1431 W 24th StLos AngelesCA90007
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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 1431 W 24th St, Los Angeles, CA, 90007 offers a 2.11% rental yield on a $1,499,000 purchase with $2,635/mo rent. 97% in year one. Equity gained on principal adds $9,673/yr while 5% annual appreciation supports $414,146 over five years. Portfolio math shows five-year ROI at 17.26% and total cumulative return in cash at $83,805. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,635/mo property income against a $7,337/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1913
3,245 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90007, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,820 (100%) |
| Owner Occupied HU | 1,382 ( 8.7%) |
| Renter Occupied HU | 12,719 (80.4%) |
| Vacant Housing Units | 1,719 (10.9%) |
| Median Home Value | $885,961 |
| Average Home Value | $934,153 |
Housing Distribution
Address Breakdown
Residential
14,793
Single Family
6,083
Multi-Family
8,710
Businesses
1,440
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Listed by: Amalia Ochoa • The Proud Crowd Inc.
Mls Name: CLAW
Mls ID: #25615627