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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

1235 E 59th St Los Angeles, CA 90001

2 Beds 1 Baths 1,120 sqft Built 1912
Last updated:  Jan 23, 2020

INVESTimate

$449,564

$413K - $486K

Price Est.

$2,159

$1.8K - $2.5K

Rent Est.

$483,596  ( +7.57%)   1 YR EST. FORECAST
  
  
  

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1235 E 59th St PROPERTY INFO

FACTS
  • Built In 1912
  • Price/Sqft : $401.40
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,120 sqft
  • Baths : 1 Full

1235 E 59th St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BUDLONG AVENUE ELEMENTARY SCHOOL Primary Regular 981 39 3
JOHN MUIR MIDDLE SCHOOL Middle Regular 1,273 65 2
AUGUSTUS F HAWKINS SH - CRITICAL DESIGN AND GAMING SCHOOL High Unknown NA

BUDLONG AVENUE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 981
  • # of teachers: 39
3
GreatSchools Rating

JOHN MUIR MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,273
  • # of teachers: 65
2
GreatSchools Rating

AUGUSTUS F HAWKINS SH - CRITICAL DESIGN AND GAMING SCHOOL

  • Education Level: High
  • # of students: 0
  • # of teachers: 0
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

Vermont - Slauson

  • 26,536

    POPULATION
  • 7,711

    HOUSEHOLDS
  • 33.7%

    WHITE COLLAR

Neighborhood : Vermont - Slauson

HOUSEHOLDS
7,711
POPULATION

26,536

64.1%Renters
35.9%Home Owners
LABOR FORCE

 

33.7%White Collar
66.3%Blue Collar
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 $2,159 per month.

MY RENT : $2,159 MEDIAN RENT : $2,308

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 1.0%
>=$1,500 99.0%
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 $2,159 would therefore be considered affordable for annual household incomes greater than $86,360 (12 months x 3.333 x $2,159).

Rent % Affordability
Above $500 64.5%
Above $700 51.1%
Above $1,100 32.5%
Above $1,500 18.8%
Above $1,900 11.7%
HOUSEHOLD INCOME RANGE

Approximately 552 of households in this neighborhood have a total annual income of $86,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,159 per month.

MINIMUM INCOME RANGE : $86,360

Income % Distribution
<$20K 35.5%
$20K-$35K 22.2%
$35K-$60K 23.5%
$60K-$100K 13.4%
>=$100K 5.3%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 9% 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 0.5%
5-9 mins 1.9%
10-14 mins 7.0%
15-19 mins 7.7%
20-29 mins 22.4%
30-44 mins 33.6%
45-59 mins 11.4%
>60 mins 15.6%
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 $2,159 per month.

MY RENT : $2,159 MEDIAN RENT : $2,308

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 1.0%
>=$1,500 99.0%
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 $2,159 would therefore be considered affordable for annual household incomes greater than $86,360 (12 months x 3.333 x $2,159).

Rent % Affordability
Above $500 64.5%
Above $700 51.1%
Above $1,100 32.5%
Above $1,500 18.8%
Above $1,900 11.7%
HOUSEHOLD INCOME RANGE

Approximately 552 of households in this neighborhood have a total annual income of $86,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,159 per month.

MINIMUM INCOME RANGE : $86,360

Income % Distribution
<$20K 35.5%
$20K-$35K 22.2%
$35K-$60K 23.5%
$60K-$100K 13.4%
>=$100K 5.3%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 9% 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 0.5%
5-9 mins 1.9%
10-14 mins 7.0%
15-19 mins 7.7%
20-29 mins 22.4%
30-44 mins 33.6%
45-59 mins 11.4%
>60 mins 15.6%

Vermont - Slauson Demographics

INDUSTRY

Industry % Distribution
Administrative Support 10.9%
Arts & Entertainment 8.9%
Construction 9.7%
Health Care & Social Assistance 12.4%
Manufacturing 9.3%
Retail & Wholesale Trader 18.6%
Other 30.2%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 41% is 24 or younger and 8% is 65 or older.

Age % Distribution
<15 23.6%
15-19 8.2%
20-24 8.9%
25-44 28.0%
45-65 22.8%
66+ 8.4%
OCCUPATION

Occupation % Distribution
Clean 10.4%
Healthcare 5.2%
Management, Business, & Financial 4.7%
Natural Resources Maintenance 16.0%
Production & Transportation 23.5%
Sales & Office 26.0%
Other 14.1%
HIGHEST EDUCATION LEVEL

6% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.5%
High School 30.2%
Masters Degree 1.0%
Some College 16.8%
Some High School 42.1%
Other 5.3%

1235 E 59th St Comps

Sorry, we do not have sufficient data available.

1235 E 59th St, Los Angeles, CA 90001 is a single family home of 1,120 sqft. HomeUnion INVESTimate¬ģ for 1235 E 59th St includes a Price Estimate of $449,564 and a Rent Estimate of $2,159. This single family home has 2 bedrooms,1 bathrooms, and was built in 1912. This property has an estimated 15 year annualized Yield of 5.76% and Total Return of 24.70%. The estimated 1 year forecast in home value for 1235 E 59th 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

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