California / Los Angeles / 90042 / 1866 North Avenue 56

1866 North Avenue 56

Los Angeles, CA 90042

Listing ID: 235878

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$1,595,000

For Sale

Property Type Multifamily for Sale
Lot Size Acres 0.275
Building Sq Ft 2,565
Building Price per Sq Ft $621.83
Land Sq Ft 11,999
Land Price per Sq Ft $132.93

Description

This recently remodeled triplex in prime Highland Park will be delivered fully occupied at market rents with a total income of $9,296 per month. Located just north of York, the property is nestled at the end of a hilltop cul-de-sac on over 1/4 of an acre and feels like it's own a private compound with stunning treetop views. There are two separate buildings, one consisting of first floor 1 bedroom unit and an upper 3 bedroom 2 bath with multiple decks and a detached 1 bedroom near the rear of the property along with two separate garage spaces with room for expansion. This property is perfect for someone just starting their real estate portfolio or a seasoned investor.

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Listing Demographics for 1866 North Avenue 56 Los Angeles, CA 90042

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		35,217	226,239	655,921
Population Median Age		39	40	39
Population by Age	0-9 Yrs	3608 (10%)	25101 (11%)	70009 (10%)
	10-19 Yrs	4218 (11%)	22631 (10%)	67820 (10%)
	20-29 Yrs	4950 (14%)	32116 (14%)	100842 (15%)
	30-39 Yrs	5887 (16%)	37644 (16%)	105665 (16%)
	40-49 Yrs	4927 (13%)	31932 (14%)	91604 (13%)
	50-59 Yrs	4447 (12%)	29216 (12%)	83607 (12%)
	60-69 Yrs	3568 (10%)	23908 (10%)	67189 (10%)
	70+ Yrs	3611 (10%)	23691 (10%)	69185 (10%)

Median HH Income		$76,260	$75,762	$70,542
Total Household Income	< 24K	1750 (15%)	13517 (17%)	46561 (20%)
	25-49K	2084 (18%)	13638 (17%)	40336 (17%)
	50-74K	1721 (15%)	12081 (15%)	35424 (15%)
	75-99K	1201 (10%)	9126 (11%)	27575 (11%)
	100-199K	3132 (27%)	20600 (26%)	56702 (24%)
	200K+	1342 (11%)	10067 (12%)	26023 (11%)

Highest Education Level	No Diploma	4443	27802	84808
	Diploma or GED	4362	27755	86777
	Some College	4816	27683	77038
	Assoc. Degree	2060	12348	35499
	Bachelors Degree	6322	42556	119069
	Higher Degree	3150	26774	73284

Total Housing Units		11,763	84,771	250,313
--Owner-Occupied		6,282	35,803	90,157
--Renter-Occupied		4,949	43,225	142,463
Owner-Occupied Values	< 100K	119	576	1351
	100-199K	48	397	850
	200-299K	76	666	2093
	300-399K	327	1837	5892
	400-499K	534	3340	10026
	500K+	5178	28987	69946

Total Working Age Population		29,606	187,604	546,266
In Work Force		19,727	125,883	357,534
Not In Work Force		9,879	61,721	188,732
Workforce Employed		18,354	117,647	335,759
Workforce Unemployed		1,358	8,150	21,465
Civlian Workforce		19,712	125,797	357,224
Military Workforce		15	86	310

Total Households		11,230	79,028	232,621
Family Households		7,597	51,007	146,683
Non-Family Households		3,633	28,021	85,937
Married Couple		5,044	35,355	100,640
Other Family		2,553	15,652	46,044
Married w/Child		1,856	14,009	40,564
Single Male w/Child		362	2,220	5,206
Single Female w/Child		542	3,918	11,802

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
California	33,871,648	+10	37,253,956	+9	40,467,295	+8	43,631,295
Los Angeles County	9,519,338	+3	9,818,605	+6	10,369,367	+4	10,759,850

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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