INVESTimate
$112,940
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741 E 103rd Pl PROPERTY INFO
FACTS
- Built In 1944
- Price/Sqft : $406.79
CONSTRUCTION
- Beds : 3
- Floor Size : 941 sqft
- Baths : 1 Full
741 E 103rd Pl SCHOOLS
Financial Details
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Green Meadows
Neighborhood : Green Meadows
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 99% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,993 per month.
MY RENT : $1,993 MEDIAN RENT : $2,171
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 $1,993 would therefore be considered affordable for annual household incomes greater than $79,720 (12 months x 3.333 x $1,993).
HOUSEHOLD INCOME RANGE
Approximately 844 of households in this neighborhood have a total annual income of $79,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,993 per month.
MINIMUM INCOME RANGE : $79,720
COMMUTE TIME DISTRIBUTION
65% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.
Green Meadows Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 9.1% |
Construction | 9.1% |
Health Care & Social Assistance | 10.9% |
Manufacturing | 15.7% |
Retail & Wholesale Trader | 16.8% |
Transportation | 9.1% |
Other | 29.3% |
AGE DISTRIBUTION
47% of the population is between the ages of 25 and 64, 46% is 24 or younger and 7% is 65 or older.
Age | % Distribution |
---|---|
<15 | 27.9% |
15-19 | 8.5% |
20-24 | 9.2% |
25-44 | 26.7% |
45-65 | 20.3% |
66+ | 7.4% |
OCCUPATION
Occupation | % Distribution |
---|---|
Clean | 10.0% |
Education | 4.3% |
Healthcare | 4.7% |
Natural Resources Maintenance | 11.4% |
Production & Transportation | 31.7% |
Sales & Office | 23.8% |
Other | 14.2% |
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 | 3.8% |
High School | 25.3% |
Masters Degree | 1.2% |
Some College | 19.1% |
Some High School | 46.3% |
Other | 4.4% |
741 E 103rd Pl Comps
741 E 103rd Pl, Los Angeles, CA 90002 is a single family home of 941 sqft. HomeUnion INVESTimateĀ® for 741 E 103rd Pl includes a Price Estimate of $382,793 and a Rent Estimate of $1,993. This single family home has 3 bedrooms,1 bathrooms, and was built in 1944. This property has an estimated 15 year annualized Yield of 6.25% and Total Return of 38.18%. The estimated 1 year forecast in home value for 741 E 103rd Pl is 13.68%.
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 90002 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2