1050 S Grand Ave UNIT 1908Los AngelesCA90015
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Los Angeles at 1050 S Grand Ave UNIT 1908, Los Angeles, CA, 90015 earns from $6,084/mo rent with a $3,666/mo payment. Total monthly income totals $6,084/mo. ROI tracks 19.97% on current figures, and rental yield reads 9.75% at a $749,000 purchase. Equity gained on principal adds $4,833/yr, and 5% annual appreciation supports $206,935 over five years. Five-year ROI reaches 105.75% and total cumulative return in cash sums $260,596. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,084/mo property income instead of your personal income.
Condo
Built in 2017
0.50 Acres lot
$N/A/sqft
$896 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90015, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,806 (100%) |
| Owner Occupied HU | 1,341 ( 8.0%) |
| Renter Occupied HU | 13,041 (77.6%) |
| Vacant Housing Units | 2,424 (14.4%) |
| Median Home Value | $1,051,122 |
| Average Home Value | $1,210,352 |
Housing Distribution
Address Breakdown
Residential
14,929
Single Family
7,074
Multi-Family
7,855
Businesses
6,516
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Listed by: Adriana Yedidsion • The Agency
Mls Name: CLAW
Mls Provider:
Mls ID: #25538881
Disclaimer: 2025 The MLS - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS - Combined L.A. Westside MLS (CLAW as of 2025-05-14 18:03:20 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.