2289 W 29th PlLos 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 2289 W 29th Pl, Los Angeles, CA, 90018 listed at $1,825,000 pairs $2,749/mo rent with a $8,932/mo payment. Total monthly income runs $2,749/mo. Return on cash invested measures 3.04% in year one, and rental yield registers 1.81% at a $1,825,000 basis. Equity gained on principal adds $11,776/yr, and annual property appreciation at 5% supports $504,214 by year five. Five-year ROI tracks 12.27% and total cumulative return in cash totals $72,540. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,749/mo property income relative to a $8,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1924
6,256 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: Erick Claudio • Keller Williams South Bay
Mls Name: CRMLS
Mls ID: #SB25153246