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969 Hilgard Ave 505 PROPERTY INFO
FACTS
- Built In 1961
- Price/Sqft : $939.30
CONSTRUCTION
- Beds : 1
- Floor Size : 754 sqft
- Baths : 1 Full
969 Hilgard Ave 505 SCHOOLS
Financial Details
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Westwood Village
Neighborhood : Westwood Village
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 $3,626 per month.
MY RENT : $3,626 MEDIAN RENT : $3,406
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 $3,626 would therefore be considered affordable for annual household incomes greater than $145,040 (12 months x 3.333 x $3,626).
HOUSEHOLD INCOME RANGE
Approximately 82 of households in this neighborhood have a total annual income of $145,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,626 per month.
MINIMUM INCOME RANGE : $145,040
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.
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 505 Comps
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969 Hilgard Ave 505, Los Angeles, CA 90024 is a single family home of 754 sqft. HomeUnion INVESTimateĀ® for 969 Hilgard Ave 505 includes a Price Estimate of $708,235 and a Rent Estimate of $3,626. This single family home has 1 bedrooms,1 bathrooms, and was built in 1961. This property has an estimated 15 year annualized Yield of 6.14% and Total Return of 25.42%. The estimated 1 year forecast in home value for 969 Hilgard Ave 505 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
