2001 Artesia Blvd UNIT 301Redondo BeachCA90278
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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 Redondo Beach at 2001 Artesia Blvd UNIT 301, Redondo Beach, CA, 90278 generates $2,044/mo in rent and, after a $1,488/mo payment, leaves $163/mo in cash flow. Total monthly income is $2,044/mo, and annual cash flow is $1,960/yr on $100,776 invested. Return on cash invested sits at 21.85% in year one, and rental yield is 8.07% on a $304,000 entry. Equity gained on principal adds $1,962/yr, while 5% annual appreciation builds toward $83,990 over five years. Five-year ROI reaches 113.31% and total cumulative return in cash sums $114,188. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,044/mo property income rather than buyer’s personal income.
Condo
Built in 2008
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90278, Redondo Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,981 (100%) |
| Owner Occupied HU | 9,444 (55.6%) |
| Renter Occupied HU | 6,957 (41.0%) |
| Vacant Housing Units | 580 ( 3.4%) |
| Median Home Value | $1,224,834 |
| Average Home Value | $1,265,967 |
Housing Distribution
Address Breakdown
Residential
16,782
Single Family
10,482
Multi-Family
6,300
Businesses
999
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Listed by: Anne Rivas • Compass
Mls Name: CRMLS
Mls ID: #SB25151957