12321 Ocean Park Blvd APT 17Los AngelesCA90064
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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
Rental property for sale in Los Angeles at 12321 Ocean Park Blvd APT 17, Los Angeles, CA, 90064 generates $4,241/mo in rent, after a $4,890/mo payment. Total monthly income is $4,241/mo. Return on cash invested sits at 12.98% in year one, and rental yield is 5.09% on a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 65.64% and total cumulative return in cash sums $215,750. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,241/mo property income rather than buyer’s personal income.
Condo
Built in 1981
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90064, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,373 (100%) |
| Owner Occupied HU | 5,947 (44.5%) |
| Renter Occupied HU | 6,118 (45.7%) |
| Vacant Housing Units | 1,308 ( 9.8%) |
| Median Home Value | $1,764,990 |
| Average Home Value | $1,699,854 |
Housing Distribution
Address Breakdown
Residential
13,192
Single Family
8,545
Multi-Family
4,647
Businesses
1,973
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Listed by: Brian Maser • The Condo Experts
Mls Name: CLAW
Mls ID: #25565861