11816 Gorham Ave APT 110Los AngelesCA90049
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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 11816 Gorham Ave APT 110, Los Angeles, CA, 90049 offers a 6.38% rental yield on a $650,000 purchase with $3,455/mo rent. 89% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 86.61% and total cumulative return in cash at $185,210. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,455/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90049, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,355 (100%) |
| Owner Occupied HU | 8,829 (48.1%) |
| Renter Occupied HU | 8,196 (44.7%) |
| Vacant Housing Units | 1,330 ( 7.2%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,855,643 |
Housing Distribution
Address Breakdown
Residential
18,141
Single Family
8,581
Multi-Family
9,560
Businesses
1,138
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Listed by: Kayla Holt • First Team Real Estate
Mls Name: CRMLS
Mls ID: #OC25239611