22943 Maple Ave UNIT A, Torrance, CA, 90505 | 7.06% Rental Yield

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22943 Maple Ave UNIT A, Torrance, CA, 90505 | 7.06% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Torrance at 22943 Maple Ave UNIT A, Torrance, CA, 90505 earns from $3,820/mo rent with a $3,177/mo payment. Total monthly income totals $3,820/mo. ROI tracks 18.96% on current figures, and rental yield reads 7.06% at a $649,000 purchase. Equity gained on principal adds $4,188/yr, and 5% annual appreciation supports $179,307 over five years. Five-year ROI reaches 97.73% and total cumulative return in cash sums $208,680. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,820/mo property income instead of your personal income.

Condo

Built in 1963

22.64 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this well maintained, single level, very desirable "A" corner unit! This unit is in clean and move-in ready condition with no stairs, making it ideal for easy living! This very open layout features 2 good sized bedrooms plus a den that you can enclose to easily make a 3rd bedroom! Bright and open floorplan, brand new vinyl wood plank floors throughout, new electrical panel. Ensuite bedroom with a updated full bath and a guest 3/4 bath in the hallway, both of the bathrooms are in great condition with porcelain tile flooring. Both bedrooms have ample closet space. All of the double paned windows and the sliding glass door are all updated. The living room has a nice cozy, wood burning fireplace, perfect for those cold evenings. There is a large enclosed patio, as you enter the unit and another large patio off the living room overlooking beautiful greenbelt and landscaping. Both great to enjoy and relax sipping your morning coffee. There is a 2 car garage that is shared, and is literally right by the unit. The amenities are endless: A spa, two heated pools, shuffleboard, a fitness center with separate men's & women's dry saunas, a tennis/pickle ball court, wood shop, library, an art room, putting green and a 9 hole golf course, a huge Clubhouse for gatherings, entertaining, & games. On-site Management Company. Commutable friendly within minutes to the beach, Redondo Pier, shopping, dining, Del Amo Mall, medical facilities, Costco & Trader Joe's. The perfect spot for active seniors!! Hurry, this won't last!

Neighborhood Data

Neighborhood data shown for ZIP Code: 90505, Torrance, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,524 (100%)
Owner Occupied HU	7,733 (53.2%)
Renter Occupied HU	6,166 (42.5%)
Vacant Housing Units	625 ( 4.3%)
Median Home Value	$1,210,253
Average Home Value	$1,250,787