2004 Echo Park AveLos AngelesCA90026
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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 2004 Echo Park Ave, Los Angeles, CA, 90026 offers a 6.63% rental yield on a $1,394,000 purchase with $7,702/mo rent. 92% in year one. Equity gained on principal adds $8,995/yr while 5% annual appreciation supports $385,137 over five years. Portfolio math shows five-year ROI at 92.08% and total cumulative return in cash at $415,904. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,702/mo property income against a $6,823/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
4,046 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90026, Los Angeles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,581 (100%) |
| Owner Occupied HU | 5,937 (20.1%) |
| Renter Occupied HU | 21,431 (72.4%) |
| Vacant Housing Units | 2,213 ( 7.5%) |
| Median Home Value | $1,242,503 |
| Average Home Value | $1,302,544 |
Housing Distribution
Address Breakdown
Residential
27,883
Single Family
17,253
Multi-Family
10,630
Businesses
1,484
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Listed by: Aldo Linares • eXp Realty of Greater Los Angeles
Mls Name: CLAW
Mls ID: #26637091