1531 12th St #1Santa MonicaCA90401
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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 Santa Monica at 1531 12th St #1, Santa Monica, CA, 90401 earns from $5,251/mo rent with a $5,379/mo payment. Total monthly income totals $5,251/mo. ROI tracks 15.15% on current figures, and rental yield reads 5.73% at a $1,099,000 purchase. Equity gained on principal adds $7,092/yr, and 5% annual appreciation supports $303,633 over five years. Five-year ROI reaches 77.25% and total cumulative return in cash sums $275,070. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,251/mo property income instead of your personal income.
Condo
Built in 1989
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90401, Santa Monica, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,793 (100%) |
| Owner Occupied HU | 302 ( 5.2%) |
| Renter Occupied HU | 4,567 (78.8%) |
| Vacant Housing Units | 924 (16.0%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,769,103 |
Housing Distribution
Address Breakdown
Residential
5,945
Single Family
961
Multi-Family
4,984
Businesses
1,728
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Listed by: Shannon Casey • Sotheby's International Realty
Mls Name: CLAW
Mls ID: #25608215