Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

28121 Highridge Rd 207 Rolling Hills Estates, CA 90275

1 Beds 1 Baths 709 sqft Built 1974
Last updated:  Jan 23, 2020

INVESTimate

$426,223

$411K - $441K

Price Est.

$2,432

$2.3K - $2.6K

Rent Est.

$447,790  ( +5.06%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 4211 Brookhead Trail Houston, TX
    • 3 beds 2 baths ∙ 1,713 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,713 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.02% GROSS YIELD
    • $7,950 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $119,000
    • $37,285
    • $1,390
  • 533 NARROW BROOK DRIVE Indianapolis, IN
    • 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units
    AVAILABLE
    • 13.93% GROSS YIELD
    • $8,115 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,500
    • $32,912
    • $1,190

28121 Highridge Rd 207 PROPERTY INFO

FACTS
  • Built In 1974
  • Price/Sqft : $601.16
CONSTRUCTION
  • Beds : 1
  • Floor Size : 709 sqft
  • Baths : 1 Full

28121 Highridge Rd 207 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MONTEMALAGA ELEMENTARY SCHOOL Primary Regular 456 17 9
RIDGECREST INTERMEDIATE SCHOOL Middle Regular 932 35 10
PALOS VERDES HIGH SCHOOL High Regular 1,695 70 10

MONTEMALAGA ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 456
  • # of teachers: 17
9
GreatSchools Rating

RIDGECREST INTERMEDIATE SCHOOL

  • Education Level: Middle
  • # of students: 932
  • # of teachers: 35
10
GreatSchools Rating

PALOS VERDES HIGH SCHOOL

  • Education Level: High
  • # of students: 1,695
  • # of teachers: 70
10
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

Rancho Palos Verdes

  • 42,948

    POPULATION
  • 16,078

    HOUSEHOLDS
  • 87.9%

    WHITE COLLAR

Neighborhood : Rancho Palos Verdes

HOUSEHOLDS
16,078
POPULATION

42,948

19.9%Renters
80.1%Home Owners
LABOR FORCE

 

87.9%White Collar
12.1%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 $2,432 per month.

MY RENT : $2,432 MEDIAN RENT : $4,442

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 $2,432 would therefore be considered affordable for annual household incomes greater than $97,280 (12 months x 3.333 x $2,432).

Rent % Affordability
Above $500 93.2%
Above $700 89.5%
Above $1,100 82.9%
Above $1,500 75.6%
Above $1,900 68.1%
HOUSEHOLD INCOME RANGE

Approximately 9,451 of households in this neighborhood have a total annual income of $97,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,432 per month.

MINIMUM INCOME RANGE : $97,280

Income % Distribution
<$20K 6.8%
$20K-$35K 6.9%
$35K-$60K 10.6%
$60K-$100K 17.3%
>=$100K 58.3%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.4%
5-9 mins 4.0%
10-14 mins 8.0%
15-19 mins 9.8%
20-29 mins 25.7%
30-44 mins 26.4%
45-59 mins 11.8%
>60 mins 12.9%
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 $2,432 per month.

MY RENT : $2,432 MEDIAN RENT : $4,442

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 $2,432 would therefore be considered affordable for annual household incomes greater than $97,280 (12 months x 3.333 x $2,432).

Rent % Affordability
Above $500 93.2%
Above $700 89.5%
Above $1,100 82.9%
Above $1,500 75.6%
Above $1,900 68.1%
HOUSEHOLD INCOME RANGE

Approximately 9,451 of households in this neighborhood have a total annual income of $97,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,432 per month.

MINIMUM INCOME RANGE : $97,280

Income % Distribution
<$20K 6.8%
$20K-$35K 6.9%
$35K-$60K 10.6%
$60K-$100K 17.3%
>=$100K 58.3%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.4%
5-9 mins 4.0%
10-14 mins 8.0%
15-19 mins 9.8%
20-29 mins 25.7%
30-44 mins 26.4%
45-59 mins 11.8%
>60 mins 12.9%

Rancho Palos Verdes Demographics

INDUSTRY

Industry % Distribution
Educational Services 10.7%
Health Care & Social Assistance 13.3%
Manufacturing 13.4%
Professional & Scientific Tech Services 12.9%
Retail & Wholesale Trader 14.0%
Transportation 6.1%
Other 29.6%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 27% is 24 or younger and 26% is 65 or older.

Age % Distribution
<15 16.4%
15-19 6.8%
20-24 3.5%
25-44 16.6%
45-65 31.2%
66+ 25.5%
OCCUPATION

Occupation % Distribution
Computer Engineering 9.7%
Construction 5.6%
Healthcare 8.5%
Management, Business, & Financial 36.2%
Production & Transportation 4.4%
Sales & Office 23.4%
Other 12.2%
HIGHEST EDUCATION LEVEL

38% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.1%
High School 10.0%
Masters Degree 18.5%
Professional 7.9%
Some College 15.3%
Other 41.2%

28121 Highridge Rd 207 Comps

Sorry, we do not have sufficient data available.

28121 Highridge Rd 207, Rolling Hills Estates, CA 90275 is a single family home of 709 sqft. HomeUnion INVESTimate¬ģ for 28121 Highridge Rd 207 includes a Price Estimate of $426,223 and a Rent Estimate of $2,432. This single family home has 1 bedrooms,1 bathrooms, and was built in 1974. This property has an estimated 15 year annualized Yield of 6.85% and Total Return of 20.93%. The estimated 1 year forecast in home value for 28121 Highridge Rd 207 is 5.06%.

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 90275 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 90274