Feb 23, 2021
The New Market Tax Credit Program – History & 2021 Revival
The latest relief bill includes several provisions to revitalize the real estate industry, among them tax incentive programs like the NMTC.
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Q1/2019 | Q2/2019 | Q3/2019 | Q4/2019 | |
---|---|---|---|---|
No. of transactions | 216 | 87 | 77 | 66 |
Q1/2019 | Q2/2019 | Q3/2019 | Q4/2019 | |
---|---|---|---|---|
Sales volume | $3M | $3,500 | $12M | |
No. of transactions | 1 | 2 | 1 |
Address | Sale price | Sale date |
---|---|---|
406 Robert Ln | $72,500,000 | 06/20/2019 |
1187 N Hillcrest Rd | $65,000,000 | 02/21/2017 |
825 Loma Vista Dr | $42,500,000 | 05/23/2019 |
1966 Carla Rdg | $35,000,000 | 12/27/2019 |
960 N Alpine Dr | $35,000,000 | 09/19/2018 |
Address | Tax amount | Tax year |
---|---|---|
9900 Wilshire Blvd | $5,247,983 | 2019-2020 |
268 N Rodeo Dr | $3,541,057 | 2019-2020 |
9645 W Sunset Blvd | $3,149,779 | 2019-2020 |
468 N Rodeo Dr | $2,889,339 | 2019-2020 |
9504 Wilshire Blvd | $2,357,425 | 2019-2020 |
Average household income | $57,463 |
White collar | 58.23% |
Blue collar | 41.77% |
Family households | 66.36% |
Households with kids | 36.17% |
Housing units | 597 |
Occupied housing units | 518 |
Owner occupied units | 57.05% |
Average number of people per household | 3 |
Median year structure built | 1965 |
Houses with motgage | 29.87% |
Median value for units with a mortgage | $59,100 |
Median value for units without a mortgage | $59,000 |
Median gross rent | $883 |
Median housing costs per month | $722 |
Population in poverty | 22.97% |
Name | Median Sale Price |
---|---|
Lynwood | $480,000 |
Gardena | $545,250 |
Topanga | $1,407,000 |