1940 S La Salle AveLos AngelesCA90018
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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 Los Angeles at 1940 S La Salle Ave, Los Angeles, CA, 90018 with 5% annual appreciation on a $1,899,000 basis while $5,178/mo rent supports operations. 56% in year one. Equity gained on principal adds $12,254/yr, and five-year appreciation sums $524,659 alongside rental yield of 3.27%. Five-year ROI measures 36.5% and total cumulative return in cash totals $224,593. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,178/mo property income versus a $9,295/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1939
7,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90018, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,609 (100%) |
| Owner Occupied HU | 5,463 (29.4%) |
| Renter Occupied HU | 12,122 (65.1%) |
| Vacant Housing Units | 1,024 ( 5.5%) |
| Median Home Value | $925,418 |
| Average Home Value | $1,038,008 |
Housing Distribution
Address Breakdown
Residential
17,157
Single Family
11,091
Multi-Family
6,066
Businesses
891
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Listed by: Christopher D. Lewis • Berkshire Hathaway Homeservice
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202505198
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.