Sell Your Property

Easily Access a network of motivated buyers
This page contains information about each property aggregated from public data sources, 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.

...MORE

This page contains information about each property aggregated from public data sources, 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.

9417 Croesus Ave Los Angeles, CA 90002

5 Beds 3 Baths 1,682 sqft Built 1928
Last updated:  Jan 23, 2020

INVESTimate

$348,697

$329K - $368K

Price Est.

$3,058

$2.7K - $3.4K

Rent Est.

$394,376  ( +13.1%)   1 YR EST. FORECAST

9417 Croesus Ave PROPERTY INFO

FACTS
  • Built In 1928
  • Price/Sqft : $207.31
CONSTRUCTION
  • Beds : 5
  • Floor Size : 1,682 sqft
  • Baths : 3 Full
PROPERTY DESCRIPTION
9417 Croesus Ave, Los Angeles, CA 90002 is a single family home of 1,682 sqft. HomeUnion estimate for 9417 Croesus Ave includes a Price Estimate of $348,697 and a Rent Estimate of $3,058. This single family home has 5 bedrooms, 3 bathrooms, and was built in 1928. This property has an estimated 15 year annualized Yield of 10.52% and Total Return of 49.39%. The estimated 1 year forecast in home value for 9417 Croesus Ave is 13.1%.
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 3301 HENDERSON MILL ROAD Atlanta, GA
    • 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units
    AVAILABLE fmls
    • 13.98% GROSS YIELD
    • $7,359 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $169,900
    • $50,774
    • $1,980
  • 1147 W ROSEWOOD AVE San Antonio, TX
    • 2 beds 2 baths ∙ 1,006 Sqft ∙ Built 1920 ∙ 2units 2 beds 2 baths ∙ 1,006 Sqft ∙ Built 1920 ∙ 2units
    AVAILABLE
    • 12.70% GROSS YIELD
    • $11,492 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $189,023
    • $61,591
    • $2,000
  • 2032 GLENRIDGE DRIVE Indianapolis, IN
    • 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units
    AVAILABLE
    • 12.40% GROSS YIELD
    • $5,248 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $90,000
    • $29,600
    • $930
  • 8610 CRYSTAL COVE CIRCLE Houston, TX
    • 3 beds 2 baths ∙ 1,176 Sqft ∙ Built 1981 ∙ 1units 3 beds 2 baths ∙ 1,176 Sqft ∙ Built 1981 ∙ 1units
    AVAILABLE
    • 12.03% GROSS YIELD
    • $6,018 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $134,700
    • $41,446
    • $1,350

9417 Croesus Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CHARLES DREW MIDDLE SCHOOL Middle Regular 1,170 66 1
ANIMO COLLEGE PREPARATORY ACADEMY High Charter 386 21 NA

CHARLES DREW MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,170
  • # of teachers: 66
1
GreatSchools Rating

ANIMO COLLEGE PREPARATORY ACADEMY

  • Education Level: High
  • # of students: 386
  • # of teachers: 21
-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

Watts

  • 43,554

    POPULATION
  • 9,911

    HOUSEHOLDS
  • 28.6%

    WHITE COLLAR

Neighborhood : Watts

HOUSEHOLDS
9,911
POPULATION

43,554

69.1%Renters
30.9%Home Owners
LABOR FORCE

 

28.6%White Collar
71.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 97% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,058 per month.

MY RENT : $3,058 MEDIAN RENT : $2,207

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 2.6%
>=$1,500 97.4%
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 $3,058 would therefore be considered affordable for annual household incomes greater than $122,320 (12 months x 3.333 x $3,058).

Rent % Affordability
Above $500 61.3%
Above $700 48.7%
Above $1,100 29.8%
Above $1,500 18.9%
Above $1,900 11.1%
HOUSEHOLD INCOME RANGE

Approximately 272 of households in this neighborhood have a total annual income of $122,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,058 per month.

MINIMUM INCOME RANGE : $122,320

Income % Distribution
<$20K 38.7%
$20K-$35K 21.7%
$35K-$60K 20.7%
$60K-$100K 13.6%
>=$100K 5.4%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 10% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.1%
5-9 mins 2.1%
10-14 mins 6.5%
15-19 mins 10.0%
20-29 mins 20.6%
30-44 mins 32.4%
45-59 mins 10.9%
>60 mins 16.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 97% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,058 per month.

MY RENT : $3,058 MEDIAN RENT : $2,207

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 2.6%
>=$1,500 97.4%
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 $3,058 would therefore be considered affordable for annual household incomes greater than $122,320 (12 months x 3.333 x $3,058).

Rent % Affordability
Above $500 61.3%
Above $700 48.7%
Above $1,100 29.8%
Above $1,500 18.9%
Above $1,900 11.1%
HOUSEHOLD INCOME RANGE

Approximately 272 of households in this neighborhood have a total annual income of $122,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,058 per month.

MINIMUM INCOME RANGE : $122,320

Income % Distribution
<$20K 38.7%
$20K-$35K 21.7%
$35K-$60K 20.7%
$60K-$100K 13.6%
>=$100K 5.4%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 10% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.1%
5-9 mins 2.1%
10-14 mins 6.5%
15-19 mins 10.0%
20-29 mins 20.6%
30-44 mins 32.4%
45-59 mins 10.9%
>60 mins 16.3%

Watts Demographics

INDUSTRY

Industry % Distribution
Administrative Support 8.7%
Arts & Entertainment 9.3%
Construction 8.8%
Health Care & Social Assistance 11.5%
Manufacturing 13.6%
Retail & Wholesale Trader 18.8%
Other 29.2%
AGE DISTRIBUTION

43% of the population is between the ages of 25 and 64, 52% is 24 or younger and 5% is 65 or older.

Age % Distribution
<15 32.3%
15-19 10.2%
20-24 9.5%
25-44 25.8%
45-65 17.1%
66+ 5.1%
OCCUPATION

Occupation % Distribution
Clean 9.4%
Management, Business, & Financial 4.4%
Natural Resources Maintenance 14.2%
PCare 4.2%
Production & Transportation 28.8%
Sales & Office 23.2%
Other 15.8%
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 3.3%
High School 27.1%
Masters Degree 0.4%
Some College 15.9%
Some High School 49.9%
Other 3.3%

9417 Croesus Ave Comps

Sorry, we do not have sufficient data available.

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

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available