FACILITIESONGOING

Ivy Academia 40-year Lease Agreement with ASF 5975 Shoup LLC

ASF 5975 Shoup LLC and Alternative Schools, Inc. entered into a 40-year lease agreement for the use of 5975 Shoup Ave, serving Ivy Academia Entrepreneurial Charter School, with potential extensions. Rent includes debt service obligations and various premises-related expenses.

Status
ONGOING
Document date
March 15, 2026
Contract type
FACILITIES
Vendor
Asf 5975 Shoup Llc
Agency
Los Angeles County Office of Education · CA

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FACILITIES
Contract term
Approximately 40 years from December 1, 2021 to June 30, 2061, plus three options to extend for 6 years each
Renewal date
2061-06-30
Renewal
The lease includes three options to extend the term for six years each, exercisable by written notice six months before expiration. Rent may be adjusted to fair market value during extensions if the loan is not outstanding.
Document type
Agenda
Source document
Los Angeles County Board of Education Board Meeting Agenda March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Los Angeles County Office of Education?

Asf 5975 Shoup Llc was awarded this facilities contract by Los Angeles County Office of Education, as recorded on March 15, 2026.

What type of contract is this?

This is a Facilities contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Los Angeles County Board of Education Board Meeting Agenda March 2026 (Agenda), dated March 15, 2026 from Los Angeles County Office of Education. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Asf 5975 Shoup Llc hold?

Asf 5975 Shoup Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Los Angeles County Office of Education currently buying?

Explore Los Angeles County Office of Education's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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