118 S Clark Dr APT 105Los AngelesCA90048
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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 118 S Clark Dr APT 105, Los Angeles, CA, 90048 offers a 4.16% rental yield on a $1,349,000 purchase with $4,677/mo rent. 3% in year one. Equity gained on principal adds $8,705/yr while 5% annual appreciation supports $372,704 over five years. Portfolio math shows five-year ROI at 51.2% and total cumulative return in cash at $223,791. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,677/mo property income against a $6,603/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90048, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,705 (100%) |
| Owner Occupied HU | 3,392 (24.8%) |
| Renter Occupied HU | 9,096 (66.4%) |
| Vacant Housing Units | 1,217 ( 8.9%) |
| Median Home Value | $1,673,228 |
| Average Home Value | $1,605,761 |
Housing Distribution
Address Breakdown
Residential
13,298
Single Family
5,338
Multi-Family
7,960
Businesses
2,612
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Listed by: Morgan Petersen-Munoz • Rodeo Realty- Brentwood
Mls Name: CLAW
Mls ID: #25595765