1414 N Las Palmas AveLos AngelesCA90028
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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 1414 N Las Palmas Ave, Los Angeles, CA, 90028 with 5% annual appreciation on a $1,663,500 basis while $6,380/mo rent supports operations. 66% in year one. Equity gained on principal adds $10,734/yr, and five-year appreciation sums $459,594 alongside rental yield of 4.6%. Five-year ROI measures 58.52% and total cumulative return in cash totals $315,416. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,380/mo property income versus a $8,142/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1907
7,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90028, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,524 (100%) |
| Owner Occupied HU | 744 ( 3.3%) |
| Renter Occupied HU | 18,588 (82.5%) |
| Vacant Housing Units | 3,192 (14.2%) |
| Median Home Value | $1,025,641 |
| Average Home Value | $1,186,790 |
Housing Distribution
Address Breakdown
Residential
22,958
Single Family
6,772
Multi-Family
16,186
Businesses
2,210
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Listed by: N/A • N/A
Mls Name: CRMLS
Mls Provider:
Mls ID: #CV25018317