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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

1207 E 99th St Los Angeles, CA 90002

2 Beds 2 Baths 1,013 sqft Built 1910
Last updated:  Jan 23, 2020

INVESTimate

$401,840

$379K - $425K

Price Est.

$2,415

$2.1K - $2.7K

Rent Est.

$455,044  ( +13.24%)   1 YR EST. FORECAST
  
  
  

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1207 E 99th St PROPERTY INFO

FACTS
  • Built In 1910
  • Price/Sqft : $396.68
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,013 sqft
  • Baths : 2 Full

1207 E 99th St SCHOOLS

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Financial Details

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Neighborhood

LOS ANGELES

  • 53,044

    POPULATION
  • 12,812

    HOUSEHOLDS
  • 31.5%

    WHITE COLLAR

Neighborhood : LOS ANGELES

HOUSEHOLDS
12,812
POPULATION

53,044

63.9%Renters
36.1%Home Owners
LABOR FORCE

 

31.5%White Collar
68.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,415 per month.

MY RENT : $2,415 MEDIAN RENT : $2,168

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 1.8%
>=$1,500 98.2%
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 $2,415 would therefore be considered affordable for annual household incomes greater than $96,600 (12 months x 3.333 x $2,415).

Rent % Affordability
Above $500 70.1%
Above $700 57.4%
Above $1,100 38.0%
Above $1,500 25.7%
Above $1,900 16.3%
HOUSEHOLD INCOME RANGE

Approximately 1,138 of households in this neighborhood have a total annual income of $96,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,415 per month.

MINIMUM INCOME RANGE : $96,600

Income % Distribution
<$20K 29.9%
$20K-$35K 21.1%
$35K-$60K 23.4%
$60K-$100K 17.4%
>=$100K 8.3%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 10% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 2.5%
10-14 mins 5.8%
15-19 mins 7.8%
20-29 mins 19.3%
30-44 mins 35.8%
45-59 mins 11.1%
>60 mins 16.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,415 per month.

MY RENT : $2,415 MEDIAN RENT : $2,168

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 1.8%
>=$1,500 98.2%
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 $2,415 would therefore be considered affordable for annual household incomes greater than $96,600 (12 months x 3.333 x $2,415).

Rent % Affordability
Above $500 70.1%
Above $700 57.4%
Above $1,100 38.0%
Above $1,500 25.7%
Above $1,900 16.3%
HOUSEHOLD INCOME RANGE

Approximately 1,138 of households in this neighborhood have a total annual income of $96,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,415 per month.

MINIMUM INCOME RANGE : $96,600

Income % Distribution
<$20K 29.9%
$20K-$35K 21.1%
$35K-$60K 23.4%
$60K-$100K 17.4%
>=$100K 8.3%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 10% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 2.5%
10-14 mins 5.8%
15-19 mins 7.8%
20-29 mins 19.3%
30-44 mins 35.8%
45-59 mins 11.1%
>60 mins 16.1%

LOS ANGELES Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.1%
Construction 8.4%
Health Care & Social Assistance 11.2%
Manufacturing 15.4%
Retail & Wholesale Trader 19.7%
Transportation 8.3%
Other 28.0%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 45% is 24 or younger and 6% is 65 or older.

Age % Distribution
<15 26.1%
15-19 9.5%
20-24 9.3%
25-44 28.4%
45-65 20.3%
66+ 6.4%
OCCUPATION

Occupation % Distribution
Clean 7.9%
Healthcare 5.5%
Management, Business, & Financial 4.5%
Natural Resources Maintenance 13.0%
Production & Transportation 30.4%
Sales & Office 23.1%
Other 15.6%
HIGHEST EDUCATION LEVEL

4% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 3.4%
High School 26.9%
Masters Degree 0.7%
Some College 15.4%
Some High School 48.8%
Other 4.7%

1207 E 99th St Comps

Sorry, we do not have sufficient data available.

1207 E 99th St, Los Angeles, CA 90002 is a single family home of 1,013 sqft. HomeUnion INVESTimateĀ® for 1207 E 99th St includes a Price Estimate of $401,840 and a Rent Estimate of $2,415. This single family home has 2 bedrooms,2 bathrooms, and was built in 1910. This property has an estimated 15 year annualized Yield of 7.21% and Total Return of 40.31%. The estimated 1 year forecast in home value for 1207 E 99th St is 13.24%.

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 90002 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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