121 S Hope St APT 318Los AngelesCA90012
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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 121 S Hope St APT 318, Los Angeles, CA, 90012 uses $205,625 cash to close to unlock $5,240/yr annual cash flow and $437/mo monthly cash flow. Total monthly income runs $4,303/mo, and a $3,059/mo payment keeps the spread at $437/mo. Purchase price stands at $625,000, and rental yield measures 8.26% with $4,303/mo rent. Return on cash invested shows 22.61% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 117.28% and total cumulative return in cash records $241,165. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,303/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Condo
Built in 1980
1.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90012, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,994 (100%) |
| Owner Occupied HU | 1,413 ( 8.3%) |
| Renter Occupied HU | 13,925 (81.9%) |
| Vacant Housing Units | 1,656 ( 9.7%) |
| Median Home Value | $858,384 |
| Average Home Value | $984,713 |
Housing Distribution
Address Breakdown
Residential
15,892
Single Family
5,009
Multi-Family
10,883
Businesses
2,753
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Listed by: Chandra Kusmanto • Exp Realty of California Inc
Mls Name: CRMLS
Mls ID: #TR25195483