1. < Lake Glen Dr

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

3028 Lake Glen Dr Los Angeles, CA 90024

3 Beds 3 Baths 2,183 sqft Built 1976
Last updated:  Jan 23, 2020

INVESTimate

$1,398,030

$1.19M - $1.61M

Price Est.

$7,251

$6.5K - $8.0K

Rent Est.

$381,978

Investment Est.

$1,483,869  ( +6.14%)   1 YR EST. FORECAST

OTHER REAL ESTATE INVESTMENT PROPERTIES

  
  
  

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 ∙ 1units 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1312 CAMELOT DRIVE Atlanta, GA
    • 4 beds 3 baths ∙ 2,110 Sqft ∙ Built 1970 ∙ 1units 4 beds 3 baths ∙ 2,110 Sqft ∙ Built 1970 ∙ 1units
    AVAILABLE fmls
    • 15.34% GROSS YIELD
    • $8,581 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $115,000
    • $36,225
    • $1,470
  • 2753 WHITEWATER COURT Austell, GA
    • 3 beds 2 baths ∙ 1,413 Sqft ∙ Built 1973 ∙ 1units 3 beds 2 baths ∙ 1,413 Sqft ∙ Built 1973 ∙ 1units
    AVAILABLE fmls
    • 13.53% GROSS YIELD
    • $7,498 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $34,900
    • $1,240
  • 5510 VILLAGE SPRINGS DRIVE Kingwood, TX
    • 4 beds 3 baths ∙ 2,591 Sqft ∙ Built 1987 ∙ 1units 4 beds 3 baths ∙ 2,591 Sqft ∙ Built 1987 ∙ 1units
    AVAILABLE
    • 13.39% GROSS YIELD
    • $12,076 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,510

3028 Lake Glen Dr PROPERTY INFO

FACTS
  • Built In 1976
  • Price/Sqft : $640.42
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,183 sqft
  • Baths : 3 Full

3028 Lake Glen Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WARNER AVENUE ELEMENTARY SCHOOL Primary Regular 679 29 NA
EMERSON COMMUNITY CHARTER SCHOOL Middle Regular 819 32 5
UNIVERSITY SENIOR HIGH SCHOOL High Regular 2,023 86 6

WARNER AVENUE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 679
  • # of teachers: 29
-1
GreatSchools Rating

EMERSON COMMUNITY CHARTER SCHOOL

  • Education Level: Middle
  • # of students: 819
  • # of teachers: 32
5
GreatSchools Rating

UNIVERSITY SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 2,023
  • # of teachers: 86
6
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

Beverly Crest

  • 8,918

    POPULATION

  • 3,660

    HOUSEHOLDS

  • 93.4%

    WHITE COLLAR

Neighborhood : Beverly Crest

HOUSEHOLDS
3,660
POPULATION

8,918

14.8%Renters
85.2%Home Owners
LABOR FORCE

 

93.4%White Collar
6.6%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 $7,251 per month.

MY RENT : $7,251 MEDIAN RENT : $10,434

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 $7,251 would therefore be considered affordable for annual household incomes greater than $290,040 (12 months x 3.333 x $7,251).

Rent % Affordability
Above $500 90.1%
Above $700 88.3%
Above $1,100 82.6%
Above $1,500 78.1%
Above $1,900 73.3%
HOUSEHOLD INCOME RANGE

Approximately -392 of households in this neighborhood have a total annual income of $290,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $7,251 per month.

MINIMUM INCOME RANGE : $290,040

Income % Distribution
<$20K 9.9%
$20K-$35K 4.2%
$35K-$60K 7.8%
$60K-$100K 11.2%
>=$100K 66.9%
COMMUTE TIME DISTRIBUTION

73% of the working population has a commute time of 15 to 44 minutes, 11% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.3%
5-9 mins 0.8%
10-14 mins 7.6%
15-19 mins 13.8%
20-29 mins 30.5%
30-44 mins 28.9%
45-59 mins 8.4%
>60 mins 7.6%
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 $7,251 per month.

MY RENT : $7,251 MEDIAN RENT : $10,434

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 $7,251 would therefore be considered affordable for annual household incomes greater than $290,040 (12 months x 3.333 x $7,251).

Rent % Affordability
Above $500 90.1%
Above $700 88.3%
Above $1,100 82.6%
Above $1,500 78.1%
Above $1,900 73.3%
HOUSEHOLD INCOME RANGE

Approximately -392 of households in this neighborhood have a total annual income of $290,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $7,251 per month.

MINIMUM INCOME RANGE : $290,040

Income % Distribution
<$20K 9.9%
$20K-$35K 4.2%
$35K-$60K 7.8%
$60K-$100K 11.2%
>=$100K 66.9%
COMMUTE TIME DISTRIBUTION

73% of the working population has a commute time of 15 to 44 minutes, 11% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.3%
5-9 mins 0.8%
10-14 mins 7.6%
15-19 mins 13.8%
20-29 mins 30.5%
30-44 mins 28.9%
45-59 mins 8.4%
>60 mins 7.6%
Beverly Crest Demographics
INDUSTRY

           

Industry % Distribution
Arts & Entertainment 9.2%
Educational Services 6.2%
Health Care & Social Assistance 16.2%
Information 12.0%
Professional & Scientific Tech Services 13.6%
Retail & Wholesale Trader 14.9%
Other 28.0%
OCCUPATION

           

Occupation % Distribution
Adesm 10.1%
Healthcare 10.0%
Legal 6.1%
Management, Business, & Financial 39.4%
PCare 6.0%
Sales & Office 18.7%
Other 9.8%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 16.2%
15-19 4.0%
20-24 3.2%
25-44 21.3%
45-65 30.6%
66+ 24.6%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelorā??s degree or higher.

Education Level % Distribution
Doctorate 6.8%
High School 9.3%
Masters Degree 16.8%
Professional 13.3%
Some College 11.9%
Other 41.8%

Beverly Crest Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.2%
Educational Services 6.2%
Health Care & Social Assistance 16.2%
Information 12.0%
Professional & Scientific Tech Services 13.6%
Retail & Wholesale Trader 14.9%
Other 28.0%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 23% is 24 or younger and 25% is 65 or older.

Age % Distribution
<15 16.2%
15-19 4.0%
20-24 3.2%
25-44 21.3%
45-65 30.6%
66+ 24.6%
OCCUPATION

Occupation % Distribution
Adesm 10.1%
Healthcare 10.0%
Legal 6.1%
Management, Business, & Financial 39.4%
PCare 6.0%
Sales & Office 18.7%
Other 9.8%
HIGHEST EDUCATION LEVEL

41% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Doctorate 6.8%
High School 9.3%
Masters Degree 16.8%
Professional 13.3%
Some College 11.9%
Other 41.8%

3028 Lake Glen Dr Comps

Sorry, we do not have sufficient data available.

3028 Lake Glen Dr, Los Angeles, CA 90024 is a single family home of 2,183 sqft. HomeUnion INVESTimateĀ® for 3028 Lake Glen Dr includes a Price Estimate of $1,398,030 and a Rent Estimate of $7,251. This single family home has 3 bedrooms,3 bathrooms, and was built in 1976. This property has an estimated 15 year annualized Yield of 6.22% and Total Return of 22.23%. The estimated 1 year forecast in home value for 3028 Lake Glen Dr is 6.14%.

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

Browse other real estate investments on Lake Glen Dr

  1. 3028 Lake Glen Dr

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Similar Investment Properties By List Price within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 90210
  2. 91604
  3. 91423
  4. 94513
  5. 90046
  6. 91606
  7. 90039
  8. 90027
  9. 90068
  10. 91607
  11. 90077
  12. 90069
  13. 91602
Resources
Contact
866-250-5610 866-250-5610
INVESTMENT PROPERTIES BY STATE
equal-house black-seal
2100 Main Street, Suite #420, Irvine CA 92614 | Nationwide Mortgage Licensing System #1189576

Copyright (c) 2021. HomeUnion - Mynd Investor Services. All Rights Reserved.