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2469 Purdue: 2469 Purdue Ave Los Angeles, CA 90064

This document provides details on a 10-unit multi-family property located at 2469 Purdue Ave in Los Angeles, CA. It includes information such as the purchase price of $4.28 million, annual scheduled income of $228,480, annual expenses of $64,230, and a capitalization rate of 3.66%. Recent comparable property sales with similar unit mixes are also presented.

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0% found this document useful (0 votes)
101 views25 pages

2469 Purdue: 2469 Purdue Ave Los Angeles, CA 90064

This document provides details on a 10-unit multi-family property located at 2469 Purdue Ave in Los Angeles, CA. It includes information such as the purchase price of $4.28 million, annual scheduled income of $228,480, annual expenses of $64,230, and a capitalization rate of 3.66%. Recent comparable property sales with similar unit mixes are also presented.

Uploaded by

api-326023756
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 25

2469 Purdue

2469 Purdue Ave


Los Angeles, CA 90064
For more information contact:
Keith Moret
Broker Associate
310.617.2240
kemo0325@yahoo.com
DRE# 01802527

10 Units Non Rent control in West LA/Sawtelle, (4) 2BR/2BA ; (6)


1BR/1BA
Underground parking, Secure entry, on-site laundry, All copper plumbing,
Skylit stairways
Units are spacious and bright with balconies, fireplaces, updated kitchens
Ideal location- close to Expo station, Westside Pavillion, Sawtelle
Japantown, UCLA, Rancho Park Golf Course
18.6 GRM/3.66 cap rate at current rents. 15% upside in rents can be
realized short term.

Phone: 310.939.9360

Fax: 866.656.2088

830 S Sepulveda Blvd. Ste. 200

El Segundo, CA 90245

www.KeithMoret.com

2469 Purdue
2469 Purdue Ave
Los Angeles, CA 90064

Section Page 1

Real Estate Investment Details

2469 Purdue
2469 Purdue Ave
Los Angeles, CA 90064

Keith Moret
310.617.2240

Analysis
Analysis Date

November 2016

Property
Property

2469 Purdue

Property Address

2469 Purdue Ave


Los Angeles, CA 90064

Year Built

1988

Purchase Information

Financial Information

Property Type

MultiFamily

Down Payment

$1,498,000

Purchase Price

$4,280,000

Closing Costs

$6,955

Fair Market Value

$4,280,000

LT Capital Gain

20.00%

Units

10

Federal Tax Rate

15.0%

Total Rentable Sq. Ft.

8,800

State Tax Rate

9.0%

Resale Valuation

1.5% (annual appreciation)

Discount Rate

1.50%

Resale Expenses

5.4%

Loans
Type

Debt

Term

Amortization

Rate

Payment

LO Costs

Fixed

$2,782,000

30 years

30 years

3.85%

$13,042

$27,820

Income & Expenses


Gross Operating Income
Monthly GOI
Total Annual Expenses
Monthly Expenses

Contact Information
$220,781

Keith Moret
310.617.2240
kemo0325@yahoo.com
DRE# 01802527

$18,398
($64,230)
($5,353)

The calculations and data presented are deemed to be accurate, but not guaranteed. They are intended for the purpose of illustrative projections
and analysis. The information provided is not intended to replace or serve as substitute for any legal, accounting, investment, real estate, tax or
other professional advice, consultation or service. The user of this software should consult with a professional in the respective legal, accounting,
tax or other professional area before making any decisions.
page 3 of 25

2469 Purdue

Property Description

2469 Purdue Ave


Los Angeles, CA 90064

Keith Moret
310.617.2240

2469 Purdue Ave


Non Rent Control in West LA
This lovely Cape Cod style apartment represents
character, quality and location in a solid investment
opportunity. The spacious, well-appointed units
feature fireplaces, bright, updated kitchens &
balconies (some with city-view), french door panels,
large closets are meticulously well maintained.
The tenants enjoy convenient access to public
transit, entertainment, shopping, dining and excellent
local schools. The Expo/Sepulveda station is 4
blocks away and with with the ample public parking
provided, it makes for an easy to commute to USC,
Downtown LA, etc.. Westside Pavillion is also nearby
featuring shopping, dining and theaters. Just North of
the building is Sawtelle-Japantown, notable for its well established sushi bars, noodle and ramen restaurants
and Japanese boutiques which attract visitors from around the world.
The building is an ideal location for students who study at nearby UCLA or Santa Monica College. Residents
have lots of shopping options as well. Trader Joes, Ralphs, Best Buy & Bed Bath & Beyond are all in close
proximity.
2469 Purdue is centrally located within a cluster of some of the most desirable areas of Westside LA
including Santa Monica, Westwood, Rancho Park, Cheviot Hills, & Mar Vista. This location is the key to an
investment that will generate increased revenue and appreciation potential for years to come.

page 4 of 25

Property Photos

2469 Purdue
2469 Purdue Ave
Los Angeles, CA 90064

Keith Moret
310.617.2240

2469 Purdue
Exterior Photos

Swest View

West View

Entry walk thru

Garden Balconies

Subterranean parking

Secure Entry

page 5 of 25

2469 Purdue

Location Map

2469 Purdue Ave


Los Angeles, CA 90064

Keith Moret
310.617.2240

page 6 of 25

2469 Purdue

Aerial Map

2469 Purdue Ave


Los Angeles, CA 90064

Keith Moret
310.617.2240

page 7 of 25

2469 Purdue
2469 Purdue Ave
Los Angeles, CA 90064

Section Page 2

2469 Purdue

Executive Summary

2469 Purdue Ave


Los Angeles, CA 90064

Keith Moret
310.617.2240

ACQUISITION COSTS
Purchase Price, Points and Closing Costs

$4,314,775

Investment - Cash

$1,532,775

First Loan

$2,782,000

INVESTMENT INFORMATION
Purchase Price

$4,280,000

Price per Unit

$428,000

Price per Sq. Ft.

$486.36

Income per Unit

$22,992

Expenses per Unit

($6,423)

INCOME, EXPENSES & CASH FLOW


Gross Scheduled Income

$229,920

Total Vacancy and Credits

($9,139)

Operating Expenses

($64,230)

Net Operating Income

$156,551

Debt Service

($156,507)

Cash Flow Before Taxes

$44

Total Interest (Debt Service)

($106,226)

Depreciation and Amortization

($77,100)

Taxable Income (Loss)

($26,775)

Tax Savings (Costs)

$6,426

Cash Flow After Taxes

$6,470

FINANCIAL INDICATORS
Cash on Cash Return Before Taxes

0.00%

Optimal Internal Rate of Return (yr 20)

6.59%

Debt Coverage Ratio

1.00

Capitalization Rate

3.66%

Gross Rent Multiplier

18.62

Gross Income / Square Feet

$26.13

Gross Expenses / Square Feet

($7.30)

Operating Expense Ratio

29.09%

page 9 of 25

Pro Forma Summary

2469 Purdue
2469 Purdue Ave
Los Angeles, CA 90064

Keith Moret
310.617.2240

UNIT MIX & ANNUAL SCHEDULED INCOME


Type

INVESTMENT SUMMARY
Price:
Year Built:
Units:

Total

$22,800

$22,800

1BR/1BA

$20,400

$20,400

$22,800

$22,800

1BR/1BA

$19,800

$19,800

$22,800

$22,800

1BR/1BA

$20,640

$20,640

$22,800

$22,800

1BR/1BA

$19,920

$19,920

$22,800

$22,800

1BR/1BA

$19,200

$19,200

$22,800

$22,800

2BR/2BA

$26,400

$26,400

$31,200

$31,200

2BR/2BA

$26,940

$26,940

$31,200

$31,200

2BR/2BA

$27,480

$27,480

$31,200

$31,200

$27,120

$27,120

$31,200

1988

TOTALS

10

8,800
$486.36

Lot Size:

7,834 sf

Floors:

Parking Spaces:

1 to 1
4260-017-034

Cap Rate:

3.66%

Market Cap Rate:

4.57%

GRM:

18.62

Market GRM:

16.36

FINANCING SUMMARY

$228,480

$31,200
$261,600

ANNUALIZED INCOME
Actual
Gross Potential Rent
Less: Vacancy
Misc. Income
Effective Gross Income
Less: Expenses
Net Operating Income
Debt Service
Net Cash Flow after Debt Service
Principal Reduction
Total Return

$228,480
($9,139)
$1,440
$220,781
($64,230)
$156,551
($156,507)
$44
$50,281
$50,325

Market
$261,600
$0
$0
$261,600
($66,198)
$195,402
($156,507)
$38,895
$50,281
$89,176

ANNUALIZED EXPENSES

Loan Amount:

$2,782,000

Down Payment:

$1,498,000
Fixed
3.85%

Term:

30 years

Monthly Payment:

$13,042

DCR:

Market

$20,580

2BR/2BA

Price/RSF:

Interest Rate:

Total

$20,580

$4,280,000

$428,000

RSF:

Loan Type:

Actual
1

10

Price/Unit:

APN:

Units

1BR/1BA

1.0

Actual

Market

Building Insurance
Grounds Maintenance
Repairs
Taxes - Real Estate
Trash Removal
Utilities
Utility - Gas

$3,040
$1,200
$5,000
$47,250
$1,740
$5,700
$300

$3,040
$1,200
$5,000
$49,218
$1,740
$5,700
$300

Total Expenses
Expenses Per RSF
Expenses Per Unit

$64,230
$7.30
$6,423

$66,198
$7.52
$6,620

page 10 of 25

Unit Mix Report

2469 Purdue
2469 Purdue Ave
Los Angeles, CA 90064

Keith Moret
310.617.2240

UNIT MIXES
Units

Type

1
1
1
1
1
1
1
1
1
1
10

Approx. SqFt Avg. Rents

1BR/1BA
1BR/1BA
1BR/1BA
1BR/1BA
1BR/1BA
1BR/1BA
2BR/2BA
2BR/2BA
2BR/2BA
2BR/2BA

800
800
800
800
800
800
1000
1000
1000
1000
8,800

$1,715
$1,700
$1,650
$1,720
$1,660
$1,600
$2,200
$2,245
$2,290
$2,260

UNIT MIX

Monthly
$1,715
$1,700
$1,650
$1,720
$1,660
$1,600
$2,200
$2,245
$2,290
$2,260
$19,040

Mkt Rents

Monthly

$1,900
$1,900
$1,900
$1,900
$1,900
$1,900
$2,600
$2,600
$2,600
$2,600

UNIT MIX SQUARE FEET


1BR/1BA

1BR/1BA

1BR/1BA

1BR/1BA

1BR/1BA

1BR/1BA

1BR/1BA

1BR/1BA

1BR/1BA

1BR/1BA

1BR/1BA

1BR/1BA

2BR/2BA

2BR/2BA

2BR/2BA

2BR/2BA

2BR/2BA

2BR/2BA

2BR/2BA

2BR/2BA

UNIT MIX INCOME

UNIT MIX MARKET INCOME


1BR/1BA

1BR/1BA

1BR/1BA

1BR/1BA

1BR/1BA

1BR/1BA

1BR/1BA

1BR/1BA

1BR/1BA

1BR/1BA

1BR/1BA

1BR/1BA

2BR/2BA

2BR/2BA

2BR/2BA

2BR/2BA

2BR/2BA

2BR/2BA

2BR/2BA

2BR/2BA
page 11 of 25

$1,900
$1,900
$1,900
$1,900
$1,900
$1,900
$2,600
$2,600
$2,600
$2,600
$21,800

2469 Purdue
2469 Purdue Ave
Los Angeles, CA 90064

Section Page 3

Recent Sales Comparables

2469 Purdue
2469 Purdue Ave
Los Angeles, CA 90064

Keith Moret
310.617.2240

Cap Rate

Gross Rent Multiplier

8%

24.0

7%

21.0

6%

18.0

5%

15.0
Avg.

4%

Avg.
15.24

12.0

3.9
3%

9.0

2%

6.0

1%

3.0

Subject

Subject

Price per Unit


$576

$483,000

$504
Avg.

$414,000

$415,876

$360

$276,000

$288

$207,000

$216

$138,000

$144

$69,000

$72

$432

$345,000

Price per Sq. Ft.

$552,000

Subject

Avg.
$393.89

Subject

page 13 of 25

2469 Purdue

Recent Sales Comparables

2469 Purdue Ave


Los Angeles, CA 90064
S

Keith Moret
310.617.2240
2469 Purdue
2469 Purdue Ave
Los Angeles, CA 90064
Sale Price

Sale Date 6/3/2016

$4,280,000

# Units

Unit Type

Units

10

Price/Unit

$428,000

Price/SqFt

$486.36

Cap Rate

3.66%

Year Built

1988

1
1
1
1
1
1
1

1BR/1BA
1BR/1BA
1BR/1BA
1BR/1BA
1BR/1BA
1BR/1BA
2BR/2BA

GRM

18.62

*remaining units not displayed

3427 Mentone Ave


3427 Mentone Ave
Los Angeles, CA 90034
Sale Price

$4,410,000

# Units

Unit Type

Units

Two Bedroom Two Bath

Price/Unit

$551,250

Three Bedroom Two Bath

Price/SqFt

$441.35

Cap Rate

4.01%

Year Built

2009

GRM

15.4

NOTES
This property is 2 miles from Subject. It is 10 years newer in vintage and was on-market for 57 Days. The sale is 4 months old

Sale Date 11/3/2015

3655 Motor Ave


3655 Motor Ave
Los Angeles, CA 90034
Sale Price

$4,600,000

# Units

Unit Type

Units

12

One Bedroom One Bath

Price/Unit

$383,333

Two Bedroom Two Bath

Price/SqFt

$383.33

Cap Rate

3.88%

Year Built

2006

GRM

16.2

NOTES
This property is 2.5 miles from Subject. It is 18 years newer in vintage. The sale is 10 months old

page 14 of 25

2469 Purdue

Recent Sales Comparables

2469 Purdue Ave


Los Angeles, CA 90064
3

Sale Date 6/10/2016

Keith Moret
310.617.2240
10981 Rose Ave
10981 Rose Ave
Los Angeles, CA 90034
Sale Price

$2,850,000

# Units

Unit Type

Units

Two Bedroom One Bath

Price/Unit

$316,667

Price/SqFt

$298.18

Cap Rate

N/A

Year Built

1968

GRM

N/A

NOTES
This property is 1.5 miles from Subject. It is 20 years older in vintage and is subject to rent control. The sale is 6 months old

Sale Date 4/20/2016

3614 Motor Ave


3614 Motor Ave
Los Angeles, CA 90034
Sale Price

$7,800,000

# Units

Unit Type

Units

20

One Bedroom One Bath

Price/Unit

$390,000

12

Two Bedroom Two Bath

Price/SqFt

$400.82

Cap Rate

4.21%

Year Built

2006

GRM

13.7

NOTES
This property is 2.5 miles from Subject. It is 18 years newer in vintage and was on market for 35 days. The sale is 6 months old

Sale Date 1/31/2016

4221 Grand View Blvd


4221 Grand View Blvd
Los Angeles, CA 90066
Sale Price

$3,640,000

# Units

Unit Type

Units

One Bedroom One Bath

Price/Unit

$520,000

Two Bedroom Two Bath

Price/SqFt

$269.57

Three Bedroom Two Bath

Cap Rate

4.01%

Year Built

1986

GRM

16.1

NOTES
This property is 3 miles from Subject in a comparable neighborhood. It has 7 units and was built in 1986 so it is Subject to rent control. There is deferred maintenance
noted. It was ion market for 34 days and the sale is 9 months old.

page 15 of 25

2469 Purdue

Recent Sales Comparables

2469 Purdue Ave


Los Angeles, CA 90064
6

Sale Date 10/27/2016


NOTES
This property is 1 mile from Subject. The sale is 10 months old

Sale Date 11/1/2016

Keith Moret
310.617.2240
2532 S Centinela Av
2532 S Centinela Ave
Los Angeles, CA 90064
Sale Price

$3,400,000

# Units

Unit Type

Units

One Bedroom One Bath

Price/Unit

$485,714

Two Bedroom Two Bath

Price/SqFt

$575.10

Three Bedroom One Bath

Cap Rate

N/A

Year Built

1989

GRM

N/A

12746 Caswell
12746 Caswell Ave
Los Angeles, CA 90066
Sale Price

$4,755,000

# Units

Unit Type

Units

18

Studio/Efficiency

Price/Unit

$264,167

One Bedroom One Bath

Price/SqFt

$388.86

Two Bedroom Two Bath

Cap Rate

3.39%

Year Built

1963

GRM

14.8

NOTES
This property is 1.3 miles from Subject. It is older in vintage (Built in 1963) and was a probate sale with significant deferred maintenance. It was on-market for 15 days and
the sale is 1 month old.

page 16 of 25

2469 Purdue

Recent Sales Comparables

2469 Purdue Ave


Los Angeles, CA 90064

Keith Moret
310.617.2240

2469 Purdue Ave


Los Angeles, CA, 90064
$4,280,000

3427 Mentone Ave


Los Angeles, CA, 90034
$4,410,000

3655 Motor Ave


Los Angeles, CA, 90034
$4,600,000

10981 Rose Ave


Los Angeles, CA, 90034
$2,850,000

3614 Motor Ave


Los Angeles, CA, 90034
$7,800,000

4221 Grand View Blvd


Los Angeles, CA, 90066
$3,640,000

2532 S Centinela Ave


Los Angeles, CA, 90064
$3,400,000

12746 Caswell Ave


Los Angeles, CA, 90066
$4,755,000

page 17 of 25

On Market Comparables

2469 Purdue
2469 Purdue Ave
Los Angeles, CA 90064

Keith Moret
310.617.2240

Cap Rate

Gross Rent Multiplier

8%

24.0

7%

21.0

6%

18.0

5%

15.0

4%

Avg.

9.0

2%

6.0

1%

3.0

Subject

18.7

12.0

3.52

3%

Avg.

Subject

Price per Unit

Price per Sq. Ft.

$432,000

$504
Avg.

$378,000

$441

$373,586

Avg.

$324,000

$378

$270,000

$315

$216,000

$252

$162,000

$189

$108,000

$126

$54,000

$63

Subject

$399.95

Subject

page 18 of 25

2469 Purdue

On Market Comparables

2469 Purdue Ave


Los Angeles, CA 90064
S

Keith Moret
310.617.2240
2469 Purdue
2469 Purdue Ave
Los Angeles, CA 90064
Sale Price

On Market

$4,280,000

# Units

Unit Type

Units

10

Price/Unit

$428,000

Price/SqFt

$486.36

Cap Rate

3.66%

Year Built

1988

1
1
1
1
1
1
1

1BR/1BA
1BR/1BA
1BR/1BA
1BR/1BA
1BR/1BA
1BR/1BA
2BR/2BA

GRM

18.62

*remaining units not displayed

12518 Venice Blvd


12518 Venice Blvd
Los Angeles, CA 90066
Sale Price

$4,500,000

# Units

Unit Type

Units

11

One Bedroom One Bath

Price/Unit

$409,091

Two Bedroom One Bath

Price/SqFt

$319.15

Three Bedroom Two Bath

Cap Rate

3.47%

Year Built

1965

GRM

22.0

NOTES
This property is 2.5 miles from Subject. It is older in vintage , built in 1965 and is subject to rent control. It has been on market for 226 Days.

On Market

3431 Vinton
3431 Vinton Ave
Los Angeles, CA 90034
Sale Price

$2,895,000

# Units

Unit Type

Units

One Bedroom One Bath

Price/Unit

$321,667

Two Bedroom One Bath

Price/SqFt

$381.02

Two Bedroom Two Bath

Cap Rate

3.4%

Year Built

1964

GRM

17.0

NOTES
This property is 2.7 miles from Subject. Its been on market for 17 days. It is older in vintage (built in 1964) and subject to rent control.

page 19 of 25

2469 Purdue

On Market Comparables

2469 Purdue Ave


Los Angeles, CA 90064
3

On Market

Keith Moret
310.617.2240
10203 Tabor
10203 Tabor St
Los Angeles, CA 90034
Sale Price

$3,900,000

# Units

Unit Type

Units

10

One Bedroom One Bath

Price/Unit

$390,000

Two Bedroom One Bath

Price/SqFt

$499.68

Two Bedroom Two Bath

Cap Rate

3.69%

Year Built

1961

GRM

17.1

NOTES
This property is 2.7 miles from Subject. It is older in vintage (built in 1964) and is subject to rent control.It has been on market for 31 days

page 20 of 25

2469 Purdue

On Market Comparables

2469 Purdue Ave


Los Angeles, CA 90064

2469 Purdue Ave


Los Angeles, CA, 90064
$4,280,000

10203 Tabor St
Los Angeles, CA, 90034
$3,900,000

Keith Moret
310.617.2240

12518 Venice Blvd


Los Angeles, CA, 90066
$4,500,000

page 21 of 25

3431 Vinton Ave


Los Angeles, CA, 90034
$2,895,000

Demographics

2469 Purdue
2469 Purdue Ave
Los Angeles, CA 90064

Keith Moret
310.617.2240

POPULATION

1 MILE

3 MILE

5 MILE

Male

13,954 (49.38 %)

157,281 (48.75 %)

291,598 (48.53 %)

Female

309,265 (50.62 %)

309,265 (51.25 %)

309,265 (51.47 %)

Total Population

28,256

322,601

600,863

AGE BREAKDOWN

1 MILE

3 MILE

5 MILE

Ages 0-4

1,252 (4.43 %)

13,935 (4.32 %)

25,549 (4.25 %)

Ages 5-9

1,508 (5.34 %)

15,613 (4.84 %)

29,699 (4.94 %)

Ages 10-14

1,291 (4.57 %)

13,085 (4.06 %)

25,893 (4.94 %)

Ages 15-19

1,160 (4.11 %)

11,961 (3.71 %)

24,507 (4.08 %)

Ages 20-24

1,167 (4.13 %)

14,537 (4.51 %)

27,863 (4.64 %)

Ages 25-29

1,391 (4.92 %)

19,066 (5.91 %)

33,178 (5.52 %)

Ages 30-34

1,881 (6.66 %)

24,362 (7.55 %)

40,181 (6.69 %)

Ages 35-39

2,430 (8.60 %)

29,024 (9.00 %)

48,009 (7.99 %)

Ages 40-44

2,707 (9.58 %)

31,109 (9.64 %)

53,515 (8.91 %)

Ages 45-49

2,675 (9.47 %)

30,166 (9.35 %)

54,447 (9.06 %)

Ages 50-54

2,356 (8.34 %)

26,941 (8.35 %)

50,492 (8.40 %)

Ages 55-59

2,016 (7.13 %)

23,339 (7.23 %)

45,174 (7.52 %)

Ages 60-64

1,685 (5.96 %)

19,276 (5.98 %)

38,276 (6.37 %)

Ages 65-69

1,329 (4.70 %)

15,198 (4.71 %)

30,857 (5.14 %)

Ages 70-74

1,039 (3.68 %)

11,298 (3.50 %)

23,362 (3.89 %)

Ages 75-79

780 (2.76 %)

8,095 (2.51 %)

17,023 (2.83 %)

Ages 80-84

563 (1.99 %)

5,537 (1.72 %)

11,796 (1.96 %)

Ages 85+

1,026 (3.63 %)

10,059 (3.12 %)

21,042 (3.50 %)

page 22 of 25

Demographics

2469 Purdue
2469 Purdue Ave
Los Angeles, CA 90064

Keith Moret
310.617.2240

HOUSEHOLD INCOME

1 MILE

3 MILE

Median Income

$67,758

$73,715

5 MILE
$75,140

Less than $10,000

1,332

11,270

19,236

$10,000 -$14,999

317

5,818

11,987

$15,000 - $19,999

711

5,446

10,671

$20,000 -$24,999

484

5,526

10,413

$25,000 - $29,999

286

5,714

10,244

$30,000 - $34,999

557

5,438

9,933

$35,000 - $39,999

385

5,208

9,811

$40,000 - $44,999

563

5,862

10,644

$45,000 - $49,999

405

5,093

8,881

$50,000 - $59,999

898

10,065

17,956

$60,000 - $74,999

1,219

14,751

26,136

$75,000 - $99,999

1,490

17,358

31,775

$100,000 - $124,999

1,242

13,145

25,352

$125,000 - $149,999

907

8,606

15,939

$150,000 - $199,999

766

10,616

20,434

Greater than $200,000

1,250

16,752

35,328

HOUSING

1 MILE

3 MILE

5 MILE

Housing Units

14,403

165,414

311,349

Occupied Units

13,484

153,130

287,206

Owner Occupied Units

5,100

52,852

106,771

Renter Occupied Units

8,384

100,278

180,435

Vacant Units

919

12,284

24,143

RACE DEMOGRAPHICS

1 MILE

3 MILE

5 MILE

Population Non Hispanic White

16,984

221,515

418,396

Population Black

456

9,100

33,985

Population Am In/Ak Nat

25

332

633

page 23 of 25

Demographics

2469 Purdue
2469 Purdue Ave
Los Angeles, CA 90064

Keith Moret
310.617.2240

Population Characteristic

1 Mile

3 Mile

5 Mile

Household Income

AGES 0-4

1,252

13,935

25,549

Median Household Income

1 Mile

3 Mile

5 Mile

$67,758

$73,715

$75,140

AGES 5-9

1,508

15,613

29,699

< $10000

AGES 10-14

1,291

13,085

25,893

$10000-$14999

1,332

11,270

19,236

317

5,818

11,987

AGES 15-19

1,160

11,961

24,507

AGES 20-24

1,167

14,537

27,863

$15000-$19999

711

5,446

10,671

$20000-$24999

484

5,526

AGES 25-29

1,391

19,066

10,413

33,178

$25000-$29999

286

5,714

10,244

AGES 30-34

1,881

AGES 35-39

2,430

24,362

40,181

$30000-$34999

557

5,438

9,933

29,024

48,009

$35000-$39999

385

5,208

AGES 40-44

9,811

2,707

31,109

53,515

$40000-$44999

563

5,862

10,644

AGES 45-49

2,675

30,166

54,447

$45000-$49999

405

5,093

8,881

AGES 50-54

2,356

26,941

50,492

$50000-$60000

898

10,065

17,956

AGES 55-59

2,016

23,339

45,174

$60000-$74000

1,219

14,751

26,136

AGES 60-64

1,685

19,276

38,276

$75000-$99999

1,490

17,358

31,775

AGES 65-69

1,329

15,198

30,857

$100000-$124999

1,242

13,145

25,352

AGES 70-74

1,039

11,298

23,362

$125000-$149999

907

8,606

15,939

AGES 75-79

780

8,095

17,023

$150000-$199999

766

10,616

20,434

> $200000

1,250

16,752

35,328

AGES 80-84
AGES 85+

563

5,537

11,796

1,026

10,059

21,042

Characteristic Housing

1 Mile

3 Mile

5 Mile

Housing Units

14,403

165,414

311,349

Occupied Housing Units

287,206

Race Characteristic

1 Mile

3 Mile

5 Mile

Non Hispanic White

16,984

221,515

418,396

13,484

153,130

456

9,100

33,985

Owner Occupied Housing Units

5,100

52,852

106,771

25

332

633

Renter Occupied Housing Units

8,384

100,278

180,435

919

12,284

24,143

Population Black
Population Am In/AK Nat

Vacant Housing Units

page 24 of 25

2469 Purdue

Biography

2469 Purdue Ave


Los Angeles, CA 90064

Keith Moret
310.617.2240

Professional Bio
Keith Moret is a multi-family specialist with an emphasis on Westside to the Mid-City
area of Southern CA. He recently joined the Ensbury Group after 7 successful years
with RE/MAX Commercial. Prior to 2008, he enjoyed a successful career in
advertising as West Coast Director for Architectural Digest and House and Garden
Magazines, respectively. He also served as Southern CA. Dir. Of Mktg. for This Old
House television show on PBS
He brings a high-level of integrity, passion and enthusiasm that has generated
positive results for his clients. His committment to serving the community resulted in
being elected Vice-Chairman of the Project Area Committee for Herb Wessons City
Council District 10, which he served for 2 years.

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