1806 N Gramercy Pl UNIT 101Los AngelesCA90028
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1806 N Gramercy Pl UNIT 101, Los Angeles, CA, 90028 in Los Angeles hard to pass up. The 10.91% gross yield on a $1,195,000 purchase results in $10,860/mo in rent and $2,479/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.02). Annual cash flow of $29,752, five-year appreciation of $330,156, and $11,006/yr in equity build-up combine for a projected total cumulative return of $617,011.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 4.1% |
| Monthly Cash Flow | $2,479 | $1,850 |
City averages based on Los Angeles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $10,860 |
| Total Monthly Debt Service | $7,905 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2021
N/A lot
$N/A/sqft
$550 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90028, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,524 (100%) |
| Owner Occupied HU | 744 ( 3.3%) |
| Renter Occupied HU | 18,588 (82.5%) |
| Vacant Housing Units | 3,192 (14.2%) |
| Median Home Value | $1,025,641 |
| Average Home Value | $1,186,790 |
Housing Distribution
Address Breakdown
Residential
22,958
Single Family
6,772
Multi-Family
16,186
Businesses
2,210
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2021
N/A lot
$N/A/sqft
$550 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90028, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,524 (100%) |
| Owner Occupied HU | 744 ( 3.3%) |
| Renter Occupied HU | 18,588 (82.5%) |
| Vacant Housing Units | 3,192 (14.2%) |
| Median Home Value | $1,025,641 |
| Average Home Value | $1,186,790 |
Housing Distribution
Address Breakdown
Residential
22,958
Single Family
6,772
Multi-Family
16,186
Businesses
2,210
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices