11852 Washington Pl APT 2, Los Angeles, CA, 90066 | 5.89% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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11852 Washington Pl APT 2, Los Angeles, CA, 90066 | 5.89% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $4,066/mo, and a $4,058/mo payment. Purchase price stands at $829,000, and rental yield measures 5.89% with $4,066/mo rent. Return on cash invested shows 15.38% in year one, and 5% annual appreciation builds toward $229,037 over five years. Five-year ROI reaches 78.55% and total cumulative return in cash records $214,240. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,066/mo property income covering a $4,058/mo payment rather than investor’s personal income.

Condo

Built in 1990

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

2 BEDROOMS, 2 BATHROOMS CONDOMINIUM IN THE HEART OF THE CITY OF MAR VISTA. MAR VISTA IS JUST MINUTES FROM UCLA, ANTIOCH UNIVERSITY, SOUTHERN CALIFORNIA INSTITUTE OF ARCHITECTURE, LOYOLA MARYMOUNT UNIVERSITY, THE BEACH AND TECH HUBS SILICON BEACH WHICH ENCOMPASSES THE FOLLOWING COMMUNITIES,PLAYA VISTA, VENICE BEACH, SANTA MONICA, CULVER CITY, PLAYA DEL REY, EL SEGUNDO ... CONVENIENT LOCATION, CLOSE TO TRENDY RESTAURANTS, COFFEES SHOPS, BAKERIES, FITNESS CENTERS, AND MUCH MORE. A REMODELING WAS DONE IN THIS ONE LEVEL CONDOMINIUM TWO YEARS AGO, NEW KITCHEN CABINETS, NEW REFRIGERATOR, NEW STOVE, NEW MICROWAVE, NEW DISHWASHER, NEW DRYER, NEW QUARTZ STONE KITCHEN COUNTER TOP. ONE BALCONY, GATED PARKING WITH TWO TANDEM SPACES. CENTRAL LOCATION WITH PROXIMITY TO DOWNTOWN CULVER CITY WHERE YOU CAN CATCH THE METRO TRAIN TO DOWNTOWN LOS ANGELES. EASY ACCESS TO THE FREEWAYS.

Neighborhood Data

Neighborhood data shown for ZIP Code: 90066, Los Angeles, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,806 (100%)
Owner Occupied HU	8,802 (35.5%)
Renter Occupied HU	14,578 (58.8%)
Vacant Housing Units	1,426 ( 5.7%)
Median Home Value	$1,628,977
Average Home Value	$1,611,756