1155 S Grand Ave APT 915Los AngelesCA90015
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 1155 S Grand Ave APT 915, Los Angeles, CA, 90015 in Los Angeles at $589,000 earns $3,708/mo in rent and nets $64/mo after the $2,649/mo payment, a 7.55% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $162,730 over five years. Ziffy Mortgage underwrites this on a 1.40 DSCR without U.S. credit history. With $5,425/yr in principal paydown, total projected return reaches $227,480.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 4.1% |
| Monthly Cash Flow | $64 | $1,850 |
City averages based on Los Angeles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,708 |
| Total Monthly Debt Service | $3,409 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2008
1.21 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2008
1.21 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gregory Scott • Compass
Mls Name: CLAW
Mls ID: #25613405