865 Comstock Ave 8f PROPERTY INFO
FACTS
- Built In 1961
- Price/Sqft : $670.88
CONSTRUCTION
- Beds : 2
- Floor Size : 1,550 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
865 Comstock Ave 8f, Los Angeles, CA 90024 is a single family home of 1,550 sqft. HomeUnion estimate for 865 Comstock Ave 8f includes a Price Estimate of $1,039,865 and a Rent Estimate of $5,447. This single family home has 2 bedrooms, 2 bathrooms, and was built in 1961. This property has an estimated 15 year annualized Yield of 6.29% and Total Return of 45.14%. The estimated 1 year forecast in home value for 865 Comstock Ave 8f is 15.15%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
865 Comstock Ave 8f SCHOOLS
Financial Details
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Holmby Hills
Neighborhood : Holmby Hills
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 $5,447 per month.
MY RENT : $5,447 MEDIAN RENT : $6,598
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 $5,447 would therefore be considered affordable for annual household incomes greater than $217,880 (12 months x 3.333 x $5,447).
HOUSEHOLD INCOME RANGE
Approximately 31 of households in this neighborhood have a total annual income of $217,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $5,447 per month.
MINIMUM INCOME RANGE : $217,880
COMMUTE TIME DISTRIBUTION
40% of the working population has a commute time of 15 to 44 minutes, 52% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.
Holmby Hills Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Educational Services | 5.7% |
Financial Industries | 10.7% |
Health Care & Social Assistance | 25.0% |
Professional & Scientific Tech Services | 22.1% |
Real Estate | 13.9% |
Retail & Wholesale Trader | 7.5% |
Other | 15.0% |
AGE DISTRIBUTION
43% of the population is between the ages of 25 and 64, 25% is 24 or younger and 32% is 65 or older.
Age | % Distribution |
---|---|
<15 | 19.4% |
15-19 | 2.9% |
20-24 | 3.1% |
25-44 | 15.7% |
45-65 | 27.1% |
66+ | 31.7% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 1.6% |
Construction | 8.5% |
Healthcare | 11.6% |
Legal | 18.0% |
Management, Business, & Financial | 45.0% |
Sales & Office | 13.8% |
Other | 1.6% |
HIGHEST EDUCATION LEVEL
56% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Doctorate | 6.4% |
High School | 8.5% |
Masters Degree | 18.1% |
Professional | 28.0% |
Some College | 13.1% |
Other | 25.9% |
865 Comstock Ave 8f Comps
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