Unemployment RateThis chart shows the unemploymenttrend in an area, compared with othergeographies.Data Source: Bureau of Labor Statisticsvia 3DLUpdate Frequency: Monthly

Employment Count byIndustryThis chart shows industries in an areaand the number of people employed ineach category.Data Source: Bureau of Labor Statisticsvia Esri, 2016Update Frequency: Annually

Custom Radius Area


Less than 9th GradeThis chart shows the percentage ofpeople in an area who have less than aninth grade education, compared withother geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually

Some High SchoolThis chart shows the percentage ofpeople in an area whose highesteducational achievement is some highschool, without graduating or passing ahigh school GED test, compared withother geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually

High School GEDThis chart shows the percentage ofpeople in an area whose highesteducational achievement is passing ahigh school GED test, compared withother geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually

High School GraduateThis chart shows the percentage ofpeople in an area whose highesteducational achievement is high school,compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually

Some CollegeThis chart shows the percentage ofpeople in an area whose highesteducational achievement is somecollege, without receiving a degree,compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually

Custom Radius Area: Education Comparison

Custom Radius Area


Associate DegreeThis chart shows the percentage ofpeople in an area whose highesteducational achievement is an associatedegree, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually

Bachelor's DegreeThis chart shows the percentage ofpeople in an area whose highesteducational achievement is a bachelor'sdegree, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually

Grad/Professional DegreeThis chart shows the percentage ofpeople in an area whose highesteducational achievement is a graduateor professional degree, compared withother geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2016Update Frequency: Annually

Custom Radius Area


Median Estimated Home ValueThis chart displays property estimates foran area and a subject property, whereone has been selected. Estimated homevalues are generated by a valuationmodel and are not formal appraisals.Data Source: Valuation calculationsbased on public records and MLS sourceswhere licensedUpdate Frequency: Monthly

12-Month Change in MedianEstimated Home ValueThis chart shows the 12-month change inthe estimated value of all homes in thisarea, the county and the state. Estimatedhome values are generated by avaluation model and are not formalappraisals.Data Source: Valuation calculationsbased on public records and MLS sourceswhere licensedUpdate Frequency: Monthly

Median Listing PriceThis chart displays the median listingprice for homes in this area, the countyand the state.Data Source: On- and off-market listingssourcesUpdate Frequency: Monthly

12-Month Change in MedianListing PriceThis chart displays the 12-month changein the median listing price of homes inthis area, and compares it to the countyand state.Data Source: On- and off-market listingssourcesUpdate Frequency: Monthly

Custom Radius Area: Home Value Comparison

Custom Radius Area


Best Retail Businesses

This chart shows the types of businesses that consumers are leaving an area to find. The business types represented by blue bars are relatively scarce in the area,so consumers go elsewhere to have their needs met. The beige business types are relatively plentiful in the area, meaning there are existing competitors for thedollars that consumers spend in these categories.Data Source: Retail Marketplace via Esri, 2016Update Frequency: Annually

Custom Radius Area


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Realtors Property Resource® is a wholly owned subsidiary of the NationalAssociation REALTORS®.RPR offers comprehensive data – including a nationwide database of 164 millionproperties – as well as powerful analytics and dynamic reports exclusively formembers of the NAR.RPR's focus is giving residential and commercial real estate practitioners,brokers, and MLS and Association staff the tools they need to serve their clients.This report has been provided to you by a member of the NAR.

About RPR's DataRPR generates and compiles real estate and other data from a vast array of sources.The data contained in your report includes some or all of the following:

Listing data from our partner MLSs and CIEs, and related calculations, likeestimated value for a property or median sales price for a local market.Public records data including tax, assessment, and deed information.Foreclosure and distressed data from public records and RealtyTrac.Market conditions and forecasts based on listing and public records data.Census and employment data from the U.S. Census and the U.S. Bureau ofLabor Statistics.Demographics and trends data from Esri. The data in commercial and economicreports includes Tapestry Segmentation, which classifies U.S. residentialneighborhoods into unique market segments based on socioeconomic anddemographic characteristics.Business data including consumer expenditures, commercial market potential,retail marketplace, SIC and NAICS business information, and banking potentialdata from Esri.School data and reviews from GreatSchools.Specialty data sets such as walkability scores, traffic counts and flood zones.

Update FrequencyListings and public records data are updated on a continuous basis.Charts and statistics calculated from listing and public records data are refreshedmonthly.Other data sets range from daily to annual updates.

Learn moreFor more information about RPR, please visit RPR'spublic website: http://blog.narrpr.com

Custom Radius Area


Demographic and Income Comparison Profile15749 Grand Ave, Lake Elsinore, California, 92530 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 33.65852

Longitude: -117.377091 mile 3 miles 5 miles

Census 2010 SummaryPopulation 6,972 36,469 57,596Households 2,074 10,589 16,829Families 1,600 8,312 13,155Average Household Size 3.31 3.41 3.39Owner Occupied Housing Units 1,130 6,459 10,595Renter Occupied Housing Units 944 4,130 6,234Median Age 29.7 30.1 30.5

2017 SummaryPopulation 7,414 38,842 64,322Households 2,210 11,236 18,736Families 1,696 8,804 14,582Average Household Size 3.32 3.43 3.40Owner Occupied Housing Units 1,095 6,551 11,284Renter Occupied Housing Units 1,115 4,686 7,452Median Age 29.7 31.0 31.4Median Household Income $41,153 $53,234 $56,210Average Household Income $56,959 $69,055 $72,467

2022 SummaryPopulation 7,959 41,342 69,137Households 2,372 11,914 20,081Families 1,814 9,324 15,601Average Household Size 3.32 3.44 3.42Owner Occupied Housing Units 1,114 6,804 11,896Renter Occupied Housing Units 1,258 5,111 8,184Median Age 30.5 32.2 32.1Median Household Income $41,082 $55,051 $59,570Average Household Income $62,573 $77,103 $81,763

Trends: 2017-2022 Annual RatePopulation 1.43% 1.26% 1.45%Households 1.42% 1.18% 1.40%Families 1.35% 1.15% 1.36%Owner Households 0.34% 0.76% 1.06%Median Household Income -0.03% 0.67% 1.17%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

September 20, 2017

©2017 Esri Page 1 of 7



2017 Households by Income Number Percent Number Percent Number Percent<$15,000 277 12.5% 1,261 11.2% 1,985 10.6%$15,000 - $24,999 371 16.8% 1,218 10.8% 1,972 10.5%$25,000 - $34,999 322 14.6% 1,239 11.0% 1,968 10.5%$35,000 - $49,999 279 12.6% 1,497 13.3% 2,281 12.2%$50,000 - $74,999 387 17.5% 2,177 19.4% 3,505 18.7%$75,000 - $99,999 253 11.4% 1,460 13.0% 2,513 13.4%$100,000 - $149,999 224 10.1% 1,522 13.5% 2,845 15.2%$150,000 - $199,999 43 1.9% 522 4.6% 1,031 5.5%$200,000+ 55 2.5% 341 3.0% 635 3.4%

Median Household Income $41,153 $53,234 $56,210Average Household Income $56,959 $69,055 $72,467Per Capita Income $17,209 $20,289 $21,425

2022 Households by Income Number Percent Number Percent Number Percent<$15,000 326 13.7% 1,445 12.1% 2,278 11.3%$15,000 - $24,999 392 16.5% 1,295 10.9% 2,107 10.5%$25,000 - $34,999 338 14.2% 1,240 10.4% 1,972 9.8%$35,000 - $49,999 271 11.4% 1,428 12.0% 2,160 10.8%$50,000 - $74,999 368 15.5% 2,020 17.0% 3,226 16.1%$75,000 - $99,999 276 11.6% 1,522 12.8% 2,604 13.0%$100,000 - $149,999 264 11.1% 1,789 15.0% 3,393 16.9%$150,000 - $199,999 55 2.3% 700 5.9% 1,428 7.1%$200,000+ 81 3.4% 476 4.0% 913 4.5%

Median Household Income $41,082 $55,051 $59,570Average Household Income $62,573 $77,103 $81,763Per Capita Income $18,742 $22,506 $24,034

Data Note: Income is expressed in current dollars.


September 20, 2017




2010 Population by Age Number Percent Number Percent Number PercentAge 0 - 4 582 8.3% 3,086 8.5% 4,912 8.5%Age 5 - 9 622 8.9% 3,175 8.7% 4,893 8.5%Age 10 - 14 620 8.9% 3,202 8.8% 5,061 8.8%Age 15 - 19 617 8.8% 3,324 9.1% 5,075 8.8%Age 20 - 24 558 8.0% 2,728 7.5% 4,235 7.4%Age 25 - 34 1,010 14.5% 5,167 14.2% 8,307 14.4%Age 35 - 44 908 13.0% 5,182 14.2% 8,237 14.3%Age 45 - 54 991 14.2% 5,158 14.1% 8,108 14.1%Age 55 - 64 608 8.7% 3,153 8.6% 5,020 8.7%Age 65 - 74 278 4.0% 1,390 3.8% 2,292 4.0%Age 75 - 84 143 2.1% 683 1.9% 1,095 1.9%Age 85+ 35 0.5% 222 0.6% 362 0.6%




September 20, 2017




2010 Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 4,265 61.2% 22,222 60.9% 35,360 61.4%Black Alone 307 4.4% 1,506 4.1% 2,483 4.3%American Indian Alone 59 0.8% 386 1.1% 586 1.0%Asian Alone 171 2.5% 987 2.7% 2,086 3.6%Pacific Islander Alone 32 0.5% 120 0.3% 184 0.3%Some Other Race Alone 1,782 25.6% 9,096 24.9% 13,532 23.5%Two or More Races 357 5.1% 2,152 5.9% 3,364 5.8%Hispanic Origin (Any Race) 3,597 51.6% 18,876 51.8% 28,652 49.7%

2017 Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 4,238 57.2% 22,304 57.4% 37,293 58.0%Black Alone 335 4.5% 1,643 4.2% 2,850 4.4%American Indian Alone 67 0.9% 424 1.1% 666 1.0%Asian Alone 192 2.6% 1,132 2.9% 2,550 4.0%Pacific Islander Alone 40 0.5% 140 0.4% 225 0.3%Some Other Race Alone 2,115 28.5% 10,699 27.5% 16,644 25.9%Two or More Races 427 5.8% 2,500 6.4% 4,096 6.4%Hispanic Origin (Any Race) 4,259 57.4% 22,081 56.8% 35,102 54.6%

2022 Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 4,374 54.9% 22,864 55.3% 38,629 55.9%Black Alone 364 4.6% 1,766 4.3% 3,088 4.5%American Indian Alone 75 0.9% 453 1.1% 716 1.0%Asian Alone 222 2.8% 1,315 3.2% 2,982 4.3%Pacific Islander Alone 45 0.6% 157 0.4% 254 0.4%Some Other Race Alone 2,395 30.1% 12,001 29.0% 18,864 27.3%Two or More Races 485 6.1% 2,785 6.7% 4,604 6.7%Hispanic Origin (Any Race) 4,885 61.4% 24,998 60.5% 40,171 58.1%


September 20, 2017



Longitude: -117.37709

1 mile

AreaStateUSA

Trends 2017-2022Trends 2017-2022

Ann

ual R

ate

(in

perc

ent)

2.5

2

1.5

1

0.5

0Population Households Families Owner HHs Median HH Income

20172022

Population by AgePopulation by Age

Perc

ent

18

16

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2017 Household Income 2017 Household Income

< $15K12.5%

$15K - $24K16.8%$25K - $34K

14.6%

$35K - $49K12.6%

$50K - $74K17.5% $75K - $99K

11.4%

$100K - $149K10.1%

$150K - $199K1.9%

$200K+2.5%

2017 Population by Race2017 Population by Race

Perc

ent

55

50

45

40

35

30

25

20

15

10

5

0White Black Am.Ind. Asian Pacific Other Two+ Hisp


September 20, 2017




3 miles

AreaStateUSA

Trends 2017-2022Trends 2017-2022

Ann

ual R

ate

(in

perc

ent)

2.5

2

1.5

1

0.5


20172022


Perc

ent

16

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+


< $15K11.2%

$15K - $24K10.8%

$25K - $34K11.0%

$35K - $49K13.3%

$50K - $74K19.4%

$75K - $99K13.0%

$100K - $149K13.5%

$150K - $199K4.6%

$200K+3.0%


Perc

ent

55

50

45

40

35

30

25

20

15

10

5



September 20, 2017




5 miles

AreaStateUSA

Trends 2017-2022Trends 2017-2022

Ann

ual R

ate

(in

perc

ent)

2.5

2

1.5

1

0.5


20172022


Perc

ent

16

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+


< $15K10.6%

$15K - $24K10.5%

$25K - $34K10.5%

$35K - $49K12.2%

$50K - $74K18.7%

$75K - $99K13.4%

$100K - $149K15.2%

$150K - $199K5.5%

$200K+3.4%


Perc

ent

55

50

45

40

35

30

25

20

15

10

5



September 20, 2017


Graphic Profile15749 Grand Ave, Lake Elsinore, California, 92530 Prepared by EsriRing: 1 mile radius Latitude: 33.65852



5,0004,500

4,0003,500

3,000

2,5002,000

1,500

1,000500

0White Black Am.Ind. Asn/Pac Other Two+

57.2%

4.5%0.9% 3.1%

28.5%

5.8%

<55-1920-2425-3435-4445-5455-6465+

2017 Population by Age2017 Population by Age

8.3%

22.8%9.7%

17.0%

11.9%

11.5%

10.6%

8.3%

2017 Percent Hispanic Origin: 57.4%

HouseholdsHouseholds

2,500

2,000

1,500

1,000

500

0Census 2010 2017 2022

2,074 2,2102,372

<$100K$100-199K$200-299K$300-399K$400-499K$500K+

2017 Home Value2017 Home Value

10.1%

28.7%

24.0%

14.3% 8.1%

14.7%

2017-2022 Annual Growth Rate2017-2022 Annual Growth Rate

Perc

ent

1.5

1

0.5

0

-0.5Population Households Median Household Income Owner Occupied Housing Units

1.43 1.42

-0.03

0.35

20172022

Household IncomeHousehold Income

Perc

ent

1614121086420

<$15K $15K-$25K $25K-$35K $35K-$50K $50K-$75K $75K-$100K $100K-$150K $150K-$200K $200K+


September 20, 2017





25,000

20,000

15,000

10,000

5,000


57.4%

4.2% 1.1% 3.3%

27.5%

6.4%

<55-1920-2425-3435-4445-5455-6465+


8.3%

23.2%8.0%

16.7%

13.0%

12.1%

10.5%

8.2%



14,000

12,000

10,000

8,000

6,000

4,000

2,000

0Census 2010 2017 2022

10,589 11,236 11,914

<$100K$100-199K$200-299K$300-399K$400-499K$500K+


9.9%

25.1%

27.5%

13.5% 8.4%

15.6%


Perc

ent

1.61.41.2

10.80.60.40.2

0Population Households Median Household Income Owner Occupied Housing Units

1.26 1.18

0.670.76

20172022


Perc

ent

15

10

5

0<$15K $15K-$25K $25K-$35K $35K-$50K $50K-$75K $75K-$100K $100K-$150K $150K-$200K $200K+


September 20, 2017





45,000

40,000

35,000

30,000

25,000

20,000

15,000

10,000

5,000


58.0%

4.4% 1.0% 4.3%

25.9%

6.4%

<55-1920-2425-3435-4445-5455-6465+


8.3%

22.9%7.7%

16.8%

13.1%

12.2%

10.5%

8.5%



25,000

20,000

15,000

10,000

5,000

0Census 2010 2017 2022

16,82918,736

20,081

<$100K$100-199K$200-299K$300-399K$400-499K$500K+


11.0%

20.0%

29.5%

12.7%8.9%

18.0%


Perc

ent

1.81.61.41.2

10.80.60.40.2

0Population Households Median Household Income Owner Occupied Housing Units

1.45 1.401.17

1.06

20172022


Perc

ent

181614121086420

<$15K $15K-$25K $25K-$35K $35K-$50K $50K-$75K $75K-$100K $100K-$150K $150K-$200K $200K+


September 20, 2017


Traffic Count Map15749 Grand Ave, Lake Elsinore, California, 92530 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 33.65852


Source: ©2017 Kalibrate Technologies

September 20, 2017


“land bank opportunity”€¦ · most households own at least two vehicles; the most popular...

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