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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

19784 Magnolia Ave Lakeview, CA 92567

2 Beds 1 Baths 720 sqft Built 1972
Last updated:  Dec 26, 2019

INVESTimate

$292,907

$249K - $337K

Price Est.

$1,205

$1.1K - $1.4K

Rent Est.

$326,240  ( +11.38%)   1 YR EST. FORECAST
  
  
  

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19784 Magnolia Ave PROPERTY INFO

FACTS
  • Built In 1972
  • Price/Sqft : $406.82
CONSTRUCTION
  • Beds : 2
  • Floor Size : 720 sqft
  • Baths : 1 Full

19784 Magnolia Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
VALLEY VIEW ELEMENTARY SCHOOL Primary Regular 557 24 NA
MOUNTAIN SHADOWS MIDDLE SCHOOL Middle Regular 558 22 NA
HERITAGE HIGH SCHOOL High Regular 2,710 96 6

VALLEY VIEW ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 557
  • # of teachers: 24
-1
GreatSchools Rating

MOUNTAIN SHADOWS MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 558
  • # of teachers: 22
-1
GreatSchools Rating

HERITAGE HIGH SCHOOL

  • Education Level: High
  • # of students: 2,710
  • # of teachers: 96
6
GreatSchools Rating
 

Financial Details

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Neighborhood

Lakeview

  • 2,426

    POPULATION
  • 567

    HOUSEHOLDS
  • 32.4%

    WHITE COLLAR

Neighborhood : Lakeview

HOUSEHOLDS
567
POPULATION

2,426

28.9%Renters
71.1%Home Owners
LABOR FORCE

 

32.4%White Collar
67.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 95% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,205 per month.

MY RENT : $1,205 MEDIAN RENT : $1,818

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 11.1%
>=$1,500 88.9%
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 $1,205 would therefore be considered affordable for annual household incomes greater than $48,200 (12 months x 3.333 x $1,205).

Rent % Affordability
Above $500 88.6%
Above $700 82.0%
Above $1,100 68.9%
Above $1,500 57.4%
Above $1,900 45.3%
HOUSEHOLD INCOME RANGE

Approximately 348 of households in this neighborhood have a total annual income of $48,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,205 per month.

MINIMUM INCOME RANGE : $48,200

Income % Distribution
<$20K 11.4%
$20K-$35K 11.1%
$35K-$60K 20.1%
$60K-$100K 28.5%
>=$100K 28.9%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.1%
5-9 mins 3.6%
10-14 mins 3.9%
15-19 mins 11.0%
20-29 mins 19.9%
30-44 mins 22.1%
45-59 mins 18.4%
>60 mins 14.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 95% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,205 per month.

MY RENT : $1,205 MEDIAN RENT : $1,818

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 11.1%
>=$1,500 88.9%
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 $1,205 would therefore be considered affordable for annual household incomes greater than $48,200 (12 months x 3.333 x $1,205).

Rent % Affordability
Above $500 88.6%
Above $700 82.0%
Above $1,100 68.9%
Above $1,500 57.4%
Above $1,900 45.3%
HOUSEHOLD INCOME RANGE

Approximately 348 of households in this neighborhood have a total annual income of $48,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,205 per month.

MINIMUM INCOME RANGE : $48,200

Income % Distribution
<$20K 11.4%
$20K-$35K 11.1%
$35K-$60K 20.1%
$60K-$100K 28.5%
>=$100K 28.9%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.1%
5-9 mins 3.6%
10-14 mins 3.9%
15-19 mins 11.0%
20-29 mins 19.9%
30-44 mins 22.1%
45-59 mins 18.4%
>60 mins 14.9%

Lakeview Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 6.7%
Arts & Entertainment 16.5%
Construction 11.8%
Educational Services 11.2%
Health Care & Social Assistance 10.4%
Retail & Wholesale Trader 15.3%
Other 28.2%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 42% is 24 or younger and 9% is 65 or older.

Age % Distribution
<15 23.7%
15-19 9.6%
20-24 8.5%
25-44 26.7%
45-65 22.4%
66+ 9.1%
OCCUPATION

Occupation % Distribution
Clean 11.5%
Healthcare 5.3%
Management, Business, & Financial 5.3%
Natural Resources Maintenance 21.5%
Production & Transportation 22.3%
Sales & Office 11.9%
Other 22.3%
HIGHEST EDUCATION LEVEL

7% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.3%
High School 31.9%
Masters Degree 1.6%
Some College 26.2%
Some High School 23.2%
Other 12.8%

19784 Magnolia Ave Comps

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19784 Magnolia Ave, Lakeview, CA 92567 is a single family home of 720 sqft. HomeUnion INVESTimateĀ® for 19784 Magnolia Ave includes a Price Estimate of $292,907 and a Rent Estimate of $1,205. This single family home has 2 bedrooms,1 bathrooms, and was built in 1972. This property has an estimated 15 year annualized Yield of 4.94% and Total Return of 29.32%. The estimated 1 year forecast in home value for 19784 Magnolia Ave is 11.38%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , RIVERSIDE County , or the 92567 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 92550