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

6021 Gage Ave 4 Bell Gardens, CA 90201

2 Beds 1 Baths 858 sqft Built 1965
Last updated:  Jan 23, 2020

INVESTimate

$266,137

$249K - $283K

Price Est.

$1,812

$1.7K - $1.9K

Rent Est.

$286,656  ( +7.71%)   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

6021 Gage Ave 4 PROPERTY INFO

FACTS
  • Built In 1965
  • Price/Sqft : $310.18
CONSTRUCTION
  • Beds : 2
  • Floor Size : 858 sqft
  • Baths : 1 Full

6021 Gage Ave 4 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LAGUNA NUEVA Primary Regular 428 13 NA
LAGUNA NUEVA Middle Regular 428 13 NA
BELL GARDENS HIGH SCHOOL High Regular 3,269 147 NA

LAGUNA NUEVA

  • Education Level: Primary
  • # of students: 428
  • # of teachers: 13
-1
GreatSchools Rating

LAGUNA NUEVA

  • Education Level: Middle
  • # of students: 428
  • # of teachers: 13
-1
GreatSchools Rating

BELL GARDENS HIGH SCHOOL

  • Education Level: High
  • # of students: 3,269
  • # of teachers: 147
-1
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

Bell Gardens

  • 42,642

    POPULATION
  • 9,459

    HOUSEHOLDS
  • 30.2%

    WHITE COLLAR

Neighborhood : Bell Gardens

HOUSEHOLDS
9,459
POPULATION

42,642

77.2%Renters
22.8%Home Owners
LABOR FORCE

 

30.2%White Collar
69.8%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 $1,812 per month.

MY RENT : $1,812 MEDIAN RENT : $2,248

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 $1,812 would therefore be considered affordable for annual household incomes greater than $72,480 (12 months x 3.333 x $1,812).

Rent % Affordability
Above $500 80.5%
Above $700 67.9%
Above $1,100 42.7%
Above $1,500 26.6%
Above $1,900 17.7%
HOUSEHOLD INCOME RANGE

Approximately 1,263 of households in this neighborhood have a total annual income of $72,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,812 per month.

MINIMUM INCOME RANGE : $72,480

Income % Distribution
<$20K 19.5%
$20K-$35K 24.8%
$35K-$60K 29.1%
$60K-$100K 18.3%
>=$100K 8.3%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 3.4%
10-14 mins 11.3%
15-19 mins 14.7%
20-29 mins 21.0%
30-44 mins 31.0%
45-59 mins 8.0%
>60 mins 8.8%
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 $1,812 per month.

MY RENT : $1,812 MEDIAN RENT : $2,248

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 $1,812 would therefore be considered affordable for annual household incomes greater than $72,480 (12 months x 3.333 x $1,812).

Rent % Affordability
Above $500 80.5%
Above $700 67.9%
Above $1,100 42.7%
Above $1,500 26.6%
Above $1,900 17.7%
HOUSEHOLD INCOME RANGE

Approximately 1,263 of households in this neighborhood have a total annual income of $72,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,812 per month.

MINIMUM INCOME RANGE : $72,480

Income % Distribution
<$20K 19.5%
$20K-$35K 24.8%
$35K-$60K 29.1%
$60K-$100K 18.3%
>=$100K 8.3%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 3.4%
10-14 mins 11.3%
15-19 mins 14.7%
20-29 mins 21.0%
30-44 mins 31.0%
45-59 mins 8.0%
>60 mins 8.8%

Bell Gardens Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 10.1%
Construction 8.2%
Health Care & Social Assistance 10.5%
Manufacturing 18.9%
Retail & Wholesale Trader 21.4%
Transportation 7.8%
Other 23.0%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 45% is 24 or younger and 6% is 65 or older.

Age % Distribution
<15 27.9%
15-19 8.9%
20-24 8.2%
25-44 30.7%
45-65 18.6%
66+ 5.6%
OCCUPATION

Occupation % Distribution
Education 4.4%
Healthcare 4.4%
Management, Business, & Financial 4.2%
Natural Resources Maintenance 13.2%
Production & Transportation 36.6%
Sales & Office 23.1%
Other 14.1%
HIGHEST EDUCATION LEVEL

5% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.0%
High School 24.5%
Masters Degree 0.9%
Some College 10.4%
Some High School 55.7%
Other 4.5%

6021 Gage Ave 4 Comps

Sorry, we do not have sufficient data available.

6021 Gage Ave 4, Bell Gardens, CA 90201 is a single family home of 858 sqft. HomeUnion INVESTimateĀ® for 6021 Gage Ave 4 includes a Price Estimate of $266,137 and a Rent Estimate of $1,812. This single family home has 2 bedrooms,1 bathrooms, and was built in 1965. This property has an estimated 15 year annualized Yield of 8.17% and Total Return of 25.99%. The estimated 1 year forecast in home value for 6021 Gage Ave 4 is 7.71%.

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 90201 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 90040
  2. 90270
  3. 90240
  4. 90241
  5. 90280
  6. 90640
  7. 90255