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1634 Malcolm Ave 2 PROPERTY INFO
FACTS
- Built In 2009
- Price/Sqft : $746.65
CONSTRUCTION
- Beds : 4
- Floor Size : 2,500 sqft
- Baths : 4 Full
1634 Malcolm Ave 2 SCHOOLS
Financial Details
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Westwood
Neighborhood : Westwood
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 $7,772 per month.
MY RENT : $7,772 MEDIAN RENT : $5,416
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 $7,772 would therefore be considered affordable for annual household incomes greater than $310,880 (12 months x 3.333 x $7,772).
HOUSEHOLD INCOME RANGE
Approximately -1,780 of households in this neighborhood have a total annual income of $310,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $7,772 per month.
MINIMUM INCOME RANGE : $310,880
COMMUTE TIME DISTRIBUTION
62% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.
Westwood Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 11.3% |
| Educational Services | 27.1% |
| Health Care & Social Assistance | 11.6% |
| Information | 6.4% |
| Professional & Scientific Tech Services | 13.0% |
| Retail & Wholesale Trader | 9.4% |
| Other | 21.1% |
AGE DISTRIBUTION
36% of the population is between the ages of 25 and 64, 52% is 24 or younger and 12% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 5.7% |
| 15-19 | 19.9% |
| 20-24 | 26.7% |
| 25-44 | 22.4% |
| 45-65 | 13.6% |
| 66+ | 11.7% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Adesm | 7.8% |
| Computer Engineering | 8.6% |
| Construction | 10.6% |
| Healthcare | 11.8% |
| Management, Business, & Financial | 28.9% |
| Sales & Office | 18.7% |
| Other | 13.6% |
HIGHEST EDUCATION LEVEL
42% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Doctorate | 6.1% |
| High School | 7.1% |
| Masters Degree | 19.1% |
| Professional | 11.8% |
| Some College | 12.6% |
| Other | 43.3% |
1634 Malcolm Ave 2 Comps
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1634 Malcolm Ave 2, Los Angeles, CA 90024 is a single family home of 2,500 sqft. HomeUnion INVESTimateĀ® for 1634 Malcolm Ave 2 includes a Price Estimate of $1,866,613 and a Rent Estimate of $7,772. This single family home has 4 bedrooms,4 bathrooms, and was built in 2009. This property has an estimated 15 year annualized Yield of 5.00% and Total Return of 22.86%. The estimated 1 year forecast in home value for 1634 Malcolm Ave 2 is 7.14%.
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 90024 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
