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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

2019 Griffith Ave Los Angeles, CA 90011

2 Beds 1 Baths 924 sqft Built 1905
Last updated:  Jul 30, 2018

INVESTimate

$352,734

$319K - $386K

Price Est.

$1,996

$1.8K - $2.2K

Rent Est.

$379,436  ( +7.57%)   1 YR EST. FORECAST
  
  
  

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2019 Griffith Ave PROPERTY INFO

FACTS
  • Built In 1905
  • Price/Sqft : $381.75
CONSTRUCTION
  • Beds : 2
  • Floor Size : 924 sqft
  • Baths : 1 Full

2019 Griffith Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SAN PEDRO STREET ELEMENTARY SCHOOL Primary Regular 668 31 5
JOHN ADAMS MIDDLE SCHOOL Middle Regular 1,081 61 3
NAVA COLLEGE PREPARATORY ACADEMY High Unknown NA

SAN PEDRO STREET ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 668
  • # of teachers: 31
5
GreatSchools Rating

JOHN ADAMS MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,081
  • # of teachers: 61
3
GreatSchools Rating

NAVA COLLEGE PREPARATORY ACADEMY

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

Financial Details

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Neighborhood

Menio Park

  • 4,114

    POPULATION
  • 905

    HOUSEHOLDS
  • 23.9%

    WHITE COLLAR

Neighborhood : Menio Park

HOUSEHOLDS
905
POPULATION

4,114

87.1%Renters
12.9%Home Owners
LABOR FORCE

 

23.9%White Collar
76.1%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 $1,996 per month.

MY RENT : $1,996 MEDIAN RENT : $2,712

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 $1,996 would therefore be considered affordable for annual household incomes greater than $79,840 (12 months x 3.333 x $1,996).

Rent % Affordability
Above $500 60.8%
Above $700 46.0%
Above $1,100 27.7%
Above $1,500 13.1%
Above $1,900 8.5%
HOUSEHOLD INCOME RANGE

Approximately 70 of households in this neighborhood have a total annual income of $79,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,996 per month.

MINIMUM INCOME RANGE : $79,840

Income % Distribution
<$20K 39.2%
$20K-$35K 24.0%
$35K-$60K 23.8%
$60K-$100K 6.7%
>=$100K 6.4%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 7.5%
10-14 mins 16.4%
15-19 mins 13.0%
20-29 mins 14.8%
30-44 mins 35.1%
45-59 mins 5.9%
>60 mins 7.4%
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 $1,996 per month.

MY RENT : $1,996 MEDIAN RENT : $2,712

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 $1,996 would therefore be considered affordable for annual household incomes greater than $79,840 (12 months x 3.333 x $1,996).

Rent % Affordability
Above $500 60.8%
Above $700 46.0%
Above $1,100 27.7%
Above $1,500 13.1%
Above $1,900 8.5%
HOUSEHOLD INCOME RANGE

Approximately 70 of households in this neighborhood have a total annual income of $79,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,996 per month.

MINIMUM INCOME RANGE : $79,840

Income % Distribution
<$20K 39.2%
$20K-$35K 24.0%
$35K-$60K 23.8%
$60K-$100K 6.7%
>=$100K 6.4%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 7.5%
10-14 mins 16.4%
15-19 mins 13.0%
20-29 mins 14.8%
30-44 mins 35.1%
45-59 mins 5.9%
>60 mins 7.4%

Menio Park Demographics

INDUSTRY

Industry % Distribution
Administrative Support 10.3%
Arts & Entertainment 5.2%
Construction 6.1%
Health Care & Social Assistance 6.6%
Manufacturing 37.7%
Retail & Wholesale Trader 15.7%
Other 18.3%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 41% is 24 or younger and 5% is 65 or older.

Age % Distribution
<15 27.0%
15-19 7.0%
20-24 7.3%
25-44 35.5%
45-65 18.3%
66+ 4.9%
OCCUPATION

Occupation % Distribution
Clean 9.4%
Education 5.6%
Healthcare 4.2%
Natural Resources Maintenance 10.3%
Production & Transportation 45.7%
Sales & Office 18.2%
Other 6.7%
HIGHEST EDUCATION LEVEL

1% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 1.2%
High School 18.3%
Masters Degree 0.1%
Some College 11.7%
Some High School 63.5%
Other 5.2%

2019 Griffith Ave Comps

Sorry, we do not have sufficient data available.

2019 Griffith Ave, Los Angeles, CA 90011 is a single family home of 924 sqft. HomeUnion INVESTimate® for 2019 Griffith Ave includes a Price Estimate of $352,734 and a Rent Estimate of $1,996. This single family home has 2 bedrooms,1 bathrooms, and was built in 1905. This property has an estimated 15 year annualized Yield of 6.79% and Total Return of 27.72%. The estimated 1 year forecast in home value for 2019 Griffith Ave 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 90011 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2