1629 E Vernon AveLos AngelesCA90011
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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
Rental property for sale in Los Angeles at 1629 E Vernon Ave, Los Angeles, CA, 90011 generates $4,958/mo in rent, after a $4,772/mo payment. Total monthly income is $4,958/mo. Return on cash invested sits at 16.04% in year one, and rental yield is 6.1% on a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 82.08% and total cumulative return in cash sums $263,295. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,958/mo property income rather than buyer’s personal income.
Multi Family
Built in 1922
5,211 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90011, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,860 (100%) |
| Owner Occupied HU | 6,158 (24.8%) |
| Renter Occupied HU | 17,883 (71.9%) |
| Vacant Housing Units | 819 ( 3.3%) |
| Median Home Value | $624,730 |
| Average Home Value | $696,731 |
Housing Distribution
Address Breakdown
Residential
23,784
Single Family
19,209
Multi-Family
4,575
Businesses
1,871
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Listed by: Cruz Zavala • Home Smart Realty Group
Mls Name: CRMLS
Mls ID: #PW25230352