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.

969 Hilgard Ave 906 Los Angeles, CA 90024

1 Beds 1 Baths 728 sqft Built 1961
Last updated:  Jan 23, 2020

INVESTimate

$697,979

$593K - $803K

Price Est.

$3,125

$2.9K - $3.4K

Rent Est.

$748,931  ( +7.3%)   1 YR EST. FORECAST

969 Hilgard Ave 906 PROPERTY INFO

FACTS
  • Built In 1961
  • Price/Sqft : $958.76
CONSTRUCTION
  • Beds : 1
  • Floor Size : 728 sqft
  • Baths : 1 Full
PROPERTY DESCRIPTION
969 Hilgard Ave 906, Los Angeles, CA 90024 is a single family home of 728 sqft. HomeUnion estimate for 969 Hilgard Ave 906 includes a Price Estimate of $697,979 and a Rent Estimate of $3,125. This single family home has 1 bedrooms, 1 bathrooms, and was built in 1961. This property has an estimated 15 year annualized Yield of 5.37% and Total Return of 22.99%. The estimated 1 year forecast in home value for 969 Hilgard Ave 906 is 7.3%.
  
  
  

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

  • 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
  • 809 California STREET Tallahassee, FL
    • 8 beds 8 baths ∙ 3,840 Sqft ∙ Built 1978 ∙ 4units 8 beds 8 baths ∙ 3,840 Sqft ∙ Built 1978 ∙ 4units
    AVAILABLE
    • 11.70% GROSS YIELD
    • $19,240 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $299,900
    • $90,974
    • $2,925

969 Hilgard Ave 906 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

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
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 $3,125 per month.

MY RENT : $3,125 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 $3,125 would therefore be considered affordable for annual household incomes greater than $125,000 (12 months x 3.333 x $3,125).

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 98 of households in this neighborhood have a total annual income of $125,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,125 per month.

MINIMUM INCOME RANGE : $125,000

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 $3,125 per month.

MY RENT : $3,125 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 $3,125 would therefore be considered affordable for annual household incomes greater than $125,000 (12 months x 3.333 x $3,125).

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 98 of households in this neighborhood have a total annual income of $125,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,125 per month.

MINIMUM INCOME RANGE : $125,000

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 906 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 90024 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2