108 W 2nd St APT 410Los AngelesCA90012
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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 108 W 2nd St APT 410, Los Angeles, CA, 90012 offers a 6.81% rental yield on a $480,888 purchase with $2,731/mo rent. 07% in year one. Equity gained on principal adds $3,103/yr while 5% annual appreciation supports $132,860 over five years. Portfolio math shows five-year ROI at 92.98% and total cumulative return in cash at $148,231. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,731/mo property income against a $2,354/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1910
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90012, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,994 (100%) |
| Owner Occupied HU | 1,413 ( 8.3%) |
| Renter Occupied HU | 13,925 (81.9%) |
| Vacant Housing Units | 1,656 ( 9.7%) |
| Median Home Value | $858,384 |
| Average Home Value | $984,713 |
Housing Distribution
Address Breakdown
Residential
15,892
Single Family
5,009
Multi-Family
10,883
Businesses
2,753
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Listed by: Heather Reeves • Origin
Mls Name: CRMLS
Mls ID: #OC26008825