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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

969 Hilgard Ave 409 Los Angeles, CA 90024

1 Beds 1 Baths 667 sqft Built 1961
Last updated:  Jan 23, 2020

INVESTimate

$690,332

$587K - $794K

Price Est.

$2,888

$2.6K - $3.1K

Rent Est.

$740,726  ( +7.3%)   1 YR EST. FORECAST
  
  
  

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969 Hilgard Ave 409 PROPERTY INFO

FACTS
  • Built In 1961
  • Price/Sqft : $1,034.98
CONSTRUCTION
  • Beds : 1
  • Floor Size : 667 sqft
  • Baths : 1 Full

969 Hilgard Ave 409 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

Westwood Village

  • 1,399

    POPULATION
  • 807

    HOUSEHOLDS
  • 89.5%

    WHITE COLLAR

Neighborhood : Westwood Village

HOUSEHOLDS
807
POPULATION

1,399

93.1%Renters
6.9%Home Owners
LABOR FORCE

 

89.5%White Collar
10.5%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 $2,888 per month.

MY RENT : $2,888 MEDIAN RENT : $3,406

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 $2,888 would therefore be considered affordable for annual household incomes greater than $115,520 (12 months x 3.333 x $2,888).

Rent % Affordability
Above $500 76.1%
Above $700 72.1%
Above $1,100 43.1%
Above $1,500 35.2%
Above $1,900 30.1%
HOUSEHOLD INCOME RANGE

Approximately 105 of households in this neighborhood have a total annual income of $115,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,888 per month.

MINIMUM INCOME RANGE : $115,520

Income % Distribution
<$20K 23.9%
$20K-$35K 25.3%
$35K-$60K 15.6%
$60K-$100K 11.0%
>=$100K 24.2%
COMMUTE TIME DISTRIBUTION

49% of the working population has a commute time of 15 to 44 minutes, 34% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.3%
5-9 mins 12.1%
10-14 mins 18.3%
15-19 mins 22.1%
20-29 mins 19.5%
30-44 mins 7.1%
45-59 mins 9.8%
>60 mins 8.0%
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 $2,888 per month.

MY RENT : $2,888 MEDIAN RENT : $3,406

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 $2,888 would therefore be considered affordable for annual household incomes greater than $115,520 (12 months x 3.333 x $2,888).

Rent % Affordability
Above $500 76.1%
Above $700 72.1%
Above $1,100 43.1%
Above $1,500 35.2%
Above $1,900 30.1%
HOUSEHOLD INCOME RANGE

Approximately 105 of households in this neighborhood have a total annual income of $115,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,888 per month.

MINIMUM INCOME RANGE : $115,520

Income % Distribution
<$20K 23.9%
$20K-$35K 25.3%
$35K-$60K 15.6%
$60K-$100K 11.0%
>=$100K 24.2%
COMMUTE TIME DISTRIBUTION

49% of the working population has a commute time of 15 to 44 minutes, 34% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.3%
5-9 mins 12.1%
10-14 mins 18.3%
15-19 mins 22.1%
20-29 mins 19.5%
30-44 mins 7.1%
45-59 mins 9.8%
>60 mins 8.0%

Westwood Village Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 5.2%
Arts & Entertainment 17.5%
Financial Industries 9.1%
Health Care & Social Assistance 19.5%
Professional & Scientific Tech Services 19.6%
Retail & Wholesale Trader 6.9%
Other 22.2%
AGE DISTRIBUTION

41% of the population is between the ages of 25 and 64, 41% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 1.9%
15-19 4.6%
20-24 34.5%
25-44 26.7%
45-65 14.7%
66+ 17.6%
OCCUPATION

Occupation % Distribution
Adesm 13.8%
Computer Engineering 11.9%
Healthcare 17.2%
Legal 7.7%
Management, Business, & Financial 11.5%
Sales & Office 29.1%
Other 8.8%
HIGHEST EDUCATION LEVEL

56% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Doctorate 5.8%
Masters Degree 34.1%
Professional 12.9%
Some College 11.7%
Some High School 6.1%
Other 29.4%

969 Hilgard Ave 409 Comps

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969 Hilgard Ave 409, Los Angeles, CA 90024 is a single family home of 667 sqft. HomeUnion INVESTimateĀ® for 969 Hilgard Ave 409 includes a Price Estimate of $690,332 and a Rent Estimate of $2,888. This single family home has 1 bedrooms,1 bathrooms, and was built in 1961. This property has an estimated 15 year annualized Yield of 5.02% and Total Return of 21.64%. The estimated 1 year forecast in home value for 969 Hilgard Ave 409 is 7.3%.

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