1111 S Grand AveLos 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 1111 S Grand Ave, Los Angeles, CA, 90015 listed at $1,349,000 pairs $1,735/mo rent with a $6,603/mo payment. Total monthly income runs $1,735/mo. Return on cash invested measures 2.22% in year one, and rental yield registers 1.54% at a $1,349,000 basis. Equity gained on principal adds $8,705/yr, and annual property appreciation at 5% supports $372,704 by year five. Five-year ROI tracks 7.89% and total cumulative return in cash totals $34,491. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,735/mo property income relative to a $6,603/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
0.89 Acres lot
$N/A/sqft
No 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: David Ramirez • Home Base Realty Inc
Mls Name: CRMLS
Mls ID: #PW25266250