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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

875 Comstock Ave 1c Los Angeles, CA 90024

1 Beds 1 Baths 902 sqft Built 1961
Last updated:  Jan 23, 2020

INVESTimate

$759,565

$646K - $873K

Price Est.

$3,962

$3.6K - $4.3K

Rent Est.

$874,639  ( +15.15%)   1 YR EST. FORECAST
  
  
  

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875 Comstock Ave 1c PROPERTY INFO

FACTS
  • Built In 1961
  • Price/Sqft : $842.09
CONSTRUCTION
  • Beds : 1
  • Floor Size : 902 sqft
  • Baths : 1 Full

875 Comstock Ave 1c SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WARNER AVENUE ELEMENTARY SCHOOL Primary Regular 679 29 NA
EMERSON COMMUNITY CHARTER SCHOOL Middle Regular 819 32 5
UNIVERSITY SENIOR HIGH SCHOOL High Regular 2,023 86 6

WARNER AVENUE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 679
  • # of teachers: 29
-1
GreatSchools Rating

EMERSON COMMUNITY CHARTER SCHOOL

  • Education Level: Middle
  • # of students: 819
  • # of teachers: 32
5
GreatSchools Rating

UNIVERSITY SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 2,023
  • # of teachers: 86
6
GreatSchools Rating
 

Financial Details

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Neighborhood

Holmby Hills

  • 715

    POPULATION
  • 379

    HOUSEHOLDS
  • 96.8%

    WHITE COLLAR

Neighborhood : Holmby Hills

HOUSEHOLDS
379
POPULATION

715

14.4%Renters
85.6%Home Owners
LABOR FORCE

 

96.8%White Collar
3.1%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 $3,962 per month.

MY RENT : $3,962 MEDIAN RENT : $6,598

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 $3,962 would therefore be considered affordable for annual household incomes greater than $158,480 (12 months x 3.333 x $3,962).

Rent % Affordability
Above $500 87.5%
Above $700 84.4%
Above $1,100 79.1%
Above $1,500 71.4%
Above $1,900 70.1%
HOUSEHOLD INCOME RANGE

Approximately 89 of households in this neighborhood have a total annual income of $158,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,962 per month.

MINIMUM INCOME RANGE : $158,480

Income % Distribution
<$20K 12.5%
$20K-$35K 3.2%
$35K-$60K 13.0%
$60K-$100K 6.9%
>=$100K 64.5%
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.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 15.8%
10-14 mins 36.0%
15-19 mins 6.9%
20-29 mins 21.5%
30-44 mins 11.7%
45-59 mins 5.7%
>60 mins 2.4%
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 $3,962 per month.

MY RENT : $3,962 MEDIAN RENT : $6,598

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 $3,962 would therefore be considered affordable for annual household incomes greater than $158,480 (12 months x 3.333 x $3,962).

Rent % Affordability
Above $500 87.5%
Above $700 84.4%
Above $1,100 79.1%
Above $1,500 71.4%
Above $1,900 70.1%
HOUSEHOLD INCOME RANGE

Approximately 89 of households in this neighborhood have a total annual income of $158,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,962 per month.

MINIMUM INCOME RANGE : $158,480

Income % Distribution
<$20K 12.5%
$20K-$35K 3.2%
$35K-$60K 13.0%
$60K-$100K 6.9%
>=$100K 64.5%
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.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 15.8%
10-14 mins 36.0%
15-19 mins 6.9%
20-29 mins 21.5%
30-44 mins 11.7%
45-59 mins 5.7%
>60 mins 2.4%

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%

875 Comstock Ave 1c Comps

Sorry, we do not have sufficient data available.

875 Comstock Ave 1c, Los Angeles, CA 90024 is a single family home of 902 sqft. HomeUnion INVESTimateĀ® for 875 Comstock Ave 1c includes a Price Estimate of $759,565 and a Rent Estimate of $3,962. This single family home has 1 bedrooms,1 bathrooms, and was built in 1961. This property has an estimated 15 year annualized Yield of 6.26% and Total Return of 44.16%. The estimated 1 year forecast in home value for 875 Comstock Ave 1c is 15.15%.

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