1203 N Normandie AveLos AngelesCA90029
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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 1203 N Normandie Ave, Los Angeles, CA, 90029 with 5% annual appreciation on a $1,395,000 basis while $6,346/mo rent supports operations. 31% in year one. Equity gained on principal adds $9,002/yr, and five-year appreciation sums $385,413 alongside rental yield of 5.46%. Five-year ROI measures 72.7% and total cumulative return in cash totals $328,594. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,346/mo property income versus a $6,828/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1908
4,153 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90029, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,447 (100%) |
| Owner Occupied HU | 1,273 ( 8.8%) |
| Renter Occupied HU | 12,309 (85.2%) |
| Vacant Housing Units | 865 ( 6.0%) |
| Median Home Value | $1,196,013 |
| Average Home Value | $1,237,326 |
Housing Distribution
Address Breakdown
Residential
14,739
Single Family
5,361
Multi-Family
9,378
Businesses
1,447
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Listed by: Ron Galam • eXp Realty of Greater Los Angeles, Inc.
Mls Name: CRMLS
Mls ID: #SR25188631