354 Hilgard Ave PROPERTY INFO
FACTS
- Built In 1932
- Price/Sqft : $839.72
CONSTRUCTION
- Beds : 5
- Floor Size : 4,240 sqft
- Baths : 5 Full
PROPERTY DESCRIPTION
354 Hilgard Ave, Los Angeles, CA 90024 is a single family home of 4,240 sqft. HomeUnion estimate for 354 Hilgard Ave includes a Price Estimate of $3,560,431 and a Rent Estimate of $11,616. This single family home has 5 bedrooms, 5 bathrooms, and was built in 1932. This property has an estimated 15 year annualized Yield of 3.92% and Total Return of 16.30%. The estimated 1 year forecast in home value for 354 Hilgard Ave is 7.14%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
354 Hilgard Ave 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 $11,616 per month.
MY RENT : $11,616 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 $11,616 would therefore be considered affordable for annual household incomes greater than $464,640 (12 months x 3.333 x $11,616).
HOUSEHOLD INCOME RANGE
Approximately -6,276 of households in this neighborhood have a total annual income of $464,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $11,616 per month.
MINIMUM INCOME RANGE : $464,640
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% |
354 Hilgard Ave Comps
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