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OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
1127 E 59th Pl PROPERTY INFO
FACTS
- Built In 1961
- Price/Sqft : $214.49
CONSTRUCTION
- Beds : 6
- Floor Size : 2,238 sqft
- Baths : 3 Full
1127 E 59th Pl SCHOOLS
Financial Details
See Financial Details
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Florence-Graham
Neighborhood : Florence-Graham
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 99% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,661 per month.
MY RENT : $3,661 MEDIAN RENT : $2,323
Household Rent Affordability
According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $3,661 would therefore be considered affordable for annual household incomes greater than $146,440 (12 months x 3.333 x $3,661).
HOUSEHOLD INCOME RANGE
Approximately 437 of households in this neighborhood have a total annual income of $146,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,661 per month.
MINIMUM INCOME RANGE : $146,440
COMMUTE TIME DISTRIBUTION
66% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.
Florence-Graham Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Administrative Support | 7.3% |
Arts & Entertainment | 9.1% |
Construction | 9.3% |
Health Care & Social Assistance | 8.9% |
Manufacturing | 21.0% |
Retail & Wholesale Trader | 18.3% |
Other | 26.0% |
AGE DISTRIBUTION
48% of the population is between the ages of 25 and 64, 46% is 24 or younger and 6% is 65 or older.
Age | % Distribution |
---|---|
<15 | 26.9% |
15-19 | 9.1% |
20-24 | 9.5% |
25-44 | 29.6% |
45-65 | 18.4% |
66+ | 6.4% |
OCCUPATION
Occupation | % Distribution |
---|---|
Clean | 6.8% |
Education | 3.9% |
Healthcare | 4.2% |
Natural Resources Maintenance | 14.0% |
Production & Transportation | 37.3% |
Sales & Office | 20.4% |
Other | 13.4% |
HIGHEST EDUCATION LEVEL
3% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 2.3% |
High School | 23.3% |
Masters Degree | 0.6% |
Some College | 11.4% |
Some High School | 58.5% |
Other | 3.8% |
1127 E 59th Pl Comps
1127 E 59th Pl, Los Angeles, CA 90001 is a single family home of 2,238 sqft. HomeUnion INVESTimate® for 1127 E 59th Pl includes a Price Estimate of $480,037 and a Rent Estimate of $3,661. This single family home has 6 bedrooms,3 bathrooms, and was built in 1961. This property has an estimated 15 year annualized Yield of 9.15% and Total Return of 30.99%. The estimated 1 year forecast in home value for 1127 E 59th Pl is 7.57%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA, LOS ANGELES County, or the 90001 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2