1361 Kelton Ave #401Los AngelesCA90024
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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 1361 Kelton Ave #401, Los Angeles, CA, 90024 offers a 4.59% rental yield on a $1,100,000 purchase with $4,212/mo rent. 64% in year one. Equity gained on principal adds $7,098/yr while 5% annual appreciation supports $303,910 over five years. Portfolio math shows five-year ROI at 58.4% and total cumulative return in cash at $208,147. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,212/mo property income against a $5,384/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2025
8,036 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90024, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,827 (100%) |
| Owner Occupied HU | 5,918 (29.8%) |
| Renter Occupied HU | 11,006 (55.5%) |
| Vacant Housing Units | 2,903 (14.6%) |
| Median Home Value | $1,788,433 |
| Average Home Value | $1,647,785 |
Housing Distribution
Address Breakdown
Residential
19,386
Single Family
3,874
Multi-Family
15,512
Businesses
1,782
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Listed by: Magdalena Kosik • Equity Union
Mls Name: CLAW
Mls ID: #25578285