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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

1499 Briarglen Ave Westlake Village, CA 91361

3 Beds 2 Baths 1,605 sqft Built 1976
Last updated:  Jan 23, 2020

INVESTimate

$806,917

$774K - $840K

Price Est.

$3,840

$3.5K - $4.1K

Rent Est.

$857,753  ( +6.3%)   1 YR EST. FORECAST
  
  
  

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1499 Briarglen Ave PROPERTY INFO

FACTS
  • Built In 1976
  • Price/Sqft : $502.75
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,605 sqft
  • Baths : 2 Full

1499 Briarglen Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WESTLAKE ELEMENTARY SCHOOL Primary Regular 543 24 9
COLINA MIDDLE SCHOOL Middle Regular 1,058 45 9
WESTLAKE HIGH SCHOOL High Regular 2,380 89 10

WESTLAKE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 543
  • # of teachers: 24
9
GreatSchools Rating

COLINA MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,058
  • # of teachers: 45
9
GreatSchools Rating

WESTLAKE HIGH SCHOOL

  • Education Level: High
  • # of students: 2,380
  • # of teachers: 89
10
GreatSchools Rating
 

Financial Details

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Neighborhood

Westlake

  • 12,095

    POPULATION
  • 4,934

    HOUSEHOLDS
  • 81.9%

    WHITE COLLAR

Neighborhood : Westlake

HOUSEHOLDS
4,934
POPULATION

12,095

29.6%Renters
70.4%Home Owners
LABOR FORCE

 

81.9%White Collar
18.1%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 $3,840 per month.

MY RENT : $3,840 MEDIAN RENT : $4,059

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 $3,840 would therefore be considered affordable for annual household incomes greater than $153,600 (12 months x 3.333 x $3,840).

Rent % Affordability
Above $500 89.9%
Above $700 86.8%
Above $1,100 76.8%
Above $1,500 66.9%
Above $1,900 59.1%
HOUSEHOLD INCOME RANGE

Approximately 875 of households in this neighborhood have a total annual income of $153,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,840 per month.

MINIMUM INCOME RANGE : $153,600

Income % Distribution
<$20K 10.1%
$20K-$35K 7.8%
$35K-$60K 15.2%
$60K-$100K 20.9%
>=$100K 46.0%
COMMUTE TIME DISTRIBUTION

41% of the working population has a commute time of 15 to 44 minutes, 39% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.9%
5-9 mins 16.4%
10-14 mins 16.6%
15-19 mins 13.4%
20-29 mins 13.4%
30-44 mins 14.2%
45-59 mins 7.7%
>60 mins 12.4%
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 $3,840 per month.

MY RENT : $3,840 MEDIAN RENT : $4,059

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 $3,840 would therefore be considered affordable for annual household incomes greater than $153,600 (12 months x 3.333 x $3,840).

Rent % Affordability
Above $500 89.9%
Above $700 86.8%
Above $1,100 76.8%
Above $1,500 66.9%
Above $1,900 59.1%
HOUSEHOLD INCOME RANGE

Approximately 875 of households in this neighborhood have a total annual income of $153,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,840 per month.

MINIMUM INCOME RANGE : $153,600

Income % Distribution
<$20K 10.1%
$20K-$35K 7.8%
$35K-$60K 15.2%
$60K-$100K 20.9%
>=$100K 46.0%
COMMUTE TIME DISTRIBUTION

41% of the working population has a commute time of 15 to 44 minutes, 39% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.9%
5-9 mins 16.4%
10-14 mins 16.6%
15-19 mins 13.4%
20-29 mins 13.4%
30-44 mins 14.2%
45-59 mins 7.7%
>60 mins 12.4%

Westlake Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.6%
Financial Industries 9.4%
Health Care & Social Assistance 8.8%
Manufacturing 9.1%
Professional & Scientific Tech Services 16.7%
Retail & Wholesale Trader 11.6%
Other 35.7%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 27% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 14.6%
15-19 8.7%
20-24 3.6%
25-44 19.9%
45-65 31.1%
66+ 22.1%
OCCUPATION

Occupation % Distribution
Adesm 4.8%
Computer Engineering 6.8%
Healthcare 6.1%
Management, Business, & Financial 31.7%
Production & Transportation 5.3%
Sales & Office 27.8%
Other 17.5%
HIGHEST EDUCATION LEVEL

27% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.6%
High School 12.7%
Masters Degree 13.1%
Some College 20.1%
Some High School 7.1%
Other 39.5%

1499 Briarglen Ave Comps

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1499 Briarglen Ave, Westlake Village, CA 91361 is a single family home of 1,605 sqft. HomeUnion INVESTimateĀ® for 1499 Briarglen Ave includes a Price Estimate of $806,917 and a Rent Estimate of $3,840. This single family home has 3 bedrooms,2 bathrooms, and was built in 1976. This property has an estimated 15 year annualized Yield of 5.71% and Total Return of 21.25%. The estimated 1 year forecast in home value for 1499 Briarglen Ave is 6.3%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , VENTURA County , or the 91361 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 93003
  2. 91362
  3. 93033