10501 Wilshire Blvd PH 7Los AngelesCA90024
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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
Rental property for sale in Los Angeles at 10501 Wilshire Blvd PH 7, Los Angeles, CA, 90024 generates $3,931/mo in rent, after a $3,216/mo payment. Total monthly income is $3,931/mo. Return on cash invested sits at 19.32% in year one, and rental yield is 7.18% on a $657,000 entry. Equity gained on principal adds $4,240/yr, while 5% annual appreciation builds toward $181,517 over five years. Five-year ROI reaches 99.65% and total cumulative return in cash sums $215,391. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,931/mo property income rather than buyer’s personal income.
Condo
Built in 1963
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90024, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,827 (100%) |
| Owner Occupied HU | 5,918 (29.8%) |
| Renter Occupied HU | 11,006 (55.5%) |
| Vacant Housing Units | 2,903 (14.6%) |
| Median Home Value | $1,788,433 |
| Average Home Value | $1,647,785 |
Housing Distribution
Address Breakdown
Residential
19,386
Single Family
3,874
Multi-Family
15,512
Businesses
1,782
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Listed by: M. Michele Martin • Rodeo Realty
Mls Name: CLAW
Mls ID: #25562679