1755 Ocean Ave APT 308Santa 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 1755 Ocean Ave APT 308, Santa Monica, CA, 90401 listed at $1,349,000 pairs $4,901/mo rent with a $6,603/mo payment. Total monthly income runs $4,901/mo. Return on cash invested measures 10.91% in year one, and rental yield registers 4.36% at a $1,349,000 basis. Equity gained on principal adds $8,705/yr, and annual property appreciation at 5% supports $372,704 by year five. Five-year ROI tracks 54.5% and total cumulative return in cash totals $238,215. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,901/mo property income relative to a $6,603/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2014
N/A 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: Lorraine Getz • Compass
Mls Name: CLAW
Mls ID: #25572685