1247 W 8th StLos AngelesCA90017
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play1247 W 8th St, Los Angeles, CA, 90017 in Los Angeles is priced for appreciation, not yield. Rental yield 1.57%. At $1,450,000 with a 1.57% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $400,608 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.29) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $94,878.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.6% | 4.1% |
| Monthly Cash Flow | $(7,070) | $1,850 |
City averages based on Los Angeles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,900 |
| Total Monthly Debt Service | $8,393 |
| DSCR Ratio | 0.23x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1910
5,505 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90017, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,229 (100%) |
| Owner Occupied HU | 1,293 ( 6.7%) |
| Renter Occupied HU | 13,916 (72.4%) |
| Vacant Housing Units | 4,020 (20.9%) |
| Median Home Value | $1,096,473 |
| Average Home Value | $1,322,918 |
Housing Distribution
Address Breakdown
Residential
15,923
Single Family
5,324
Multi-Family
10,599
Businesses
1,805
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1910
5,505 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90017, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,229 (100%) |
| Owner Occupied HU | 1,293 ( 6.7%) |
| Renter Occupied HU | 13,916 (72.4%) |
| Vacant Housing Units | 4,020 (20.9%) |
| Median Home Value | $1,096,473 |
| Average Home Value | $1,322,918 |
Housing Distribution
Address Breakdown
Residential
15,923
Single Family
5,324
Multi-Family
10,599
Businesses
1,805
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sean Rosenzweig • Marcus & Millichap
Mls Name: CLAW
Mls ID: #25601441