1327 S Gage AveLos AngelesCA90023
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
Investment Highlights
Rental property for sale in Los Angeles at 1327 S Gage Ave, Los Angeles, CA, 90023 generates $3,533/mo in rent, after a $3,181/mo payment. Total monthly income is $3,533/mo. Return on cash invested sits at 17.32% in year one, and rental yield is 6.52% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 88.95% and total cumulative return in cash sums $190,226. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,533/mo property income rather than buyer’s personal income.
Multi Family
Built in 1923
7,820 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 90023, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,995 (100%) |
| Owner Occupied HU | 3,080 (25.7%) |
| Renter Occupied HU | 8,503 (70.9%) |
| Vacant Housing Units | 412 ( 3.4%) |
| Median Home Value | $698,567 |
| Average Home Value | $798,893 |
Housing Distribution
Address Breakdown
Residential
11,672
Single Family
8,290
Multi-Family
3,382
Businesses
1,682
Price History
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: MultiFamily
- Year Built: 1923
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: N/A
Location
- City: Los Angeles
- State: CA
- Subdivision: N/A
- Lot Size: 7,820 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: John Lewis • Lewis, John
Mls Name: CRMLS
Mls ID: #OC25172278