1515 Artesia Blvd APT 2Manhattan BeachCA90266
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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 Manhattan Beach at 1515 Artesia Blvd APT 2, Manhattan Beach, CA, 90266 earns from $5,338/mo rent with a $6,118/mo payment. Total monthly income totals $5,338/mo. ROI tracks 13.27% on current figures, and rental yield reads 5.12% at a $1,250,000 purchase. Equity gained on principal adds $8,066/yr, and 5% annual appreciation supports $345,352 over five years. Five-year ROI reaches 67.16% and total cumulative return in cash sums $272,017. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,338/mo property income instead of your personal income.
Townhouse
Built in 1980
6,743 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90266, Manhattan Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,790 (100%) |
| Owner Occupied HU | 9,139 (61.8%) |
| Renter Occupied HU | 4,418 (29.9%) |
| Vacant Housing Units | 1,233 ( 8.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,932,922 |
Housing Distribution
Address Breakdown
Residential
14,613
Single Family
13,354
Multi-Family
1,259
Businesses
1,372
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Listed by: Lauren Forbes • Compass
Mls Name: CRMLS
Mls ID: #SB25277352