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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Hermosa Beach at 1720 Ardmore Ave APT 221, Hermosa Beach, CA, 90254 offers a 6.2% rental yield on a $999,000 purchase with $5,158/mo rent. 33% in year one. Equity gained on principal adds $6,446/yr while 5% annual appreciation supports $276,005 over five years. Portfolio math shows five-year ROI at 83.6% and total cumulative return in cash at $274,766. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,158/mo property income against a $4,890/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1970
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 90254, Hermosa Beach, CA area.
| 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 |
Residential
9,880
Single Family
6,872
Multi-Family
3,008
Businesses
1,029
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Garrison Comstock • Garrison Team Real Estate
Mls Name: CRMLS
Mls ID: #PV25259278
