1235 3rd AveLos AngelesCA90019
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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 1235 3rd Ave, Los Angeles, CA, 90019 offers a 6.4% rental yield on a $1,200,000 purchase with $6,397/mo rent. 2% in year one. Equity gained on principal adds $7,743/yr while 5% annual appreciation supports $331,538 over five years. Portfolio math shows five-year ROI at 88.23% and total cumulative return in cash at $343,019. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,397/mo property income against a $5,873/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1922
8,526 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90019, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,373 (100%) |
| Owner Occupied HU | 6,308 (23.9%) |
| Renter Occupied HU | 18,390 (69.7%) |
| Vacant Housing Units | 1,675 ( 6.4%) |
| Median Home Value | $1,377,752 |
| Average Home Value | $1,408,192 |
Housing Distribution
Address Breakdown
Residential
25,251
Single Family
13,438
Multi-Family
11,813
Businesses
1,478
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Listed by: Barbara Verdun-Moore • Toltec Properties
Mls Name: CRMLS
Mls ID: #TR25219927