Financial DetailsOTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
520 Midvale Ave PROPERTY INFO
FACTS
- Built In 1936
- Price/Sqft : $412.38
CONSTRUCTION
- Beds : 6
- Floor Size : 3,789 sqft
- Baths : 3 Full
520 Midvale Ave SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
Westwood North Village
Neighborhood : Westwood North Village
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 $6,621 per month.
MY RENT : $6,621 MEDIAN RENT : $3,115
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 $6,621 would therefore be considered affordable for annual household incomes greater than $264,840 (12 months x 3.333 x $6,621).
HOUSEHOLD INCOME RANGE
Approximately -24 of households in this neighborhood have a total annual income of $264,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $6,621 per month.
MINIMUM INCOME RANGE : $264,840
COMMUTE TIME DISTRIBUTION
71% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.
Westwood North Village Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 16.3% |
| Educational Services | 42.8% |
| Health Care & Social Assistance | 9.6% |
| Information | 3.8% |
| Professional & Scientific Tech Services | 6.5% |
| Retail & Wholesale Trader | 7.8% |
| Other | 13.1% |
AGE DISTRIBUTION
25% of the population is between the ages of 25 and 64, 75% is 24 or younger and 1% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 1.3% |
| 15-19 | 9.2% |
| 20-24 | 64.3% |
| 25-44 | 20.3% |
| 45-65 | 4.2% |
| 66+ | 0.6% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Adesm | 13.1% |
| Computer Engineering | 6.4% |
| Construction | 20.3% |
| Healthcare | 14.7% |
| Management, Business, & Financial | 17.0% |
| Sales & Office | 16.5% |
| Other | 12.0% |
HIGHEST EDUCATION LEVEL
40% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Doctorate | 8.0% |
| Masters Degree | 20.4% |
| Professional | 8.5% |
| Some College | 13.7% |
| Some High School | 3.5% |
| Other | 45.9% |
520 Midvale Ave Comps
Sorry, we do not have sufficient data available.
520 Midvale Ave, Los Angeles, CA 90024 is a single family home of 3,789 sqft. HomeUnion INVESTimateĀ® for 520 Midvale Ave includes a Price Estimate of $1,562,517 and a Rent Estimate of $6,621. This single family home has 6 bedrooms,3 bathrooms, and was built in 1936. This property has an estimated 15 year annualized Yield of 5.08% and Total Return of 23.75%. The estimated 1 year forecast in home value for 520 Midvale Ave is 9.84%.
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
