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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

5943 Miramonte Blvd Los Angeles, CA 90001

3 Beds 2 Baths 336 sqft Built 1923
Last updated:  Oct 23, 2019

INVESTimate

$968,197

$889K - $1.05M

Price Est.

$2,315

$1.9K - $2.7K

Rent Est.

$1,100,453  ( +13.66%)   1 YR EST. FORECAST
  
  
  

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5943 Miramonte Blvd PROPERTY INFO

FACTS
  • Built In 1923
  • Price/Sqft : $2,881.54
CONSTRUCTION
  • Beds : 3
  • Floor Size : 336 sqft
  • Baths : 2 Full

5943 Miramonte Blvd SCHOOLS

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Financial Details

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Neighborhood

LOS ANGELES

  • 58,597

    POPULATION
  • 13,771

    HOUSEHOLDS
  • 29.1%

    WHITE COLLAR

Neighborhood : LOS ANGELES

HOUSEHOLDS
13,771
POPULATION

58,597

64.7%Renters
35.3%Home Owners
LABOR FORCE

 

29.1%White Collar
70.9%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 $2,315 per month.

MY RENT : $2,315 MEDIAN RENT : $2,338

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 $2,315 would therefore be considered affordable for annual household incomes greater than $92,600 (12 months x 3.333 x $2,315).

Rent % Affordability
Above $500 75.4%
Above $700 61.9%
Above $1,100 39.3%
Above $1,500 26.3%
Above $1,900 17.2%
HOUSEHOLD INCOME RANGE

Approximately 1,355 of households in this neighborhood have a total annual income of $92,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,315 per month.

MINIMUM INCOME RANGE : $92,600

Income % Distribution
<$20K 24.6%
$20K-$35K 24.0%
$35K-$60K 25.1%
$60K-$100K 17.8%
>=$100K 8.5%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.3%
5-9 mins 4.8%
10-14 mins 6.1%
15-19 mins 11.1%
20-29 mins 19.4%
30-44 mins 33.6%
45-59 mins 9.8%
>60 mins 14.0%
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 $2,315 per month.

MY RENT : $2,315 MEDIAN RENT : $2,338

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 $2,315 would therefore be considered affordable for annual household incomes greater than $92,600 (12 months x 3.333 x $2,315).

Rent % Affordability
Above $500 75.4%
Above $700 61.9%
Above $1,100 39.3%
Above $1,500 26.3%
Above $1,900 17.2%
HOUSEHOLD INCOME RANGE

Approximately 1,355 of households in this neighborhood have a total annual income of $92,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,315 per month.

MINIMUM INCOME RANGE : $92,600

Income % Distribution
<$20K 24.6%
$20K-$35K 24.0%
$35K-$60K 25.1%
$60K-$100K 17.8%
>=$100K 8.5%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.3%
5-9 mins 4.8%
10-14 mins 6.1%
15-19 mins 11.1%
20-29 mins 19.4%
30-44 mins 33.6%
45-59 mins 9.8%
>60 mins 14.0%

LOS ANGELES Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 10.5%
Construction 10.1%
Health Care & Social Assistance 9.3%
Manufacturing 20.3%
Retail & Wholesale Trader 16.3%
Transportation 8.2%
Other 25.4%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 43% is 24 or younger and 7% is 65 or older.

Age % Distribution
<15 26.1%
15-19 8.6%
20-24 8.8%
25-44 29.3%
45-65 20.1%
66+ 7.1%
OCCUPATION

Occupation % Distribution
Clean 7.0%
Education 5.0%
Management, Business, & Financial 4.8%
Natural Resources Maintenance 14.8%
Production & Transportation 32.8%
Sales & Office 20.8%
Other 14.7%
HIGHEST EDUCATION LEVEL

4% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 3.4%
High School 24.0%
Masters Degree 0.5%
Some College 12.5%
Some High School 55.9%
Other 3.8%

5943 Miramonte Blvd Comps

Sorry, we do not have sufficient data available.

5943 Miramonte Blvd, Los Angeles, CA 90001 is a single family home of 336 sqft. HomeUnion INVESTimateĀ® for 5943 Miramonte Blvd includes a Price Estimate of $968,197 and a Rent Estimate of $2,315. This single family home has 3 bedrooms,2 bathrooms, and was built in 1923. This property has an estimated 15 year annualized Yield of 2.87% and Total Return of 29.82%. The estimated 1 year forecast in home value for 5943 Miramonte Blvd is 13.66%.

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 90001 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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