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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

1325 Wellesley Ave 103 West Los Angeles, CA 90025

1 Beds 1 Baths 726 sqft Built 1972
Last updated:  Jan 23, 2020

INVESTimate

$523,779

$505K - $542K

Price Est.

$2,511

$2.3K - $2.7K

Rent Est.

$567,096  ( +8.27%)   1 YR EST. FORECAST
  
  
  

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1325 Wellesley Ave 103 PROPERTY INFO

FACTS
  • Built In 1972
  • Price/Sqft : $721.46
CONSTRUCTION
  • Beds : 1
  • Floor Size : 726 sqft
  • Baths : 1 Full

1325 Wellesley Ave 103 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BROCKTON AVENUE ELEMENTARY SCHOOL Primary Regular 253 14 4
EMERSON COMMUNITY CHARTER SCHOOL Middle Regular 819 32 5
UNIVERSITY SENIOR HIGH SCHOOL High Regular 2,023 86 6

BROCKTON AVENUE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 253
  • # of teachers: 14
4
GreatSchools Rating

EMERSON COMMUNITY CHARTER SCHOOL

  • Education Level: Middle
  • # of students: 819
  • # of teachers: 32
5
GreatSchools Rating

UNIVERSITY SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 2,023
  • # of teachers: 86
6
GreatSchools Rating
 

Financial Details

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Neighborhood

Sawtelle

  • 34,563

    POPULATION
  • 16,368

    HOUSEHOLDS
  • 83.7%

    WHITE COLLAR

Neighborhood : Sawtelle

HOUSEHOLDS
16,368
POPULATION

34,563

82.6%Renters
17.4%Home Owners
LABOR FORCE

 

83.7%White Collar
16.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,511 per month.

MY RENT : $2,511 MEDIAN RENT : $3,932

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,511 would therefore be considered affordable for annual household incomes greater than $100,440 (12 months x 3.333 x $2,511).

Rent % Affordability
Above $500 85.2%
Above $700 78.7%
Above $1,100 67.1%
Above $1,500 55.6%
Above $1,900 44.5%
HOUSEHOLD INCOME RANGE

Approximately 3,062 of households in this neighborhood have a total annual income of $100,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,511 per month.

MINIMUM INCOME RANGE : $100,440

Income % Distribution
<$20K 14.8%
$20K-$35K 11.4%
$35K-$60K 18.2%
$60K-$100K 24.3%
>=$100K 31.3%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.6%
5-9 mins 8.6%
10-14 mins 14.7%
15-19 mins 19.2%
20-29 mins 20.1%
30-44 mins 22.9%
45-59 mins 7.6%
>60 mins 4.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,511 per month.

MY RENT : $2,511 MEDIAN RENT : $3,932

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,511 would therefore be considered affordable for annual household incomes greater than $100,440 (12 months x 3.333 x $2,511).

Rent % Affordability
Above $500 85.2%
Above $700 78.7%
Above $1,100 67.1%
Above $1,500 55.6%
Above $1,900 44.5%
HOUSEHOLD INCOME RANGE

Approximately 3,062 of households in this neighborhood have a total annual income of $100,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,511 per month.

MINIMUM INCOME RANGE : $100,440

Income % Distribution
<$20K 14.8%
$20K-$35K 11.4%
$35K-$60K 18.2%
$60K-$100K 24.3%
>=$100K 31.3%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.6%
5-9 mins 8.6%
10-14 mins 14.7%
15-19 mins 19.2%
20-29 mins 20.1%
30-44 mins 22.9%
45-59 mins 7.6%
>60 mins 4.4%

Sawtelle Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 14.0%
Educational Services 10.1%
Health Care & Social Assistance 9.9%
Information 9.7%
Professional & Scientific Tech Services 19.9%
Retail & Wholesale Trader 10.3%
Other 26.1%
AGE DISTRIBUTION

69% of the population is between the ages of 25 and 64, 21% is 24 or younger and 10% is 65 or older.

Age % Distribution
<15 9.8%
15-19 2.2%
20-24 9.5%
25-44 49.8%
45-65 19.0%
66+ 9.8%
OCCUPATION

Occupation % Distribution
Adesm 8.4%
Computer Engineering 11.8%
Construction 5.5%
Healthcare 4.9%
Management, Business, & Financial 28.5%
Sales & Office 19.9%
Other 21.1%
HIGHEST EDUCATION LEVEL

29% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.8%
High School 8.7%
Masters Degree 15.2%
Some College 14.6%
Some High School 8.9%
Other 47.9%

1325 Wellesley Ave 103 Comps

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1325 Wellesley Ave 103, West Los Angeles, CA 90025 is a single family home of 726 sqft. HomeUnion INVESTimateĀ® for 1325 Wellesley Ave 103 includes a Price Estimate of $523,779 and a Rent Estimate of $2,511. This single family home has 1 bedrooms,1 bathrooms, and was built in 1972. This property has an estimated 15 year annualized Yield of 5.75% and Total Return of 26.83%. The estimated 1 year forecast in home value for 1325 Wellesley Ave 103 is 8.27%.

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 90025 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2