Financials
1211 E 60th St Los Angeles, CA 90001
INVESTimate
$112,983
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1211 E 60th St PROPERTY INFO
FACTS
- Built In 1914
- Price/Sqft : $341.31
CONSTRUCTION
- Beds : 3
- Floor Size : 1,122 sqft
- Baths : 2 Full
1211 E 60th St SCHOOLS
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 $2,368 per month.
MY RENT : $2,368 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 $2,368 would therefore be considered affordable for annual household incomes greater than $94,720 (12 months x 3.333 x $2,368).
HOUSEHOLD INCOME RANGE
Approximately 1,175 of households in this neighborhood have a total annual income of $94,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,368 per month.
MINIMUM INCOME RANGE : $94,720
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% |
1211 E 60th St Comps
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1211 E 60th St, Los Angeles, CA 90001 is a single family home of 1,122 sqft. HomeUnion INVESTimate® for 1211 E 60th St includes a Price Estimate of $382,953 and a Rent Estimate of $2,368. This single family home has 3 bedrooms,2 bathrooms, and was built in 1914. This property has an estimated 15 year annualized Yield of 7.42% and Total Return of 23.88%. The estimated 1 year forecast in home value for 1211 E 60th St 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
