Redondo Beach Property Value Loss within 1/2-mile of BCHD Campus over $97M (2024 update)

The existing 312,000 sqft, 99.7% under 52-foot tall, FAR 0.72 campus impacts the surrounding property values. Econometric analysis using the same dataset vendor as BCHD's MDS consultants used for market analysis shows a reduction in property values due to proximity to BCHD of nearly $100M in the 2024 update values.

Redondo Beach Real Estate Devaluation From Proximity to BCHD
Total Property Owner Loss		$                     (97,364,520)
% Property Value Impact		-4.7%
Avg Impact per Property		$                            (64,437)
Max Impact per Property		$                          (315,667)
SAMPLE VALUE LOSSES PER RESIDENCE WITHIN 1/2 MILE OF BCHD
Carnelian St.
Largest Loss	$             (106,452)
Average Loss	$               (57,681)
Diamond St.
Largest Loss	$             (300,326)
Average Loss	$             (129,925)
N Lucia Ave.
Largest Loss	$             (120,336)
Average Loss	$               (65,851)
N Maria Ave.
Largest Loss	$             (169,720)
Average Loss	$               (98,481)
N Paulina Ave
Largest Loss	$             (259,004)
Average Loss	$             (131,219)
N Prospect Ave
Largest Loss	$             (315,667)
Average Loss	$             (142,107)