11916 Gorham Ave APT 302Los 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 11916 Gorham Ave APT 302, Los Angeles, CA, 90049 listed at $1,550,000 pairs $4,637/mo rent with a $7,586/mo payment. Total monthly income runs $4,637/mo. Return on cash invested measures 8.54% in year one, and rental yield registers 3.59% at a $1,550,000 basis. Equity gained on principal adds $10,002/yr, and annual property appreciation at 5% supports $428,236 by year five. Five-year ROI tracks 41.76% and total cumulative return in cash totals $209,737. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,637/mo property income relative to a $7,586/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1998
7,392 sqft 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: Tony Berns • Coldwell Banker Realty
Mls Name: CLAW
Mls ID: #25623963