161 Monterey Blvd #AHermosa BeachCA90254
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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 Hermosa Beach at 161 Monterey Blvd #A, Hermosa Beach, CA, 90254 with 5% annual appreciation on a $1,875,000 basis while $8,034/mo rent supports operations. 33% in year one. Equity gained on principal adds $12,099/yr, and five-year appreciation sums $518,028 alongside rental yield of 5.14%. Five-year ROI measures 67.45% and total cumulative return in cash totals $409,766. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,034/mo property income versus a $9,177/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1979
988 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90254, Hermosa Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,921 (100%) |
| Owner Occupied HU | 4,169 (42.0%) |
| Renter Occupied HU | 4,954 (49.9%) |
| Vacant Housing Units | 798 ( 8.0%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,804,921 |
Housing Distribution
Address Breakdown
Residential
9,880
Single Family
6,872
Multi-Family
3,008
Businesses
1,029
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Listed by: Julie Lockwood • Estate Properties
Mls Name: CRMLS
Mls ID: #SB25274590